NYSE : HAYW
Hayward Holdings, Inc. — Financial statements
Industrials · Electrical Equipment & Parts · United States
Last price 16.12 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 3.36B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Hayward Holdings, Inc. (HAYW) reported revenue of 1.18B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.18B | 1.12B | 1.05B | 992.45M | 1.31B | 1.40B |
| Cost of Revenue | 615.42M | 583.47M | 561.33M | 563.01M | 717.10M | 746.01M |
| Gross Profit | 567.68M | 538.69M | 490.28M | 429.44M | 597.03M | 655.78M |
| Selling, General & Admin | 256.13M | 246.89M | 217.15M | 186.10M | 243.31M | 267.26M |
| Research & Development | 31.03M | 27.20M | 25.78M | 24.55M | 22.36M | 22.87M |
| Amortization of Goodwill & Intangibles | 25.96M | 27.46M | 28.80M | 30.36M | 32.13M | 32.65M |
| Operating Expenses | 313.11M | 301.55M | 271.73M | 241.01M | 297.80M | 322.78M |
| Operating Income | 254.57M | 237.14M | 218.55M | 188.44M | 299.24M | 333.00M |
| Interest Expense | -61.24M | -63.45M | -72.22M | -80.67M | -51.74M | -50.89M |
| Interest & Investment Income | 13.17M | 13.17M | 10.06M | 7.08M | 356.00K | 38.00K |
| Currency Exchange Gain (Loss) | 6.70M | 3.00M | 3.20M | |||
| Other Non Operating Income (Expenses) | -6.75M | -1.33M | -716.00K | -551.00K | 51.00K | 2.44M |
| EBT Excluding Unusual Items | 206.44M | 188.52M | 158.87M | 114.30M | 247.90M | 284.59M |
| Merger & Restructuring Charges | -1.38M | -3.89M | -9.76M | -13.21M | -8.16M | -15.03M |
| Asset Writedown | -5.50M | |||||
| Other Unusual Items | -2.04M | -4.93M | -9.42M | |||
| Pretax Income | 205.83M | 184.64M | 144.18M | 101.09M | 234.24M | 260.14M |
| Income Tax Expense | 36.02M | 33.07M | 25.53M | 20.40M | 54.89M | 56.42M |
| Net Income | 169.81M | 151.57M | 118.66M | 80.69M | 179.35M | 203.72M |
| Preferred Dividends & Other Adjustments | 106.22M | |||||
| Net Income to Common | 169.81M | 151.57M | 118.66M | 80.69M | 179.35M | 97.50M |
| Shares Outstanding (Basic) | 215.76M | 216.59M | 215.03M | 213.14M | 219.95M | 187.69M |
| Shares Outstanding (Diluted) | 220.59M | 222.23M | 221.37M | 220.69M | 229.73M | 200.57M |
| EPS (Basic) | 0.79 | 0.70 | 0.55 | 0.38 | 0.82 | 0.52 |
| EPS (Diluted) | 0.77 | 0.68 | 0.54 | 0.37 | 0.78 | 0.49 |
| Free Cash Flow | 157.63M | 223.68M | 189.70M | 155.59M | 86.32M | 163.16M |
| Free Cash Flow Per Share | 0.71 | 1.01 | 0.86 | 0.70 | 0.38 | 0.81 |
| Gross Margin | 47.98% | 48.00% | 46.62% | 43.27% | 45.43% | 46.78% |
| Operating Margin | 21.52% | 21.13% | 20.78% | 18.99% | 22.77% | 23.76% |
| Profit Margin | 14.35% | 13.51% | 11.28% | 8.13% | 13.65% | 6.96% |
| Free Cash Flow Margin | 13.32% | 19.93% | 18.04% | 15.68% | 6.57% | 11.64% |
| EBITDA | 311.61M | 294.42M | 274.41M | 241.50M | 356.87M | 390.82M |
| EBITDA Margin | 26.34% | 26.24% | 26.10% | 24.33% | 27.16% | 27.88% |
| D&A For EBITDA | 57.03M | 57.29M | 55.86M | 53.06M | 57.64M | 57.82M |
| EBIT | 254.57M | 237.14M | 218.55M | 188.44M | 299.24M | 333.00M |
| EBIT Margin | 21.52% | 21.13% | 20.78% | 18.99% | 22.77% | 23.76% |
| Effective Tax Rate | 17.50% | 17.91% | 17.71% | 20.18% | 23.43% | 21.69% |
