Logo: Hamilton Beach Brands, Inc., Public domain, via Wikimedia Commons5
American manufacturer of home appliances
Hamilton Beach Brands Holding Company is an American designer, marketer and distributor of home appliances and commercial restaurant equipment marketed primarily in the United States, Canada, and Mexico, including blenders, mixers, toasters, slow cookers, clothes irons, and air purifiers. Until sometime in the 1980s the company's products were marketed under the brand name "Hamilton Beach Scovill", reflecting a merger that occurred in 1923. In 1990, the company merged with Proctor Silex, another household appliance manufacturer.3 It is part of NACCO Industries.1 Its shares trade on NYSE under the symbol HBB.1Wikipedia text CC BY-SA 4.0
Hamilton Beach Brands Holding Company is an American designer, marketer and distributor of home appliances and commercial restaurant equipment marketed primarily in the United States, Canada, and Mexico, including blenders, mixers, toasters, slow cookers, clothes irons, and air purifiers.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Where each dollar of operating cash went, fiscal 2025
Capital spendingDividends paidShare buybacks
Capital spending15¢$2.8M
Dividends paid35¢$6.4M
Share buybacks49¢$9.0M
Out of $13.8M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6
Financial statements
Revenue101112136$606.9M in 2025−4% since 2018Gross profit10111213146$156.2M in 2025+12% since 2018Operating income10111213146$36.6M in 2025+9% since 2018Net income10111213146$26.5M in 2025+49% since 2018
Revenue151617$142.6M in Q2 FY2026+12% since Q2 FY2025Gross profit151617$77.5M in Q2 FY2026+121% since Q2 FY2025Operating income151617$43.2M in Q2 FY2026+626% since Q2 FY2025Net income151617$33.7M in Q2 FY2026+657% since Q2 FY2025
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
Period ending
2025-12-31
2024-12-31
2023-12-31
Revenue
$606.9M
$654.7M
$625.6M
Cost of sales
$450.7M
$484.5M
$481.9M
Gross profit
$156.2M
$170.2M
$143.7M
Selling, general and administrative expenses
$119.3M
$126.7M
$108.4M
Amortization of intangible assets
$311.0K
$302.0K
$200.0K
Operating profit
$36.6M
$43.2M
$35.1M
Interest expense, net
$703.0K
$613.0K
$3.0M
Pension termination expense
$0
$7.6M
$0
Other expense (income), net
$235.0K
$1.6M
$385.0K
Income before income taxes
$35.6M
$33.4M
$31.7M
Income tax expense (benefit)
$9.2M
$2.6M
$6.5M
Net income
$26.5M
$30.8M
$25.2M
Basic earnings per share (in dollars per share)
$1.95
$2.20
$1.80
Diluted earnings per share (in dollars per share)
$1.95
$2.20
$1.80
Basic weighted average shares outstanding (in shares)
13.6M shares
13.9M shares
14.0M shares
Diluted weighted average shares outstanding (in shares)
13.6M shares
14.0M shares
14.1M shares
No quarter-by-quarter statement was filed.
Total assets1810111213146$397.6M in 2025+24% since 2018Total liabilities1810111213146$214.8M in 2025−19% since 2018Shareholders’ equity101213146$182.8M in 2025+222% since 2018Cash10111213146$47.3M in 2025+970% since 2018Long-term debt181013146$50.0M in 2025+43% since 2018
Total assets151617$411.3M in Q2 FY2026+13% since Q2 FY2025Total liabilities151617$194.6M in Q2 FY2026−3% since Q2 FY2025Shareholders’ equity151617$216.7M in Q2 FY2026+32% since Q2 FY2025Cash151617$101.5M in Q2 FY2026+795% since Q2 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$47.3M
$45.6M
$15.4M
Trade receivables, net
$110.5M
$117.1M
Inventory
$133.8M
$124.9M
Prepaid expenses and other current assets
$13.1M
$16.1M
Total current assets
$304.7M
$303.7M
Property, plant and equipment, net
$30.3M
$34.4M
$27.4M
Right-of-use lease assets
$34.6M
$36.0M
Goodwill
$7.1M
$7.1M
Other intangible assets, net
$2.1M
$2.1M
Deferred tax assets
$3.6M
$6.7M
Deferred costs
$2.9M
$16.2M
Other non-current assets
