Hawkins Inc (HWKN)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 193,636 | 183,850 | 177,873 | 170,361 | 165,119 | 165,713 | 163,382 | 154,295 | 146,520 | 141,951 | 136,250 | 131,760 | 123,762 | 114,660 | 107,899 | 103,096 | 100,917 | 98,943 | 98,498 | 96,276 |
| Revenue (ttm) | US$ in thousands | 919,162 | 924,287 | 935,009 | 939,675 | 935,098 | 929,926 | 897,758 | 839,843 | 774,541 | 714,539 | 670,416 | 634,940 | 596,871 | 566,313 | 543,792 | 536,034 | 540,198 | 540,836 | 548,581 | 553,862 |
| Gross profit margin | 21.07% | 19.89% | 19.02% | 18.13% | 17.66% | 17.82% | 18.20% | 18.37% | 18.92% | 19.87% | 20.32% | 20.75% | 20.74% | 20.25% | 19.84% | 19.23% | 18.68% | 18.29% | 17.96% | 17.38% |
March 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $193,636K ÷ $919,162K
= 21.07%
The gross profit margin for Hawkins Inc has shown a fluctuating trend over the past few quarters. The margin increased from 17.38% in June 2019 to a peak of 21.07% in March 2024, indicating an improving profitability in the most recent quarter. However, it's important to note that the margin has been somewhat volatile, with fluctuations observed in various periods.
Overall, the company's ability to generate profits from its core operations, as reflected by the gross profit margin, has shown some positive momentum in recent quarters. It would be important to continue monitoring this metric to assess the company's operational efficiency and profitability over time.
Peer comparison
Mar 31, 2024