Is it safe?
Can MLKN take a bad year?
MillerKnoll, Inc. carries $1.13B of net debt at 3.24× EBITDA: a load its earnings can carry.
$1.13B
Net debt · as at Q3 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.24×
Net debt / EBITDA · 6.95× a year ago · the load is coming down
- Altman Z-score
- 1.63
Altman Z-score · distress zone, below 1.8
- Interest cover
- 2.85×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ3 2026
- $1.30B
- Cash and short-term investments
- $175M
- Net debt
- $1.13B
- EBITDA, trailing twelve months
- $348M
- Operating profit, trailing twelve months
- $202M
- Debt / equity
- 0.97×
- Total debt / EBITDA
- 3.74×
- Annualised volatilitytwo years of daily moves
- 45%
- Worst drawdown on file
- −72%
- Below its 52-week high
- −4.8%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Furnishings, Fixtures & Appliances
Ranks #9 of 11 by Smart Score