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Hillenbrand, Inc. (HI) 10-Year Financial Performance & Capital Metrics

HI • • Industrial / General
IndustrialsIndustrial MachineryIndustrial Automation & RoboticsFactory Automation Systems
AboutHillenbrand, Inc. operates as a diversified industrial company in the United States and internationally. It operates in three segments: Advanced Process Solutions, Molding Technology Solutions, and Batesville. The Advanced Process Solutions segment designs, engineers, manufactures, markets, and services process and material handling equipment and systems comprising compounding, extrusion, and material handling equipment, as well as offers equipment system design services; and provides screening and separating equipment for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals, energy, wastewater treatment, forest products, and other general industrials. The Molding Technology Solutions segment offers injection molding and extrusion equipment; hot runner systems; process control systems; and mold bases and components for various industries, including automotive, consumer goods, medical, packaging, construction, and electronics. The Batesville segment designs, manufactures, distributes, and sells funeral services products and solutions, such as burial caskets, cremation caskets, containers and urns, other personalization and memorialization products, and web-based technology applications. The company was founded in 1906 and is headquartered in Batesville, Indiana.Show more
  • Revenue $2.67B -16.0%
  • EBITDA $295M -26.0%
  • Net Income $43M +120.4%
  • EPS (Diluted) 0.74 +124.7%
  • Gross Margin 33.69% +1.5%
  • EBITDA Margin 11.03% -11.9%
  • Operating Margin 5.85% -22.5%
  • Net Margin 1.61% +124.3%
  • ROE 2.99% +122.1%
  • ROIC 3.81% -28.0%
  • Debt/Equity 1.12 -19.4%
  • Interest Coverage 1.66 -16.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Healthy dividend yield of 2.8%

✗Weaknesses

  • ✗Dividend payout exceeds 100% of earnings

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y5.29%
5Y1.22%
3Y4.92%
TTM-15.99%

Profit (Net Income) CAGR

10Y-9.06%
5Y-
3Y-40.91%
TTM120.43%

EPS CAGR

10Y-8.19%
5Y-
3Y-36.5%
TTM17327.03%

ROCE

10Y Avg10.21%
5Y Avg6.99%
3Y Avg6.11%
Latest4.18%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
ROKRockwell Automation, Inc.47.35B421.1354.910.97%10.41%23.42%2.87%0.98
HIHillenbrand, Inc.2.24B31.8343.01-15.99%1.61%3.03%0.8%1.12
EMREmerson Electric Co.83.23B148.0236.643%12.73%11.3%3.2%0.68
PSNParsons Corporation7.69B72.2234.0724.03%5.96%14.52%6.17%0.56
EPACEnerpac Tool Group Corp.2.18B41.4024.354.65%14.64%20.92%4.21%0.53
OTISOtis Worldwide Corporation35.21B90.3522.200.37%9.41%4.08%
TNCTennant Company1.45B79.7318.203.47%4.42%8.53%4.73%0.41
CXTCrane NXT, Co.2.97B51.7316.226.86%9.8%12.76%5.68%0.76

