Hayward Holdings, Inc. (HAYW)
Hayward Holdings, Inc., established in 1925 and headquartered in Charlotte, North Carolina, specializes in the development, manufacturing, and global marketing of a diverse range of swimming pool equipment and integrated automation systems. Its extensive product line caters to both residential and commercial clients, featuring essential components such as circulation pumps, advanced filtration systems, heating units, robotic pool cleaners, energy-efficient LED lighting, smart Internet of Things (IoT) controls, alternative water treatment solutions, and decorative water features. The company distributes its offerings through a varied network that includes specialty distributors, retail partners, and group purchasing organizations, serving markets across North America, Europe, and other international territories.
Sector: Refrigeration & Service Industry Machinery
Industry: Electrical Equipment & Parts
Hayward Holdings, Inc.
NYSE:HAYWIndustrials · Electrical Equipment & Parts
-0.31%$12.67
AH Close$12.67+0.00%vs close
AH Close$12.67+0.00%vs close
Mkt Cap$2.69B
Float201.08M
O/S212.12M
Inst Own-
SI4.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.12B
Net Income$151.57M
Total Assets$3.15B
Free Cash Flow$225.36M
Debt & Equity
Debt 1%
Equity 99%
Total Debt$13.26M
Total Equity$1.59B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in HAYW's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$3.15B
Liabilities$1.56B
Accounts Receivable$280.82M
Accounts Payable$77.01M
Inventory$210.74M
PP&E (Net)$164.56M
Goodwill$951.2M
Intangible Assets$88.9M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $1.12B | $1.05B | $992.45M | $1.31B | $1.4B | $875.4M | $733.45M |
| YoY Growth | 6.7% | 6.0% | -24.5% | -6.3% | 60.1% | 19.4% | - |
| Cost of Revenue | $610.93M | $549.65M | $545.86M | $749.23M | $778.66M | $516.3M | $451.7M |
| Gross Profit | $511.23M | $501.96M | $446.59M | $564.91M | $623.13M | $359.1M | $281.7M |
| Gross Margin | 45.6% | 47.7% | 45.0% | 43.0% | 44.5% | 41.0% | 38.4% |
| Research and Development | $27.2M | $25.78M | $24.55M | $22.36M | $22.87M | $20M | $19.91M |
| Selling, General, and Administrative | $246.89M | $260.93M | $233.61M | $248.81M | $267.26M | $195.2M | $179.4M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $274.09M | $286.71M | $258.15M | $271.17M | $290.13M | $215.2M | $199.3M |
| Operating Income (EBIT) | $237.14M | $215.25M | $188.44M | $293.74M | $333M | $143.9M | $82.4M |
| Operating Margin | 21.1% | 20.5% | 19.0% | 22.4% | 23.8% | 16.4% | 11.2% |
| Interest Expense | $59.89M | $68.02M | $73.6M | $51.19M | $50.85M | $73.61M | $84.5M |
| Interest Income | $0 | $5.85M | $2.4M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$52.5M | -$71.07M | -$87.35M | -$59.5M | -$72.86M | -$86.1M | -$70.3M |
| Income Before Tax (EBT) | $184.64M | $144.18M | $101.09M | $234.24M | $260.14M | $57.8M | $12.1M |
| Income Tax Expense | $33.07M | $25.53M | $20.4M | $54.89M | $56.42M | $14.5M | $3.57M |
| Net Income | $151.57M | $118.66M | $80.69M | $179.35M | $203.72M | $43.3M | $8.52M |
| Net Income Margin | 13.5% | 11.3% | 8.1% | 13.6% | 14.5% | 4.9% | 1.2% |
| Supplementary Data | |||||||
| EPS | 0.70 | 0.55 | 0.38 | 0.82 | 0.52 | 0.01 | 0.00 |
