Halma plc (HLMA.L) stock analysis

In our weekly check, Halma plc is graded A (A to F). Of 25 checks on debt, profit, cash flow and trend: 22 pass, warnings: 3, red flags: 0.

About Halma plc

Halma plc is an Industrials company (Conglomerates) based in the United Kingdom, listed on LSE as HLMA.L.

What our checks show for HLMA.L

Warning signs

• The net margin fell by 1.6 points over 5 years, to 14.4%: the company keeps less of each sale as profit.
• The stock has fallen as much as 44% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 1.7 years.

Strengths

• Net debt is only 1.2x a year of EBITDA: the balance sheet has room.
• Operating profit covers interest 19.6 times over.
• The gross margin is 49.8% and has risen by 2.3 points: pricing power is holding.
• Operating cash flow is 1.22x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 17.7% a year over the next years.
• Analysts expect the net margin to improve by 3.3 points from today's 14.4%.

Next earnings report: 2026-11-19

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Questions

What grade does Halma plc (HLMA.L) have?

In our weekly check, Halma plc is graded A (A to F). Of 25 checks on debt, profit, cash flow and trend: 22 pass, warnings: 3, red flags: 0. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of HLMA.L stock?

This week's biggest flags for Halma plc: Margins falling, Deep past fall, Slow recovery after falls. In total 3 of 25 checks show a warning or a red flag.

What does Halma plc do?

Halma plc is an Industrials company (Conglomerates) based in the United Kingdom, listed on LSE as HLMA.L.

When does Halma plc report earnings next?

The next earnings report is expected on 2026-11-19. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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