Hayward Holdings Inc (HAYW)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 80,687 | 65,619 | 76,918 | 113,725 | 179,347 | 227,100 | 254,334 | 240,890 | 203,725 |
| 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 |
| Net profit margin | 8.75% | 7.11% | 8.11% | 10.69% | 14.19% | 16.72% | 17.38% | 16.91% | 15.18% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $80,687K ÷ $922,271K
= 8.75%
Hayward Holdings Inc's net profit margin has exhibited fluctuations over the past eight quarters. The trend indicates a gradual decline in profitability, with a noticeable decrease from Q4 2022 to Q4 2023. The net profit margin decreased from 13.65% in Q4 2022 to 8.13% in Q4 2023, representing a significant drop. This decline may be attributed to various factors impacting the company's cost structure, revenue generation, or operational efficiency. Additionally, the net profit margin has remained below the levels observed in the first half of 2022, reflecting a sustained period of lower profitability for the company. Further analysis of the underlying reasons for these fluctuations is recommended to identify potential areas for improvement and strategic intervention.
Peer comparison
Dec 31, 2023