Hayward Holdings Inc. (HAYW) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.24	$0.26	+8.3%	—	$318.4M	—
Q1 26	$0.11	$0.13	+18.2%	—	$255.2M	—
Q4 25	$0.28	$0.29	+3.6%	—	$349.4M	—
Q3 25	$0.12	$0.14	+16.7%	—	$244.3M	—
Q2 25	$0.23	$0.24	+4.3%	—	$299.6M	—
Q1 25	$0.09	$0.1	+11.1%	—	$228.8M	—
Q4 24	$0.24	$0.27	+12.5%	—	$327.1M	—
Q3 24	$0.1	$0.11	+10.0%	—	$227.6M	—
Q2 24	$0.2	$0.21	+5.0%	—	$284.4M	—
Q1 24	$0.08	$0.08	0.0%	—	$212.6M	—
Q4 23	$0.18	$0.2	+11.1%	—	$278.5M	—
Q3 23	$0.08	$0.09	+12.5%	—	$220.3M	—
Q2 23	$0.16	$0.19	+18.8%	—	$283.5M	—
Q1 23	$0.05	$0.07	+40.0%	—	$210.1M	—
Q4 22	$0.12	$0.11	-8.3%	—	$259M	—
Q3 22	$0.12	$0.14	+16.7%	—	$245.3M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.7	—	—	$1.1B	—
FY24	—	$0.55	—	—	$1.1B	—
FY23	—	$0.38	—	—	$992.5M	—
FY22	—	$0.82	—	—	$1.3B	—
FY21	—	$0.49

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$733.4M	$875.4M	$1.4B	$1.3B	$992.5M	$1.1B	$1.1B
YoY change	—	+19.4%	+60.1%	-6.25%	-24.5%	+5.96%	+6.71%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	733.4M	875.4M	1.4B	1.3B	992.5M	1.1B	1.1B
Cost of revenue	409.9M	478.4M	746M	717.1M	515.5M	520.8M	583.5M
Gross profit	323.5M	397M	655.8M	597M	476.9M	530.8M	538.7M
Gross margin	44.1%	45.4%	46.8%	45.4%	48.1%	50.5%	48%
Research & development	19.9M	20M	22.9M	22.4M	24.5M	25.8M	27.2M
Selling, general & administrative	179.4M	195.2M	267.3M	248.8M	233.6M	260.9M	246.9M
Operating expenses	199.3M	215.3M	290.1M	271.2M	258.2M	286.7M	274.1M
Operating income	82.4M	143.9M	333M	293.7M	188.4M	215.3M	237.1M
Operating margin	11.2%	16.4%	23.8%	22.4%	19%	20.5%	21.1%
Non-operating income, net	14.2M	-12.5M	-22M	-8.1M	-13.8M	-8.9M	-2.2M
Pretax income	12.1M	57.8M	260.1M	234.2M	101.1M	144.2M	184.6M
Income tax	3.6M	14.5M	56.4M	54.9M	20.4M	25.5M	33.1M
Net income	8.5M	43.3M	203.7M	179.3M	80.7M	118.7M	151.6M
Net margin	1.16%	4.95%	14.5%	13.6%	8.13%	11.3%	13.5%
EBITDA	144.2M	213.5M	393.3M	348.5M	241M	279.4M	305.5M
EPS	0	0	0.49	0.82	0.38	0.55	0.7
Diluted EPS	0	0	0.49	0.78	0.37	0.54	0.68

