Helios Technologies (HLIO)
Market Price (5/6/2026): $67.8 | Market Cap: $2.3 BilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
Helios Technologies (HLIO)
Market Price (5/6/2026): $67.8Market Cap: $2.3 BilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12% Megatrend and thematic driversMegatrends include Automation & Robotics. Themes include Industrial Robotics, Factory Automation, and Process / Warehouse Automation. | Weak multi-year price returns3Y Excs Rtn is -59% | Stock price has recently run up significantly12M Rtn12 month market price return is 146% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.7% Key risksHLIO key risks include [1] persistent execution risk in achieving its ambitious profit margin targets amidst ongoing end-market volatility and [2] lagging revenue growth driven by recent sales declines in key recreational, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Megatrend and thematic driversMegatrends include Automation & Robotics. Themes include Industrial Robotics, Factory Automation, and Process / Warehouse Automation. |
| Weak multi-year price returns3Y Excs Rtn is -59% |
| Stock price has recently run up significantly12M Rtn12 month market price return is 146% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.7% |
| Key risksHLIO key risks include [1] persistent execution risk in achieving its ambitious profit margin targets amidst ongoing end-market volatility and [2] lagging revenue growth driven by recent sales declines in key recreational, Show more. |
Qualitative Assessment
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Helios Technologies (HLIO) stock has gained about 5% since 1/31/2026 because of the following key factors:
1. Robust Q4 2025 Financial Performance and Optimistic 2026 Outlook. Helios Technologies reported strong financial results for the fourth quarter of 2025, with diluted adjusted earnings per share (EPS) of $0.81, surpassing analyst estimates of $0.72 by 12.5%. Revenues increased 17% year-over-year to $211 million, marking the company's first full-year sales growth in three years. Additionally, the company provided a positive outlook for Q1 2026 and the full fiscal year 2026, projecting approximately 22% pro forma sales growth and about 53% diluted non-GAAP EPS growth at the midpoint for Q1 2026.
2. Strategic Long-Term Growth Plan Unveiled. The company introduced its "CORE 2030 Strategy" at its Investor Day on March 20, 2026, outlining ambitious financial targets to double sales to $1.6 billion and achieve over 25% adjusted EBITDA margin by 2030. This strategy emphasizes sustainable, profitable growth through operational excellence, go-to-market transformation, and accelerated new product innovation, supported by over $50 million in new business wins in 2025.
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1. Robust Q4 2025 Financial Performance and Optimistic 2026 Outlook. Helios Technologies reported strong financial results for the fourth quarter of 2025, with diluted adjusted earnings per share (EPS) of $0.81, surpassing analyst estimates of $0.72 by 12.5%. Revenues increased 17% year-over-year to $211 million, marking the company's first full-year sales growth in three years. Additionally, the company provided a positive outlook for Q1 2026 and the full fiscal year 2026, projecting approximately 22% pro forma sales growth and about 53% diluted non-GAAP EPS growth at the midpoint for Q1 2026.
2. Strategic Long-Term Growth Plan Unveiled. The company introduced its "CORE 2030 Strategy" at its Investor Day on March 20, 2026, outlining ambitious financial targets to double sales to $1.6 billion and achieve over 25% adjusted EBITDA margin by 2030. This strategy emphasizes sustainable, profitable growth through operational excellence, go-to-market transformation, and accelerated new product innovation, supported by over $50 million in new business wins in 2025.
