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HI

Hillenbrand, Inc.

Industrials • CIK: 0001417398

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Market Cap
$2.24B
P/E (TTM)
65.1x
Rev Growth (TTM)
-19.2%
Net Margin (TTM)
1.4%
FCF Yield (TTM)
-1.4%
FCF Margin (TTM)
-1.3%

LATEST EARNINGS

Q4 FY2025
4 months ago
View source
Revenue
$652.10M
-22.0%
Net Income
$75.70M
+419.1%
EPS
$1.07
+409.5%
Gross
34.8% +0.4%
Net
11.6% +9.9%
  • Q4 GAAP EPS increased to $1.07 from $0.17 in the prior year, driven by a decrease in income taxes and a gain on sale of an investment.
  • Pro forma net revenue for Q4 decreased by only 5%, indicating resilience after the MIME divestiture.
  • Pro forma net revenue for MTS increased 3% in Q4, driven by favorable foreign currency and pricing.
  • The company announced a definitive agreement to be acquired by Lone Star Funds for $3.2 billion, providing a significant cash premium to shareholders.

Cash Flow Health

Free Cash Flow0/8 positive
TTM$-32M
Q1 '26
$-4M+54%
Q4 '25
$-9M+6%
FCF Margin
TTM-1.3%
Q1 '26-0.8%+45%
Sector: 5.4%Below Avg
OCF Margin
OCF/NI
CapEx Coverage
FCF Yield-1.4%
FCF Growth (2Y)
Cash Conversion Cycle
3 days
DSO: 0+DIO: 84DPO: 81

Capital Allocation & Returns

Balanced
Total Shareholder YieldEst.
Est.3.0%
Div Yield3.0%

Balancing returns with reinvestment

Dividend & Payout Metrics
Dividend Yield (TTM)3.0%
Free Cash Flow (TTM)$-32.3M
Capital Return / FCF-211.1%
Est. Dividends Paid (TTM)$68.2M
Estimated: Buyback data estimated from FCF. Actual repurchase data not available for this company.
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
-35.3%
Volatile
+8.6%
P25MedianP75
25th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
-48.5%
8Q: 48.9%
Asset Turnover
0.54x
8Q: 0.57x
Leverage (1+D/E)
Asset & CapEx Efficiency
Fixed Asset Turn
10.08x
8Q:9.65x
+36.7%
Invested Cap Turn
0.73x
8Q:0.75x
-6.6%
CapEx Intensity
0.9%
8Q:1.1%
CapEx/Depreciation
0.24x
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024
Revenue
$2.5B
$550.2M15.6%
$652.1M8.9%
$598.9M16.3%
$715.9M1.3%
$706.9M15.6%
$837.6M6.5%
$786.6M0.2%
$785.3M
Operating Income
$849.5M
$401.0M76.8%
$226.8M49.9%
$452.6M15.6%
$536.1M0.1%
$535.8M85.8%
$288.4M52.9%
$612.4M1.4%
$603.9M
Net Income
$34.5M
$-2.2M102.9%
$75.7M3884.2%
$1.9M104.6%
$-40.9M739.1%
$6.4M56.2%
$14.6M105.9%
$-248.9M4180.3%
$6.1M
Operating Cash Flow
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Free Cash Flow
$-32.3M
$-4.2M53.8%
$-9.1M6.2%
$-9.7M4.3%
$-9.3M8.8%
$-10.2M22.1%
$-13.1M17.6%
$-15.9M24.2%
$-12.8M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
65.1x
Volatile
8Q: 82.1x-80648%
Valuation Lenses
Earnings
65.1x
vs sector
Cash Flow
-114.2x
EV/FCF vs
Growth-Adj
PEG
N/A
Quality-Adj
P/E per %ROIC
ROIC: -35.3%
Shareholder Returns
Dividend
3.0%
Buyback
Total Yield
3.0%
Market Cap$2.24B
EV$3.69B
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
-47/100
Below Average

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Below Avg
2.5%
8Q:
Return on Invested Capital (ROIC)Below Avg
-35.3%
8Q:
+8.6%
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: -48.5%
Asset Turnover: 0.54x

Earnings Quality

Cash Conversion

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin33.7%

Capital Efficiency

Invested Capital Turnover0.73x

Working Capital

Cash Conversion Cycle3 days

Growth Quality & Momentum

Low Quality
Growth Quality Score
31/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
-19.2%
OpInc Growth YoY
-25.2%
EPS Growth YoY
N/A
FCF 3Y CAGR
N/A

Growth Quality Analysis

Sustainability Index: 3.0/10 - Growth sustainability concerns

Margin Quality & Sustainability

Low Quality
Profitability Cascade
Gross
33.7%
Operating
33.7%
Top 25% in sector
Net
1.4%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
-2.7 pts
FCF: -1.3% | Net: 1.4%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Net Debt / EBITDA
Net Debt: $1.38B
Interest Coverage
Leverage Metrics
Debt-to-Equity
x
Balance sheet risk & solvency analysis