Resolute Holdings Management, Inc. (RHLD) AI Stock Analysis

• Market Cap: $1.39B
• Dividend Yield: N/A
• Average Volume (3M): 74.92K
• Price to Earnings (P/E): 13.0
• Beta (1Y): 0.59
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 7
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): -0.20
• Shares Outstanding: 8,474,010
• 10 Day Avg. Volume: 100,141
• 30 Day Avg. Volume: 74,924
• PEG Ratio: -0.11
• Price to Book (P/B): 269.72
• Price to Sales (P/S): 3.81
• P/FCF Ratio: 9.30
• Enterprise Value/Market Cap: 0.89
• Enterprise Value/Revenue: 2.68
• Enterprise Value/Gross Profit: 4.76
• Enterprise Value/Ebitda: 7.86
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: $179.00 ▼(-4.00% Downside)
• Action: Reiterated Date: 03/20/26
• Date: Action: Reiterated 03/20/26

Strong profitability and cash-flow generation support the score, but balance-sheet volatility/high leverage is a meaningful overhang. Valuation is reasonable on earnings, while technical indicators are mixed with weaker intermediate momentum despite longer-term support. Corporate updates modestly improve liquidity but introduce covenant constraints.

Positive Factors

Strong cash generation

Sustained high operating and free cash flow (2025 OCF ~$196M; FCF ~$189M) and strong FCF-to-income conversion indicate durable internal funding for capex, working capital and deleveraging. Reliable cash conversion supports reinvestment, creditor confidence, and long-term financial flexibility.

Revenue growth and healthy margins

Material revenue expansion and sustained 50%+ gross margins with net margins rising into the mid-20s show scalable economics and pricing leverage. Durable top-line momentum plus healthy margins provide structural support for operating cash flow and ability to fund growth or meet covenants over the medium term.

Recurring management-fee contract

A long-term management agreement that yields a quarterly fee equal to 2.5% of LTM Adjusted EBITDA creates recurring, service-like revenue that diversifies income and improves predictability. Ongoing fees plus expense reimbursement strengthen durable cash flows and margin resilience in the services segment.

Negative Factors

Elevated leverage

Persistently high leverage and episodes of negative or near-zero equity materially increase solvency and refinancing risk. Elevated debt-to-equity constrains strategic flexibility, raises interest burden sensitivity, and reduces capacity to absorb shocks or pursue acquisitions without additional external financing.

Balance-sheet volatility

Large year-to-year swings in assets, debt and equity signal unstable capital structure and make forecasting cash needs and covenant compliance harder. Such volatility undermines creditor and investor confidence, complicates long-term planning and raises the chance of adverse covenant triggers during downturns.

Covenant-driven constraints

While the expanded $30M revolver boosts liquidity, attached minimum revenue and leverage covenants impose enduring execution constraints. Covenants can force prioritization of short-term metrics, restrict capital allocation, and increase refinancing risk if growth or margins slip, limiting strategic optionality.

Resolute Holdings Management, Inc. Business Overview & Revenue Model

Company Description

Resolute Holdings Management, Inc. operates as an alternative asset management platform company. The company was incorporated in 2024 and is based in New York, New York.

Resolute Holdings Management, Inc. Financial Statement Overview

Summary

Operating performance and cash generation are strong (healthy gross margins, improved net margins, and large/growing free cash flow with good cash conversion). The key drag is balance-sheet risk: prior negative/near-zero equity and large year-to-year swings, plus still-high leverage, reduce confidence in financial resilience.

Income Statement

Revenue has grown strongly over time, highlighted by a very large jump in 2025 (annual revenue growth of 3.785) and steady expansion from 2022–2024. Profitability is also solid: gross margin remained healthy (~52%–58%) and net margin improved from a small loss in 2023 to strong profitability in 2024–2025 (~26% to ~29%). Main concern is volatility/quality of reported operating profitability metrics (e.g., 2025 shows EBIT margin as 0.0 despite strong earnings), which reduces confidence in consistency.

Balance Sheet

Balance sheet signals elevated risk and inconsistency across years. Equity was negative in 2024 and near-zero/zero in 2022–2023, which is a red flag for capital structure stability. While 2025 shows positive equity and much lower debt versus prior years, leverage still screens high (debt-to-equity ~3.92). The sharp swings in assets, debt, and equity year-to-year suggest structural changes and increase uncertainty around financial resilience.

Cash Flow

Cash generation is a clear strength. Operating cash flow and free cash flow are large and growing (2025 operating cash flow ~$196M; free cash flow ~$189M; free cash flow growth 8.348). Free cash flow tracks net income closely (free cash flow to net income ~0.91–0.97), suggesting earnings are translating well into cash. A watch-out is the weak 2024 cash coverage relative to debt (operating cash flow coverage ~0.19 in 2024), though it improved materially in other years (e.g., 2025 ~2.53).