| Advertising Expenses | 8.90M | 9.60M | 9.00M | 9.80M | 7.20M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 236.25M | 329.65M | 196.59M | 178.10M | 56.18M | 265.80M |
| Short-Term Investments | 239.19M | 69.46M | 25.00M | |||
| Trading Asset Securities | 2.84M | 1.08M | ||||
| Cash & Short-Term Investments | 478.28M | 399.11M | 197.67M | 203.10M | 56.18M | 265.80M |
| Accounts Receivable | 138.94M | 280.16M | 278.58M | 270.88M | 209.11M | 208.11M |
| Other Receivables | 656.00K | 6.43M | 9.99M | 27.17M | ||
| Receivables | 138.94M | 280.82M | 285.01M | 280.87M | 236.28M | 208.11M |
| Inventory | 245.49M | 210.74M | 216.47M | 215.18M | 283.66M | 233.45M |
| Prepaid Expenses | 16.83M | 19.50M | 20.20M | 14.33M | 14.98M | 12.46M |
| Other Current Assets | 28.75M | 41.08M | 47.61M | 11.26M | 21.19M | 30.70M |
| Total Current Assets | 908.30M | 951.25M | 766.97M | 724.74M | 612.28M | 750.52M |
| Property, Plant & Equipment | 227.66M | 218.80M | 216.19M | 217.62M | 215.32M | 210.37M |
| Long-Term Investments | 4.67M | 4.68M | 16.64M | 21.40M | 31.68M | |
| Goodwill | 948.47M | 951.20M | 943.64M | 935.01M | 932.40M | 924.26M |
| Other Intangible Assets | 978.85M | 1.00B | 1.03B | 1.04B | 1.07B | 1.08B |
| Other Long-Term Assets | 28.65M | 22.03M | 16.76M | 11.12M | 10.16M | 11.27M |
| Total Assets | 3.10B | 3.15B | 2.99B | 2.95B | 2.88B | 2.98B |
| Accounts Payable | 89.27M | 93.32M | 105.48M | 89.73M | 78.18M | 106.05M |
| Accrued Expenses | 132.81M | 167.85M | 155.86M | 96.77M | 98.16M | 130.58M |
| Short-Term Debt | 2.29M | 3.06M | ||||
| Current Portion of Long-Term Debt | 9.81M | 12.42M | 12.24M | 12.97M | 12.32M | 10.00M |
| Current Portion of Leases | 9.90M | 10.89M | 10.43M | 9.95M | 10.96M | 9.70M |
| Current Income Taxes Payable | 4.28M | 8.75M | 273.00K | 109.00K | 574.00K | 13.89M |
| Current Unearned Revenue | 2.56M | 3.21M | 3.40M | 4.02M | 7.18M | 8.07M |
| Other Current Liabilities | 24.38M | 26.80M | 25.31M | 23.84M | 21.99M | 25.57M |
| Total Current Liabilities | 273.01M | 323.24M | 312.98M | 239.68M | 232.41M | 303.86M |
| Long-Term Debt | 942.87M | 940.93M | 949.96M | 1.08B | 1.08B | 967.50M |
| Long-Term Leases | 51.88M | 54.15M | 55.46M | 61.25M | 69.32M | 67.19M |
| Long-Term Deferred Tax Liabilities | 225.64M | 227.45M | 239.11M | 248.97M | 264.11M | 262.38M |
| Other Long-Term Liabilities | 15.09M | 12.21M | 9.46M | 7.81M | 5.60M | 8.03M |
| Total Liabilities | 1.51B | 1.56B | 1.57B | 1.63B | 1.65B | 1.61B |
| Common Stock | 248.00K | 247.00K | 245.00K | 243.00K | 241.00K | 238.00K |
| Additional Paid-In Capital | 1.12B | 1.11B | 1.09B | 1.08B | 1.07B | 1.06B |
| Retained Earnings | 952.53M | 851.13M | 699.56M | 580.91M | 500.22M | 320.88M |
| Treasury Stock | -481.18M | -363.18M | -358.13M | -357.75M | -357.42M | -14.07M |
| Comprehensive Income & Other | -6.73M | -4.71M | -11.50M | 7.17M | 10.11M | 3.74M |
| Shareholders' Equity | 1.59B | 1.59B | 1.42B | 1.31B | 1.22B | 1.37B |
| Total Liabilities & Equity | 3.10B | 3.15B | 2.99B | 2.95B | 2.88B | 2.98B |
| Total Debt | 1.01B | 1.02B | 1.03B | 1.16B | 1.18B | 1.05B |
