HNI Corp (HNI) — Tangible Net Worth Ratio

Latest as of March 2026: 44.4%

HNI Corp (HNI) has a Tangible Net Worth Ratio of 44.4% as of March 2026. This metric is calculated by deducting intangible assets ($985.30 Million) from net assets ($1.77 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is HNI Corp's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

44.4%
Tangible equity / total equity

Net Assets (Equity)

$1.77 Billion
USD

Intangible Assets

$985.30 Million
Goodwill, patents, brand value

Total Assets

$4.77 Billion
USD

HNI Corp Tangible Net Worth Ratio (1985–2025)

This chart shows how HNI Corp's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 44.4%, reflecting net assets of $1.77 Billion with intangible assets of $985.30 Million USD. See HNI defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for HNI Corp (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for HNI Corp from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see HNI Corp market cap and net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 7.2% $1.84 Billion $1.70 Billion $4.88 Billion ▼ -71.1 pp
2024 78.3% $840.40 Million $182.20 Million $1.88 Billion ▲ +6.0 pp
2023 72.3% $761.70 Million $210.90 Million $1.93 Billion ▼ -6.0 pp
2022 78.3% $616.80 Million $133.90 Million $1.41 Billion ▲ +7.8 pp
2021 70.5% $590.00 Million $174.10 Million $1.50 Billion ▼ -1.3 pp
2020 71.8% $590.75 Million $166.46 Million $1.42 Billion ▲ +1.7 pp
2019 70.1% $584.37 Million $174.89 Million $1.45 Billion ▲ +4.2 pp
2018 65.8% $563.26 Million $192.50 Million $1.40 Billion ▲ +6.9 pp
2017 58.9% $514.58 Million $211.39 Million $1.39 Billion ▼ -4.6 pp
2016 63.5% $501.01 Million $182.67 Million $1.33 Billion ▼ -4.4 pp
2015 67.9% $477.30 Million $153.06 Million $1.26 Billion ▲ +2.0 pp
2014 65.9% $414.50 Million $141.21 Million $1.24 Billion ▼ -12.4 pp
2013 78.3% $436.42 Million $94.64 Million $1.13 Billion ▼ -1.0 pp
2012 79.3% $420.66 Million $86.87 Million $1.08 Billion ▼ -6.2 pp
2011 85.6% $419.32 Million $60.52 Million $1.05 Billion ▼ -1.8 pp
2010 87.4% $408.46 Million $51.55 Million $997.88 Million ▲ +3.3 pp
2009 84.1% $419.62 Million $66.77 Million $994.33 Million ▲ +14.2 pp
2008 69.9% $448.99 Million $134.99 Million $1.17 Billion ▼ -13.9 pp
2007 83.8% $458.91 Million $74.27 Million $1.21 Billion ▲ +0.4 pp
2006 83.4% $496.42 Million $82.48 Million $1.23 Billion ▼ -7.0 pp
2005 90.4% $594.08 Million $56.93 Million $1.14 Billion ▼ -1.9 pp
2004 92.3% $669.16 Million $51.74 Million $1.02 Billion ▲ +19.3 pp
2003 72.9% $709.89 Million $192.09 Million $1.02 Billion ▲ +2.7 pp
2002 70.3% $646.89 Million $192.40 Million $1.02 Billion ▲ +6.4 pp
2001 63.8% $592.68 Million $214.34 Million $961.89 Million ▲ +1.6 pp
2000 62.3% $573.34 Million $216.37 Million $1.02 Billion ▼ -15.2 pp
1999 77.4% $501.30 Million $113.10 Million $906.70 Million ▲ +0.9 pp
1998 76.5% $462.00 Million $108.60 Million $864.50 Million ▲ +2.4 pp
1997 74.1% $381.70 Million $98.70 Million $754.70 Million ▼ -5.6 pp
1996 79.7% $252.50 Million $51.20 Million $513.50 Million ▼ -20.3 pp
1995 100.0% $216.20 Million $0.00 $409.50 Million ▲ +0.0 pp
1994 100.0% $194.60 Million $0.00 $372.60 Million ▲ +0.0 pp
1993 100.0% $179.60 Million $0.00 $352.40 Million ▲ +0.0 pp
1992 100.0% $163.00 Million $0.00 $322.70 Million ▲ +0.0 pp
1991 100.0% $149.60 Million $0.00 $280.90 Million ▲ +0.0 pp
1990 100.0% $131.60 Million $0.00 $277.00 Million ▲ +0.0 pp
1989 100.0% $128.20 Million $0.00 $284.30 Million ▲ +0.0 pp
1988 100.0% $147.50 Million $0.00 $275.90 Million ▲ +0.0 pp
1987 100.0% $126.40 Million $0.00 $248.10 Million ▲ +0.0 pp
1986 100.0% $136.30 Million $0.00 $256.30 Million ▲ +0.0 pp
1985 100.0% $120.80 Million $0.00 $236.70 Million
pp = percentage points