NASDAQ : HLMN
Hillman Solutions Corp. — Financial statements
Industrials · Tools & Accessories · United States
Last price 7.8 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.52B
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Financial statements
Hillman Solutions Corp. (HLMN) reported revenue of 1.60B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.60B | 1.55B | 1.47B | 1.48B | 1.49B | 1.43B |
| Cost of Revenue | 832.46M | 795.88M | 764.69M | 828.96M | 846.55M | 827.53M |
| Gross Profit | 769.95M | 756.35M | 707.90M | 647.52M | 639.78M | 598.44M |
| Selling, General & Admin | 515.85M | 500.05M | 483.70M | 451.77M | 448.14M | 425.54M |
| Amortization of Goodwill & Intangibles | 61.06M | 61.23M | 61.27M | 62.31M | 62.20M | 61.33M |
| Other Operating Expenses | -806.00K | -482.00K | -767.00K | -1.82M | 9.00K | -972.00K |
| Operating Expenses | 661.26M | 640.67M | 612.98M | 571.59M | 568.16M | 545.30M |
| Operating Income | 108.69M | 115.68M | 94.93M | 75.93M | 71.62M | 53.14M |
| Interest Expense | -54.16M | -56.47M | -59.24M | -68.31M | -54.56M | -67.33M |
| Interest & Investment Income | 233.00K | |||||
| Currency Exchange Gain (Loss) | -700.00K | -900.00K | ||||
| EBT Excluding Unusual Items | 53.83M | 59.21M | 34.79M | 7.62M | 17.06M | -13.96M |
| Merger & Restructuring Charges | -19.60M | -32.03M | ||||
| Legal Settlements | -1.95M | -1.95M | -5.00M | -339.00K | -32.86M | -12.60M |
| Other Unusual Items | 4.75M | -666.00K | -3.24M | 4.94M | 1.13M | 8.47M |
| Pretax Income | 56.62M | 56.60M | 26.55M | -7.38M | -14.67M | -50.12M |
| Income Tax Expense | 15.44M | 16.29M | 9.30M | 2.21M | 1.77M | -11.78M |
| Net Income | 41.18M | 40.30M | 17.25M | -9.59M | -16.44M | -38.33M |
| Net Income to Common | 41.18M | 40.30M | 17.25M | -9.59M | -16.44M | -38.33M |
| Shares Outstanding (Basic) | 196.86M | 197.45M | 196.11M | 194.72M | 194.25M | 134.70M |
| Shares Outstanding (Diluted) | 198.85M | 199.48M | 198.91M | 194.72M | 194.25M | 134.70M |
| EPS (Basic) | 0.21 | 0.20 | 0.09 | -0.05 | -0.08 | -0.28 |
| EPS (Diluted) | 0.20 | 0.20 | 0.09 | -0.05 | -0.08 | -0.28 |
| Free Cash Flow | 61.08M | 35.09M | 98.12M | 172.27M | 49.42M | -161.81M |
| Free Cash Flow Per Share | 0.31 | 0.18 | 0.49 | 0.89 | 0.25 | -1.20 |
| Gross Margin | 48.05% | 48.73% | 48.07% | 43.86% | 43.04% | 41.97% |
| Operating Margin | 6.78% | 7.45% | 6.45% | 5.14% | 4.82% | 3.73% |
| Profit Margin | 2.57% | 2.60% | 1.17% | -0.65% | -1.11% | -2.69% |
| Free Cash Flow Margin | 3.81% | 2.26% | 6.66% | 11.67% | 3.33% | -11.35% |
| EBITDA | 254.91M | 256.78M | 224.97M | 197.57M | 191.63M | 173.87M |
| EBITDA Margin | 15.91% | 16.54% | 15.28% | 13.38% | 12.89% | 12.19% |
| D&A For EBITDA | 146.22M | 141.10M | 130.04M | 121.64M | 120.01M | 120.73M |
