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HNISTU:HO9 -1.42%84 Debt-to-Equity is 0.91 as of Jun. 2026, which is 60% above its 10-year median of 0.57. GuruFocus rates STU:HO9 with a GF Score™ of 84/100 and a GF Value™ of €51.87 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 381 Furnishings, Fixtures & Appliances companies, HNI ranks worse than 81.89% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for HNI's Debt-to-Equity or its related term are showing as below:
STU:HO9'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.57 Max: 1.05
Current: 0.91
During the past 13 years, the highest Debt-to-Equity Ratio of HNI was 1.05. The lowest was 0.41. And the median was 0.57.
STU:HO9's Debt-to-Equity is ranked worse than 81.89% of 381
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.32
vs STU:HO9: 0.91
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
HNI Debt-to-Equity Related Terms
HNI Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for HNI's Debt-to-Equity 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.
STU:HO9 vs WHR, TILE, LZB: Debt-to-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, HNI's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, HNI's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where HNI's Debt-to-Equity falls into.
* 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.
HNI (STU:HO9) has a Debt-to-Equity of 0.91 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on HNI and its competitors. This is 60% above median its historical median of 0.57. Over the past decade, HNI's Debt-to-Equity has ranged from 0.41 to 1.05. According to the industry distribution chart, HNI ranks #312 out of 381 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 81.9%.
Is HNI's Debt-to-Equity too high?
HNI's current Debt-to-Equity of 0.91 is 60% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.05. The Furnishings, Fixtures & Appliances industry median Debt-to-Equity is 0.32. HNI's value of 0.91 is 184.4% above this industry median. Based on the distribution chart, HNI ranks #312 out of 381 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, HNI has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HNI's Debt-to-Equity compare to WHR and TILE?
According to the Furnishings, Fixtures & Appliances industry distribution chart, HNI ranks #312 out of 381 companies for Debt-to-Equity. This places HNI in the lower half of its industry. The industry median Debt-to-Equity is 0.32. HNI's value of 0.91 is 184.4% above this benchmark. Historically, HNI's own Debt-to-Equity has ranged from 0.41 to 1.05 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.32, HNI has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Furnishings, Fixtures & Appliances company?
The median Debt-to-Equity among Furnishings, Fixtures & Appliances companies is 0.32, based on 381 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HNI's current Debt-to-Equity of 0.91 is 184.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on HNI and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HNI's current Debt-to-Equity is 0.91, which is 60% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HNI stock overvalued right now?
Based on GuruFocus' analysis, HNI (STU:HO9) is currently considered Modestly Undervalued. The stock's GF Value™ is €51.87, compared to a current price of €41.60 — trading 19.8% below its estimated fair value. The current Debt-to-Equity is 0.91, which is 60% above median its 10-year median of 0.57 and 184.4% above the Furnishings, Fixtures & Appliances industry median of 0.32. HNI's overall GF Score™ is 84/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For HNI (STU:HO9), the current Debt-to-Equity is 0.91 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HNI (STU:HO9) Overvalued in 2026?
Based on GuruFocus' analysis, HNI stock appears to be undervalued.
The current stock price of €41.60 is trading 19.8% below its estimated GF Value™ of €51.87.
GuruFocus considers HNI to be Modestly Undervalued.
Key valuation signals for STU:HO9:
Debt-to-Equity: 0.91 (60% above median its 10-year median of 0.57)
GF Value™: €51.87 vs. price of €41.60 (19.8% below fair value)
Industry Position: 184.4% above the Furnishings, Fixtures & Appliances median (#312 of 381)
No single metric tells the full story. See the STU:HO9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HNI Corp is a provider of commercial furnishings and hearth products. Its two reportable segments are workplace furnishings and residential building products. The workplace furnishings segment includes furniture systems, seating, storage, tables, architectural products, ancillary products, and hospitality products. The residential building products segment includes various gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, outdoor fire pits and fire tables, and accessories. The company's products are sold through independent dealers, distributors, eCommerce retailers, wholesalers, and retail outlets. A majority of the firm's revenue is generated from the Workplace furnishings segment. Geographically, it operates in the United States.
84GF Score
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