HYLN vs GEV vs FPS Stock Comparison

Hyliion Holdings, GE Vernova and Forgent Power Solutions Prices as of Oct 27, 2026 Peers: Industry group
HYLN Hyliion Holdings Corp.
$3.29 -22.0% 1M +48.2% 1Y
Market cap
$587.07M
P/E
–
Revenue (TTM)
$9.25M
Div. yield
–
Power Equipment Industrials
1 win
GEV GE Vernova Inc.
$895.52 -6.4% 1M +53.2% 1Y
Market cap
$238.37B
P/E
25.0x
Revenue (TTM)
$41.37B
Div. yield
–
Power Equipment Industrials
6 wins

Head to Head

7 decided of 12

GE Vernova leads on 6 of the 12 questions below (GE Vernova 6, Hyliion Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHYLNGEVFPSLeader
Larger companyMarket capitalisation $587.07M $238.37B $7.08B GEV
Cheaper on earningsLower P/E, profitable companies only -11.2x 25.0x 80.3x GEV
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 19.4x –
Faster revenue growthRevenue growth, trailing twelve months +163.2% +13.0% — HYLN
More profitableNet margin, trailing twelve months -564.3% 23.0% — GEV
Better return on capitalReturn on invested capital — 10.7% — –
Less leveragedLower net debt / EBITDA — -3.4x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +48.2% +53.2% — GEV
Better 5-year returnAnnualised price return, 5 years -16.4%/yr — — –
Less volatileAnnualised volatility, 1 year 99.0% 53.9% 91.0% GEV
Higher overall scoreMean of the five percentile scores vs peers 57/100 83/100 — GEV

Percentile Scorecard

HYLNGEVFPS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHYLNGEVFPS
Valuation 33 #41 of 61 75 #16 of 61 5 #194 of 203
Growth 88 #8 of 58 98 #2 of 58 –
Profitability 13 #48 of 55 91 #6 of 55 –
Financial Health 93 #6 of 71 57 #31 of 71 20 #173 of 217
Shareholder Returns – 93 #3 of 30 –
Overall 57 83 –
  • HYLN ranked among 71 companies in Clean Energy Equipment
  • GEV ranked among 71 companies in Clean Energy Equipment
  • FPS ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHYLNGEVFPSSPY
1 month -22.0%-6.4%-30.7% -0.2%
3 months -7.1%-5.1%-16.6% +3.9%
6 months +81.8%-17.8%-26.9% +8.2%
Year to date +78.8%+37.0%— +12.9%
1 year +48.2%+53.2%— +12.3%
3 years +483.2%—— +87.4%
3 years, per year +80.1%—— +23.3%
5 years -59.1%—— +67.9%
5 years, per year -16.4%—— +10.9%

Risk

MeasureHYLNGEVFPSSPY
Volatility, 1Y 99.0%53.9%91.0% 12.7%
Downside volatility, 1Y 92.7%53.9%90.8% 12.7%
Beta vs S&P 500, 1Y 3.172.153.61 1.00
Return / volatility, 1Y 0.490.99— 0.97
Max drawdown, 5Y -94.0%-38.3%-62.5% -25.4%
From 52-week high -59.4%-23.8%-58.2% -1.2%
52-week high $8.10$1,174.86$64.59 $779.14
52-week low $1.58$547.96$24.22 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHYLNGEVFPS
P/E now vs peer median -11.2xmedian 27.2x 25.2xmedian 27.2x 80.3xmedian 25.2x
P/S now vs peer median 63.5xmedian 2.4x 5.8xmedian 2.4x 5.2xmedian 1.9x
EV/EBITDA now vs peer median -10.3xmedian 18.4x 76.0xmedian 18.4x —median 14.0x
P/FCF now vs peer median -10.4xmedian 28.6x 19.2xmedian 28.6x -1,085xmedian 21.7x
P/B now vs peer median 3.5xmedian 1.7x 18.2xmedian 1.7x 11.0xmedian 2.3x
PEG now vs peer median -0.37median 0.79 —median 0.79 —median 1.32

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHYLNGEVFPS
Revenue $9.25M $41.37B –
Gross profit $603.00K $8.36B –
Operating income -$58.73M $1.80B –
Net income -$52.19M $9.54B –
Free cash flow -$56.62M $12.44B –
R&D $37.27M $1.31B –
EPS (diluted) $-0.29 $35.29 –
Cash & equivalents $13.20M $13.12B $97.48M
Total debt – $2.79B $582.18M
Shares (diluted) 178.44M 270.00M 243.80M
Enterprise value $252.97M $198.28B $7.08B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHYLNGEVFPS
P/E -11.2x 25.2x 80.3x
P/FCF -10.4x 19.2x -1,085x
P/Operating cash flow -13.9x 16.9x –
P/S 63.5x 5.8x 5.2x
P/B 3.5x 18.2x 11.0x
P/Tangible book 3.5x 27.7x 19.4x
EV/EBITDA -10.3x 76.0x –
EV/EBIT -8.9x 126.8x –
EV/Revenue 56.6x 5.5x –
EV/FCF -9.2x 18.3x –
EV/Operating cash flow -12.4x 16.1x –
PEG (3Y EPS CAGR) -0.37 – –

