DLH Holdings Corp.
DLHC Nasdaq· Services-Help Supply Services
Last close · Oct 23, 2026
$3.77
KIRA · Stoqly’s AI analyst, in plain words
- DLH Holdings Corp. had $344M of revenue in fiscal 2025, down 13.0% on the year before. Over five years, revenue changed +10.5% a year on average.
- Its operating margin was 4.9%, down 1.4 pts: of every 100 in sales, about 5 is left after running the business.
- DLH Holdings Corp. made $1.4M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew −12.5% a year.
- Free cash flow was $23.0M in fiscal 2025, 6.7% of revenue.
- DLH Holdings Corp. owes $128M more than it holds in cash, about 3.8 years of operating profit.
Market cap
$54.6M
P/E
—
Revenue
$344M
Net income
$1.4M
Free cash flow
$23.0M
Operating margin
4.9%
DLH Holdings Corp. in 30 seconds · fiscal 2025
Are sales growing?
−13.0%
No. Sales fell 13.0% last year.
Does it make a profit?
0.4%
A little. It keeps 0.4% of every sale as profit.
Does profit turn into cash?
6.7%
Partly. 6.7% of sales ends up as free cash.
Is debt under control?
3.8x
Heavy. Repaying its debt would take 3.8 years of operating profit.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What DLH Holdings Corp. does
No business description yet.
- Fiscal year ends
- September 30, 2025
- Latest annual report
- 10-K · Dec 10, 2025
- Legal name
- DLH Holdings Corp.
- CIK
- 0000785557
DLH Holdings Corp. · DLHC
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $246M | $395M | $376M | $396M | $344M |
| Revenue growth | 17.6% | 60.6% | −4.9% | 5.3% | −13.0% |
| Operating margin | 7.0% | 8.4% | 4.5% | 6.3% | 4.9% |
| Net income | $10.1M | $23.3M | $1.5M | $7.4M | $1.4M |
| Net margin | 4.1% | 5.9% | 0.4% | 1.9% | 0.4% |
| Diluted EPS | $0.75 | $1.64 | $0.10 | $0.51 | $0.09 |
| Cash | |||||
| Cash from operations | $45.7M | $1.2M | $31.0M | $27.4M | $23.2M |
| Capital expenditure | $0.1M | $0.9M | $0.6M | $0.8M | $0.2M |
| Free cash flow | $45.6M | $0.4M | $30.4M | $26.5M | $23.0M |
| FCF margin | 18.5% | 0.1% | 8.1% | 6.7% | 6.7% |
| Share buybacks | $0.0M | — | — | — | — |
| Share count change | 3.8% | 4.3% | 1.8% | −0.2% | 0.4% |
| Debt and strength | |||||
| Cash and short-term investments | $24.1M | $0.2M | $0.2M | $0.3M | $0.1M |
| Debt incl. finance leases | $44.6M | $20.4M | $172M | $149M | $128M |
| Shareholders' equity | $65.6M | $92.1M | $102M | $110M | $113M |
| Net debt / EBITDA | 0.8x | 0.5x | 5.3x | 3.6x | 3.8x |
| Current ratio | 0.9x | 1.1x | 1.0x | 1.0x | 1.0x |
| Interest coverage | 5.8x | 21.1x | 1.2x | 1.6x | 1.3x |
| Returns and quality | |||||
| Return on capital | 15.1% | 22.2% | 6.2% | 9.2% | 5.4% |
| Return on equity | 17.0% | 29.5% | 1.5% | 7.0% | 1.2% |
| Piotroski F-score | 7 | 6 | 3 | 8 | 5 |
| Altman Z'' | 0.6 | 2.8 | 0.8 | 1.2 | 1.2 |
Insiders bought, 12 months
$2.4M
1 insider
Insiders sold, 12 months
$0.7M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
DLH Holdings Corp. · DLHC
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $3.77 a share, the company is worth $54.6M.
Source: SEC EDGAR XBRL filings (CIK 0000785557). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.