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Holley Inc. designs, manufactures, and distributes automotive aftermarket products to car and truck enthusiasts in the United States, Canada, and Europe. Its performance automotive products include carburetors, fuel pumps, fuel injection systems, nitrous oxide injection systems, superchargers, exhaust headers, mufflers, distributors, ignition components, engine tuners, and automotive performance plumbing products; and exhaust products, as well as shifters, converters, transmission kits, transmissions, tuners, and automotive software. The company sells its products under the Holley EFI, Holley, MSD, Simpson, EDGE, Accel, Flowmaster, Cataclean, and other brands through DTC, E-tailer, warehouse distributor, traditional retailer, automotive platforms, and jobber/installer channels. The company was founded in 1903 and is headquartered in Nashville, Tennessee.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $614M | $109M | $19M | $14M | 4.3% | 1.9% | - |
| 2024 | $602M | $54M | $-23M | $40M | -5.5% | -8.7% | -221.1% |
| 2023 | $660M | $119M | $19M | $82M | 4.3% | -4.2% | -74.0% |
| 2022 | $688M | $149M | $74M | $-1M | 17.7% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 688.41 | 659.70 | 602.22 | 613.51 |
| Cost Of Revenue | 434.76 | 403.62 | 363.68 | 347.28 |
| Gross Profit | 253.66 | 256.09 | 238.54 | 266.24 |
| Operating Expense | 194.97 | 159.41 | 164.47 | 180.85 |
| Operating Income | 58.69 | 96.68 | 74.07 | 85.38 |
| EBITDA | 148.95 | 118.67 | 54.10 | 109.34 |
| EBIT | 118.49 | 88.33 | 24.43 | 80.47 |
| Pretax Income | 78.27 | 27.58 | -26.26 | 28.63 |
| Tax Provision | 4.49 | 8.40 | -3.02 | 9.46 |
| Net Income | 73.77 | 19.18 | -23.23 | 19.18 |
| Net Income Common Stockholders | 73.77 | 19.18 | -23.23 | 19.18 |
| Total Expenses | 629.73 | 563.02 | 528.15 | 528.13 |
| Interest Expense | 40.23 | 60.75 | 50.69 | 51.83 |
| Research And Development | 29.08 | 23.84 | 18.71 | 18.83 |
| Selling General And Administration | 150.73 | 120.24 | 132.15 | 146.13 |
| Normalized EBITDA | 89.14 | 127.02 | 103.74 | 114.26 |
| Normalized Income | 17.40 | 24.99 | 20.69 | 22.47 |
| Basic EPS | 0.63 | 0.16 | -0.20 | 0.16 |
| Diluted EPS | 0.14 | 0.16 | -0.20 | 0.16 |
| Tax Effect Of Unusual Items | 3.43 | -2.55 | -5.72 | -1.62 |
| Tax Rate For Calcs | 0.06 | 0.30 | 0.12 | 0.33 |
| Total Unusual Items | 59.81 | -8.35 | -49.64 | -4.92 |
| Total Unusual Items Excluding Goodwill | 59.81 | -8.35 | -49.64 | -4.92 |
| Net Income From Continuing Operation Net Minority Interest | 73.77 | 19.18 | -23.23 | 19.18 |
| Reconciled Depreciation | 30.46 | 30.34 | 29.67 | 28.88 |
| Reconciled Cost Of Revenue | 418.98 | 387.83 | 347.89 | 332.18 |
| Net Interest Income | -40.23 | -60.75 | -50.69 | -51.83 |
| Net Income From Continuing And Discontinued Operation | 73.77 | 19.18 | -23.23 | 19.18 |
| Total Operating Income As Reported | 50.74 | 94.04 | 14.67 | 82.48 |
| Diluted Average Shares | 117.25 | 118.51 | 118.44 | 120.04 |
| Basic Average Shares | 116.76 | 117.38 | 118.44 | 119.21 |
| Diluted NI Availto Com Stockholders | 73.77 | 19.18 | -23.23 | 19.18 |
| Average Dilution Earnings | -57.02 | 0 | 0 | 0 |
| Net Income Including Noncontrolling Interests | 73.77 | 19.18 | -23.23 | 19.18 |
| Net Income Continuous Operations | 73.77 | 19.18 | -23.23 | 19.18 |
| Other Income Expense | 59.81 | -8.35 | -49.64 | -4.92 |
| Special Income Charges | 2.79 | -4.24 | -57.21 | -3.71 |
| Gain On Sale Of Ppe | -1.04 | 0 | -9.23 | 0 |
| Other Special Charges | 0 | -0.70 | 0.14 | -0.09 |
| Impairment Of Capital Assets | 2.40 | 0 | 48.60 | 0 |
| Restructuring And Mergern Acquisition | -6.22 | 4.94 | -0.77 | 3.80 |
| Gain On Sale Of Security | 57.02 | -4.11 | 7.57 | -1.21 |
| Net Non Operating Interest Income Expense | -40.23 | -60.75 | -50.69 | -51.83 |
| Interest Expense Non Operating | 40.23 | 60.75 | 50.69 | 51.83 |
| Other Operating Expenses | 0.48 | 0.77 | -0.27 | 2.11 |
| Depreciation Amortization Depletion Income Statement | 14.68 | 14.56 | 13.88 | 13.78 |
| Depreciation And Amortization In Income Statement | 14.68 | 14.56 | 13.88 | 13.78 |
| Amortization | 14.68 | 14.56 | 13.88 | 13.78 |
| Amortization Of Intangibles Income Statement | 14.68 | 14.56 | 13.88 | 13.78 |
| Operating Revenue | 688.41 | 659.70 | 602.22 | 613.51 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Holley Inc.this co. | HLLY | $382M | 19.94↓ discount | 0.84 | 4.3% | 8.32 |
| Nathan's Famous, Inc. | NATH | $411M | 19.30 | -26.92 | -145.5% | 13.43 |
| El Pollo Loco Holdings, Inc. | LOCO | $407M | 15.10 | 1.40 | 9.1% | 10.41 |
| Citi Trends, Inc. | CTRN | $399M | 75.86 | 3.34 | 4.5% | 47.55 |
| Genesco Inc. | GCO | $375M | 27.66 |
| 0.66 |
| 2.3% |
| 10.14 |
| LiveWire Group, Inc. | LVWR | $373M | - | 8.09 | -163.2% | -5.50 |
| Designer Brands Inc. | DBI | $371M | - | 1.29 | -2.9% | 14.21 |
| MasterCraft Boat Holdings, Inc. | MCFT | $371M | 24.24 | 1.96 | 3.8% | 11.09 |
| Dine Brands Global, Inc. | DIN | $356M | 24.61 | -1.33 | -6.2% | 9.80 |
| Peer Median | - | 24.43 | 1.34 | -0.3% | 10.75 | |