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MillerKnoll (MillerKnoll) 10-Year ROIIC % : 3.32% (As of May. 2023)


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What is MillerKnoll 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. MillerKnoll's 10-Year ROIIC % for the quarter that ended in May. 2023 was 3.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for MillerKnoll's 10-Year ROIIC % or its related term are showing as below:

MLKN's 10-Year ROIIC % is ranked worse than
53.92% of 395 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.81 vs MLKN: 3.32

MillerKnoll 10-Year ROIIC % Historical Data

The historical data trend for MillerKnoll's 10-Year ROIIC % 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.

MillerKnoll 10-Year ROIIC % Chart

MillerKnoll Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.79 27.89 9.94 0.04 3.32

MillerKnoll Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
10-Year ROIIC % 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 - 3.32 - - -

Competitive Comparison of MillerKnoll's 10-Year ROIIC %

For the Furnishings, Fixtures & Appliances subindustry, MillerKnoll's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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's 10-Year ROIIC % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MillerKnoll's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where MillerKnoll's 10-Year ROIIC % falls into.



MillerKnoll 10-Year ROIIC % Calculation

MillerKnoll's 10-Year ROIIC % for the quarter that ended in May. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 180.58375 (May. 2023) - 81.58347 (May. 2013) )/( 3614.5 (May. 2023) - 628.9 (May. 2013) )
=99.00028/2985.6
=3.32%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


MillerKnoll  (NAS:MLKN) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


MillerKnoll 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of MillerKnoll's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


MillerKnoll (MillerKnoll) Business Description

Traded in Other Exchanges
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 & Specialty International & Specialty 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.
Executives
Jeffrey M Stutz officer: TreasVPInvst Relatn 855 EAST MAIN, ZEELAND MI 49464
Mike C. Smith director STITCH FIX, INC., ONE MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Michael A Volkema director
Michael R Smith director 18 LOVETON CIRCLE, SPARKS MD 21152
Lisa A Kro director 3700 WELLS FARGO CENTER, 90 SOUTH 7TH STREET, MINNEAPOLIS MN 55402
Megan Lyon other: Chief Strategy Officer 855 EAST MAIN, ZEELAND MI 49464
Andi Owen officer: President & CEO 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Richard Scott other: Chief Mfg and Ops Officer 855 EAST MAIN, ZEELAND MI 49464
Bruce Benedict Watson other: Executive Creative Director 855 EAST MAIN, ZEELAND MI 49464
Kartik Shethia other: President - Intl Contract 855 EAST MAIN AVE, ZEELAND MI 49464
Jeffrey L. Kurburski other: VP Information Tech 855 EAST MAIN, ZEELAND MI 49464
Christopher M Baldwin other: Group President, MillerKnoll C/O KNOLL INC, 1235 WATER STREET, EAST GREENVILLE PA 18041
Jennifer K. Nicol other: Chief People Officer 855 EAST MAIN AVE, ZEELAND MI 49464
John P Michael officer: President, N America Contract 855 EAST MAIN, ZEELAND MI 49464
Debbie F Propst officer: President - HM Consumer 855 EAST MAIN, ZEELAND MI 49464