Hillman Solutions Corp. (HLMN) Balance Sheet
HLMN balance sheet, 2025
December 31, 2025 · U.S. dollars$2.36B assets = $1.13B liabilities + $1.23B equity
Both columns are drawn to the same scale: what HLMN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HLMN financial health
Descriptive bands, not a rating. Fiscal 2025.
HLMN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.6M2016 | $2.36B2025 | +134.7%/yr | |
| Total liabilities | $1.4M2016 | $1.13B2025 | +130.5%/yr | |
| Shareholders’ equity | $1.2M2016 | $1.23B2025 | +139.1%/yr | |
| Cash & short-term investments | $14,6052016 | $27.3M2025 | +156.4%/yr | |
| Total debt | $1.0M2016 | $828.0M2025 | +131.1%/yr | |
| Net cash (debt) | −$1.0M2016 | −$800.8M2025 | −$799.8M | |
| Working capital | $391,0132016 | $388.9M2025 | +$388.5M | |
| Book value per share | $0.012016 | $6.162025 | +134.1%/yr | |
| Current ratio | 2.412016 | 2.512025 | +0.10 | |
| Debt / equity | 0.892016 | 0.672025 | −0.21 | |
| Shares outstanding | 168.4M2016 | 199.5M2025 | +2.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HLMN assets
HLMN liabilities and equity
HLMN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HLMN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Cash & short-term investments | $27.3M | $44.5M | $38.6M | $31.1M | $14.6M | $21.5M | $20.0M | $28.2M | $14,605 |
| Cash & equivalents | $27.3M | $44.5M | $38.6M | $31.1M | $14.6M | $21.5M | $20.0M | $28.2M | $14,605 |
| Receivables | $114.9M | $109.8M | $103.5M | $87.0M | $107.2M | $121.2M | $88.4M | $110.8M | $107,212 |
| Inventory | $485.9M | $403.7M | $382.7M | $489.3M | $533.5M | $391.7M | $323.5M | $320.3M | $533,530 |
| Other current assets | $18.3M | $15.2M | $23.2M | $24.2M | $13.0M | $19.3M | $8.8M | $18.7M | $12,962 |
| Total current assets | $646.5M | $573.2M | $548.0M | $631.6M | $668.3M | $553.7M | $440.7M | $478.0M | $668,309 |
| Property, plant & equipment (net) | $306.6M | $305.9M | $288.0M | $257.2M | $256.6M | $259.5M | $286.8M | $208.3M | $256,581 |
| Goodwill & intangible assets | $1.38B | $1.43B | $1.48B | $1.56B | $1.62B | $1.64B | $1.70B | $1.73B | $1.6M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $26.2M | $17.0M | $14.8M | $23.6M | $18.0M | $13.3M | $12.3M | $10.8M | $17,961 |
| Total assets | $2.36B | $2.33B | $2.33B | $2.47B | $2.56B | $2.47B | $2.44B | $2.43B | $2.6M |
| Liabilities | |||||||||
| Accounts payable | $141.7M | $139.1M | $140.3M | $131.8M | $186.1M | $201.5M | $125.0M | $135.1M | $186,126 |
| Short-term debt | $32.8M | $29.8M | $24.4M | $22.9M | $26.8M | $24.4M | $10.6M | $11.0M | $37,580 |
| Deferred revenue | — | — | $21.3M | — | — | — | — | — | — |
| Total current liabilities | $257.6M | $253.7M | $223.1M | $215.4M | $277.3M | $311.9M | $208.9M | $198.0M | $277,296 |
| Long-term debt | $668.3M | $691.7M | $731.7M | $884.6M | $906.5M | $1.54B | $0 | $0 | $0 |
| Lease obligations | $81.4M | $88.3M | $94.4M | $73.6M | $87.6M | $81.1M | — | — | — |
| Other long-term liabilities | $201.8M | $202.7M | $221.7M | $213.9M | $229.0M | $256.6M | $1.86B | $1.79B | $1.1M |
| Total liabilities | $1.13B | $1.15B | $1.18B | $1.31B | $1.41B | $2.10B | $2.06B | $1.99B | $1.4M |
| Shareholders' equity | |||||||||
| Common stock & paid-in capital | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $9,000 | $5,000 | $5,000 | $20 |
| Retained earnings (deficit) | −$178.6M | −$219.0M | −$236.2M | −$226.6M | −$210.2M | −$171.8M | −$147.3M | −$72.8M | −$210,181 |
| Accumulated other comprehensive income | −$37.9M | −$41.7M | −$27.8M | −$21.0M | −$27.2M | −$29.4M | −$32.0M | −$37.6M | −$27,154 |