$12.3M
$8.8M
Total assets
$397.6M
$415.1M
Accounts payable
$86.4M
$104.2M
Accrued compensation
$14.0M
$18.8M
Accrued product returns
$7.9M
$7.9M
Lease liabilities
$5.5M
$5.2M
Other current liabilities
$9.5M
$18.1M
Total current liabilities
$123.2M
$154.1M
Revolving credit agreements
$50.0M
$50.0M
Lease liabilities, non-current
$36.4M
$39.0M
Other long-term liabilities
$5.1M
$6.0M
Total liabilities
$214.8M
$249.2M
Preferred stock, par value $0.01 per share
$0
$0
Capital in excess of par value
$80.8M
$76.7M
Treasury stock
-$35.2M
-$26.2M
Retained earnings
$143.9M
$123.9M
Accumulated other comprehensive loss
-$6.8M
-$8.6M
Total stockholders equity
$182.8M
$165.9M
$147.3M
$124.5M
Total liabilities and stockholders equity
$397.6M
$415.1M
Preferred stock, par value (in dollars per share)
$0.01
$0.01
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$47.3M
$45.6M
$15.4M
Trade receivables, net
$110.5M
$117.1M
Inventory
$133.8M
$124.9M
Prepaid expenses and other current assets
$13.1M
$16.1M
Total current assets
$304.7M
$303.7M
Property, plant and equipment, net
$30.3M
$34.4M
$27.4M
Right-of-use lease assets
$34.6M
$36.0M
Goodwill
$7.1M
$7.1M
Other intangible assets, net
$2.1M
$2.1M
Deferred tax assets
$3.6M
$6.7M
Deferred costs
$2.9M
$16.2M
Other non-current assets
$12.3M
$8.8M
Total assets
$397.6M
$415.1M
Accounts payable
$86.4M
$104.2M
Accrued compensation
$14.0M
$18.8M
Accrued product returns
$7.9M
$7.9M
Lease liabilities
$5.5M
$5.2M
Other current liabilities
$9.5M
$18.1M
Total current liabilities
$123.2M
$154.1M
Revolving credit agreements
$50.0M
$50.0M
Lease liabilities, non-current
$36.4M
$39.0M
Other long-term liabilities
$5.1M
$6.0M
Total liabilities
$214.8M
$249.2M
Preferred stock, par value $0.01 per share
$0
$0
Capital in excess of par value
$80.8M
$76.7M
Treasury stock
-$35.2M
-$26.2M
Retained earnings
$143.9M
$123.9M
Accumulated other comprehensive loss
-$6.8M
-$8.6M
Total stockholders equity
$182.8M
$165.9M
$147.3M
$124.5M
Total liabilities and stockholders equity
$397.6M
$415.1M
Preferred stock, par value (in dollars per share)
$0.01
$0.01
Cash from operations1913146$13.8M in 2025+17% since 2018Capital spending10111213146$2.8M in 2025−64% since 2018Free cash flow1913146$11.0M in 2025+171% since 2018Dividends paid10111213146$6.4M in 2025+38% since 2018Share buybacks10111213146$9.0M in 2025
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
Period ending
2025-12-31
2024-12-31
2023-12-31
Net income
$26.5M
$30.8M
$25.2M
Depreciation and amortization
$5.9M
$4.8M
$4.4M
Deferred income taxes
$3.8M
-$7.3M
-$906.0K
Stock compensation expense
$4.1M
$6.3M
$5.4M
Pension termination expense
$0
$7.6M
$0
Other
$99.0K
$6.4M
-$358.0K
Trade receivables
$9.3M
$13.8M
-$18.8M
Inventory
-$6.7M
-$4.1M
$30.8M
Other assets
$9.6M
$713.0K
$10.9M
Accounts payable
-$18.1M
$4.7M
$37.5M
Other liabilities
-$20.6M
$1.7M
-$5.4M
Net cash provided by (used for) operating activities
$13.8M
$65.4M
$88.6M
Expenditures for property, plant and equipment
-$2.8M
-$3.2M
-$3.4M
Acquisition of business, net of cash acquired
$0
-$7.4M
$0
Issuance of secured loan
$0
-$600.0K
-$1.6M
Repayment of secured loan
$0
$2.2M
$0
Purchase of U.S. Treasury bill
$0
-$4.9M
$0
Proceeds from maturity of U.S. Treasury bill
$5.0M
$0
$0
Other
-$291.0K
$0
-$150.0K
Net cash provided by (used for) investing activities
$1.9M
-$13.9M
-$5.2M
Net additions (reductions) to revolving credit agreements
$0
$0
-$60.9M
Purchase of treasury stock
-$9.0M
-$14.1M
-$3.1M
Cash dividends paid
-$6.4M
-$6.3M
-$6.1M
Financing fees paid
$0
-$548.0K
$0
Net cash provided by (used for) financing activities
-$15.4M
-$20.9M
-$70.1M
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Hamilton Beach Brands is part of a group headed by NACCO Industries. 99 entities, 8 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Hamilton Beach Brands
