HLMN Hillman Solutions Corp.

Overview and Growth

Hillman Solutions Corp. generated $1.55B of revenue in fiscal 2025, with net income of $40.30M and an operating cash inflow of $105.19M. The $1.55B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $1.47B in fiscal 2024, revenue recorded a 5.4% year-over-year increase. The company reported diluted EPS of $0.20, adding a shareholder-level measure to the absolute income figures considered below. Against diluted EPS of $0.09 in fiscal 2024, the current result was 122.2% higher. Revenue equaled 0.66x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

The first profit layer was $756.35M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 48.7% of revenue, quantifying the portion retained before operating expenses were recognized. The reported operating result was $113.97M, capturing profitability after direct costs and the operating expenses reflected in the statements. The operating result equaled 7.3% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. Net income came to $40.30M, completing the progression from revenue through gross and operating profitability to the final reported result. Measured against reported revenue, net income produced a 2.6% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $56.60M of earnings, providing a bridge between the operating result and final net income. The pretax margin was 3.6%, relating income before taxes directly to revenue. Income tax expense totaled $16.29M, providing the reported tax component that separates pretax and after-tax earnings. The income-tax provision equaled 28.8% of pretax income, showing the tax burden absorbed by the year’s earnings.

Liquidity and Capital Structure

Total assets were $2.36B, supported by $1.13B of liabilities and $1.23B of shareholder equity. At period end, current assets of $646.48M compared with current liabilities of $257.56M, defining the company’s short-term resource position. At 2.51x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $27.28M in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 10.6% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The company carried $668.34M of total debt at period end, which frames its leverage and debt-service burden. Against book equity, debt measured 0.54x, placing the company’s financial leverage in clear balance-sheet terms. Relative to total assets, debt measured 28.4%, showing how much of the asset base was matched by borrowing. The liabilities-to-assets relationship was 47.9%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 1.2%, comparing reported cash and equivalents with the full positive asset balance.

Cash Flow and Earnings Quality

Cash flow from operations was $105.19M, a reported cash inflow that can be compared directly with net income and capital spending. Against net income, operating cash flow measured 2.61x, showing the relationship between accrual earnings and operating cash. Capital expenditures used $70.10M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital spending absorbed 66.6% of operating cash flow, quantifying the share of cash from operations directed to investment. After capital spending, free cash flow was $35.09M, leaving cash available for debt reduction, shareholder returns, or further investment. Free cash flow represented 2.3% of revenue, linking post-investment cash generation with the company’s operating scale. Measured against total assets, free cash flow represented 1.5%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 27, 2025. Analysis generated Oct 21, 2026.