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HNI (HNI) 3-Year RORE % : -21.50% (As of Dec. 2023)


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What is HNI 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. HNI's 3-Year RORE % for the quarter that ended in Dec. 2023 was -21.50%.

The industry rank for HNI's 3-Year RORE % or its related term are showing as below:

HNI's 3-Year RORE % is ranked worse than
73.43% of 2808 companies
in the Industrial Products industry
Industry Median: 6.175 vs HNI: -21.50

HNI 3-Year RORE % Historical Data

The historical data trend for HNI's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HNI 3-Year RORE % Chart

HNI Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.40 -56.72 -100.42 129.64 -21.50

HNI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 129.64 37.74 -21.12 -47.17 -21.50

Competitive Comparison of HNI's 3-Year RORE %

For the Business Equipment & Supplies subindustry, HNI's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HNI's 3-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HNI's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where HNI's 3-Year RORE % falls into.



HNI 3-Year RORE % Calculation

HNI's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 1.02-1.35 )/( 5.32-3.785 )
=-0.33/1.535
=-21.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


HNI  (NYSE:HNI) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


HNI 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of HNI's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


HNI (HNI) Business Description

Traded in Other Exchanges
Address
600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071
HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold primarily through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.
Executives
Steven M Bradford officer: Sr. VP, Gen. Counsel & Sec. 408 EAST SECOND STREET, MUSCATINE IA 52761
Jeffrey D Lorenger officer: VP, Gen. Counsel and Secretary 408 EAST SECOND STREET, PO BOX 1109, MUSCATINE IA 52761
Vincent P Berger officer: President, Hearth & Home Tech 7571 215TH STREET WEST, LAKEVILLE MN 55044
Marshall H Bridges officer: VP and Chief Financial Officer 408 EAST SECOND STREET, MUSCATINE IA 52761
Michael J. Roch officer: CCO, WP & Health, Kimball Intl C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Gregory A Meunier officer: Ex VP GL Ops, Kimball Intl 1600 ROYAL ST, JASPER IN 47546
Kourtney L Smith officer: COO, Kimball International 1600 ROYAL STREET, JASPER IN 47549
Larry B Porcellato director ICI PAINTS, 15885 SPRAGUE ROAD, CLEVELAND OH 44136
Patrick D Hallinan director FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Radhakrishna S Rao officer: Chief Info and Digital Officer 600 EAST SECOND STREET, MUSCTAINE IA 52761
Ronald V Waters director 75 EAST ELM STREET, CHICAGO IL 60611
Miguel M Calado director 3600 AMHERST, UNIVERSITY PARK, DALLAS TX 75225
Kurt A Tjaden officer: SVP HNI; President HNI Intl 408 EAST SECOND STREET, MUSCATINE IA 52761
Jason Dean Hagedorn officer: President, Allsteel Inc. 600 EAST SECOND STREET, MUSCATINE IA 52761
Donna D Meade officer: VP, Member Relations 408 EAST SECOND STREET, MUSCATINE IA 52761