What is the Return on Assets (ROA) of MillerKnoll this year?
The Return on Assets (ROA) of MillerKnoll is 0.02 undefined this year.
MillerKnoll ROA 2024
MillerKnoll ROA
0.02
Ticker
MLKN
ISIN
US6005441000
WKN
863205
In 2024, MillerKnoll's return on assets (ROA) was 0.02, a -439.02% increase from the -0.01 ROA in the previous year.
MillerKnoll Aktienanalyse
What does MillerKnoll do?
Herman Miller Inc is an American furniture manufacturer based in Michigan that specializes in high-quality design, innovation, and sustainability. It has a long and proud history dating back to 1905, producing furniture that prioritizes style, comfort, and user-friendliness. The company was founded by D.J. De Pree as the Star Furniture Company and was later renamed after his daughter-in-law, Herman Miller. Herman Miller has been a pioneer in the furniture industry and has always emphasized design and dedicated working conditions for its employees. Herman Miller Inc operates on a business model based on manufacturing internationally recognized and award-winning furniture for office and home use. Their office furniture offerings include tables, cabinets, office chairs, side tables, shelves, and more. The company also designs and produces furniture for residential use, including sofas, armchairs, chairs, tables, lamps, and many other products. These products are known and valued as status symbols and exclusive furnishings in various countries. Herman Miller is particularly known for its ergonomics, high quality, and complementary designs. The company was honored with the World Sustainable Organizations Award in 2010 and 2011, highlighting its commitment to sustainability. The company's portfolio also includes brands such as Geiger, Maharam, Nemschoff, and Design Within Reach. Geiger combines design with the strength of America's renowned wood. Maharam offers textiles with exceptional colors and patterns to set new visual standards. Nemschoff specializes in providing purposeful design options for healthcare settings. Design Within Reach allows customers to create a dynamic environment by combining furniture, lighting, and accessories. With its design, Herman Miller has long been recognized and has been an indispensable part of many legendary offices, such as the fiftieth floor of the Time-Life Building in New York or the Eames House in Los Angeles. Their products also contribute to their distinct recognition value, such as the legendary Eames Lounge Chair, Noguchi Coffee Table, or Bubble Desk Clock. Another important aspect of the company is sustainability and environmental consciousness. Herman Miller, for example, sources 100% of the electricity used in its factories from renewable energy sources. They are a leading company in eco-design and sustainability, designing and manufacturing their products in an environmentally conscious and sustainable manner. In summary, Herman Miller Inc is a company with a long history and tradition in the production of high-quality, innovative, and sustainable furniture and design goods. MillerKnoll ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding MillerKnoll's Return on Assets (ROA)
MillerKnoll's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing MillerKnoll's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider MillerKnoll's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in MillerKnoll’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about MillerKnoll stock
What was the ROA of MillerKnoll compared to the previous year?
The ROA of MillerKnoll has increased by -439.02% compared to the previous year.
What consequences do high ROA have for investors of MillerKnoll?
A high ROA is advantageous for investors of MillerKnoll, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in MillerKnoll?
A low ROA can be unfavorable for investors of MillerKnoll as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of MillerKnoll affect the company?
An increase in ROA of MillerKnoll can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of MillerKnoll impact the company?
A reduction in the ROA of MillerKnoll can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of MillerKnoll?
Some factors that can influence the ROA of MillerKnoll include revenue, operating costs, asset structure, and industry average.
Why is the ROA of MillerKnoll important for investors?
The ROA of MillerKnoll is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can MillerKnoll take to improve ROA?
To improve ROA, MillerKnoll can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does MillerKnoll pay?
Over the past 12 months, MillerKnoll paid a dividend of 0.75 USD . This corresponds to a dividend yield of about 3.35 %. For the coming 12 months, MillerKnoll is expected to pay a dividend of 0.74 USD.
What is the dividend yield of MillerKnoll?
The current dividend yield of MillerKnoll is 3.35 %.
When does MillerKnoll pay dividends?
MillerKnoll pays a quarterly dividend. This is distributed in the months of March, June, September, December.
How secure is the dividend of MillerKnoll?
MillerKnoll paid dividends every year for the past 22 years.
What is the dividend of MillerKnoll?
For the upcoming 12 months, dividends amounting to 0.74 USD are expected. This corresponds to a dividend yield of 3.3 %.
In which sector is MillerKnoll located?
MillerKnoll is assigned to the 'Industry' sector.
Wann musste ich die Aktien von MillerKnoll kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of MillerKnoll from 1/15/2025 amounting to 0.188 USD, you needed to have the stock in your portfolio before the ex-date on 11/29/2024.
When did MillerKnoll pay the last dividend?
The last dividend was paid out on 1/15/2025.
What was the dividend of MillerKnoll in the year 2023?
In the year 2023, MillerKnoll distributed 0.75 USD as dividends.
In which currency does MillerKnoll pay out the dividend?
The dividends of MillerKnoll are distributed in USD.
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Andere Kennzahlen von MillerKnoll
Our stock analysis for MillerKnoll Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MillerKnoll Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.