Hayward Holdings Inc (HAYW)

Total asset turnover

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Revenue (ttm) US$ in thousands 1,051,606 1,003,000 995,735 994,885 992,452 972,950 997,913 1,113,812 1,314,136 1,407,554 1,512,911 1,477,869 1,401,809 1,310,120 1,183,981 1,039,581 875,381 798,035 756,900 720,250
Total assets US$ in thousands 2,990,620 2,889,860 2,862,670 2,927,660 2,946,280 2,883,080 2,883,650 2,925,690 2,875,010 2,830,400 2,981,360 2,999,510 2,978,470 2,845,940 2,793,300 2,720,300 2,607,100
Total asset turnover 0.35 0.35 0.35 0.34 0.34 0.34 0.35 0.38 0.46 0.50 0.51 0.49 0.47 0.46 0.42 0.38 0.34

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,051,606K ÷ $2,990,620K
= 0.35

The total asset turnover ratio of Hayward Holdings Inc has shown fluctuating trends over the past few years. Starting at a low level of 0.34 in December 2020, the ratio increased gradually to reach a peak of 0.51 in June 2022. However, it then experienced a slight decline to 0.46 by December 2022. Subsequently, the ratio fluctuated between 0.34 and 0.50 throughout 2023 and 2024, indicating relatively stable efficiency in utilizing its total assets to generate revenue during this period. Overall, the company's ability to generate sales relative to its total assets has shown some variability but has generally remained within a moderate range in the recent years.


Peer comparison

Dec 31, 2024

Company name
Symbol
Total asset turnover
Hayward Holdings Inc
HAYW
0.35
Middleby Corp
MIDD
0.53
Standex International Corporation
SXI
0.71
Tennant Company
TNC
1.08