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Hawkins (Hawkins) Operating Margin % : 8.86% (As of Dec. 2023)


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What is Hawkins Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Hawkins's Operating Income for the three months ended in Dec. 2023 was $18.5 Mil. Hawkins's Revenue for the three months ended in Dec. 2023 was $208.5 Mil. Therefore, Hawkins's Operating Margin % for the quarter that ended in Dec. 2023 was 8.86%.

Good Sign:

Hawkins Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Hawkins's Operating Margin % or its related term are showing as below:

HWKN' s Operating Margin % Range Over the Past 10 Years
Min: 5.43   Med: 8.04   Max: 11.08
Current: 11.08


HWKN's Operating Margin % is ranked better than
71.26% of 1531 companies
in the Chemicals industry
Industry Median: 6.08 vs HWKN: 11.08

Hawkins's 5-Year Average Operating Margin % Growth Rate was 11.90% per year.

Hawkins's Operating Income for the three months ended in Dec. 2023 was $18.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $102.4 Mil.


Hawkins Operating Margin % Historical Data

The historical data trend for Hawkins's Operating Margin % 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 Operating Margin % Chart

Hawkins Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.62 7.71 9.36 9.19 9.43

Hawkins Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 6.96 8.10 12.94 13.95 8.86

Competitive Comparison of Hawkins's Operating Margin %

For the Specialty Chemicals subindustry, Hawkins's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hawkins's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Hawkins's Operating Margin % falls into.



Hawkins Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Hawkins's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=88.15 / 935.098
=9.43 %

Hawkins's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=18.474 / 208.496
=8.86 %

* 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.


Hawkins  (NAS:HWKN) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Hawkins Operating Margin % Related Terms

Thank you for viewing the detailed overview of Hawkins's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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