| EBIT | 108.69M | 115.68M | 94.93M | 75.93M | 71.62M | 53.14M |
| EBIT Margin | 6.78% | 7.45% | 6.45% | 5.14% | 4.82% | 3.73% |
| Effective Tax Rate | 27.28% | 28.79% | 35.01% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 35.84M | 27.28M | 44.51M | 38.55M | 31.08M | 14.61M |
| Cash & Short-Term Investments | 36.11M | 27.28M | 44.51M | 38.55M | 31.08M | 14.61M |
| Receivables | 154.69M | 114.93M | 109.79M | 103.48M | 86.98M | 107.21M |
| Inventory | 455.08M | 485.94M | 403.67M | 382.71M | 489.33M | 533.53M |
| Other Current Assets | 23.88M | 18.34M | 15.21M | 23.23M | 24.23M | 12.96M |
| Total Current Assets | 669.77M | 646.48M | 573.18M | 547.98M | 631.62M | 668.31M |
| Property, Plant & Equipment | 329.86M | 306.63M | 305.88M | 288.03M | 257.21M | 256.58M |
| Goodwill | 829.83M | 830.75M | 828.55M | 825.04M | 823.81M | 825.37M |
| Other Intangible Assets | 515.19M | 546.17M | 605.86M | 655.29M | 734.46M | 794.70M |
| Long-Term Deferred Tax Assets | 1.32M | |||||
| Other Long-Term Assets | 30.65M | 26.16M | 17.02M | 14.75M | 23.59M | 16.64M |
| Total Assets | 2.38B | 2.36B | 2.33B | 2.33B | 2.47B | 2.56B |
| Accounts Payable | 131.51M | 141.66M | 139.06M | 140.29M | 131.75M | 186.13M |
| Accrued Expenses | 57.00M | 65.30M | 66.57M | 43.64M | 46.26M | 48.38M |
| Current Portion of Long-Term Debt | 8.88M | 9.23M | 9.26M | 7.15M | 8.71M | 12.96M |
| Current Portion of Leases | 27.25M | 23.55M | 20.57M | 17.21M | 14.15M | 13.86M |
| Current Income Taxes Payable | 9.90M | 9.47M | 10.38M | 6.47M | 5.30M | 4.83M |
| Other Current Liabilities | 12.30M | 8.35M | 7.90M | 8.36M | 9.25M | 11.15M |
| Total Current Liabilities | 246.84M | 257.56M | 253.73M | 223.12M | 215.41M | 277.30M |
| Long-Term Debt | 662.33M | 654.72M | 685.70M | 727.20M | 881.87M | 905.52M |
| Long-Term Leases | 102.55M | 77.08M | 77.50M | 84.51M | 64.12M | 75.49M |
| Long-Term Deferred Tax Liabilities | 132.94M | 131.87M | 124.61M | 131.55M | 140.09M | 137.76M |
| Other Long-Term Liabilities | 6.31M | 6.46M | 6.59M | 10.20M | 12.46M | 16.76M |
| Total Liabilities | 1.15B | 1.13B | 1.15B | 1.18B | 1.31B | 1.41B |
| Common Stock | 20.00K | 20.00K | 20.00K | 20.00K | 20.00K | 20.00K |
| Additional Paid-In Capital | 1.46B | 1.46B | 1.44B | 1.42B | 1.40B | 1.39B |
| Retained Earnings | -162.26M | -178.65M | -218.95M | -236.21M | -226.62M | -210.18M |
| Treasury Stock | -35.82M | -12.42M | ||||
| Comprehensive Income & Other | -40.00M | -37.87M | -41.66M | -27.82M | -21.02M | -27.15M |
| Shareholders' Equity | 1.23B | 1.23B | 1.18B | 1.15B | 1.16B | 1.15B |
| Total Liabilities & Equity | 2.38B | 2.36B | 2.33B | 2.33B | 2.47B | 2.56B |
| Total Debt | 801.02M | 764.57M | 793.02M | 836.06M | 968.85M | 1.01B |
| Net Cash (Debt) | -764.91M | -737.30M | -748.51M | -797.51M | -937.77M | -993.21M |
