Hayward Holdings Inc (HAYW)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 144,182 | 101,087 | 234,237 | 260,141 | 57,800 |
| Revenue | US$ in thousands | 1,051,610 | 992,452 | 1,314,140 | 1,401,790 | 875,400 |
| Pretax margin | 13.71% | 10.19% | 17.82% | 18.56% | 6.60% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $144,182K ÷ $1,051,610K
= 13.71%
Based on the provided data, Hayward Holdings Inc's pretax margin has shown fluctuating trends over the past five years. The pretax margin was 6.60% as of December 31, 2020, indicating a relatively modest profitability before taxes. However, there was a significant improvement in profitability in the following year, with the pretax margin increasing to 18.56% as of December 31, 2021.
Subsequently, the pretax margin decreased slightly to 17.82% by the end of December 31, 2022, still remaining at a relatively healthy level. However, there was a notable decline in profitability as of December 31, 2023, with the pretax margin dropping to 10.19%. This decrease may suggest challenges or changes in the company's operations impacting its profitability.
In the most recent year, as of December 31, 2024, the pretax margin improved to 13.71%, although it has not returned to the high levels seen in 2021 and 2022. Overall, Hayward Holdings Inc's pretax margin has shown variability, signaling the importance of monitoring and analyzing the factors influencing the company's profitability to make informed decisions regarding its financial performance.
Peer comparison
Dec 31, 2024