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Hillman Solutions Corp. (HLMN) Stock Fundamental Analysis & AI Rating 2026

HLMN Nasdaq Cutlery, Handtools & General Hardware DE CIK: 0001822492
Updated This Month • Analysis: Apr 29, 2026 • SEC Data: 2026-03-28
Combined AI Rating
SELL
71% Confidence
AGREEMENT
SELL
78% Conf
HOLD
64% Conf

📊 HLMN Key Takeaways

Revenue: $370.1M
Net Margin: -1.3%
Free Cash Flow: $-34.3M
Current Ratio: 2.95x
Debt/Equity: 0.59x
EPS: $-0.02
AI Rating: SELL with 78% confidence
Hillman Solutions Corp. (HLMN) receives a SELL rating with 71% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $370.1M, net profit margin of -1.3%, and return on equity (ROE) of -0.4%, Hillman Solutions Corp. demonstrates mixed fundamentals in the Market sector. Below is our complete HLMN stock analysis for 2026.

Is Hillman Solutions Corp. (HLMN) a Good Investment?

Claude

Hillman Solutions has achieved extraordinary 2848.9% YoY revenue growth, likely through acquisition, but faces critical operational challenges: the company is unprofitable (net margin -1.3%, ROA -0.2%) with negative operating cash flow (-$19.5M) indicating core operations are cash-consumptive rather than cash-generative. With minimal cash reserves ($27.7M) against $714.1M long-term debt and ongoing cash burn, the company cannot sustain its capital structure without dramatic operational improvement.

ChatGPT

Hillman has scaled to $1.55B revenue with positive operating profitability and moderate leverage, but earnings quality remains modest with thin net margins and low returns on capital. Cash conversion is limited given capex needs, and the low quick ratio signals working-capital dependency. Risk/reward looks balanced until margin expansion and stronger free cash flow are demonstrated alongside clearer interest coverage.

Why Buy Hillman Solutions Corp. Stock? HLMN Key Strengths

Claude
  • + Strong current ratio of 2.95x provides near-term liquidity cushion
  • + Moderate leverage with debt/equity ratio of 0.59x avoids immediate solvency risk
  • + Large asset base ($2.4B) with substantial stockholders' equity ($1.2B) suggests established operations
ChatGPT
  • + Positive operating profitability (7.3% margin; ~$114M OI)
  • + Solid liquidity by current ratio (2.51x) and moderate D/E (0.55x)
  • + Consistent operating cash flow (~$105M) supporting ongoing operations

HLMN Stock Risks: Hillman Solutions Corp. Investment Risks

Claude
  • ! Negative operating cash flow of -$19.5M indicates core business operations are destroying rather than generating cash
  • ! Negative free cash flow of -$34.3M creates unsustainable cash burn requiring continuous external funding
  • ! Extremely thin operating margins (1.9%) and unprofitability despite massive revenue growth suggests failed integration or acquisition overpayment
  • ! Dangerously low cash position ($27.7M) relative to debt levels and ongoing cash consumption rate
  • ! Historical acquisition/integration execution appears poor given inability to achieve profitability at scale
ChatGPT
  • ! Thin net margin (2.6%) and low ROE/ROA signal weak returns
  • ! Low quick ratio (0.62x) indicates inventory-heavy, working-capital risk
  • ! Low cash versus sizable long-term debt; interest coverage unclear

Key Metrics to Watch

Claude
  • * Operating cash flow trend - must turn positive to validate sustainability
  • * Gross profit and gross margin - must be disclosed to assess pricing power and cost structure
  • * Free cash flow improvement pathway - company must demonstrate clear FCF recovery plan
  • * Debt service coverage ratio - critical given leverage and negative cash generation
ChatGPT
  • * Free cash flow margin
  • * Interest coverage

Hillman Solutions Corp. (HLMN) Financial Metrics & Key Ratios

Revenue
$370.1M
Net Income
$-4.7M
EPS (Diluted)
$-0.02
Free Cash Flow
$-34.3M
Total Assets
$2.4B
Cash Position
$27.7M

💡 AI Analyst Insight

Strong liquidity with a 2.95x current ratio provides a solid financial cushion.

HLMN Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 1.9%
Net Margin -1.3%
ROE -0.4%
ROA -0.2%
FCF Margin -9.3%

HLMN vs Market Sector: How Hillman Solutions Corp. Compares

How Hillman Solutions Corp. compares to Market sector averages

Net Margin
HLMN -1.3%
vs
Sector Avg 12.0%
HLMN Sector
ROE
HLMN -0.4%
vs
Sector Avg 15.0%
HLMN Sector
Current Ratio
HLMN 2.9x
vs
Sector Avg 1.8x
HLMN Sector
Debt/Equity
HLMN 0.6x
vs
Sector Avg 0.7x
HLMN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Hillman Solutions Corp. Stock Overvalued? HLMN Valuation Analysis 2026

Based on fundamental analysis, Hillman Solutions Corp. shows some fundamental concerns relative to the Market sector in 2026.

