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← CockpitCompetitor Analysis › HLMN Hillman Solutions Corp.Open in the cockpit ↗

Hillman Solutions Corp.HLMNCompetitor analysis, valuation and peers

United States · USD·Industrials›Wholesale Distributors

Distributes and makes fasteners/hardware, and runs self-serve fastener, key-cutting and engraving kiosks in home-improvement stores.

Momentum strong 66
Mkt cap
$1.62B
US dollars, full cap
Free float
98%
of shares outstanding
$/day
$16.2M
20-day average traded
Fwd P/E
13.3×
forward earnings
ROIC−WACC
-5.9 pp
WACC 9.5%
Hurdle
+15 pp
Req g minus delivered
Next earnings
111 days
25 Feb 2027
Close · USD$8.32
1D-2.5%
1W+6.7%
1M+18.7%
3M-8.4%
6M+5.8%
YTD-3.9%
1Y-8.8%
ATR %4.3%
Beta1.17
52w lowhigh23.3% off high

What Hillman Solutions does

Distributes and makes fasteners/hardware, and runs self-serve fastener, key-cutting and engraving kiosks in home-improvement stores.

Sells fasteners and hardware to home-improvement chains and also places and services key-cutting kiosks in their stores, with its own field staff stocking the shelves, which makes it hard for a retailer to swap suppliers. Home Depot and Lowe's account for a large share of sales, so one retailer's decisions matter.

Products and services

  • Fasteners & hardware
  • Key duplication/engraving kiosks
  • Robotic/vending fastener dispensers
  • Protective solutions (signage, ID products)

Customers

  • Home Depot
  • Lowe's
  • Ace Hardware / independent hardware retailers

Where it sits in the supply chain

  • Building products
  • Fastener/hardware manufacturing…
  • In-store kiosks (keys, engraving…

What could go right

  • Retailer kiosk placement growth
  • Robotics/automation cost savings

What could go wrong

  • Retail customer concentration (Home Depot/Lowe's)
  • Commodity fastener price competition

Moat: narrow (installed base, distribution, switching costs). Owns thousands of in-store kiosks that are costly for retailers to replace, in an otherwise commodity hardware category.

Headquarters: Cincinnati, Ohio · Founded: 1964 · Employees: 3,986

Named competitors

Hillman Solutions at a glance

Size Hillman Solutions (HLMN) is a United States Industrials company (Wholesale Distributors) with a market value of $1.62B, the 1939th largest of 3,117 United States companies the cockpit tracks. Shares closed at $8.32 on 6 Nov 2026.

Performance Over six months the shares gained 5.8%, against -3.0% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 20 in its peer set.

Growth Revenue grew 6.4% over the last twelve months (peer median +3.5%); the operating margin is 6.4% (peer median 7.8%).

Valuation It trades at 13.3× forward earnings against a peer median of 16.2× (4th cheapest of 14).

Price implies For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +15 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 5.9 points below its cost of capital (9.5% WACC).

Short interest Short interest is 2.5% of the free float (15 Oct 2026).

Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).

Relative performance

9010011012011 May 202611 Aug 20266 Nov 2026HLMN 108Peer median 96
Six months, rebased to 100: Hillman Solutions against the median of its 20 peers (local-currency closes).

Hillman Solutions financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$1.63B$1.55B$1.47B$1.48B$1.49B
Revenue growth—+5%0%-1%—
Gross profit$634M$615M$578M$526M$520M
EBITDA$254M$259M$223M$200M$159M
Net income$24.3M$40.3M$17.3M-$9.59M-$16.4M
Free cash flow$103M$35.1M$98.1M$172M$49.4M
Capital expenditure$66.1M$70.1M$85.2M$65.8M$69.6M
Total debt$1.07B$765M$793M$836M$969M

Quarterly statements and history in the cockpit →

Hillman Solutions competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-20%0%+20%DSGR002092000065EPRO-B601801600113ART8279806675529934601020600490600058600397TPKAGS5857DBIHLMN6-month return →1-month return →
Up and to the right = strong over both horizons. Hillman Solutions is the large dot.

Fundamentals: revenue growth against valuation

-100%-50%0%0×50×100×150×DSGR002092000065EPRO-B601801ART75526003975857HLMNRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hillman Solutions is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%0%50%100%DSGR002092000065EPRO-B600113ART82798066755299346004906000585857DBIHLMNGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Hillman Solutions is the large dot.

