What is Holley's operating income?

Holley's total operating income in 2025 was $82.48 million, based on the following breakdown: Total Gross Profit: $266.24 million Total Operating Expenses: $183.75 million

Holley (HLLY) Financials

$2.62 +0.10 (+3.75%)

As of 03:06 PM Eastern

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Annual Income Statements for Holley

This table shows Holley's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	1.85	33	-27	74	19	-23	19
Consolidated Net Income / (Loss)	1.85	33	-27	74	19	-23	19
Net Income / (Loss) Continuing Operations	1.85	33	-27	74	19	-23	19
Total Pre-Tax Income	-4.31	42	-17	78	28	-26	29
Total Operating Income	46	85	78	51	94	15	82
Total Gross Profit	149	208	287	254	256	239	266
Total Revenue	369	504	693	688	660	602	614
Operating Revenue	369	504	693	688	660	602	614
Total Cost of Revenue	220	296	406	435	404	364	347
Operating Cost of Revenue	220	296	406	435	404	364	347
Total Operating Expenses	101	123	209	203	162	224	184
Selling, General & Admin Expense	62	71	117	151	120	132	146
Research & Development Expense	21	23	28	29	24	19	19
Amortization Expense	10	11	14	15	15	14	14
Other Operating Expenses / (Income)	3.02	7.61	27	1.51	0.77	-0.27	2.11
Impairment Charge	-	0.00	0.00	2.40	0.00	49	0.00
Restructuring Charge	4.94	9.74	24	4.51	2.64	1.57	2.90
Other Special Charges / (Income)	-	-	-	-	-	9.23	0.00
Total Other Income / (Expense), net	50	-44	-94	28	-66	-41	-54
Interest Expense	50	44	53	40	60	51	52
Other Income / (Expense), net	0.00	0.00	-41	68	-6.41	9.90	-2.11
Income Tax Expense	-4.87	8.83	10	4.49	8.40	-3.03	9.46
Basic Earnings per Share	$0.01	$0.49	($0.30)	$0.63	$0.16	($0.20)	$0.16
Weighted Average Basic Shares Outstanding	67.67M	67.67M	89.96M	116.76M	117.38M	118.44M	119.21M
Diluted Earnings per Share	$0.01	$0.49	($0.30)	$0.14	$0.16	($0.20)	$0.16
Weighted Average Diluted Shares Outstanding	67.67M	67.67M	89.96M	117.25M	118.51M	118.44M	120.04M
Weighted Average Basic & Diluted Shares Outstanding	67.67M	67.67M	89.96M	118.24M	118.80M	119.96M	120.94M

This table shows Holley's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/1/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/31/2024	3/30/2025	6/29/2025	9/28/2025	12/31/2025	3/29/2026
Net Income / (Loss) Attributable to Common Shareholders	0.75	1.20	3.73	17	-6.29	-38	2.82	11	-0.81	6.30	7.26
Consolidated Net Income / (Loss)	0.75	1.20	3.73	17	-6.29	-38	2.82	11	-0.81	6.30	7.26
Net Income / (Loss) Continuing Operations	0.75	1.20	3.73	17	-6.29	-38	2.82	11	-0.81	6.30	7.26
Total Pre-Tax Income	2.84	1.85	2.84	19	-7.77	-40	3.89	14	0.46	9.91	9.14
Total Operating Income	19	19	10	28	5.56	-29	19	28	16	20	18
Total Gross Profit	58	60	52	70	52	64	64	70	60	73	61
Total Revenue	157	156	159	169	134	140	153	167	138	155	147
Operating Revenue	157	156	159	169	134	140	153	167	138	155	147
Total Cost of Revenue	98	95	107	99	82	76	89	97	79	83	87
Operating Cost of Revenue	98	95	107	99	82	76	89	97	79	83	87
Total Operating Expenses	39	41	42	42	47	93	45	42	44	53	43
Selling, General & Admin Expense	29	32	33	35	30	34	37	33	33	43	35
Research & Development Expense	6.10	4.91	4.81	4.31	4.62	4.97	4.09	5.09	4.72	4.94	4.00
Amortization Expense	3.69	3.52	3.44	3.44	3.44	3.58	3.53	3.35	3.46	3.44	3.43
Other Operating Expenses / (Income)	-0.03	0.26	-0.01	0.10	0.12	8.75	-0.04	0.30	0.98	0.88	-0.47
Restructuring Charge	0.42	0.54	0.62	-0.00	0.95	-	0.46	0.36	1.36	0.73	0.88
Total Other Income / (Expense), net	-16	-17	-7.37	-8.72	-13	-12	-15	-13	-15	-9.85	-8.37
Interest Expense	14	18	11	13	15	11	16	13	11	11	9.92
Other Income / (Expense), net	-2.76	1.19	3.78	4.46	1.68	-0.01	0.26	0.23	-4.15	1.55	1.55
Income Tax Expense	2.09	0.64	-0.89	2.06	-1.48	-2.71	1.08	3.50	1.27	3.61	1.88
Basic Earnings per Share	$0.01	-	$0.03	$0.14	($0.05)	($0.32)	$0.02	$0.09	($0.01)	$0.06	$0.06
Weighted Average Basic Shares Outstanding	117.40M	117.38M	117.87M	118.47M	118.69M	118.44M	118.85M	119.16M	119.41M	119.21M	119.81M
Diluted Earnings per Share	$0.01	-	$0.03	$0.14	($0.05)	($0.32)	$0.02	$0.09	($0.01)	$0.06	$0.06
Weighted Average Diluted Shares Outstanding	119.25M	118.51M	119.51M	119.26M	118.69M	118.44M	119.56M	119.79M	119.41M	120.04M	122.00M
Weighted Average Basic & Diluted Shares Outstanding	1.09M	118.80M	119.31M	119.78M	119.80M	119.96M	120.18M	120.50M	120.51M	120.94M	121.46M

