Hayward Holdings Inc (HAYW)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 118,655 | 80,687 | 179,347 | 203,725 | 43,302 |
| Revenue | US$ in thousands | 1,051,610 | 992,452 | 1,314,140 | 1,401,790 | 875,400 |
| Net profit margin | 11.28% | 8.13% | 13.65% | 14.53% | 4.95% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $118,655K ÷ $1,051,610K
= 11.28%
Hayward Holdings Inc's net profit margin has shown fluctuations over the past five years. In December 2020, the net profit margin was at 4.95%, indicating that the company was retaining approximately 4.95% of its revenue as profit after all expenses were paid.
There was a significant improvement in December 2021, with the net profit margin increasing to 14.53%, suggesting that the company became more efficient in generating profits relative to its revenue.
In December 2022, the net profit margin slightly decreased to 13.65%, but still remained at a relatively high level compared to the previous years.
However, there was a notable drop in December 2023, where the net profit margin decreased to 8.13%, indicating a decrease in profitability compared to the previous year.
In December 2024, the net profit margin increased to 11.28%, showing a partial recovery from the decrease in the previous year.
Overall, the trend in Hayward Holdings Inc's net profit margin indicates variability in the company's profitability over the five-year period, with some years exhibiting strong performance while others showing a decline in profitability. Monitoring and analyzing this ratio can provide insights into the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2024