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	220.3M	278.5M	212.6M	284.4M	227.6M	327.1M	228.8M	299.6M	244.3M	349.4M	255.2M	318.4M
Cost of revenue	114.9M	141.3M	108M	139.3M	114.5M	159.1M	115.5M	141.8M	119.2M	207M	136.5M	163.3M
Gross profit	105.4M	137.1M	104.6M	145.1M	113.1M	168M	113.4M	157.8M	125.1M	142.3M	118.7M	155.1M
Gross margin	47.8%	49.2%	49.2%	51%	49.7%	51.4%	49.5%	52.7%	51.2%	40.7%	46.5%	48.7%
Research & development	6.2M	5.5M	6.3M	6.1M	6.4M	6.9M	6M	6.1M	7.1M	8M	6.8M	7.7M
Selling, general & administrative	59.5M	61.5M	60M	63.2M	64.5M	73.3M	65.1M	71.9M	69.8M	40.1M	62.6M	64.3M
Operating expenses	65.6M	67.1M	66.3M	69.3M	71M	80.2M	71.1M	78M	76.9M	48M	69.3M	71.9M
Operating income	32.3M	62.5M	31.4M	68.9M	34.6M	80.5M	35.4M	72.9M	41.3M	87.4M	43M	76.7M
Operating margin	14.6%	22.4%	14.8%	24.2%	15.2%	24.6%	15.5%	24.3%	16.9%	25%	16.8%	24.1%
Non-operating income, net	-5.3M	-5.7M	134K	-5.1M	-440K	-3.5M	-3.1M	141K	1.2M	-446K	-1.4M	-505K
Pretax income	9.5M	39.1M	12.9M	46.9M	20.9M	63.4M	18.7M	59.4M	31.2M	75.3M	30.1M	59.3M
Income tax	-2.3M	8.1M	3.1M	9.4M	4.4M	8.7M	4.3M	14.6M	7.2M	6.9M	6.8M	13.6M
Net income	11.8M	31M	9.8M	37.6M	16.5M	54.7M	14.3M	44.8M	24M	68.4M	23.4M	45.6M
Net margin	5.35%	11.1%	4.63%	13.2%	7.25%	16.7%	6.26%	15%	9.83%	19.6%	9.15%	14.3%
EBITDA	45.8M	76M	44.9M	82.8M	52.1M	98.7M	49.7M	90M	60.6M	105.2M	58.5M	93M
EPS	0.06	—	0.05	0.17	0.08	0.25	0.07	0.21	0.11	0.32	0.11	0.21
Diluted EPS	0.05	—	0.04	0.17	0.07	0.25	0.06	0.2	0.11	0.31	0.11	0.21

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	—	2.9B	3.3B	3.3B	2.7B
Enterprise value	—	—	—	—	3.8B	4.1B	3.9B	3.2B
Shares outstanding	231.6M	229.6M	187.7M	219.9M	213.1M	215M	216.6M	216.6M

Valuation

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	35.9	27.7	22.1	17.4
P/S	—	—	—	—	2.92	3.13	2.98	2.28
P/B	—	—	—	—	2.21	2.31	2.1	1.67
EV/EBITDA	—	—	—	—	15.8	14.6	12.8	10.4
EV/Sales	—	—	—	—	3.83	3.87	3.49	2.73
Earnings yield	—	—	—	—	2.78%	3.61%	4.53%	5.75%
FCF yield	—	—	—	—	5.3%	5.71%	6.73%	6.18%
PEG	—	—	—	—	—	—	—	12.9

Profitability

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	44.1%	45.4%	46.8%	45.4%	48.1%	50.5%	48%	48.7%
Operating margin	11.2%	16.4%	23.8%	22.4%	19%	20.5%	21.1%	24.1%
Net margin	1.16%	4.95%	14.5%	13.6%	8.13%	11.3%	13.5%	13.8%
ROE	5.2%	5.39%	14.9%	14.7%	6.15%	8.33%	9.51%	10.4%
ROA	0.33%	1.66%	6.84%	6.24%	2.74%	3.97%	4.81%	5.05%
ROIC	4.59%	5.41%	12.4%	9.87%	6.8%	8.04%	9.01%	9.83%
Return on tangible assets	-0.56%	-2.96%	-19.7%	-15.8%	-8.1%	-12.4%	-20%	-21.5%

Financial health

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.75	1.94	2.47	2.63	3.02	2.45	2.94	3.33
Quick ratio	1.77	1.28	1.7	1.41	2.13	1.76	2.29	2.49
Debt / equity	7	1.62	0.72	0.91	0.84	0.69	0.61	0.63
Debt / assets	0.44	0.5	0.33	0.39	0.37	0.33	0.31	0.31
Net debt / EBITDA	7.63	5.56	1.85	3.03	3.74	2.79	1.86	1.52
Interest coverage	1.14	1.78	6.12	5.83	2.37	3.12	4.09	4.22
Effective tax rate	29.5%	25.1%	21.7%	23.4%	20.2%	17.7%	17.9%	17.6%

