Holley Inc Financials
Holley Inc (HLLY) reported $613.5M in revenue for fiscal year 2025, up 1.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Margin recovery, not sales growth, is driving Holley’s rebound, while debt service still limits what reaches shareholders.
With sales barely changed from FY2024, operating margin rebounded from2.4% to13.4% , so the recovery came from margin repair rather than a broad demand surge. Debt service still absorbs much of that gain, because FY2025 interest expense of$51.8M against operating income of$82.5M left only a thin layer of earnings for shareholders. That makes FY2025 look more like a profitability normalization than a volume-led rebound.
Cash conversion was better than net income suggests: FY2025 operating cash flow was
The balance sheet is improving, but it still shapes profitability: long-term debt fell from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Holley Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Holley Inc has an operating margin of 13.4%, meaning the company retains $13 of operating profit per $100 of revenue. This strong profitability earns a score of 68/100, reflecting efficient cost management and pricing power. This is up from 2.4% the prior year.
Holley Inc's revenue grew a modest 1.9% year-over-year to $613.5M. This slow but positive growth earns a score of 21/100.
Holley Inc has elevated debt relative to equity (D/E of 1.15), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 12/100, reflecting increased financial risk.
With a current ratio of 2.75, Holley Inc holds $2.75 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 73/100.
Holley Inc has a free cash flow margin of 5.5%, earning a moderate score of 58/100. The company generates positive cash flow after capital investments, but with room for improvement.
Holley Inc's ROE of 4.3% shows moderate profitability relative to equity, earning a score of 55/100. This is up from -5.5% the prior year.
Holley Inc scores 1.34, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Holley Inc passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Holley Inc generates $2.41 in operating cash flow ($46.2M OCF vs $19.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Holley Inc earns $1.59 in operating income for every $1 of interest expense ($82.5M vs $51.8M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Holley Inc generated $613.5M in revenue in fiscal year 2025. This represents an increase of 1.9% from the prior year.
Holley Inc's EBITDA was $106.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 171.0% from the prior year.
Holley Inc reported $19.2M in net income in fiscal year 2025. This represents an increase of 182.5% from the prior year.
Holley Inc earned $0.16 per diluted share (EPS) in fiscal year 2025. This represents an increase of 180.0% from the prior year.
Cash & Balance Sheet
Holley Inc generated $33.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 15.5% from the prior year.
Holley Inc held $37.2M in cash against $516.1M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Holley Inc's gross margin was 43.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 3.8 percentage points from the prior year.
Holley Inc's operating margin was 13.4% in fiscal year 2025, reflecting core business profitability. This is up 11.0 percentage points from the prior year.
Holley Inc's net profit margin was 3.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 7.0 percentage points from the prior year.
Holley Inc's ROE was 4.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 9.8 percentage points from the prior year.
Capital Allocation
Holley Inc invested $18.8M in research and development in fiscal year 2025. This represents an increase of 0.6% from the prior year.
Holley Inc invested $12.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 81.1% from the prior year.
Not reported for fiscal year 2025.