| Net Cash Per Share | -3.85 | -3.70 | -3.76 | -4.10 | -4.83 | -7.37 |
| Filing Date Shares Outstanding | 194.54M | 196.59M | 197.33M | 195.18M | 194.55M | 194.04M |
| Total Common Shares Outstanding | 194.80M | 196.49M | 196.71M | 194.91M | 194.55M | 194.00M |
| Working Capital | 422.93M | 388.92M | 319.45M | 324.86M | 416.21M | 391.01M |
| Book Value Per Share | 6.29 | 6.25 | 6.01 | 5.92 | 5.95 | 5.93 |
| Tangible Book Value | -119.81M | -148.41M | -252.04M | -325.81M | -401.53M | -469.98M |
| Tangible Book Value Per Share | -0.62 | -0.76 | -1.28 | -1.67 | -2.06 | -2.42 |
| Machinery | 624.31M | 567.13M | 503.67M | 492.81M | 436.24M | |
| Construction In Progress | 4.79M | 4.05M | 2.73M | 13.46M | 10.37M | |
| Leasehold Improvements | 31.11M | 29.14M | 28.03M | 17.45M | 11.77M | |
| Order Backlog | 21.20M | 26.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 41.18M | 40.30M | 17.25M | -9.59M | -16.44M | -38.33M |
| Depreciation & Amortization | 146.22M | 141.10M | 130.04M | 121.64M | 120.01M | 120.73M |
| Other Amortization | 5.02M | 5.02M | 5.07M | 5.32M | 3.58M | 4.34M |
| Loss (Gain) From Sale of Assets | 59.00K | 73.00K | 56.00K | -34.00K | -26.00K | 221.00K |
| Asset Writedown & Restructuring Costs | 24.60M | |||||
| Stock-Based Compensation | 14.77M | 14.25M | 13.46M | 12.00M | 13.52M | 15.26M |
| Other Operating Activities | 2.60M | 4.48M | 5.28M | -13.63M | -2.00M | -48.44M |
| Change in Accounts Receivable | -5.15M | -4.12M | -4.54M | -15.90M | 19.89M | 15.15M |
| Change in Inventory | -16.82M | -79.43M | 8.71M | 103.66M | 38.81M | -137.85M |
| Change in Accounts Payable | -40.72M | 1.69M | -7.78M | 8.03M | -53.76M | -20.25M |
| Change in Other Net Operating Assets | -21.57M | -18.18M | 15.79M | 1.93M | -4.58M | -21.07M |
| Operating Cash Flow | 125.60M | 105.19M | 183.34M | 238.03M | 119.01M | -110.25M |
| Capital Expenditures | -64.52M | -70.10M | -85.22M | -65.77M | -69.59M | -51.55M |
| Cash Acquisitions | -7.22M | -57.90M | -1.70M | -2.50M | -38.90M | |
| Other Investing Activities | -238.00K | -251.00K | -278.00K | -383.00K | -733.00K | |
| Investing Cash Flow | -71.98M | -70.35M | -143.40M | -67.85M | -72.82M | -90.45M |
| Long-Term Debt Issued | 131.00M | 177.00M | 178.00M | 244.00M | 1.66B | |
| Long-Term Debt Repaid | -171.19M | -225.06M | -340.92M | -277.11M | -1.81B | |
| Net Debt Issued (Repaid) | -17.71M | -40.20M | -48.06M | -162.92M | -33.11M | -151.65M |
| Issuance of Common Stock | 2.20M | 1.21M | 9.66M | 2.17M | 2.61M | 365.97M |
| Repurchase of Common Stock | -35.82M | -12.42M | ||||
| Other Financing Activities | -435.00K | -809.00K | -860.00K | -1.22M | 1.78M | -20.99M |
| Financing Cash Flow | -51.76M | -52.22M | -39.27M | -161.98M | -28.72M | 193.33M |
| Foreign Exchange Rate Adjustments | -205.00K | 152.00K | 5.29M | -735.00K | -991.00K | 464.00K |
