Hawkins Inc (HWKN)
Profitability ratios
Return on sales
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 21.07% | 17.66% | 18.92% | 20.74% | 18.68% |
| Operating profit margin | 11.32% | 9.43% | 9.19% | 9.36% | 7.71% |
| Pretax margin | 11.00% | 8.83% | 9.03% | 9.36% | 7.21% |
| Net profit margin | 8.20% | 6.42% | 6.65% | 6.87% | 5.25% |
Hawkins Inc's profitability ratios have shown a positive trend over the past five years. The gross profit margin has improved steadily from 18.68% in 2020 to 21.07% in 2024, indicating the company's ability to control production costs and generate higher profits from its sales.
Similarly, the operating profit margin has shown a consistent increase from 7.71% in 2020 to 11.32% in 2024, reflecting effective cost management and operational efficiency in the company's core business activities. This implies that Hawkins Inc is efficiently converting its revenue into operating profit.
The pretax margin has also shown a positive trend, increasing from 7.21% in 2020 to 11.00% in 2024. This indicates that the company is effectively managing its tax obligations and generating higher profits before taxes.
Furthermore, the net profit margin has also improved over the five-year period, rising from 5.25% in 2020 to 8.20% in 2024. This indicates that Hawkins Inc is effectively managing its expenses, including taxes and interest payments, to generate higher net profits relative to its revenue.
Overall, the profitability ratios of Hawkins Inc demonstrate a positive trend, reflecting the company's ability to efficiently manage costs, generate profits, and improve its overall financial performance over the past five years.
Return on investment
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 15.81% | 14.93% | 12.55% | 11.82% | 10.70% |
| Return on assets (ROA) | 11.45% | 10.17% | 9.09% | 8.67% | 7.29% |
| Return on total capital | 21.02% | 19.51% | 17.02% | 15.78% | 14.71% |
| Return on equity (ROE) | 18.56% | 17.15% | 17.03% | 15.45% | 12.15% |
Hawkins Inc has demonstrated consistent improvement in its profitability ratios over the past five years.
The Operating return on assets (Operating ROA) increased from 10.70% in 2020 to 15.81% in 2024, indicating the company's ability to generate operating income from its assets more efficiently. This suggests that Hawkins Inc has been managing its assets effectively to generate operating profits.
Return on assets (ROA) also showed a positive trend, increasing from 7.29% in 2020 to 11.45% in 2024. This indicates an improvement in overall profitability compared to the total assets employed by the company.
Return on total capital has consistently increased over the years, reaching 21.02% in 2024 from 14.71% in 2020. This ratio reflects the company's ability to generate profits from both equity and debt capital invested in the business.
Return on equity (ROE) has also demonstrated a significant increase, from 12.15% in 2020 to 18.56% in 2024. This indicates the company's ability to generate profit for its shareholders from the equity invested in the business.
Overall, the increasing trend in profitability ratios suggests that Hawkins Inc is effectively utilizing its assets and capital to generate higher returns, which is a positive sign for the company's financial performance.