Hayward Holdings Inc (HAYW)

Operating return on assets (Operating ROA)

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 175,222 285,573 317,974
Total assets US$ in thousands 2,946,280 2,875,010 2,978,470
Operating ROA 5.95% 9.93% 10.68%

December 31, 2023 calculation

Operating ROA = Operating income ÷ Total assets
= $175,222K ÷ $2,946,280K
= 5.95%

Hayward Holdings Inc's operating return on assets (operating ROA) has shown a downward trend over the past three years. The operating ROA decreased from 11.18% in 2021 to 10.22% in 2022, and further declined to 6.40% in 2023. This indicates that the company's ability to generate operating income from its assets has weakened over this period. It is essential for management to analyze the factors contributing to this decline and take necessary actions to improve the operational efficiency and profitability of the company.


Peer comparison

Dec 31, 2023