NYSE : HLLY
Holley Inc. — Financial statements
Consumer Discretionary · Auto Parts · United States
Last price 2.63 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 315.97M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Holley Inc. (HLLY) reported revenue of 613.15M 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 | 613.15M | 613.51M | 602.22M | 659.70M | 688.41M | 692.85M |
| Cost of Revenue | 349.28M | 347.28M | 355.48M | 403.62M | 434.76M | 406.04M |
| Gross Profit | 263.87M | 266.24M | 246.74M | 256.09M | 253.66M | 286.81M |
| Selling, General & Admin | 152.31M | 146.13M | 132.15M | 120.24M | 150.73M | 116.79M |
| Research & Development | 17.39M | 18.83M | 18.71M | 23.84M | 29.08M | 28.28M |
| Amortization of Goodwill & Intangibles | 13.74M | 13.78M | 13.88M | 14.56M | 14.68M | 14.00M |
| Other Operating Expenses | -7.49M | 2.11M | -268.00K | 765.00K | 477.00K | 793.00K |
| Operating Expenses | 175.95M | 180.85M | 164.47M | 159.41M | 194.97M | 159.87M |
| Operating Income | 87.92M | 85.38M | 82.27M | 96.68M | 58.69M | 126.94M |
| Interest Expense | -40.87M | -51.83M | -50.69M | -60.75M | -40.23M | -39.13M |
| Currency Exchange Gain (Loss) | -44.00K | |||||
| Other Non Operating Income (Expenses) | 602.00K | -897.00K | 2.33M | -32.58M | ||
| EBT Excluding Unusual Items | 47.65M | 32.65M | 33.91M | 35.93M | 18.46M | 55.19M |
| Merger & Restructuring Charges | -3.80M | -2.90M | -9.77M | -2.64M | -4.51M | -49.46M |
| Impairment of Goodwill | -40.91M | |||||
| Gain (Loss) on Sale of Assets | -28.22M | -9.23M | -1.04M | 82.00K | ||
| Asset Writedown | -7.70M | -2.40M | ||||
| Other Unusual Items | 250.00K | -1.12M | 7.43M | -5.71M | 67.75M | -22.52M |
| Pretax Income | 15.88M | 28.63M | -26.26M | 27.58M | 78.27M | -16.71M |
| Income Tax Expense | 5.56M | 9.46M | -3.02M | 8.40M | 4.49M | 10.43M |
| Net Income | 10.32M | 19.18M | -23.23M | 19.18M | 73.77M | -27.14M |
| Net Income to Common | 10.32M | 19.18M | -23.23M | 19.18M | 73.77M | -27.14M |
| Shares Outstanding (Basic) | 119.74M | 119.21M | 118.44M | 117.38M | 116.76M | 89.96M |
| Shares Outstanding (Diluted) | 120.78M | 120.04M | 118.44M | 118.51M | 117.25M | 89.96M |
| EPS (Basic) | 0.09 | 0.16 | -0.20 | 0.16 | 0.63 | -0.30 |
| EPS (Diluted) | 0.09 | 0.16 | -0.20 | 0.16 | 0.14 | -0.30 |
| Free Cash Flow | 43.68M | 33.90M | 40.09M | 82.16M | -1.28M | 6.35M |
| Free Cash Flow Per Share | 0.36 | 0.28 | 0.34 | 0.69 | -0.01 | 0.07 |
| Gross Margin | 43.04% | 43.40% | 40.97% | 38.82% | 36.85% | 41.39% |
| Operating Margin | 14.34% | 13.92% | 13.66% | 14.66% | 8.53% | 18.32% |
| Profit Margin | 1.68% | 3.12% | -3.86% | 2.91% | 10.72% | -3.92% |
| Free Cash Flow Margin | 7.12% | 5.53% | 6.66% | 12.45% | -0.19% | 0.92% |
| EBITDA | 112.03M | 108.87M | 106.70M | 121.54M | 83.48M | 152.47M |