| Net Cash Flow | 1.65M | -17.23M | 5.96M | 7.47M | 16.48M | -6.92M |
| Free Cash Flow | 61.08M | 35.09M | 98.12M | 172.27M | 49.42M | -161.81M |
| Free Cash Flow Margin | 3.81% | 2.26% | 6.66% | 11.67% | 3.33% | -11.35% |
| Free Cash Flow Per Share | 0.31 | 0.18 | 0.49 | 0.89 | 0.25 | -1.20 |
| Levered Free Cash Flow | 60.05M | 37.62M | 91.55M | 175.28M | 73.43M | -78.69M |
| Unlevered Free Cash Flow | 88.89M | 67.89M | 123.51M | 212.65M | 103.95M | -40.94M |
| Cash Interest Paid | 42.01M | 50.42M | 42.44M | 55.87M | 55.83M | 72.06M |
| Cash Income Tax Paid | 8.20M | 11.54M | 9.62M | 5.36M | 2.99M | 2.50M |
| Change in Working Capital | -84.25M | -100.04M | 12.17M | 97.72M | 358.00K | -164.02M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.62B | 1.79B | 1.93B | 1.80B | 1.40B | 1.97B |
| Enterprise Value | 2.39B | 2.54B | 2.70B | 2.64B | 2.39B | 2.95B |
| Last Close Price | 7.80 | 9.09 | 9.80 | 9.21 | 7.21 | 10.50 |
| PE Ratio | 41.72 | 44.49 | 111.65 | |||
| Forward PE | 12.93 | 16.03 | 17.90 | 21.96 | 23.69 | 50.31 |
| PS Ratio | 0.99 | 1.16 | 1.31 | 1.22 | 0.94 | 1.38 |
| PB Ratio | 1.24 | 1.46 | 1.63 | 1.55 | 1.21 | 1.71 |
| P/FCF Ratio | 25.99 | 51.12 | 19.64 | 10.42 | 28.37 | |
| P/OCF Ratio | 12.64 | 17.05 | 10.51 | 7.54 | 11.78 | |
| PEG Ratio | 1.01 | 1.34 | 1.49 | 1.83 | 2.09 | 4.19 |
| EV/Sales Ratio | 1.47 | 1.64 | 1.83 | 1.79 | 1.61 | 2.06 |
| EV/EBITDA Ratio | 9.23 | 9.89 | 12.01 | 13.37 | 12.46 | 16.94 |
| EV/EBIT Ratio | 21.64 | 21.96 | 28.47 | 34.80 | 33.33 | 55.42 |
| EV/FCF Ratio | 38.52 | 72.39 | 27.54 | 15.34 | 48.30 | |
| Debt / Equity Ratio | 0.65 | 0.62 | 0.67 | 0.72 | 0.84 | 0.88 |
| Debt / EBITDA Ratio | 2.81 | 2.69 | 3.14 | 3.71 | 4.40 | 5.01 |
| Debt / FCF Ratio | 13.12 | 21.79 | 8.08 | 4.85 | 19.60 | |
| Net Debt / Equity Ratio | 0.62 | 0.60 | 0.63 | 0.69 | 0.81 | 0.86 |
| Net Debt / EBITDA Ratio | 3.00 | 2.87 | 3.33 | 4.04 | 4.89 | 5.71 |
| Net Debt / FCF Ratio | 12.52 | 21.02 | 7.63 | 4.63 | 18.98 | -6.14 |
| Asset Turnover | 0.68 | 0.66 | 0.63 | 0.61 | 0.59 | 0.57 |
| Inventory Turnover | 1.89 | 1.79 | 1.95 | 1.90 | 1.66 | 1.79 |
| Quick Ratio | 0.77 | 0.55 | 0.61 | 0.64 | 0.55 | 0.44 |
| Current Ratio | 2.71 | 2.51 | 2.26 | 2.46 | 2.93 | 2.41 |
| Return on Equity (ROE) | 3.39% | 3.34% | 1.48% | -0.83% | -1.43% | -5.06% |
| Return on Assets (ROA) | 2.87% | 3.08% | 2.55% | 1.98% | 1.78% | 1.32% |
| Return on Invested Capital (ROIC) | 3.96% | 4.23% | 3.18% | 3.75% | 3.38% | 2.58% |
| Return on Capital Employed (ROCE) | 5.10% | 5.50% | 4.60% | 3.60% | 3.20% | 2.30% |
| Earnings Yield | 2.40% | 2.25% | 0.90% | -0.53% | -1.17% | -1.95% |
| FCF Yield | 3.85% | 1.96% | 5.09% | 9.60% | 3.52% | -8.22% |
| Buyback Yield / Dilution | 0.34% | -0.28% | -2.15% | -0.24% | -44.21% | -49.85% |