| Diluted EPS | 0.68 | 0.54 | 0.37 | 0.78 | 0.49 | 0.01 | 0.00 |
| Weighted Average OS | 216.59M | 215.03M | 213.14M | 219.95M | 187.69M | 46.32M | 46.32M |
| EBITDA | $301.81M | $278.89M | $243.37M | $343.07M | $362.21M | $194.22M | $160.54M |
| EBITDA Margin | 26.9% | 26.5% | 24.5% | 26.1% | 25.8% | 22.2% | 21.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $329.65M | $196.59M | $178.1M | $56.18M | $265.8M | $114.86M | $47.2M |
| Short-Term Investments | $69.46M | $0 | $25M | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $399.11M | $196.59M | $203.1M | $56.18M | $265.8M | $114.86M | $47.2M |
| Accounts Receivable | $280.82M | $285.01M | $280.87M | $236.28M | $208.11M | $140.22M | $184.9M |
| Inventory | $210.74M | $216.47M | $215.18M | $283.66M | $233.45M | $145.33M | $137.1M |
| Other Current Assets | $41.08M | $48.7M | $11.26M | $21.19M | $30.7M | $13.74M | $10.2M |
| Total Current Assets | $951.25M | $766.97M | $724.74M | $612.28M | $750.52M | $424.41M | $385.8M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $164.56M | $160.38M | $158.98M | $149.83M | $146.75M | $142.32M | $139.9M |
| Goodwill | $951.2M | $943.64M | $935.01M | $932.4M | $924.26M | $920.33M | $915.1M |
| Intangible Assets | $88.9M | $1.03B | $1.04B | $1.07B | $1.08B | $1.11B | $1.15B |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $995.08M | $89.2M | $91.16M | $107.33M | $74.89M | $5.93M | $8.7M |
| Total Long-Term Assets | $2.2B | $2.22B | $2.22B | $2.26B | $2.23B | $2.18B | $2.22B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $100K |
| Total Assets | $3.15B | $2.99B | $2.95B | $2.88B | $2.98B | $2.61B | $2.6B |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $77.01M | $81.48M | $68.94M | $54.02M | $87.44M | $69.63M | $53.4M |
| Short-Term Debt | $13.26M | $16.16M | $15.26M | $17.59M | $12.15M | $2.77M | $400K |
| Current Income Tax Payable | $8.75M | $8.13M | $109K | $1.98M | $18.41M | $7.6M | $2.8M |
| Current Unearned Revenue | $0 | $3.4M | $4.02M | $7.18M | $8.07M | $11.69M | $8.7M |
| Other Current Liabilities | $232.98M | $94.01M | $125.73M | $52.41M | $82.57M | $69.74M | $60.3M |
| Total Current Liabilities | $323.24M | $312.98M | $239.68M | $232.41M | $303.86M | $218.65M | $140.4M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $0 | $950.56M | $1.08B | $1.09B | $973.12M | $1.3B | $1.15B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $869.5M |
| Long-Term Deferred Tax Liabilities | $227.45M | $239.11M | $248.97M | $264.11M | $262.38M | $273.63M | $276.4M |
| Other Long-Term Liabilities | $1.01B | $64.32M | $8.25M | $70.4M | $69.59M | $10.85M | $2.8M |
| Total Long-Term Liabilities | $1.23B | $1.25B | $1.4B | $1.42B | $1.31B | $1.58B | $2.3B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.56B | $1.57B | $1.63B | $1.65B | $1.61B | $1.8B | $2.44B |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $247K | $245K | $243K | $241K | $238K | $594.5M | $0 |
| Retained Earnings | $851.13M | $699.56M | $580.91M | $500.22M | $320.88M | $203M | $159.9M |
| Comprehensive Income & Other | -$4.71M | -$11.5M | $7.17M | $10.11M | $3.74M | -$350K | -$2.7M |
| Other Stockholders' Equity | $741.63M | $723.84M | $730.31M | $722.57M | $1.05B | $6.26M | $4.1M |
