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Hayward Holdings (Hayward Holdings) Gross Margin % : 49.25% (As of Dec. 2023)


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What is Hayward Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hayward Holdings's Gross Profit for the three months ended in Dec. 2023 was $137.1 Mil. Hayward Holdings's Revenue for the three months ended in Dec. 2023 was $278.5 Mil. Therefore, Hayward Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 49.25%.


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

HAYW' s Gross Margin % Range Over the Past 10 Years
Min: 44.11   Med: 45.43   Max: 48.06
Current: 48.06


During the past 5 years, the highest Gross Margin % of Hayward Holdings was 48.06%. The lowest was 44.11%. And the median was 45.43%.

HAYW's Gross Margin % is ranked better than
89.64% of 2934 companies
in the Industrial Products industry
Industry Median: 26.345 vs HAYW: 48.06

Hayward Holdings had a gross margin of 49.25% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hayward Holdings was 0.00% per year.


Hayward Holdings Gross Margin % Historical Data

The historical data trend for Hayward Holdings's Gross Margin % 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 Gross Margin % Chart

Hayward Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
44.11 45.35 46.78 45.43 48.06

Hayward Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 42.28 46.58 48.14 47.85 49.25

Competitive Comparison of Hayward Holdings's Gross Margin %

For the Electrical Equipment & Parts subindustry, Hayward Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution in the Industrial Products Industry

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

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



Hayward Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Hayward Holdings's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=477 / 992.452
=(Revenue - Cost of Goods Sold) / Revenue
=(992.452 - 515.502) / 992.452
=48.06 %

Hayward Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=137.1 / 278.469
=(Revenue - Cost of Goods Sold) / Revenue
=(278.469 - 141.331) / 278.469
=49.25 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Hayward Holdings  (NYSE:HAYW) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Hayward Holdings had a gross margin of 49.25% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Hayward Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of Hayward Holdings's Gross Margin % 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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