Latest Ratios: P/E Ratio 55.2x · EV/EBITDA 20.8x · ROE 5.4%. (1996–2025 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 | $2.6B | $1.8B | $1.5B | $1.5B | $1.8B | $3.4B | $1.7B | $1.5B | $1.0B | $1.7B | $1.1B |
| Enterprise Value | $2.7B | $1.9B | $1.9B | $2.0B | $2.2B | $3.9B | $2.2B | $1.8B | $1.4B | $1.8B | $1.1B |
| P/E Ratio → | 55.18 | 37.73 | 38.44 | 39.78 | 18.03 | 32.66 | 121.11 | 24.59 | 22.28 | 55.29 | 45.94 |
| P/S Ratio | 3.15 | 2.17 | 1.86 | 1.79 | 2.00 | 3.93 | 3.27 | 2.67 | 2.05 | 5.10 | 5.46 |
| P/B Ratio | 2.86 | 1.96 | 1.73 | 1.75 | 2.23 | 4.82 | 2.81 | 2.56 | 1.96 | 6.41 | 4.55 |
| P/FCF | 25.52 | 17.59 | 15.75 | 34.40 | 22.75 | 39.58 | 18.37 | 22.61 | 21.18 | 64.34 | 34.57 |
| P/OCF | 20.77 | 14.31 | 12.27 | 17.84 | 16.15 | 30.20 | 15.75 | 16.36 | 13.42 | 35.41 | 27.91 |
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 | — | 2.22 | 2.39 | 2.41 | 2.48 | 4.44 | 4.15 | 3.20 | 2.69 | 5.25 | 5.79 |
| EV / EBITDA | 20.79 | 14.42 | 13.22 | 14.01 | 11.62 | 18.94 | 28.92 | 14.18 | 11.87 | 22.32 | 24.92 |
| EV / EBIT | 40.64 | 22.06 | 22.83 | 25.03 | 15.85 | 26.05 | 58.23 | 19.59 | 19.47 | 28.80 | 33.10 |
| EV / FCF | — | 17.95 | 20.24 | 46.27 | 28.15 | 44.71 | 23.33 | 27.14 | 27.89 | 66.26 | 36.69 |
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 | 32.3% | 32.3% | 31.3% | 31.3% | 33.7% | 36.0% | 37.5% | 38.3% | 37.9% | 39.8% | 36.2% |
| Operating Margin | 7.9% | 7.9% | 10.2% | 9.6% | 15.5% | 17.2% | 6.8% | 16.2% | 14.9% | 17.9% | 17.5% |
| Net Profit Margin | 5.8% | 5.8% | 4.8% | 4.5% | 11.1% | 12.0% | 2.7% | 10.9% | 9.2% | 9.2% | 11.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.4% | 5.4% | 4.5% | 4.5% | 13.1% | 15.9% | 2.4% | 10.9% | 11.6% | 12.4% | 10.2% |
| ROA | 3.2% | 3.2% | 2.5% | 2.5% | 6.8% | 7.7% | 1.2% | 5.8% | 6.2% | 7.0% | 6.8% |
| ROIC | 4.4% | 4.4% | 4.6% | 4.6% | 8.7% | 10.1% | 2.7% | 7.8% | 9.6% | 14.7% | 11.7% |
| ROCE | 4.8% | 4.8% | 5.8% | 5.8% | 10.7% | 12.4% | 3.3% | 9.5% | 11.1% | 14.9% | 10.7% |
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 | 0.12 | 0.12 | 0.55 | 0.64 | 0.58 | 0.66 | 0.80 | 0.55 | 0.66 | 0.43 | 0.59 |
| Debt / EBITDA | 0.86 | 0.86 | 3.24 | 3.82 | 2.46 | 2.31 | 6.49 | 2.54 | 3.06 | 1.44 | 3.06 |
| Net Debt / Equity | — | 0.04 | 0.49 | 0.60 | 0.53 | 0.62 | 0.76 | 0.51 | 0.62 | 0.19 | 0.28 |
| Net Debt / EBITDA | 0.29 | 0.29 | 2.93 | 3.59 | 2.23 | 2.17 | 6.15 | 2.37 | 2.86 | 0.65 | 1.44 |
| Debt / FCF | — | 0.37 | 4.49 | 11.86 | 5.40 | 5.13 | 4.96 | 4.53 | 6.71 | 1.92 | 2.12 |
| Interest Coverage | 3.85 | 3.85 | 2.49 | 2.58 | 8.29 | 8.76 | 2.80 | 5.89 | 5.06 | 16.54 | 43.62 |
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 | 2.90 | 2.90 | 2.77 | 2.74 | 2.55 | 2.07 | 1.98 | 2.52 | 2.12 | 3.20 | 4.55 |
| Quick Ratio | 1.58 | 1.58 | 1.40 | 1.25 | 1.29 | 1.10 | 1.12 | 1.40 | 1.19 | 2.29 | 3.58 |
| Cash Ratio | 0.51 | 0.51 | 0.32 | 0.22 | 0.29 | 0.17 | 0.20 | 0.29 | 0.25 | 1.39 | 2.61 |
| Asset Turnover | — | 0.55 | 0.54 | 0.53 | 0.60 | 0.61 | 0.40 | 0.54 | 0.49 | 0.75 | 0.44 |
| Inventory Turnover | 3.01 | 3.01 | 2.91 | 2.67 | 3.06 | 3.36 | 2.96 | 4.02 | 3.67 | 4.97 | 4.19 |
| Days Sales Outstanding | — | 50.46 | 54.21 | 51.81 | 53.14 | 57.45 | 70.07 | 45.72 | 54.35 | 39.93 | 48.64 |
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 | 0.5% | 0.7% | 0.8% | 0.8% | 0.7% | 0.3% | 0.7% | 0.8% | 1.1% | 0.6% | 1.0% |
| Payout Ratio | 24.8% | 24.8% | 30.5% | 31.5% | 11.9% | 11.1% | 81.7% | 19.1% | 23.5% | 32.5% | 46.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.8% | 2.7% | 2.6% | 2.5% | 5.5% | 3.1% | 0.8% | 4.1% | 4.5% | 1.8% | 2.2% |
| FCF Yield | 3.9% | 5.7% | 6.3% | 2.9% | 4.4% | 2.5% | 5.4% | 4.4% | 4.7% | 1.6% | 2.9% |
