Hudson Technologies, Inc. (HDSN) Key Metrics
HDSN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $210.9M
- Enterprise value
- $195.9M
- P/E (TTM)
- 25.1 10-yr median 12.2
- Forward P/E
- 13.6
- PEG ratio
- 0.29
- Price / sales
- 0.8 10-yr median 1.2
- Price / book
- 0.9 10-yr median 1.7
- EV / EBITDA
- 10.9 10-yr median 8.3
- Dividend yield
- —
- Beta
- 0.83
HDSN key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsHDSN valuation Price multiples at each fiscal year-end price.
HDSN returns How much profit the business earns on the capital it uses.
HDSN per-share figures Results divided by the shares outstanding at year-end.
HDSN financial health Debt, liquidity and how easily interest is covered.
HDSN efficiency & capital use Working capital cycle and where the cash goes.
HDSN valuation history
HDSN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
HDSN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
HDSN cash returned to shareholders
HDSN price vs earnings per share
HDSN key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $294.6M | $262.7M | $638.6M | $476.7M | $207.1M | $46.6M | $41.7M | $37.8M | $259.6M | $283.7M |
| Enterprise value | $260.5M | $199.4M | $632.8M | $522.1M | $303.9M | $139.1M | $143.8M | $165.5M | $422.0M | $250.1M |
| P/E ratio | 17.7 | 10.8 | 12.2 | 4.6 | 6.4 | — | — | — | 23.3 | 26.7 |
| Price / sales | 1.2 | 1.1 | 2.2 | 1.5 | 1.1 | 0.3 | 0.3 | 0.2 | 1.8 | 2.7 |
| Price / book | 1.2 | 1.1 | 2.8 | 2.7 | 2.9 | 1.1 | 0.9 | 0.5 | 2.1 | 2.5 |
| Price / free cash flow | — | 3.0 | 11.6 | 8.1 | — | 4.6 | 1.3 | 1.1 | 15.0 | 37.3 |
| Price / operating cash flow | — | 2.9 | 10.9 | 7.6 | — | 4.0 | 1.2 | 1.0 | 14.1 | 30.3 |
| EV / sales | 1.1 | 0.8 | 2.2 | 1.6 | 1.6 | 0.9 | 0.9 | 1.0 | 3.0 | 2.4 |
| EV / EBITDA | 9.1 | 5.2 | 7.5 | 3.8 | 6.0 | 10.7 | — | — | 25.9 | 13.6 |
| EV / free cash flow | — | 2.3 | 11.5 | 8.8 | — | 13.6 | 4.4 | 4.7 | 24.3 | 32.8 |
| Earnings yield | 5.7% | 9.3% | 8.2% | 21.8% | 15.6% | −11.2% | −62.3% | −147.2% | 4.3% | 3.7% |
| Free cash flow yield | −2.8% | 32.9% | 8.6% | 12.4% | −1.5% | 21.9% | 78.8% | 93.2% | 6.7% | 2.7% |
| Dividend yield | — | — | — | — | — | — | — | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 6.8% | 3.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Share price at fiscal year-end | $6.85 | $5.58 | $13.49 | $10.12 | $4.44 | $1.09 | $0.98 | $0.89 | $6.07 | $8.01 |
| Per share | ||||||||||
| Revenue per share | $5.73 | $5.04 | $6.11 | $6.90 | $4.13 | $3.46 | $3.80 | $3.92 | $3.28 | $2.98 |
| Earnings per share | $0.39 | $0.52 | $1.10 | $2.20 | $0.69 | −$0.12 | −$0.61 | −$1.31 | $0.26 | $0.30 |
| Operating cash flow per share | −$0.07 | $1.95 | $1.24 | $1.33 | −$0.03 | $0.27 | $0.79 | $0.86 | $0.43 | $0.26 |
| Free cash flow per share | −$0.19 | $1.84 | $1.16 | $1.26 | −$0.07 | $0.24 | $0.77 | $0.83 | $0.41 | $0.22 |
| Cash per share | $0.92 | $1.49 | $0.26 | $0.11 | $0.07 | $0.03 | $0.06 | $0.05 | $0.12 | $0.96 |
| Book value per share | $5.66 | $5.22 | $4.83 | $3.71 | $1.52 | $0.95 | $1.06 | $1.63 | $2.89 | $3.16 |
| Tangible book value per share | $3.88 | $3.60 | $3.51 | $2.32 | $0.06 | −$0.71 | −$0.67 | −$0.19 | $0.97 | $3.05 |
| Dividends per share | — | — | — | — | — | — | — | — | $0.00 | $0.00 |
| Capex per share | $0.12 | $0.11 | $0.08 | $0.08 | $0.04 | $0.03 | $0.02 | $0.03 | $0.02 | $0.05 |
| Debt per share | $0.12 | $0.15 | $0.14 | $1.08 | $2.15 | $2.20 | $2.46 | $3.06 | $3.91 | $0.01 |
