Stocks · Consumer Cyclical · Furnishings, Fixtures & Appliances

MillerKnoll, Inc. MLKN

$20.24 +0.45% Close, Oct 2, 2026 · NASDAQ · Market cap $1.38B

Strong trendInexpensive vs sector

Next earnings report: Dec 16, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. At 14.4× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
  2. The stock is in an uptrend: above its 200-day average for 70 trading days, with the 50-day average above the 200-day.
  3. Revenue over the last four quarters was $3.81B, up 1.2% from a year earlier, slowing from 4.7% a quarter earlier.

PromtFinance scores

Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth31Weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 38%
  • FCF growth (TTM, YoY)Top 15%
  • Revenue growth, 3-year CAGRBottom 30%
  • Revenue growth accelerationBottom 12%
Quality51Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 43%
  • Gross marginTop 41%
  • Operating marginBottom 47%
  • Cash conversion (OCF / net income)Top 32%
  • Accruals (lower is better)Bottom 30%
  • Net debt / EBITDA (lower is better)Bottom 50%
  • Interest coverTop 38%
Value96Exceptional

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 25%
  • Free-cash-flow yieldTop 18%
  • EBITDA / enterprise valueTop 5%
  • Sales / enterprise valueTop 31%
  • P/E vs own 5-year history (lower is better)Top 8%
Momentum80Strong

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 20%
  • 6-month returnTop 15%
  • 1-year return vs S&P 500Top 27%
  • Distance from 52-week highTop 31%
  • Trend checklist (0–4)Top 34%
Revisions23Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 42%
  • Consecutive EPS beatsBottom 48%
  • Share of analysts rating BuyBottom 6%
Stability48Neutral

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 28%
  • Maximum drawdown, 3 yearsTop 50%
  • Beta vs S&P 500 (lower is better)Bottom 24%
  • Net debt / EBITDA (lower is better)Bottom 50%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)4.7%1.2%↓
Gross margin38.6%39.6%↑
Operating margin2.8%5.5%↑
FCF margin2.2%4.6%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)1.2%4.7%↓Bottom 38%
Gross margin39.6%38.6%↑Top 41%
Operating margin5.5%2.8%↑Bottom 47%
Net margin2.6%-0.4%↑—
Free-cash-flow margin4.6%2.2%↑—
Return on invested capital4.7%—Bottom 43%
Revenue growth, 3-year CAGR-2.0%—Bottom 30%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
2.45×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-3.5%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.8%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-6.9 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
2.91×
Interest cover (operating income / interest)How many times operating profit covers interest.
6.2×

Shareholder returns

Dividend yield (dividends paid, TTM)
3.71%
Net buyback yield (TTM)
-0.40%
Shareholder yield
3.31%
Share count change, 1 year
+1.2%
Share count change, 3-year CAGR
-2.6%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Aug 29, 2026 (filed Sep 28, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
2
Beats in the last 8 reports
6 of 8
Average EPS surprise, last 4
+14.3%
Average 2-day reaction, last 8
+0.4%
Positive 20 days after report
3 of 7

Analysts

Analysts with a rating
6
Share rating Buy or Strong Buy
17%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Sep 22, 2026+50.0%-0.1%-0.2%——
Jun 24, 2026+5.8%+7.3%+27.4%+36.4%+31.7%
Mar 25, 2026-4.4%+1.3%-24.3%-8.9%-13.7%
Dec 17, 2025+5.7%+5.0%+8.1%+16.8%+14.1%
Sep 23, 2025+31.1%-4.4%-10.5%-15.5%-16.1%
Jun 25, 2025+71.4%-0.6%+16.5%+12.9%+15.3%
Mar 26, 2025+0.0%-1.5%+3.2%-13.8%-9.1%
Dec 18, 2024+3.8%-3.8%-12.9%-13.6%-24.7%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Sep 22, 2026$0.53$0.35+50.0%$923.4M
Jun 24, 2026$0.55$0.52+5.8%$1.00B
Mar 25, 2026$0.43$0.45-4.4%$926.6M
Dec 17, 2025$0.43$0.41+5.7%$955.2M
Sep 23, 2025$0.45$0.34+31.1%$955.7M
Jun 25, 2025$0.60$0.35+71.4%$961.8M
Mar 26, 2025$0.44$0.44+0.0%$876.2M
Dec 18, 2024$0.55$0.53+3.8%$970.4M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)14.4×27.1×0thTop 25%
P/E (forward)10.0×———
EV / EBITDA5.3×——Top 5%
EV / Sales0.79×——Top 31%
Free-cash-flow yield12.82%——Top 18%
Earnings yield6.97%——Top 25%

