Valuation, 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 $3.81B and net income of $97.90M for the fiscal year ended 2026-08-29. This page shows 1 annual period 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 |
|---|---|
| Revenue | $3.81B |
| Cost of revenue | $2.30B |
| Gross profit | $1.51B |
| Operating income | $196.60M |
| Net income | $97.90M |
| Research & development | $105.00M |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $134.70M |
| Income tax expense | $32.40M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $1.19B |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-08-29 |
|---|---|
| Cash & equivalents | $178.60M |
| Total assets | $4.00B |
| Current assets | $1.14B |
| Total liabilities | $2.58B |
| Current liabilities | $692.30M |
| Total equity incl. NCI | $1.36B |
| Temporary (mezzanine) equity | $63.80M |
| Inventory | $514.70M |
| Accounts receivable | $314.30M |
| Goodwill | $1.16B |
| Long-term debt | $1.27B |
| Accounts payable | $253.50M |
Cash flow
| Metric | 2026-08-29 |
|---|---|
| Operating cash flow | $239.60M |
| Capital expenditures | $124.10M |
| Investing cash flow | -$117.20M |
| Financing cash flow | -$112.60M |
| Net change in cash | $11.40M |
| Stock-based compensation | $24.80M |
| Common dividends paid | $51.20M |
| Common share repurchases | Unavailable |
| Depreciation & amortization | $147.40M |
Derived
| Metric | 2026-08-29 |
|---|---|
| Free cash flow | $115.50M |
| Gross margin | 39.5% |
| Operating margin | 5.2% |
| FCF margin | 3.0% |
| SBC / revenue | 0.7% |
| Current ratio | 1.65x |
| Revenue YoY growth | 1.2% |
| Net margin | 2.6% |
| R&D / revenue | 2.8% |
| CapEx / revenue | 3.3% |
| Long-term debt / equity | 0.94x |
| Effective tax rate | 24.1% |
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
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.