MillerKnoll, Inc.

MLKNNASDAQConsumer Cyclical● Active

$15.06

+$0.28(+1.89%)

Market Cap$1.0B

P/E Ratio—

52W High$23.18

52W Low$13.77

Avg Volume864K

Open$14.87

Beta1.40

Free Cash Flow Financials Revenue

MillerKnoll, Inc. (MLKN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MLKN · free cash flow · updated Jun 8, 2026

Core FCF metrics

MLKN · FCF · TTM · margin & CAGR

Free cash flow was $101.7M for FY2025 (fiscal year ending 2025-05-31), down 62.9% year-over-year The FCF margin was 2.8%. Five-year CAGR stands at -7.8%.

FY2025 Free Cash Flow$101.7M▼ -62.9% YoY

Trailing 12M (TTM)$83.1Mtrailing 4 quarters sum

FCF Margin2.8%$101.7M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR-7.8%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MLKN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$209.3M(108M)$101.7M▼ 62.9%2.8%

FY2024$352.3M(78M)$273.9M▲ +244.1%7.5%

FY2023$162.9M(83M)$79.6M▲ +174.7%1.9%

FY2022−$11.9M(95M)−$106.6M▼ 139.1%-2.7%

FY2021$332.3M(60M)$272.5M▲ +78.3%11.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MLKN · P/FCF · FCF yield · FCF per share

MillerKnoll, Inc. (MLKN) trades at a FCF yield of 8.08% and a price-to-free-cash-flow ratio of 12.6x. FCF per share stands at $1.20, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

8.08%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.20

TTM FCF ÷ Shares Outstanding

Price / FCF

x12.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x31.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-05-31

Cash flow statement summary

MLKN · cash flow statement · operating / investing / financing

For FY2025, MillerKnoll, Inc. generated $209.3M in operating cash flow and spent 108M in capital expenditures, yielding $101.7M in free cash flow.

Operating Activities

+$209.3M

Cash from core business operations

2025-05-31

Investing Activities

−$100.9M

CapEx, acquisitions & investments

2025-05-31

Financing Activities

−$150.3M

Buybacks, dividends & debt

2025-05-31

FCF FormulaOperating CF ($209.3M) − |CapEx| (108M) = FCF ($101.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

MLKN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

MillerKnoll, Inc.YOU

MLKN

$101.7M-62.9%2.8%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

MillerKnoll, Inc. (MLKN) reported free cash flow of $101.7M for FY2025 (fiscal year ending 2025-05-31), down 62.9% year-over-year. The FCF margin was 2.8%.

Based on available data, MillerKnoll, Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $273.9M in FY2024. The 5-year CAGR stands at -7.8%.

MillerKnoll, Inc.'s FCF yield is 8.08% and price-to-FCF ratio is 12.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MLKN free cash flow · 8 questions

MillerKnoll, Inc. free cash flow was $101.7M for FY2025, down 62.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $83.1M.

MLKN free cash flowMLKN FCFMLKN FCF 2025MLKN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · MillerKnoll, Inc. · MillerKnoll, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026