Hayward Holdings Inc (HAYW)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 516,908 | 478,466 | 470,782 | 469,154 | 469,366 | 449,304 | 451,677 | 504,532 | 597,035 | 652,949 | 707,619 | 686,254 | 655,760 | 607,778 | 551,478 | 481,378 | 397,078 | 360,529 | 335,250 | 318,225 |
| 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 |
| Gross profit margin | 49.15% | 47.70% | 47.28% | 47.16% | 47.29% | 46.18% | 45.26% | 45.30% | 45.43% | 46.39% | 46.77% | 46.44% | 46.78% | 46.39% | 46.58% | 46.31% | 45.36% | 45.18% | 44.29% | 44.18% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $516,908K ÷ $1,051,606K
= 49.15%
Hayward Holdings Inc's gross profit margin has shown a generally positive trend over the analyzed period from March 31, 2020, to December 31, 2024. The company's gross profit margin started at 44.18% in March 2020 and increased gradually, reaching a peak of 49.15% by December 2024.
The trend indicates an improvement in the company's ability to generate profits from its production and manufacturing activities. A rising gross profit margin suggests that Hayward Holdings Inc has been able to control its production costs and/or command higher prices for its products over time.
However, it's worth noting that there were fluctuations in the gross profit margin during the period, with some quarters showing a slight decrease compared to the previous period. For example, there was a decrease from 46.77% in June 2022 to 45.43% in December 2022. These fluctuations could be attributed to various factors such as changes in input costs, pricing strategies, or competitive pressures.
Overall, the increasing trend in Hayward Holdings Inc's gross profit margin signals a positive performance in terms of the company's profitability and operational efficiency in generating revenues after accounting for the costs directly associated with production.
Peer comparison
Dec 31, 2024