MLKN (MillerKnoll) Goodwill-to-Asset: 0.29 (As of May. 2026)

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MLKN MillerKnoll Inc MLKN
71 GF Score
Price $22.91
GF Value $23.08
Valuation Fairly Valued
! 7 Warning Signs
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What is MillerKnoll Goodwill-to-Asset?

MillerKnoll MLKN +2.37% 71 Goodwill-to-Asset is 0.29 as of May. 2026. GuruFocus rates MLKN with a GF Score™ of 71/100 and a GF Value™ of $23.08 (Fairly Valued). The stock has 7 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. MillerKnoll's Goodwill for the quarter that ended in May. 2026 was $1,161 Mil. MillerKnoll's Total Assets for the quarter that ended in May. 2026 was $4,001 Mil. Therefore, MillerKnoll's Goodwill to Asset Ratio for the quarter that ended in May. 2026 was 0.29.


MillerKnoll  (NAS:MLKN) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


MillerKnoll Goodwill-to-Asset Related Terms


MillerKnoll Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for MillerKnoll's Goodwill-to-Asset 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.

MillerKnoll Goodwill-to-Asset Chart

MillerKnoll Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.29 0.30 0.29 0.29

MillerKnoll Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Goodwill-to-Asset 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 0.29 0.30 0.29 0.30 0.29

MLKN vs MBC, LZB, LEG: Goodwill-to-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, MillerKnoll's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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.


MillerKnoll Goodwill-to-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MillerKnoll's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where MillerKnoll's Goodwill-to-Asset falls into.


MLKN
71GF Score
MillerKnoll Inc MLKN
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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MillerKnoll Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

MillerKnoll's Goodwill to Asset Ratio for the fiscal year that ended in May. 2026 is calculated as

Goodwill to Asset (A: May. 2026 )=Goodwill/Total Assets
=1161.3/4000.5
=0.29

MillerKnoll's Goodwill to Asset Ratio for the quarter that ended in May. 2026 is calculated as

Goodwill to Asset (Q: May. 2026 )=Goodwill/Total Assets
=1161.3/4000.5
=0.29

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.29 mean?
MillerKnoll (MLKN) has a Goodwill-to-Asset of 0.29 as of May. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on MillerKnoll and its competitors.
Is MillerKnoll's Goodwill-to-Asset too high?
MillerKnoll's current Goodwill-to-Asset is 0.29. Overall, MillerKnoll has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MillerKnoll's Goodwill-to-Asset compare to MBC and LZB?
MillerKnoll's Goodwill-to-Asset of 0.29 can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Furnishings, Fixtures & Appliances company?
A good Goodwill-to-Asset depends on the Furnishings, Fixtures & Appliances industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on MillerKnoll and its competitors. MillerKnoll's current Goodwill-to-Asset is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MillerKnoll stock overvalued right now?
Based on GuruFocus' analysis, MillerKnoll (MLKN) is currently considered Fairly Valued. The stock's GF Value™ is $23.08, compared to a current price of $22.91 — trading 0.7% below its estimated fair value. The current Goodwill-to-Asset is 0.29. MillerKnoll's overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For MillerKnoll (MLKN), the current Goodwill-to-Asset is 0.29 as of May. 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 MillerKnoll (MLKN) Overvalued in 2026?

Based on GuruFocus' analysis, MillerKnoll stock appears to be undervalued. The current stock price of $22.91 is trading 0.7% below its estimated GF Value™ of $23.08. GuruFocus considers MillerKnoll to be Fairly Valued.

Key valuation signals for MLKN:

  • Goodwill-to-Asset: 0.29
  • GF Value™: $23.08 vs. price of $22.91 (0.7% below fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the MLKN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MillerKnoll Business Description

Other Exchanges MHR:Germany
Address 855 East Main Avenue, P.O. Box 302, Zeeland, MI, USA, 49464
MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Contract, International Contract, and Global Retail. The company's products are sold through a variety of sources, including owned and independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalogs, and the company's online stores. The independent retailer division generates the majority of the firm's overall sales.
71GF Score

Get the complete analysis for MLKN

Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.91
Price
$23.08
GF Value