| Shares outstanding | 43.0M | 47.1M | 47.3M | 47.1M | 46.6M | 42.7M | 42.6M | 42.5M | 42.8M | 35.4M |
| Change in shares outstanding | −8.6% | −0.6% | +0.5% | +1.0% | +9.2% | +0.2% | +0.3% | −0.7% | +20.8% | +4.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 6.8% | 10.3% | 25.9% | 84.5% | 57.8% | −12.1% | −45.4% | −57.8% | 9.5% | 13.2% |
| Return on invested capital (ROIC) | 7.0% | 11.0% | 26.4% | 60.1% | 27.2% | 3.3% | −7.2% | −13.9% | 7.7% | 15.4% |
| Return on assets (ROA) | 5.4% | 8.1% | 18.4% | 42.5% | 17.1% | −3.0% | −12.7% | −20.2% | 5.0% | 10.3% |
| Return on tangible assets | 6.9% | 10.8% | 22.3% | 50.1% | 21.9% | −5.7% | −24.4% | −36.8% | 4.7% | 9.0% |
| Free cash flow margin | −3.3% | 36.5% | 19.0% | 18.2% | −1.6% | 6.9% | 20.2% | 21.2% | 12.4% | 7.2% |
| Income quality (OCF / net income) | −0.19 | 3.76 | 1.12 | 0.61 | −0.04 | — | — | — | 1.65 | 0.88 |
| Financial health | ||||||||||
| Total debt | $5.3M | $6.9M | $6.7M | $50.7M | $100.3M | $93.9M | $104.7M | $129.9M | $167.4M | $351,000 |
| Cash & short-term investments | $39.5M | $70.1M | $12.4M | $5.3M | $3.5M | $1.3M | $2.6M | $2.3M | $5.0M | $33.9M |
| Net debt | −$34.2M | −$63.3M | −$5.8M | $45.4M | $96.8M | $92.6M | $102.1M | $127.7M | $162.4M | −$33.6M |
| Debt / equity | 0.02 | 0.03 | 0.03 | 0.29 | 1.41 | 2.31 | 2.32 | 1.88 | 1.36 | 0.00 |
| Debt / assets | 0.02 | 0.02 | 0.02 | 0.19 | 0.46 | 0.58 | 0.58 | 0.57 | 0.52 | 0.00 |
| Net debt / EBITDA | −1.19 | −1.65 | −0.07 | 0.33 | 1.90 | 7.10 | — | — | 9.98 | −1.83 |
| Current ratio | 3.26 | 4.09 | 3.50 | 3.36 | 1.86 | 1.65 | 1.61 | 2.05 | 2.19 | 10.50 |
| Quick ratio | 1.16 | 2.08 | 0.86 | 0.60 | 0.40 | 0.47 | 0.33 | 0.36 | 0.38 | 3.84 |
| Interest coverage | 9.2 | 61.6 | 9.4 | 9.2 | 3.7 | 0.5 | -0.8 | -2.9 | 4.8 | 16.9 |
| Working capital | $146.2M | $147.7M | $146.4M | $124.2M | $55.5M | $24.4M | $28.3M | $63.2M | $113.5M | $97.9M |
| Invested capital | $209.2M | $182.6M | $223.0M | $220.2M | $167.7M | $133.2M | $147.2M | $196.9M | $285.9M | $78.4M |
| Tangible asset value | $166.8M | $169.5M | $166.2M | $109.5M | $2.8M | −$30.3M | −$28.7M | −$8.0M | $41.6M | $107.9M |
| Net current asset value | $135.6M | $138.7M | $137.1M | $79.2M | −$24.8M | −$58.9M | −$60.6M | −$35.5M | $10.9M | $97.7M |
| Graham number | $7.02 | $7.80 | $10.95 | $13.57 | $4.87 | — | — | — | $4.12 | $4.62 |
| Graham net-net per share | $1.05 | $1.62 | $0.94 | −$0.08 | −$1.79 | −$2.11 | −$2.27 | −$2.24 | −$2.07 | $1.73 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | $0 | $0 |
| Share buybacks (net) | $20.0M | $8.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | — | — | — | — | — | — | — | — | 0.0% | 0.0% |
| Dividends + buybacks / free cash flow | — | 9.4% | 0.0% | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / revenue | 2.0% | 2.2% | 1.2% | 1.1% | 1.0% | 1.0% | 0.6% | 0.7% | 0.7% | 1.6% |
| Capex / operating cash flow | — | 5.8% | 6.1% | 5.8% | — | 12.6% | 3.0% | 3.0% | 5.6% | 18.5% |
| Capex / depreciation | 0.84 | 0.83 | 0.62 | 0.61 | 0.31 | 0.24 | 0.14 | 0.15 | 0.30 | 0.78 |
| Stock-based compensation / revenue | 0.4% | 0.4% | 0.8% | 0.3% | 0.3% | 0.4% | 1.1% | 0.8% | 1.1% | 0.7% |
| SG&A / revenue | 16.3% | 13.9% | 10.2% | 8.8% | 13.8% | 18.1% | 18.5% | 19.4% | 10.9% | 11.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 27.4 | 38.9 | 32.5 | 19.7 | 22.8 | 22.1 | 24.9 | 42.3 | 38.1 | 15.9 |
| Days of inventory on hand | 229.6 | 266.9 | 308.2 | 269.3 | 208.9 | 168.7 | 203.0 | 288.0 | 429.7 | 320.1 |
