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Side-by-side financial comparison of HNI CORP (HNI) and RBC Bearings INC (RBC). Click either name above to swap in a different company.
HNI CORP is the larger business by last-quarter revenue ($683.8M vs $461.6M, roughly 1.5× RBC Bearings INC). RBC Bearings INC runs the higher net margin — 14.6% vs 6.0%, a 8.6% gap on every dollar of revenue. On growth, RBC Bearings INC posted the faster year-over-year revenue change (17.0% vs 1.7%). HNI CORP produced more free cash flow last quarter ($135.6M vs $99.1M). Over the past eight quarters, RBC Bearings INC's revenue compounded faster (5.6% CAGR vs 0.3%).
HNI Corporation is one of the largest office furniture manufacturers in the world in regard to revenues resulting from office segment sales. HNI is also the world's leading hearth products company, manufacturing and marketing gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories. The company was founded in 1944 by engineer C. Maxwell Stanley, advertising executive Clem Hanson, and industrial designer H. Wood Miller. Its headquarters are in Muscatine, Iow...
Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under the symbol DOV. Dover was ranked 448 in the 2024 Fortu...
HNI vs RBC — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $683.8M | $461.6M |
| Net Profit | $41.2M | $67.4M |
| Gross Margin | 42.1% | 44.3% |
| Operating Margin | 9.4% | 22.3% |
| Net Margin | 6.0% | 14.6% |
| Revenue YoY | 1.7% | 17.0% |
| Net Profit YoY | -13.3% | 16.4% |
| EPS (diluted) | $0.88 | $2.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $461.6M | ||
| Q3 25 | $683.8M | $455.3M | ||
| Q2 25 | $667.1M | $436.0M | ||
| Q1 25 | $599.8M | $437.7M | ||
| Q4 24 | $642.5M | $394.4M | ||
| Q3 24 | $672.2M | $397.9M | ||
| Q2 24 | $623.7M | $406.3M | ||
| Q1 24 | $588.0M | $413.7M |
| Q4 25 | — | $67.4M | ||
| Q3 25 | $41.2M | $60.0M | ||
| Q2 25 | $48.2M | $68.5M | ||
| Q1 25 | $13.9M | $72.7M | ||
| Q4 24 | $38.3M | $57.9M | ||
| Q3 24 | $47.5M | $54.2M | ||
| Q2 24 | $36.0M | $61.4M | ||
| Q1 24 | $17.7M | — |
| Q4 25 | — | 44.3% | ||
| Q3 25 | 42.1% | 44.1% | ||
| Q2 25 | 42.9% | 44.8% | ||
| Q1 25 | 39.7% | 44.2% | ||
| Q4 24 | 40.5% | 44.3% | ||
| Q3 24 | 41.5% | 43.7% | ||
| Q2 24 | 41.9% | 45.3% | ||
| Q1 24 | 39.6% | 43.1% |
| Q4 25 | — | 22.3% | ||
| Q3 25 | 9.4% | 21.5% | ||
| Q2 25 | 10.2% | 23.2% | ||
| Q1 25 | 4.1% | 23.0% | ||
| Q4 24 | 8.5% | 21.7% | ||
| Q3 24 | 10.2% | 21.6% | ||
| Q2 24 | 8.6% | 24.0% | ||
| Q1 24 | 5.1% | 22.8% |
| Q4 25 | — | 14.6% | ||
| Q3 25 | 6.0% | 13.2% | ||
| Q2 25 | 7.2% | 15.7% | ||
| Q1 25 | 2.3% | 16.6% | ||
| Q4 24 | 6.0% | 14.7% | ||
| Q3 24 | 7.1% | 13.6% | ||
| Q2 24 | 5.8% | 15.1% | ||
| Q1 24 | 3.0% | — |
| Q4 25 | — | $2.13 | ||
| Q3 25 | $0.88 | $1.90 | ||
| Q2 25 | $1.02 | $2.17 | ||
| Q1 25 | $0.29 | $2.33 | ||
| Q4 24 | $0.78 | $1.82 | ||
| Q3 24 | $0.98 | $1.65 | ||
| Q2 24 | $0.75 | $1.90 | ||
| Q1 24 | $0.37 | $1.92 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $28.1M | $107.6M |
| Total DebtLower is stronger | $324.2M | $990.2M |