Return on Equity
-0.4%
Sector avg: 15%
Net Profit Margin
-1.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.59x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Hillman Solutions Corp. Balance Sheet: HLMN Debt, Cash & Liquidity

Current Ratio
2.95x
Quick Ratio
0.82x
Debt/Equity
0.59x
Debt/Assets
48.5%
Interest Coverage
N/A
Long-term Debt
$714.1M

HLMN Revenue & Earnings Growth: 5-Year Financial Trend

HLMN 5-year financial data: Year 2021: Revenue $1.4B, Net Income -$85.5M, EPS $-0.96. Year 2022: Revenue $1.5B, Net Income -$24.5M, EPS $-0.27. Year 2023: Revenue $1.5B, Net Income -$38.3M, EPS $-0.28. Year 2024: Revenue $1.5B, Net Income -$16.4M, EPS $-0.08. Year 2025: Revenue $1.6B, Net Income -$9.6M, EPS $-0.05.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Hillman Solutions Corp.'s revenue has shown modest growth of 9% over the 5-year period. The most recent EPS of $-0.05 indicates the company is currently unprofitable.

HLMN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-9.3%
Free cash flow / Revenue

HLMN Quarterly Earnings & Performance

Quarterly financial performance data for Hillman Solutions Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $359.3M -$317.0K $0.00
Q3 2025 $393.3M -$317.0K $0.04
Q2 2025 $379.4M -$317.0K $0.06
Q1 2025 $350.3M -$317.0K $0.00
Q3 2024 $393.3M $470.0K $0.00
Q2 2024 $379.4M -$1.5M $-0.02
Q1 2024 $349.7M -$1.5M $-0.01
Q3 2023 $378.5M $470.0K $0.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Hillman Solutions Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$19.5M
Cash generated from operations
Stock Buybacks
$10.1M
Shares repurchased (TTM)
Capital Expenditures
$14.8M
Investment in assets
Dividends
None
No dividend program

HLMN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Hillman Solutions Corp. (CIK: 0001822492)

📋 Recent SEC Filings

Date Form Document Action
Apr 28, 2026 10-Q hlm-20260328.htm View →
Apr 27, 2026 8-K hlmn-20260427.htm View →
Apr 22, 2026 DEF 14A hlmn-20260421.htm View →
Apr 3, 2026 4 xslF345X06/wk-form4_1775220475.xml View →
Apr 3, 2026 4 xslF345X06/wk-form4_1775220468.xml View →

Frequently Asked Questions about HLMN

What is the AI rating for HLMN?

Hillman Solutions Corp. (HLMN) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 71% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are HLMN's key strengths?

Claude: Strong current ratio of 2.95x provides near-term liquidity cushion. Moderate leverage with debt/equity ratio of 0.59x avoids immediate solvency risk. ChatGPT: Positive operating profitability (7.3% margin; ~$114M OI). Solid liquidity by current ratio (2.51x) and moderate D/E (0.55x).

What are the risks of investing in HLMN?

Claude: Negative operating cash flow of -$19.5M indicates core business operations are destroying rather than generating cash. Negative free cash flow of -$34.3M creates unsustainable cash burn requiring continuous external funding. ChatGPT: Thin net margin (2.6%) and low ROE/ROA signal weak returns. Low quick ratio (0.62x) indicates inventory-heavy, working-capital risk.

What is HLMN's revenue and growth?

Hillman Solutions Corp. reported revenue of $370.1M.

Does HLMN pay dividends?

Hillman Solutions Corp. does not currently pay dividends.

Where can I find HLMN SEC filings?

Official SEC filings for Hillman Solutions Corp. (CIK: 0001822492) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is HLMN's EPS?

Hillman Solutions Corp. has a diluted EPS of $-0.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is HLMN a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Hillman Solutions Corp. has a SELL rating with 71% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is HLMN stock overvalued or undervalued?

Valuation metrics for HLMN: ROE of -0.4% (sector avg: 15%), net margin of -1.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy HLMN stock in 2026?

Our dual AI analysis gives Hillman Solutions Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is HLMN's free cash flow?

Hillman Solutions Corp.'s operating cash flow is $-19.5M, with capital expenditures of $14.8M. FCF margin is -9.3%.

How does HLMN compare to other Market stocks?

Vs Default sector averages: Net margin -1.3% (avg: 12%), ROE -0.4% (avg: 15%), current ratio 2.95 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 29, 2026 | Data as of: 2026-03-28 | Powered by Claude AI