Hawkins Inc (HWKN)
Net profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 75,363 | 60,041 | 51,542 | 40,980 | 28,367 |
| Revenue | US$ in thousands | 919,162 | 935,098 | 774,541 | 596,871 | 540,198 |
| Net profit margin | 8.20% | 6.42% | 6.65% | 6.87% | 5.25% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $75,363K ÷ $919,162K
= 8.20%
Hawkins Inc's net profit margin has shown a fluctuating trend over the past five years. The margin increased from 5.25% in 2020 to 6.87% in 2021, but then slightly decreased to 6.65% in 2022. However, there was a noticeable improvement in profitability in 2023 with a net profit margin of 6.42%. The most recent data for March 31, 2024, indicates a further increase to 8.20%, reflecting a strong performance in generating net income relative to revenue. Overall, the company has demonstrated the ability to effectively manage costs and improve profitability over the years.
Peer comparison
Mar 31, 2024