Holley (NYSE:HLLY), the definitive market leader in the high-performance automotive aftermarket, reported a robust finish to fiscal year 2025, swinging to a net profit following a challenging prior year.
The Bowling Green, Kentucky-based company saw fourth-quarter net sales climb 10.9% to $155.4 million, outperforming analyst expectations for the holiday period.
For the full year, Holley recorded net sales of $613.5 million, a 1.9% increase over 2024.
More significantly, the company's bottom line saw a major recovery.
Holley posted a net income of $6.3 million for the quarter—compared to a loss in the same period last year—bringing its full-year net income to $19.2 million.
A primary focus for Holley leadership throughout 2025 was the aggressive reduction of corporate debt.
The company prepaid $10 million of its debt in the fourth quarter alone, marking a total of $100 million in voluntary prepayments since September 2023.
The company concluded the year with a net debt-to-EBITDA leverage ratio of 3.75x.