Company / R&D Expense
MillerKnoll, Inc. R&D Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$93.8M
FY2024
5-year range
$54.3M / $108.7M
FY2020-FY2024
Trend
+1.3%
vs FY2023
Sector context
#77 of 174
Industrials
What the data says
At $94M, MillerKnoll, Inc.'s r&d expense ranks #77 of 174 in the Industrials sector. Improved from $54M to $94M over the past 2 years.
Based on SEC 10-K filings.
$94M in FY2024 with a 5-year CAGR of +9.9%.
Improved from $54M to $94M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -4.8%
- 5-Year CAGR
- +9.9%
- 10-Year CAGR
- -
Sector benchmark
#77 of 174 in IndustrialsTop 44% of 174This company $93.8M Sector average $273.7M
▼
-65.7% below sector average
Key checks
Key Insights
- 5-year CAGR of +9.9%, indicating consistent growth.
- In FY2024, r&d expense increased 1.3% year-over-year.
- Ranks #77 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.42 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $93.8M | +1.3% |
| FY2023 | $92.6M | +70.5% |
| FY2022 | $54.3M | -50.0% |
| FY2021 | $108.7M | +50.8% |
| FY2020 | $72.1M | +23.0% |
| FY2019 | $58.6M | +2.6% |
| FY2018 | $57.1M | +0.0% |
| FY2017 | $57.1M | -2.6% |
| FY2016 | $58.6M | -6.1% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026