Profit & Loss

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Sales/Revenue+1.54B1.59B1.77B1.81B2.52B2.24B2.32B2.83B3.18B2.67B
Revenue Growth %-0.04%0.03%0.11%0.02%0.39%-0.11%0.03%0.22%0.13%-0.16%
Cost of Goods Sold+967.8M999.4M1.13B1.18B1.7B1.51B1.55B1.88B2.13B1.77B
COGS % of Revenue0.63%0.63%0.64%0.66%0.68%0.67%0.67%0.66%0.67%0.66%
Gross Profit+570.6M590.8M642.1M623M813.3M732.3M763.8M948.2M1.06B900.8M
Gross Margin %0.37%0.37%0.36%0.34%0.32%0.33%0.33%0.34%0.33%0.34%
Gross Profit Growth %0%0.04%0.09%-0.03%0.31%-0.1%0.04%0.24%0.11%-0.15%
Operating Expenses+379.5M372.7M409.1M412.2M610.1M507.3M496.7M653.7M816M744.3M
OpEx % of Revenue0.25%0.23%0.23%0.23%0.24%0.23%0.21%0.23%0.26%0.28%
Selling, General & Admin00000451.6M442.7M574.1M713.6M650M
SG&A % of Revenue-----0.2%0.19%0.2%0.22%0.24%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses379.5M372.7M409.1M412.2M610.1M55.7M54M79.6M102.4M94.3M
Operating Income+191.1M218.1M233M210.8M203.2M225M267.1M294.5M240.5M156.5M
Operating Margin %0.12%0.14%0.13%0.12%0.08%0.1%0.12%0.1%0.08%0.06%
Operating Income Growth %-0.1%0.14%0.07%-0.1%-0.04%0.11%0.19%0.1%-0.18%-0.35%
EBITDA+251.5M274.7M289.5M269.3M333.8M329.6M365.7M420.1M398.5M295M
EBITDA Margin %0.16%0.17%0.16%0.15%0.13%0.15%0.16%0.15%0.13%0.11%
EBITDA Growth %-0.05%0.09%0.05%-0.07%0.24%-0.01%0.11%0.15%-0.05%-0.26%
D&A (Non-Cash Add-back)60.4M56.6M56.5M58.5M130.6M104.6M98.6M125.6M158M138.5M
EBIT189.4M213.5M169.8M204.1M58.9M280.9M264M294.6M-17.9M92.1M
Net Interest Income+-25.3M-25.2M-21.9M-26.3M-74.2M-74.3M-64.3M-77.7M-121.5M-94.5M
Interest Income001.4M1.1M3.2M3.4M5.5M000
Interest Expense25.3M25.2M23.3M27.4M77.4M77.6M69.8M77.7M121.5M94.5M
Other Income/Expense-27M-29.8M-86.5M-34.1M-221.7M-18.4M-67.4M-77.6M-379.9M-158.9M
Pretax Income+164.1M188.3M146.5M176.7M-18.5M206.6M199.7M216.9M-139.4M-2.4M
Pretax Margin %0.11%0.12%0.08%0.1%-0.01%0.09%0.09%0.08%-0.04%-0%
Income Tax+47.3M59.9M65.3M50.5M34.9M78.6M84M102.8M64.8M-54.5M
Effective Tax Rate %0.69%0.67%0.52%0.69%3.25%1.21%1.05%2.63%1.51%-17.96%
Net Income+112.8M126.2M76.6M121.4M-60.1M249.9M208.9M569.7M-211M43.1M
Net Margin %0.07%0.08%0.04%0.07%-0.02%0.11%0.09%0.2%-0.07%0.02%
Net Income Growth %0.01%0.12%-0.39%0.58%-1.5%5.16%-0.16%1.73%-1.37%1.2%
Net Income (Continuing)116.8M128.4M81.2M126.2M-53.4M128M115.7M114.1M-204.2M52.1M
Discontinued Operations00000127.2M99.5M462.6M2.2M0
Minority Interest13.9M14.5M13M15.7M20.4M22.6M25.1M32.6M34.4M37.5M
EPS (Diluted)+1.771.971.201.92-0.823.312.898.13-3.000.74
EPS Growth %0.02%0.11%-0.39%0.6%-1.43%5.04%-0.13%1.81%-1.37%1.25%
EPS (Basic)1.781.991.211.93-0.823.342.918.16-3.000.74
Diluted Shares Outstanding63.8M64M63.8M63.3M73.4M75.4M72.2M70.1M70.4M70.8M
Basic Shares Outstanding63.3M63.6M63.1M62.9M73.4M74.9M71.7M69.8M70.4M70.7M
Dividend Payout Ratio0.45%0.41%0.68%0.43%-0.26%0.3%0.11%-1.47%

