Latest Ratios: P/E Ratio 10.9x · EV/EBITDA 6.6x · ROE 15.2%. (2015–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $287M | $221M | $235M | $246M | $173M | $200M | $240M | $262M | $322M | $352M | — |
| Enterprise Value | $281M | $216M | $284M | $329M | $336M | $296M | $336M | $319M | $362M | $392M | — |
| P/E Ratio → | 10.94 | 8.44 | 7.65 | 9.72 | 6.85 | 9.39 | 5.20 | — | 14.75 | 22.15 | — |
| P/S Ratio | 0.47 | 0.36 | 0.36 | 0.39 | 0.27 | 0.30 | 0.40 | 0.43 | 0.43 | 0.47 | — |
| P/B Ratio | 1.57 | 1.21 | 1.42 | 1.67 | 1.39 | 1.96 | 3.00 | 7.23 | 4.92 | 7.58 | — |
| P/FCF | 25.96 | 20.05 | 3.78 | 2.89 | — | 33.27 | — | 4946.54 | 85.95 | 13.49 | — |
| P/OCF | 20.74 | 16.02 | 3.59 | 2.77 | — | 11.20 | — | 62.79 | 27.24 | 10.51 | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.36 | 0.43 | 0.53 | 0.52 | 0.45 | 0.56 | 0.52 | 0.49 | 0.53 | — |
| EV / EBITDA | 6.62 | 5.08 | 5.91 | 8.33 | 7.69 | 8.11 | 8.13 | 10.34 | 9.90 | 8.96 | — |
| EV / EBIT | 7.68 | 5.96 | 8.34 | 9.47 | 9.08 | 9.30 | 9.41 | 11.73 | 10.85 | 10.36 | — |
| EV / FCF | — | 19.56 | 4.56 | 3.86 | — | 49.18 | — | 6009.84 | 96.69 | 15.04 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.7% | 25.7% | 26.0% | 23.0% | 20.1% | 20.7% | 23.0% | 21.0% | 25.4% | 26.2% | 26.0% |
| Operating Margin | 6.0% | 6.0% | 6.6% | 5.6% | 6.1% | 4.8% | 6.2% | 4.4% | 4.3% | 5.1% | 5.8% |
| Net Profit Margin | 4.4% | 4.4% | 4.7% | 4.0% | 3.9% | 3.2% | 7.7% | -2.2% | 2.9% | 2.4% | 3.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.2% | 15.2% | 19.6% | 18.6% | 22.3% | 23.4% | 79.5% | -26.6% | 39.0% | 32.1% | 35.4% |
| ROA | 6.5% | 6.5% | 7.7% | 6.5% | 6.6% | 5.5% | 13.6% | -4.4% | 6.6% | 5.6% | 8.4% |
| ROIC | 14.0% | 14.0% | 14.6% | 10.2% | 12.0% | 12.6% | 20.9% | 20.3% | 25.2% | 31.9% | 30.0% |
| ROCE | 13.7% | 13.7% | 17.1% | 13.2% | 15.3% | 15.4% | 26.8% | 25.4% | 29.5% | 35.3% | 30.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.23 | 0.23 | 0.57 | 0.67 | 1.31 | 0.95 | 1.23 | 1.61 | 0.71 | 1.11 | 0.59 |
| Debt / EBITDA | 0.99 | 0.99 | 1.96 | 2.49 | 3.75 | 2.66 | 2.38 | 1.90 | 1.27 | 1.17 | 0.78 |
| Net Debt / Equity | — | -0.03 | 0.29 | 0.56 | 1.31 | 0.94 | 1.20 | 1.55 | 0.62 | 0.87 | 0.42 |
| Net Debt / EBITDA | -0.13 | -0.13 | 1.01 | 2.10 | 3.72 | 2.63 | 2.32 | 1.83 | 1.10 | 0.92 | 0.55 |
| Debt / FCF | — | -0.49 | 0.78 | 0.97 | — | 15.92 | — | 1063.30 | 10.74 | 1.55 | 0.48 |
| Interest Coverage | 64.76 | 64.76 | 55.45 | 11.57 | 8.07 | 11.15 | 17.88 | 9.13 | 11.45 | 24.07 | 31.57 |
Net cash position: cash ($47M) exceeds total debt ($42M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.47 | 2.47 | 1.97 | 2.05 | 2.80 | 1.94 | 1.69 | 1.18 | 1.34 | 1.16 | 1.33 |
| Quick Ratio | 1.39 | 1.39 | 1.16 | 1.15 | 1.27 | 0.82 | 0.82 | 0.63 | 0.65 | 0.58 | 0.65 |
| Cash Ratio | 0.38 | 0.38 | 0.30 | 0.11 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.05 | 0.06 |
| Asset Turnover | — | 1.53 | 1.58 | 1.63 | 1.65 | 1.72 | 1.54 | 2.12 | 2.25 | 2.27 | 2.40 |
| Inventory Turnover | 3.37 | 3.37 | 3.88 | 3.81 | 3.28 | 2.85 | 2.67 | 4.40 | 3.83 | 4.06 | 4.30 |
| Days Sales Outstanding | — | 66.48 | 65.27 | 79.01 | 65.57 | 66.29 | 87.54 | 64.66 | 48.31 | 56.22 | 50.96 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.2% | 2.9% | 2.7% | 2.5% | 3.3% | 2.7% | 2.1% | 1.9% | 1.4% | 11.1% | — |
| Payout Ratio | 24.3% | 24.3% | 20.5% | 24.1% | 22.9% | 25.7% | 10.9% | — | 21.4% | 218.7% | 160.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.1% | 11.9% | 13.1% | 10.3% | 14.6% | 10.7% | 19.2% | — | 6.8% | 4.5% | — |
| FCF Yield | 3.9% | 5.0% | 26.5% | 34.7% | — | 3.0% | — | 0.0% | 1.2% | 7.4% | — |
| Buyback Yield | 3.1% | 4.1% | 6.0% | 1.3% | 1.7% | 0.0% | 0.0% | 2.3% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 5.4% | 7.0% | 8.7% | 3.7% | 5.1% | 2.7% | 2.1% | 4.1% | 1.4% | 11.1% | — |
| Shares Outstanding | — | $13M | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $14M |
Retailer inventory cycle volatility
According to current market data, HBB trades at a P/E of 10.77 and an EV/EBITDA of 6.51, suggesting that investors are pricing in a low-growth, value-oriented outlook that significantly trails the multiples assigned to innovation-led peers within the broader consumer cyclical appliance sector.
