Education
About Us
Working with TipRanks
Follow Us
Hyliion Holdings (HYLN)
:HYLN
Top Page
Hyliion Holdings
(NYSE MKT:HYLN)
41Neutral
Hyliion Holdings (HYLN) vs. S&P 500 (SPY)
Market Cap
$276.22M
Dividend YieldN/A
Average Volume (3M)1.03M
Price to Earnings (P/E)―
Beta (1Y)2.81
Revenue Growth124.55%
EPS Growth56.35%
CountryUS
Employees85
SectorConsumer Cyclical
Sector Strength49
IndustryVehicles
Share Statistics
EPS (TTM)-0.30
Shares Outstanding174,820,180
10 Day Avg. Volume1,235,537
30 Day Avg. Volume1,027,303
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)164.51
Price to Cash Flow (P/CF)-4.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
Hyliion Holdings Business Overview & Revenue Model
Company DescriptionHyliion Holdings Corp. (HYLN) is a leader in electrified powertrain solutions for the commercial vehicle industry. The company focuses on delivering innovative technologies that enhance the performance and efficiency of Class 8 trucks. Hyliion's core products include hybrid and fully electric powertrain systems, which are designed to reduce fuel consumption and greenhouse gas emissions while enhancing the operational capabilities of long-haul trucks.
How the Company Makes MoneyHyliion Holdings makes money primarily through the sale and installation of its electrified powertrain solutions to fleet operators and commercial truck manufacturers. The company generates revenue by offering its hybrid electric and fully electric powertrain systems as both retrofits for existing vehicles and as components for new trucks. Key revenue streams include sales of the Hypertruck ERX, a range-extending electric powertrain, and the Hybrid Electric system, which integrates with existing diesel powertrains to improve fuel efficiency. Additionally, Hyliion may benefit from strategic partnerships with industry leaders, which can enhance its market reach and drive sales growth.
Hyliion Holdings Financial Statement Overview
Summary
Hyliion Holdings shows a concerning financial trajectory with persistent losses and negative cash flows. While the company maintains a strong equity position, its inability to generate positive operating or free cash flow is a critical challenge. The company’s low debt levels provide some flexibility, but strategic improvements are needed to enhance profitability and stabilize cash flows.Income Statement
Hyliion Holdings has experienced significant losses over the years, with negative net profit margins due to high operating expenses compared to revenue. Although there was a slight increase in total revenue in 2024, the company's EBIT and EBITDA margins remain deeply negative, indicating ongoing operational challenges.30
Negative
Balance Sheet
The company has maintained a relatively strong equity base, with a high equity ratio. However, consistent losses have eroded stockholders' equity over time. The debt-to-equity ratio is low, suggesting limited leverage, but the negative net income impacts return on equity, which remains unfavorable.45
Neutral
Cash Flow
Operating cash flow has been consistently negative, reflecting ongoing operational challenges. Free cash flow has also been negative, although there has been some improvement due to reduced capital expenditures. The cash flow from financing activities has been inconsistent, with some periods of significant inflow and others of outflow.35
Negative
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.28M | 1.51M | 672.00K | 2.11M | 200.00K | 0.00 | Gross Profit |
| -1.76M | 94.00K | -1.04M | -6.67M | -2.54M | -1.78M | EBIT |
| -63.91M | -64.30M | -137.37M | -159.03M | -96.10M | -22.18M | EBITDA |
| -61.54M | -64.30M | -122.38M | -157.80M | -95.21M | 331.35M | Net Income Common Stockholders |
| -66.78M | -52.05M | -123.51M | -147.70M | -96.05M | -44.63M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 171.10M | 120.14M | 163.18M | 313.21M | 377.23M | 591.59M | Total Assets |
| 328.38M | 263.05M | 328.38M | 446.74M | 578.44M | 650.81M | Total Debt |
| 7.64M | 6.79M | 7.64M | 7.32M | 8.64M | 6.77M | Net Debt |
| -13.16M | -2.44M | -5.24M | -112.15M | -249.80M | -382.94M | Total Liabilities |
| 22.12M | 18.66M | 22.12M | 23.17M | 24.52M | 10.64M | Stockholders Equity |
| 306.27M | 244.39M | 306.27M | 423.57M | 553.91M | 640.17M |
| Cash Flow | Free Cash Flow | ||||
| -80.27M | -73.26M | -124.36M | -119.76M | -82.88M | -23.25M | Operating Cash Flow |
| -69.08M | -56.74M | -116.96M | -116.88M | -80.50M | -22.94M | Investing Cash Flow |
| 81.61M | 59.49M | 18.31M | -22.02M | -65.99M | -238.14M | Financing Cash Flow |
| -13.07M | -14.33M | -15.00K | -78.00K | 15.90M | 644.50M |
Hyliion Holdings Technical Analysis
Negative
1.58
Price Trends
2.15
Negative
2.51
Negative
2.21
Negative
Market Momentum
-0.21
Positive
36.92
Neutral
25.18
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HYLN, the sentiment is Negative. The current price of 1.58 is below the 20-day moving average (MA) of 1.78, below the 50-day MA of 2.15, and below the 200-day MA of 2.21, indicating a bearish trend. The MACD of -0.21 indicates Positive momentum. The RSI at 36.92 is Neutral, neither overbought nor oversold. The STOCH value of 25.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HYLN.
