MLKN

BuySecond WindAI neutral

MillerKnoll, Inc. · Consumer Cyclical · United States · $1.5B cap · $13.8M/day traded

$21.07 -0.3% · close 26 Oct · scored 27 Oct

StockRank down 1.2 since 24 Oct.

Second Wind: Cheap and rising again, but the business does not yet earn the optimism.

75
StockRank
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Quality
50
Value
59
Momentum
62

As of 27 Oct 2026, MoatMap's StockRank for MillerKnoll, Inc. (MLKN) is 75/100, ranked against 24,000+ stocks in 35 markets (Quality 50, Value 59, Momentum 62, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
15.0x
peers 19.9x
ROE
7.3%
peers 8.5%
D/E
1.3x
peers 0.9x
Dividend %
3.5%
trailing yield
AI CONVICTION THESIS

MillerKnoll makes premium office and home furniture under brands such as Herman Miller and Knoll. Recent orders rebounded and margins expanded, but the company trimmed its fiscal 2027 guidance. Demand depends on corporate office spending and housing activity, both cyclical, and the business carries meaningful debt. Brand strength is real, but the evidence does not show a durable growth inflection.

ABOUT MILLERKNOLL, INC.

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MillerKnoll, Inc. designs, manufactures, and distributes iconic modern furniture, accessories, and interior furnishings for workspace and residential environments globally. The company leverages a portfolio of premium brands like Herman Miller and Knoll, offering unparalleled design leadership and quality that command a loyal customer base in the high-end contract furniture market. MillerKnoll holds a significant market-leading position through its integrated offerings and global distribution network, targeting discerning architects, designers, and corporate clients.

FINANCIAL SUMMARY (USD)

Year20222023202420252026CAGRTTM2027E2028EFwd CAGR
Revenue3.9B4.1B3.6B3.7B3.8B-0.7%3.8B3.9B4.1B3.2%
EPS-0.360.561.12-0.541.3333.4%1.411.441.6310.5%
Shares75.8M75.7M70.4M67.8M68.2M-10.1%68.8M———
Debt1.9B1.9B1.8B1.8B1.8B-1.1%1.8B———
Equity1.4B1.4B1.4B1.3B1.3B-1.5%————
Op CF-11.9M162.9M352.3M209.3M199.9M7.1%239.6M———
Inv CF-1.2B-76.5M-86.3M-100.9M-115.6M—————
Fin CF1.0B-86.8M-258.8M-150.3M-117.0M—————
Loading 1Y...
PRICE (1Y) · USD+0.6%
19.720.220.721.221.715 Sep6 Oct26 Oct
SMA 50SMA 200

Price checkIn an uptrendExperimental

Above its 200-day average and 14% below its 52-week high.

SwingsBumpy

Swung more than 59% of stocks we rank over the past year (47% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$21.07
RSI (14)
52.9
52-Week Range-14.0% from high
Low $13.22High $24.51

SCORE BREAKDOWN

Quality
50
ROIC (ROA)
3.4%*23.8
ROE
7.3%46.5
GP/Assets
38.2%67.9
Op. Margin
6.3%50.4
FCF/Assets
2.6%38.3
Piotroski
776.0
Int. Cover
—90.0
D/E Ratio
1.28x18.1
Current Ratio
1.65x54.4
Value
59
P/E (TTM)
15.0x56.5
EV/EBITDA
8.8x56.9
P/FCF
14.3x49.6
P/B
1.1x64.5
P/S
0.4x77.9
Div Yield
3.5%62.0
Momentum
62
52W High %
86%73.5
RS 6M
18%83.6
SMA 50/200
1.12x85.9
EPS Rev 4W
-3.9%8.2
EPS Rev 12W
-4.4%18.3
EPS Improve
+61%59.6
Q Growth
32%62.7

FUNDAMENTALS

Market Cap
$1.5B
P/E (Forward)
9.3x
Gross Margin
39.6%

SECTOR PEERS

Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of MLKN are excluded.

TickerCompanyMkt CapStockRankSignal
MLKNMillerKnoll, Inc.(you)$1.5B75Buy
TILEInterface, Inc.$2.1B88Strong Buy
LZBLa-Z-Boy Incorporated$1.2B57Hold
ETDEthan Allen Interiors Inc.$515M84Strong Buy
HNIHNI Corporation$3.4B51Hold
MHKMohawk Industries, Inc.$8.4B80Strong Buy
BSETBassett Furniture Industries, Incorporated$191M72Buy
HBBHamilton Beach Brands Holding Company$446M96Strong Buy
ALHAlliance Laundry Holdings Inc.$4.2B51Hold
LOVEThe Lovesac Company$223M65Buy

Peer medians: ROE 8.5% · P/E 19.9x · Gross margin 37.3%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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MillerKnoll, Inc. (MLKN): Stock Score Summary

MillerKnoll, Inc. (MLKN) has a MoatMap StockRank of 75/100 based on Quality (50/100), Value (59/100), and Momentum (62/100) factor scores. The current signal is BUY. MillerKnoll makes premium office and home furniture under brands such as Herman Miller and Knoll. Recent orders rebounded and margins expanded, but the company trimmed its fiscal 2027 guidance. Demand depends on corporate office spending and housing activity, both cyclical, and the business carries meaningful debt. Brand strength is real, but the evidence does not show a durable growth inflection.

MillerKnoll, Inc. designs, manufactures, and distributes iconic modern furniture, accessories, and interior furnishings for workspace and residential environments globally. The company leverages a portfolio of premium brands like Herman Miller and Knoll, offering unparalleled design leadership and quality that command a loyal customer base in the high-end contract furniture market. MillerKnoll holds a significant market-leading position through its integrated offerings and global distribution network, targeting discerning architects, designers, and corporate clients.

Key Financial Metrics

Price$21.07
Market Cap$1.5B
P/E (TTM)14.99
P/E (Forward)9.30
Price/Book1.07
Return on Equity7.3%
Debt/Equity1.28x
Gross Margin39.6%
Operating Margin6.3%
Revenue Growth-3.4%
Dividend Yield3.5%
Free Cash Flow$102M

MillerKnoll, Inc. operates in the Furnishings, Fixtures & Appliances industry, part of the Consumer Cyclical sector (United States).

Frequently Asked Questions

What is MillerKnoll, Inc.’s (MLKN) StockRank?
MoatMap’s StockRank for MillerKnoll, Inc. (MLKN) is 75/100, with a Buy signal. It is a composite of Quality (50), Value (59), and Momentum (62), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does MillerKnoll, Inc. have an economic moat?
MillerKnoll, Inc. (MLKN) has a Quality factor score of 50/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is MillerKnoll, Inc. a buy, hold, or sell?
MoatMap’s current signal for MillerKnoll, Inc. (MLKN) is Buy, based on a StockRank of 75/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is MillerKnoll, Inc. in?
MillerKnoll, Inc. (MLKN) operates in the Consumer Cyclical sector, specifically the Furnishings, Fixtures & Appliances industry (United States).