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Consumer Cyclical - Furnishings, Fixtures & Appliances - NASDAQ - US
$ 16.77
-3.51 %
$ 1.14 B
Market Cap
39.0
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MLKN stock under the worst case scenario is HIDDEN Compared to the current market price of 16.8 USD, MillerKnoll, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MLKN stock under the base case scenario is HIDDEN Compared to the current market price of 16.8 USD, MillerKnoll, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MLKN stock under the best case scenario is HIDDEN Compared to the current market price of 16.8 USD, MillerKnoll, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MLKN

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$26.0$26.0$25.0$25.0$24.0$24.0$23.0$23.0$22.0$22.0$21.0$21.0$20.0$20.0$19.0$19.0$18.0$18.0$17.0$17.0$16.0$16.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
3.63 B REVENUE
-11.22%
167 M OPERATING INCOME
36.71%
82.3 M NET INCOME
78.52%
352 M OPERATING CASH FLOW
116.27%
-86.3 M INVESTING CASH FLOW
-12.81%
-259 M FINANCING CASH FLOW
-198.16%
876 M REVENUE
-9.71%
-82.2 M OPERATING INCOME
-131.52%
-11.7 M NET INCOME
-33.24%
62 M OPERATING CASH FLOW
12.12%
-15.5 M INVESTING CASH FLOW
31.11%
-93.7 M FINANCING CASH FLOW
-588.97%
Balance Sheet MillerKnoll, Inc.
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Current Assets 1.07 B
Cash & Short-Term Investments 230 M
Receivables 330 M
Other Current Assets 509 M
Non-Current Assets 2.97 B
Long-Term Investments 63.9 M
PP&E 868 M
Other Non-Current Assets 2.04 B
5.70 %8.17 %12.58 %21.46 %50.51 %Total Assets$4.0b
Current Liabilities 698 M
Accounts Payable 241 M
Short-Term Debt 178 M
Other Current Liabilities 278 M
Non-Current Liabilities 1.89 B
Long-Term Debt 1.65 B
Other Non-Current Liabilities 235 M
9.34 %6.88 %10.77 %63.92 %9.08 %Total Liabilities$2.6b
EFFICIENCY
Earnings Waterfall MillerKnoll, Inc.
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Revenue 3.63 B
Cost Of Revenue 2.21 B
Gross Profit 1.42 B
Operating Expenses 1.25 B
Operating Income 167 M
Other Expenses 84.9 M
Net Income 82.3 M
4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m004b(2b)1b(1b)167m(85m)82mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
39.12% GROSS MARGIN
39.12%
4.61% OPERATING MARGIN
4.61%
2.27% NET MARGIN
2.27%
5.94% ROE
5.94%
2.04% ROA
2.04%
4.05% ROIC
4.05%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis MillerKnoll, Inc.
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300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)201620162017201720182018201920192020202020212021202220222023202320242024
Net Income 82.3 M
Depreciation & Amortization 155 M
Capital Expenditures -78.4 M
Stock-Based Compensation 20.7 M
Change in Working Capital 83.4 M
Others 67.7 M
Free Cash Flow 274 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets MillerKnoll, Inc.
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MLKN has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.80% DIVIDEND YIELD
0.188 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.90000.90000.80000.80000.70000.70000.60000.60000.50000.50000.40000.40000.30000.30000.20000.20000.10000.10000.00000.00000.140.14750.170.180.19750.210.18750.18750.18750.18750.18750.140.14750.170.180.19750.18750.18750.18750.18750.14750.170.180.19750.210.18750.18750.18750.18750.14750.580.170.640.180.700.19750.760.210.820.18750.770.18750.750.18750.750.18750.750.18750.380.192015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership MillerKnoll, Inc.
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Sold
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6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Furniture Retailers' Supply-Chain Moves Fail to Dodge New Tariffs Furniture-retailer stocks are sliding as investors worry that years of efforts by the industry to avoid tariffs will now be in vain as it looks to be among those hardest hit by President Trump's latest set of levies. wsj.com - 2 weeks ago
MillerKnoll: Low Valuation And Close To Bottom MillerKnoll, Inc. (MLKN) faces macroeconomic headwinds but shows revenue growth through new product launches, store expansions, and strong North American retail orders. The company's backlog grew 7.4% Y/Y, and a 4.5% list price increase in June 2025 should support future revenue growth. Margin pressures from tariffs are mitigated by price increases, cost-reduction initiatives, and alternative sourcing, ensuring long-term revenue and margin growth potential. seekingalpha.com - 2 weeks ago
MLKN Q3 Earnings Meet Estimates, Sales Miss, FY'25 EPS View Down MillerKnoll's third-quarter fiscal 2025 reflects mixed results across the top and the bottom lines. Know more about the quarterly performance here. zacks.com - 3 weeks ago
MillerKnoll's Recovery Looks Promising, But I'm Holding The Line MillerKnoll shows promise with a strong brand lineup and improving cash flow, but faces challenges like thin margins, high debt, and inconsistent retail results. Q3 2025 highlights include a slight EPS beat, strong North American contract business, and notable retail growth, especially among higher-income consumers. Despite some positive signs, the company's valuation reflects market concerns about revenue stability, profit consistency, and economic exposure, leading to a continued Hold rating. seekingalpha.com - 3 weeks ago
MillerKnoll (MLKN) Matches Q3 Earnings Estimates MillerKnoll (MLKN) came out with quarterly earnings of $0.44 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.45 per share a year ago. zacks.com - 3 weeks ago
MillerKnoll, Inc. (MLKN) Q3 2025 Earnings Call Transcript MillerKnoll, Inc. (NASDAQ:MLKN ) Q3 2025 Results Conference Call March 27, 2025 5:00 PM ET Company Participants Wendy Watson - VP of IR Jeff Stutz - CFO Andi Owen - CEO Debbie Propst - President, Global Retail John Michael - President, Americas Contract Conference Call Participants Brian Gordon - Water Tower Research Greg Burns - Sidoti and Co Alex Fuhrman - Craig-Hallum Reuben Garner - The Benchmark Company Operator Good evening, and welcome to MillerKnoll's Quarterly Earnings Conference Call. As a reminder, this call is being recorded. seekingalpha.com - 3 weeks ago
MillerKnoll, Inc. Reports Third Quarter Fiscal 2025 Results ZEELAND, Mich. , March 26, 2025 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ: MLKN) today reported results for the third quarter of fiscal year 2025 ended March 1, 2025. prnewswire.com - 3 weeks ago
MillerKnoll to Report Q3 Earnings: What's in Store for the Stock? MLKN's third-quarter fiscal 2025 results are likely to reflect improved demand and strong order growth, amid higher operating expenses. zacks.com - 3 weeks ago
MillerKnoll Achieves SBTi Validation for Near-Term Carbon Reduction Targets ZEELAND, Mich. , Feb. 27, 2025 /PRNewswire/ -- MillerKnoll, a collective of dynamic design brands, has received approval from the Science Based Targets initiative (SBTi) for its near-term science-based emissions reduction targets covering its global activities. prnewswire.com - 1 month ago
MillerKnoll Schedules Third Quarter Fiscal Year 2025 Conference Call and Webcast ZEELAND, Mich. , Feb. 26, 2025 /PRNewswire/ -- MillerKnoll, Inc. ("MillerKnoll" or the "Company") (NASDAQ: MLKN) will release its fiscal 2025 third quarter financial results on Wednesday, March 26, 2025, after the stock market closes. prnewswire.com - 1 month ago
MillerKnoll Unveils New Sustainability Strategy and Issues 2024 Better World Report Centered on Carbon, Materials, and Circularity, Strategy Aims for Net-Zero by 2050 ZEELAND, Mich. , Feb. 4, 2025 /PRNewswire/ -- MillerKnoll, a global collective of dynamic design brands, has unveiled a new sustainability strategy and published its 2024 Better World Report, detailing the company's efforts to design a better future for MillerKnoll associates, communities around the globe, and the planet we share. prnewswire.com - 2 months ago
Why MillerKnoll's Quarter Hasn't Changed My Hold Rating MillerKnoll, Inc.'s fiscal Q2 earnings showed mixed results with a slight miss on EPS but a significant revenue beat, yet the stock remains under pressure. Despite a strong brand portfolio and cash flows, near-term issues like squeezed margins, rising costs, and uneven retail performance justify my hold rating. Financial health is decent with strong gross margins and improved cash flow, but high debt and low net income margins are concerning. seekingalpha.com - 4 months ago
8. Profile Summary