| Net Cash (Debt) | -536.18M | -619.28M | -830.41M | -960.48M | -1.12B | -788.59M |
| Net Cash Per Share | -2.43 | -2.79 | -3.75 | -4.35 | -4.88 | -3.93 |
| Filing Date Shares Outstanding | 208.39M | 217.21M | 215.91M | 214.32M | 212.62M | 233.31M |
| Total Common Shares Outstanding | 211.00M | 217.36M | 215.78M | 214.17M | 211.86M | 233.06M |
| Working Capital | 635.29M | 628.00M | 453.99M | 485.06M | 379.87M | 446.66M |
| Book Value Per Share | 7.53 | 7.33 | 6.60 | 6.12 | 5.77 | 5.88 |
| Tangible Book Value | -339.21M | -361.21M | -550.43M | -659.95M | -782.54M | -636.80M |
| Tangible Book Value Per Share | -1.61 | -1.66 | -2.55 | -3.08 | -3.69 | -2.73 |
| Land | 10.40M | 10.10M | 10.51M | 10.93M | 11.47M | |
| Buildings | 53.74M | 49.43M | 47.45M | 47.29M | 45.47M | |
| Machinery | 197.74M | 182.35M | 142.64M | 139.44M | 123.60M | |
| Construction In Progress | 24.22M | 21.66M | 43.43M | 25.41M | 24.27M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 169.81M | 151.57M | 118.66M | 80.69M | 179.35M | 203.72M |
| Depreciation & Amortization | 57.03M | 57.29M | 55.86M | 53.06M | 57.64M | 57.82M |
| Other Amortization | 3.12M | 3.76M | 4.20M | 4.70M | 3.27M | 4.00M |
| Loss (Gain) From Sale of Assets | 1.25M | 485.00K | -428.00K | 1.00M | 6.13M | 4.22M |
| Asset Writedown & Restructuring Costs | 6.72M | 6.32M | ||||
| Stock-Based Compensation | 15.03M | 13.39M | 10.60M | 9.16M | 7.95M | 15.01M |
| Provision & Write-off of Bad Debts | -234.00K | -770.00K | -169.00K | -1.07M | 1.93M | 644.00K |
| Other Operating Activities | -13.25M | -7.75M | -5.59M | -12.79M | -5.34M | -5.90M |
| Change in Accounts Receivable | -23.54M | 5.06M | -7.26M | -58.70M | -3.41M | -70.11M |
| Change in Inventory | -15.98M | 11.78M | 4.33M | 67.82M | -35.12M | -89.66M |
| Change in Accounts Payable | 7.55M | -5.94M | 11.79M | 14.55M | -36.77M | 18.36M |
| Change in Other Net Operating Assets | -2.29M | 27.17M | 20.07M | 19.39M | -59.68M | 44.96M |
| Operating Cash Flow | 198.51M | 256.03M | 212.07M | 184.54M | 115.94M | 189.39M |
| Capital Expenditures | -40.88M | -32.36M | -22.37M | -28.95M | -29.62M | -26.22M |
| Sale of Property, Plant & Equipment | 311.00K | 613.00K | 4.00K | 25.00K | ||
| Cash Acquisitions | -55.15M | -62.95M | -21.51M | |||
| Sale (Purchase) of Intangibles | -1.30M | -1.96M | -1.92M | -2.05M | -914.00K | |
| Investment in Securities | -217.31M | -69.46M | 25.00M | -25.00M | ||
| Other Investing Activities | -157.00K | |||||
| Investing Cash Flow | -259.50M | -103.78M | -54.13M | -55.38M | -92.57M | -48.78M |
| Short-Term Debt Issued | 6.34M | 150.23M | 8.12M | |||
| Long-Term Debt Issued | 2.89M | 5.45M | 279.73M | 119.66M | ||
| Total Debt Issued | 354.60M | 9.23M | 155.68M | 287.84M | 119.66M | |
| Short-Term Debt Repaid | -2.17M | -6.46M | -150.99M | -5.06M | ||
| Long-Term Debt Repaid | -12.81M | -138.64M | -12.52M | -160.44M | -437.64M | |
| Total Debt Repaid | -359.30M | -14.98M | -145.10M | -163.51M | -165.51M | -437.64M |
| Net Debt Issued (Repaid) | -4.70M | -14.98M | -135.88M | -7.83M | 122.34M | -317.99M |
| Issuance of Common Stock | 514.00K | 377.40M | ||||
| Repurchase of Common Stock | -120.94M | -5.05M | -378.00K | -343.35M | -9.52M | |
