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Hawkins (Hawkins) Gross Profit : $183.9 Mil (TTM As of Dec. 2023)


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What is Hawkins Gross Profit?

Hawkins's gross profit for the three months ended in Dec. 2023 was $42.2 Mil. Hawkins's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $183.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hawkins's gross profit for the three months ended in Dec. 2023 was $42.2 Mil. Hawkins's Revenue for the three months ended in Dec. 2023 was $208.5 Mil. Therefore, Hawkins's Gross Margin % for the quarter that ended in Dec. 2023 was 20.26%.

Hawkins had a gross margin of 20.26% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Hawkins was 20.74%. The lowest was 17.21%. And the median was 18.38%.


Hawkins Gross Profit Historical Data

The historical data trend for Hawkins's Gross Profit 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.

Hawkins Gross Profit Chart

Hawkins Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.94 100.92 123.76 146.52 165.12

Hawkins Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 Premium Member Only Premium Member Only 36.27 35.73 51.99 53.89 42.25

Competitive Comparison of Hawkins's Gross Profit

For the Specialty Chemicals subindustry, Hawkins's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Hawkins's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hawkins's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hawkins's Gross Profit falls into.



Hawkins Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Hawkins's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=935.098 - 769.979
=165.1

Hawkins's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=208.496 - 166.248
=42.2

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $183.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Hawkins'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=42.2 / 208.496
=20.26 %

* 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.


Hawkins  (NAS:HWKN) Gross Profit 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

Hawkins had a gross margin of 20.26% for the quarter that ended in Dec. 2023 => Competition eroding margins


Hawkins Gross Profit Related Terms

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Hawkins (Hawkins) Business Description

Traded in Other Exchanges
Address
2381 Rosegate, Roseville, MN, USA, 55113
Hawkins Inc manufactures and sells a variety of chemicals and ingredients. The firm organizes itself into three segments based on the product type. The industrial segment, which generates the majority of revenue, sells private label bleach, caustic soda, sulfuric acid, hydrochloric acid, phosphoric acid, potassium hydroxide, and aqua ammonia. The water treatment segment sells chemicals and equipment used to treat potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. The health and nutrition segment sells ingredients to food, beverage, personal care, and dietary supplement producers. The vast majority of revenue comes from the United States.
Executives
Jeffrey P. Oldenkamp officer: CFO, VP and Treasurer 14000 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
Jeffrey E Spethmann director P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
David J. Mangine officer: VP - Industrial Group 2381 ROSEGATE, ROSEVILLE MN 55113
Yi Tang director 2381 ROSEGATE, ROSEVILLE MN 55113
Theresa R Moran officer: VP - Quality & Support 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Douglas A. Lange officer: Vice President 2381 ROSEGATE, ROSEVILLE MN 55113
Shirley A. Rozeboom officer: VP Health and Nutrition 2381 ROSEGATE, ROSEVILLE MN 55113
Daniel J Stauber director 2381 ROSEGATE, ROSEVILLE MN 55113
Drew M. Grahek officer: Vice President of Operations 2381 ROSEGATE, ROSEVILLE MN 55113
Patrick H. Hawkins officer: President 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Jeffrey L Wright director
Matthews Steven D Ii officer: VP of Operations 3100 E HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Mary J. Schumacher director 3735 ISLAND VIEW CIRCLE, PRIOR LAKE MN 55372
Richard G Erstad officer: VP, General Counsel & Sec 1300 NICOLLET MALL, SUITE 5003, MINNEAPOLIS MN 55403
John R Sevenich officer: Vice President, Industrial 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413