| Total Equity | $1.59B | $1.42B | $1.31B | $1.22B | $1.37B | $803.76M | $164M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.15B | $2.99B | $2.95B | $2.88B | $2.98B | $2.61B | $2.6B |
| Supplementary Data | |||||||
| Total Debt | $13.26M | $975.39M | $1.16B | $1.11B | $992.83M | $1.3B | $1.15B |
| Net Debt | -$316.39M | $778.81M | $985.03M | $1.06B | $727.03M | $1.19B | $1.1B |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | $151.57M | $118.66M | $80.69M | $179.35M | $203.72M | $43.3M | $8.52M |
| Depreciation & Amortization | $57.29M | $55.86M | $53.06M | $57.64M | $57.82M | $62.82M | $63.94M |
| Deferred Income Tax | -$7.75M | -$10.51M | -$12.79M | -$5.34M | -$15.31M | -$300K | -$16.61M |
| Stock-Based Compensation | $13.39M | $10.6M | $9.16M | $7.95M | $15.01M | $1.95M | $1.56M |
| Changes in Working Capital: | |||||||
| Accounts Receivable | $5.06M | -$7.26M | -$58.7M | -$3.41M | -$70.11M | $47.1M | $2.09M |
| Inventory | $11.78M | $4.33M | $67.82M | -$35.12M | -$89.66M | -$4.7M | $5.11M |
| Accounts Payable | -$5.94M | $11.79M | $14.55M | -$36.77M | $18.36M | $69.3M | $16.15M |
| Other Working Capital | $27.17M | $20.07M | $19.39M | -$59.68M | $44.96M | -$13M | $23.97M |
| Total Working Capital Change | $38.06M | $28.94M | $43.06M | -$134.98M | -$96.45M | $98.7M | $47.31M |
| Other Non-Cash Items | $3.48M | $8.53M | $11.35M | $11.33M | $24.61M | $7.33M | -$10.76M |
| Net Cash from Operating | $256.03M | $212.07M | $184.54M | $115.94M | $189.39M | $213.8M | $93.96M |
| Investing Activities | |||||||
| Capital Expenditures | -$28.71M | -$24.29M | -$30.99M | -$29.63M | -$26.22M | -$15.6M | -$25.02M |
| Acquisitions | $0 | -$55.15M | $0 | -$62.95M | -$21.51M | $500K | $0 |
| Purchases of Investments | -$69.46M | $0 | -$25M | $0 | -$157K | -$500K | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $2.1M | $2.2M |
| Other Investing Activities | -$5.6M | $25.31M | $613K | $4K | -$889K | $500K | $26.86M |
| Net Cash from Investing | -$103.78M | -$54.13M | -$55.38M | -$92.57M | -$48.78M | -$13M | $4.04M |
| Financing Activities | |||||||
| Debt Repaid | $12.81M | $135.75M | $7.07M | -$119.28M | $317.99M | -$146.5M | $64.71M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $377.4M | $0 | $1.28M |
| Common Stock Repurchases | -$5.05M | -$378K | -$340K | -$343.35M | -$9.52M | -$2.5M | -$1.01M |
| Dividends Paid | $0 | $0 | $0 | $0 | -$41K | -$275.2M | -$416K |
| Other Financing Activities | -$818K | -$537K | $562K | -$8.23M | -$38.89M | -$3.89M | -$205K |
| Net Cash from Financing | -$20.85M | -$136.79M | -$7.61M | -$229.24M | $10.96M | -$135.1M | -$65.07M |
| Forex Effect | $1.65M | -$2.65M | $373K | -$3.75M | -$1.06M | $2.4M | -$35K |
| Net Change in Cash | $133.06M | $18.49M | $121.92M | -$209.62M | $150.5M | $68.1M | $32.9M |
| Supplementary Data | |||||||
| Operating Cash Flow | $256.03M | $212.07M | $184.54M | $115.94M | $189.39M | $213.8M | $93.96M |
| Capital Expenditure | -$30.67M | -$24.29M | -$30.99M | -$29.63M | -$27.14M | -$15.6M | -$26.68M |
| Free Cash Flow | $225.36M | $187.78M | $153.55M | $86.32M | $162.25M | $198.2M | $67.28M |
| Cash at Beginning | $196.59M | $178.1M | $56.18M | $265.8M | $115.29M | $47.2M | $14.31M |
| Cash at End | $329.65M | $196.59M | $178.1M | $56.18M | $265.8M | $115.3M | $47.21M |