Hawkins Inc (HWKN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 104,036 | 102,435 | 99,228 | 92,773 | 88,150 | 84,876 | 83,868 | 76,940 | 71,194 | 68,860 | 65,090 | 62,058 | 55,878 | 50,760 | 47,047 | 43,648 | 41,671 | 39,702 | 39,647 | 37,301 |
| 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 |
| Operating profit margin | 11.32% | 11.08% | 10.61% | 9.87% | 9.43% | 9.13% | 9.34% | 9.16% | 9.19% | 9.64% | 9.71% | 9.77% | 9.36% | 8.96% | 8.65% | 8.14% | 7.71% | 7.34% | 7.23% | 6.73% |
March 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $104,036K ÷ $919,162K
= 11.32%
Hawkins Inc's operating profit margin has shown a fluctuating trend over the past several quarters. The margin has generally been above 9%, indicating a healthy level of profitability. In the most recent quarter, ending March 31, 2024, the operating profit margin improved to 11.32%, which is the highest in the provided data series. This suggests that the company has been effectively managing its operating expenses relative to its revenue.
Looking at the trend, the operating profit margin has been gradually increasing from a low of 6.73% in June 2019 to the current level of 11.32% in March 2024. This improvement indicates that Hawkins Inc has been able to enhance its operational efficiency and optimize its cost structure over time.
It is important for the company to sustain or further improve its operating profit margin to ensure long-term profitability and financial sustainability. Monitoring expenses closely and focusing on revenue growth strategies can help Hawkins Inc maintain its profitability levels in the future.
Peer comparison
Mar 31, 2024