Hyliion Holdings Risk Analysis
Hyliion Holdings disclosed 44 risk factors in its most recent earnings report. Hyliion Holdings reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Hyliion Holdings Peers Comparison
Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $12.39B | 10.47 | 1.07% | 3.58% | 1.64% | -18.33% | |
43 Neutral | $14.95M | ― | -157.31% | ― | -25.03% | 42.78% | |
41 Neutral | $276.22M | ― | -18.90% | ― | 124.55% | 56.35% | |
40 Underperform | $1.88M | ― | -72.67% | ― | 258.96% | 82.54% | |
38 Underperform | $9.71M | ― | -129.17% | ― | 141.23% | 69.50% | |
36 Underperform | $3.45M | ― | -21.91% | ― | -76.66% | 47.08% |
* Consumer Cyclical Sector Average
Performance Comparison
HYLN
Hyliion Holdings
1.58
-0.15
-8.67%
AYRO
AYRO
0.51
-1.17
-69.64%
WKHS
Workhorse Group
0.27
-5.11
-94.98%
NKLAQ
Nikola
0.11
-19.04
-99.43%
GOEVQ
Canoo
0.13
-27.07
-99.52%
Hyliion Holdings Earnings Call Summary
Earnings Call Date: Feb 25, 2025 | % Change Since: -14.13% | Next Earnings Date: May 13, 2025
Earnings Call Sentiment Positive
The earnings call reflects a positive trajectory for Hyliion Holdings Corp., with significant progress in product deployment and strong customer interest across multiple sectors. Despite some operational delays and challenges, the company's strategic advancements in manufacturing and partnerships paint an optimistic outlook.Highlights
First Early Adopter Customer Unit Delivered
Hyliion Holdings Corp. announced the delivery of its first early adopter customer unit, which will be utilized by the US Navy. This marks a significant milestone in their product deployment.
Strong Customer Interest and LOIs
Hyliion has secured contracts and nonbinding letters of intent for over 100 Carnot units, spanning sectors like EV charging, oil and gas, and data centers. This demand exceeds planned deployments for 2025 and establishes a foundation for 2026.
Data Center Sector Expansion
The company signed its first LOI in the data center sector for a potential deployment of up to 70 megawatts, or 350 Carnot units, highlighting the compact and fuel-agnostic features of its generators.
Department of Energy Grant Awarded
Hyliion received a $6 million Department of Energy grant to support the deployment of Carnot generators aimed at reducing methane emissions in the oil and gas sector.
Additive Manufacturing Advancements
Hyliion enhanced its production capabilities with the acquisition of a GE Aerospace mLine printer, which can print two to four times as many parts simultaneously, boosting production capacity.
Revenue Recognition and Financial Position
Hyliion recognized $1.5 million in revenue for R&D services in Q4 2024 and ended the year with $220 million in capital, anticipating a cash use of approximately $60 million for 2025.
Lowlights
Delay in Initial Customer Deployment
The delivery of the first early adopter unit was delayed due to supply chain issues and part processing challenges, pushing the timeline into early 2025.
Residual Metal Powder Issue
During generator operation, residual metal powder release was detected, traced to insufficiently cleaned parts. This required additional cleaning and enhancements to improve performance.
Net Loss for the Fourth Quarter
Hyliion reported a total net loss of $14.4 million for Q4 2024, though this was an improvement from the $29.1 million loss in Q4 2023.
Company Guidance
In the Hyliion Holdings Corp. 2024 Q4 earnings call, the company set forth guidance for 2025, highlighting several key metrics. Hyliion aims to generate revenues between $10 million and $15 million from generator sales and R&D activities, with expectations to commercialize the Carno generator in the second half of the year. The company plans to deliver ten early adopter customer units by mid-year, followed by further deliveries, with a goal of producing a couple dozen generators by year-end. They reported a $1.5 million revenue from R&D services in Q4 of 2024, closing the year with $220 million in capital. The firm anticipates a cash use of approximately $60 million for 2025, projecting to end the year with $160 million in cash and investments. Capital expenditures for 2025 are estimated at $25 million, with plans to offset this with $10 million in equipment financing. Hyliion continues to scale manufacturing capacity, with additional additive printing machines expected to enhance production capabilities.Hyliion Holdings Corporate Events
Delistings and Listing ChangesBusiness Operations and Strategy
Hyliion Holdings to Transfer Stock Listing for Growth
Positive
Nov 5, 2024
Hyliion Holdings Corp. announced its decision to transfer its stock listing from the New York Stock Exchange to the NYSE American exchange, effective November 11, 2024. This strategic move aims to leverage NYSE American’s specialized support for innovation-focused companies, offering Hyliion improved cost efficiency and regulatory flexibility. The transition is designed to maintain trading continuity and liquidity for investors while aligning with Hyliion’s growth objectives in sustainable electricity production.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.