HLIOHelios Technologies, Inc.

$74.90

Is the business good?

How good a business is HLIO?

Helios Technologies, Inc. earns 5.6% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

5.6%

Return on invested capital · cost of capital 9.0% · 3.4 points below what the capital costs: growth destroys value

Operating margin
9.0%

Operating margin · Specialty Industrial Machinery median 15% · 12 months to Q1 2026

Cash conversion
1.77×

Cash conversion · 2.58× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−0.30%

Share count, year on year · flat: no meaningful dilution

Operating margin by fiscal year
YearOperating margin
FY20206.8%
FY202117%
FY202216%
FY20239.6%
FY202410%
FY20257.9%
Details
Gross margin12 months to Q1 2026
33%
Operating margin12 months to Q1 2026
9.0%
Net margin12 months to Q1 2026
7.0%
Free cash flow margin
12%
Revenue, trailing twelve months
$872M
Free cash flow, trailing twelve months
$108M
Net income, trailing twelve months
$61M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
5.6%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.