
Herman Miller, Inc. MLHR
Herman Miller, Inc. General and Administrative Expenses 2011-2026 | MLHR
General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.What these expenses include
- Salaries of administrative staff (executives, HR, accountants, legal personnel)
- Office rent and utilities
- Office equipment and IT infrastructure
- Professional services (auditors, lawyers, consultants)
- Insurance
- General administrative travel and representation expenses
- Cost control
A high level of such expenses may indicate inefficient management or an overly complex structure - Profitability
Reducing administrative expenses while maintaining stable revenue increases operating profit - Comparative analysis
Investors can compare this metric as a percentage of revenue among companies in the same industry - Business flexibility
Companies with a flexible and controlled expense structure are more resilient to revenue declines
Annual General and Administrative Expenses Herman Miller, Inc.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|
| 643 M | 639 M | 617 M | 588 M | 586 M | 544 M | 564 M | 429 M | 395 M | 366 M |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 643 M | 366 M | 537 M |
General and Administrative Expenses of other stocks in the Business services industry
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|---|---|---|---|---|---|---|
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Pitney Bowes
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HNI Corporation
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763 M | - | -0.01 % | $ 2.41 B | ||
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Wilhelmina International
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3.83 M | - | -4.39 % | $ 15.7 K |