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.
Peer comparison
Mar 31, 2025
Company name
Symbol
Gross profit margin
Hawkins Inc
HWKN
23.15%
Ashland Global Holdings Inc
ASH
29.25%