Per share

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	3.17	3.81	7.47	5.97	4.66	4.89	5.18	5.38
EPS (basic)	0	0	0.49	0.82	0.38	0.55	0.7	0.7
EPS (diluted)	0	0	0.49	0.78	0.37	0.54	0.68	0.72
Book value per share	0.71	3.5	7.3	5.56	6.15	6.62	7.35	7.48
FCF per share	0.29	0.86	0.86	0.39	0.72	0.87	1.04	0.93
Cash per share	0.2	0.5	1.42	0.26	0.95	0.91	1.84	2.3
Capex per share	0.02	0.06	0.14	0.13	0.14	0.11	—	—

Capital allocation

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.48%	1.57%	1.87%	2.25%	3.06%	2.28%	—	—
Capex / operating cash flow	3.65%	8.67%	24.6%	23.3%	16.6%	16.4%	—	—
Payout ratio	4.88%	635.6%	0.02%	0%	—	—	—	0%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	47.2M	114.9M	265.8M	56.2M	203.1M	196.6M	399.1M
Receivables	184.9M	140.2M	208.1M	209.1M	270.9M	278.6M	280.2M
Inventory	137.1M	145.3M	233.4M	283.7M	215.2M	216.5M	210.7M
Total current assets	385.8M	424.4M	750.5M	612.3M	724.7M	767M	951.2M
Property, plant & equipment	100.5M	93.4M	101.3M	102.5M	111.5M	111M	110.5M
Goodwill & intangibles	4.1B	4.1B	4B	4B	3.9B	3.9B	3.9B
Total assets	2.6B	2.6B	3B	2.9B	2.9B	3B	3.2B
Accounts payable	53.4M	69.6M	87.4M	54M	68.9M	81.5M	77M
Short-term debt	400K	2.8M	19.7M	26.3M	25.2M	24.8M	23.3M
Total current liabilities	140.4M	218.7M	303.9M	232.4M	239.7M	313M	323.2M
Long-term debt	1.1B	1.3B	973.1M	1.1B	1.1B	950.6M	943.5M
Total liabilities	2.4B	1.8B	1.6B	1.7B	1.6B	1.6B	1.6B
Shareholders' equity	164M	803.8M	1.4B	1.2B	1.3B	1.4B	1.6B
Total debt	1.1B	1.3B	992.8M	1.1B	1.1B	975.4M	966.9M
Net debt	1.1B	1.2B	727M	1.1B	926.4M	778.8M	637.2M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	244.2M	203.1M	115.9M	215.1M	274.2M	196.6M	181.3M	365.1M	448.3M	399.1M	230.7M	483.4M
Receivables	125.5M	270.9M	351.3M	148.2M	99.9M	278.6M	293.8M	169.8M	116.1M	280.2M	430.9M	158.5M
Inventory	221.4M	215.2M	220.9M	213.6M	229.4M	216.5M	233.2M	228.3M	229.9M	210.7M	229M	234.7M
Total current assets	642.9M	724.7M	720.6M	610.2M	649.6M	767M	773.5M	830.7M	835.8M	951.2M	948.3M	932.8M
Property, plant & equipment	-92.2M	111.5M	-99.5M	-103.9M	-108.7M	111M	-118.4M	-118.2M	-121.8M	110.5M	-130.6M	-135M
Goodwill & intangibles	4B	3.9B	3.9B	4B	4B	3.9B	3.9B	3.9B	3.9B	3.9B	3.9B	3.9B
Total assets	2.9B	2.9B	2.9B	2.9B	2.9B	3B	3B	3B	3B	3.2B	3.1B	3.1B
Accounts payable	47.6M	68.9M	75.9M	69.4M	73.6M	81.5M	95.4M	74.5M	68.8M	77M	86.1M	92.2M
Short-term debt	26.6M	25.2M	24.2M	28.4M	27.1M	24.8M	22.9M	22.5M	23.2M	23.3M	20.5M	19.6M