This table details how cash moves in and out of Holley's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-2.63	63	-35	-10	15	15	-19
Net Cash From Operating Activities	9.42	88	22	12	88	47	46
Net Cash From Continuing Operating Activities	9.42	88	22	12	88	47	46
Net Income / (Loss) Continuing Operations	0.56	33	-27	74	19	-23	19
Consolidated Net Income / (Loss)	0.56	33	-27	74	19	-23	19
Depreciation Expense	8.83	7.89	12	10	10	11	9.70
Amortization Expense	14	14	17	22	22	21	21
Non-Cash Adjustments To Reconcile Net Income	4.25	7.91	42	-14	16	67	15
Changes in Operating Assets and Liabilities, net	-18	26	-22	-80	21	-29	-18
Net Cash From Investing Activities	-14	-166	-134	-25	-4.45	2.02	-32
Net Cash From Continuing Investing Activities	-14	-166	-134	-25	-4.45	2.02	-32
Purchase of Property, Plant & Equipment	-7.42	-9.43	-15	-14	-5.93	-6.80	-12
Acquisitions	-5.94	-157	-119	-14	0.00	0.00	-20
Sale of Property, Plant & Equipment	0.00	0.70	0.36	0.89	1.48	1.73	0.32
Divestitures	-1.12	0.00	0.00	1.97	0.00	7.10	0.00
Net Cash From Financing Activities	2.43	141	77	2.85	-69	-35	-33
Net Cash From Continuing Financing Activities	2.43	141	77	2.85	-69	-35	-33
Repayment of Debt	-3.80	-64	-701	-33	-67	-32	-42
Issuance of Debt	6.50	205	655	37	0.00	0.00	10
Other Financing Activities, net	0.15	0.00	123	-0.67	-1.54	-2.16	-0.50
Effect of Exchange Rate Changes	-	-	0.00	-0.30	-	0.69	-0.24
Cash Interest Paid	50	40	38	37	65	52	47
Cash Income Taxes Paid	4.43	3.24	11	6.83	16	11	10

This table details how cash moves in and out of Holley's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/1/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/31/2024	3/30/2025	6/29/2025	9/28/2025	12/31/2025	3/29/2026
Net Change in Cash & Equivalents	-5.91	4.25	0.05	12	-2.33	5.34	-17	25	-13	-13	-4.17
Net Cash From Operating Activities	22	31	19	26	-1.75	4.13	-7.85	40	7.43	6.15	-2.86
Net Cash From Continuing Operating Activities	22	31	19	26	-1.75	4.13	-7.85	40	7.43	6.15	-2.86
Net Income / (Loss) Continuing Operations	0.75	1.20	3.73	17	-6.29	-38	2.82	11	-0.81	6.30	7.26
Consolidated Net Income / (Loss)	0.75	1.20	3.73	17	-6.29	-38	2.82	11	-0.81	6.30	7.26
Depreciation Expense	2.79	2.57	2.46	2.67	2.23	3.19	2.30	2.22	2.67	2.52	2.52
Amortization Expense	5.43	5.42	5.29	5.26	5.17	5.15	5.30	5.13	5.24	5.24	5.20
Non-Cash Adjustments To Reconcile Net Income	8.24	-4.01	7.75	-0.60	6.96	56	3.32	2.93	-1.27	6.11	1.82
Changes in Operating Assets and Liabilities, net	5.27	26	-0.40	1.25	-9.83	-23	-22	19	1.60	-14	-20
Net Cash From Investing Activities	-0.74	-1.33	-1.09	-1.33	-0.31	4.75	-7.74	-13	-5.51	-5.82	-9.82
Net Cash From Continuing Investing Activities	-0.74	-1.33	-1.09	-1.33	-0.31	4.75	-7.74	-13	-5.51	-5.82	-9.82
Purchase of Property, Plant & Equipment	-1.68	-1.52	-1.27	-1.38	-1.73	-2.43	-2.98	-4.83	-2.15	-2.37	-3.47
Acquisitions	-	-	0.00	-	-	-	-4.76	-8.33	-3.57	-3.57	-6.35
Net Cash From Financing Activities	-27	-26	-18	-12	-0.27	-4.29	-2.37	-2.09	-15	-13	9.00
Net Cash From Continuing Financing Activities	-27	-26	-18	-12	-0.27	-4.29	-2.37	-2.09	-15	-13	9.00
Repayment of Debt	-26	-26	-17	-12	-0.23	-4.29	-1.78	-1.83	-15	-23	0.00
Issuance of Debt	-	-	-	-	-	-	0.00	-	-	-	10
Other Financing Activities, net	-1.06	-0.41	-0.92	-0.52	-0.05	-	-0.59	-0.26	-	0.35	-1.00
Effect of Exchange Rate Changes	-	-	-0.04	-0.03	-	-	0.94	-	-0.02	-0.69	-0.50
Cash Interest Paid	21	14	13	13	13	13	12	7.80	16	11	11
Cash Income Taxes Paid	4.02	-	0.00	6.36	1.24	3.55	0.00	4.89	3.43	2.10	0.01

This table presents Holley's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	1,065	1,193	1,250	1,203	1,133	1,164
Total Current Assets	258	292	325	297	297	316
Cash & Equivalents	72	36	26	41	56	37
Accounts Receivable	47	51	47	48	36	58
Inventories, net	134	185	234	192	193	206
Prepaid Expenses	5.04	19	18	16	13	15
Plant, Property, & Equipment, net	44	51	52	47	41	45
Total Noncurrent Assets	764	850	872	859	795	803
Goodwill	359	411	418	419	372	372
Intangible Assets	405	438	425	410	387	397
Other Noncurrent Operating Assets	-	0.00	30	29	36	33
Total Liabilities & Shareholders' Equity	1,065	1,193	1,250	1,203	1,133	1,164
Total Liabilities	825	889	834	762	712	715
Total Current Liabilities	82	92	101	94	95	115
Short-Term Debt	5.53	7.88	7.00	7.46	7.20	6.57
Accounts Payable	35	46	45	44	45	60
Accrued Expenses	20	35	43	42	43	48
Other Current Nonoperating Liabilities	-	3.36	5.99	0.46	0.00	0.12
Total Noncurrent Liabilities	743	797	732	668	617	600
Long-Term Debt	649	638	644	577	545	516
Noncurrent Deferred & Payable Income Tax Liabilities	71	70	58	54	37	47
Other Noncurrent Operating Liabilities	2.15	89	30	38	34	37
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	240	304	416	441	421	449
Total Preferred & Common Equity	240	304	416	441	421	449
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	240	304	416	441	421	449
Common Stock	239	330	368	374	378	385
Retained Earnings	2.17	-25	49	68	45	64
Accumulated Other Comprehensive Income / (Loss)	-0.67	-0.26	-0.94	-0.71	-1.16	0.12

