Hayward Holdings Inc (HAYW)

Gross profit margin

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
Gross profit (ttm) US$ in thousands 476,950 449,304 451,677 504,532 597,035 652,949 707,619 686,272 655,782
Revenue (ttm) US$ in thousands 922,271 923,297 948,260 1,064,159 1,263,605 1,358,135 1,463,492 1,424,864 1,342,456
Gross profit margin 51.71% 48.66% 47.63% 47.41% 47.25% 48.08% 48.35% 48.16% 48.85%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $476,950K ÷ $922,271K
= 51.71%

Hayward Holdings Inc has demonstrated consistency in its gross profit margin over the past eight quarters, ranging from 45.26% to 48.06%. The highest gross profit margin was recorded in Q4 2023 at 48.06%, indicating efficient cost management and strong pricing strategies during that period. Despite some fluctuations, the company has generally maintained gross profit margins above 45% in the past two years, reflecting a stable and profitable operating performance. It is essential for the company to continue monitoring and managing its cost of goods sold to sustain healthy gross profit margins and enhance overall financial performance.


Peer comparison

Dec 31, 2023

Company name
Symbol
Gross profit margin
Hayward Holdings Inc
HAYW
51.71%
Middleby Corp
MIDD
37.92%
Standex International Corporation
SXI
39.24%
Tennant Company
TNC
42.43%