| Other Financing Activities | -6.28M | -818.00K | -537.00K | 222.00K | -8.23M | -38.93M |
| Financing Cash Flow | -131.40M | -20.85M | -136.79M | -7.61M | -229.24M | 10.96M |
| Foreign Exchange Rate Adjustments | -48.00K | 1.65M | -2.65M | 373.00K | -3.75M | -1.06M |
| Net Cash Flow | -192.43M | 133.06M | 18.49M | 121.92M | -209.62M | 150.50M |
| Free Cash Flow | 157.63M | 223.68M | 189.70M | 155.59M | 86.32M | 163.16M |
| Free Cash Flow Margin | 13.32% | 19.93% | 18.04% | 15.68% | 6.57% | 11.64% |
| Free Cash Flow Per Share | 0.71 | 1.01 | 0.86 | 0.70 | 0.38 | 0.81 |
| Levered Free Cash Flow | 125.31M | 175.45M | 166.02M | 146.15M | 44.44M | 119.11M |
| Unlevered Free Cash Flow | 160.46M | 211.35M | 206.95M | 191.87M | 73.51M | 146.91M |
| Cash Interest Paid | 59.36M | 59.77M | 68.48M | 75.66M | 51.50M | 46.76M |
| Cash Income Tax Paid | 40.54M | 26.41M | 35.94M | 16.42M | 99.39M | 62.47M |
| Change in Working Capital | -34.25M | 38.06M | 28.94M | 43.06M | -134.98M | -96.45M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.50B | 3.35B | 3.29B | 2.91B | 1.99B | 5.95B |
| Enterprise Value | 4.04B | 3.93B | 4.06B | 3.83B | 3.07B | 6.64B |
| Last Close Price | 16.12 | 15.45 | 15.29 | 13.60 | 9.40 | 26.23 |
| PE Ratio | 21.80 | 22.11 | 27.76 | 36.02 | 11.07 | 61.04 |
| Forward PE | 17.93 | 18.79 | 20.86 | 21.37 | 13.39 | 22.60 |
| PS Ratio | 2.93 | 2.99 | 3.13 | 2.93 | 1.51 | 4.25 |
| PB Ratio | 2.14 | 2.10 | 2.31 | 2.22 | 1.62 | 4.35 |
| P/FCF Ratio | 22.01 | 14.98 | 17.36 | 18.68 | 23.01 | 36.48 |
| P/OCF Ratio | 17.48 | 13.09 | 15.53 | 15.75 | 17.13 | 31.43 |
| PEG Ratio | 1.29 | 1.42 | 1.77 | 12.00 | 12.00 | 0.27 |
| EV/Sales Ratio | 3.39 | 3.50 | 3.87 | 3.86 | 2.34 | 4.74 |
| EV/EBITDA Ratio | 12.86 | 13.33 | 14.81 | 15.85 | 8.61 | 17.00 |
| EV/EBIT Ratio | 15.74 | 16.55 | 18.59 | 20.32 | 10.27 | 19.95 |
| EV/FCF Ratio | 25.41 | 17.55 | 21.42 | 24.61 | 35.59 | 40.72 |
| Debt / Equity Ratio | 0.64 | 0.64 | 0.72 | 0.89 | 0.96 | 0.77 |
| Debt / EBITDA Ratio | 3.10 | 3.30 | 3.58 | 4.59 | 3.19 | 2.64 |
| Debt / FCF Ratio | 6.44 | 4.55 | 5.42 | 7.48 | 13.63 | 6.46 |
| Net Debt / Equity Ratio | 0.34 | 0.39 | 0.58 | 0.73 | 0.92 | 0.58 |
| Net Debt / EBITDA Ratio | 1.72 | 2.10 | 3.03 | 3.98 | 3.14 | 2.02 |
| Net Debt / FCF Ratio | 3.40 | 2.77 | 4.38 | 6.17 | 12.97 | 4.83 |
| Asset Turnover | 0.39 | 0.36 | 0.35 | 0.34 | 0.45 | 0.50 |
| Inventory Turnover | 2.59 | 2.73 | 2.60 | 2.26 | 2.77 | 3.94 |
| Quick Ratio | 2.26 | 2.10 | 1.54 | 2.02 | 1.26 | 1.56 |
| Current Ratio | 3.33 | 2.94 | 2.45 | 3.02 | 2.63 | 2.47 |
| Return on Equity (ROE) | 10.92% | 10.05% | 8.68% | 6.37% | 13.84% | 25.81% |
| Return on Assets (ROA) | 5.19% | 4.83% | 4.60% | 4.05% | 6.39% | 7.45% |
| Return on Invested Capital (ROIC) | 9.88% | 8.72% | 7.95% | 6.52% | 10.18% | 14.64% |
| Return on Capital Employed (ROCE) | 9.00% | 8.40% | 8.20% | 7.00% | 11.30% | 12.50% |
| Earnings Yield | 4.59% | 4.52% | 3.60% | 2.78% | 9.03% | 3.42% |
| FCF Yield | 4.54% | 6.68% | 5.76% | 5.35% | 4.35% | 2.74% |
| Buyback Yield / Dilution | 0.63% | -0.39% | -0.31% | 3.93% | -14.53% | -8,024.05% |