Millerknoll, Inc. financial data

Symbol
MLKN on Nasdaq
Industry
Office Furniture
Location
855 E Main Ave, Po Box 302, Zeeland, Michigan
State of incorporation
Michigan
Fiscal year end
June 1
Former names
HERMAN MILLER INC (to 10/29/2021), MILLER HERMAN INC (to 11/5/2019)
Latest financial report
Q1 2024 - Apr 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 160 % -3.76%
Quick Ratio 65.9 % -10.7%
Debt-to-equity 187 % -9.27%
Return On Equity 2.31 % -45.3%
Return On Assets 1.73 % +20.9%
Operating Margin 4.2 % +5.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 71.6M shares -5.28%
Common Stock, Shares, Outstanding 71.7M shares -5.14%
Entity Public Float 1.5B USD -48.3%
Common Stock, Value, Issued 14.3M USD -5.3%
Weighted Average Number of Shares Outstanding, Basic 72.7M shares -3.63%
Weighted Average Number of Shares Outstanding, Diluted 74.1M shares -2.52%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.7B USD -12.6%
Research and Development Expense 101M USD +0.6%
Operating Income (Loss) 155M USD -7.51%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 87.4M USD -13.6%
Income Tax Expense (Benefit) 12.4M USD -61.3%
Net Income (Loss) Attributable to Parent 72.3M USD +13.5%
Earnings Per Share, Basic 0.98 USD/shares +16.7%
Earnings Per Share, Diluted 0.96 USD/shares +14.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 230M USD -41.9%
Accounts Receivable, after Allowance for Credit Loss, Current 291M USD -17.2%
Inventory, Net 437M USD -18.9%
Other Assets, Current 9.2M USD +2.22%
Assets, Current 1.08B USD -15.1%
Property, Plant and Equipment, Net 506M USD -6.73%
Operating Lease, Right-of-Use Asset 377M USD -4.63%
Goodwill 1.23B USD +0.67%
Other Assets, Noncurrent 133M USD +1.22%
Assets 4.1B USD -6.56%
Accounts Payable, Current 242M USD -14.4%
Employee-related Liabilities, Current 105M USD +26%
Contract with Customer, Liability, Current 85.5M USD -12.2%
Liabilities, Current 681M USD -7.19%
Long-term Debt and Lease Obligation 1.29B USD
Operating Lease, Liability, Noncurrent 355M USD -5.08%
Other Liabilities, Noncurrent 264M USD -13.5%
Liabilities 2.6B USD -8.63%
Accumulated Other Comprehensive Income (Loss), Net of Tax -88.6M USD +16%
Retained Earnings (Accumulated Deficit) 707M USD +1.99%
Stockholders' Equity Attributable to Parent 1.39B USD -3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.42B USD +3.46%
Liabilities and Equity 4.1B USD -6.56%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 131M USD
Net Cash Provided by (Used in) Financing Activities -111M USD -244%
Net Cash Provided by (Used in) Investing Activities -26.3M USD -158%
Common Stock, Shares Authorized 240M shares 0%
Common Stock, Shares, Issued 71.7M shares -5.14%
Common Stock, Par or Stated Value Per Share 0.2 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -6M USD +58.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 224M USD +2.99%
Interest Paid, Excluding Capitalized Interest, Operating Activities 70.6M USD +145%
Deferred Tax Assets, Valuation Allowance 12.7M USD +8.55%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 231M USD +8.49%
Operating Lease, Liability 471M USD -1.53%
Depreciation 115M USD +2.95%
Payments to Acquire Property, Plant, and Equipment 19.9M USD +15%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 89.2M USD +15.7%
Lessee, Operating Lease, Liability, to be Paid 562M USD +4.95%
Property, Plant and Equipment, Gross 1.58B USD +2.25%
Operating Lease, Liability, Current 71.1M USD -8.96%
Lessee, Operating Lease, Liability, to be Paid, Year Two 92.3M USD +4.89%
Lessee, Operating Lease, Liability, to be Paid, Year One 81.5M USD -14.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.02 pure +52.6%
Deferred Income Tax Expense (Benefit) -44.2M USD -88.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 91M USD +59.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 79.1M USD +0.51%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -32.5M USD -166%
Current Income Tax Expense (Benefit) 48.7M USD +41.2%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 1.7M USD -15%
Lessee, Operating Lease, Liability, to be Paid, Year Four 65.4M USD +5.83%
Operating Lease, Payments 100M USD +16.7%
Additional Paid in Capital 758M USD -8.77%
Current State and Local Tax Expense (Benefit) 2.2M USD +1000%
Current Federal Tax Expense (Benefit) 4.2M USD
Amortization of Intangible Assets 39.8M USD -49.4%
Depreciation, Depletion and Amortization 37.2M USD -6.06%
Deferred Tax Assets, Net of Valuation Allowance 219M USD +8.49%
Share-based Payment Arrangement, Expense 5.4M USD +12.5%
Deferred State and Local Income Tax Expense (Benefit) -4.4M USD +12%
Interest Expense 77.3M USD +15.5%