National Vision Holdings, Inc. (EYE) vs MillerKnoll, Inc. (MLKN)

A side-by-side comparison of National Vision Holdings, Inc. and MillerKnoll, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — EYE vs MLKN

growth of $100 · dividends reinvested · last 9y
EYE -40.6% (-5.6%/yr)MLKN -26.8% (-3.4%/yr)MLKN compounded faster over this window
50100150200Start $1002019202120232025$59$73
EYE MLKN

EYE vs MLKN: by the numbers

  • •MLKN is the larger company ($1.41B vs $1.34B market cap).
  • •MLKN trades at the lower trailing earnings multiple (14.70 vs 27.35 P/E), one valuation lens rather than an overall verdict.
  • •Both shrank revenue over the past five years; EYE's decline was smaller (-0.31% vs -0.67% CAGR).
  • •MLKN pays a dividend (3.57% yield), while EYE has no payments in the available dividend history.

Metrics side by side

Valuation

MetricEYEMLKN
P/E ratio27.3514.70
Forward P/E16.6010.27
P/S ratio0.660.37
P/B ratio1.501.04
EV / EBITDA11.365.26
FCF yield3.66%8.18%

Profitability

MetricEYEMLKN
Gross margin55.22%39.57%
Operating margin4.13%5.51%
Net margin2.47%2.57%
ROE5.61%7.22%
ROIC3.86%4.77%

Dividends

MetricEYEMLKN
Dividend yieldN/A3.57%
Payout ratioN/A53.19%

Growth (annualized)

MetricEYEMLKN
Revenue CAGR (5Y)-0.31%-0.67%
EPS CAGR (5Y)-3.84%N/A
FCF CAGR (5Y)-28.54%3.42%
Total return CAGR (5Y)-21.96%-8.42%

Some values include inputs from SEC filing.

Frequently asked

Which has the lower trailing P/E, EYE or MLKN?
MLKN has the lower trailing P/E: EYE trades at 27.35 and MLKN at 14.70. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, EYE or MLKN?
Neither grew: over the past five years both shrank revenue, with EYE's decline the smaller — EYE at a -0.31% CAGR versus MLKN at -0.67%.
Does EYE or MLKN pay a bigger dividend?
MLKN pays a dividend (3.57% yield), while EYE has no payments in the available dividend history.
How have EYE and MLKN total returns compared?
Over the past 5 years, EYE delivered -21.96% and MLKN delivered -8.42% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.