Hawkins Inc (HWKN)
Gross profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 225,538 | 193,636 | 165,119 | 146,520 | 123,762 |
| Revenue | US$ in thousands | 974,431 | 919,162 | 935,098 | 774,541 | 596,871 |
| Gross profit margin | 23.15% | 21.07% | 17.66% | 18.92% | 20.74% |
March 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $225,538K ÷ $974,431K
= 23.15%
The gross profit margin of Hawkins Inc has shown fluctuation over the past five years. Starting at 20.74% on March 31, 2021, the margin decreased to 18.92% by March 31, 2022, and further declined to 17.66% by March 31, 2023. However, the trend reversed in the following years, with the gross profit margin improving to 21.07% by March 31, 2024, and notably increasing to 23.15% by March 31, 2025. This positive uptrend in the gross profit margin suggests an enhancement in the company's efficiency in generating profits from its core business activities.