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Hayward Holdings (Hayward Holdings) ROE % : 9.58% (As of Dec. 2023)


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What is Hayward Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hayward Holdings's annualized net income for the quarter that ended in Dec. 2023 was $124.1 Mil. Hayward Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,295.9 Mil. Therefore, Hayward Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 9.58%.

The historical rank and industry rank for Hayward Holdings's ROE % or its related term are showing as below:

HAYW' s ROE % Range Over the Past 10 Years
Min: 5.2   Med: 8.95   Max: 18.75
Current: 6.39

During the past 5 years, Hayward Holdings's highest ROE % was 18.75%. The lowest was 5.20%. And the median was 8.95%.

HAYW's ROE % is ranked worse than
52.22% of 2953 companies
in the Industrial Products industry
Industry Median: 6.9 vs HAYW: 6.39

Hayward Holdings ROE % Historical Data

The historical data trend for Hayward Holdings's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hayward Holdings ROE % Chart

Hayward Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
5.20 8.95 18.75 13.84 6.37

Hayward Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.28 2.74 9.43 3.70 9.58

Competitive Comparison of Hayward Holdings's ROE %

For the Electrical Equipment & Parts subindustry, Hayward Holdings's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hayward Holdings's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hayward Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Hayward Holdings's ROE % falls into.



Hayward Holdings ROE % Calculation

Hayward Holdings's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=80.687/( (1223.034+1311.458)/ 2 )
=80.687/1267.246
=6.37 %

Hayward Holdings's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=124.144/( (1280.334+1311.458)/ 2 )
=124.144/1295.896
=9.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Hayward Holdings  (NYSE:HAYW) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=124.144/1295.896
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(124.144 / 1113.876)*(1113.876 / 2914.683)*(2914.683 / 1295.896)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.15 %*0.3822*2.2492
=ROA %*Equity Multiplier
=4.26 %*2.2492
=9.58 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=124.144/1295.896
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (124.144 / 156.372) * (156.372 / 249.936) * (249.936 / 1113.876) * (1113.876 / 2914.683) * (2914.683 / 1295.896)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7939 * 0.6256 * 22.44 % * 0.3822 * 2.2492
=9.58 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Hayward Holdings ROE % Related Terms

Thank you for viewing the detailed overview of Hayward Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hayward Holdings (Hayward Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1415 Vantage Park Drive, Suite 400, Charlotte, NC, USA, 28203
Hayward Holdings is a leading manufacturer of energy-efficient swimming pool equipment and pool automation systems. The company offers a wide range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization. Headquartered in Charlotte, North Carolina, the company has around 2,000 full-time employees. Hayward generated approximately $1.3 billion in revenue in 2022.
Executives
Fernando Blasco officer: VP&GM, Europe & Rest of World 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Eifion Jones officer: Senior VP and CFO 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Kevin Holleran officer: President and CEO 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Arthur L Soucy director 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Ccmp Capital, Lp 10 percent owner 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Alberta Investment Management Corp 10 percent owner 1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
John Alec Collins officer: SVP Chief Supply Chain Officer 1415 VANTAGE PARK DRIVE, SUITE 400, CHARLOTTE NC 28203
Lesley Billow officer: SVP, Chief HR Officer 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Edward D Ward director 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Billy Emory officer: VP, Chief Accounting Officer 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Susan M. Canning officer: SVP, CLO, Corporate Secretary C/O GNC HOLDINGS, INC., 300 SIXTH AVENUE, PITTSBURGH PA 15222
Rick Roetken officer: President, North America 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Donald Matthew Smith officer: SVP & Chief Supply Chain Offi. 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Msd Partners, L.p. director, 10 percent owner ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Lori A Walker director

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