HI · Hillenbrand, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.67B | $3.18B | $2.83B | $2.94B | $2.86B | $2.52B |
| Cost of Revenue | $1.77B | $2.13B | $1.88B | $1.99B | $1.91B | $1.70B |
| Gross Profit | $900.80M | $1.06B | $948.20M | $954.60M | $957.30M | $813.30M |
| R&D | $34.10M | $36.70M | $25.40M | $20.90M | $21.40M | $18.60M |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $650.00M | $707.80M | $574.00M | $522.10M | $538.20M | $538.20M |
| D&A | $138.50M | $158.00M | $125.60M | $108.20M | $115.10M | $130.60M |
| Operating Income | ($2.40M) | ($139.40M) | $206.60M | $314.00M | $353.80M | $176.70M |
| Interest Expense | $94.50M | $121.50M | $77.70M | $69.80M | $77.60M | $77.40M |
| Income Tax | ($54.50M) | $64.80M | $102.80M | $98.80M | $98.60M | $34.90M |
| Net Income | $43.10M | ($211.00M) | $249.90M | $208.90M | $249.90M | ($60.10M) |
| EPS - Basic | $0.61 | ($3.00) | $8.16 | $2.91 | $3.34 | ($0.82) |
| EPS - Diluted | $0.61 | ($3.00) | $8.13 | $2.89 | $3.31 | ($0.82) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $164.80M | $199.30M | $242.90M | $234.10M | $446.10M | $302.20M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | $344.00M | $525.20M | $592.60M | $533.80M | $411.60M | $385.40M |
| Accounts Payable | $364.40M | $444.80M | $451.50M | $433.00M | $361.30M | $271.60M |
| Current Assets | $1.24B | $1.51B | $1.61B | $1.40B | $1.43B | $1.37B |
| Total Assets | $4.47B | $5.24B | $5.55B | $3.87B | $4.01B | $3.99B |
| Current Liabilities | $1.02B | $1.19B | $1.29B | $1.08B | $1.04B | $852.10M |
| Long-term Debt | $1.50B | $1.87B | $1.99B | $1.22B | $1.21B | $1.52B |
| Total Liabilities | $3.04B | $3.78B | $3.88B | $2.76B | $2.78B | $2.91B |
| Stockholders' Equity | $1.39B | $1.42B | $1.63B | $1.08B | $1.21B | $1.06B |
| Retained Earnings | $1.02B | $1.05B | $1.32B | $812.00M | $666.20M | $481.40M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $56.20M | $191.30M | $362.70M | $191.10M | $354.80M | $354.80M |
| Investing Cash Flow | $192.70M | $26.80M | ($722.30M) | ($143.40M) | ($1.30B) | ($1.30B) |
| Financing Cash Flow | ($279.40M) | ($227.10M) | $693.40M | ($244.20M) | $854.90M | $854.90M |
| CapEx | $38.30M | $54.20M | $69.30M | $50.30M | $40.00M | $35.90M |
| Free Cash Flow | $17.90M | $137.10M | $293.40M | $140.80M | $314.80M | $318.90M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 33.7% | 33.2% | 33.6% | 32.5% | 33.4% | 32.3% |
| Operating margin | -0.1% | -4.4% | 7.3% | 10.7% | 12.3% | 7.0% |
| EBITDA margin | 5.1% | 0.6% | 11.8% | 14.4% | 16.4% | 12.2% |
| Net margin | 1.6% | -6.6% | 8.8% | 7.1% | 8.7% | -2.4% |
| Free cash flow margin | 0.7% | 4.3% | 10.4% | 4.8% | 11.0% | 12.7% |
| FCF / Net income | 0.42 | -0.65 | 1.17 | 0.67 | 1.26 | -5.31 |
