Revenue
$923.40M
Fiscal year ended 2026-08-29Operating income
$51.80M
Fiscal year ended 2026-08-29Free cash flow
$16.60M
Fiscal year ended 2026-08-29Valuation, from the filing
| Public float | $1.10B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-11-29 |
|---|---|---|
| Float per share | $16.15 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 12.0× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 0.3× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 0.8× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-11-29, not today, and each multiple below it uses the figures for the fiscal year ending 2026-05-30 — the year that filing covered.
Valuation over time
12.0× earnings today, against a median of 15.6× across 7 years on record. Below its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-11-29 | $1.10B | 12.0× | |
| 2023-12-01 | $1.90B | 23.1× | |
| 2022-12-03 | $1.50B | 35.6× | |
| 2020-11-27 | $2.20B | 12.6× | |
| 2018-12-01 | $1.97B | 12.3× | |
| 2017-12-02 | $2.04B | 15.9× | |
| 2016-12-03 | $1.93B | 15.6× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
MILLERKNOLL, INC. (MLKN) reported revenue of $923.40M and net income of $26.60M for the fiscal year ended 2026-08-29. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from MILLERKNOLL, INC.’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2026-08-29 | 2026-05-30 | 2026-02-28 | 2025-11-29 | 2025-08-30 | 2025-05-31 | 2025-03-01 | 2024-11-30 | 2024-08-31 | 2024-06-01 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $923.40M | $1.00B | $926.60M | $955.20M | $955.70M | $961.80M | $876.20M | $970.40M | $861.50M | $888.90M |
| Cost of revenue | $538.10M | $608.60M | $573.70M | $583.00M | $587.60M | $584.90M | $543.80M | $593.40M | $525.20M | $536.50M |
| Gross profit | $385.30M | $395.60M | $352.90M | $372.20M | $368.10M | $376.90M | $332.40M | $377.00M | $336.30M | $352.40M |
| Operating income | $51.80M | $51.40M | $44.90M | $48.50M | $53.50M | $55.00M | -$82.20M | $62.50M | $15.20M | $23.70M |
| Net income | $26.60M | $23.60M | $23.50M | $24.20M | $20.20M | -$57.10M | -$12.70M | $34.10M | -$1.20M | $9.90M |
| Research & development | $25.00M | $35.40M | $20.60M | $24.00M | $20.30M | $24.20M | $22.30M | $24.60M | $22.70M | $26.90M |
| Weighted-average diluted shares | shares 70.04M | Unavailable | shares 69.13M | shares 68.91M | shares 69.19M | Unavailable | shares 68.35M | shares 70.03M | shares 70.21M | Unavailable |
| Pretax income | $35.20M | $37.80M | $29.20M | $32.50M | $28.70M | $35.70M | -$100.80M | $44.90M | -$1.70M | $6.80M |
| Income tax expense | $7.60M | $11.90M | $5.60M | $7.30M | $7.60M | $91.90M | -$89.00M | $9.80M | -$1.10M | -$4.30M |
| Diluted EPS | $0.38 | Unavailable | $0.34 | $0.35 | $0.29 | Unavailable | $-0.19 | $0.49 | $-0.02 | Unavailable |
| Selling, general & administrative | $302.50M | $300.70M | $285.50M | $298.30M | $293.80M | $287.10M | $258.10M | $289.90M | $298.40M | $262.90M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-08-29 | 2026-05-30 | 2026-02-28 | 2025-11-29 | 2025-08-30 | 2025-05-31 | 2025-03-01 | 2024-11-30 | 2024-08-31 | 2024-06-01 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $178.60M | $167.70M | $174.60M | $180.40M | $167.20M | $193.70M | Unavailable | Unavailable | Unavailable | Unavailable |
| Total assets | $4.00B | $4.00B | $3.95B | $3.95B | $3.94B | $3.95B | $3.90B | $4.04B | $4.02B | $4.04B |
| Current assets | $1.14B | $1.14B | $1.12B | $1.12B | $1.09B | $1.11B | $1.14B | $1.13B | $1.07B | $1.07B |
| Total liabilities | $2.58B | $2.59B | $2.55B | $2.58B | $2.58B | $2.62B | $2.57B | $2.65B | $2.61B | $2.58B |
| Current liabilities | $692.30M | $721.10M | $682.10M | $671.70M | $652.00M | $703.80M | $683.10M | $703.70M | $675.70M | $697.70M |
