Hillman Solutions CorpHillman Solutions Corp
Hillman Solutions Corp

Hillman Solutions Corp

HLMN
Industrials·Machinery

Hillman Solutions Corp. engages in the distribution of hardware and home improvement products. It operates through the following segments: Hardware and Protective Solutions, Robotics and Digital Solutions, and Canada. The Hardware and Protective Solutions segment includes fasteners, builders, wall hanging, threaded rod and metal shapes, letters, numbers, and signs, and personal protective equipment products. The Robotics and Digital Solutions segment consists of software-enabled key duplication and engraving solutions. The Canada segment focuses on distribution of fasteners and related hardware items, threaded rod, keys, key duplicating systems, accessories, identification items, tags and letters, numbers, and signs. The company was founded by Max W. Hillman Sr. in 1964 and is headquartered in Cincinnati, OH.

Ohio; U.S.A
Market cap
No dataNo data
Revenue
$1.6B+5.4% YoY
Net income
$40.3M+133.6% YoY
Free cash flow
$35.1M−64.2% YoY

Market

Listed stock
HLMNPriceNasdaq
Loading…Loading…1Y

Financial performance

Revenue
$1.6B+5.4% YoY
Operating income
$114M+28.3% YoY
Net income
$40.3M+133.6% YoY
Free cash flow
$35.1M−64.2% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $1.4B, 2022 $1.4B, 2023 $1.4B, 2024 $1.5B, 2025 $1.6B. Operating income: 2021 $10.3M, 2022 $39.9M, 2023 $60.9M, 2024 $88.8M, 2025 $114M. Net income: 2021 $-38.3M, 2022 $-16.4M, 2023 $-9.6M, 2024 $17.3M, 2025 $40.3M. Free cash flow: 2021 $-161.8M, 2022 $49.4M, 2023 $172.3M, 2024 $98.1M, 2025 $35.1M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
5.4%+83 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-12-25 $10.3M, 2022-12-31 $39.9M, 2023-12-30 $60.9M, 2024-12-28 $88.8M, 2025-12-27 $114M. Net income: 2021-12-25 $-38.3M, 2022-12-31 $-16.4M, 2023-12-30 $-9.6M, 2024-12-28 $17.3M, 2025-12-27 $40.3M. Free cash flow: 2021-12-25 $-161.8M, 2022-12-31 $49.4M, 2023-12-30 $172.3M, 2024-12-28 $98.1M, 2025-12-27 $35.1M

Growth heatmap

2022202320242025CAGR
Revenue
+4.9%
-1.6%
+4.6%
+5.4%
+3.3%
Gross profit
+15.8%
-1.0%
-232.0%
-4.1%
No data
Operating income
+286.8%
+52.7%
+45.7%
+28.3%
+82.2%
Free cash flow
+130.5%
+248.6%
-43.0%
-64.2%
No data

Earnings quality

Operating cash flow
$105.2M−42.6% YoY
Net income
$40.3M+133.6% YoY
Free cash flow
$35.1M−64.2% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-27 261%, 2024-12-28 1063%, 2023-12-30 -2482%, 2022-12-31 -724%, 2021-12-25 288%. Free cash flow: 2025-12-27 87%, 2024-12-28 569%, 2023-12-30 -1796%, 2022-12-31 -301%, 2021-12-25 422%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
No data
Diluted shares
Latest
No data

Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
No dataNo data
Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
No dataNo data
Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
No data
No data
No data
Price to sales
No data
No data
No data
No data
EV / EBITDA
No data
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Free cash flow yield
No data
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