Hawkins Inc (HWKN)
Operating profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 104,036 | 88,150 | 71,194 | 55,878 | 41,671 |
| Revenue | US$ in thousands | 919,162 | 935,098 | 774,541 | 596,871 | 540,198 |
| Operating profit margin | 11.32% | 9.43% | 9.19% | 9.36% | 7.71% |
March 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $104,036K ÷ $919,162K
= 11.32%
Hawkins Inc's operating profit margin has shown a generally positive trend over the past five years, reflecting the efficiency of the company in generating profits from its core business operations. The margin has increased from 7.71% in 2020 to 11.32% in 2024, indicating an improvement in the company's ability to control costs and manage its operational efficiency.
While there was a slight dip in the operating profit margin in 2023 compared to 2022, the overall trend has been upward. This suggests that Hawkins Inc has been able to strengthen its profitability and optimize its operating income relative to its revenue.
The average operating profit margin over the past five years is 9.40%, indicating a consistent performance in terms of generating profits from operations. This stability can be seen as a positive sign of the company's ability to maintain healthy margins over time.
Peer comparison
Mar 31, 2024