HNISTU:HO9 +5.45%60 Net Margin % is -2.88% as of Mar. 2026. GuruFocus rates STU:HO9 with a GF Score™ of 60/100 and a GF Value™ of €50.47 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, HNI ranks worse than 68.06% on this metric.
Net margin is calculated as Net Income divided by its Revenue. HNI's Net Income for the
three
months ended in Mar. 2026 was €-34 Mil. HNI's Revenue for the
three
months ended in Mar. 2026 was €1,166 Mil. Therefore, HNI's net margin for the quarter that ended in Mar. 2026 was -2.88%.
The historical rank and industry rank for HNI's Net Margin % or its related term are showing as below:
STU:HO9'
s Net Margin % Range Over the Past 10 Years
Min: 0.04 Med: 4.01 Max: 5.52
Current: 0.04
STU:HO9's Net Margin % is ranked worse than 68.06% of 432
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.65
vs STU:HO9: 0.04
HNI (STU:HO9) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
HNI Net Margin % Related Terms
HNI Net Margin % Historical Data
* Premium members only.
The historical data trend for HNI's Net Margin % 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 TILE, WHR, LZB: Net Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, HNI's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, HNI's Net Margin % distribution charts can be found below:
* The bar in red indicates where HNI's Net Margin % 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 Net Margin % of -2.88% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on HNI and its competitors. Over the past decade, HNI's Net Margin % has ranged from 0.04 to 5.52. According to the industry distribution chart, HNI ranks #294 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 68.1%.
Is HNI's Net Margin % too high?
HNI's current Net Margin % is -2.88%. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 5.52. Based on the distribution chart, HNI ranks #294 out of 432 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, HNI has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HNI's Net Margin % compare to TILE and WHR?
According to the Furnishings, Fixtures & Appliances industry distribution chart, HNI ranks #294 out of 432 companies for Net Margin %. This places HNI in the lower half of its industry. The industry median Net Margin % is 2.65. Historically, HNI's own Net Margin % has ranged from 0.04 to 5.52 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Furnishings, Fixtures & Appliances company?
The median Net Margin % among Furnishings, Fixtures & Appliances companies is 2.65, based on 432 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on HNI and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Margin % is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HNI's current Net Margin % is -2.88%. 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 Possible Value Trap. The stock's GF Value™ is €50.47, compared to a current price of €34.80 — trading 31% below its estimated fair value. The current Net Margin % is -2.88%. HNI's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For HNI (STU:HO9), the current Net Margin % is -2.88% as of Mar. 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 €34.80 is trading 31% below its estimated GF Value™ of €50.47.
GuruFocus considers HNI to be Possible Value Trap.
Key valuation signals for STU:HO9:
Net Margin %: -2.88%
GF Value™: €50.47 vs. price of €34.80 (31% below fair value)
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.
60GF Score
Get the complete analysis for STU:HO9
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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