Hayward Holdings Inc (HAYW)
Return on equity (ROE)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 118,655 | 94,958 | 90,245 | 82,117 | 80,687 | 65,619 | 76,918 | 113,725 | 179,347 | 227,100 | 254,334 | 240,874 | 203,742 | 159,818 | 124,695 | 90,595 | 43,295 | 25,623 | 12,550 | -4,025 |
Total stockholders’ equity | US$ in thousands | 1,423,650 | 1,373,160 | 1,357,400 | 1,320,490 | 1,311,460 | 1,280,330 | 1,269,820 | 1,230,120 | 1,223,030 | 1,196,260 | 1,221,620 | 1,372,920 | 1,369,510 | 1,302,300 | 1,263,900 | 1,206,700 | 209,200 | — | — | 164,000 |
ROE | 8.33% | 6.92% | 6.65% | 6.22% | 6.15% | 5.13% | 6.06% | 9.25% | 14.66% | 18.98% | 20.82% | 17.54% | 14.88% | 12.27% | 9.87% | 7.51% | 20.70% | — | — | -2.45% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $118,655K ÷ $1,423,650K
= 8.33%
Hayward Holdings Inc's return on equity (ROE) has shown fluctuations over the past few years. It started with a negative ROE of -2.45% as of March 31, 2020. Subsequently, the ROE for June 30, 2020, and September 30, 2020, was not reported (indicated as "—"). However, the ROE improved significantly to 20.70% by December 31, 2020.
From March 31, 2021, to June 30, 2022, the ROE continued to increase steadily, reaching its peak at 20.82% by June 30, 2022. Thereafter, the ROE started to decline gradually, with some fluctuations, but remained relatively stable in the range of 6%-9% from June 2023 to September 2024.
As of December 31, 2024, Hayward Holdings Inc's ROE stood at 8.33%. Overall, the company's ROE performance indicates a fluctuating trend with periods of both growth and decline. The management may need to analyze the factors contributing to these fluctuations to sustain and enhance the company's profitability and efficiency in utilizing shareholder equity.
Peer comparison
Dec 31, 2024