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Side-by-side financial comparison of MILLERKNOLL, INC. (MLKN) and PAR PACIFIC HOLDINGS, INC. (PARR). Click either name above to swap in a different company.

PAR PACIFIC HOLDINGS, INC. is the larger business by last-quarter revenue ($1.8B vs $955.2M, roughly 1.9× MILLERKNOLL, INC.). MILLERKNOLL, INC. runs the higher net margin — 2.5% vs 2.5%, a 0.0% gap on every dollar of revenue. On growth, PAR PACIFIC HOLDINGS, INC. posted the faster year-over-year revenue change (4.5% vs -1.6%).

MillerKnoll, Incorporated, doing business as Herman Miller, is an American company that produces office furniture, equipment, and home furnishings. Its best known designs include the Aeron chair, Noguchi table, Marshmallow sofa, Mirra chair, and Eames Lounge Chair. Herman Miller is also credited with the 1968 invention of the office cubicle under then–director of research Robert Propst.

Par Pacific Holdings is a Houston-based American oil and gas exploration and production company. Known as Par Petroleum Corporation after it emerged from bankruptcy, it was renamed Par Pacific Holdings on October 20, 2015. As of 2017 it was a Fortune 1000 corporation.

MLKN vs PARR — Head-to-Head

Bigger by revenue
PARR
PARR
1.9× larger
PARR
$1.8B
$955.2M
MLKN
Growing faster (revenue YoY)
PARR
PARR
+6.1% gap
PARR
4.5%
-1.6%
MLKN
Higher net margin
MLKN
MLKN
0.0% more per $
MLKN
2.5%
2.5%
PARR

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
MLKN
MLKN
PARR
PARR
Revenue
$955.2M
$1.8B
Net Profit
$24.2M
$46.2M
Gross Margin
39.0%
Operating Margin
5.1%
3.1%
Net Margin
2.5%
2.5%
Revenue YoY
-1.6%
4.5%
Net Profit YoY
-29.0%
279.1%
EPS (diluted)
$0.35
$1.10

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.

Revenue
MLKN
MLKN
PARR
PARR
Q1 26
$1.8B
Q4 25
$955.2M
$1.8B
Q3 25
$955.7M
$2.0B
Q2 25
$1.9B
Q1 25
$1.7B
Q4 24
$1.8B
Q3 24
$2.1B
Q2 24
$2.0B
Net Profit
MLKN
MLKN
PARR
PARR
Q1 26
$46.2M
Q4 25
$24.2M
$77.7M
Q3 25
$20.2M
$262.6M
Q2 25
$59.5M
Q1 25
$-30.4M
Q4 24
$-55.7M
Q3 24
$7.5M
Q2 24
$18.6M
Gross Margin
MLKN
MLKN
PARR
PARR
Q1 26
Q4 25
39.0%
Q3 25
38.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
MLKN
MLKN
PARR
PARR
Q1 26
3.1%
Q4 25
5.1%
5.5%
Q3 25
5.6%
17.8%
Q2 25
5.1%
Q1 25
-0.9%
Q4 24
-2.6%
Q3 24
1.7%
Q2 24
2.4%
Net Margin
MLKN
MLKN
PARR
PARR
Q1 26
2.5%
Q4 25
2.5%
4.3%
Q3 25
2.1%
13.0%
Q2 25
3.1%
Q1 25
-1.7%
Q4 24
-3.0%
Q3 24
0.3%
Q2 24
0.9%
EPS (diluted)
MLKN
MLKN
PARR
PARR
Q1 26
$1.10
Q4 25
$0.35
$1.40
Q3 25
$0.29
$5.16
Q2 25
$1.17
Q1 25
$-0.57
Q4 24
$-0.98
Q3 24
$0.13
Q2 24
$0.32

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MLKN
MLKN
PARR
PARR
Cash + ST InvestmentsLiquidity on hand
$180.4M
$172.2M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$1.3B
$1.5B
Total Assets
$3.9B
Debt / EquityLower = less leverage
1.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLKN
MLKN
PARR
PARR
Q1 26
$172.2M
Q4 25
$180.4M
$164.1M
Q3 25
$167.2M
$159.1M
Q2 25
$169.2M
Q1 25
$133.7M
Q4 24
$191.9M
Q3 24
$183.0M
Q2 24
$179.7M
Total Debt
MLKN
MLKN
PARR
PARR
Q1 26
Q4 25
$1.3B
$802.9M
Q3 25
$1.3B
$967.1M
Q2 25
$1.1B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$1.1B
Stockholders' Equity
MLKN
MLKN
PARR
PARR
Q1 26
$1.5B
Q4 25
$1.3B
$1.5B
Q3 25
$1.3B
$1.4B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.2B
Q3 24
$1.3B
Q2 24
$1.3B
Total Assets
MLKN
MLKN
PARR
PARR
Q1 26
Q4 25
$3.9B
$3.8B
Q3 25
$3.9B
$4.1B
Q2 25
$3.9B
Q1 25
$3.8B
Q4 24
$3.8B
Q3 24
$3.9B
Q2 24
$3.9B
Debt / Equity
MLKN
MLKN
PARR
PARR
Q1 26
Q4 25
1.02×
0.53×
Q3 25
1.02×
0.69×
Q2 25
0.97×
Q1 25
1.04×
Q4 24
0.93×
Q3 24
0.83×
Q2 24
0.84×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MLKN
MLKN
PARR
PARR
Operating Cash FlowLast quarter
$64.6M
Free Cash FlowOCF − Capex
$34.0M
FCF MarginFCF / Revenue
3.6%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
2.67×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLKN
MLKN
PARR
PARR
Q1 26
Q4 25
$64.6M
$93.8M
Q3 25
$9.4M
$219.4M
Q2 25
$133.6M
Q1 25
$-1.4M
Q4 24
$-15.5M
Q3 24
$78.5M
Q2 24
$-4.7M
Free Cash Flow
MLKN
MLKN
PARR
PARR
Q1 26
Q4 25
$34.0M
$66.3M
Q3 25
$-21.3M
$187.1M
Q2 25
$85.5M
Q1 25
$-42.3M
Q4 24
$-63.1M
Q3 24
$50.2M
Q2 24
$-41.6M
FCF Margin
MLKN
MLKN
PARR
PARR
Q1 26
Q4 25
3.6%
3.7%
Q3 25
-2.2%
9.3%
Q2 25
4.5%
Q1 25
-2.4%
Q4 24
-3.4%
Q3 24
2.3%
Q2 24
-2.1%
Capex Intensity
MLKN
MLKN
PARR
PARR
Q1 26
Q4 25
3.2%
1.5%
Q3 25
3.2%
1.6%
Q2 25
2.5%
Q1 25
2.3%
Q4 24
2.6%
Q3 24
1.3%
Q2 24
1.8%
Cash Conversion
MLKN
MLKN
PARR
PARR
Q1 26
Q4 25
2.67×
1.21×
Q3 25
0.47×
0.84×
Q2 25
2.25×
Q1 25
Q4 24
Q3 24
10.48×
Q2 24
-0.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MLKN
MLKN

Workplace$309.9M32%
Global Retail Segment$275.8M29%
International Contract Segment$170.9M18%
Performance Seating$101.1M11%
Lifestyle$52.9M6%
Other Products$44.6M5%

PARR
PARR

Segment breakdown not available.

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