P/E over the past five years

Range 14.4× – 100.6× since Aug 28, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
70
50-day average slope (20 days)
-0.1%
200-day average slope (20 days)
+2.8%
Distance from 50-day average
-9.0%
Distance from 200-day average
+5.5%
RSI (14)
40.5
Relative volume
0.77×

Risk and drawdowns

Volatility, 60 days (annualized)
33.3%
Volatility vs own 5-year history
15th percentile · Low for this stock
Beta vs S&P 500 (2 years, weekly)
1.39
Correlation with S&P 500
0.46
Current drawdown from 1-year high
-17.4%
Maximum drawdown, 3 years
-55.3%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jun 7, 2021Jun 1, 2023-73.3%500 daysNot yet recovered
Dec 16, 2020Dec 29, 2020-18.6%8 days46 days (Mar 8, 2021)
Oct 23, 2020Oct 30, 2020-12.5%5 days6 days (Nov 9, 2020)
Apr 14, 2021Apr 22, 2021-10.9%6 days12 days (May 10, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$1.38B
P/E (TTM)
14.4
EPS, diluted (TTM)
$1.41
Revenue (TTM)
$3.81B
Dividend yield
3.71%
52-week range
$13.77 – $24.71
FY 2022FY 2023FY 2024FY 2025FY 2026
Revenue$3.95B$4.09B$3.63B$3.67B$3.84B
Gross profit$1.35B$1.43B$1.42B$1.42B$1.49B
Operating income$147.7M$215.9M$214.8M$223.6M$214.4M
Net income-$27.1M$42.1M$82.3M-$36.9M$91.5M
EPS (diluted)-$0.37$0.55$1.11-$0.53$1.32
Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026Q4 2026Q1 2027
Revenue$970.4M$876.2M$961.8M$955.7M$955.2M$926.6M$1.00B$923.4M
Net income$34.1M-$12.7M-$57.1M$20.2M$24.2M$23.5M$23.6M$26.6M
EPS (diluted)$0.49-$0.19-$0.84$0.29$0.35$0.34$0.34$0.38
FY 2022FY 2023FY 2024FY 2025FY 2026
Operating cash flow-$11.9M$162.9M$352.3M$209.3M$199.9M
Capital expenditure-$94.7M-$83.3M-$78.4M-$107.6M-$122.3M
Free cash flow-$106.6M$79.6M$273.9M$101.7M$77.6M
Dividends paid-$54.5M-$57.1M-$55.6M-$51.7M-$51.1M
Net share buybacks-$8.7M-$10.5M-$132.3M-$78.9M-$11.8M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$178.6M
Total assets
$4.00B
Total liabilities
$2.58B
Total debt
$1.82B
Net debt
$1.64B
Shareholders’ equity
$1.36B

As of Aug 29, 2026 (filed Sep 28, 2026).

Dividends

Ex-dateAmountPaid
Aug 28, 2026$0.19Oct 15, 2026
May 29, 2026$0.19Jul 15, 2026
Feb 27, 2026$0.19Apr 15, 2026
Nov 28, 2025$0.19Jan 15, 2026
Aug 29, 2025$0.19Oct 15, 2025
May 30, 2025$0.19Jul 15, 2025
Feb 28, 2025$0.19Apr 15, 2025
Nov 29, 2024$0.19Jan 15, 2025

Short interest

Shares sold short
3,882,786
Days to cover
7.02
Change vs previous report
-2.8%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Mar 17, 1998
2-for-1
Apr 16, 1997
2-for-1
Sep 3, 1985
3-for-2
Aug 17, 1983
2-for-1
Nov 2, 1981
2-for-1