Balance Sheet

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Total Current Assets+600.3M593.6M610.6M1.02B1.37B1.43B1.4B1.61B1.51B1.24B
Cash & Short-Term Investments52M66M56M399M302.2M446.1M232.2M242.9M199.3M164.8M
Cash Only52M66M56M399M302.2M446.1M232.2M242.9M199.3M164.8M
Short-Term Investments0000000000
Accounts Receivable330.8M331.3M338.8M375.1M417.6M445.4M466.2M658.9M652.8M576.1M
Days Sales Outstanding78.4976.0469.8675.7560.5672.5373.585.174.8678.64
Inventory153.1M151.6M172.5M157.7M385.4M411.6M485.6M592.6M525.2M344M
Days Inventory Outstanding57.7455.3755.8248.682.5799.55114.24115.1990.1670.82
Other Current Assets46.2M16.5M18.1M44.6M181.3M0109.5M113.2M132.6M156.6M
Total Non-Current Assets+1.36B1.36B1.25B1.21B2.62B2.58B2.46B3.94B3.73B3.23B
Property, Plant & Equipment152.5M150.4M142M129.4M468.6M433.2M319.8M432M485.3M342.6M
Fixed Asset Turnover10.09x10.57x12.47x13.97x5.37x5.17x7.24x6.54x6.56x7.80x
Goodwill634.3M647.5M581.9M470.7M1.14B1.17B1.15B2.03B1.84B1.6B
Intangible Assets541.5M523.9M487.3M312.1M960.7M913.8M808M1.38B1.29B1.14B
Long-Term Investments000000009.4M69.2M
Other Non-Current Assets31.1M41.1M42.8M293.2M50.6M64.7M185.7M102.9M112.5M76.4M
Total Assets+1.96B1.96B1.86B2.23B3.99B4.01B3.87B5.55B5.24B4.47B
Asset Turnover0.79x0.81x0.95x0.81x0.63x0.56x0.60x0.51x0.61x0.60x
Asset Growth %0.08%-0%-0.05%0.2%0.79%0.01%-0.04%0.43%-0.06%-0.15%
Total Current Liabilities+433.7M511.7M531.7M589.3M852.1M1.04B1.08B1.29B1.19B1.02B
Accounts Payable135.7M158M196.8M228.5M271.6M361.3M371M451.5M444.8M364.4M
Days Payables Outstanding51.1857.763.6870.4258.1987.3987.2887.7676.3575.02
Short-Term Debt13.8M18.8M0036.3M0019.7M20.6M22.8M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities205.6M202.6M209M207.4M355.1M377.2M416.5M431.3M408.5M391.6M
Current Ratio1.38x1.16x1.15x1.74x1.61x1.39x1.30x1.25x1.27x1.22x
Quick Ratio1.03x0.86x0.82x1.47x1.16x0.99x0.85x0.79x0.83x0.88x
Cash Conversion Cycle85.0573.716253.9384.9484.7100.46112.5388.6674.44
Total Non-Current Liabilities+881M678.9M588.8M869.5M2.06B1.75B1.68B2.59B2.59B2.02B
Long-Term Debt595.1M446.9M344.6M619.5M1.52B1.21B1.22B1.99B1.87B1.5B
Capital Lease Obligations0000120.9M105.6M70.5M88.1M141.1M77.1M
Deferred Tax Liabilities22.6M75.7M76.4M73.6M185.8M206.7M210.2M351.2M314.3M190M
Other Non-Current Liabilities262.1M156.3M167.8M188.4M232.9M222.4M178.9M164.1M264.4M253.1M
Total Liabilities1.31B1.19B1.12B1.46B2.91B2.78B2.76B3.88B3.78B3.04B
Total Debt+608.9M465.7M344.6M619.5M1.67B1.32B1.29B2.1B2.03B1.6B
Net Debt556.9M399.7M288.6M220.5M1.37B872.4M1.06B1.86B1.83B1.44B
Debt / Equity0.94x0.61x0.46x0.80x1.55x1.07x1.17x1.26x1.40x1.12x
Debt / EBITDA2.42x1.70x1.19x2.30x5.01x4.00x3.53x4.99x5.10x5.43x
Net Debt / EBITDA2.21x1.46x1.00x0.82x4.11x2.65x2.90x4.42x4.60x4.87x
Interest Coverage7.55x8.65x10.00x7.69x2.63x2.90x3.83x3.79x1.98x1.66x
Total Equity+646.2M765.9M744.1M769.8M1.08B1.23B1.11B1.66B1.46B1.42B
Equity Growth %0.07%0.19%-0.03%0.03%0.4%0.14%-0.1%0.5%-0.12%-0.02%
Book Value per Share10.1311.9711.6612.1614.7116.3415.3523.7220.7020.12
Total Shareholders' Equity632.3M751.4M731.1M754.1M1.06B1.21B1.08B1.63B1.42B1.39B
Common Stock0000000000
Retained Earnings433.3M507.1M531M599.5M481.4M666.2M812M1.32B1.05B1.02B
Treasury Stock-19.9M-24.4M-67.1M-50.1M-43.2M-135.7M-297.3M-251.7M-238.2M-227.1M
Accumulated OCI-129.8M-81.2M-84.2M-140.6M-102.8M-46.3M-155.6M-147.1M-96.6M-128.1M
Minority Interest13.9M14.5M13M15.7M20.4M22.6M25.1M32.6M34.4M37.5M

