Hawkins Inc (HWKN)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 406,026 | 350,016 | 302,601 | 265,246 | 233,484 |
| ROE | 18.56% | 17.15% | 17.03% | 15.45% | 12.15% |
March 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $75,363K ÷ $406,026K
= 18.56%
Hawkins Inc's return on equity (ROE) has exhibited a positive trend over the past five years, indicating an improving performance in generating profits from shareholders' equity. The ROE increased from 12.15% in 2020 to 18.56% in 2024, reflecting enhanced efficiency in utilizing equity to generate earnings.
The consistent upward trend in ROE signifies that Hawkins Inc has been effectively leveraging its equity capital to generate profits for its shareholders. This improvement indicates sound financial management and operational performance, translating into increased shareholder value over the years.
The company's ability to maintain and increase its ROE demonstrates effective capital allocation and operational efficiency, which are essential factors for sustainable growth and profitability. Overall, the trend in Hawkins Inc's ROE suggests strong performance and a positive outlook for the company in terms of generating returns for its equity investors.
Peer comparison
Mar 31, 2024