| Buyback Yield | 0.5% | 0.7% | 0.0% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.0% | 1.4% | 0.8% | 0.8% | 0.8% | 0.4% | 0.7% | 0.8% | 1.1% | 0.6% | 1.0% |
| Shares Outstanding | — | $33M | $33M | $33M | $33M | $32M | $32M | $32M | $31M | $27M | $27M |
Cyclical End-Market Exposure
Based on current market data, HLIO trades at a forward P/E of 35.82, which appears elevated relative to its historical earnings volatility and suggests that investors are pricing in a significant recovery in software-integrated electronics that has yet to materialize in the consolidated bottom line.
The current valuation premium, reflected in an EV/EBITDA of 23.47, seems to decouple from the company's recent operating margin compression. This suggests the market may be assigning a technology-like multiple to the electronics segment, potentially overlooking the cyclical sensitivity inherent in the company's broader industrial and recreational end-markets.
As reported in financial statements, the company's ROIC has struggled to maintain momentum, hovering at a modest 2.3 percent in 2026Q1, which indicates that recent capital deployment has not yet generated the returns necessary to exceed the company's likely cost of capital.
The persistent low return on invested capital suggests that the integration of past acquisitions is not yet yielding the expected synergies. Investors should monitor whether management can improve asset utilization, as the current trend appears to reflect a decay in capital efficiency compared to historical performance.
According to recent quarterly filings, the cash conversion cycle remains extended at 114 days in 2026Q1, driven largely by high inventory levels that suggest a cautious approach to supply chain management in the face of volatile OEM production schedules.
The elevated days inventory outstanding, which reached 107 days in the most recent quarter, indicates that the company is carrying significant stock to mitigate potential supply disruptions. This strategy, while protective of the 'Sun' brand availability, ties up capital and limits the company's ability to optimize its cash conversion cycle relative to more lean-focused industrial peers.
Based on an analysis of the business model, the P/E ratio is frequently misapplied to HLIO, as it obscures the significant impact of non-cash amortization charges stemming from the company's aggressive acquisition strategy, which artificially depresses reported GAAP earnings and distorts the true earnings power.
Analysts should instead prioritize EV/EBITDA or cash-flow-based metrics to better capture the underlying operational performance of the combined hydraulics and electronics platforms. Relying solely on P/E may lead to an inaccurate assessment of the company's valuation, as it fails to account for the non-recurring nature of integration-related accounting adjustments.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying HLIO stock.
Helios Technologies, Inc.'s current P/E ratio is 55.2x. The historical average is 29.2x. This places it at the 93th percentile of its historical range.
Helios Technologies, Inc.'s current EV/EBITDA is 20.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.1x.
Helios Technologies, Inc.'s return on equity (ROE) is 5.4%. The historical average is 14.0%.
Based on historical data, Helios Technologies, Inc. is trading at a P/E of 55.2x. This is at the 93th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Helios Technologies, Inc.'s current dividend yield is 0.45% with a payout ratio of 24.8%.
Helios Technologies, Inc. has 32.3% gross margin and 7.9% operating margin.
Helios Technologies, Inc.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.