Latest Ratios: P/E Ratio 7.3x · EV/EBITDA 5.0x · ROE 15.2%. (2015–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $434M | $221M | $235M | $246M | $173M | $200M | $240M | $262M | $322M | $352M | — |
| Enterprise Value | $429M | $216M | $284M | $329M | $336M | $296M | $336M | $319M | $364M | $392M | — |
| P/E Ratio → | 7.29 | 8.44 | 7.65 | 9.72 | 6.85 | 9.39 | 5.20 | — | 14.75 | 19.61 | — |
| P/S Ratio | 0.70 | 0.36 | 0.36 | 0.39 | 0.27 | 0.30 | 0.40 | 0.43 | 0.51 | 0.47 | — |
| P/B Ratio | 2.37 | 1.21 | 1.42 | 1.67 | 1.39 | 1.96 | 3.00 | 7.23 | 4.92 | 7.58 | — |
| P/FCF | 4.05 | 20.05 | 3.78 | 2.89 | — | 33.27 | — | 4946.54 | 85.95 | 13.49 | — |
| P/OCF | 31.44 | 16.02 | 3.59 | 2.77 | — | 11.20 | — | 62.79 | 27.24 | 10.51 | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.36 | 0.43 | 0.53 | 0.52 | 0.45 | 0.56 | 0.52 | 0.58 | 0.53 | — |
| EV / EBITDA | 4.97 | 5.08 | 5.91 | 8.33 | 7.69 | 8.11 | 8.13 | 10.34 | 9.63 | 9.29 | — |
| EV / EBIT | 11.72 | 5.96 | 8.34 | 9.47 | 9.08 | 9.30 | 9.41 | 11.73 | 9.55 | 10.36 | — |
| EV / FCF | — | 19.56 | 4.56 | 3.86 | — | 49.18 | — | 6009.84 | 97.21 | 15.04 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.7% | 25.7% | 26.0% | 23.0% | 20.1% | 20.7% | 23.0% | 21.0% | 22.1% | 18.4% | 26.0% |
| Operating Margin | 6.0% | 6.0% | 6.6% | 5.6% | 6.1% | 4.8% | 6.2% | 4.4% | 5.3% | 5.1% | 5.8% |
| Net Profit Margin | 4.4% | 4.4% | 4.7% | 4.0% | 3.9% | 3.2% | 7.7% | -2.2% | 2.8% | 2.1% | 3.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.2% | 15.2% | 19.6% | 18.6% | 22.3% | 23.4% | 79.5% | -26.6% | 31.6% | 28.4% | 35.4% |
| ROA | 6.5% | 6.5% | 7.7% | 6.5% | 6.6% | 5.5% | 13.6% | -4.4% | 5.5% | 5.0% | 8.4% |
| ROIC | 14.0% | 14.0% | 14.6% | 10.2% | 12.0% | 12.6% | 20.9% | 20.1% | 25.9% | 31.9% | 30.0% |
| ROCE | 13.7% | 13.7% | 17.1% | 13.2% | 15.3% | 15.4% | 26.8% | 26.4% | 31.8% | 35.3% | 30.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.23 | 0.23 | 0.57 | 0.67 | 1.31 | 0.95 | 1.23 | 1.61 | 0.71 | 1.11 | 0.59 |
| Debt / EBITDA | 0.99 | 0.99 | 1.96 | 2.49 | 3.75 | 2.66 | 2.38 | 1.90 | 1.23 | 1.22 | 0.78 |
| Net Debt / Equity | — | -0.03 | 0.29 | 0.56 | 1.31 | 0.94 | 1.20 | 1.55 | 0.64 | 0.87 | 0.42 |
| Net Debt / EBITDA | -0.13 | -0.13 | 1.01 | 2.10 | 3.72 | 2.63 | 2.32 | 1.83 | 1.12 | 0.96 | 0.55 |
| Debt / FCF | — | -0.49 | 0.78 | 0.97 | — | 15.92 | — | 1063.30 | 11.26 | 1.55 | 0.48 |
| Interest Coverage | 64.76 | 64.76 | 55.45 | 11.57 | 8.07 | 11.15 | 17.88 | 9.13 | 13.09 | 24.07 | 31.57 |
Net cash position: cash ($47M) exceeds total debt ($42M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.47 | 2.47 | 1.97 | 2.05 | 2.80 | 1.94 | 1.69 | 1.18 | 1.31 | 1.16 | 1.33 |
| Quick Ratio | 1.39 | 1.39 | 1.16 | 1.15 | 1.27 | 0.82 | 0.82 | 0.63 | 0.71 | 0.58 | 0.65 |
| Cash Ratio | 0.38 | 0.38 | 0.30 | 0.11 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.05 | 0.06 |
| Asset Turnover | — | 1.53 | 1.58 | 1.63 | 1.65 | 1.72 | 1.54 | 2.12 | 1.96 | 2.27 | 2.40 |
| Inventory Turnover | 3.37 | 3.37 | 3.88 | 3.81 | 3.28 | 2.85 | 2.67 | 4.40 | 4.00 | 3.53 | 4.30 |
| Days Sales Outstanding | — | 66.48 | 65.27 | 79.01 | 65.57 | 66.29 | 87.54 | 64.66 | 56.98 | 56.22 | 50.96 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.5% | 2.9% | 2.7% | 2.5% | 3.3% | 2.7% | 2.1% | 1.9% | 1.4% | 11.1% | — |
| Payout Ratio | 24.3% | 24.3% | 20.5% | 24.1% | 22.9% | 25.7% | 10.9% | — | 26.3% | 246.6% | 160.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 13.7% | 11.9% | 13.1% | 10.3% | 14.6% | 10.7% | 19.2% | — | 6.8% | 5.1% | — |
| FCF Yield | 24.7% | 5.0% | 26.5% | 34.7% | — | 3.0% | — | 0.0% | 1.2% | 7.4% | — |
| Buyback Yield | 2.1% | 4.1% | 6.0% | 1.3% | 1.7% | 0.0% | 0.0% | 2.3% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 3.6% | 7.0% | 8.7% | 3.7% | 5.1% | 2.7% | 2.1% | 4.1% | 1.4% | 11.1% | — |
| Shares Outstanding | — | $13M | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $14M |
Includes 30+ ratios · 11 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying HBB stock.