The current valuation appears to reflect a market skepticism regarding the company's ability to drive organic growth beyond the replacement cycle. While the low EV/EBITDA multiple may suggest an attractive entry point, it likely accounts for the structural margin pressures and the lack of a high-growth R&D pipeline compared to more aggressive competitors.
Based on historical financial statements, HBB's ROIC has struggled to maintain momentum, frequently dipping toward low single digits, which indicates that the company is currently failing to compound capital effectively in an environment characterized by high inventory carrying costs and inconsistent operating margins.
The volatility in ROIC, which reached a peak of 10.4% in 2025Q4 but collapsed to 2.1% in 2026Q1, highlights the sensitivity of returns to seasonal retail demand. This trend suggests that the company's capital allocation strategy is currently defensive, prioritizing balance sheet preservation over the pursuit of high-return growth initiatives.
As reported in recent quarterly filings, the cash conversion cycle has shown significant instability, peaking at 131 days in 2026Q1, which underscores the company's vulnerability to retail inventory destocking cycles and the inherent difficulty in managing supplier leverage within the small domestic appliance industry.
The elevated days inventory outstanding (DIO) of 139 days in 2026Q1 suggests that HBB is carrying substantial inventory burdens that tie up cash and increase the risk of obsolescence. Investors should monitor whether these efficiency metrics improve as the company normalizes its supply chain and retail inventory levels post-pandemic.
According to the latest balance sheet data, HBB maintains a disciplined debt-to-equity ratio of 0.22, which provides a significant safety margin and suggests that the company is well-positioned to navigate potential sector-wide downturns without the immediate pressure of aggressive debt service obligations.
The low leverage profile is a structural strength that mitigates refinancing risk, though it may also indicate an under-utilization of the balance sheet for strategic growth. This conservative posture appears to be a deliberate management choice to offset the inherent volatility of the consumer cyclical business model.
Investors frequently misapply the P/E ratio to HBB, as the metric obscures the extreme seasonality of the business and the significant impact of non-recurring working capital adjustments on net income, which often leads to a distorted view of the company's true underlying earning power.
A more appropriate metric for this business model would be an adjusted EV/EBITDA or a normalized free cash flow yield that accounts for the cyclical nature of retail load-ins. Relying on P/E ignores the fact that a large portion of annual earnings is concentrated in the fourth quarter, making quarterly P/E snapshots largely unrepresentative of annual performance.
Includes 30+ ratios · 11 years · Updated daily
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Quick answers to the most common questions about buying HBB stock.
Hamilton Beach Brands Holding Company's current P/E ratio is 10.9x. The historical average is 10.5x. This places it at the 75th percentile of its historical range.
Hamilton Beach Brands Holding Company's current EV/EBITDA is 6.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.1x.
Hamilton Beach Brands Holding Company's return on equity (ROE) is 15.2%. The historical average is 25.6%.
Based on historical data, Hamilton Beach Brands Holding Company is trading at a P/E of 10.9x. This is at the 75th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Hamilton Beach Brands Holding Company's current dividend yield is 2.24% with a payout ratio of 24.3%.
Hamilton Beach Brands Holding Company has 25.7% gross margin and 6.0% operating margin.
Hamilton Beach Brands Holding Company's Debt/EBITDA ratio is 1.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.