Harmonic Inc. (HLIT)
NASDAQ: HLIT · Real-Time Price · USD
9.56
+0.02 (0.21%)
At close: Nov 28, 2025, 1:00 PM EST
9.43
-0.13 (-1.35%)
After-hours: Nov 28, 2025, 4:55 PM EST

Harmonic Statistics

Total Valuation

Harmonic has a market cap or net worth of $1.07 billion. The enterprise value is $1.09 billion.

Market Cap1.07B
Enterprise Value 1.09B

Important Dates

The last earnings date was Monday, November 3, 2025, after market close.

Earnings Date Nov 3, 2025
Ex-Dividend Date n/a

Share Statistics

Harmonic has 112.23 million shares outstanding. The number of shares has decreased by -1.34% in one year.

Current Share Class 112.23M
Shares Outstanding 112.23M
Shares Change (YoY) -1.34%
Shares Change (QoQ) -0.15%
Owned by Insiders (%) 1.38%
Owned by Institutions (%) 89.60%
Float 110.61M

Valuation Ratios

The trailing PE ratio is 22.49 and the forward PE ratio is 16.71.

PE Ratio 22.49
Forward PE 16.71
PS Ratio 1.73
Forward PS 1.69
PB Ratio 2.42
P/TBV Ratio 5.33
P/FCF Ratio 8.04
P/OCF Ratio 7.44
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.59, with an EV/FCF ratio of 8.18.

EV / Earnings 22.01
EV / Sales 1.72
EV / EBITDA 11.59
EV / EBIT 13.15
EV / FCF 8.18

Financial Position

The company has a current ratio of 2.08, with a Debt / Equity ratio of 0.33.

Current Ratio 2.08
Quick Ratio 1.50
Debt / Equity 0.33
Debt / EBITDA 1.43
Debt / FCF 1.10
Interest Coverage 12.97

Financial Efficiency

Return on equity (ROE) is 11.38% and return on invested capital (ROIC) is 8.88%.

Return on Equity (ROE) 11.38%
Return on Assets (ROA) 6.84%
Return on Invested Capital (ROIC) 8.88%
Return on Capital Employed (ROCE) 13.81%
Revenue Per Employee $512,669
Profits Per Employee $40,020
Employee Count1,240
Asset Turnover 0.84
Inventory Turnover 3.95

Taxes

In the past 12 months, Harmonic has paid $26.68 million in taxes.

Income Tax 26.68M
Effective Tax Rate 34.96%

Stock Price Statistics

The stock price has decreased by -23.89% in the last 52 weeks. The beta is 1.05, so Harmonic's price volatility has been similar to the market average.

Beta (5Y) 1.05
52-Week Price Change -23.89%
50-Day Moving Average 10.08
200-Day Moving Average 9.60
Relative Strength Index (RSI) 45.55
Average Volume (20 Days) 1,079,711

Short Selling Information

The latest short interest is 1.87 million, so 1.67% of the outstanding shares have been sold short.

Short Interest 1.87M
Short Previous Month 2.22M
Short % of Shares Out 1.67%
Short % of Float 1.69%
Short Ratio (days to cover) 2.31

Income Statement

In the last 12 months, Harmonic had revenue of $635.71 million and earned $49.63 million in profits. Earnings per share was $0.43.

Revenue635.71M
Gross Profit 354.61M
Operating Income 83.06M
Pretax Income 76.31M
Net Income 49.63M
EBITDA 94.24M
EBIT 83.06M
Earnings Per Share (EPS) $0.43
Full Income Statement

Balance Sheet

The company has $127.38 million in cash and $146.56 million in debt, giving a net cash position of -$19.19 million or -$0.17 per share.

Cash & Cash Equivalents 127.38M
Total Debt 146.56M
Net Cash -19.19M
Net Cash Per Share -$0.17
Equity (Book Value) 443.01M
Book Value Per Share 3.95
Working Capital 169.93M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $144.21 million and capital expenditures -$10.75 million, giving a free cash flow of $133.46 million.

Operating Cash Flow 144.21M
Capital Expenditures -10.75M
Free Cash Flow 133.46M
FCF Per Share $1.19
Full Cash Flow Statement

Margins

Gross margin is 55.78%, with operating and profit margins of 13.07% and 7.81%.

Gross Margin 55.78%
Operating Margin 13.07%
Pretax Margin 12.00%
Profit Margin 7.81%
EBITDA Margin 14.82%
EBIT Margin 13.07%
FCF Margin 20.99%

Dividends & Yields

Harmonic does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 1.34%
Shareholder Yield 1.34%
Earnings Yield 4.63%
FCF Yield 12.44%
Dividend Details

Analyst Forecast

The average price target for Harmonic is $13.13, which is 37.34% higher than the current price. The consensus rating is "Buy".

Price Target $13.13
Price Target Difference 37.34%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on October 15, 1999. It was a forward split with a ratio of 2:1.

Last Split Date Oct 15, 1999
Split Type Forward
Split Ratio 2:1

Scores

Harmonic has an Altman Z-Score of 0.11 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.11
Piotroski F-Score 7