Cash Flow

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Cash from Operations+238.2M246.2M248.3M178.9M354.8M528.4M191.1M70.2M168M56.2M
Operating CF Margin %0.15%0.15%0.14%0.1%0.14%0.24%0.08%0.02%0.05%0.02%
Operating CF Growth %1.27%0.03%0.01%-0.28%0.98%0.49%-0.64%-0.63%1.39%-0.67%
Net Income112.8M126.2M76.6M121.4M-60.1M249.9M109.4M107.1M-213.2M43.1M
Depreciation & Amortization60.4M56.6M56.5M58.5M130.6M115.1M98.6M125.6M158M138.5M
Stock-Based Compensation0000000000
Deferred Taxes-4.7M37.1M3.7M6.7M-19.5M12.2M12.5M-5.6M-39.6M-131.1M
Other Non-Cash Items14.7M8.5M80.8M16.8M178.8M-23.7M159.8M-107.2M276.4M100.7M
Working Capital Changes55M17.8M30.7M-24.5M125M174.9M-189.2M-49.7M-13.6M-95M
Change in Receivables9.7M10.7M-13M-66.2M91.7M-24.2M-124.2M-30.8M-5.9M-1.6M
Change in Inventory11.3M5.4M-24M-8.6M58.5M-33.4M-115.7M57.2M83.1M33.9M
Change in Payables30.2M17.2M41.6M46.4M-68.2M91.3M95M-14.7M-17.8M-25.3M
Cash from Investing+-253.5M-13.5M-23.4M-51.2M-1.3B126M-143.4M-729.9M26.8M192.7M
Capital Expenditures-21.2M-22M-27M-25.5M-35.9M-40M-38.3M-69.3M-54.2M-38.3M
CapEx % of Revenue0.01%0.01%0.02%0.01%0.01%0.02%0.02%0.02%0.02%0.01%
Acquisitions----------
Investments----------
Other Investing0-400K-100K000-11.7M-7.2M25.6M30.3M
Cash from Financing+21.6M-215.1M-232.5M217.5M854.9M-523.3M-244.2M693.4M-227.1M-279.4M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-51.1M-51.9M-52.1M-52.6M-63.4M-64M-62M-61.3M-62.5M-63.4M
Share Repurchases----------
Other Financing-800K-1.7M-10.4M-6.3M-4.9M-7.1M-8.6M-14.9M-11.1M-12.2M
Net Change in Cash----------
Free Cash Flow+217M224.2M221.3M153.4M318.9M500.2M152.8M900K113.8M17.9M
FCF Margin %0.14%0.14%0.13%0.08%0.13%0.22%0.07%0%0.04%0.01%
FCF Growth %1.93%0.03%-0.01%-0.31%1.08%0.57%-0.69%-0.99%125.44%-0.84%
FCF per Share3.403.503.472.424.346.632.120.011.620.25
FCF Conversion (FCF/Net Income)2.11x1.95x3.24x1.47x-5.90x2.11x0.91x0.12x-0.80x1.30x
Interest Paid22.7M20.3M20.7M19.9M56.7M63.2M62.6M80.6M123.4M0
Taxes Paid48M18.2M38.9M53.3M39.2M93.2M71.5M238.6M115.8M0