Total current liabilities	197.9M	239.7M	214M	235.4M	248.2M	313M	294.4M	292.7M	262.5M	323.2M	290.8M	280.3M
Long-term debt	1.1B	1.1B	1.1B	959.8M	959.9M	950.6M	950.4M	949.1M	947.7M	943.5M	942.8M	945.6M
Total liabilities	1.6B	1.6B	1.6B	1.5B	1.5B	1.6B	1.5B	1.5B	1.5B	1.6B	1.5B	1.5B
Shareholders' equity	1.3B	1.3B	1.3B	1.4B	1.4B	1.4B	1.4B	1.5B	1.5B	1.6B	1.6B	1.6B
Total debt	1.1B	1.1B	1.1B	988.3M	987M	975.4M	973.3M	971.6M	971M	966.9M	963.3M	965.2M
Net debt	862.6M	926.4M	986.6M	773.2M	712.8M	778.8M	791.9M	606.5M	542.3M	637.2M	827.5M	661.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	8.5M	43.3M	203.7M	179.3M	80.7M	118.7M	151.6M
Depreciation & amortization	63.9M	62.8M	57.8M	57.6M	53.1M	55.9M	57.3M
Stock-based compensation	1.6M	1.9M	15M	7.9M	9.2M	10.6M	13.4M
Change in working capital	33.1M	45.5M	-158.6M	-115.5M	48.5M	-32.3M	17.3M
Operating cash flow	95.8M	158.7M	106.7M	127.4M	183.3M	146.5M	256M
Capital expenditure	3.5M	-13.8M	-26.2M	-29.6M	-30.4M	-24M	—
Investing cash flow	5.7M	-11.7M	-47.9M	-92.6M	-55.4M	-54.1M	-73.1M
Dividends paid	-416K	-275.2M	-41K	0	—	—	—
Share repurchases	-1M	-2.5M	-9.5M	-343.3M	-340K	-378K	-5M
Financing cash flow	-102.1M	-135.1M	10.9M	-234.3M	-14.5M	-143.3M	-23M
Net change in cash	-610K	11.9M	69.7M	-199.5M	113.4M	-50.9M	159.9M
Free cash flow	67.3M	198.3M	162.3M	86.3M	153.5M	187.8M	225.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	11.8M	31M	9.8M	37.6M	16.5M	54.7M	14.3M	44.8M	24M	68.4M	23.4M	45.6M
Depreciation & amortization	13.7M	12.2M	12.9M	13.3M	14.1M	15.6M	14.8M	13.9M	14.2M	14.5M	14.1M	14.2M
Stock-based compensation	2.6M	2.5M	2M	2.6M	2.7M	3.3M	2.9M	3.4M	3.5M	3.6M	3.6M	4M
Change in working capital	21.3M	-101.7M	-71.7M	209.9M	27.7M	-198.2M	-7.5M	113.5M	70.6M	-159.3M	-155.1M	272.7M
Operating cash flow	46.3M	-61.5M	-47M	259M	60.2M	-125.7M	24.7M	174.3M	94.6M	-26.9M	-150.6M	322.2M
Capital expenditure	-6.9M	-7.8M	-5.9M	-4.8M	-7.6M	-6.7M	-5.5M	-6.9M	—	—	—	—
Investing cash flow	-6.9M	-7.8M	19.1M	-4.8M	-6.9M	-254K	-5.5M	-6.9M	-19.6M	-49.8M	-24.9M	-84M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-213K	-118K	—	—	—	—	-993K	-1.1M	-1.1M	-3.9M	-5.9M	-58.5M
Financing cash flow	-13.5M	-4.1M	-4.8M	-121.7M	-131.5M	114.7M	-5.5M	-4.7M	-1.8M	-9.9M	-11M	-414.9M
Net change in cash	25.9M	-73.4M	-32.6M	132.5M	-78.1M	-11.2M	13.7M	162.7M	73.2M	-86.7M	-186.5M	-176.6M
Free cash flow	43.5M	-40.8M	-83.1M	282.3M	59.1M	-70.4M	-12M	186.7M	86.8M	-36.2M	-157.9M	311.6M

Hayward Holdings Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement