Hayward Holdings Inc (HAYW)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 80,687 | 65,619 | 76,918 | 113,725 | 179,347 | 227,100 | 254,334 | 240,890 | 203,725 | |||
| Total stockholders’ equity | US$ in thousands | 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 | 1,264,000 | 1,206,660 |
| ROE | 6.15% | 5.13% | 6.06% | 9.25% | 14.66% | 18.98% | 20.82% | 17.55% | 14.88% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $80,687K ÷ $1,311,460K
= 6.15%
Hayward Holdings Inc's return on equity (ROE) has exhibited a decreasing trend throughout the past eight quarters. The company's ROE was at its highest in Q2 2022 at 20.83% and has since experienced a consistent decline. In Q4 2023, the ROE stood at 6.15%, reflecting a significant decrease compared to previous quarters. This downward trend could indicate challenges in generating profit relative to the shareholders' equity invested in the company. Further investigation into the factors impacting profitability and efficiency is warranted to address the declining ROE and to enhance shareholder value.
Peer comparison
Dec 31, 2023