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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% | -182.5% |
| 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% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 688.42 | 659.70 | 602.22 | 613.51 |
| Operating Revenue | - | 688.42 | 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 | 164.48 | 180.85 |
| Research And Development | - | 29.08 | 23.84 | 18.71 | 18.83 |
| Selling General And Administration | - | 150.73 | 120.24 | 132.15 | 146.13 |
| Total Expenses | - | 629.73 | 563.02 | 528.16 | 528.13 |
| Operating Income | - | 58.69 | 96.68 | 74.07 | 85.38 |
| Total Operating Income As Reported | - | 50.74 | 94.04 | 14.67 | 82.48 |
| EBITDA | - | 148.95 | 118.67 | 54.10 | 109.34 |
| Normalized EBITDA | - | 89.14 | 127.02 | 103.74 | 114.26 |
| EBIT | - | 118.49 | 88.32 | 24.43 | 80.47 |
| Interest Expense | - | 40.23 | 60.75 | 50.69 | 51.83 |
| Net Interest Income | - | -40.23 | -60.75 | -50.69 | -51.83 |
| Other Income Expense | - | 59.81 | -8.35 | -49.64 | -4.92 |
| Interest Expense Non Operating | - | 40.23 | 60.75 | 50.69 | 51.83 |
| Net Non Operating Interest Income Expense | - | -40.23 | -60.75 | -50.69 | -51.83 |
| Pretax Income | - | 78.27 | 27.58 | -26.26 | 28.63 |
| Tax Provision | - | 4.49 | 8.40 | -3.02 | 9.46 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 3.43 | -2.55 | -5.72 | -1.62 |
| Net Income Continuous Operations | - | 73.77 | 19.18 | -23.24 | 19.18 |
| Net Income From Continuing And Discontinued Operation | - | 73.77 | 19.18 | -23.24 | 19.18 |
| Net Income From Continuing Operation Net Minority Interest | - | 73.77 | 19.18 | -23.24 | 19.18 |
| Net Income | - | 73.77 | 19.18 | -23.24 | 19.18 |
| Net Income Common Stockholders | - | 73.77 | 19.18 | -23.24 | 19.18 |
| Net Income Including Noncontrolling Interests | - | 73.77 | 19.18 | -23.24 | 19.18 |
| Normalized Income | - | 17.40 | 24.99 | 20.69 | 22.47 |
| Diluted NI Availto Com Stockholders | - | 73.77 | 19.18 | -23.24 | 19.18 |
| Basic Average Shares | - | 116.76 | 117.38 | 118.44 | 119.21 |
| Diluted Average Shares | - | 117.25 | 118.51 | 118.44 | 120.04 |
| Reconciled Depreciation | - | 30.46 | 30.34 | 29.67 | 28.88 |
| Reconciled Cost Of Revenue | - | 418.98 | 387.83 | 347.90 | 332.18 |
| Total Unusual Items | - | 59.81 | -8.35 | -49.64 | -4.92 |
| Total Unusual Items Excluding Goodwill | - | 59.81 | -8.35 | -49.64 | -4.92 |
| Special Income Charges | - | 2.79 | -4.24 | -57.21 | -3.71 |
| Other Special Charges | 13.65 | - | -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 |
| 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 |
| Gain On Sale Of Ppe | - | -1.04 | 0 | -9.23 | 0 |
| Other Operating Expenses | - | 0.48 | 0.76 | -0.27 | 2.11 |
| Average Dilution Earnings | 0 | -57.02 | 0 | - | - |
| Amortization | - | 14.68 | 14.56 | 13.88 | 13.78 |
| Amortization Of Intangibles Income Statement | - | 14.68 | 14.56 | 13.88 | 13.78 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Holley Inc.this co. | HLLY | $315M | 16.45↑ premium | 0.70 | 4.3% | 7.38 |
| Lands' End, Inc. | LE | $342M | 61.98 | 1.40 | 2.3% | 7.63 |
| Weyco Group, Inc. | WEYS | $338M | 14.66 | 1.41 | 9.6% | 7.21 |
| Strattec Security Corporation | STRT | $333M | 17.83 | 1.50 | 8.4% | 6.35 |
| Kingsway Financial Services Inc. | KFS | $307M | -28.62 |
| - |
| - |
| - |
| - |
| 20.25 |
| -70.7% |
| 562.48 |
| Funko, Inc. | FNKO | $295M | -4.39 | 1.59 | -36.3% | 38.08 |
| 1-800-FLOWERS.COM, Inc. | FLWS | $290M | - | 1.08 | -74.5% | - |
| Rocky Brands, Inc. | RCKY | $281M | 12.62 | 1.12 | 8.8% | 8.62 |
| Marine Products Corporation | MPX | $280M | 25.76 | 2.24 | 8.7% | 13.78 |
| Peer Median | - | 14.66 | 1.46 | 5.3% | 8.62 | |