Start here if you're new
what it is
It makes and sells small appliances, commercial gear, and specialty brands like Wolf Gourmet and Weston.
how it gets paid
Last year Hamiltion Beach made $607M in revenue. Hamilton Beach core appliances was the main engine at $352M, or 58% of sales.
why growth slowed
Revenue fell 7.3% last year. 24.4% gross margin was the number that mattered because it shows how much pricing power is left after product costs.
what just happened
The quarter brought in $394M of revenue and $0.58 EPS.
At a glance
C++ balance sheet — some cracks in the foundation
45/100 earnings predictability — expect surprises
8.4x trailing p/e — the market's not buying it — or you found a deal
3.0% dividend yield — cash in your pocket every quarter
14.4% return on capital — nothing to write home about
xvary composite: 42/100 — below average
What they do
It makes and sells small appliances, commercial gear, and specialty brands like Wolf Gourmet and Weston.
You are buying a 1904 company with 700 employees. That is old enough to have a brand and small enough to move fast. The math is the punchline: 24.4% gross margin and 14.4% return on capital mean this still throws off real profit from cheap hardware.
How they make money
$607M
annual revenue · their business grew -7.3% last year
Hamilton Beach core appliances
$352M
8.0%
Commercial products
$91M
+2.0%
International sales
$74M
9.0%
Specialty brands
$52M
+5.0%
Private label and other
$38M
20.0%
The products that matter
countertop kitchen appliances
Consumer Appliances
$607M · down 7.3%
This is still the core business, and it shrank to $607M last year. That matters because a declining base business makes every growth plan harder.
legacy engine
foodservice and health equipment
Commercial & Health
~$182M · 10%+ growth
Management points to this as the growth driver. The data here is thin, but the snapshot does tell you it grew 10%+ and needs to keep doing the heavy lifting.
growth watch
capital return
Dividend
3.0% yield · $0.48 per share
You collect $0.48 per share annually while you wait. That helps, but a 3.0% yield will not rescue the stock if earnings keep slipping from $2.41 to the $2.20 forecast.
paid to wait
Key numbers
$607M
annual sales
Revenue means all sales. $607M is not huge, so a 7.3% drop matters.
7.3%
sales change
Sales fell 7.3% vs. prior year. That is the business admitting demand was softer, not just the stock.
24.4%
gross margin
Gross margin means sales left after product costs. At 24.4%, each $100 of sales leaves $24.40 before overhead.
8.4x
trailing p/e
P/E means price divided by earnings. At 8.4x, you pay $8.40 for $1 of profit.
Financial health
C++
strength
- balance sheet grade C++ — below average — limited financial resources
- risk rank 3 — safer than 50% of stocks
- price stability 20 / 100
- long-term debt $88M (29% of capital)
C++ — below average. watch for debt servicing and cash burn.
Total return vs. market
Return history isn't available for HBB right now.
source: institutional data · return history unavailable
What just happened
beat estimates
The quarter brought in $394M of revenue and $0.58 EPS.
Revenue rose 197% vs. prior year to $394M, and EPS rose 383% vs. prior year to $0.58. Gross margin was 24.4%, so the story stayed about margin, not just top-line growth.
$394.0M
revenue
$0.58
eps
24.4%
gross margin
the number that mattered
24.4% gross margin was the number that mattered because it shows how much pricing power is left after product costs.
source: company earnings report, 2026
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What could go wrong
the top risk is tariff and cost inflation hitting a business already guiding to lower operating profit.
high
tariffs and new costs
Management already baked $12M in new costs into 2026 planning, and tariff-related disruption is still unresolved.
That puts direct pressure on the company's $35M–$45M cash flow target.
high
core consumer weakness
Consumer Appliances fell 7.3% last year to $607M. That is the larger legacy business.
If that decline continues, smaller growth units have to run even faster just to keep total revenue moving.
med
commercial and health execution
The bull case leans heavily on Commercial & Health, but the disclosed data here is limited to approximate revenue and 10%+ growth.
When the data is thin, you should demand proof before giving the segment credit for carrying the whole story.
med
limited balance sheet flexibility
A C++ balance sheet, $88M in long-term debt, and 29% debt as a share of capital do not leave a huge margin for error.
If margins slip again, the company has less financial room than a higher-grade balance sheet would provide.
A miss on pricing, tariffs, or consumer demand would not just dent sentiment. It would pressure a company targeting $35M–$45M in cash flow while carrying $88M in long-term debt.
source: institutional data · regulatory filings · risk analysis
Pay attention to
calendar
q1 2026 earnings report
Expected apr 29, 2026. You want to see whether flat Q4 revenue was temporary or the start of another slow patch.
metric
gross profit versus revenue
Q4 gross profit rose 8% while revenue sat at $212.9M. If that spread reverses, the quarter stops looking so clean.
trend
consumer appliances decline
The core segment fell 7.3% to $607M. You need that number to stabilize, not keep sliding.
risk
the $12M cost hit
Management already flagged $12M in new costs. Watch whether pricing, sourcing, or mix can offset it without breaking the $35M–$45M cash flow goal.
Analyst rankings
earnings predictability
45 / 100
Earnings are harder to model here than they look. In human-speak: do not assume a smooth quarter-to-quarter story.
risk rank
3
This sits around the middle of the pack on safety. Not reckless, not especially defensive either.
source: institutional data
Institutional activity
institutional ownership data for HBB is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$20
current price
n/a
target midpoint · n/a from current
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