Hillman Solutions competitors and peer comparison

Head to head with its named competitors (HLMN vs ITW vs SPB vs SWK)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Hillman Solutions HLMN$1.62B+6%+6%6%13.3×17.9%
Illinois Tool Works ITW$79.8B+11%+5%27%23.4×9.7%
Spectrum Brands SPB$1.99B+6%+1%9%17.1×-2.5%
Stanley Black & Decker SWK$17.3B+43%0%10%18.3×6.8%

How Hillman Solutions compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Hillman Solutions against its 20 peers (data as of 6 Nov 2026)
MeasureHLMNPeer medianRank in peer set
1-month return+18.7%0.0%3rd highest of 21
6-month return+5.8%-3.0%8th highest of 20
Distance from 52-week high-23.3%-27.2%9th highest of 21
Revenue growth (TTM)+6.4%+3.5%11th highest of 21
Operating margin6.4%7.8%8th lowest of 19
Forward P/E13.3×16.2×4th cheapest of 14
Growth the price implies (Req g, 7 yrs)17.9%3.4%3rd most demanding of 17
Growth delivered (Del g)+2.6%+9.7%6th lowest of 17
Hurdle (Req g minus delivered)+15.4 pp-7.9 pp4th most demanding of 17
ROIC minus cost of capital-5.9 pp+1.0 pp4th lowest of 18
EV / EBITDA10.4×10.1×6th cheapest of 11
Net debt / EBITDA4.1×1.1×4th most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Hillman Solutions HLMNUnited States$1.62B+6%+6%6%13.3×17.9%+2.6%
Distribution Solutions DSGRUnited States$1.62B+27%+6%4%40.9×15.5%+41.3%
Xinjiang Zhongtai Chemical 002092.SZChina$1.57B-41%+7%3%25.4×-4.2%-19.5%
Norinco International Cooperation 000065.SZChina$1.72B-23%-21%9%13.5×-5.1%+1.1%
Electrolux Professional EPRO-B.STSweden$1.52B+20%-4%10%16.2×4.9%+10.9%
Anhui Xinhua Media 601801.SSChina$1.72B-3%-16%4%13.6×n/an/a
ZheJiang Dong Ri 600113.SSChina$1.48B-46%-1%16%n/a38.5%+7.6%
Arteche Lantegi Elkartea ART.MCSpain$1.77B-36%+11%14%25.2×7.2%+13.9%
AGTech 8279.HKHong Kong$1.78B+109%+24%8%n/a-14.9%+36.3%
Mitani 8066.TJapan$1.45B+4%+1%10%n/a-12.2%-3.1%
Happinet 7552.TJapan$1.82B+133%+19%3%16.2×-4.1%+11.1%
Inaba Denkisangyo 9934.TJapan$1.82B-4%+15%8%n/a-11.9%+8.5%
Tibet Huayu Mining 601020.SSChina$1.83B-48%-22%23%n/an/an/a
Pengxin International Mining 600490.SSChina$1.85B-32%-20%n/an/a6.6%-17.2%
Minmetals Development 600058.SSChina$1.40B-22%-16%1%n/a20.4%-4.7%
Jiangxi Tungsten Rare and Precious Equipment 600397.SSChina$1.86B-13%-92%n/a156.9×n/an/a
Travis Perkins TPK.LUnited Kingdom$1.86B+28%0%3%23.2×8.5%+4.3%
ADI Global Distribution ADIGUnited States$1.39Bn/a+14%4%11.9×n/an/a
Hour Glass AGS.SISingapore$1.38B+10%+18%15%10.4×-8.7%+12.5%
ARE 5857.TJapan$1.89B+1%+38%7%9.3×2.0%+29.4%
Dalrymple Bay Infrastructure DBI.AXAustralia$1.92B+6%+11%29%26.2×7.8%+104.8%

Questions

Who are Hillman Solutions's main competitors?
Named competitors: Illinois Tool Works (ITW), Spectrum Brands (SPB), Stanley Black & Decker (SWK), KeyMe (private or unlisted). The cockpit's measured peer set (industry) also includes Distribution Solutions (DSGR), Xinjiang Zhongtai Chemical (002092.SZ), Norinco International Cooperation (000065.SZ), Electrolux Professional (EPRO-B.ST), Anhui Xinhua Media (601801.SS), ZheJiang Dong Ri (600113.SS).
Is Hillman Solutions expensive compared with its peers?
On forward p/e it trades at 13.3× against a peer median of 16.2×, 4th cheapest of 14 in its peer set. For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +15 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Hillman Solutions stock performed?
Over six months to 6 Nov 2026 the shares returned +5.8% against -3.0% for the median peer; over one year -8.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.