TORVANTA
Other · S&P 500 · data as of 2026-10-05

HL stock analysis: HL

HL (HL) is an S&P 500 company in Other. It grades strongest on growth.

The model's view of HL · subscribers

Where HL ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with HL · updated 2026-10-05 · from prices and SEC filings

HL price performance

HL against the S&P 500, one year
+0%+50%+100%+150%HL +43%S&P 500 +18%2025-09-292026-10-05
Year to date-11.3%S&P 500 +14.5% · behind by 25.8 pts
1 year+43.1%S&P 500 +17.0% · ahead by 26.0 pts
3 years+376.5%S&P 500 +89.3% · ahead by 287.3 pts
5 years+224.3%S&P 500 +91.3% · ahead by 133.0 pts

Total returns with dividends reinvested.

HL factor grades

Each grade compares HL with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

CValueP/E 34.7x (industry 20.1x)FCF yield 4.5% (industry 6.0%)
AGrowthRevenue growth +51% (industry +8%)EPS growth +206% (industry +10%)
B+ProfitabilityOperating margin 46.0% (industry 9.6%)ROIC 25.0% (industry 10.1%)
C+Momentum12-month change +43%From 52-wk high -46%

HL in plain numbers

HL key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$11.4B
Revenue growth (y/y)+51%
Free-cash-flow yield4.5%
Dividend yield0.1%
Next earnings (expected)2026-11-04
Valuation measures
Market value$11.4B
Enterprise value$10.9B
P/E (trailing)34.7x
Forward P/E (Torvanta estimate)26.9x
PEG (Torvanta estimate)0.92
Price / sales7.1x
Price / book4.3x
EV / revenue6.8x
EV / EBITDA12.2x
Financial highlights
Revenue, last 12 months$1.6B
Net income, last 12 months$334.0M
EPS, last 12 months (GAAP)$0.49
Gross margin53.8%
Operating margin46.0%
Net margin20.8%
Return on equity13.4%
Return on invested capital25.0%
Cash$483.5M
Free cash flow, last 12 months$515.6M
Interest cover13.1x
Current ratio5.20x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

HL earnings trends

Revenue vs earnings
-$19.0M$97.8M$214.5M$331.3M$448.1MSep 2024 Revenue: $245.1MDec 2024 Revenue: $249.7MMar 2025 Revenue: $261.3MJun 2025 Revenue: $304.0MSep 2025 Revenue: $409.5MDec 2025 Revenue: $448.1MMar 2026 Revenue: $411.4MJun 2026 Revenue: $333.9MSep 2024 Net income: $1.8MDec 2024 Net income: $11.9MMar 2025 Net income: $28.9MJun 2025 Net income: $57.7MSep 2025 Net income: $100.7MDec 2025 Net income: $134.4MMar 2026 Net income: -$19.0MJun 2026 Net income: $117.9MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 0.7%Net margin: 4.8%Net margin: 11.0%Net margin: 19.0%Net margin: 24.6%Net margin: 30.0%Net margin: -4.6%Net margin: 35.3%-5%15%35%■ Revenue ■ Net income ━ Net margin
Earnings per share$-0.0$0.0$0.1$0.1$0.2Sep 2024 EPS (GAAP, diluted): $0.0Dec 2024 EPS (GAAP, diluted): $0.0Mar 2025 EPS (GAAP, diluted): $0.1Jun 2025 EPS (GAAP, diluted): $0.1Sep 2025 EPS (GAAP, diluted): $0.2Dec 2025 EPS (GAAP, diluted): $0.2Mar 2026 EPS (GAAP, diluted): $-0.0Jun 2026 EPS (GAAP, diluted): $0.2Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Dec 2025 +900% · Mar 2026 -160% · Jun 2026 +89%

From the company's 10-Q and 10-K filings with the SEC.

HL financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$807.5M$718.9M$720.2M$929.9M$1.4B
Net income$30.7M-$37.3M-$84.2M$35.8M$321.7M
EPS (GAAP)$0.05$0.07$-0.15$0.05$0.49
Free cash flow$111.3M-$59.5M-$148.4M$3.8M$310.2M

HL earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-04$0.17+89%+10%+13.0%
2026-05-05$-0.03-160%+57%+1.0%
2026-02-17$0.20+900%+79%-3.2%
2026-01-26$0.20+900%+79%-11.9%
2025-11-05$0.15n/a+67%+13.9%
2025-08-06$0.09+125%+24%+16.9%

Companies similar to HL

CompanyMarket valueP/ERevenue growthOperating margin12-month change
HL HL$11.4B34.7x+51%46.0%+43%
SF SF$11.4B12.6x+11%n/a-3%compare
LFUS LFUS$11.4Bn/a+13%2.8%+76%compare
ALLY ALLY$11.4B8.9x+11%n/a-2%compare
AA AA$11.5B9.0x+6%n/a+27%
ELS ELS$11.3B29.2x+1%25.6%-2%
AFG AFG$11.6B12.2x-0%14.5%-1%

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Frequently asked questions

Is HL stock a buy?

Torvanta does not tell individuals what to buy. Its grades for HL are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is HL's P/E ratio?

HL trades at about 34.7 times its last 12 months of GAAP earnings reported to the SEC, and about 26.9 times Torvanta's own estimate of the next 12 months.

When does HL report earnings next?

Based on its filing history, Torvanta expects HL to report around 2026-11-04.

Does HL pay a dividend?

Yes. Its dividend yield is about 0.1%.

How has HL performed against the S&P 500?

Over the past year HL returned +43.1%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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