This table presents Holley's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	10/2/2022	4/2/2023	7/2/2023	10/1/2023	3/31/2024	6/30/2024	9/29/2024	3/30/2025	6/29/2025	9/28/2025	3/29/2026
Total Assets	1,257	1,242	1,251	1,219	1,192	1,198	1,184	1,144	1,158	1,165	1,179
Total Current Assets	325	324	333	305	290	301	299	288	303	316	318
Cash & Equivalents	17	21	43	37	41	53	51	39	64	51	33
Accounts Receivable	60	56	57	47	49	56	44	51	51	50	59
Inventories, net	231	229	218	207	184	174	179	189	181	196	211
Prepaid Expenses	18	18	16	13	16	16	16	9.08	7.53	20	15
Plant, Property, & Equipment, net	55	51	50	48	46	43	43	42	45	44	46
Total Noncurrent Assets	877	868	868	866	856	853	843	814	810	805	814
Goodwill	417	418	419	419	419	419	413	372	372	372	375
Intangible Assets	428	421	418	414	407	403	399	407	404	400	397
Other Noncurrent Operating Assets	31	28	31	34	30	31	31	35	34	33	42
Total Liabilities & Shareholders' Equity	1,257	1,242	1,251	1,219	1,192	1,198	1,184	1,144	1,158	1,165	1,179
Total Liabilities	839	822	815	781	747	735	725	720	720	725	723
Total Current Liabilities	96	96	103	89	102	108	102	101	104	114	100
Short-Term Debt	6.00	6.57	6.57	6.57	7.44	7.44	7.48	7.07	6.88	6.65	6.57
Accounts Payable	44	37	44	40	50	59	53	38	44	51	51
Accrued Expenses	42	46	47	42	44	41	41	56	52	52	39
Other Current Nonoperating Liabilities	4.78	5.91	6.26	0.32	0.44	0.36	0.49	-	-	4.32	3.88
Total Noncurrent Liabilities	742	726	712	692	645	627	624	619	617	611	623
Long-Term Debt	636	636	629	604	560	549	549	544	543	529	531
Noncurrent Deferred & Payable Income Tax Liabilities	66	56	48	50	52	49	45	37	36	44	48
Other Noncurrent Operating Liabilities	41	34	35	39	33	30	30	37	38	39	44
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	418	420	435	438	445	463	459	425	438	440	456
Total Preferred & Common Equity	418	420	435	438	445	463	459	425	438	440	456
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	418	420	435	438	445	463	459	425	438	440	456
Common Stock	353	368	370	372	374	375	377	378	380	382	386
Retained Earnings	64	53	66	67	72	89	83	48	58	58	71
Accumulated Other Comprehensive Income / (Loss)	1.00	-1.14	-0.87	-1.05	-0.90	-0.85	-0.47	-1.45	-0.21	0.17	-0.84

