Acco Brands vs Millerknoll
Millerknoll is the larger business, with $3.84bn of revenue in fiscal 2026 against $1.52bn for Acco Brands (2.5 times as much). Millerknoll grew faster (4.7% against -8.5%). Acco Brands kept more of each dollar of sales as profit: a net margin of 2.7% against 2.4%. Millerknoll carries less debt relative to equity (96.4% against 126.5%).
| Latest fiscal year | Acco BrandsACCO, 2025 | MillerknollMLKN, 2026 |
|---|---|---|
| Revenue | $1.52bn | $3.84bn |
| Revenue growth | -8.5% | 4.7% |
| Net income | $41.3m | $91.5m |
| Operating margin | 6.1% | 5.2% |
| Net margin | 2.7% | 2.4% |
| Return on equity | 6.5% | 7.0% |
| Free cash flow | $68.7m | $77.6m |
| Cash | $64.4m | $168m |
| Total debt | $841m | $1.29bn |
| Debt to equity | 126.5% | 96.4% |
| Dividend per share | $0.30 | $0.75 |
| Dividend yield | 5.5% | 3.3% |
| Share buybacks | $15.1m | — |
| Employees | 4,700 | 10,544 |
| Market value | $480m | $1.48bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 47 (Moderate) | 43 (Weak) |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 0 sales |