| Total shareholders' equity | $1.23B | $1.18B | $1.15B | $1.16B | $1.15B | $364.6M | $374.0M | $439.1M | $1.2M |
| Key figures | |||||||||
| Total debt | $828.0M | $793.0M | $836.1M | $968.8M | $1.01B | $1.63B | $1.67B | $1.60B | $1.0M |
| Net cash (debt) | −$800.8M | −$748.5M | −$797.5M | −$937.8M | −$993.2M | −$1.61B | −$1.65B | −$1.57B | −$1.0M |
| Working capital | $388.9M | $319.5M | $324.9M | $416.2M | $391.0M | $241.8M | $231.8M | $280.0M | $391,013 |
| Tangible book value | −$148.4M | −$252.0M | −$325.8M | −$401.5M | −$470.0M | −$1.28B | −$1.32B | −$1.30B | −$469,976 |
| Book value per share | $6.16 | $5.94 | $5.93 | $6.09 | $8.54 | $4.06 | $4.18 | — | $0.01 |
| Shares outstanding | 199.5M | 198.9M | 194.7M | 189.8M | 134.7M | 89.9M | 89.4M | — | 168.4M |
| Current ratio | 2.51 | 2.26 | 2.46 | 2.93 | 2.41 | 1.78 | 2.11 | 2.41 | 2.41 |
| Quick ratio | 0.55 | 0.61 | 0.64 | 0.55 | 0.44 | 0.46 | 0.52 | 0.70 | 0.44 |
| Debt / equity | 0.67 | 0.67 | 0.72 | 0.84 | 0.88 | 4.48 | 4.47 | 3.64 | 0.89 |
| Equity / assets | 52.1% | 50.7% | 49.5% | 46.8% | 44.9% | 14.8% | 15.3% | 18.1% | 44.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $35.8M | $27.7M | $27.3M | $37.7M | $34.2M | $36.3M | $44.5M | $59.8M | $54.0M | $30.7M | $38.6M | $39.3M |
| Cash & equivalents | $35.8M | $27.7M | $27.3M | $37.7M | $34.2M | $36.3M | $44.5M | $59.8M | $54.0M | $30.7M | $38.6M | $39.3M |
| Receivables | $154.7M | $138.8M | $114.9M | $144.9M | $141.2M | $134.2M | $109.8M | $129.6M | $130.5M | $127.3M | $103.5M | $129.7M |
| Inventory | $455.1M | $483.3M | $485.9M | $460.1M | $427.6M | $396.9M | $403.7M | $419.4M | $411.9M | $404.1M | $382.7M | $397.1M |
| Other current assets | $24.2M | $20.1M | $18.3M | $28.4M | $20.5M | $16.9M | $15.2M | $15.6M | $21.3M | $25.1M | $23.2M | $29.8M |
| Total current assets | $669.8M | $669.9M | $646.5M | $671.1M | $623.5M | $584.3M | $573.2M | $624.4M | $617.8M | $587.2M | $548.0M | $595.8M |
| Property, plant & equipment (net) | $329.9M | $301.8M | $306.6M | $314.3M | $308.9M | $310.7M | $305.9M | $307.0M | $296.0M | $292.4M | $288.0M | $288.7M |
| Goodwill & intangible assets | $1.35B | $1.36B | $1.38B | $1.39B | $1.41B | $1.42B | $1.43B | $1.45B | $1.46B | $1.47B | $1.48B | $1.51B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $31.5M | $28.2M | $26.2M | $20.4M | $17.2M | $16.6M | $17.0M | $14.3M | $16.3M | $15.2M | $14.8M | $14.6M |
| Total assets | $2.38B | $2.36B | $2.36B | $2.40B | $2.36B | $2.33B | $2.33B | $2.40B | $2.39B | $2.37B | $2.33B | $2.41B |
| Liabilities | ||||||||||||
| Accounts payable | $131.5M | $139.8M | $141.7M | $162.4M | $169.5M | $150.6M | $139.1M | $165.8M | $170.5M | $156.8M | $140.3M | $159.3M |
| Short-term debt | $36.1M | $34.3M | $32.8M | $33.2M | $31.3M | $30.9M | $29.8M | $29.4M | $26.9M | $25.3M | $24.4M | $24.5M |
| Deferred revenue | — | — | — | — | — | — | — | $7.7M | $10.0M | $6.0M | $6.5M | — |
| Total current liabilities | $246.8M | $227.1M | $257.6M | $273.2M | $273.3M | $237.4M | $253.7M | $269.1M | $266.6M | $236.2M | $223.1M | $233.5M |
| Long-term debt | $678.1M | $714.1M | $668.3M | $683.2M | $683.1M | $713.5M | $691.7M | $730.7M | $732.1M | $751.3M | $731.7M | $780.0M |
| Lease obligations | $107.7M | $83.4M | $81.4M | $85.5M | $80.5M | $84.2M | $88.3M | $91.9M | $90.3M | $94.1M | $94.4M | $95.6M |
| Other long-term liabilities | $226.0M | $203.9M | $201.8M | $210.4M | $193.4M | $198.0M | $202.7M | $216.6M | $212.0M | $217.6M | $221.7M | $238.8M |
| Total liabilities | $1.15B | $1.15B | $1.13B | $1.17B | $1.15B | $1.15B | $1.15B | $1.22B | $1.21B | $1.21B | $1.18B | $1.25B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 |
