MillerKnoll Total Stockholder Equity from 2010 to 2024

MLKN Stock  USD 22.04  0.35  1.56%   
MillerKnoll Total Stockholder Equity yearly trend continues to be very stable with very little volatility. Total Stockholder Equity is likely to grow to about 1.5 B this year. Total Stockholder Equity is the total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. View All Fundamentals
 
Total Stockholder Equity  
First Reported
1986-05-31
Previous Quarter
1.3 B
Current Value
1.4 B
Quarterly Volatility
371.8 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MillerKnoll financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MillerKnoll's main balance sheet or income statement drivers, such as Depreciation And Amortization of 187.3 M, Total Revenue of 1.9 B or Gross Profit of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0164 or PTB Ratio of 4.96. MillerKnoll financial statements analysis is a perfect complement when working with MillerKnoll Valuation or Volatility modules.
  
Check out the analysis of MillerKnoll Correlation against competitors.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.

Latest MillerKnoll's Total Stockholder Equity Growth Pattern

Below is the plot of the Total Stockholder Equity of MillerKnoll over the last few years. It is the total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. MillerKnoll's Total Stockholder Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MillerKnoll's overall financial position and show how it may be relating to other accounts over time.
Total Stockholder Equity10 Years Trend
Slightly volatile
   Total Stockholder Equity   
       Timeline  

MillerKnoll Total Stockholder Equity Regression Statistics

Arithmetic Mean749,770,333
Geometric Mean621,754,336
Coefficient Of Variation60.98
Mean Deviation373,320,444
Median643,000,000
Standard Deviation457,184,239
Sample Variance209017.4T
Range1.3B
R-Value0.95
Mean Square Error23643T
R-Squared0.89
Slope96,711,732
Total Sum of Squares2926244T

MillerKnoll Total Stockholder Equity History

20241.5 B
20231.4 B
20221.4 B
20211.4 B
2020849.6 M
2019643 M
2018719.2 M

About MillerKnoll Financial Statements

MillerKnoll investors utilize fundamental indicators, such as Total Stockholder Equity, to predict how MillerKnoll Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Stockholder Equity1.4 B1.5 B

Pair Trading with MillerKnoll

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MillerKnoll position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MillerKnoll will appreciate offsetting losses from the drop in the long position's value.

Moving together with MillerKnoll Stock

  0.63FA First Advantage CorpPairCorr
The ability to find closely correlated positions to MillerKnoll could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MillerKnoll when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MillerKnoll - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MillerKnoll to buy it.
The correlation of MillerKnoll is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MillerKnoll moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MillerKnoll moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MillerKnoll can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether MillerKnoll offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MillerKnoll's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millerknoll Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millerknoll Stock:
Check out the analysis of MillerKnoll Correlation against competitors.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MillerKnoll. If investors know MillerKnoll will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MillerKnoll listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
55.604
Earnings Share
0.91
Revenue Per Share
49.606
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0355
The market value of MillerKnoll is measured differently than its book value, which is the value of MillerKnoll that is recorded on the company's balance sheet. Investors also form their own opinion of MillerKnoll's value that differs from its market value or its book value, called intrinsic value, which is MillerKnoll's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MillerKnoll's market value can be influenced by many factors that don't directly affect MillerKnoll's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MillerKnoll's value and its price as these two are different measures arrived at by different means. Investors typically determine if MillerKnoll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MillerKnoll's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.