Hyliion Holdings (HYLN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Hyliion Holdings

NYSE American•Consumer Cyclical•Auto Parts

$3.69+0.03(0.01%)Market closed

Market Cap

$728.04M

P/S

78.7x

P/B

4.3x

Hyliion Holdings Corp. designs and develops power generators for stationary and mobile applications. Its primary product includes the KARNO Power Module, a fuel-agnostic power generating solution, which enables distributed power generation using conventional fuels, such as natural gas, propane or diesel; waste fuels, such as landfill and wellhead gas; zero carbon fuels, such as renewable hydrogen and ammonia. Hyliion Holdings Corp. was founded in 2015 and is headquartered in Cedar Park, Texas.

How this company scores

AverageMetricSide Score: 55/100

Strongest: Growth (21/25); weakest: Profitability (9/25).

Profitability9/25

Growth21/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality10/25

Strengths

Growing revenueInterest easily coveredCash-backed earningsProfit converts from growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 78.7x5y range 50.7x – 5487.1x

Currently below its 18-quarter median.

P/B · 4.3x5y range 0.5x – 4.3x

Currently above its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $728.04M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $9.25M
Q. Revenue: $4.94M
TTM EBITDA: $-48.06M
TTM Op. Income: $-58.73M
Q. Op. Income: $-15.30M
TTM Net Income: $-52.19M
Q. Net Income: $-13.93M
EPS: $-0.08
Shares Out.: $178.44M

$9.25M in TTM revenue grew 163.2% YoY, reaching $4.94M last quarter. TTM EBITDA of $-48.06M and TTM operating income of $-58.73M show growth is flowing through to the bottom line. However, net income is negative at $52.19M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 7.4%
EBITDA Margin: -266.6%
Op. Margin: -309.4%
Net Margin: -281.7%

Op. margin of -309.4% is up 721.8% YoY — cost efficiency is improving. Net margin at -281.7% and gross margin of 7.4% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 78.7x
P/B Ratio: 4.3x

P/S of 78.7x and P/B of 4.3x. P/S is high, meaning growth expectations are priced in.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $179.59M
Cash: $13.17M
Long-Term Debt: N/A
Book Value: $169.54M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-7.09M
TTM Free Cash Flow: $-56.62M
FCF Margin: -612.3%
FCF / Net Income: 1.1

TTM FCF of $-56.62M on $-7.09M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.