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HILLMAN SOLUTIONS CORP.

CIK: 1822492 SIC: 3420
$1.55B
Revenue
$40.30M
Net Income
48.73%
Gross Margin
7.34%
Op. Margin
$23.65M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 5 annual reports available (2021 - 2025)
Breakdown TTM
(Dec 27, 2025)
FY 2025
(Dec 27, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $1.55B $1.55B $1.47B $1.48B $1.49B $1.43B
Revenue Growth % 0.0% 5.4% -0.3% -0.7% 4.2% nan%
Cost of Revenue $795.88M $795.88M $764.69M $828.96M $846.55M $859.56M
+ Gross Profit $756.35M $756.35M $707.90M $647.52M $639.78M $566.41M
Gross Margin % 48.7% 48.7% 48.1% 43.9% 43.0% 39.7%
Research & Development - $1.36M - - - -
Selling General & Admin $502.00M $502.00M $488.70M $452.11M $480.99M $437.88M
+ Operating Income $113.97M $113.97M $88.80M $60.93M $39.89M $10.31M
Operating Margin % 7.3% 7.3% 6.0% 4.1% 2.7% 0.7%
Interest Expense $93.32M $50.42M - - - -
Income Before Tax $56.60M $56.60M $26.55M $-7.38M $-14.67M $-50.12M
Income Tax Expense $16.29M $16.29M $9.30M $2.21M $1.77M $-11.78M
+ Net Income $40.30M $40.30M $17.25M $-9.59M $-16.44M $-38.33M
Net Margin % 2.6% 2.6% 1.2% -0.6% -1.1% -2.7%
Basic EPS 0.20 0.20 0.09 -0.05 -0.08 -0.28
Diluted EPS nan 0.20 0.09 -0.05 -0.08 nan
Basic Shares Outstanding - 197.5M 196.1M 194.7M 194.2M 134.7M
Diluted Shares Outstanding - 199.5M 198.9M 194.7M 194.2M -
Breakdown FY 2025
(Dec 27, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $27.28M $44.51M $38.55M $31.08M $14.61M
Accounts Receivable $114.93M $109.79M $103.48M $86.98M $107.21M
Inventory $485.94M $403.67M $382.71M $489.33M $533.53M
Other Current Assets $18.34M $15.21M $23.23M $24.23M $12.96M
Total Current Assets $646.48M $573.18M $547.98M $631.62M $668.31M
Property Plant & Equipment $231.48M $224.17M $200.55M $190.26M $174.31M
Goodwill $830.75M $828.55M $825.04M $823.81M $825.37M
Intangible Assets $546.17M $605.86M $655.29M $734.46M $794.70M
Other Non-current Assets $26.16M $17.02M $14.75M $23.59M $16.64M
Total Assets $2.36B $2.33B $2.33B $2.47B $2.56B
Accounts Payable $141.66M $139.06M $140.29M $131.75M $186.13M
Total Current Liabilities $257.56M $253.73M $223.12M $215.41M $277.30M
Long-term Debt $673.83M $691.73M $731.71M $884.64M $906.53M
Deferred Tax Liabilities $131.87M $124.61M $131.55M $140.09M $137.76M
Other Non-current Liabilities $6.46M $6.59M $10.20M $12.46M $16.76M
Total Liabilities $1.13B $1.15B $1.18B $1.31B $1.41B
Retained Earnings $-178.65M $-218.95M $-236.21M $-226.62M $-210.18M
Total Stockholders Equity $1.23B $1.18B $1.15B $1.16B $1.15B
Total Liabilities & Equity $2.36B $2.33B $2.33B $2.47B $2.56B
Breakdown TTM
(Dec 27, 2025)
FY 2025
(Dec 27, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $39.99M $40.30M $17.25M $-9.59M $-16.44M $-38.33M
Depreciation & Amortization $245.83M $141.10M $130.04M $121.64M $120.01M $120.73M
Stock-based Compensation $17.52M $14.25M $13.46M $12.00M $13.52M $15.26M
Deferred Income Tax $3.92M $8.00M - - - -
Change in Receivables $59.64M $4.12M $4.54M $15.90M $-19.89M $-15.15M
Change in Inventory $92.92M $79.43M $-8.71M $-103.66M $-38.81M $137.85M
Change in Payables $42.04M $1.69M $-7.78M $8.03M $-53.76M $-20.25M
Operating Cash Flow $152.58M $105.19M $183.34M $238.03M $119.01M $-110.25M
Capital Expenditure $128.93M $70.10M $85.22M $65.77M $69.59M $51.55M
Acquisitions - - $57.90M $1.70M $2.50M $38.90M
Investing Cash Flow $-129.36M $-70.35M $-143.40M $-67.85M $-72.82M $-90.45M
Stock Issued - - - - - $363.30M
Stock Repurchased - $12.42M - - - -
Financing Cash Flow $-58.24M $-52.22M $-39.27M $-161.98M $-28.72M $193.33M
Net Change in Cash $-35.76M $-17.23M $5.96M $7.47M $16.48M $-6.92M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $424.94M - $1.19B -
Cost of Revenue $205.38M - $604.46M -
Selling General & Admin $138.34M - $381.10M -
Operating Income $45.90M - $97.24M -
Interest Expense - - $39.93M -
Income Before Tax $31.21M - $53.29M -
Income Tax Expense $8.02M - $14.58M -
Net Income $23.19M $12.54M $38.71M -
Basic EPS 0.12 - 0.20 -
Basic Shares Outstanding $197.75M - $197.54M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $37.73M $44.51M
Accounts Receivable $144.93M $109.79M
Inventory $460.09M $403.67M
Other Current Assets $28.38M $15.21M
Total Current Assets $671.13M $573.18M
Property Plant & Equipment $235.11M $224.17M
Goodwill $830.10M $828.55M
Intangible Assets $560.94M $605.86M
Other Non-current Assets $20.42M $17.02M
Total Assets $2.40B $2.33B
Accounts Payable $162.36M $139.06M
Total Current Liabilities $273.19M $253.73M
Long-term Debt $683.20M $691.73M
Deferred Tax Liabilities $135.58M $124.61M
Other Non-current Liabilities $7.05M $6.59M
Total Liabilities $1.17B $1.15B
Common Stock $20.00K $20.00K
Retained Earnings $-180.24M $-218.95M
Total Stockholders Equity $1.23B $1.18B
Total Liabilities & Equity $2.40B $2.33B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $23.19M $12.54M $38.71M -
Depreciation & Amortization - - $105.28M -
Stock-based Compensation $3.90M - $10.74M -
Deferred Income Tax - - $9.79M -
Change in Receivables - - $34.72M -
Change in Inventory - - $53.92M -
Change in Payables - - $22.57M -
Operating Cash Flow - - $74.29M -
Capital Expenditure - - $55.35M -
Acquisitions - - - -
Investing Cash Flow - - $-55.50M -
Stock Repurchased - - $3.17M -
Financing Cash Flow - - $-25.59M -
Net Change in Cash - - $-6.78M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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