| EBITDA Margin | 18.27% | 17.75% | 17.72% | 18.42% | 12.13% | 22.01% |
| D&A For EBITDA | 24.10M | 23.48M | 24.43M | 24.86M | 24.79M | 25.53M |
| EBIT | 87.92M | 85.38M | 82.27M | 96.68M | 58.69M | 126.94M |
| EBIT Margin | 14.34% | 13.92% | 13.66% | 14.66% | 8.53% | 18.32% |
| Effective Tax Rate | 35.00% | 33.03% | 30.45% | 5.74% | ||
| Advertising Expenses | 13.21M | 9.36M | 5.99M | 7.16M | 6.30M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 69.02M | 37.23M | 56.09M | 41.08M | 26.15M | 36.33M |
| Cash & Short-Term Investments | 69.02M | 37.23M | 56.09M | 41.08M | 26.15M | 36.33M |
| Receivables | 64.16M | 57.90M | 36.12M | 48.36M | 47.08M | 51.39M |
| Inventory | 180.20M | 205.66M | 192.52M | 192.26M | 233.57M | 185.04M |
| Prepaid Expenses | 17.23M | 15.37M | 12.61M | 15.66M | 18.16M | 18.96M |
| Total Current Assets | 330.61M | 316.16M | 297.35M | 297.37M | 324.96M | 291.72M |
| Property, Plant & Equipment | 91.05M | 78.54M | 76.96M | 76.46M | 81.70M | 51.49M |
| Goodwill | 370.96M | 372.34M | 372.34M | 419.06M | 418.12M | 411.38M |
| Other Intangible Assets | 369.75M | 396.91M | 386.68M | 410.46M | 424.86M | 438.46M |
| Total Assets | 1.16B | 1.16B | 1.13B | 1.20B | 1.25B | 1.19B |
| Accounts Payable | 55.97M | 60.12M | 44.78M | 43.69M | 44.95M | 45.71M |
| Accrued Expenses | 26.37M | 28.45M | 21.56M | 24.89M | 25.12M | 26.67M |
| Current Portion of Long-Term Debt | 8.21M | 6.57M | 7.20M | 7.46M | 7.00M | 7.88M |
| Current Portion of Leases | 6.53M | 5.84M | 5.32M | 4.95M | 5.11M | |
| Current Income Taxes Payable | 2.18M | 1.65M | 4.05M | 1.48M | 6.70M | 1.41M |
| Other Current Liabilities | 8.88M | 12.49M | 12.26M | 11.27M | 12.38M | 10.13M |
| Total Current Liabilities | 108.13M | 115.12M | 95.17M | 93.74M | 101.26M | 91.80M |
| Long-Term Debt | 519.12M | 519.38M | 545.45M | 577.87M | 643.56M | 637.67M |
| Long-Term Leases | 36.25M | 28.88M | 31.88M | 25.18M | 24.99M | |
| Long-Term Deferred Tax Liabilities | 47.36M | 46.54M | 37.39M | 53.54M | 58.39M | 70.05M |
| Other Long-Term Liabilities | 1.76M | 5.10M | 2.28M | 11.86M | 5.45M | 89.06M |
| Total Liabilities | 712.63M | 715.03M | 712.17M | 762.19M | 833.65M | 888.57M |
| Common Stock | 12.00K | 12.00K | 12.00K | 12.00K | 12.00K | 12.00K |
| Additional Paid-In Capital | 385.68M | 384.87M | 377.56M | 373.87M | 368.12M | 329.70M |
| Retained Earnings | 68.75M | 63.92M | 44.74M | 67.98M | 48.80M | -24.97M |
| Comprehensive Income & Other | -2.71M | 120.00K | -1.16M | -710.00K | -944.00K | -256.00K |
| Shareholders' Equity | 449.74M | 448.93M | 421.15M | 441.15M | 415.99M | 304.49M |
| Total Liabilities & Equity | 1.16B | 1.16B | 1.13B | 1.20B | 1.25B | 1.19B |
| Total Debt | 570.10M | 560.67M | 589.85M | 615.46M | 680.67M | 645.55M |
| Net Cash (Debt) | -501.08M | -523.44M | -533.76M | -574.38M | -654.52M | -609.22M |
