HELIOS TECHNOLOGIES, INC. HLIO
Helios Technologies, Inc. ("Helios," the "Company," "we," "us" or "our"), and its wholly owned subsidiaries, is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, industrial, mobile, energy, recreational vehicles, marine, aerospace, and health and wellness.
We operate under two business segments: Hydraulics and Electronics. The Hydraulics segment designs and manufactures hydraulic motion control and fluid conveyance technology products, including cartridge valves, manifolds and quick release couplings as well as engineers complete hydraulic system solutions. The Electronics segment designs and manufactures customized electronic controls systems, displays, wire harnesses, and software solutions for a variety of end markets.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $839.0M | $805.9M | $835.6M | $885.4M | $869.2M | $523.0M | $554.7M | $508.0M | $342.8M | $196.9M |
| Cost of revenue | $567.8M | $553.6M | $573.9M | $586.9M | $556.4M | $326.8M | $342.4M | $315.4M | $206.3M | $125.6M |
| Gross profit | $271.2M | $252.3M | $261.7M | $298.5M | $312.8M | $196.2M | $212.3M | $192.7M | $136.5M | $71.3M |
| R&D | $19.1M | $20.1M | $19.2M | $17.4M | $16.8M | $15.6M | $15.2M | $14.1M | $10.6M | $4.3M |
| SG&A | $147.6M | $139.0M | $148.9M | $133.1M | $130.7M | $106.8M | $99.7M | $93.9M | $65.6M | $35.3M |
| Operating income | $66.0M | $81.8M | $79.9M | $137.3M | $149.3M | $35.4M | $90.1M | $75.6M | $61.5M | $34.5M |
| Interest expense | — | — | — | — | — | — | — | — | $4.1M | $483.0K |
| Pre-tax income | $62.4M | $50.5M | $49.2M | $121.8M | $131.2M | $24.0M | $75.3M | $56.4M | $47.5M | $34.9M |
| Income tax | $14.0M | $11.5M | $11.7M | $23.4M | $26.6M | $9.8M | $15.0M | $9.7M | $16.0M | $11.6M |
| Net income | $48.4M | $39.0M | $37.5M | $98.4M | $104.6M | $14.2M | $60.3M | $46.7M | $31.6M | $23.3M |
| EPS, basic | 1.46 | 1.17 | 1.14 | 3.03 | 3.24 | 0.44 | 1.88 | — | — | 0.87 |
| EPS, diluted | 1.45 | 1.17 | 1.14 | 3.02 | 3.22 | 0.44 | 1.88 | 1.49 | 1.17 | 0.87 |
| Shares, diluted (wtd. avg.) | $33.3M | $33.3M | $33.0M | $32.6M | $32.5M | $32.2M | $32.1M | — | — | $26.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $73.0M | $44.1M | $32.4M | $43.7M | $28.5M | $25.2M | $22.1M | $23.5M | $63.9M | $74.2M |
| Receivables | $116.0M | $104.6M | $114.8M | $125.1M | $134.6M | $97.6M | $66.7M | $72.8M | $37.5M | $25.7M |
| Inventory | $188.6M | $190.1M | $215.1M | $191.6M | $165.6M | $110.4M | $85.2M | $86.0M | $41.5M | $30.0M |
| Total current assets | $414.9M | $384.2M | $396.7M | $388.5M | $351.6M | $254.0M | $192.6M | $196.9M | $146.8M | $141.3M |
| Property, plant and equipment | $189.0M | $193.5M | $202.1M | $156.5M | $151.4M | $146.6M | $133.5M | $126.9M | $91.9M | $80.5M |
| Goodwill | $498.1M | $498.9M | $514.0M | $468.5M | $459.9M | $443.5M | $377.6M | $383.1M | $108.9M | $103.6M |
| Other intangibles | $369.9M | $384.0M | $426.4M | $405.6M | $412.8M | $419.4M | $294.7M | $320.5M | $104.1M | $112.6M |
| Total assets | $1.51B | $1.51B | $1.59B | $1.46B | $1.42B | $1.30B | $1.02B | $1.04B | $459.8M | $444.8M |
| Accounts payable | $75.6M | $56.7M | $70.3M | $73.7M | $85.3M | $59.5M | $29.7M | $40.9M | $15.5M | $10.2M |
| Short-term debt | $5.4M | $16.0M | $23.2M | $19.0M | $18.1M | $16.2M | $7.6M | $5.2M | — | — |
| Total current liabilities | $143.2M | $138.6M | $144.9M | $152.3M | $169.6M | $128.0M | $76.5M | $93.0M | $45.9M | $31.1M |
| Long-term debt | $256.2M | $283.2M | $298.3M | $164.2M | $183.9M | $189.9M | $84.1M | $91.7M | — | — |
| Total liabilities | $583.0M | $641.0M | $735.8M | $668.8M | $706.3M | $689.2M | $444.1M | $511.4M | $187.1M | $208.4M |
| Retained earnings | $539.1M | $502.6M | $475.6M | $450.0M | $363.3M | $270.3M | $267.7M | $219.1M | $183.8M | $162.5M |
| Total equity | $931.5M | $864.4M | $854.6M | $794.9M | $709.0M | $607.8M | $577.6M | $530.8M | $272.7M | $236.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $127.3M | $122.1M | $83.9M | $109.9M | $113.1M | $108.6M | $90.5M | $77.5M | $49.4M | $38.5M |
| Depreciation and amortisation | $63.0M | $63.8M | $63.8M | $51.6M | $54.4M | $39.7M | $35.2M | $39.7M | $19.2M | $11.3M |
| Stock-based compensation | $5.1M | $3.4M | $11.6M | $8.6M | $8.9M | $5.8M | $5.2M | $4.3M | $4.0M | $4.8M |
| Capital expenditure | $23.7M | $27.0M | $34.3M | $31.9M | $26.8M | $14.6M | $25.0M | $28.4M | $22.2M | $6.2M |
| Investing cash flow | $20.3M | -$30.3M | -$153.9M | -$90.8M | -$90.3M | -$235.9M | -$22.4M | -$565.5M | -$16.0M | -$169.8M |
| Financing cash flow | -$121.9M | -$78.4M | $57.9M | -$6.9M | -$22.6M | $137.7M | -$71.7M | $447.3M | -$50.1M | $128.2M |
| Dividends paid | $12.0M | $11.9M | $11.8M | $11.7M | $11.6M | $11.6M | $11.5M | $11.0M | $10.3M | $10.7M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-204115.
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| AIOS | AIOS Tech Inc. | — | — | -98.5% |
| ZKIN | ZK International Group Co., Ltd. | — | — | 50.0% |
| HIHO | HIGHWAY HOLDINGS LTD | — | — | -99.2% |