HNI Corporation
Cash Flow Statement
| Line Item | FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $54.2M | $139.5M | $49.2M | $123.9M | $41.9M | $110.5M | $93.4M | $89.8M |
| Depreciation & Amortization | $107.1M | $107.8M | $94.9M | $84.2M | $77.7M | $77.4M | $74.8M | $72.9M |
| Depreciation | $76.2M | $76.9M | $64.7M | $53.3M | $53.4M | $53.0M | $51.1M | $56.5M |
| Amortization | $12.2M | $10.5M | $8.5M | $6.5M | $5.0M | $6.3M | $6.6M | $7.0M |
| Stock-Based Compensation | $24.7M | $17.4M | $16.5M | $9.0M | $7.8M | $6.8M | $7.3M | $7.8M |
| Net Cash from Operating Activities | $276.3M | $226.7M | $267.5M | $81.2M | $214.5M | $219.4M | $186.4M | $133.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $67.8M | $52.9M | $79.1M | $68.4M | $41.8M | $66.9M | $63.7M | $109.2M |
| Business Acquisitions | $390.3M | $0 | $369.7M | $11.4M | $58.3M | $0 | $2.9M | $898.0K |
| Net Cash from Investing Activities | $-443.9M | $-51.0M | $-444.8M | $-10.7M | $-100.4M | $-62.9M | $-41.2M | $-118.0M |
| Financing Activities | ||||||||
| Dividends Paid | $63.1M | $63.6M | $58.5M | $53.2M | $52.1M | $52.2M | $51.1M | $49.6M |
| Stock Repurchases | $83.6M | $65.8M | $300.0K | $65.2M | $6.8M | $83.9M | $30.5M | $57.5M |
| Net Cash from Financing Activities | $363.1M | $-182.2M | $188.8M | $-105.4M | $-50.1M | $-181.2M | $-91.7M | $-28.1M |
| Net Change in Cash | $195.4M | $-6.4M | $11.5M | $-34.8M | $64.0M | $-24.7M | $53.5M | $-13.0M |
| Free Cash Flow | $208.5M | $173.8M | $188.4M | $12.8M | $172.7M | $152.5M | $122.7M | $23.9M |