HYLN vs VGTK vs FPS Stock Comparison

Hyliion Holdings, Viking Global Technologies and Forgent Power Solutions Prices as of Oct 29, 2026 Peers: Industry group
HYLN Hyliion Holdings Corp.
$3.42 -14.7% 1M +50.7% 1Y
Market cap
$574.05M
P/E
–
Revenue (TTM)
$9.25M
Div. yield
–
Power Equipment Industrials
3 wins

Head to Head

5 decided of 12

Hyliion Holdings leads on 3 of the 12 questions below (Hyliion Holdings 3, Forgent Power Solutions 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHYLNVGTKFPSLeader
Larger companyMarket capitalisation $574.05M $10.17M $6.24B FPS
Cheaper on earningsLower P/E, profitable companies only -11.0x -1.0x 84.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 20.4x –
Faster revenue growthRevenue growth, trailing twelve months +163.2% — — –
More profitableNet margin, trailing twelve months -564.3% — — –
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — -16.2x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +50.7% -20.0% — HYLN
Better 5-year returnAnnualised price return, 5 years -15.8%/yr -77.2%/yr — HYLN
Less volatileAnnualised volatility, 1 year 98.6% 140.8% 91.1% FPS
Higher overall scoreMean of the five percentile scores vs peers 57/100 48/100 — HYLN

Percentile Scorecard

HYLNVGTKFPS

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

AxisHYLNVGTKFPS
Valuation 33 #42 of 62 54 #29 of 62 5 #193 of 203
Growth 90 #7 of 59 86 #9 of 59 –
Profitability 13 #48 of 55 – –
Financial Health 93 #6 of 72 3 #70 of 72 20 #174 of 216
Shareholder Returns – – –
Overall 57 48 –
  • HYLN ranked among 72 companies in Clean Energy Equipment
  • VGTK ranked among 72 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

PeriodHYLNVGTKFPSSPY
1 month -14.7%+33.3%-23.8% +0.7%
3 months -5.0%+33.3%-14.9% +3.7%
6 months +79.1%+33.3%-24.7% +7.1%
Year to date +85.9%0.0%— +12.8%
1 year +50.7%-20.0%— +11.9%
3 years +478.0%-88.9%— +85.2%
3 years, per year +79.5%-51.9%— +22.8%
5 years -57.7%-99.9%— +67.6%
5 years, per year -15.8%-77.2%— +10.9%
10 years —-100.0%— +262.0%
10 years, per year —-87.7%— +13.7%

Risk

MeasureHYLNVGTKFPSSPY
Volatility, 1Y 98.6%140.8%91.1% 12.7%
Downside volatility, 1Y 92.9%480.5%90.5% 12.6%
Beta vs S&P 500, 1Y 3.171.353.63 1.00
Return / volatility, 1Y 0.51-0.14— 0.94
Max drawdown, 5Y -94.0%-100.0%-62.5% -25.4%
From 52-week high -57.8%-20.0%-56.1% -1.2%
52-week high $8.10$0.05$64.59 $779.14
52-week low $1.58$0.02$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.

MultipleHYLNVGTKFPS
P/E now vs peer median -11.7xmedian 26.6x -1.2xmedian 26.6x 84.3xmedian 25.8x
P/S now vs peer median 66.1xmedian 2.6x —median 2.6x 5.5xmedian 1.9x
EV/EBITDA now vs peer median -10.7xmedian 18.9x -20.1xmedian 18.9x —median 14.6x
P/FCF now vs peer median -10.8xmedian 30.1x -10.6xmedian 30.1x -1,140xmedian 22.2x
P/B now vs peer median 3.6xmedian 1.9x -0.2xmedian 1.9x 11.6xmedian 2.2x
PEG now vs peer median -0.38median 0.97 0.04median 0.97 —median 1.45

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 monthsHYLNVGTKFPS
Revenue $9.25M – –
Gross profit $603.00K – –
Operating income -$58.73M -$6.18M –
Net income -$52.19M -$9.98M –
Free cash flow -$56.62M -$1.06M –
R&D $37.27M – –
EPS (diluted) $-0.29 $-0.03 –
Cash & equivalents $13.20M $393.73K $97.48M
Total debt – $47.10M $582.18M
Shares (diluted) 178.44M 281.77M 243.80M
Enterprise value $239.94M $8.91M $6.24B