| Net Cash Per Share | -4.15 | -4.36 | -4.51 | -4.85 | -5.58 | -6.77 |
| Filing Date Shares Outstanding | 120.14M | 119.85M | 118.87M | 117.71M | 117.15M | 117.99M |
| Total Common Shares Outstanding | 119.05M | 118.58M | 117.65M | 117.71M | 116.05M | 115.81M |
| Working Capital | 222.48M | 201.04M | 202.18M | 203.63M | 223.70M | 199.92M |
| Book Value Per Share | 3.78 | 3.79 | 3.58 | 3.75 | 3.58 | 2.63 |
| Tangible Book Value | -290.97M | -320.32M | -337.86M | -388.37M | -426.99M | -545.36M |
| Tangible Book Value Per Share | -2.44 | -2.70 | -2.87 | -3.30 | -3.68 | -4.71 |
| Land | 1.08M | 1.08M | 1.23M | 3.33M | 3.43M | 1.33M |
| Buildings | 13.97M | 13.70M | 12.87M | 11.40M | 11.05M | 10.62M |
| Machinery | 77.27M | 74.13M | 65.33M | 73.33M | 66.14M | 56.82M |
| Construction In Progress | 15.50M | 9.47M | 8.22M | 6.22M | 9.56M | 12.86M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 10.32M | 19.18M | -23.23M | 19.18M | 73.77M | -27.14M |
| Depreciation & Amortization | 30.00M | 28.88M | 29.67M | 30.34M | 30.46M | 25.53M |
| Other Amortization | 1.73M | 1.73M | 1.76M | 1.78M | 1.71M | 3.18M |
| Loss (Gain) From Sale of Assets | 28.95M | 722.00K | 8.67M | -192.00K | 1.29M | -82.00K |
| Asset Writedown & Restructuring Costs | 48.60M | 2.40M | ||||
| Stock-Based Compensation | 8.56M | 8.16M | 5.17M | 7.29M | 24.39M | 4.96M |
| Provision & Write-off of Bad Debts | 733.00K | 362.00K | 1.34M | 1.02M | 878.00K | 147.00K |
| Other Operating Activities | 8.14M | 18.78M | -15.96M | 3.83M | -66.28M | 59.27M |
| Change in Accounts Receivable | -9.28M | -21.41M | 10.76M | -2.28M | 3.78M | 464.00K |
| Change in Inventory | -12.31M | -17.08M | -16.56M | 38.20M | -58.41M | -45.07M |
| Change in Accounts Payable | 7.23M | 12.86M | 1.23M | -1.63M | -740.00K | 8.73M |
| Change in Other Net Operating Assets | -16.22M | -5.96M | -4.54M | -9.45M | -938.00K | -8.40M |
| Operating Cash Flow | 57.84M | 46.22M | 46.90M | 88.09M | 12.31M | 21.58M |
| Capital Expenditures | -14.15M | -12.32M | -6.80M | -5.93M | -13.59M | -15.23M |
| Sale of Property, Plant & Equipment | 10.28M | 322.00K | 1.73M | 1.48M | 888.00K | 364.00K |
| Cash Acquisitions | -2.78M | -14.30M | -119.22M | |||
| Divestitures | 7.10M | 1.97M | ||||
| Sale (Purchase) of Intangibles | -10.71M | -20.23M | ||||
| Investing Cash Flow | -17.36M | -32.23M | 2.02M | -4.45M | -25.04M | -134.09M |
| Long-Term Debt Issued | 10.00M | 37.00M | 655.00M | |||
| Long-Term Debt Repaid | -42.11M | -32.44M | -66.04M | -33.48M | -687.53M | |
| Net Debt Issued (Repaid) | -30.14M | -32.11M | -32.44M | -66.04M | 3.52M | -32.53M |
| Issuance of Common Stock | 383.00K | |||||
| Other Financing Activities | -2.14M | -504.00K | -2.16M | -2.97M | -1.05M | 109.69M |
| Financing Cash Flow | -34.28M | -32.61M | -34.60M | -69.01M | 2.85M | 77.16M |
