Hayward Holdings Inc (HAYW)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 50.47% | 48.06% | 45.43% | 46.78% | 45.35% |
| Operating profit margin | 19.85% | 17.66% | 21.73% | 22.68% | 14.23% |
| Pretax margin | 13.71% | 10.19% | 17.82% | 18.56% | 6.60% |
| Net profit margin | 11.28% | 8.13% | 13.65% | 14.53% | 4.95% |
Hayward Holdings Inc's profitability ratios have shown varying trends over the past five years.
1. Gross Profit Margin: The company's gross profit margin has generally been increasing, indicating an improvement in its ability to generate profits from its core business operations. The margin increased from 45.35% in 2020 to 50.47% in 2024, suggesting efficient cost management or pricing strategies.
2. Operating Profit Margin: Hayward Holdings Inc's operating profit margin experienced fluctuations during the period. There was a significant increase from 14.23% in 2020 to 22.68% in 2021, followed by a slight decline in the subsequent years. This might indicate fluctuations in operating expenses or changes in revenue generation efficiency.
3. Pre-tax Margin: The pre-tax margin also exhibited fluctuations, with a notable increase from 6.60% in 2020 to 18.56% in 2021, before decreasing in the following years. This implies changes in pre-tax profitability relative to total revenue, possibly reflecting variations in tax liabilities or non-operating income.
4. Net Profit Margin: Hayward Holdings Inc's net profit margin shows the company's bottom-line profitability after considering all expenses. The margin increased from 4.95% in 2020 to 14.53% in 2021, before experiencing a downward trend in the subsequent years. This suggests changes in net profitability relative to total revenue, which could be attributed to factors like interest expenses or non-operating income.
Overall, while the company exhibited improvements in gross profit margin over the years, the operating profit margin, pre-tax margin, and net profit margin showed fluctuations. Further analysis of the company's cost structures, revenue streams, and overall financial performance would be necessary to understand the factors driving these profitability trends.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.98% | 5.95% | 9.93% | 10.68% | 4.78% |
| Return on assets (ROA) | 3.97% | 2.74% | 6.24% | 6.84% | 1.66% |
| Return on total capital | 14.49% | 13.32% | 24.47% | 24.32% | 62.81% |
| Return on equity (ROE) | 8.33% | 6.15% | 14.66% | 14.88% | 20.70% |
Hayward Holdings Inc's profitability ratios have shown variability over the years.
- The Operating Return on Assets (Operating ROA) increased from 4.78% in 2020 to 10.68% in 2021, but then slightly decreased to 9.93% in 2022. It further dropped to 5.95% in 2023 before recovering to 6.98% in 2024. This ratio indicates the company's efficiency in generating profits from its assets used in operations.
- The Return on Assets (ROA) also demonstrated fluctuations, starting at 1.66% in 2020 and increasing significantly to 6.84% in 2021. However, it declined to 6.24% in 2022, then further decreased to 2.74% in 2023, and slightly improved to 3.97% in 2024. ROA reflects the company's ability to generate profits relative to its total assets.
- The Return on Total Capital showed a steep decline from 62.81% in 2020 to 24.32% in 2021, and then remained relatively stable at around 24% in 2022 and 2023. It decreased to 13.32% by the end of 2023 and slightly rose to 14.49% in 2024. This ratio evaluates the returns earned on total capital employed in the business.
- The Return on Equity (ROE) decreased from 20.70% in 2020 to 14.88% in 2021 and further to 14.66% in 2022. It then dropped more significantly to 6.15% in 2023 before recovering slightly to 8.33% in 2024. ROE measures the returns available to common equity shareholders relative to the equity invested.
Overall, the company's profitability ratios indicate variations in performance, highlighting the importance of monitoring efficiency in asset utilization and profit generation to sustain and improve financial health.