/
About Us Founded in 1903, Holley, Inc. has been a part of the automotive industry for well over a century. We design, manufacture, and distribute high-performance automotive aftermarket products to car and truck enthusiasts primarily in the United States, Canada and Europe.
13.44% operating margin is respectable but not wide. ROIC at 7.24%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue growth slowed to 1.9%, essentially flat. This is a business that needs a catalyst.
Free cash flow declined 15% versus the prior year, cash generation momentum has weakened. Net debt of $520M represents 15.3x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$608M
▲ +1.9% YoY
Net Income (TTM)
$24M
▲ +182.5% YoY
Op. Margin
12.62%
▲ +11.0pp YoY
ROIC
6.52%
▲ +6.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$38M
▼ -15.5% YoY
Op. Cash Flow (TTM)
$51M
▼ -1.4% YoY
Net Debt
$549M
Cash & Equiv.
$33M
5Y CAGR: +4.0%
5Y CAGR: -15.6%
Continue Research