Hayward Holdings Inc (HAYW)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 101,087 | 84,884 | 101,991 | 146,110 | 234,237 | 289,412 | 327,433 | 305,462 | 260,141 |
| 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 |
| Pretax margin | 10.96% | 9.19% | 10.76% | 13.73% | 18.54% | 21.31% | 22.37% | 21.44% | 19.38% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $101,087K ÷ $922,271K
= 10.96%
Hayward Holdings Inc's pretax margin has shown a decreasing trend over the past several quarters. In Q4 2023, the pretax margin was 10.19%, down from 13.12% in Q1 2023. This decline indicates a potential inefficiency in managing costs or generating revenue. Compared to the same quarter in the previous year, Q4 2022, there has been a significant reduction in pretax margin, dropping from 17.82% to 10.19%. This could suggest challenges in profitability or possibly increased operating expenses. Further analysis of the company's cost structure and revenue streams may be necessary to identify the specific factors contributing to this downward trend in pretax margin.
Peer comparison
Dec 31, 2023