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Stock Movement Drivers
Fundamental Drivers
The 4.8% change in HLIO stock from 1/31/2026 to 5/5/2026 was primarily driven by a 38.1% change in the company's Net Income Margin (%).| (LTM values as of) | 1312026 | 5052026 | Change |
|---|---|---|---|
| Stock Price ($) | 64.67 | 67.80 | 4.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 808 | 839 | 3.9% |
| Net Income Margin (%) | 4.2% | 5.8% | 38.1% |
| P/E Multiple | 63.3 | 46.4 | -26.7% |
| Shares Outstanding (Mil) | 33 | 33 | -0.3% |
| Cumulative Contribution | 4.8% |
Market Drivers
1/31/2026 to 5/5/2026| Return | Correlation | |
|---|---|---|
| HLIO | 4.8% | |
| Market (SPY) | 3.6% | 49.7% |
| Sector (XLI) | 4.5% | 77.5% |
Fundamental Drivers
The 22.9% change in HLIO stock from 10/31/2025 to 5/5/2026 was primarily driven by a 29.5% change in the company's Net Income Margin (%).| (LTM values as of) | 10312025 | 5052026 | Change |
|---|---|---|---|
| Stock Price ($) | 55.18 | 67.80 | 22.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 782 | 839 | 7.3% |
| Net Income Margin (%) | 4.5% | 5.8% | 29.5% |
| P/E Multiple | 52.7 | 46.4 | -11.9% |
| Shares Outstanding (Mil) | 33 | 33 | 0.3% |
| Cumulative Contribution | 22.9% |
Market Drivers
10/31/2025 to 5/5/2026| Return | Correlation | |
|---|---|---|
| HLIO | 22.9% | |
| Market (SPY) | 5.5% | 49.3% |
| Sector (XLI) | 11.9% | 75.7% |
Fundamental Drivers
The 150.6% change in HLIO stock from 4/30/2025 to 5/5/2026 was primarily driven by a 101.5% change in the company's P/E Multiple.| (LTM values as of) | 4302025 | 5052026 | Change |
|---|---|---|---|
| Stock Price ($) | 27.06 | 67.80 | 150.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 806 | 839 | 4.1% |
| Net Income Margin (%) | 4.8% | 5.8% | 19.4% |
| P/E Multiple | 23.0 | 46.4 | 101.5% |
| Shares Outstanding (Mil) | 33 | 33 | 0.0% |
| Cumulative Contribution | 150.6% |
Market Drivers
4/30/2025 to 5/5/2026| Return | Correlation | |
|---|---|---|
| HLIO | 150.6% | |
| Market (SPY) | 30.4% | 38.2% |
| Sector (XLI) | 33.2% | 51.9% |
Fundamental Drivers
The 15.4% change in HLIO stock from 4/30/2023 to 5/5/2026 was primarily driven by a 139.2% change in the company's P/E Multiple.| (LTM values as of) | 4302023 | 5052026 | Change |
|---|---|---|---|
| Stock Price ($) | 58.73 | 67.80 | 15.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 885 | 839 | -5.2% |
| Net Income Margin (%) | 11.1% | 5.8% | -48.0% |
| P/E Multiple | 19.4 | 46.4 | 139.2% |
| Shares Outstanding (Mil) | 32 | 33 | -2.1% |
| Cumulative Contribution | 15.4% |
Market Drivers
4/30/2023 to 5/5/2026| Return | Correlation | |
|---|---|---|
| HLIO | 15.4% | |
| Market (SPY) | 78.7% | 44.8% |
| Sector (XLI) | 80.3% | 55.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HLIO Return | 98% | -48% | -16% | -1% | 21% | 23% | 28% |
| Peers Return | 22% | -5% | 48% | 37% | 39% | 20% | 295% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 5% | 92% |
Monthly Win Rates [3] | |||||||
| HLIO Win Rate | 83% | 50% | 33% | 50% | 50% | 60% | |
| Peers Win Rate | 57% | 40% | 62% | 67% | 65% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 40% | |
Max Drawdowns [4] | |||||||
| HLIO Max Drawdown | -2% | -53% | -30% | -11% | -42% | 0% | |
| Peers Max Drawdown | -8% | -25% | -4% | -3% | -18% | -0% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PH, ETN, ITT, WWD, CW.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/5/2026 (YTD)
How Low Can It Go
| Event | HLIO | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -36.8% | -18.8% |
| % Gain to Breakeven | 58.3% | 23.1% |
| Time to Breakeven | 106 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -39.2% | -9.5% |
| % Gain to Breakeven | 64.4% | 10.5% |
| Time to Breakeven | 775 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -26.0% | -6.7% |
| % Gain to Breakeven | 35.2% | 7.1% |
| Time to Breakeven | 42 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -30.9% | -33.7% |
| % Gain to Breakeven | 44.8% | 50.9% |
| Time to Breakeven | 120 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -42.4% | -19.2% |
| % Gain to Breakeven | 73.6% | 23.7% |
| Time to Breakeven | 722 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -25.7% | -12.2% |
| % Gain to Breakeven | 34.6% | 13.9% |
| Time to Breakeven | 39 days | 62 days |
In The Past
Helios Technologies's stock fell -36.8% during the 2025 US Tariff Shock. Such a loss loss requires a 58.3% gain to breakeven.