This table displays calculated financial ratios and metrics derived from Holley's official financial filings.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	32,187,500.00	115,805,639.00	-	-	-	120,509,897.00
DEI Adjusted Shares Outstanding	0.00	32,187,500.00	115,805,639.00	-	-	-	120,509,897.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	1.02	-0.23	-	-	-	0.16
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	36.76%	37.42%	-0.64%	-4.17%	-8.71%	1.87%
EBITDA Growth	0.00%	57.06%	-39.75%	133.05%	-20.67%	-53.24%	98.19%
EBIT Growth	0.00%	85.47%	-57.79%	229.37%	-26.24%	-71.96%	227.11%
NOPAT Growth	0.00%	108.86%	-19.44%	-11.86%	36.74%	-84.30%	437.96%
Net Income Growth	0.00%	1,677.01%	-182.60%	371.84%	-74.00%	-221.14%	182.53%
EPS Growth	0.00%	4,800.00%	-161.22%	146.67%	14.29%	-225.00%	180.00%
Operating Cash Flow Growth	0.00%	838.77%	-75.59%	-42.96%	615.50%	-46.76%	-1.45%
Free Cash Flow Firm Growth	0.00%	0.00%	99.25%	-1,273.45%	255.95%	-39.17%	-50.29%
Invested Capital Growth	0.00%	0.00%	7.03%	14.10%	-5.90%	-6.81%	1.83%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-3.59%	0.23%	-2.53%	2.57%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-7.04%	27.64%	-46.48%	81.16%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-8.69%	42.50%	-66.59%	167.25%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-35.72%	136.15%	-83.22%	133.85%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	3.49%	596.95%	-247.53%	176.98%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-68.18%	134.04%	-266.67%	172.73%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-42.79%	39.43%	54.52%	-36.62%	4.59%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	97.65%	-28.28%	-35.57%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-0.16%	-2.65%	-4.89%	0.61%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	40.36%	41.30%	41.40%	36.85%	38.82%	39.61%	43.40%
EBITDA Margin	18.57%	21.32%	9.35%	21.93%	18.15%	9.30%	18.09%
Operating Margin	12.50%	16.95%	11.19%	7.37%	14.25%	2.44%	13.44%
EBIT Margin	12.50%	16.95%	5.21%	17.26%	13.28%	4.08%	13.10%
Profit (Net Income) Margin	0.50%	6.52%	-3.92%	10.72%	2.91%	-3.86%	3.13%
Tax Burden Percent	-42.88%	78.83%	162.41%	94.26%	69.55%	88.48%	66.97%
Interest Burden Percent	-9.36%	48.78%	-46.33%	65.88%	31.47%	-106.87%	35.63%
Effective Tax Rate	0.00%	21.17%	0.00%	5.74%	30.45%	0.00%	33.03%
Return on Invested Capital (ROIC)	0.00%	15.72%	6.12%	4.87%	6.44%	1.08%	5.96%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	4.53%	-7.13%	9.05%	-1.43%	-5.36%	-1.38%
Return on Net Nonoperating Assets (RNNOA)	0.00%	11.61%	-16.08%	15.61%	-1.96%	-6.47%	-1.56%
Return on Equity (ROE)	0.00%	27.34%	-9.96%	20.48%	4.48%	-5.39%	4.41%
Cash Return on Invested Capital (CROIC)	0.00%	-184.28%	-0.67%	-8.30%	12.52%	8.13%	4.15%
Operating Return on Assets (OROA)	0.00%	8.02%	3.19%	9.73%	7.14%	2.10%	7.00%
Return on Assets (ROA)	0.00%	3.08%	-2.40%	6.04%	1.56%	-1.99%	1.67%
Return on Common Equity (ROCE)	0.00%	27.34%	-9.96%	20.48%	4.48%	-5.39%	4.41%
Return on Equity Simple (ROE_SIMPLE)	0.00%	13.67%	-8.91%	17.73%	4.35%	-5.52%	0.00%
Net Operating Profit after Tax (NOPAT)	32	67	54	48	65	10	55
NOPAT Margin	8.75%	13.36%	7.83%	6.95%	9.91%	1.70%	9.00%
Net Nonoperating Expense Percent (NNEP)	0.00%	11.19%	13.25%	-4.17%	7.87%	6.44%	7.34%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	4.48%	6.38%	1.05%	5.69%
Cost of Revenue to Revenue	59.64%	58.70%	58.60%	63.15%	61.18%	60.39%	56.60%
SG&A Expenses to Revenue	16.92%	14.06%	16.86%	21.89%	18.23%	21.94%	23.82%
R&D to Revenue	5.60%	4.66%	4.08%	4.22%	3.61%	3.11%	3.07%
Operating Expenses to Revenue	27.51%	24.35%	30.21%	29.48%	24.56%	37.17%	29.95%
Earnings before Interest and Taxes (EBIT)	46	85	36	119	88	25	80
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	68	108	65	151	120	56	111
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	1.34	4.94	0.60	0.01	0.86	1.11
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.68	0.64	2.17	0.36	0.01	0.60	0.81
Price to Earnings (P/E)	135.21	9.81	0.00	3.40	0.28	0.00	25.96
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.74%	10.20%	0.00%	29.43%	360.08%	0.00%	3.85%
Enterprise Value to Invested Capital (EV/IC)	0.00	1.06	2.30	0.84	0.56	0.94	1.05
Enterprise Value to Revenue (EV/Rev)	0.00	1.80	3.05	1.27	0.83	1.43	1.60
Enterprise Value to EBITDA (EV/EBITDA)	0.00	8.42	32.63	5.80	4.58	15.33	8.86
Enterprise Value to EBIT (EV/EBIT)	0.00	10.60	58.60	7.37	6.26	34.93	12.23
Enterprise Value to NOPAT (EV/NOPAT)	0.00	13.44	38.95	18.30	8.39	83.59	17.80
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	10.24	97.93	71.08	6.23	18.30	21.27
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	4.31	11.10	25.58
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	2.72	2.12	1.56	1.32	1.31	1.16
Long-Term Debt to Equity	0.00	2.70	2.09	1.55	1.31	1.30	1.15
Financial Leverage	0.00	2.56	2.26	1.73	1.37	1.21	1.13
Leverage Ratio	0.00	4.43	4.14	3.39	2.86	2.71	2.64
Compound Leverage Factor	0.00	2.16	-1.92	2.23	0.90	-2.90	0.94
Debt to Total Capital	0.00%	73.15%	67.95%	61.00%	56.97%	56.75%	53.79%
Short-Term Debt to Total Capital	0.00%	0.62%	0.83%	0.66%	0.73%	0.74%	0.68%
Long-Term Debt to Total Capital	0.00%	72.54%	67.12%	60.34%	56.25%	56.01%	53.12%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	26.85%	32.05%	39.00%	43.03%	43.25%	46.21%
Debt to EBITDA	0.00	6.09	9.97	4.31	4.88	9.87	4.71
Net Debt to EBITDA	0.00	5.43	9.41	4.14	4.54	8.87	4.37
Long-Term Debt to EBITDA	0.00	6.04	9.84	4.26	4.82	9.74	4.65