| Retained earnings (deficit) | −$162.3M | −$183.4M | −$178.6M | −$180.2M | −$203.4M | −$219.3M | −$219.0M | −$217.7M | −$225.2M | −$237.7M | −$236.2M | −$226.1M |
| Accumulated other comprehensive income | −$40.0M | −$38.2M | −$37.9M | −$39.9M | −$38.2M | −$43.0M | −$41.7M | −$39.1M | −$32.3M | −$28.1M | −$27.8M | −$29.3M |
| Total shareholders' equity | $1.23B | $1.22B | $1.23B | $1.23B | $1.21B | $1.18B | $1.18B | $1.18B | $1.17B | $1.16B | $1.15B | $1.16B |
| Key figures | ||||||||||||
| Total debt | $801.0M | $812.3M | $828.0M | $784.2M | $777.5M | $811.3M | $793.0M | $835.6M | $833.8M | $855.5M | $836.1M | $886.3M |
| Net cash (debt) | −$765.2M | −$784.6M | −$800.8M | −$746.5M | −$743.3M | −$775.0M | −$748.5M | −$775.8M | −$779.8M | −$824.8M | −$797.5M | −$847.1M |
| Working capital | $422.9M | $442.8M | $388.9M | $397.9M | $350.3M | $347.0M | $319.5M | $355.3M | $351.2M | $351.0M | $324.9M | $362.4M |
| Tangible book value | −$119.8M | −$145.1M | −$148.4M | −$160.9M | −$200.1M | −$237.3M | −$252.0M | −$270.6M | −$280.6M | −$310.3M | −$325.8M | −$353.2M |
| Book value per share | $6.22 | $6.18 | $6.16 | $6.16 | $6.07 | $5.99 | $6.01 | $5.93 | $5.92 | $5.94 | $5.92 | $5.90 |
| Shares outstanding | 196.9M | 196.6M | 199.6M | 199.8M | 198.7M | 197.3M | 196.7M | 199.0M | 198.4M | 195.4M | 194.9M | 196.6M |
| Current ratio | 2.71 | 2.95 | 2.51 | 2.46 | 2.28 | 2.46 | 2.26 | 2.32 | 2.32 | 2.49 | 2.46 | 2.55 |
| Quick ratio | 0.77 | 0.73 | 0.55 | 0.67 | 0.64 | 0.72 | 0.61 | 0.70 | 0.69 | 0.67 | 0.64 | 0.72 |
| Debt / equity | 0.65 | 0.67 | 0.67 | 0.64 | 0.64 | 0.69 | 0.67 | 0.71 | 0.71 | 0.74 | 0.72 | 0.76 |
| Equity / assets | 51.6% | 51.5% | 52.1% | 51.3% | 51.2% | 50.7% | 50.7% | 49.3% | 49.2% | 49.1% | 49.5% | 48.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 17, 2026); data from EODHD.
HLMN financial position
At the end of fiscal 2025 (December 31, 2025), Hillman Solutions had total assets of $2.4 billion (up 1.1% from a year earlier), total liabilities of $1.1 billion and shareholders' equity of $1.2 billion. It held $27.3 million in cash and short-term investments against $828.0 million of debt, net debt of $800.8 million. Its current ratio was 2.51. In the latest quarter (ended June 30, 2026) total assets were $2.4 billion and equity $1.2 billion.
Related: HLMN income statement, HLMN cash flow statement, HLMN key metrics. See the HLMN stock overview for the latest quote and news.
HLMN balance sheet FAQ
What are Hillman Solutions's total assets?
Hillman Solutions reported total assets of $2.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.3 billion a year earlier.
How much debt does Hillman Solutions have?
Hillman Solutions had $828.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.67.
How much cash does Hillman Solutions have?
Hillman Solutions held $27.3 million in cash and short-term investments at the end of fiscal 2025; with $828.0 million of debt that is net debt of $800.8 million.
What is Hillman Solutions's book value?
Hillman Solutions's shareholders' equity (book value) was $1.2 billion at the end of fiscal 2025, or $6.16 per share.
What is Hillman Solutions's current ratio?
Hillman Solutions had current assets of $646.5 million and current liabilities of $257.6 million, a current ratio of 2.51 (it can cover its short-term obligations).
How much goodwill does Hillman Solutions have?
Hillman Solutions carried $1.4 billion of goodwill and intangible assets, 58.4% of total assets, at the end of fiscal 2025.