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| Event | HLIO | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -36.8% | -18.8% |
| % Gain to Breakeven | 58.3% | 23.1% |
| Time to Breakeven | 106 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -39.2% | -9.5% |
| % Gain to Breakeven | 64.4% | 10.5% |
| Time to Breakeven | 775 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -26.0% | -6.7% |
| % Gain to Breakeven | 35.2% | 7.1% |
| Time to Breakeven | 42 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -30.9% | -33.7% |
| % Gain to Breakeven | 44.8% | 50.9% |
| Time to Breakeven | 120 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -42.4% | -19.2% |
| % Gain to Breakeven | 73.6% | 23.7% |
| Time to Breakeven | 722 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -25.7% | -12.2% |
| % Gain to Breakeven | 34.6% | 13.9% |
| Time to Breakeven | 39 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -35.4% | -6.8% |
| % Gain to Breakeven | 54.9% | 7.3% |
| Time to Breakeven | 290 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -39.9% | -17.9% |
| % Gain to Breakeven | 66.3% | 21.8% |
| Time to Breakeven | 137 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -22.3% | -15.4% |
| % Gain to Breakeven | 28.8% | 18.2% |
| Time to Breakeven | 100 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -60.1% | -53.4% |
| % Gain to Breakeven | 150.6% | 114.4% |
| Time to Breakeven | 268 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -58.8% | -8.6% |
| % Gain to Breakeven | 142.9% | 9.5% |
| Time to Breakeven | 1369 days | 47 days |
In The Past
Helios Technologies's stock fell -36.8% during the 2025 US Tariff Shock. Such a loss loss requires a 58.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Helios Technologies (HLIO)
Helios Technologies, Inc., together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulics and electronics markets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; quick release coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic system design that provides engineered solutions for machine users, manufacturers, or designers. This segment sells its products under the Sun Hydraulics, Faster, and Custom Fluidpower brands. The Electronics segment offers displays, controls, and instrumentation products for off-highway, recreational and commercial marine, power sports and specialty vehicles, agriculture and water pumping, power generation, health and wellness, and engine-driven industrial equipment markets. This segment sells its products under the Enovation Controls, Murphy, and Balboa Water Group brands. It sells its hydraulic products primarily through value-add distributors, as well as directly to original equipment manufacturers; and electronic products to original equipment manufacturer customers. The company was formerly known as Sun Hydraulics Corporation and changed its name to Helios Technologies, Inc. in June 2019. Helios Technologies, Inc. was founded in 1970 and is headquartered in Sarasota, Florida.
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Here are 1-3 brief analogies for Helios Technologies (HLIO):
- Specialized Bosch: Think of them like a specialized Bosch, supplying the crucial hydraulic 'muscles' and electronic 'brains' that power industrial, agricultural, and marine machinery.
- Industrial Intel: They're a bit like Intel for industrial equipment, providing both the electronic 'brains' (controls and displays) and hydraulic 'muscles' (fluid power systems) that make diverse machines like tractors, boats, and factory systems operate.
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- Cartridge Valve Technology Products: Products designed to control fluid flow rates, direction, and regulate pressures for industrial and mobile applications.
- Quick Release Coupling Solutions: Components that allow for quick connection and disconnection of hydraulic lines in agriculture, construction, and industrial markets.
- Hydraulic System Design Services: Engineered solutions and design services for complete hydraulic systems tailored for machine users, manufacturers, or designers.
- Displays, Controls, and Instrumentation Products: Electronic devices providing visual information, operational control, and measurement capabilities for a wide range of industrial and vehicle markets.
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Helios Technologies (HLIO) primarily sells its products and solutions to other companies (B2B) rather than directly to individual consumers.
Based on the provided company description, specific names of its major customer companies are not disclosed. However, the company identifies its major customer categories as:
- Original Equipment Manufacturers (OEMs): Helios Technologies sells directly to OEMs for both its Hydraulics and Electronics segments. These OEMs integrate Helios' components and solutions into their own products, which span various industries such as off-highway, recreational and commercial marine, power sports and specialty vehicles, agriculture, construction equipment, power generation, and health and wellness.