Ameriprise FinancialFiled SCHEDULE 13G/A on Hamilton Beach Brands, latest Aug 14, 2026 (3 filings since Feb 14, 2024)
Alfred M. Et Al RankinFiled SCHEDULE 13D/A on Hamilton Beach Brands, latest Jun 13, 2025 (22 filings since Feb 11, 2022)
BlackRockFiled SC 13G on Hamilton Beach Brands, latest Nov 8, 2024 (4 filings since Feb 3, 2022)
FMR LLCFiled SC 13G/A on Hamilton Beach Brands, latest Feb 9, 2024 (3 filings since Feb 9, 2022)
Beatrice B. Taplin Filed SC 13D/A on Hamilton Beach Brands, latest Feb 10, 2023
THIRD AVENUE MANAGEMENT LLCFiled SC 13G/A on Hamilton Beach Brands, latest Feb 10, 2023 (2 filings since Apr 8, 2022)
Abigail II, LLCFiled SC 13D/A on Hamilton Beach Brands, latest Jun 6, 2022 (3 filings since Feb 11, 2022)
Bellaire Corporation Subsidiary · Ohio, United States
C&H Mining Company, Inc. Subsidiary · Alabama, United States
Caddo Creek Redevelopment, LLC Subsidiary · Delaware, United States
Caddo Creek Resources Company, LLC Subsidiary · Nevada, United States
Catapult Mineral Partners, LLC Subsidiary · Nevada, United States
Centennial Natural Resources, LLC Subsidiary · Nevada, United States
Coal Creek Solar I, LLC Subsidiary · Delaware, United States
CoalRidge Properties, LLC Subsidiary · Nevada, United States
Coyote Creek Mining Company, L.L.C. Subsidiary · Nevada, United States
Crossbow Energy Partners, LLC Subsidiary · Nevada, United States
Demery Resources Company, L.L.C. Subsidiary · Nevada, United States
GRENAC, LLC Subsidiary · Delaware, United States
HS Solar I, LLC Subsidiary · Delaware, United States
HS Solar II, LLC Subsidiary · Delaware, United States
HS Solar III, LLC Subsidiary · Delaware, United States
HS Solar IV, LLC Subsidiary · Delaware, United States
HS Solar V, LLC Subsidiary · Delaware, United States
Liberty Fuels Company, L.L.C. Subsidiary · Nevada, United States
Marshall Mine LLC Subsidiary · Delaware, United States
Mississippi Lignite Mining Company Subsidiary · Texas, United States
Mitigate Alabama, LLC Subsidiary · Nevada, United States
Mitigate Florida, LLC Subsidiary · Nevada, United States
and 61 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Hamilton Beach Brands reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Founded in April 1910 by inventor Frederick J. Osius in Racine, Wisconsin, the Hamilton Beach Manufacturing Company took its name from two men Osius hired, Louis Hamilton and Chester Beach. He hired Hamilton as the new company's advertising manager, and Beach to work as a mechanic. Osius did not care for his own name, so he paid Hamilton and Beach $1000 each for the right to use their names instead. The company mostly sold products that Osius had invented and patented. Still, Chester Beach had invented a high-speed fractional motor in 1905, which the company used in many of its products. Osius designed the agitator implement for the company's first milkshake machine, the Cyclone Drink Mixer, introduced in 1910. Hamilton and Beach left the company in 1913 to form their own firm, Wisconsin Electric Company. Osius sold Hamilton-Beach to Scovill Manufacturing in 1922 and moved to Millionaires' Row in Miami Beach. The Hamilton Beach drink mixer, with its characteristic spindle and metal container, was found at soda fountains of drug stores throughout North America. Other products included stand mixers (for making batter), fans, and hair dryers. The spindle drink mixer was expanded in the 1930s to enable multiple milkshakes to be processed at once. For a time, the brand was owned by NACCO Industries. The original company continues as the Hamilton Beach side of Hamilton Beach Brands, Inc. Since the 2000s, all of Hamilton Beach's appliances have been manufactured by subcontractors in China.
