HNI (STU:HO9) ROA %: -3.23% (As of Mar. 2026)


STU:HO9 HNI Corp STU:HO9
60 GF Score
Price €34.80
GF Value €50.47
Valuation Possible Value Trap
! 8 Warning Signs
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What is HNI ROA %?

HNI STU:HO9 +5.45% 60 ROA % is -3.23% 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 436 Furnishings, Fixtures & Appliances companies, HNI ranks worse than 67.2% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. HNI's annualized Net Income for the quarter that ended in Mar. 2026 was €-134 Mil. HNI's average Total Assets over the quarter that ended in Mar. 2026 was €4,150 Mil. Therefore, HNI's annualized ROA % for the quarter that ended in Mar. 2026 was -3.23%.

The historical rank and industry rank for HNI's ROA % or its related term are showing as below:

STU:HO9' s ROA % Range Over the Past 10 Years
Min: 0.05   Med: 6.6   Max: 8.51
Current: 0.05

During the past 13 years, HNI's highest ROA % was 8.51%. The lowest was 0.05%. And the median was 6.60%.

STU:HO9's ROA % is ranked worse than
67.2% of 436 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.225 vs STU:HO9: 0.05

HNI  (STU:HO9) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-134.248/4150.0445
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-134.248 / 4662.348)*(4662.348 / 4150.0445)
=Net Margin %*Asset Turnover
=-2.88 %*1.1234
=-3.23 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


HNI ROA % Related Terms


HNI ROA % Historical Data

* Premium members only.

The historical data trend for HNI's ROA % 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.

HNI ROA % Chart

HNI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.25 8.79 2.91 7.49 1.55

HNI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 2.93 9.90 8.70 -5.85 -3.23

STU:HO9 vs TILE, WHR, LZB: ROA % Comparison

For the Furnishings, Fixtures & Appliances subindustry, HNI's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, HNI's ROA % distribution charts can be found below:

* The bar in red indicates where HNI's ROA % falls into.


STU:HO9
60GF Score
HNI Corp STU:HO9
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HNI ROA % Calculation

HNI's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=46.287/( (1790.721+4171.79)/ 2 )
=46.287/2981.2555
=1.55 %

HNI's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-134.248/( (4171.79+4128.299)/ 2 )
=-134.248/4150.0445
=-3.23 %

* 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 annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -3.23% mean?
HNI (STU:HO9) has a ROA % of -3.23% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on HNI and its competitors. Over the past decade, HNI's ROA % has ranged from 0.05 to 8.51. According to the industry distribution chart, HNI ranks #293 out of 436 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 67.2%.
Is HNI's ROA % too high?
HNI's current ROA % is -3.23%. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 8.51. Based on the distribution chart, HNI ranks #293 out of 436 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 ROA % compare to TILE and WHR?
According to the Furnishings, Fixtures & Appliances industry distribution chart, HNI ranks #293 out of 436 companies for ROA %. This places HNI in the lower half of its industry. The industry median ROA % is 2.23. Historically, HNI's own ROA % has ranged from 0.05 to 8.51 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 ROA % for a Furnishings, Fixtures & Appliances company?
The median ROA % among Furnishings, Fixtures & Appliances companies is 2.23, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on HNI and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROA % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HNI's current ROA % is -3.23%. 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 ROA % is -3.23%. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For HNI (STU:HO9), the current ROA % is -3.23% 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:

  • ROA %: -3.23%
  • GF Value™: €50.47 vs. price of €34.80 (31% below fair value)
  • GF Score™: 60/100 with 8 warning signs

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 Business Description

Other Exchanges HNI:USA
Address 600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071
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

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

€34.80
Price
€50.47
GF Value