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
MetricHYLNVGTKFPS
P/E -11.7x -1.2x 84.3x
P/FCF -10.8x -10.6x -1,140x
P/Operating cash flow -14.4x -10.6x –
P/S 66.1x – 5.5x
P/B 3.6x -0.2x 11.6x
P/Tangible book 3.6x -0.2x 20.4x
EV/EBITDA -10.7x -20.1x –
EV/EBIT -9.3x -9.4x –
EV/Revenue 59.1x – –
EV/FCF -9.7x -54.5x –
EV/Operating cash flow -12.9x -54.5x –
PEG (3Y EPS CAGR) -0.38 0.04 –

Growth

14 metrics
MetricHYLNVGTKFPS
Revenue growth (1Y) 163.2% – –
Revenue CAGR (3Y) 62.1% – –
Gross profit growth (1Y) 154.4% – –
Gross profit CAGR (3Y) 29.7% – –
Operating income growth (1Y) 11.9% 37.1% –
Operating income CAGR (3Y) 29.6% 9.9% –
Net income growth (1Y) 7.3% 74.4% –
Net income CAGR (3Y) 30.7% -36.5% –
EPS growth (1Y) 8.9% 71.6% –
EPS CAGR (3Y) 30.4% -26.4% –
Operating cash flow growth (1Y) 10.5% 48.1% –
Operating cash flow CAGR (3Y) 30.3% 38.5% –
Free cash flow growth (1Y) 16.0% 48.7% –
Free cash flow CAGR (3Y) 24.4% 38.7% –

Profitability

14 metrics
MetricHYLNVGTKFPS
Gross margin 6.5% – –
EBITDA margin -551.3% – –
Operating margin -635.2% – –
Pretax margin -564.5% – –
Net margin -564.3% – –
FCF margin -612.3% – –
Operating cash flow margin -458.2% – –
Return on equity -29.7% – –
Return on assets -28.2% -39.9% –
Return on invested capital – – –
Return on capital employed -33.4% – –
Asset turnover 0.0x – –
Cash conversion (OCF / net income) 0.8x 0.1x –
Stock comp / revenue 64.8% – –

Financial Health

11 metrics
MetricHYLNVGTKFPS
Debt / assets – 235.8% 26.1%
Debt / equity – -0.9x 0.9x
Net debt / EBITDA – -16.2x –
Debt / FCF – -44.3x –
Liabilities / assets 5.6% 365.9% 69.9%
Equity / assets 94.4% -265.9% 30.1%
Interest coverage – -3.7x –
Current ratio 7.6x 0.0x 1.5x
Quick ratio 7.1x 0.0x 1.0x
Cash ratio 6.8x 0.0x 0.2x
Altman Z-score 34.04 – –

Shareholder Returns

7 metrics
MetricHYLNVGTKFPS
Dividend yield – – –
Net buyback yield – – –
Shareholder yield – – –
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.

ConsensusHYLNVGTKFPS
Forward P/E – – 20.4xFY2027
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
HoldersHYLNVGTKFPS
Held by institutions 33.4% – 64.9%
Institutions holding 168 – 370
Change in shares held, QoQ +19.5% – +46.0%
Institutions buying 106 – 297
Institutions selling 38 – 63
Buyers to sellers 2.79 – 4.71

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.

HYLNVGTKFPS
HYLN 1.00 0.08 0.37
VGTK 0.08 1.00 0.10
FPS 0.37 0.10 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, HYLN, VGTK and FPS?

Forgent Power Solutions (FPS) is the largest by market capitalisation: Hyliion Holdings (HYLN) $574.05M, Viking Global Technologies (VGTK) $10.17M, Forgent Power Solutions (FPS) $6.24B.

Which stock has performed better?

Over the past year Hyliion Holdings (HYLN) returned the most: Hyliion Holdings (HYLN) +50.7%, Viking Global Technologies (VGTK) -20.0%. Over five years, Hyliion Holdings (HYLN) compounded fastest (Hyliion Holdings (HYLN) -15.8%/yr, Viking Global Technologies (VGTK) -77.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Forgent Power Solutions (FPS) has been the steadiest (Hyliion Holdings (HYLN) 98.6%, Viking Global Technologies (VGTK) 140.8%, Forgent Power Solutions (FPS) 91.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HYLN, VGTK 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, Hyliion Holdings (HYLN) leads on 3. 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.