Debt to NOPAT	0.00	9.72	11.90	13.60	8.93	53.82	9.46
Net Debt to NOPAT	0.00	8.66	11.23	13.06	8.30	48.36	8.79
Long-Term Debt to NOPAT	0.00	9.64	11.75	13.46	8.82	53.12	9.34
Altman Z-Score	0.00	1.17	1.87	1.31	1.07	1.18	1.46
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.00	3.15	3.18	3.21	3.17	3.12	2.75
Quick Ratio	0.00	1.45	0.96	0.72	0.95	0.97	0.83
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-790	-5.93	-81	127	77	38
Operating Cash Flow to CapEx	126.91%	1,012.17%	145.15%	96.93%	1,978.26%	923.57%	385.20%
Free Cash Flow to Firm to Interest Expense	0.00	-18.04	-0.11	-2.03	2.12	1.52	0.74
Operating Cash Flow to Interest Expense	0.19	2.02	0.41	0.31	1.47	0.92	0.89
Operating Cash Flow Less CapEx to Interest Expense	0.04	1.82	0.13	-0.01	1.39	0.82	0.66
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	0.47	0.61	0.56	0.54	0.52	0.53
Accounts Receivable Turnover	0.00	10.65	14.04	13.98	13.82	14.26	13.05
Inventory Turnover	0.00	2.21	2.55	2.08	1.90	1.89	1.74
Fixed Asset Turnover	0.00	11.53	14.55	13.28	13.28	13.66	14.25
Accounts Payable Turnover	0.00	8.55	10.11	9.59	9.11	8.22	6.62
Days Sales Outstanding (DSO)	0.00	34.27	26.01	26.11	26.40	25.60	27.97
Days Inventory Outstanding (DIO)	0.00	165.18	143.36	175.72	192.55	193.09	209.25
Days Payable Outstanding (DPO)	0.00	42.68	36.10	38.06	40.08	44.40	55.13
Cash Conversion Cycle (CCC)	0.00	156.78	133.27	163.77	178.87	174.29	182.09
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	857	917	1,046	985	918	934
Invested Capital Turnover	0.00	1.18	0.78	0.70	0.65	0.63	0.66
Increase / (Decrease) in Invested Capital	0.00	857	60	129	-62	-67	17
Enterprise Value (EV)	0.00	906	2,114	875	548	858	983
Market Capitalization	250	322	1,504	251	5.33	362	498
Book Value per Share	$0.00	$7.47	$2.63	$3.52	$403.34	$3.52	$3.73
Tangible Book Value per Share	$0.00	($16.26)	($4.71)	($3.61)	($355.08)	($2.82)	($2.66)
Total Capital	0.00	895	950	1,067	1,025	974	972
Total Debt	0.00	655	646	651	584	553	523
Total Long-Term Debt	0.00	649	638	644	577	545	516
Net Debt	0.00	583	609	624	543	496	485
Capital Expenditures (CapEx)	7.42	8.74	15	13	4.45	5.08	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	110	171	205	170	153	170
Debt-free Net Working Capital (DFNWC)	0.00	181	208	231	211	209	208
Net Working Capital (NWC)	0.00	176	200	224	204	202	201
Net Nonoperating Expense (NNE)	30	35	81	-26	46	34	36
Net Nonoperating Obligations (NNO)	0.00	616	613	630	544	496	486
Total Depreciation and Amortization (D&A)	22	22	29	32	32	31	31
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	21.78%	24.75%	29.71%	25.77%	25.45%	27.77%
Debt-free Net Working Capital to Revenue	0.00%	36.00%	29.99%	33.51%	32.00%	34.77%	33.84%
Net Working Capital to Revenue	0.00%	34.90%	28.86%	32.50%	30.87%	33.57%	32.77%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.30)	$0.63	$0.16	($0.20)	$0.16
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	117.99M	116.76M	117.38M	118.44M	119.21M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.30)	$0.14	$0.16	($0.20)	$0.16
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	117.99M	117.25M	118.51M	118.44M	120.04M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	89.96M	118.24M	118.80M	119.96M	120.94M
Normalized Net Operating Profit after Tax (NOPAT)	36	75	71	54	67	45	57
Normalized NOPAT Margin	9.69%	14.88%	10.22%	7.89%	10.19%	7.54%	9.32%
Pre Tax Income Margin	-1.17%	8.27%	-2.41%	11.37%	4.18%	-4.36%	4.67%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	0.91	1.95	0.68	2.95	1.46	0.48	1.55
NOPAT to Interest Expense	0.64	1.54	1.03	1.19	1.09	0.20	1.07
EBIT Less CapEx to Interest Expense	0.77	1.75	0.40	2.64	1.39	0.38	1.32
NOPAT Less CapEx to Interest Expense	0.49	1.34	0.75	0.87	1.02	0.10	0.84
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	22.55%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	22.55%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Holley's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/1/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/31/2024	3/30/2025	6/29/2025	9/28/2025	12/31/2025	3/29/2026
DEI Shares Outstanding	-	-	-	-	-	-	119,958,936.00	120,180,639.00	120,499,661.00	120,509,897.00	120,941,585.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	119,958,936.00	120,180,639.00	120,499,661.00	120,509,897.00	120,941,585.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	0.02	0.09	-0.01	0.05	0.06
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.13%	1.00%	-7.88%	-3.29%	-14.37%	-10.05%	-3.53%	-1.67%	3.23%	10.98%	-3.73%
EBITDA Growth	-49.49%	1,091.44%	-32.25%	15.34%	-40.90%	-173.82%	25.11%	-12.87%	34.06%	240.75%	-1.54%
EBIT Growth	-59.28%	441.56%	-42.00%	19.88%	-56.28%	-245.08%	40.17%	-14.22%	61.95%	173.51%	-2.80%
NOPAT Growth	59.73%	229.44%	-29.33%	9.32%	-23.77%	-265.72%	4.36%	-16.41%	-809.32%	161.92%	-0.64%
Net Income Growth	-97.62%	107.89%	-12.17%	31.79%	-936.17%	-3,243.26%	-24.48%	-36.49%	87.18%	116.68%	157.61%
EPS Growth	-96.30%	0.00%	-25.00%	27.27%	-600.00%	0.00%	-33.33%	-35.71%	80.00%	118.75%	200.00%
Operating Cash Flow Growth	359.37%	21,000.68%	417.81%	-16.48%	-107.78%	-86.79%	-141.66%	57.67%	525.06%	49.13%	63.61%
Free Cash Flow Firm Growth	120.54%	153.28%	205.81%	913.25%	21.05%	-36.76%	-45.45%	-32.18%	-83.36%	-109.08%	-127.52%
Invested Capital Growth	-3.49%	-5.90%	-7.29%	-6.61%	-4.61%	-6.81%	-3.60%	-4.39%	-3.73%	1.83%	2.92%
Revenue Q/Q Growth	-10.69%	-0.53%	1.88%	6.85%	-20.92%	4.49%	9.28%	8.90%	-16.97%	12.33%	-5.22%