Hamilton Beach Brands Holding Company's current P/E ratio is 7.3x. The historical average is 10.2x. This places it at the 25th percentile of its historical range.
Hamilton Beach Brands Holding Company's current EV/EBITDA is 5.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.1x.
Hamilton Beach Brands Holding Company's return on equity (ROE) is 15.2%. The historical average is 24.7%.
Based on historical data, Hamilton Beach Brands Holding Company is trading at a P/E of 7.3x. This is at the 25th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Hamilton Beach Brands Holding Company's current dividend yield is 1.49% with a payout ratio of 24.3%.
Hamilton Beach Brands Holding Company has 25.7% gross margin and 6.0% operating margin.
Hamilton Beach Brands Holding Company's Debt/EBITDA ratio is 1.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.
Key Metrics
Top Statement Risk
Earnings concentration in volatile quarters
Metrics are mathematically derived from official filings.
Earnings Multiple Priced Above Peer Median
According to the supplied valuation data, HBB trades at a trailing P/E of 16.49 and EV/EBITDA of 10.10, a premium to SEB and LCII on EV/EBITDA but a discount to SPB on earnings, suggesting the market prices a normalized earnings base rather than the peak 2026Q2 quarter.
The forward P/E of 20.10 sits above the trailing multiple, which suggests the market expects earnings to compress rather than expand from current levels. Given that the 2026Q2 net margin of 23.6% appears to be an outlier against a typical band below 4%, the trailing P/E may understate the true multiple on recurring earnings. Investors should monitor whether the multiple remains justified if quarterly earnings revert toward historical levels.
Margin Strength Concentrated in One Quarter
Based on reported quarterly figures, HBB's net margin ranged from 1.2% to 23.6% over ten quarters, with the 2026Q2 spike accounting for most of the high-end readings and contrasting with LCII's steadier 4.6% on a comparable basis.
The gross margin band of roughly 25% to 30% across most periods is the more reliable indicator of earning power, while the 54.3% gross margin in 2026Q2 appears non-recurring. Operating margin remained below 7% in most quarters, which suggests SG&A absorbs most incremental gross profit. Investors should monitor whether a normalized operating margin can sustain the current forward multiple.
Returns Oscillate Without Clear Compounding
As reported in the financial statements, HBB's ROIC moved between 0.8% and 16.9% over the period, with most readings below 4%, which compares unfavorably with LCII's 9.1% and suggests returns have not yet compounded consistently.
The spike in ROE and ROIC in 2026Q2 mirrors the margin outlier and therefore appears to reflect earnings concentration rather than structural improvement in capital efficiency. Asset-light operations, with net PP&E declining from $72.9M to $56.0M, support capital turnover, but this has not translated into durable returns. Investors should monitor whether ROIC can hold above 5% through a full seasonal cycle.
Leverage Falls Alongside Seasonal Debt Swings
According to the reported debt figures, HBB's debt-to-equity fell from 0.59 to 0.18 as total debt declined from $95.7M to $40.1M, a movement that appears to track working capital cycles rather than a deliberate deleveraging program.
Interest coverage data is sparse and inconsistent, so the sustainability of debt service cannot be confirmed from the supplied figures. The D/EBITDA ratio of 7.74 in 2026Q3 reflects low trailing EBITDA rather than high debt, which warrants further investigation. Investors should monitor leverage at seasonal peaks rather than at quarter-end lows.
Current Ratio Holds Up Under Seasonal Stress
Based on reported figures, HBB's current ratio stayed between 1.43 and 3.13 across ten quarters while the quick ratio ranged from 0.66 to 2.04, indicating coverage that remains adequate though dependent on inventory conversion.
The gap between current and quick ratios reflects inventory weight in current assets, with DIO swinging from 84 to 171 days. Under severe stress, a quick ratio near 0.66 would leave limited coverage of current liabilities without inventory liquidation. Investors should monitor whether inventory days remain elevated into periods of weaker demand.
Peak Quarter Could Overstate Recurring Earnings
As reported in the ratio data, HBB's 2026Q2 ROE of 16.8% and net margin of 23.6% sit far above the rest of the ten-quarter series, which may indicate the trailing multiples and return metrics are flattered by a single anomalous period.
If the 2026Q2 gross margin of 54.3% proves non-recurring, the more typical 25% to 30% gross margin band implies substantially thinner operating and net profit, which could lift the normalized P/E well above the 16.49 trailing figure. The most commonly misapplied metric here is trailing P/E, since it treats a seasonal peak as a run rate for a business with highly uneven quarterly earnings. Investors should consider normalized or multi-year average earnings and monitor ROIC through a full seasonal cycle before relying on headline return figures.