| Stockholders' EquityBook value | $835.9M | $3.3B |
| Total Assets | $1.8B | $5.1B |
| Debt / EquityLower = less leverage | 0.39× | 0.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $107.6M | ||
| Q3 25 | $28.1M | $91.2M | ||
| Q2 25 | $38.2M | $132.9M | ||
| Q1 25 | $27.5M | $36.8M | ||
| Q4 24 | $28.9M | — | ||
| Q3 24 | $40.2M | — | ||
| Q2 24 | $33.5M | $76.8M | ||
| Q1 24 | $32.5M | $63.5M |
| Q4 25 | — | $990.2M | ||
| Q3 25 | $324.2M | $1.1B | ||
| Q2 25 | $444.4M | $915.6M | ||
| Q1 25 | $404.7M | $920.1M | ||
| Q4 24 | $344.6M | — | ||
| Q3 24 | $345.4M | — | ||
| Q2 24 | $462.3M | — | ||
| Q1 24 | $473.0M | $1.2B |
| Q4 25 | — | $3.3B | ||
| Q3 25 | $835.9M | $3.2B | ||
| Q2 25 | $811.0M | $3.1B | ||
| Q1 25 | $803.6M | $3.0B | ||
| Q4 24 | $840.1M | $2.9B | ||
| Q3 24 | $846.6M | $2.9B | ||
| Q2 24 | $787.8M | $2.8B | ||
| Q1 24 | $771.5M | $2.8B |
| Q4 25 | — | $5.1B | ||
| Q3 25 | $1.8B | $5.1B | ||
| Q2 25 | $1.9B | $4.8B | ||
| Q1 25 | $1.9B | $4.7B | ||
| Q4 24 | $1.9B | $4.7B | ||
| Q3 24 | $1.9B | $4.7B | ||
| Q2 24 | $1.9B | $4.7B | ||
| Q1 24 | $1.9B | $4.7B |
| Q4 25 | — | 0.30× | ||
| Q3 25 | 0.39× | 0.34× | ||
| Q2 25 | 0.55× | 0.29× | ||
| Q1 25 | 0.50× | 0.30× | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.41× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.61× | 0.43× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $155.2M | $122.1M |
| Free Cash FlowOCF − Capex | $135.6M | $99.1M |
| FCF MarginFCF / Revenue | 19.8% | 21.5% |
| Capex IntensityCapex / Revenue | 2.9% | 5.0% |
| Cash ConversionOCF / Net Profit | 3.77× | 1.81× |
| TTM Free Cash FlowTrailing 4 quarters | $189.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $122.1M | ||
| Q3 25 | $155.2M | $88.4M | ||
| Q2 25 | $31.1M | $120.0M | ||
| Q1 25 | $12.6M | — | ||
| Q4 24 | $51.2M | $84.0M | ||
| Q3 24 | $128.5M | — | ||
| Q2 24 | $51.3M | $97.4M | ||
| Q1 24 | $-4.3M | — |
| Q4 25 | — | $99.1M | ||
| Q3 25 | $135.6M | $71.7M | ||
| Q2 25 | $16.1M | $104.3M | ||
| Q1 25 | $-3.7M | — | ||
| Q4 24 | $41.5M | $73.6M | ||
| Q3 24 | $114.0M | — | ||
| Q2 24 | $33.8M | $88.4M | ||
| Q1 24 | $-15.5M | — |
| Q4 25 | — | 21.5% | ||
| Q3 25 | 19.8% | 15.7% | ||
| Q2 25 | 2.4% | 23.9% | ||
| Q1 25 | -0.6% | — | ||
| Q4 24 | 6.5% | 18.7% | ||
| Q3 24 | 17.0% | — | ||
| Q2 24 | 5.4% | 21.8% | ||
| Q1 24 | -2.6% | — |
| Q4 25 | — | 5.0% | ||
| Q3 25 | 2.9% | 3.7% | ||
| Q2 25 | 2.2% | 3.6% | ||
| Q1 25 | 2.7% | 3.2% | ||
| Q4 24 | 1.5% | 2.6% | ||
| Q3 24 | 2.2% | 4.1% | ||
| Q2 24 | 2.8% | 2.2% | ||
| Q1 24 | 1.9% | — |
| Q4 25 | — | 1.81× | ||
| Q3 25 | 3.77× | 1.47× | ||
| Q2 25 | 0.65× | 1.75× | ||
| Q1 25 | 0.91× | — | ||
| Q4 24 | 1.34× | 1.45× | ||
| Q3 24 | 2.71× | — | ||
| Q2 24 | 1.43× | 1.59× | ||
| Q1 24 | -0.24× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HNI
| Systems Storage And Table | $309.9M | 45% |
| Residential Building Products | $166.9M | 24% |
| Seating Products | $161.1M | 24% |
| Other Products | $45.9M | 7% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