EBITDA Q/Q Growth	-29.04%	12.93%	-22.28%	85.21%	-63.64%	-241.06%	231.71%	28.98%	-44.06%	48.10%	-7.87%
EBIT Q/Q Growth	-38.63%	20.69%	-30.01%	131.25%	-77.62%	-500.51%	167.62%	41.52%	-57.74%	81.79%	-10.59%
NOPAT Q/Q Growth	-77.56%	139.63%	9.56%	85.57%	-84.35%	-620.96%	168.99%	48.64%	-232.76%	145.47%	10.72%
Net Income Q/Q Growth	-94.21%	59.84%	210.32%	358.58%	-136.76%	-500.86%	107.46%	285.62%	-107.42%	881.76%	15.17%
EPS Q/Q Growth	-90.91%	0.00%	0.00%	366.67%	-135.71%	-540.00%	106.25%	350.00%	-111.11%	700.00%	0.00%
Operating Cash Flow Q/Q Growth	-26.88%	38.92%	-39.66%	36.27%	-106.81%	336.04%	-290.26%	615.76%	-81.65%	-17.19%	-146.43%
Free Cash Flow Firm Q/Q Growth	463.85%	77.24%	21.50%	3.80%	-45.84%	-7.41%	4.80%	29.05%	-86.71%	-150.53%	-217.54%
Invested Capital Q/Q Growth	-2.27%	-2.65%	-1.31%	-0.54%	-0.18%	-4.89%	2.08%	-1.35%	0.51%	0.61%	3.18%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	37.29%	38.70%	32.82%	41.47%	39.02%	45.62%	41.88%	41.74%	43.24%	46.80%	41.22%
EBITDA Margin	15.83%	17.97%	13.71%	23.76%	10.92%	-14.75%	17.77%	21.05%	14.18%	18.70%	18.18%
Operating Margin	12.34%	12.07%	6.43%	16.45%	4.15%	-20.69%	12.64%	16.51%	11.47%	12.71%	11.88%
EBIT Margin	10.58%	12.83%	8.82%	19.08%	5.40%	-20.70%	12.81%	16.64%	8.47%	13.71%	12.93%
Profit (Net Income) Margin	0.48%	0.77%	2.35%	10.09%	-4.69%	-26.98%	1.84%	6.52%	-0.58%	4.05%	4.93%
Tax Burden Percent	26.44%	65.15%	131.38%	89.27%	80.91%	93.32%	72.36%	75.62%	-174.08%	63.58%	79.43%
Interest Burden Percent	17.18%	9.23%	20.30%	59.25%	-107.38%	139.66%	19.86%	51.79%	3.95%	46.51%	47.95%
Effective Tax Rate	73.56%	34.85%	-31.38%	10.73%	0.00%	0.00%	27.64%	24.38%	274.08%	36.42%	20.57%
Return on Invested Capital (ROIC)	2.09%	5.11%	5.41%	9.40%	1.82%	-9.17%	5.72%	7.84%	-12.61%	5.35%	6.04%
ROIC Less NNEP Spread (ROIC-NNEP)	1.36%	3.23%	3.73%	7.98%	-0.07%	-12.54%	3.57%	5.83%	-7.22%	4.08%	4.73%
Return on Net Nonoperating Assets (RNNOA)	1.91%	4.42%	4.98%	9.80%	-0.08%	-15.12%	4.26%	6.41%	-8.00%	4.60%	5.48%
Return on Equity (ROE)	4.00%	9.53%	10.39%	19.20%	1.73%	-24.29%	9.98%	14.25%	-20.61%	9.96%	11.52%
Cash Return on Invested Capital (CROIC)	6.24%	12.52%	13.45%	13.33%	10.91%	8.13%	5.41%	6.22%	6.30%	4.15%	3.03%
Operating Return on Assets (OROA)	5.62%	6.90%	4.68%	9.98%	2.78%	-10.67%	6.54%	8.39%	4.31%	7.32%	6.77%
Return on Assets (ROA)	0.26%	0.42%	1.25%	5.28%	-2.41%	-13.91%	0.94%	3.29%	-0.30%	2.17%	2.58%
Return on Common Equity (ROCE)	4.00%	9.53%	10.39%	19.20%	1.73%	-24.29%	9.98%	14.25%	-20.61%	9.96%	11.52%
Return on Equity Simple (ROE_SIMPLE)	0.63%	0.00%	4.19%	4.92%	3.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	5.11	12	13	25	3.89	-20	14	21	-28	13	14
NOPAT Margin	3.26%	7.86%	8.45%	14.68%	2.91%	-14.48%	9.15%	12.48%	-19.96%	8.08%	9.44%
Net Nonoperating Expense Percent (NNEP)	0.72%	1.88%	1.68%	1.41%	1.89%	3.36%	2.15%	2.01%	-5.39%	1.27%	1.30%
Return On Investment Capital (ROIC_SIMPLE)	-	1.19%	-	-	-	-2.08%	1.43%	2.11%	-2.83%	1.29%	1.40%
Cost of Revenue to Revenue	62.71%	61.30%	67.18%	58.53%	60.98%	54.38%	58.12%	58.26%	56.76%	53.20%	58.78%
SG&A Expenses to Revenue	18.45%	20.71%	20.80%	20.40%	22.46%	24.61%	23.98%	19.77%	24.19%	27.67%	24.03%
R&D to Revenue	3.90%	3.15%	3.03%	2.54%	3.45%	3.55%	2.67%	3.05%	3.41%	3.18%	2.71%
Operating Expenses to Revenue	24.95%	26.63%	26.38%	25.02%	34.87%	66.31%	29.24%	25.23%	31.78%	34.09%	29.34%
Earnings before Interest and Taxes (EBIT)	17	20	14	32	7.24	-29	20	28	12	21	19
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	25	28	22	40	15	-21	27	35	20	29	27
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.35	0.01	1.19	0.92	0.79	0.86	0.74	0.57	0.89	1.11	0.77
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.90	0.01	0.82	0.67	0.59	0.60	0.53	0.42	0.65	0.81	0.58
Price to Earnings (P/E)	214.58	0.28	28.39	18.74	23.04	0.00	0.00	0.00	0.00	25.96	14.90
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.47%	360.08%	3.52%	5.34%	4.34%	0.00%	0.00%	0.00%	0.00%	3.85%	6.71%
Enterprise Value to Invested Capital (EV/IC)	1.15	0.56	1.09	0.96	0.90	0.94	0.88	0.80	0.94	1.05	0.89
Enterprise Value to Revenue (EV/Rev)	1.77	0.83	1.63	1.45	1.41	1.43	1.39	1.24	1.47	1.60	1.41
Enterprise Value to EBITDA (EV/EBITDA)	12.40	4.58	9.66	8.11	8.30	15.33	13.47	13.06	14.31	8.86	7.74
Enterprise Value to EBIT (EV/EBIT)	18.93	6.26	13.63	11.23	11.81	34.93	27.42	28.73	29.14	12.23	10.73
Enterprise Value to NOPAT (EV/NOPAT)	42.02	8.39	17.79	14.30	14.20	83.59	49.67	44.80	37.10	17.80	15.23
Enterprise Value to Operating Cash Flow (EV/OCF)	20.41	6.23	10.23	9.47	11.74	18.30	40.96	20.99	19.83	21.27	16.72
Enterprise Value to Free Cash Flow (EV/FCFF)	18.10	4.31	7.78	6.97	8.06	11.10	16.02	12.49	14.69	25.58	29.70
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.39	1.32	1.28	1.20	1.21	1.31	1.30	1.26	1.22	1.16	1.18
Long-Term Debt to Equity	1.38	1.31	1.26	1.18	1.20	1.30	1.28	1.24	1.20	1.15	1.16
Financial Leverage	1.41	1.37	1.33	1.23	1.20	1.21	1.20	1.10	1.11	1.13	1.16
Leverage Ratio	2.89	2.86	2.81	2.73	2.68	2.71	2.69	2.62	2.61	2.64	2.64
Compound Leverage Factor	0.50	0.26	0.57	1.61	-2.88	3.78	0.53	1.35	0.10	1.23	1.27
Debt to Total Capital	58.21%	56.97%	56.06%	54.56%	54.81%	56.75%	56.49%	55.68%	54.91%	53.79%	54.10%
Short-Term Debt to Total Capital	0.63%	0.73%	0.74%	0.73%	0.74%	0.74%	0.72%	0.70%	0.68%	0.68%	0.66%
Long-Term Debt to Total Capital	57.59%	56.25%	55.32%	53.83%	54.07%	56.01%	55.77%	54.99%	54.23%	53.12%	53.44%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	41.79%	43.03%	43.94%	45.44%	45.19%	43.25%	43.51%	44.32%	45.09%	46.21%	45.90%