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)18.02%17.87%10.15%16.04%-6.5%21.62%17.85%41.12%-13.52%2.99%
Return on Invested Capital (ROIC)12.52%13.81%15.9%15.63%8.86%7.41%9.38%7.77%5.3%3.81%
Gross Margin37.09%37.15%36.27%34.47%32.31%32.67%32.99%33.55%33.19%33.69%
Net Margin7.33%7.94%4.33%6.72%-2.39%11.15%9.02%20.16%-6.63%1.61%
Debt / Equity0.94x0.61x0.46x0.80x1.55x1.07x1.17x1.26x1.40x1.12x
Interest Coverage7.55x8.65x10.00x7.69x2.63x2.90x3.83x3.79x1.98x1.66x
FCF Conversion2.11x1.95x3.24x1.47x-5.90x2.11x0.91x0.12x-0.80x1.30x
Revenue Growth-3.66%3.37%11.31%2.1%39.27%-10.95%3.3%22.06%12.63%-15.99%

Revenue by Segment

2016201720182019202020212022202320242025
Process Equipment Group---32.7M401.7M1.25B1.27B1.82B2.29B2.07B
Process Equipment Group Growth----1128.44%210.11%1.93%43.61%25.47%-9.55%
Milacron-----995.7M1.05B1B894.8M604.4M
Milacron Growth------5.00%-4.11%-10.74%-32.45%
Batesville573.7M562M550.6M532.9M552.6M623.4M625.6M---
Batesville Growth--2.04%-2.03%-3.21%3.70%12.81%0.35%---
Molding Technology Solutions----202M-----
Molding Technology Solutions Growth----------
Process Equipment Group964.7M1.03B1.22B-------
Process Equipment Group Growth-6.58%18.61%-------

Revenue by Geography

2016201720182019202020212022202320242025
Americas----1.37B1.48B1.52B1.25B-1.2B
Americas Growth-----8.47%2.29%-17.64%--
Asia----694.1M864.5M954.6M857.1M-742.1M
Asia Growth-----24.55%10.42%-10.21%--
Europe, the Middle East, and Africa----455.7M517.3M469.3M719.5M-731.3M
Europe, the Middle East, and Africa Growth-----13.52%-9.28%53.31%--
UNITED STATES857M896.1M926.4M892.5M----1.32B-
UNITED STATES Growth-4.56%3.38%-3.66%------
International198.7M268.5M331.2M346.1M----1.02B-
International Growth-35.13%23.35%4.50%------
GERMANY482.7M425.6M512.5M568.7M----366.2M-
GERMANY Growth--11.83%20.42%10.97%------
CHINA--------241.8M-
CHINA Growth----------
INDIA--------237.1M-
INDIA Growth----------

Frequently Asked Questions

Valuation & Price

Hillenbrand, Inc. (HI) has a price-to-earnings (P/E) ratio of 43.0x. This suggests investors expect higher future growth.

Growth & Financials

Hillenbrand, Inc. (HI) reported $2.67B in revenue for fiscal year 2025. This represents a 172% increase from $983.2M in 2012.

Hillenbrand, Inc. (HI) saw revenue decline by 16.0% over the past year.

Yes, Hillenbrand, Inc. (HI) is profitable, generating $43.1M in net income for fiscal year 2025 (1.6% net margin).

Dividend & Returns

Yes, Hillenbrand, Inc. (HI) pays a dividend with a yield of 2.81%. This makes it attractive for income-focused investors.

Hillenbrand, Inc. (HI) has a return on equity (ROE) of 3.0%. This is below average, suggesting room for improvement.

Hillenbrand, Inc. (HI) generated $17.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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