Stocktoria

Hayward Holdings, Inc. HAYW

NYSE · stock · Refrigeration & Service Industry Machinery · website · IPO 2021-03-12

Hayward Holdings, Inc. statistics & valuation

Market cap$3.6B
P / E23.6×
P / S3.2×
P / B2.2×
P / FCF15.7×
Net margin13.5%
Return on equity9.5%
FCF margin20.3%
Net debt$630.2M
Net debt / EBITDA2.5×
Enterprise value USD$4.2B
EV / EBITDA16.4×
Earnings yield EBIT/EV5.5%
Return on capital8.2%
Graham number -31.6%$10.47

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($10.47); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
4.90% 14.50% 13.60% 8.10% 11.30% 13.50% 202020212022202320242025
Gross margin (%)
45.40% 46.80% 45.40% 43.30% 46.30% 48.00% 202020212022202320242025
Operating margin (%)
14.20% 22.70% 21.70% 17.70% 19.90% 20.80% 202020212022202320242025
Return on equity (%)
20.70% 14.90% 14.70% 6.20% 8.30% 9.50% 202020212022202320242025
Shares outstanding
2.8M 233.1M 229.7M 220.7M 221.4M 222.2M 202020212022202320242025
Net debt ($)
$729.2M $1.06B $929.1M $774.9M $630.2M 202020212022202320242025
Share buybacks ($)
202020212022202320242025
Return on assets (%)
1.70% 6.80% 6.20% 2.70% 4.00% 4.80% 202020212022202320242025
Free cash flow margin (%)
22.80% 11.60% 6.60% 15.70% 18.00% 20.30% 202020212022202320242025
Debt / equity (×)
0.73× 0.91× 0.84× 0.68× 0.60× 202020212022202320242025
EPS ($)
$0.25 $0.49 $0.78 $0.37 $0.54 $0.68 202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Hayward Holdings, Inc. trades at about 22.5× earnings — below its 10-year norm (10-year range 17.3×–40.2×, median 27.9×).

17.3× 40.2×

Shaded band = 10-year range (17.3×–40.2×); dot = today's 22.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020
Gross margin48.0%46.3%43.3%45.4%46.8%45.4%
Operating margin20.8%19.9%17.7%21.7%22.7%14.2%
Net margin13.5%11.3%8.1%13.6%14.5%4.9%
FCF margin20.3%18.0%15.7%6.6%11.6%22.8%
Return on assets4.8%4.0%2.7%6.2%6.8%1.7%
Return on equity9.5%8.3%6.2%14.7%14.9%20.7%
Debt / equity0.60×0.68×0.84×0.91×0.73×—
Current ratio2.942.453.022.632.471.94

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.