|HLMN Overview
HLMN

Hillman Solutions Corp.

Industrials • CIK: 0001822492

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Market Cap
$1.81B
P/E (TTM)
45.8x
Rev Growth (TTM)
+4.5%
Net Margin (TTM)
2.4%
FCF Yield (TTM)
2.3%
FCF Margin (TTM)
2.7%

LATEST EARNINGS

Q4 FY2025
17 days ago
View source
Revenue
$365.14B
+4.5%
Net Income
$1.60M
EPS
$0.01
Operating
4.6% +0.6%
Net
0.4%
  • Full Year 2025 Net Sales increased 5.4% to a record $1.55 billion.
  • Full Year 2025 Net Income totaled $40.3 million, a significant improvement from a net loss of $17.3 million in 2024.
  • Adjusted EBITDA increased 13.9% to $275.3 million for Full Year 2025.
  • Net debt decreased to $665.8 million from $674.0 million at December 30, 2024.

Cash Flow Health

Free Cash Flow6/8 positive
TTM$41M
Q3 '25
$9M-71%
Q2 '25
$31M+246%
FCF Margin
TTM2.7%
Q3 '252.1%-72%
Sector: 5.4%Below Avg
OCF Margin7.6%
OCF/NI3.13x
CapEx Coverage1.5x
FCF Yield2.3%
FCF Growth (2Y)
Cash Conversion Cycle
152 days
DSO: 31+DIO: 193DPO: 72

Capital Allocation & Returns

Total Shareholder Yield
TTM0.0%
Div Yield0.0%

Insufficient data

Dividend & Payout Metrics
Dividend Yield (TTM)0.0%
Free Cash Flow (TTM)$41.1M
Capital Return / FCF0.0%
Est. Dividends Paid (TTM)$0
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
3.8%
Stable
+1.0% YoY+4.1%
P25MedianP75
75th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
5.2%
8Q: 4.8%
Asset Turnover
0.65x
8Q: 0.63x
Leverage (1+D/E)
1.56x
D/E: 0.56x
DuPont: 5.3%3.8% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
6.68x
8Q:6.93x
-16.7%
Invested Cap Turn
0.74x
8Q:0.71x
+12.8%
CapEx Intensity
3.7%
8Q:3.7%
CapEx/Depreciation
0.55x
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ3 2025Q2 2025Q1 2025Q4 2025Q3 2024Q2 2024Q1 2024Q4 2024
Revenue
$1.5B
$424.9M5.5%
$402.8M12.1%
$359.3M2.8%
$349.6M11.1%
$393.3M3.7%
$379.4M8.3%
$350.3M0.7%
$347.8M
Operating Income
$111.2M
$45.9M26.4%
$36.3M141.9%
$15.0M7.3%
$14.0M48.0%
$26.9M14.8%
$31.6M93.7%
$16.3M279.2%
$4.3M
Net Income
$37.5M
$23.2M46.5%
$15.8M5094.3%
$-317.0K74.1%
$-1.2M116.4%
$7.4M40.7%
$12.5M940.1%
$-1.5M85.2%
$-10.1M
Operating Cash Flow
$117.4M
$26.2M46.1%
$48.7M7536.2%
$-655.0K101.5%
$43.1M32.3%
$63.7M1.7%
$64.8M455.0%
$11.7M82.5%
$66.6M
Free Cash Flow
$41.1M
$9.1M70.9%
$31.2M246.3%
$-21.3M196.3%
$22.1M44.1%
$39.6M6.8%
$42.5M798.4%
$-6.1M111.5%
$52.9M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
45.8x
Volatile
8Q: 118.4x-8235%
Valuation Lenses
Earnings
45.8x
vs sector
Cash Flow
58.6x
EV/FCF vs
Growth-Adj
0.1xPEG
Undervalued for growth
Quality-Adj
12.0P/E per %ROIC
ROIC: 3.8%
Shareholder Returns
Dividend
Buyback
Total Yield
Market Cap$1.81B
EV
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
64/100
High Quality

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

Returns on Capital

Return on Equity (ROE)Below Avg
3.1%
8Q:
Return on Invested Capital (ROIC)Top 25%
3.8%
8Q:
+4.1%
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 5.2%
Asset Turnover: 0.65x

Earnings Quality

Cash Conversion

3.13x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin48.8%

Capital Efficiency

Invested Capital Turnover0.74x

Working Capital

Cash Conversion Cycle152 days

Growth Quality & Momentum

Moderate Growth
Growth Quality Score
54/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
4.5%
OpInc Growth YoY
70.6%
EPS Growth YoY
400.0%
FCF 3Y CAGR
N/A

Margin Quality & Sustainability

High Quality
Profitability Cascade
Gross
48.8%
Operating
7.2%
Below Avg in sector
Net
2.4%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
+0.2 pts
FCF: 2.7% | Net: 2.4%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Adequate
Net Debt / EBITDA
Net Debt: $645.47M
Interest Coverage
Leverage Metrics
Debt-to-Equity
0.56x
Balance sheet risk & solvency analysis