| Foreign Exchange Rate Adjustments | -1.02M | -235.00K | 691.00K | 300.00K | -300.00K | |
| Net Cash Flow | 5.18M | -18.86M | 15.01M | 14.93M | -10.18M | -35.35M |
| Free Cash Flow | 43.68M | 33.90M | 40.09M | 82.16M | -1.28M | 6.35M |
| Free Cash Flow Margin | 7.12% | 5.53% | 6.66% | 12.45% | -0.19% | 0.92% |
| Free Cash Flow Per Share | 0.36 | 0.28 | 0.34 | 0.69 | -0.01 | 0.07 |
| Levered Free Cash Flow | 24.81M | 9.58M | 65.87M | 90.65M | 16.31M | 11.67M |
| Unlevered Free Cash Flow | 48.62M | 40.25M | 95.80M | 126.84M | 39.75M | 32.95M |
| Cash Interest Paid | 47.50M | 46.60M | 52.16M | 64.69M | 36.87M | 38.07M |
| Cash Income Tax Paid | 5.94M | 10.43M | 11.14M | 16.04M | 6.83M | 10.65M |
| Change in Working Capital | -30.59M | -31.59M | -9.11M | 24.84M | -56.31M | -44.28M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 315.97M | 493.19M | 358.48M | 573.23M | 250.22M | 1.50B |
| Enterprise Value | 817.05M | 1.02B | 896.18M | 1.18B | 907.05M | 2.03B |
| Last Close Price | 2.63 | 4.13 | 3.02 | 4.87 | 2.12 | 12.99 |
| PE Ratio | 30.51 | 25.72 | 29.89 | 3.39 | ||
| Forward PE | 7.77 | 11.54 | 12.58 | 15.90 | 6.89 | 25.56 |
| PS Ratio | 0.52 | 0.80 | 0.59 | 0.87 | 0.36 | 2.17 |
| PB Ratio | 0.70 | 1.10 | 0.85 | 1.30 | 0.60 | 4.94 |
| P/FCF Ratio | 7.23 | 14.55 | 8.94 | 6.98 | 236.90 | |
| P/OCF Ratio | 5.46 | 10.67 | 7.64 | 6.51 | 20.32 | 69.70 |
| PEG Ratio | 0.37 | 0.28 | 0.28 | 0.28 | 0.37 | |
| EV/Sales Ratio | 1.33 | 1.66 | 1.49 | 1.78 | 1.32 | 2.92 |
| EV/EBITDA Ratio | 7.29 | 9.33 | 8.40 | 9.69 | 10.87 | 13.29 |
| EV/EBIT Ratio | 9.29 | 11.90 | 10.89 | 12.18 | 15.46 | 15.96 |
| EV/FCF Ratio | 18.70 | 29.97 | 22.35 | 14.34 | 319.10 | |
| Debt / Equity Ratio | 1.27 | 1.25 | 1.40 | 1.40 | 1.64 | 2.12 |
| Debt / EBITDA Ratio | 4.71 | 4.75 | 5.09 | 4.72 | 7.25 | 4.23 |
| Debt / FCF Ratio | 13.05 | 16.54 | 14.71 | 7.49 | 101.66 | |
| Net Debt / Equity Ratio | 1.11 | 1.17 | 1.27 | 1.30 | 1.57 | 2.00 |
| Net Debt / EBITDA Ratio | 4.47 | 4.81 | 5.00 | 4.73 | 7.84 | 4.00 |
| Net Debt / FCF Ratio | 11.47 | 15.44 | 13.31 | 6.99 | -512.14 | 95.94 |
| Asset Turnover | 0.53 | 0.53 | 0.52 | 0.54 | 0.56 | 0.61 |
| Inventory Turnover | 1.94 | 1.74 | 1.85 | 1.90 | 2.08 | 2.55 |
| Quick Ratio | 1.23 | 0.83 | 0.97 | 0.95 | 0.72 | 0.96 |
| Current Ratio | 3.06 | 2.75 | 3.12 | 3.17 | 3.21 | 3.18 |
| Return on Equity (ROE) | 2.33% | 4.41% | -5.39% | 4.47% | 20.48% | -9.96% |
| Return on Assets (ROA) | 4.74% | 4.65% | 4.40% | 4.93% | 3.00% | 7.03% |
| Return on Invested Capital (ROIC) | 5.84% | 5.93% | 8.35% | 6.45% | 5.58% | 14.45% |
| Return on Capital Employed (ROCE) | 8.30% | 8.10% | 7.90% | 8.70% | 5.10% | 11.50% |
| Earnings Yield | 3.28% | 3.89% | -6.48% | 3.35% | 29.48% | -1.80% |
| FCF Yield | 13.83% | 6.87% | 11.19% | 14.33% | -0.51% | 0.42% |
| Buyback Yield / Dilution | -1.62% | -1.35% | 0.06% | -1.08% | -30.33% | -32.93% |