- Value-Add Distributors: For its Hydraulics segment, the company sells a significant portion of its products through value-add distributors. These distributors likely serve a broad base of industrial and mobile application customers, providing specialized solutions and support.
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Sean Bagan, President and Chief Executive Officer
Sean Bagan was appointed President & Chief Executive Officer of Helios Technologies on January 6, 2025, after serving as Interim President & Chief Executive Officer from July 8, 2024. He initially joined Helios as Chief Financial Officer on August 9, 2023. Prior to Helios, Mr. Bagan spent 23 years at Polaris Inc., a global leader in powersports and off-road innovation, where his extensive financial management leadership experience included roles in operational finance, international sales, product segments, mergers and acquisitions, and corporate finance and treasury. He holds a Bachelor of Arts in Accounting and Management from St. John's University, MN, and a General Management Certificate from Cambridge Judge.
Jeremy Evans, Executive Vice President and Chief Financial Officer
Jeremy Evans was named Executive Vice President and Chief Financial Officer of Helios Technologies, effective November 17, 2025. He joined Helios in January 2024 and was promoted to Chief Accounting Officer on September 1, 2025. Before joining Helios, Mr. Evans spent 25 years with Tech Data (now TD SYNNEX Corporation), where he most recently served as Vice President of Accounting Transformation. He holds a Bachelor of Arts degree with a double major in Math and Spanish from Eckerd College, an MBA from the University of Sarasota, and is a Certified Public Accountant in Florida.
Billy Aldridge, President, Electronics
Billy Aldridge was promoted to President, Electronics, effective January 4, 2026. He previously served as Senior Vice President, Managing Director of Enovation Controls since May 3, 2021, and assumed responsibility for the entire Electronics segment for Helios Technologies on March 31, 2025. Mr. Aldridge joined FW Murphy, a division of Enovation Controls, in 2008 as the OEM Sales Manager, where he focused on growing the marine market, before moving into a Director position in 2015 and then Vice President of Business Development in 2018.
Matteo Arduini, President of Hydraulics, Fluid Conveyance Technology (FCT)
Matteo Arduini holds the title of President of Hydraulics, Fluid Conveyance Technology (FCT) at Helios Technologies. No further detailed background information is available in the provided search results.
Doug Conyers, Senior Vice President, Innovation and Technology
Doug Conyers joined Helios Technologies in January 2021 as Vice President of Engineering Excellence through the acquisition of BJN Technologies. He is currently the Senior Vice President, Innovation and Technology. Prior to the acquisition, Mr. Conyers spent five years as CEO/Partner at BJN Technologies, a technology startup that had previously worked with Enovation Controls. Before his time at BJN, he served as Director of Mobile Hydraulic Controls Solutions at Enovation Controls. Mr. Conyers graduated magna cum laude from Trinity University with a Bachelor of Science degree in Computer Science.
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```htmlKey Risks to Helios Technologies (HLIO)
- Technological Disruption and Electrification: Helios Technologies faces a significant risk from the accelerating industry shift towards electrification, digitalization, and advanced digital controls in industrial and off-highway vehicles. This trend could reduce demand for the company's traditional hydraulic and mechanical products, necessitating substantial investment in research and development to adapt its product portfolio and maintain market relevance.
- Market Cyclicality and Economic Headwinds: The company operates in cyclical end markets such as agriculture, construction, and industrial sectors. Economic downturns, a slowdown in capital expenditure (CapEx) by original equipment manufacturer (OEM) customers due to factors like sustained high interest rates, or broader market softness can significantly impact demand for Helios Technologies' products and its revenue performance.
- Tariff Impacts and Geopolitical Tensions: Ongoing global trade tariffs, particularly regimes like the US-China tariff, represent a persistent cost pressure for Helios Technologies, directly impacting component sourcing and final product costs. The company anticipates a notable tariff impact, for example, a projected $15 million in the latter half of 2025. Geopolitical tensions also contribute to supply chain vulnerabilities, creating potential disruptions and increasing operational costs.
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The accelerating trend of electrification in industrial and mobile equipment, which could lead to a decreased demand for traditional hydraulic systems and components.
