Hni (HNI) Operating Margin (2009 - 2026)
Hni's (HNI) quarterly Operating Margin came in at 6.26% in Q3 2026, down 397.0% year-over-year from 2.11% in Q3 2025, and up 331.56% quarter-over-quarter from 2.7% in Q2 2026.
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Hni (HNI) Operating Margin (2009 - 2026) Analysis & Trends
Hni (HNI) has reported Operating Margin for 18 consecutive years, with 6.26% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Operating Margin fell 397.0% year-over-year to 6.26% in Q3 2026; TTM through Jul 2026 was 2.03%, a 634.0% decrease from a year earlier, with the FY2026 full-year figure at 4.44%, down 374.0% from the prior year.
- Operating Margin was 6.26% for Q3 2026 at Hni, up from 2.7% in the prior quarter.
- Over five years, Operating Margin peaked at 13.68% in Q4 2022 and troughed at 3.51% in Q1 2026.
- A 5-year average of 5.39% and a median of 5.05% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin surged 921 bps in 2022 and sank 1201 bps in 2026, its largest moves.
- Over 5 years, Operating Margin stood at 4.04% in 2022, then advanced by 12 bps to 4.52% in 2023, then jumped by 88 bps to 8.5% in 2024, then advanced by 11 bps to 9.45% in 2025, then plunged by 34 bps to 6.26% in 2026.
- The last three Operating Margin figures came in at 6.26% (Q3 2026), 2.7% (Q2 2026), and 3.51% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Somnigroup International | 13.86 Bn | 13.75 Bn | 817.20 Mn | 11.06% |
| 2 | Hni | 3.34 Bn | 3.23 Bn | 647.20 Mn | 6.26% |
| 3 | Millerknoll | 1.43 Bn | 1.26 Bn | 395.60 Mn | 5.12% |
| 4 | La-Z-Boy | 1.23 Bn | 966.19 Mn | 208.66 Mn | -0.44% |
| 5 | MasterBrand | 1.14 Bn | 898.11 Mn | 205.50 Mn | -3.41% |
| 6 | Arhaus | 1.12 Bn | 894.72 Mn | 172.07 Mn | 14.10% |
| 7 | Ethan Allen Interiors | 557.01 Mn | 352.52 Mn | 92.62 Mn | 9.78% |
| 8 | XMax | 520.34 Mn | 484.62 Mn | 1.09 Mn | -44.49% |
| 9 | Flexsteel Industries | 424.55 Mn | 407.88 Mn | 34.62 Mn | 14.17% |
| 10 | Lovesac | 209.09 Mn | 152.09 Mn | 71.97 Mn | -12.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 6.26% |
| Apr 4, 2026 | -2.70% |
| Jan 3, 2026 | -3.51% |
| Sep 27, 2025 | 9.45% |
| Jun 28, 2025 | 10.22% |
| Mar 29, 2025 | 4.07% |
| Dec 28, 2024 | 8.50% |
| Sep 28, 2024 | 10.25% |
| Jun 29, 2024 | 8.56% |
| Mar 30, 2024 | 5.05% |
| Dec 30, 2023 | 4.52% |
| Sep 30, 2023 | 7.98% |
| Jul 1, 2023 | -0.64% |
| Apr 1, 2023 | 1.34% |
| Dec 31, 2022 | 4.04% |
| Oct 1, 2022 | 13.68% |
| Jul 2, 2022 | 4.81% |
| Apr 2, 2022 | 3.56% |
| Jan 1, 2022 | 7.02% |
| Oct 2, 2021 | 4.47% |