Debt to EBITDA	6.50	4.88	5.19	4.85	5.32	9.87	8.97	9.78	8.74	4.71	4.86
Net Debt to EBITDA	6.11	4.54	4.81	4.38	4.83	8.87	8.33	8.64	7.91	4.37	4.56
Long-Term Debt to EBITDA	6.43	4.82	5.12	4.78	5.25	9.74	8.86	9.65	8.63	4.65	4.80
Debt to NOPAT	22.03	8.93	9.56	8.55	9.09	53.82	33.08	33.53	22.67	9.46	9.56
Net Debt to NOPAT	20.70	8.30	8.87	7.73	8.26	48.36	30.74	29.64	20.52	8.79	8.97
Long-Term Debt to NOPAT	21.79	8.82	9.43	8.43	8.97	53.12	32.66	33.11	22.39	9.34	9.44
Altman Z-Score	1.33	0.89	1.28	1.27	1.14	1.02	1.10	1.08	1.15	1.29	1.17
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.43	3.17	2.85	2.80	2.93	3.12	2.86	2.93	2.78	2.75	3.17
Quick Ratio	0.95	0.95	0.88	1.02	0.94	0.97	0.89	1.11	0.88	0.83	0.92
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	42	74	90	93	51	47	49	63	8.40	-4.25	-13
Operating Cash Flow to CapEx	3,025.57%	2,351.58%	1,727.13%	1,937.96%	-562.06%	175.50%	-263.42%	838.59%	382.99%	273.35%	-82.31%
Free Cash Flow to Firm to Interest Expense	3.04	4.08	8.06	7.08	3.36	4.07	3.12	4.73	0.75	-0.37	-1.36
Operating Cash Flow to Interest Expense	1.64	1.72	1.69	1.95	-0.12	0.36	-0.50	3.03	0.66	0.54	-0.29
Operating Cash Flow Less CapEx to Interest Expense	1.59	1.65	1.59	1.85	-0.14	0.15	-0.69	2.67	0.49	0.34	-0.64
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.53	0.54	0.53	0.52	0.51	0.52	0.51	0.50	0.51	0.53	0.52
Accounts Receivable Turnover	12.29	13.82	12.31	11.32	13.45	14.26	11.98	11.09	12.72	13.05	11.05
Inventory Turnover	1.90	1.90	1.96	2.04	1.98	1.89	1.85	1.94	1.82	1.74	1.73
Fixed Asset Turnover	12.81	13.28	13.32	13.74	13.62	13.66	13.55	13.49	13.83	14.25	13.79
Accounts Payable Turnover	9.97	9.11	9.26	7.80	8.28	8.22	7.88	6.67	6.56	6.62	7.81
Days Sales Outstanding (DSO)	29.70	26.40	29.66	32.24	27.14	25.60	30.47	32.91	28.69	27.97	33.02
Days Inventory Outstanding (DIO)	192.44	192.55	185.81	178.68	184.16	193.09	196.79	188.01	200.81	209.25	211.46
Days Payable Outstanding (DPO)	36.62	40.08	39.43	46.78	44.08	44.40	46.33	54.70	55.68	55.13	46.76
Cash Conversion Cycle (CCC)	185.52	178.87	176.03	164.14	167.22	174.29	180.94	166.22	173.82	182.09	197.73
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,011	985	972	967	965	918	937	924	929	934	964
Invested Capital Turnover	0.64	0.65	0.64	0.64	0.63	0.63	0.63	0.63	0.63	0.66	0.64
Increase / (Decrease) in Invested Capital	-37	-62	-76	-68	-47	-67	-35	-42	-36	17	27
Enterprise Value (EV)	1,164	548	1,056	930	869	858	828	735	876	983	856
Market Capitalization	591	5.33	530	427	363	362	315	249	392	498	352
Book Value per Share	$3.70	$403.34	$3.75	$3.88	$3.83	$3.52	$3.54	$3.64	$3.65	$3.73	$3.77
Tangible Book Value per Share	($3.34)	($355.08)	($3.21)	($3.01)	($2.95)	($2.82)	($2.96)	($2.81)	($2.76)	($2.66)	($2.61)
Total Capital	1,048	1,025	1,012	1,019	1,015	974	976	988	975	972	993
Total Debt	610	584	568	556	556	553	551	550	536	523	537
Total Long-Term Debt	604	577	560	549	549	545	544	543	529	516	531
Net Debt	573	543	526	503	506	496	512	486	485	485	504
Capital Expenditures (CapEx)	0.74	1.33	1.09	1.33	0.31	2.35	2.98	4.83	1.94	2.25	3.47
Debt-free, Cash-free Net Working Capital (DFCFNWC)	186	170	154	148	153	153	155	143	158	170	191
Debt-free Net Working Capital (DFNWC)	222	211	196	201	204	209	194	207	209	208	224
Net Working Capital (NWC)	216	204	188	194	197	202	187	200	202	201	218
Net Nonoperating Expense (NNE)	4.36	11	9.68	7.78	10	17	11	9.94	-27	6.26	6.65
Net Nonoperating Obligations (NNO)	574	544	527	503	506	496	512	486	489	486	508
Total Depreciation and Amortization (D&A)	8.22	7.99	7.76	7.93	7.40	8.34	7.60	7.34	7.91	7.76	7.73
Debt-free, Cash-free Net Working Capital to Revenue	28.19%	25.77%	23.90%	23.10%	24.83%	25.45%	26.04%	24.03%	26.43%	27.77%	31.44%
Debt-free Net Working Capital to Revenue	33.78%	32.00%	30.26%	31.39%	33.04%	34.77%	32.59%	34.78%	34.91%	33.84%	36.88%
Net Working Capital to Revenue	32.79%	30.87%	29.11%	30.23%	31.83%	33.57%	31.40%	33.62%	33.80%	32.77%	35.80%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.01	$0.00	$0.03	$0.14	($0.05)	($0.32)	$0.02	$0.09	($0.01)	$0.06	$0.06
Adjusted Weighted Average Basic Shares Outstanding	117.40M	117.38M	117.87M	118.47M	118.69M	118.44M	118.85M	119.16M	119.41M	119.21M	119.81M
Adjusted Diluted Earnings per Share	$0.01	$0.00	$0.03	$0.14	($0.05)	($0.32)	$0.02	$0.09	($0.01)	$0.06	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	119.25M	118.51M	119.51M	119.26M	118.69M	118.44M	119.56M	119.79M	119.41M	120.04M	122.00M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.09M	118.80M	119.31M	119.78M	119.80M	119.96M	120.18M	120.50M	120.51M	120.94M	121.46M
Normalized Net Operating Profit after Tax (NOPAT)	14	13	7.58	25	9.82	-20	14	21	12	13	15
Normalized NOPAT Margin	8.83%	8.09%	4.78%	14.68%	7.32%	-14.48%	9.36%	12.64%	8.71%	8.38%	9.91%
Pre Tax Income Margin	1.82%	1.18%	1.79%	11.30%	-5.80%	-28.91%	2.54%	8.62%	0.33%	6.38%	6.20%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.21	1.10	1.25	2.45	0.48	-2.52	1.25	2.07	1.04	1.87	1.92
NOPAT to Interest Expense	0.37	0.68	1.20	1.89	0.26	-1.76	0.89	1.56	-2.45	1.10	1.40
EBIT Less CapEx to Interest Expense	1.15	1.03	1.16	2.35	0.46	-2.73	1.06	1.71	0.87	1.67	1.57
NOPAT Less CapEx to Interest Expense	0.32	0.60	1.11	1.79	0.24	-1.97	0.70	1.19	-2.63	0.90	1.05
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Holley’s latest quarter shows a mixed picture: revenue and profitability improved sequentially from late 2025, but the balance sheet remains highly leveraged and cash flow was negative in Q1 2026.