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	462.06M	420.57M	390.63M	378.48M
Gross Profit	260.21M	219.23M	209.08M	219.64M
EBITDA	157.48M	140.71M	112.10M	133.81M
Net Income	135.79M	110.26M	-3.18M	102.69M
Balance Sheet
Total Assets	333.42M	24.65M	214.01M	175.20M
Cash, Cash Equivalents and Short-Term Investments	205.50M	98.00K	38.19M	8.26M
Total Debt	195.36M	201.64M	344.64M	367.61M
Total Liabilities	255.65M	814.11M	372.81M	395.38M
Stockholders Equity	6.52M	-789.46M	0.00	0.00
Cash Flow
Free Cash Flow	189.23M	143.66M	106.07M	86.56M
Operating Cash Flow	196.09M	152.10M	117.02M	95.61M
Investing Cash Flow	-51.38M	-9.95M	-10.94M	-9.05M
Financing Cash Flow	-54.92M	-108.76M	-76.15M	-100.14M

Resolute Holdings Management, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RHLD	68 Neutral	$1.39B	12.96	1515.74%	―	―	―
ACTG	67 Neutral	$474.66M	16.61	4.02%	―	71.28%	-89.20%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
QUAD	59 Neutral	$343.90M	6.71	27.02%	4.69%	-9.23%	―
CVEO	56 Neutral	$305.08M	-14.41	-12.34%	4.25%	-10.51%	-247.97%
KODK	54 Neutral	$769.27M	-5.94	-16.48%	―	-0.67%	-141.58%
SPIR	49 Neutral	$422.21M	4,518.60	-88.38%	―	-31.51%	―

Resolute Holdings Management, Inc. Corporate Events

Resolute Holdings Highlights Investor Engagement at J.P. Morgan Conference

On March 16, 2026, Resolute Holdings Management, Inc. announced that Executive Chairman Dave Cote would participate in a fireside chat at the 2026 J.P. Morgan Industrials Conference, scheduled that day at 1:45 p.m. ET. The company made the session accessible to investors and other stakeholders via a live audio webcast on its Investor Relations website, with the recording archived for later replay, underscoring its ongoing emphasis on transparency and investor engagement.

The most recent analyst rating on (RHLD) stock is a Hold with a $123.00 price target. To see the full list of analyst forecasts on Resolute Holdings Management, Inc. stock, see the RHLD Stock Forecast page.

Resolute Holdings Completes Reincorporation From Delaware to Nevada

On March 2, 2026, Resolute Holdings Management, Inc. completed a legal reincorporation from Delaware to Nevada, making Nevada law, a new Nevada charter, and Nevada bylaws the governing framework for the company. The move did not alter its business operations, management, employees, assets, liabilities, contracts, or NYSE listing, with existing shares automatically converting on a one-for-one basis and all equity incentive plans and awards carrying over under the same terms, though certain stockholder rights changed under the new jurisdiction.

At the effective time of the conversion, each outstanding share of Delaware common stock became one share of Nevada common stock with the same par value, and stockholders did not need to exchange book-entry shares. The company’s equity incentive plans and existing options or rights to acquire stock continued without pricing adjustments, and the stock remains traded as RHLD on the NYSE, while some stockholder rights were modified due to the shift from Delaware to Nevada corporate law.

The most recent analyst rating on (RHLD) stock is a Buy with a $229.00 price target. To see the full list of analyst forecasts on Resolute Holdings Management, Inc. stock, see the RHLD Stock Forecast page.

Resolute Holdings Secures Expanded $30 Million Credit Facility

On February 20, 2026, Resolute Holdings Management, Inc. replaced its prior undrawn $5 million senior secured revolving credit facility with JPMorgan Chase Bank, N.A. by entering into a new $30 million senior secured revolving credit facility maturing on February 20, 2031, significantly expanding its available liquidity without repaying any existing borrowings. The new facility, which includes an uncommitted incremental feature tied to EBITDA and introduces minimum revenue and leverage ratio covenants beginning with the quarter ending March 31, 2026, strengthens the company’s financial flexibility while imposing stricter performance requirements that could influence its capital allocation and balance sheet management over the coming years.

The most recent analyst rating on (RHLD) stock is a Buy with a $229.00 price target. To see the full list of analyst forecasts on Resolute Holdings Management, Inc. stock, see the RHLD Stock Forecast page.

Resolute Holdings Enters Management Deal Amid Husky Refinancing

In connection with the closing of a transaction involving CompoSecure, Inc. and Husky, an indirect CompoSecure subsidiary named Husky Holdings entered into a long-term management agreement with Resolute Holdings Management, Inc., under which Resolute will manage Husky Holdings’ day-to-day operations and strategy and receive a quarterly management fee equal to 2.5% of Husky Holdings’ last 12 months’ Adjusted EBITDA, along with reimbursement of certain expenses and specified termination and indemnification rights. As part of the same transaction, CompoSecure assumed Husky’s substantial indebtedness, including term loans, a revolving credit facility and $1.0 billion of senior secured notes due 2029, and initiated refinancing of these credit facilities and notes, with Husky issuing conditional notices to redeem all of its outstanding notes on January 13, 2026 and the related refinancing transactions expected to close on January 14, 2026, reshaping the combined group’s capital structure and long-term financial obligations.

The most recent analyst rating on (RHLD) stock is a Hold with a $204.00 price target. To see the full list of analyst forecasts on Resolute Holdings Management, Inc. stock, see the RHLD Stock Forecast page.