| Total equity incl. NCI | $1.36B | $1.34B | $1.34B | $1.30B | $1.30B | $1.28B | $1.25B | $1.31B | $1.33B | $1.39B |
| Temporary (mezzanine) equity | $63.80M | $63.30M | $62.80M | $63.10M | $62.90M | $59.30M | $68.40M | $73.40M | $76.60M | $73.90M |
| Inventory | $514.70M | $488.40M | $491.80M | $477.80M | $465.80M | $447.50M | $425.50M | $430.60M | $440.50M | $428.60M |
| Accounts receivable | $314.30M | $357.40M | $320.40M | $325.30M | $332.10M | $350.20M | $321.70M | $327.80M | $277.30M | $308.30M |
| Goodwill | $1.16B | $1.16B | $1.17B | $1.16B | $1.16B | $1.15B | $1.12B | $1.22B | $1.23B | $1.23B |
| Long-term debt | $1.27B | $1.26B | $1.28B | $1.32B | $1.33B | $1.31B | $1.28B | $1.34B | $1.32B | $1.29B |
| Accounts payable | $253.50M | $279.10M | $264.10M | $257.10M | $253.60M | $271.30M | $238.10M | $244.70M | $236.10M | $241.40M |
Cash flow
| Metric | 2026-08-29 | 2026-05-30 | 2026-02-28 | 2025-11-29 | 2025-08-30 | 2025-05-31 | 2025-03-01 | 2024-11-30 | 2024-08-31 | 2024-06-01 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $49.10M | $64.80M | $61.10M | $64.60M | $9.40M | $70.90M | $62.00M | $55.30M | $21.10M | $78.40M |
| Capital expenditures | $32.50M | $38.90M | $22.10M | $30.60M | $30.70M | $39.50M | $23.20M | $22.30M | $22.60M | $21.90M |
| Investing cash flow | -$32.10M | -$37.80M | -$17.50M | -$29.80M | -$30.50M | -$40.60M | -$15.50M | -$22.50M | -$22.30M | -$25.30M |
| Financing cash flow | -$4.80M | -$33.20M | -$55.20M | -$19.40M | -$9.20M | -$22.70M | -$93.70M | -$13.60M | -$20.30M | -$45.70M |
| Net change in cash | $10.90M | -$6.90M | -$5.80M | $13.20M | -$26.50M | $23.90M | -$51.30M | $11.40M | -$20.70M | $6.80M |
| Stock-based compensation | $8.10M | $5.00M | $5.90M | $5.80M | $9.30M | $7.80M | $6.10M | $8.80M | $9.10M | $3.60M |
| Common dividends paid | $12.80M | $12.80M | $12.70M | $12.90M | $12.70M | $12.70M | $12.80M | $13.00M | $13.20M | $13.40M |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $100.00K | $17.90M | $23.20M | $43.70M | $37.20M |
| Depreciation & amortization | $34.50M | $38.20M | $38.10M | $36.60M | $35.40M | $35.90M | $34.30M | $35.70M | $34.60M | $43.50M |
Derived
| Metric | 2026-08-29 | 2026-05-30 | 2026-02-28 | 2025-11-29 | 2025-08-30 | 2025-05-31 | 2025-03-01 | 2024-11-30 | 2024-08-31 | 2024-06-01 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $16.60M | $25.90M | $39.00M | $34.00M | -$21.30M | $31.40M | $38.80M | $33.00M | -$1.50M | $56.50M |
| Gross margin | 41.7% | 39.4% | 38.1% | 39.0% | 38.5% | 39.2% | 37.9% | 38.8% | 39.0% | 39.6% |
| Operating margin | 5.6% | 5.1% | 4.8% | 5.1% | 5.6% | 5.7% | -9.4% | 6.4% | 1.8% | 2.7% |
| FCF margin | 1.8% | 2.6% | 4.2% | 3.6% | -2.2% | 3.3% | 4.4% | 3.4% | -0.2% | 6.4% |
| SBC / revenue | 0.9% | 0.5% | 0.6% | 0.6% | 1.0% | 0.8% | 0.7% | 0.9% | 1.1% | 0.4% |
| Current ratio | 1.65x | 1.58x | 1.64x | 1.67x | 1.67x | 1.58x | 1.67x | 1.60x | 1.59x | 1.53x |
| Revenue YoY growth | -3.4% | 4.4% | 5.8% | -1.6% | 10.9% | 8.2% | 0.4% | 2.2% | -6.1% | -7.1% |
| Net margin | 2.9% | 2.4% | 2.5% | Unavailable | 2.1% | -5.9% | -1.4% | Unavailable | Unavailable | 1.1% |
| R&D / revenue | 2.7% | 3.5% | 2.2% | 2.5% | 2.1% | 2.5% | 2.5% | 2.5% | 2.6% | 3.0% |
| CapEx / revenue | 3.5% | 3.9% | 2.4% | 3.2% | 3.2% | 4.1% | 2.6% | 2.3% | 2.6% | 2.5% |
| Long-term debt / equity | 0.94x | 0.94x | 0.96x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 21.6% | 31.5% | 19.2% | 22.5% | 26.5% | 257.4% | Unavailable | 21.8% | Unavailable | -63.2% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MLKN in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-09-28View SEC filing
10-K · Filed 2026-07-20View SEC filing
10-Q · Filed 2026-03-30View SEC filing
10-Q · Filed 2026-01-05View SEC filing
10-Q · Filed 2025-09-29View SEC filing
10-K · Filed 2025-07-21View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.