MillerKnoll Inc (MLKN)

Consumer Cyclical | Furnishings Fixtures Appliances
Income Statement (Quarterly) 2025-08-30 2025-03-01 2024-11-30 2024-08-31
Revenue 955,700,000 876,200,000 970,400,000 861,500,000
Cost of Revenue 587,600,000 543,800,000 593,400,000 525,200,000
Gross Profit 368,100,000 332,400,000 377,000,000 336,300,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 0 388,100,000 289,900,000 298,400,000
Operating Expenses 314,600,000 414,600,000 314,500,000 321,100,000
Operating Income 53,500,000 -82,200,000 62,500,000 15,200,000
Interest Expense 0 19,100,000 20,400,000 19,900,000
Income Before Tax 28,700,000 -100,800,000 44,900,000 -1,700,000
Income Tax Expense 7,600,000 -89,000,000 9,800,000 -1,100,000
Net Income 20,200,000 -12,700,000 34,100,000 -1,200,000
Per Share
EPS 0.29 -0.19 1.44 -0.02
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-05-31 2024-06-01 2023-06-03 2023-05-31 2022-05-28
Revenue 3,669,900,000 3,628,400,000 4,087,100,000 4,087,100,000 3,946,000,000
Cost of Revenue 2,247,300,000 2,208,900,000 2,657,100,000 2,657,100,000 2,593,300,000
Gross Profit 1,422,600,000 1,419,500,000 1,430,000,000 1,430,000,000 1,352,700,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 1,133,500,000 1,112,100,000 1,126,400,000 0 1,204,200,000
Operating Expenses 1,372,100,000 1,252,300,000 1,307,700,000 1,307,700,000 1,137,800,000
Operating Income 50,500,000 167,200,000 122,300,000 122,300,000 199,400,000
Interest Expense 76,700,000 76,200,000 70,900,000 70,900,000 37,800,000
Income Before Tax -21,600,000 99,700,000 51,400,000 51,400,000 -8,600,000
Income Tax Expense 11,600,000 14,700,000 4,500,000 4,500,000 11,100,000
Net Income -36,900,000 82,300,000 42,100,000 42,100,000 -19,700,000
Per Share
EPS -0.53 1.12 0.56 0.62 -0.27
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-05-31 2024-06-01 2024-05-31 2023-06-03
Assets
Cash and Cash Equivalents 193,700,000 230,400,000 230,400,000 223,500,000
Short Term Investments 0 0 0 0
Net Receivables 377,100,000 330,500,000 329,100,000 363,500,000
Inventory 447,500,000 428,600,000 425,000,000 487,400,000
Total Current Assets 1,108,700,000 1,069,600,000 1,064,200,000 1,176,200,000
Property Plant Equipment 907,300,000 867,600,000 856,000,000 952,200,000
Goodwill and Intangibles 1,832,400,000 1,971,100,000 0 2,015,500,000
Total Assets 3,950,200,000 4,043,600,000 4,026,600,000 4,274,800,000
Liabilities
Account Payables 271,300,000 241,400,000 236,000,000 269,500,000
Short Term Debt 88,000,000 110,700,000 110,700,000 110,500,000
Total Current Liabilities 703,800,000 697,700,000 692,300,000 702,800,000
Long Term Debt 1,724,000,000 1,652,100,000 1,291,700,000 1,758,800,000
Total Liabilities 2,615,100,000 2,584,600,000 2,567,600,000 2,734,600,000
Shareholders Equity
Retained Earnings 665,100,000 738,400,000 0 676,100,000
Total Shareholders Equity 1,275,800,000 1,385,100,000 1,384,700,000 1,432,600,000
Balance Sheet (Annual) 2025-05-31 2024-06-01 2024-05-31 2023-06-03 2023-05-31
Assets
Cash and Cash Equivalents 193,700,000 230,400,000 230,400,000 223,500,000 223,500,000
Short Term Investments 0 0 0 0 0