| Days payables outstanding | 29.5 | 34.2 | 38.6 | 26.7 | 26.0 | 29.1 | 23.9 | 20.5 | 28.5 | 26.7 |
| Cash conversion cycle (days) | 227.5 | 271.6 | 302.1 | 262.2 | 205.6 | 161.6 | 204.1 | 309.8 | 439.3 | 309.3 |
| Receivables turnover | 13.33 | 9.39 | 11.23 | 18.53 | 16.04 | 16.52 | 14.65 | 8.64 | 9.58 | 22.90 |
| Payables turnover | 12.38 | 10.68 | 9.45 | 13.65 | 14.02 | 12.52 | 15.30 | 17.78 | 12.80 | 13.65 |
| Inventory turnover | 1.59 | 1.37 | 1.18 | 1.36 | 1.75 | 2.16 | 1.80 | 1.27 | 0.85 | 1.14 |
| Asset turnover | 0.79 | 0.79 | 1.02 | 1.33 | 1.02 | 0.86 | 0.79 | 0.61 | 0.63 | 1.02 |
| Average receivables | $18.5M | $25.3M | $25.7M | $17.5M | $12.0M | $8.9M | $11.1M | $19.3M | $14.6M | $4.6M |
| Average payables | $14.9M | $16.0M | $18.8M | $11.9M | $8.6M | $9.0M | $9.5M | $9.8M | $8.0M | $5.5M |
| Average inventory | $116.1M | $125.3M | $149.9M | $119.8M | $69.3M | $51.8M | $80.6M | $137.2M | $120.5M | $65.2M |
| Intangibles / total assets | 24.0% | 25.2% | 21.1% | 24.0% | 31.6% | 43.9% | 41.0% | 33.8% | 25.5% | 3.4% |
Computed from HDSN's annual financial statements (latest annual report filed March 16, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
HDSN valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Hudson Technologies traded at 17.7 times earnings, against a 10-year median of 12.2. Based on the latest twelve months, the trailing P/E is 25.1 and the forward P/E is 13.6. Hudson Technologies earned a return on equity of 6.8% and a return on invested capital of 7.0% in fiscal 2025. It ended the year with $5.3 million of debt and $39.5 million in cash and short-term investments, a net cash position of $34.2 million. It returned $20.0 million to shareholders: $0 in dividends and $20.0 million in share buybacks. The share count rose 21.4% from 35.4M to 43.0M over 9 years.
See the HDSN income statement, the HDSN chart for price history, or the HDSN stock overview for the latest quote and news.
HDSN key metrics FAQ
What is Hudson Technologies's P/E ratio?
Hudson Technologies's trailing P/E ratio is 25.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 13.6. At the end of fiscal 2025 it was 17.7, compared with a 10-year median of 12.2.
What is Hudson Technologies's EV/EBITDA?
Hudson Technologies's enterprise value was 9.1 times EBITDA at the end of fiscal 2025 (enterprise value $260.5 million, EBITDA $28.7 million); the current EV/EBITDA is 10.9.
What is Hudson Technologies's return on equity?
Hudson Technologies's return on equity (ROE) was 6.8% in fiscal 2025: net income of $16.7 million on average shareholders' equity of $244.6 million.
What is Hudson Technologies's ROIC?
Hudson Technologies's return on invested capital was 7.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Hudson Technologies have?
Hudson Technologies had total debt of $5.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.02 and more cash than debt.
Does Hudson Technologies buy back its shares?
Yes. Hudson Technologies spent $20.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −8.6% over the year, to 43.0M..
What is Hudson Technologies's free cash flow yield?
Hudson Technologies generated -$8.2 million of free cash flow in fiscal 2025, a free cash flow yield of −2.8% on its market value at year-end ($294.6 million).
What is Hudson Technologies's current ratio?
Hudson Technologies's current ratio was 3.26 at the end of fiscal 2025: current assets were 3.26 times current liabilities.