Hayward Holdings, Inc. HAYW
We are a leading global designer and manufacturer of a broad portfolio of pool equipment, outdoor living products and industrial flow control products. With the pool as the centerpiece of the growing outdoor living space, the pool industry has attractive market characteristics, including significant aftermarket requirements, such as the ongoing repair, replacement, remodeling and upgrading of equipment for existing pools, innovation-led growth opportunities and a favorable industry structure. We are a leader in this market, with a highly recognized brand, one of the largest installed bases of pool equipment in the world, decades-long relationships with our key channel partners and trade customers, and a history of technological innovation. Our engineered products, which include various energy-efficient and more environmentally sustainable offerings, enhance the pool owner's outdoor living lifestyle while delivering high quality water, pleasant ambiance and ease of use. Aftermarket replacements and
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- NAM
- E&RW
- NAM - Intersegment sales
- Other
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| NAM | $959.2M | $895.5M | $823.3M |
| E&RW | $163.0M | $156.1M | $169.2M |
| NAM - Intersegment sales | $20.5M | $19.2M | $14.0M |
| Other | $776.0K | $157.0K | $215.0K |
As the company reported it, from the “Segments and Related Information - Financial Information by Reportable Segment (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.12B | $1.05B | $992.5M | $1.31B | $1.40B | $875.4M | $733.4M | — |
| Cost of revenue | $583.5M | $564.6M | $563.0M | $717.1M | $746.0M | $478.4M | $409.9M | — |
| Gross profit | $538.7M | $487.0M | $429.4M | $597.0M | $655.8M | $397.0M | $323.5M | — |
| R&D | $27.2M | $25.8M | $24.5M | $22.4M | $22.9M | $20.0M | $19.9M | — |
| SG&A | $246.9M | $217.1M | $186.1M | $248.8M | $267.3M | $195.2M | $179.4M | — |
| Operating income | $233.2M | $208.8M | $175.2M | $285.6M | $318.0M | $124.6M | $98.7M | — |
| Interest expense | — | — | $7.1M | $356.0K | $38.0K | $253.0K | $121.0K | — |
| Pre-tax income | $184.6M | $144.2M | $101.1M | $234.2M | $260.1M | $57.8M | $12.1M | — |
| Income tax | $33.1M | $25.5M | $20.4M | $54.9M | $56.4M | $14.5M | $3.6M | — |
| Net income | $151.6M | $118.7M | $80.7M | $179.3M | $203.7M | $43.3M | $8.5M | — |
| EPS, basic | 0.70 | 0.55 | 0.38 | 0.82 | 0.52 | 0.25 | 0.05 | — |
| EPS, diluted | 0.68 | 0.54 | 0.37 | 0.78 | 0.49 | 0.25 | 0.05 | — |
| Shares, diluted (wtd. avg.) | 222.2M | 221.4M | 220.7M | 229.7M | 200.6M | 2.5M | 2.4M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $329.6M | $196.6M | $178.1M | $56.2M | $265.8M | $115.3M | $47.2M | $14.3M |
| Short-term investments | $69.5M | $0 | $25.0M | $0 | — | — | — | — |
| Receivables | $280.2M | $278.6M | $270.9M | $209.1M | $208.1M | $140.2M | — | — |
| Inventory | $210.7M | $216.5M | $215.2M | $283.7M | $233.4M | $145.3M | — | — |
| Total current assets | $951.2M | $767.0M | $724.7M | $612.3M | $750.5M | $424.4M | — | — |
| Property, plant and equipment | $164.6M | $160.4M | — | — | — | — | — | — |
| Goodwill | $951.2M | $943.6M | $935.0M | $932.4M | $924.3M | $920.3M | $915.1M | — |
| Other intangibles | $1.00B | $1.03B | $1.04B | $1.07B | $1.08B | $1.11B | $1.15B | — |
| Total assets | $3.15B | $2.99B | $2.95B | $2.88B | $2.98B | $2.61B | — | — |
| Accounts payable | $77.0M | $81.5M | $68.9M | $54.0M | $87.4M | $69.6M | — | — |
| Total current liabilities | $323.2M | $313.0M | $239.7M | $232.4M | $303.9M | $218.7M | — | — |
| Long-term debt | $959.8M | $971.5M | $1.11B | $1.11B | $995.0M | — | — | — |
| Total liabilities | $1.56B | $1.57B | $1.63B | $1.65B | $1.61B | $1.80B | — | — |
| Retained earnings | $851.1M | $699.6M | $580.9M | $500.2M | $320.9M | $203.0M | — | — |
| Total equity | $1.59B | $1.42B | $1.31B | $1.22B | $1.37B | $209.3M | $164.0M | $153.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $256.0M | $212.1M | $184.5M | $115.9M | $189.4M | $213.8M | $94.0M | — |
| Depreciation and amortisation | $22.8M | $20.1M | $16.0M | $19.2M | $18.8M | $18.8M | $17.2M | — |
| Stock-based compensation | $13.4M | $10.6M | $9.2M | $7.9M | $15.0M | $1.9M | $1.6M | — |
| Capital expenditure | $28.7M | $22.4M | $28.9M | $29.6M | $26.2M | $14.2M | $25.0M | — |
| Investing cash flow | -$103.8M | -$54.1M | -$55.4M | -$92.6M | -$48.8M | -$13.0M | $4.0M | — |
| Financing cash flow | -$20.8M | -$136.8M | -$7.6M | -$229.2M | $11.0M | -$135.1M | -$65.1M | — |
| Dividends paid | — | — | — | $0 | $0 | $275.2M | $211.0K | — |
| Buybacks | $5.0M | $378.0K | $0 | $343.3M | $81.0M | $2.5M | $1.0M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001834622-26-000008.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $733.4M | $875.4M | $1.40B | $1.31B | $992.5M | $1.05B | $1.12B |
| Gross profit | — | $323.5M | $397.0M | $655.8M | $597.0M | $429.4M | $487.0M | $538.7M |
| Net income | — | $8.5M | $43.3M | $203.7M | $179.3M | $80.7M | $118.7M | $151.6M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Results announced Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed Item 1.01
- Shareholder vote Item 5.07
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3580
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| SXI | STANDEX INTERNATIONAL CORP/DE/ | $2.91B | 27.7x | 12.8% |
| TNC | TENNANT CO | $1.13B | 28.1x | -6.5% |
| LBGJ | Li Bang International Corp Inc. | — | — | 2.9% |