Net Receivables 377,100,000 330,500,000 329,100,000 363,500,000 363,500,000
Inventory 447,500,000 428,600,000 425,000,000 487,400,000 487,400,000
Total Current Assets 1,108,700,000 1,069,600,000 1,064,200,000 1,176,200,000 1,176,200,000
Property Plant Equipment 907,300,000 867,600,000 856,000,000 952,200,000 952,200,000
Goodwill and Intangibles 1,832,400,000 1,971,100,000 0 2,015,500,000 0
Total Assets 3,950,200,000 4,043,600,000 4,026,600,000 4,274,800,000 4,274,800,000
Liabilities
Account Payables 271,300,000 241,400,000 236,000,000 269,500,000 269,500,000
Short Term Debt 88,000,000 110,700,000 110,700,000 110,500,000 110,500,000
Total Current Liabilities 703,800,000 697,700,000 692,300,000 702,800,000 702,800,000
Long Term Debt 1,724,000,000 1,652,100,000 1,291,700,000 1,758,800,000 1,758,800,000
Total Liabilities 2,615,100,000 2,584,600,000 2,567,600,000 2,734,600,000 2,734,600,000
Shareholders Equity
Retained Earnings 665,100,000 738,400,000 0 676,100,000 0
Total Shareholders Equity 1,275,800,000 1,385,100,000 1,384,700,000 1,432,600,000 1,432,600,000
Cash Flow Statement (Quarterly) 2025-05-31 2024-06-01 2023-06-03 2023-05-31
Operating Activities
Net Income 0 82,300,000 46,100,000 0
Depreciation & Amortization 0 155,100,000 115,300,000 0
Stock Based Compensation 0 20,700,000 20,200,000 0
Change in Working Capital -40,600,000 83,400,000 14,600,000 0
Operating Cash Flow 209,300,000 352,300,000 162,900,000 162,900,000
Investing Activities
Capital Expenditure -107,600,000 -78,400,000 -83,300,000 0
Investments 0 -78,400,000 -83,300,000 0
Investing Cash Flow -100,900,000 -86,300,000 -76,500,000 -76,500,000
Financing Activities
Debt Repayment -14,300,000 -68,000,000 -916,200,000 0
Common Stock Issued/Repurchased -78,900,000 -132,300,000 -10,500,000 0
Dividends Paid -51,700,000 -55,600,000 -57,100,000 0
Financing Cash Flow -150,300,000 -258,800,000 -86,800,000 -86,800,000
Summary
Free Cash Flow 101,700,000 273,900,000 79,600,000 162,900,000
Net Change in Cash -36,700,000 6,900,000 -6,800,000 -6,800,000
Cash Flow Statement (Annual) 2025-05-31 2024-06-01 2023-06-03 2023-05-31 2022-05-28
Operating Activities
Net Income 0 82,300,000 46,100,000 0 -19,700,000
Depreciation & Amortization 0 155,100,000 115,300,000 0 190,600,000
Stock Based Compensation 0 20,700,000 20,200,000 0 31,400,000
Change in Working Capital -40,600,000 83,400,000 14,600,000 0 -199,700,000
Operating Cash Flow 209,300,000 352,300,000 162,900,000 162,900,000 -11,900,000
Investing Activities
Capital Expenditure -107,600,000 -78,400,000 -83,300,000 0 -94,700,000
Investments 0 -78,400,000 -83,300,000 0 -94,700,000
Investing Cash Flow -100,900,000 -86,300,000 -76,500,000 -76,500,000 -1,172,400,000
Financing Activities
Debt Repayment -14,300,000 -68,000,000 -916,200,000 0 -915,000,000
Common Stock Issued/Repurchased -78,900,000 -132,300,000 -10,500,000 0 -8,700,000
Dividends Paid -51,700,000 -55,600,000 -57,100,000 0 -54,500,000
Financing Cash Flow -150,300,000 -258,800,000 -86,800,000 -86,800,000 1,039,900,000
Summary
Free Cash Flow 101,700,000 273,900,000 79,600,000 162,900,000 -106,600,000
Net Change in Cash -36,700,000 6,900,000 -6,800,000 -6,800,000 -166,100,000