Herman Miller (MLHR) Stock Price, News & Analysis

Company Overview

Herman Miller, Inc. engages in the research, design, manufacture, and distribution of interior furnishings for use in various environments including office, healthcare, educational, and residential settings. It operates through the following segments: North America Contract, International Contract, Retail, and Corporate. The North America Contract segment includes the operations associated with the design, manufacture, and sale of furniture and textile products for work-related settings throughout the United States and Canada. The International Contract segment covers operations in the Europe, Middle East, and Africa; Latin America; and Asia-Pacific geographic regions. The Retail segment focuses on the sale of modern design furnishings and accessories to third party retail distributors. The Corporate segment consists of unallocated expenses related to general corporate functions including certain legal, executive, corporate finance, information technology, administrative, and acquisition-related costs. The company was founded by Dirk Jan de Pree in 1905 and is headquartered in Zeeland, MI.

Key Stats

• Today's Range: N/A
• 50-Day Range: $36.96 to $42.57
• 52-Week Range: N/A
• Volume: 38,689 shs
• Average Volume: 657,555 shs
• Market Capitalization: $2.95 billion
• P/E Ratio: 11.69
• Dividend Yield: 1.93%
• Price Target: N/A
• Consensus Rating: N/A

MLHR Stock Analysis - Frequently Asked Questions

How were Herman Miller's earnings last quarter?

Herman Miller, Inc. (NASDAQ:MLHR) released its quarterly earnings results on Tuesday, September, 28th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.01. The company's quarterly revenue was up 26.0% compared to the same quarter last year.

Does Herman Miller have any subsidiaries?

The following companies are subsidiaries of Herman Miller: Knoll, Maars Living Walls, Design Within Reach, Maharam Fabric Corporation, POSH Office Systems, Nemschoff, Colebrook Bosson Saunders, and more.

What other stocks do shareholders of Herman Miller own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Herman Miller investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Meta Platforms (META), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Target (TGT) and Tesla (TSLA).

Company Calendar

• Last Earnings: 9/28/2021
• Today: 11/21/2024
• Fiscal Year End: 5/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Office Furniture
• Sub-Industry: Office Services & Supplies
• Current Symbol: NASDAQ:MLHR
• CUSIP: 60054410
• CIK: 66382
• Web: www.hermanmiller.com
• Phone: (616) 654-3000
• Fax: 616-654-3632
• Employees: 7,600
• Year Founded: 1905

Profitability

• EPS (Most Recent Fiscal Year): $3.33
• Trailing P/E Ratio: 11.69
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $173.10 million
• Net Margins: 1.47%
• Pretax Margin: 2.35%
• Return on Equity: 15.85%
• Return on Assets: 5.94%

Debt

• Debt-to-Equity Ratio: 0.88
• Current Ratio: 1.41
• Quick Ratio: 0.85

Sales & Book Value

• Annual Sales: $2.47 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 8.01
• Book Value: $19.47 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 75,774,000
• Free Float: 74,872,000
• Market Cap: $2.95 billion
• Optionable: Optionable
• Beta: 1.31