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Helios Technologies (HLIO) operates in two primary segments: Hydraulics and Electronics. The addressable markets for their main products and services are sized as follows:
Hydraulics Segment
- Cartridge Valves: The global cartridge valve market size was valued at USD 44.07 billion in 2025 and is projected to grow to USD 63.8 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.77% from 2026 to 2035. For the industrial cartridge valve market specifically, the global market size is anticipated to be USD 1,696.58 million in 2025 and is projected to reach USD 2,262.48 million by 2034, growing at a CAGR of 3.25%.
- Quick Release Couplings: The global quick disconnect couplings market size was valued at USD 2.53 billion in 2024 and is projected to grow to USD 3.87 billion by 2033, at a CAGR of 4.87% during the forecast period (2025-2033). More specifically, the global quick release hydraulic coupling market was valued at USD 1,926.8 million in 2024 and is anticipated to reach USD 3,002.2 million by 2032, expanding at a CAGR of 5.7% between 2025 and 2032.
Electronics Segment
- Off-Highway Electronics (Displays, Controls, and Instrumentation): The overall global off-highway electronics market revenue is estimated at USD 5.3 billion in 2024 and is expected to reach over USD 7 billion by 2030. The global off-highway electric vehicle market, a related and growing area, is calculated at USD 10.21 billion in 2025 and is predicted to increase to approximately USD 121.16 billion by 2035, expanding at a CAGR of 28.07% from 2026 to 2035.
- Industrial Controls and Instrumentation: The global industrial control & factory automation market is projected to be worth USD 274.99 billion in 2025 and is expected to reach USD 435.24 billion by 2030, at a CAGR of 9.6% from 2025 to 2030. The global process automation and instrumentation market size was estimated at USD 74.45 billion in 2024 and is projected to reach USD 106.49 billion by 2030, growing at a CAGR of 5.9% from 2025 to 2030. Furthermore, the global industrial control systems market size is estimated to reach over USD 441.82 billion by 2032 from a value of USD 207.28 billion in 2024, projected to grow at a CAGR of 8.9% from 2025 to 2032.
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Helios Technologies (HLIO) is expected to drive future revenue growth over the next 2-3 years through several key strategies:- Strategic Go-to-Market Initiatives and Accelerated Product Innovation: The company is focused on enhancing its go-to-market strategies and leveraging industry-leading innovative products to win back customers and capture market share. This includes continuous investment in research and development to introduce new and advanced solutions across its Hydraulics and Electronics segments. Helios's upcoming "CORE 2030 Strategy" emphasizes innovation and expanding its market presence.
- Recovery and Growth in Key End Markets: Helios anticipates revenue growth from the recovery and strengthening of demand in specific end markets. Particularly, the Electronics segment is seeing growth driven by health and wellness and off-road vehicles. Similarly, the recreational, mobile, and agriculture markets within both segments are showing signs of improvement and are expected to be significant contributors to future sales.
- Expansion into New Adjacent Markets: Helios is actively pursuing opportunities in new adjacent markets to diversify its revenue streams. The company has secured initial wins in the commercial food service space with plans for further expansion. Additionally, executives have highlighted the significant growth potential in aerospace applications as a future area of focus.
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Share Repurchases
- Helios Technologies repurchased 330,000 shares of its common stock for $13.6 million in fiscal year 2025.
- The company initiated a new share repurchase program in February 2025.
- This share buyback program represents a new form of shareholder return for Helios Technologies.
Share Issuance
- Proceeds from stock issued amounted to $1.8 million in 2025.
- In 2024, the company's proceeds from stock issued were $2.2 million.
- Helios Technologies generated $2.0 million from stock issued in 2023.
Outbound Investments
- Helios Technologies divested Custom Fluidpower (CFP), its Australian-based hydraulic fluid power solutions and service provider business, to Questas Group for approximately $54 million USD in an all-cash transaction, announced in August 2025.
- The net proceeds from the CFP divestiture are expected to be used for debt repayment, disciplined organic investment into the business, and return of capital to shareholders.
Capital Expenditures
- Capital expenditures for the full year 2025 were $23.7 million, following $27.0 million in 2024 and $34.3 million in 2023.
- Capital expenditures in the fourth quarter of 2025 were $5.5 million, or 2.6% of sales.
