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Hayward Holdings (Hayward Holdings) Property, Plant and Equipment : $160.0 Mil (As of Mar. 2024)


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What is Hayward Holdings Property, Plant and Equipment?

Hayward Holdings's quarterly net PPE declined from Sep. 2023 ($159.5 Mil) to Dec. 2023 ($159.0 Mil) but then increased from Dec. 2023 ($159.0 Mil) to Mar. 2024 ($160.0 Mil).

Hayward Holdings's annual net PPE increased from Dec. 2021 ($146.8 Mil) to Dec. 2022 ($149.8 Mil) and increased from Dec. 2022 ($149.8 Mil) to Dec. 2023 ($159.0 Mil).


Hayward Holdings Property, Plant and Equipment Historical Data

The historical data trend for Hayward Holdings's Property, Plant and Equipment 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 Property, Plant and Equipment Chart

Hayward Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
139.90 142.32 146.75 149.83 158.98

Hayward Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Property, Plant and Equipment 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 Premium Member Only 151.78 155.87 159.53 158.98 159.98

Hayward Holdings Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Hayward Holdings  (NYSE:HAYW) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Hayward Holdings Property, Plant and Equipment Related Terms

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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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