Vendor of the Year Awards
Hillman Solutions Corp received Vendor of the Year awards from both Home Depot and Lowe's, their two largest customers, marking a significant achievement in 2024.
Record EBITDA
Hillman reported the highest EBITDA in the company's history, demonstrating strong financial performance and operational efficiency.
Accretive Acquisitions
Hillman completed two bolt-on acquisitions in 2024: Koch Industries and Intex DIY, which contributed 4% to the top line and are expected to offer organic growth opportunities.
Adjusted Gross Margin Improvement
Adjusted gross margins increased by 390 basis points to 48.1% for 2024, indicating improved operational efficiencies and a higher-margin product mix.
Debt Reduction
Hillman paid down over $900 million of debt in the past four years, ending 2024 with $674 million of net debt, improved from $722 million at the end of 2023.