For Q1 2026, Holley reported revenue of $147.3 million, down from $155.4 million in Q4 2025 and $153.0 million in Q1 2025. Net income was $7.3 million, an improvement from $6.3 million in Q4 2025 and a sharp turnaround from the $0.8 million loss in Q3 2025. Operating income also improved to $17.5 million.

The more important concern is cash generation. Holley posted negative operating cash flow of $2.9 million in Q1 2026, after generating $6.2 million in Q4 2025. The quarter also included $9.8 million of investing outflows and a modest amount of debt issuance, leaving cash and equivalents at $33.1 million, down from $50.7 million in Q3 2025 and $39.1 million in Q1 2025.

Debt remains the biggest issue. As of Q1 2026, Holley carried $530.8 million of long-term debt and $6.6 million of short-term debt against just $33.1 million in cash. That leaves the company with substantial financial leverage despite $456.0 million of common equity.

Over the last four years, Holley has shown a pattern of volatile but improving operating results versus the weak period in late 2022 and early 2023. Revenue has generally stabilized in the mid-$140 million to mid-$170 million quarterly range, but margins and interest burden have been choppy. In several quarters, high interest expense wiped out operating profits.

Net income improved sequentially to $7.3 million in Q1 2026 from $6.3 million in Q4 2025.
Operating income remained positive at $17.5 million, showing the core business can still generate profit.
Gross profit held up well at $60.7 million on $147.3 million of revenue.
Inventory declined slightly from Q3 2025 to Q1 2026, which may help working capital over time.
Revenue dipped quarter over quarter, from $155.4 million in Q4 2025 to $147.3 million in Q1 2026.
SG&A and restructuring costs remain meaningful, but were lower than in some prior periods.
PP&E investment continued, indicating ongoing capital spending and integration activity.
Operating cash flow was negative at $2.9 million in Q1 2026.
Total debt remains heavy at more than $537 million combined short- and long-term borrowings.
Interest expense is still a major drag, with $9.9 million of interest expense in Q1 2026.

Bottom line: Holley has made progress on earnings, but investors should keep a close eye on cash flow and leverage. The company’s profitability appears to be recovering, yet the balance sheet is still stretched and could limit flexibility if sales weaken again.

07/14/26 03:06 PM ETAI Generated. May Contain Errors.

Holley Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Holley's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Holley's net income appears to be on a downward trend, with a most recent value of $19.18 million in 2025, rising from $1.85 million in 2019. The previous period was -$23.24 million in 2024. See Holley's forecast for analyst expectations on what's next for the company.

Holley's total operating income in 2025 was $82.48 million, based on the following breakdown:

Total Gross Profit: $266.24 million
Total Operating Expenses: $183.75 million

Over the last 6 years, Holley's total revenue changed from $368.66 million in 2019 to $613.51 million in 2025, a change of 66.4%.

Holley's total liabilities were at $715.03 million at the end of 2025, a 0.4% increase from 2024, and a 13.3% decrease since 2020.

In the past 5 years, Holley's cash and equivalents has ranged from $26.15 million in 2022 to $71.67 million in 2020, and is currently $37.23 million as of their latest financial filing in 2025.

Over the last 6 years, Holley's book value per share changed from 0.00 in 2019 to 3.73 in 2025, a change of 372.5%.

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Financial statements for NYSE:HLLY last updated on 7/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Holley (HLLY) Financials

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Holley (HLLY) Financials

Annual Income Statements for Holley

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Annual Cash Flow Statements for Holley

Quarterly Cash Flow Statements for Holley

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Quarterly Balance Sheets for Holley

Annual Metrics And Ratios for Holley

Quarterly Metrics And Ratios for Holley

Financials Breakdown Chart

Key Financial Trends

Holley Financials - Frequently Asked Questions

When does Holley's fiscal year end?

How has Holley's net income changed over the last 6 years?

What is Holley's operating income?

How has Holley's revenue changed over the last 6 years?

How much debt does Holley have?

How much cash does Holley have?

How has Holley's book value per share changed over the last 6 years?

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