Hayward Holdings Inc (HAYW)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 118,655 | 80,687 | 179,347 | 203,725 | 43,302 |
| Total stockholders’ equity | US$ in thousands | 1,423,650 | 1,311,460 | 1,223,030 | 1,369,510 | 209,200 |
| ROE | 8.33% | 6.15% | 14.66% | 14.88% | 20.70% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $118,655K ÷ $1,423,650K
= 8.33%
Hayward Holdings Inc's return on equity (ROE) has experienced a downward trend over the past few years. The ROE was 20.70% as of December 31, 2020, which indicates that the company generated a 20.70% return for every dollar of shareholders' equity. However, by December 31, 2024, the ROE had decreased to 8.33%.
The declining trend in ROE may suggest that Hayward Holdings Inc's profitability and efficiency in generating returns from shareholders' equity have weakened over time. A decreasing ROE could be a cause for concern for investors, as it may indicate challenges in effectively utilizing the company's equity to generate profits.
Further analysis is recommended to identify the factors contributing to the decrease in ROE and to develop strategies to improve the company's performance and return on equity in the future.
Peer comparison
Dec 31, 2024