HLLY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $613.1M | $613.5M+1.9% | $602.2M-8.7% | $659.7M-4.2% | $688.4M-0.6% | $692.8M+37.4% | $504.2M+36.8% | $368.7M |
| Cost of Revenue | $349.3M | $347.3M-4.5% | $363.7M-9.9% | $403.6M-7.2% | $434.8M+7.1% | $406.0M+37.2% | $295.9M+34.6% | $219.9M |
| Gross Profit | $263.9M | $266.2M+11.6% | $238.5M-6.9% | $256.1M+1.0% | $253.7M-11.6% | $286.8M+37.7% | $208.2M+40.0% | $148.8M |
| R&D Expenses | $17.4M | $18.8M+0.6% | $18.7M-21.5% | $23.8M-18.0% | $29.1M+2.8% | $28.3M+20.4% | $23.5M+13.8% | $20.6M |
| SG&A Expenses | $152.3M | $146.1M+10.6% | $132.1M+9.9% | $120.2M-20.2% | $150.7M+29.1% | $116.8M+64.8% | $70.9M+13.6% | $62.4M |
| Operating Income | $55.9M | $82.5M+462.3% | $14.7M-84.4% | $94.0M+85.3% | $50.7M-34.5% | $77.5M-9.3% | $85.5M+85.5% | $46.1M |
| Interest Expense | $40.9M | $51.8M+2.3% | $50.7M-16.6% | $60.7M+51.0% | $40.2M+2.8% | $39.1M-10.6% | $43.8M-13.1% | $50.4M |
| Income Tax | $5.6M | $9.5M+412.7% | -$3.0M-136.0% | $8.4M+86.9% | $4.5M-56.9% | $10.4M+18.2% | $8.8M+281.1% | -$4.9M |
| Net Income | $10.3M | $19.2M+182.5% | -$23.2M-221.1% | $19.2M-74.0% | $73.8M+371.8% | -$27.1M-182.6% | $32.9M+5756.9% | $561K |
| EPS (Diluted) | — | $0.16+180.0% | -$0.20-225.0% | $0.16 | $0.14 | -$0.30-161.2% | $0.49+4800.0% | $0.01 |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
HLLY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Total Assets | $1.2B+2.7% | $1.1B-5.8% | $1.2B-3.7% | $1.2B+4.7% | $1.2B+12.0% | $1.1B | N/A |
| Current Assets | $316.2M+6.3% | $297.3M0.0% | $297.4M-8.5% | $325.0M+11.4% | $291.7M+13.1% | $258.0M | N/A |
| Cash & Equivalents | $37.2M-33.6% | $56.1M+36.5% | $41.1M+57.1% | $26.1M-28.0% | $36.3M-49.3% | $71.7M+759.9% | $8.3M |
| Inventory | $205.7M+6.8% | $192.5M+0.1% | $192.3M-17.7% | $233.6M+26.2% | $185.0M+38.2% | $133.9M | N/A |
| Accounts Receivable | N/A | $36.1M-25.3% | $48.4M | N/A | N/A | $47.3M | N/A |
| Goodwill | $372.3M0.0% | $372.3M-11.1% | $419.1M+0.2% | $418.1M+1.6% | $411.4M+14.6% | $359.1M+20.7% | $297.6M |
| Total Liabilities | $715.0M+0.4% | $712.2M-6.6% | $762.2M-8.6% | $833.7M-6.2% | $888.6M+7.7% | $824.9M | N/A |
| Current Liabilities | $115.1M+21.0% | $95.2M+1.5% | $93.7M-7.4% | $101.3M+10.3% | $91.8M+11.9% | $82.0M | N/A |
| Long-Term Debt | $516.1M-5.4% | $545.4M-5.4% | $576.7M-10.4% | $643.6M+0.9% | $637.7M-1.8% | $649.5M | N/A |
| Total Equity | $448.9M+6.6% | $421.2M-4.5% | $441.2M+6.0% | $416.0M+36.6% | $304.5M+26.7% | $240.4M+17.0% | $205.4M |
| Retained Earnings | $63.9M+42.9% | $44.7M-34.2% | $68.0M+39.3% | $48.8M+295.4% | -$25.0M-1253.5% | $2.2M | N/A |
HLLY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $57.8M | $46.2M-1.4% | $46.9M-46.8% | $88.1M+615.5% | $12.3M-43.0% | $21.6M-75.6% | $88.4M+838.8% | $9.4M |
| Capital Expenditures | $14.2M | $12.3M+81.1% | $6.8M+14.7% | $5.9M-56.3% | $13.6M-10.8% | $15.2M+61.5% | $9.4M+27.1% | $7.4M |
| Free Cash Flow | $43.7M | $33.9M-15.5% | $40.1M-51.2% | $82.2M+6528.6% | -$1.3M-120.1% | $6.3M-92.0% | $79.0M+3854.9% | $2.0M |
| Investing Cash Flow | -$17.4M | -$32.2M-1694.7% | $2.0M+145.4% | -$4.5M+82.2% | -$25.0M+81.3% | -$134.1M+19.0% | -$165.6M-1043.8% | -$14.5M |
| Financing Cash Flow | -$34.3M | -$32.6M+5.8% | -$34.6M+49.9% | -$69.0M-2521.3% | $2.9M-96.3% | $77.2M-45.1% | $140.5M+5676.6% | $2.4M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
HLLY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 43.4%+3.8pp | 39.6%+0.8pp | 38.8%+2.0pp | 36.9%-4.5pp | 41.4%+0.1pp | 41.3%+0.9pp | 40.4% |
| Operating Margin | 13.4%+11.0pp | 2.4%-11.8pp | 14.2%+6.9pp | 7.4%-3.8pp | 11.2%-5.8pp | 17.0%+4.5pp | 12.5% |