Growth

14 metrics
MetricHYLNGEVFPS
Revenue growth (1Y) 163.2% 13.0% –
Revenue CAGR (3Y) 62.1% – –
Gross profit growth (1Y) 154.4% 27.7% –
Gross profit CAGR (3Y) 29.7% – –
Operating income growth (1Y) 11.9% 174.7% –
Operating income CAGR (3Y) 29.6% – –
Net income growth (1Y) 7.3% 719.9% –
Net income CAGR (3Y) 30.7% – –
EPS growth (1Y) 8.9% 742.6% –
EPS CAGR (3Y) 30.4% – –
Operating cash flow growth (1Y) 10.5% 295.4% –
Operating cash flow CAGR (3Y) 30.3% – –
Free cash flow growth (1Y) 16.0% 359.3% –
Free cash flow CAGR (3Y) 24.4% – –

Profitability

14 metrics
MetricHYLNGEVFPS
Gross margin 6.5% 20.2% –
EBITDA margin -551.3% 7.3% –
Operating margin -635.2% 4.3% –
Pretax margin -564.5% 19.0% –
Net margin -564.3% 23.0% –
FCF margin -612.3% 30.1% –
Operating cash flow margin -458.2% 34.2% –
Return on equity -29.7% 67.6% –
Return on assets -28.2% 12.2% –
Return on invested capital – 10.7% –
Return on capital employed -33.4% 8.0% –
Asset turnover 0.0x 0.5x –
Cash conversion (OCF / net income) 0.8x 1.5x –
Stock comp / revenue 64.8% – –

Financial Health

11 metrics
MetricHYLNGEVFPS
Debt / assets – 3.5% 26.1%
Debt / equity – 0.2x 0.9x
Net debt / EBITDA – -3.4x –
Debt / FCF – 0.2x –
Liabilities / assets 5.6% 83.8% 69.9%
Equity / assets 94.4% 16.2% 30.1%
Interest coverage – 9.5x –
Current ratio 7.6x 0.8x 1.5x
Quick ratio 7.1x 0.6x 1.0x
Cash ratio 6.8x 0.2x 0.2x
Altman Z-score 32.65 2.77 –

Shareholder Returns

7 metrics
MetricHYLNGEVFPS
Dividend yield – 0.2% –
Net buyback yield – 2.3% –
Shareholder yield – 2.5% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHYLNGEVFPS
Forward P/E – – 19.4xFY2027
EPS, next fiscal year $-0.32FY2026 – $1.39FY2027
EPS growth, next FY – – +104.4%FY2027
EPS growth, the year after – – +53.2%
Revenue, next fiscal year $14.80MFY2026 – $2.41BFY2027
Revenue growth, next FY +325.2%FY2026 – +69.5%FY2027
Revenue growth, the year after +127.8% – +38.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHYLNGEVFPS
Held by institutions 33.4% 79.1% 64.9%
Institutions holding 168 3,416 369
Change in shares held, QoQ +19.5% +4.0% +46.0%
Institutions buying 106 1,952 296
Institutions selling 38 982 63
Buyers to sellers 2.79 1.99 4.70

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HYLNGEVFPS
HYLN 1.00 0.32 0.37
GEV 0.32 1.00 0.63
FPS 0.37 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HYLN, GEV and FPS?

GE Vernova (GEV) is the largest by market capitalisation: Hyliion Holdings (HYLN) $587.07M, GE Vernova (GEV) $238.37B, Forgent Power Solutions (FPS) $7.08B.

Which stock is cheaper, HYLN, GEV and FPS?

GE Vernova (GEV) trades on the lowest price-to-earnings ratio (Hyliion Holdings (HYLN) -11.2x, GE Vernova (GEV) 25.0x, Forgent Power Solutions (FPS) 80.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hyliion Holdings (HYLN) grew revenue fastest over the trailing twelve months: Hyliion Holdings (HYLN) +163.2%, GE Vernova (GEV) +13.0%.

Which company is more profitable?

GE Vernova (GEV) has the highest net margin (Hyliion Holdings (HYLN) -564.3%, GE Vernova (GEV) 23.0%).

Which stock has performed better?

Over the past year GE Vernova (GEV) returned the most: Hyliion Holdings (HYLN) +48.2%, GE Vernova (GEV) +53.2%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, GE Vernova (GEV) has been the steadiest (Hyliion Holdings (HYLN) 99.0%, GE Vernova (GEV) 53.9%, Forgent Power Solutions (FPS) 91.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HYLN, GEV and FPS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, GE Vernova (GEV) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.