Hudson Technologies, Inc. (HDSN) Stock

Hudson Technologies, Inc. (HDSN) is a Consumer Discretionary stock trading at $5.64 (as of 2026-08-21), with a market capitalization of $246.29M and a trailing P/E of 27.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Hudson Technologies, Inc. provides services and products for the refrigeration and industrial gas sector. Its offerings include refrigerant and industrial gas supply, refrigerant management such as reclamation and cylinder refurbishment with hydrostatic testing, and RefrigerantSide system decontamination, along with SmartEnergy OPS monitoring and related water and chiller chemistry services for commercial, industrial, governmental, and industry channel customers in the United States.

Understand Hudson Technologies, Inc.: how it makes money

Hudson Technologies provides refrigerant and refrigeration-industry services, including refrigerant and industrial gas sales, refrigerant management (reclamation, cylinder refurbishment, and hydrostatic testing), RefrigerantSide decontamination, and SmartEnergy OPS continuous monitoring, generating revenue from these products and services.

The profit engine is servicing the refrigeration industry over time, using refrigerant management and decontamination services tied to an installed base of high-side hydrochlorofluorocarbon equipment, plus recurring, monitoring-style services (SmartEnergy OPS).

Business quality (Weak): Business is understandable through its service categories, and the installed base metric gives a view into future service opportunity, but the provided data shows limited segment detail and operating margin is relatively low, which can amplify any execution or cost swings.

Valuation: At 18× earnings, HDSN trades 23% below the Wholesale average (24×). Note: one-time items can distort reported P/E.

Bull case

  • Multi-offering service model in refrigeration: Services span refrigerant management (reclamation, cylinder refurbishment, hydrostatic testing) and RefrigerantSide decontamination, plus SmartEnergy OPS web-based continuous monitoring.
  • Installed base metric supports service demand visibility: The company reports an Installed Base of High-Side Hydrochlorofluorocarbon Equipment Units (125,000,000), which can indicate the addressable equipment population for recurring service needs.

Bear case

  • Low operating margin leaves less room for cost pressure: Latest-quarter operating margin is 2.4%, so profitability may be sensitive to changes in service costs, pricing, or execution.
  • Working capital and collections may matter: Day Sales Outstanding is 51.0, which can signal how quickly customers pay and may affect near-term cash flow.
  • Defense Logistics Agency contract revenue is separately tracked: Revenue from Defense Logistics Agency Contract is reported as 0.01B, which suggests at least some revenue exposure tied to that contract, potentially affecting results if contract activity changes.
Valuation — source: SEC EDGAR (first-party)
Price$5.64
Market Cap$246.29M
P/E Ratio27.3
EV / EBITDA14.0
Price / Book1.01
Price / Sales0.96
FCF Yield-28.0%
DCF Value (model)$3.93
DCF Upside vs Price-30.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$246.61M
Net Margin6.8%
Revenue Growth (YoY)7.5%
EPS Growth (YoY)-47.8%
FCF Growth (YoY)-227.9%
Financial Health — source: SEC EDGAR
Altman Z-Score4.09 (safe)
Valuation vs Sector & Industry
Stock P/E27.3
Sector P/E (Consumer Discretionary)20.7
Industry P/E (Wholesale)24.0
vs Sector32.0%
vs Industry13.9%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderHartree Partners, LP ($22.34M)
Institutional Holders Tracked10
Company
SectorConsumer Discretionary
IndustryWholesale
CEOKenneth Gaglione
Employees238
CountryUS
IPO Date1994-11-01

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HDSN earnings history · HDSN institutional & insider holders · HDSN KPIs & operating metrics · HDSN financials · HDSN investor presentations & press releases · HDSN SEC filings · HDSN peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.