| Net Margin | 3.1%+7.0pp | -3.9%-6.8pp | 2.9%-7.8pp | 10.7%+14.6pp | -3.9%-10.4pp | 6.5%+6.4pp | 0.1% |
| Return on Equity | 4.3%+9.8pp | -5.5%-9.9pp | 4.3%-13.4pp | 17.7%+26.6pp | -8.9%-22.6pp | 13.7%+13.4pp | 0.3% |
| Return on Assets | 1.7%+3.7pp | -2.1%-3.6pp | 1.6%-4.3pp | 5.9%+8.2pp | -2.3%-5.4pp | 3.1% | N/A |
| Current Ratio | 2.75-0.4x | 3.120.0x | 3.170.0x | 3.210.0x | 3.180.0x | 3.15 | N/A |
| Debt-to-Equity | 1.15-0.1x | 1.290.0x | 1.31-0.2x | 1.55-0.5x | 2.09-0.6x | 2.70 | N/A |
| FCF Margin | 5.5%-1.1pp | 6.7%-5.8pp | 12.4%+12.6pp | -0.2%-1.1pp | 0.9%-14.8pp | 15.7%+15.1pp | 0.5% |
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Where Holley Inc Ranks
Frequently Asked Questions
What is Holley Inc's annual revenue?
Holley Inc (HLLY) reported $613.5M in total revenue for fiscal year 2025. This represents a 1.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Holley Inc's revenue growing?
Holley Inc (HLLY) revenue grew by 1.9% year-over-year, from $602.2M to $613.5M in fiscal year 2025.
Is Holley Inc profitable?
Yes, Holley Inc (HLLY) reported a net income of $19.2M in fiscal year 2025, with a net profit margin of 3.1%.
What is Holley Inc's EBITDA?
Holley Inc (HLLY) had EBITDA of $106.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Holley Inc have?
As of fiscal year 2025, Holley Inc (HLLY) had $37.2M in cash and equivalents against $516.1M in long-term debt.
What is Holley Inc's gross margin?
Holley Inc (HLLY) had a gross margin of 43.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Holley Inc's operating margin?
Holley Inc (HLLY) had an operating margin of 13.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Holley Inc's net profit margin?
Holley Inc (HLLY) had a net profit margin of 3.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Holley Inc's return on equity (ROE)?
Holley Inc (HLLY) has a return on equity of 4.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Holley Inc's free cash flow?
Holley Inc (HLLY) generated $33.9M in free cash flow during fiscal year 2025. This represents a -15.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Holley Inc's operating cash flow?
Holley Inc (HLLY) generated $46.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Holley Inc's total assets?
Holley Inc (HLLY) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Holley Inc's capital expenditures?
Holley Inc (HLLY) invested $12.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Holley Inc spend on research and development?
Holley Inc (HLLY) invested $18.8M in research and development during fiscal year 2025.
What is Holley Inc's current ratio?
Holley Inc (HLLY) had a current ratio of 2.75 as of fiscal year 2025, which is generally considered healthy.
What is Holley Inc's debt-to-equity ratio?
Holley Inc (HLLY) had a debt-to-equity ratio of 1.15 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Holley Inc's return on assets (ROA)?
Holley Inc (HLLY) had a return on assets of 1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Holley Inc's Altman Z-Score?
Holley Inc (HLLY) has an Altman Z-Score of 1.34, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Holley Inc's Piotroski F-Score?
Holley Inc (HLLY) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Holley Inc's earnings high quality?
Holley Inc (HLLY) has an earnings quality ratio of 2.41x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Holley Inc cover its interest payments?
Holley Inc (HLLY) has an interest coverage ratio of 1.59x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Holley Inc?
Holley Inc (HLLY) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.