- Helios Technologies projects higher capital expenditures in 2026 compared to 2025, with a primary focus on investing in internal capabilities, new equipment for productivity and automation, and meeting new product introduction requirements.
Latest Trefis Analyses
Trade Ideas
Select ideas related to HLIO.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | GEO | GEO | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04302026 | RUN | Sunrun | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 0.0% | 0.0% | 0.0% |
| 04172026 | RSG | Republic Services | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.8% | 0.8% | -1.1% |
| 04102026 | VRSK | Verisk Analytics | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 12.3% | 12.3% | 0.0% |
| 04102026 | UHAL | U-Haul | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.3% | 0.3% | -1.0% |
| 03132026 | HLIO | Helios Technologies | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 6.8% | 6.8% | -2.2% |
| 05312022 | HLIO | Helios Technologies | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -23.3% | -27.3% | -27.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 388.22 |
| Mkt Cap | 24.4 |
| Rev LTM | 3,968 |
| Op Inc LTM | 661 |
| FCF LTM | 550 |
| FCF 3Y Avg | 476 |
| CFO LTM | 656 |
| CFO 3Y Avg | 567 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.4% |
| Rev Chg 3Y Avg | 9.7% |
| Rev Chg Q | 14.2% |
| QoQ Delta Rev Chg LTM | 3.5% |
| Op Inc Chg LTM | 12.3% |
| Op Inc Chg 3Y Avg | 15.5% |
| Op Mgn LTM | 17.8% |
| Op Mgn 3Y Avg | 17.3% |
| QoQ Delta Op Mgn LTM | -0.0% |
| CFO/Rev LTM | 16.6% |
| CFO/Rev 3Y Avg | 16.4% |
| FCF/Rev LTM | 13.4% |
| FCF/Rev 3Y Avg | 13.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 24.4 |
| P/S | 5.3 |
| P/Op Inc | 27.9 |
| P/EBIT | 28.8 |
| P/E | 40.7 |
| P/CFO | 31.3 |
| Total Yield | 2.7% |
| Dividend Yield | 0.3% |
| FCF Yield 3Y Avg | 3.7% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 2.9% |
| 3M Rtn | 3.3% |
| 6M Rtn | 18.8% |
| 12M Rtn | 68.5% |
| 3Y Rtn | 165.6% |
| 1M Excs Rtn | -6.1% |
| 3M Excs Rtn | -1.6% |
| 6M Excs Rtn | 12.8% |
| 12M Excs Rtn | 42.6% |
| 3Y Excs Rtn | 94.6% |
Price Behavior
Price Behavior
| Market Price | $67.80 | |
| Market Cap ($ Bil) | 2.3 | |
| First Trading Date | 01/09/1997 | |
| Distance from 52W High | -10.2% | |
| 50 Days | 200 Days | |
| DMA Price | $67.70 | $58.35 |
| DMA Trend | up | indeterminate |
| Distance from DMA | 0.2% | 16.2% |
| 3M | 1YR | |
| Volatility | 38.4% | 50.5% |
| Downside Capture | 0.78 | 0.62 |
| Upside Capture | 99.90 | 189.82 |
| Correlation (SPY) | 48.5% | 38.2% |
HLIO Betas & Captures as of 4/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.35 | 1.41 | 1.26 | 1.35 | 1.54 | 1.32 |
| Up Beta | 1.82 | 1.56 | 1.49 | 1.39 | 1.64 | 1.27 |
| Down Beta | -2.63 | 1.93 | 1.74 | 1.21 | 1.52 | 1.35 |
| Up Capture | 71% | 96% | 115% | 176% | 289% | 193% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 11 | 19 | 30 | 61 | 126 | 362 |
| Down Capture | 1% | 144% | 93% | 117% | 111% | 108% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 11 | 24 | 34 | 64 | 125 | 388 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HLIO | |
|---|---|---|---|---|
| HLIO | 143.4% | 50.4% | 1.91 | - |
| Sector ETF (XLI) | 30.0% | 15.4% | 1.50 | 51.8% |
