← MILLERKNOLL, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.3b |
$2.3b
+0.59%
|
$2.4b
+4.52%
|
$2.6b
+7.81%
|
$2.5b
-3.14%
|
$2.5b
-0.86%
|
$3.9b
+60.07%
|
$4.1b
+3.58%
|
$3.6b
-11.22%
|
$3.7b
+1.14%
|
$3.8b
+4.68%
|
|
| Cost of Revenue | $1.4b |
$1.4b
+1.68%
|
$1.5b
+6.66%
|
$1.6b
+8.56%
|
$1.6b
-3.75%
|
$1.5b
-3.81%
|
$2.6b
+71.07%
|
$2.7b
+2.46%
|
$2.2b
-16.87%
|
$2.2b
+1.74%
|
$2.4b
+4.70%
|
|
| Gross Profit | $874.2m |
$864.2m
-1.14%
|
$873.0m
+1.02%
|
$929.9m
+6.52%
|
$910.7m
-2.06%
|
$949.2m
+4.23%
|
$1.4b
+42.51%
|
$1.4b
+5.71%
|
$1.4b
-0.73%
|
$1.4b
+0.22%
|
$1.5b
+4.65%
|
|
| Research and Development Expense | $62.4m | $58.6m | $57.1m | $58.8m | $54.3m | $50.8m | $71.1m | $105.7m | $92.6m | $93.8m | $100.3m | |
| Selling, General and Administrative Expense | $585.6m | $587.8m | $616.7m | $639.3m | $643.3m | $643.8m | $1.2b | $1.1b | $1.1b | $1.1b | $1.2b | |
| Amortization of Intangible Assets | — | — | — | — | — | — | — | $39.8m | $37.6m | $37.9m | — | |
| Restructuring Costs | — | — | — | — | — | — | — | $34.0m | $30.8m | $14.8m | — | |
| Operating Expenses | $662.7m | $673.4m | $695.5m | $726.4m | $949.1m | $718.6m | $1.3b | $1.3b | $1.3b | $1.4b | $1.3b | |
| Operating Income (Loss) | $211.5m |
$190.8m
-9.79%
|
$177.5m
-6.97%
|
$203.5m
+14.65%
|
($38.4m)
-118.87%
|
$230.6m
+700.52%
|
$39.8m
-82.74%
|
$122.3m
+207.29%
|
$167.2m
+36.71%
|
$50.5m
-69.80%
|
$210.2m
+316.24%
|
|
| Interest Expense | $15.4m | $15.2m | $13.5m | $12.1m | $12.5m | $13.9m | $37.8m | $74.0m | — | — | $69.9m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $700k | $700k | $400k | $300k | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($300k) | ($200k) | ($300k) | $1.6m | ($1.0m) | $7.6m | ($12.2m) | $300k | $2.6m | ($1.1m) | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $76.2m | $76.7m | $69.9m | |
| Income (Loss) from Equity Method Investments | $400k | $1.6m | $3.0m | $5.0m | $5.0m | $300k | $0 | — | ($400k) | $0 | — | |
| Nonoperating Income (Expense) | ($14.9m) | ($13.2m) | ($9.4m) | ($8.4m) | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $154.9m | $131.4m | $121.6m | $136.2m | ($75.6m) | $133.2m | ($142.4m) | ($90.3m) | ($24.8m) | ($132.8m) | $128.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | ($8.6m) | $51.4m | $99.7m | ($21.9m) | $128.2m | |
| Current Income Tax Expense (Benefit) | $49.1m | $42.1m | $45.2m | $38.3m | $31.0m | $41.2m | $34.5m | $48.7m | $52.8m | $56.4m | $32.4m | |
| Income Tax Expense (Benefit) | $59.5m | $55.1m | $42.4m | $39.6m | $6.0m | $47.9m | $11.1m | $4.5m | $14.7m | $11.6m | $32.4m | |
| Net Income (Loss) Attributable to Parent | $136.7m |
$123.9m
-9.36%
|
$128.1m
+3.39%
|
$160.5m
+25.29%
|
($9.1m)
-105.67%
|
$173.1m
+2002.20%
|
($27.1m)
-115.66%
|
$42.1m
+255.35%
|
$82.3m
+95.49%
|
($36.9m)
-144.84%
|
$91.5m
+347.97%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $200k | $600k | $0 | ($5.3m) | $5.7m | $7.4m | — | — | — | $91.5m | |
| Earnings Per Share, Basic | $2.28 | $2.07 | $2.15 | $2.72 | ($0.15) | $2.94 | ($0.37) | $0.56 | $1.12 | ($0.54) | $1.33 | |
| Earnings Per Share, Diluted | $2.26 | $2.05 | $2.12 | $2.70 | ($0.15) | $2.92 | ($0.37) | $0.55 | $1.11 | ($0.54) | $1.32 | |
| Common Stock, Dividends, Per Share, Declared | $0.59 | $0.68 | $0.72 | $0.79 | $0.63 | $0.79 | $0.63 | $0.75 | $0.75 | $0.75 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 59.8m | 59.9m | 59.7m | 59.0m | 58.9m | 58.9m | 73.2m | 75.5m | 73.3m | 69.0m | 68.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 60.5m | 60.6m | 60.3m | 59.4m | 58.9m | 59.4m | 73.2m | 76.0m | 74.0m | 69.0m | 69.3m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | $600k | $0 | — | — | $125.5m | — | $125.5m | $125.5m | $125.5m | $92.3m | $0 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.