MillerKnoll, Inc. MLKN

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COUNTRY US
INDUSTRY Furnishings, Fixtures & Appliances
MARKET CAP $ 1.14 B
Dividend Yield 1.80%
Description MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. The company operates in four segments: Americas Contract, International Contract, Global Retail, and Knoll. It offers office furniture products under the Aeron, Mirra, Sayl, Embody, Layout Studio, Imagine Desking System, Ratio, Cosm, Tone, and Generation by Knoll names; and other seating and storage products and ergonomic accessories under the About A Chair, Palissade, Eero Saarinen designs, Barcelona, and the Flo monitor arm names. The company also offers office seating, office furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions. As of May 28, 2022, the company operated 70 retail studios including 35 operates under the DWR brand, 7 under the HAY brand, 22 Herman Miller stores, 2 Muuto stores, 3 Knoll stores, and a multi-brand Chicago store. Its products are used in institutional, health/science, and residential and other environments; transportation terminals; and industrial and educational settings. The company markets its products through its sales staff, and independent dealers and retailers, as well as e-commerce websites. The company was formerly known as Herman Miller, Inc. and changed its name to MillerKnoll, Inc. in November 2021. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan.
Contact 855 East Main Avenue, Zeeland, MI, 49464-0302 https://www.millerknoll.com
IPO Date March 17, 1980
Employees 10200
Officers Mr. Jeffrey M. Stutz Chief Financial Officer Mr. John P. Michael President of America Contract Ms. Jacqueline Hourigan Rice General Counsel & Corporate Secretary Ms. Megan C. Lyon Chief Strategy Officer Ms. Debbie F. Propst President of Global Retail Ms. Andrea R. Owen President, Chief Executive Officer & Director Mr. Richard Scott Chief Manufacturing & Operations Officer Mr. Bruce Benedict Watson Chief Creative & Product Officer Mr. Timothy C. Straker Chief Marketing Officer & Communication Officer Mr. Christopher M. Baldwin Group President