| Equity (SPY) | 27.8% | 12.5% | 1.73 | 38.0% |
| Gold (GLD) | 40.6% | 27.2% | 1.23 | 3.6% |
| Commodities (DBC) | 50.1% | 18.0% | 2.16 | -9.5% |
| Real Estate (VNQ) | 11.0% | 13.4% | 0.53 | 30.3% |
| Bitcoin (BTCUSD) | -17.3% | 42.2% | -0.34 | 13.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HLIO | |
|---|---|---|---|---|
| HLIO | -0.7% | 42.1% | 0.11 | - |
| Sector ETF (XLI) | 12.8% | 17.4% | 0.58 | 57.5% |
| Equity (SPY) | 12.8% | 17.1% | 0.59 | 49.1% |
| Gold (GLD) | 20.2% | 17.9% | 0.92 | 6.5% |
| Commodities (DBC) | 14.0% | 19.1% | 0.60 | 10.4% |
| Real Estate (VNQ) | 3.4% | 18.8% | 0.09 | 39.0% |
| Bitcoin (BTCUSD) | 7.9% | 56.2% | 0.35 | 18.4% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HLIO | |
|---|---|---|---|---|
| HLIO | 7.6% | 43.2% | 0.32 | - |
| Sector ETF (XLI) | 13.8% | 19.9% | 0.61 | 58.6% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 53.4% |
| Gold (GLD) | 13.4% | 15.9% | 0.70 | -1.1% |
| Commodities (DBC) | 9.6% | 17.7% | 0.45 | 18.7% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 38.8% |
| Bitcoin (BTCUSD) | 67.4% | 66.9% | 1.06 | 13.8% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/2/2026 | -4.5% | -11.8% | -13.0% |
| 11/4/2025 | 2.7% | -4.2% | -2.3% |
| 8/4/2025 | 31.1% | 34.0% | 43.9% |
| 5/6/2025 | 7.4% | 24.3% | 17.8% |
| 2/24/2025 | 7.1% | -3.3% | -11.4% |
| 11/5/2024 | 14.7% | 3.6% | 7.0% |
| 8/5/2024 | 6.4% | 3.5% | 0.2% |
| 5/8/2024 | 6.8% | 6.7% | -2.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 13 | 12 |
| # Negative | 8 | 11 | 12 |
| Median Positive | 6.4% | 5.9% | 8.4% |
| Median Negative | -9.4% | -5.1% | -5.5% |
| Max Positive | 31.1% | 34.0% | 43.9% |
| Max Negative | -16.7% | -20.1% | -22.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/03/2026 | 10-K |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/25/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/27/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 3/2/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 218.00 Mil | 220.50 Mil | 223.00 Mil | 11.9% | Higher New | Guidance: 197.00 Mil for Q4 2025 | |
| Q1 2026 Adjusted EBITDA margin | 19.5% | 20.0% | 20.5% | -2.4% | -0.5% | Lower New | Guidance: 20.5% for Q4 2025 |
| Q1 2026 Adjusted Diluted EPS | 0.65 | 0.68 | 0.7 | -4.3% | Lower New | Guidance: 0.7 for Q4 2025 | |
| 2026 Revenue | 820.00 Mil | 840.00 Mil | 860.00 Mil | 1.8% | Higher New | Guidance: 825.00 Mil for 2025 | |
| 2026 Adjusted EBITDA margin | 19.5% | 20.25% | 21.0% | 5.2% | 1.0% | Higher New | Guidance: 19.25% for 2025 |
| 2026 Adjusted Diluted EPS | 2.6 | 2.75 | 2.9 | 11.6% | Higher New | Guidance: 2.46 for 2025 | |
Prior: Q3 2025 Earnings Reported 11/4/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Revenue | 192.00 Mil | 197.00 Mil | 202.00 Mil | ||||
| Q4 2025 Operating Margin | 20.0% | 20.5% | 21.0% | ||||
| Q4 2025 EPS | 0.67 | 0.7 | 0.74 | ||||
| 2025 Revenue | 820.00 Mil | 825.00 Mil | 830.00 Mil | 0.6% | Raised | Guidance: 820.00 Mil for 2025 | |
| 2025 Operating Margin | 19.1% | 19.25% | 19.4% | 1.3% | 0.2% | Raised | Guidance: 19.0% for 2025 |
| 2025 EPS | 2.43 | 2.46 | 2.5 | 2.7% | Raised | Guidance: 2.4 for 2025 | |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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