Hayward Holdings Inc (HAYW)

Operating 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
Operating income (ttm) US$ in thousands 175,222 155,796 167,227 207,000 285,573 329,036 366,490 344,693 317,974
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
Operating profit margin 19.00% 16.87% 17.64% 19.45% 22.60% 24.23% 25.04% 24.19% 23.69%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $175,222K ÷ $922,271K
= 19.00%

The operating profit margin of Hayward Holdings Inc has shown a declining trend over the past quarters, starting at 22.35% in Q4 2022 and dropping to 18.99% by Q4 2023. This downward trajectory indicates a decrease in the company's ability to generate profits from its core business operations over time. Despite some fluctuations, the operating profit margin has generally been on a downward trend since Q4 2022. It is important for the company to closely monitor and address the factors contributing to this decline in order to improve its operational efficiency and profitability in the future.


Peer comparison

Dec 31, 2023

Company name
Symbol
Operating profit margin
Hayward Holdings Inc
HAYW
19.00%
Middleby Corp
MIDD
15.69%
Standex International Corporation
SXI
14.16%
Tennant Company
TNC
11.14%