| R&D / Revenue | 1.3% | 1.2% | 0.9% | 0.7% | 0.7% | 0.7% |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | - | - | 29.1% | 32.1% | 28.3% | - |
| Return on assets | 1.0% | -4.0% | 4.5% | 5.4% | 6.2% | -1.5% |
| Return on equity | 3.1% | -14.8% | 15.3% | 19.3% | 20.7% | -5.7% |
| Return on invested capital | -0.1% | -3.3% | 4.0% | 9.2% | 10.5% | 5.4% |
| Liquidity | ||||||
| Current ratio | 1.22 | 1.27 | 1.25 | 1.30 | 1.39 | 1.61 |
| Quick ratio | 0.88 | 0.83 | 0.79 | 0.81 | 0.99 | 1.16 |
| Cash ratio | 0.16 | 0.17 | 0.19 | 0.22 | 0.43 | 0.35 |
| Leverage | ||||||
| Debt / Equity | 1.08 | 1.32 | 1.22 | 1.13 | 1.00 | 1.43 |
| Debt / Assets | 0.34 | 0.36 | 0.36 | 0.32 | 0.30 | 0.38 |
| Debt / EBITDA | 11.04 | 100.67 | 5.99 | 2.89 | 2.59 | 4.93 |
| Interest coverage | -0.0x | -1.1x | 2.7x | 4.5x | 4.6x | 2.3x |
| Equity multiplier | 3.22 | 3.68 | 3.40 | 3.57 | 3.32 | 3.77 |
| Liabilities / Assets | 0.68 | 0.72 | 0.70 | 0.71 | 0.69 | 0.73 |
| Efficiency | ||||||
| Asset turnover | 0.60 | 0.61 | 0.51 | 0.76 | 0.71 | 0.63 |
| Inventory turnover | 5.15 | 4.05 | 3.17 | 3.72 | 4.63 | 4.42 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 71d | 90d | 115d | 98d | 79d | 83d |
| Days payable outstanding | 75d | 76d | 88d | 80d | 69d | 58d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -16.0% | 12.6% | -3.9% | 2.7% | 13.8% | 39.3% |
| Revenue CAGR (3y) | -3.1% | 3.6% | 3.9% | 17.6% | 17.4% | 16.5% |
| Revenue CAGR (5y) | 1.2% | 12.0% | 9.8% | 13.1% | 13.2% | 9.5% |
| Gross profit growth (YoY) | -14.7% | 11.4% | -0.7% | -0.3% | 17.7% | 30.5% |
| Operating income growth (YoY) | 98.3% | - | -34.2% | -11.2% | 100.2% | 0.0% |
| Net income growth (YoY) | - | - | 19.6% | -16.4% | - | - |
| EPS growth (YoY) | - | - | 181.3% | -12.7% | - | - |
| EPS CAGR (3y) | -40.5% | - | - | 14.6% | 40.2% | - |
| EPS CAGR (5y) | - | - | 46.6% | 8.0% | 13.3% | - |
| FCF growth (YoY) | -86.9% | -53.3% | 108.4% | -55.3% | -1.3% | 107.9% |
| FCF CAGR (5y) | -43.8% | -2.2% | 5.8% | -8.9% | 7.7% | 33.9% |
| Book value growth (YoY) | -2.6% | -12.7% | 50.5% | -10.5% | 14.2% | 40.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Business segments
$4.74B totalAdvanced Process Solutions$2.07B · 43.6%
Process Equipment Group Segment$2.07B · 43.6%
Molding Technology Solutions$604.40M · 12.7%
Geographic
$4.74B totalUS$996.70M · 21.0%
Allotherinternational$944.40M · 19.9%
Americas$923.60M · 19.5%
Europe The Middle East And Africa$607.70M · 12.8%
Asia$538.10M · 11.3%
DE$354.20M · 7.5%
IN$204.30M · 4.3%
CN$174.20M · 3.7%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.02
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Miscellaneous Manufacturing Industries
Comparing Hillenbrand against the 5 most active filers in the same SIC group.