Stocktoria

MILLERKNOLL, INC. MLKN

Nasdaq · stock · Office Furniture · website · IPO 1970-09-25 · LEI

MILLERKNOLL, INC. statistics & valuation

Market cap$1.4B
P / E14.9×
P / S0.4×
P / B1.0×
P / FCF17.6×
Dividend yield3.74%
Net margin2.4%
Return on equity6.8%
FCF margin2.0%
Return on capital6%
Graham number -0.2%$23.98

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($23.98); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
5.40% 5.40% 6.30% -0.30% 7.10% -0.70% 1.00% 2.30% -1.00% 2.40% 2017201820192020202120222023202420252026
Gross margin (%)
37.90% 36.70% 36.20% 36.60% 38.60% 34.30% 35.00% 39.10% 38.80% 38.80% 2017201820192020202120222023202420252026
Operating margin (%)
8.40% 7.50% 7.90% -1.50% 9.40% 1.00% 3.00% 4.60% 1.40% 5.20% 2017201820192020202120222023202420252026
Return on equity (%)
21.10% 19.30% 22.30% -1.30% 20.30% -1.90% 2.90% 5.90% -2.90% 6.80% 2017201820192020202120222023202420252026
Shares outstanding
60.6M 60.3M 59.4M 58.9M 59.4M 75.8M 76.0M 74.0M 69.0M 69.3M 2017201820192020202120222023202420252026
Net debt ($)
$103.7M $71.1M $122.7M $85.9M -$121.5M $1.15B $1.37B 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
9.50% 8.70% 10.20% -0.40% 8.40% -0.60% 1.00% 2.00% -0.90% 2.30% 2017201820192020202120222023202420252026
Free cash flow margin (%)
5.00% 4.00% 5.10% 6.10% 11.10% -2.70% 1.90% 7.50% 2.80% 2.00% 2017201820192020202120222023202420252026
Debt / equity (×)
0.34× 0.41× 0.39× 0.83× 0.32× 0.97× 0.95× 2017201820192020202120222023202420252026
EPS ($)
$2.05 $2.12 $2.70 -$0.15 $2.94 -$0.37 $0.55 $1.11 -$0.54 $1.32 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

MILLERKNOLL, INC. trades at about 18.2× earnings — near its 10-year norm (10-year range 13.2×–26.9×, median 16.6×).

13.2× 26.9×

Shaded band = 10-year range (13.2×–26.9×); dot = today's 18.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin38.8%38.8%39.1%35.0%34.3%38.6%36.6%36.2%36.7%37.9%
Operating margin5.2%1.4%4.6%3.0%1.0%9.4%-1.5%7.9%7.5%8.4%
Net margin2.4%-1.0%2.3%1.0%-0.7%7.1%-0.3%6.3%5.4%5.4%
FCF margin2.0%2.8%7.5%1.9%-2.7%11.1%6.1%5.1%4.0%5.0%
Return on assets2.3%-0.9%2.0%1.0%-0.6%8.4%-0.4%10.2%8.7%9.5%
Return on equity6.8%-2.9%5.9%2.9%-1.9%20.3%-1.3%22.3%19.3%21.1%
Debt / equity———0.95×0.97×0.32×0.83×0.39×0.41×0.34×
Current ratio1.581.581.531.671.501.901.951.481.561.28

Computed from company filings · US · as of 2025-05-31. Facts plus Stocktoria's own computed scores — not investment advice.