undamentalytics Newsletter

Hawkins Inc key statistics and ratios

In fiscal 2026, Hawkins Inc had return on equity of 16.4% and a net margin of 7.5%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Hawkins Inc: financial ratios, annual
Fiscal year2010Mar 20102011Apr 20112012Apr 20122013Mar 20132014Mar 20142015Mar 20152016Apr 20162017Apr 20172018Apr 20182019Mar 20192020Mar 20202021Mar 20212022Apr 20222023Apr 20232024Mar 20242025Mar 20252026Mar 2026LTMSept 2026
Net margin9.3%6.8%6.6%4.9%5.2%5.3%4.4%4.7%−1.8%4.4%5.3%6.9%6.7%6.4%8.2%8.7%7.5%7.5%
Return on equity19.6%15.8%15.5%10.5%10.3%10.2%9.2%10.8%−4.4%11.6%12.6%16.4%18.2%18.4%19.9%19.5%16.4%15.6%
Return on assets—11.0%11.7%8.0%7.9%7.9%5.3%5.3%−2.3%6.3%7.3%9.5%9.9%10.4%12.1%11.8%9.3%8.6%
Effective tax rate39.3%37.1%40.5%32.7%35.5%36.9%40.3%37.4%—27.1%27.2%26.6%26.3%27.3%25.5%26.3%25.4%—
SG&A as % of revenue10.0%10.1%8.9%9.0%9.6%9.7%11.9%12.3%11.8%10.6%11.0%11.4%9.7%8.2%9.7%10.9%11.4%11.3%
Dividends ÷ net income27.6%34.5%28.3%40.5%41.0%40.9%45.5%38.5%—49.0%34.6%24.5%21.5%20.0%17.6%17.4%19.2%18.7%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

2 of 6 checks passed · September 27, 2026
What it owns · $1.0bn
Short-term assets $257mLonger-term assets $755m
What it owes, and who funded it · $1.0bn
Short-term liabilities $113mLonger-term liabilities $336mShareholders' equity $564m
  • Short-term assets cover short-term liabilities $257m of assets due within a year against $113m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $257m short-term assets against $336m of longer-dated liabilities.
  • More cash than debt $7m of cash against $229m of debt.
  • Debt below 40% of shareholders' equity Debt is 41% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 38% to 41% over five years.
  • A year's operating cash flow covers at least 20% of debt $149m of operating cash flow against $229m of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Hawkins Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

51 /100

Moderate moat

How hard Hawkins's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 13 / 20

    Cash operating profit has been a median 10.2% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 19.4%, moving by 2.1 percentage points (standard deviation) across 10 years.

  • Durability 2 / 20

    Operating margin has been a median 9.5%; its worst year was -1.3%.

  • Cash conversion 11 / 20

    Free cash flow was positive in 8 of 10 years, at a median 6.7% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 1.7% over five years; stock-based pay has been a median 0.5% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Hawkins Inc's SEC filings (10-K and 10-Q), retrieved October 27, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Hawkins Inc.