HWKNNasdaqWholesale-Chemicals & Allied ProductsFiscal year ends March 28
HAWKINS INC
Financials through Q1 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Jul 29, 2026
$131.42−0.24 (-0.18%)
Close on Oct 19, 2026
- Market cap
- $2.74B
- P/E (TTM)
- 34.0
- Dividend yield
- 0.57%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
22.6%+1.9 pts over 5 years
Operating margin
11.2%+1.8 pts over 5 years
Net margin
7.5%+0.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +11.2% | +5.0% | +12.7% | +10.1% | |
| Gross profit | +8.7% | +14.1% | +14.6% | +11.8% | |
| Operating income | +1.8% | +11.2% | +16.8% | +14.6% | |
| Net income | -3.3% | +10.7% | +14.8% | +16.2% | |
| EPS, diluted | -3.0% | +11.0% | +15.2% | +16.4% | |
| Free cash flow | +23.0% | +43.6% | +30.2% | +21.6% | |
| Dividend per share | +7.1% | +9.6% | +9.7% | +6.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.8% | 16.4% | 16.4% | |
| Return on assets | 5.3% | 9.5% | 9.3% | |
| Current ratio | 2.17 | 2.31 | 2.21 | |
| Debt to equity | 0.47 | 0.37 | 0.46 | |
| Net debt to EBITDA | 1.61× | 1.22× | 1.38× | |
| Inventory turnover | 7.8× | 8.0× | 10.4× | |
| Capex to revenue | 4.5% | 3.5% | 5.4% | |
| Diluted shares | 21M | 21M | 21M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Hawkins generated $535.16M from operations and spent $329.96M on capital expenditure, dividends and share buybacks. 66% of that went back into the business.
Generated
$535.16M
Used
$329.96M
Capital expenditure$216.32M66%Dividends$66.60M20%Share buybacks$47.05M14%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin7.5%
×Asset turnover1.23×
×Equity multiplier1.77×
=Return on equity, FY202516.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 7.5% | 1.23× | 1.77× | 16.4% |
| FY2024 | 8.7% | 1.36× | 1.65× | 19.5% |
| FY2023 | 8.2% | 1.47× | 1.65× | 19.9% |
| FY2022 | 6.4% | 1.62× | 1.77× | 18.4% |
| FY2021 | 6.7% | 1.49× | 1.83× | 18.2% |
| FY2020 | 6.9% | 1.39× | 1.73× | 16.4% |
| FY2019 | 5.3% | 1.39× | 1.72× | 12.6% |
| FY2018 | 4.4% | 1.43× | 1.85× | 11.6% |
| FY2017 | -1.8% | 1.25× | 1.93× | -4.4% |
| FY2016 | 4.7% | 1.13× | 2.04× | 10.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$81.55M
- Cash generatingOperating cash flow above zero$144.33M
- Return on assets improvedROA up on the prior year12.8% → 10.6%
- Earnings backed by cashOperating cash flow above net income$144.33M vs $81.55M
- Less leverageLong-term debt to assets fell19.3% → 24.7%
- Better liquidityCurrent ratio rose2.37 → 2.21
- No dilutionShare count did not rise21M → 21M
- Gross margin improvedGross margin up on the prior year23.15% → 22.61%
- More efficientAsset turnover rose1.48 → 1.41