Jul 30, 2025Reported quarterly or annual results60
Apr 30, 2025Reported quarterly or annual results62
Feb 26, 2025Reported quarterly or annual results64
Oct 30, 2024Reported quarterly or annual results66
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
1,018 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 42 major events, 897 insider forms, 39 large holders, 19 other. The latest 20:
13 open-market trades by officers, directors and large owners since October 2021: 12 buys and 1 sales. Grants, option exercises and gifts are left out.
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 81. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Hamilton Beach Brands is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
From the cover page of the 10-K filed Feb 25, 2026 (Section 12(b) of the Exchange Act).20
Risk factors and legal proceedings
The risks Hamilton Beach Brands names in Item 1A of its 10-K filed Feb 25, 2026: 32 risks under these headings, as written.20
Industry Risks
Our business is sensitive to the strength of the North American consumer markets and weakness in these markets could adversely affect our business.
Our business is dependent on key customers and the loss of, or significant decline in business from, one or more of our key customers could materially reduce our revenue and profitability and our ability to sustain or grow our business.
The concentration of our brand name small electric household and specialty housewares appliance sales among a few retailers could materially reduce revenue and profitability.
If we are unable to continue to enhance existing products, as well as develop and market new products that respond to consumer needs and preferences and achieve market acceptance, we may experience a decrease in demand for our products, which could materially reduce revenue and profitability, which have historically benefited from sales of new products.
Our inability to compete effectively with competitors in our industry could result in lost market share and decreased revenue.
Changes in consumer shopping trends and changes in distribution channels could result in lost market share and decreased revenue and profitability.
The markets for our products are dependent on consumer spending and typically peak in the fourth quarter, which could result in significant variations in revenue and profitability.
Business Risks
Increases in costs of products may materially reduce our profitability.
Substantial disruptions at any of our distribution centers could have an adverse effect on our business, operating results and financial condition.
We depend on third-party suppliers, primarily located in the Asia-Pacific region, for all of our products, which subjects the Company to risks, including unanticipated increases in expenses, decreases in revenue and disruptions in the supply chain.
The other 22 risks
Certain products rely upon a single third-party supplier.
We are subject to changes in our customers’ inventory management strategies.
To the extent that we rely on newly acquired businesses or new product lines to expand our business, these acquisitions or new product lines may not contribute positively to our earnings because anticipated sales volumes and synergies may not materialize, cost savings may be less than expected or acquired businesses may carry unexpected liabilities.
Our expansion into the health and wellness market may result in unexpected challenges and inefficiencies, which could have an adverse effect on our business, operating results and financial condition.
Our ability to attract, retain and develop key talent is crucial to our results of operations and future growth.
Our business could suffer if information technology systems are disrupted, cease to operate effectively or become subject to a cybersecurity incident.
Failure to comply with personal data protection and privacy laws could have a material adverse effect on our business, financial condition and results of operations.
The Company’s good reputation is critical to the success of our business.
Financial Risks
Our financing arrangements contain various restrictions that could limit operating flexibility.
We are subject to foreign currency exchange risk.
Regulatory Risks
We may become subject to claims under foreign laws and regulations, which may be expensive, time-consuming and distracting.
Our obligations relating to environmental matters may exceed our expectations.
The Company is subject to litigation risk which could adversely affect our financial condition, results of operations and liquidity.
Our intellectual property rights could be infringed and adverse events regarding licensed intellectual property could harm our business.
Our business subjects us to product liability claims, which could affect our reputation, revenue and profitability.
Our business involves the potential for product recalls, which could affect our revenue and profitability.
Failure to comply with public health, consumer protection and other regulations could affect our reputation, revenue and profitability.
Compliance with multiple, and potentially conflicting, domestic and international laws and regulations, including anti-corruption laws, may be difficult, burdensome or expensive.
Government regulations could impose costly requirements on our business.
Changes in U.S. and foreign trade policies, tariffs and other government actions may increase our costs, disrupt our supply chain or otherwise adversely affect our business, financial condition or results of operations.
Risks Related to Our Common Stock
The amount and frequency of dividend payments made on the Company’s common stock could change.
Certain members of the Company’s extended founding family own a substantial amount of Class A Common and Class B Common, and if they were to act in concert, could control the outcome of director elections and other stockholder votes on significant actions.
Legal proceedings
The information required by this Item 3 is set forth in Note 10 “Contingencies” included in our Financial Statements and Supplementary Data contained in Part IV of this Form 10-K and is hereby incorporated herein by reference to such information.
