← Hayward Holdings, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net income | $8.5m |
$43.3m
+408.06%
|
$203.7m
+370.47%
|
$179.3m
-11.97%
|
$80.7m
-55.01%
|
$118.7m
+47.06%
|
$151.6m
+27.74%
|
$161.4m
+6.49%
|
|
| Depreciation | $17.2m | $18.8m | $18.8m | $19.2m | $16.0m | $20.1m | $22.8m | $23.2m | |
| Amortization of intangible assets | $46.8m | $44.0m | $39.0m | $38.4m | $37.1m | $35.8m | $34.5m | — | |
| Amortization of deferred debt issuance fees | $5.3m | $5.4m | $4.0m | $3.3m | $4.7m | $4.2m | $3.8m | — | |
| Deferred income taxes (benefit) | ($16.6m) | ($277k) | ($15.3m) | ($5.3m) | ($12.8m) | ($10.5m) | ($7.8m) | ($5.7m) | |
| Stock-based compensation | $1.6m | $1.9m | $15.0m | $7.9m | $9.2m | $10.6m | $13.4m | $14.7m | |
| Loss on impairment | — | — | $6.3m | $0 | $6.7m | $0 | $0 | — | |
| Accounts receivable | $2.1m | $47.3m | ($70.1m) | ($3.4m) | ($58.7m) | ($7.3m) | $5.1m | $10.9m | |
| Inventories | $5.1m | ($4.7m) | ($89.7m) | ($35.1m) | $67.8m | $4.3m | $11.8m | ($7.4m) | |
| Accounts payable | $16.1m | $15.9m | $18.4m | ($36.8m) | $14.6m | $11.8m | ($5.9m) | $17.7m | |
| Accrued expenses and other liabilities | $14.2m | $53.4m | $62.1m | ($19.5m) | ($5.4m) | $61.2m | $20.8m | — | |
| Accrued and unpaid purchases of property, plant, and equipment | — | — | — | $796k | $1.1m | $4.6m | $634k | — | |
| Other current and non-current assets | $9.7m | ($13.0m) | ($17.2m) | ($40.2m) | $24.8m | ($41.2m) | $6.4m | — | |
| Net cash provided by operating activities | $94.0m |
$213.8m
+127.59%
|
$189.4m
-11.44%
|
$115.9m
-38.78%
|
$184.5m
+59.16%
|
$212.1m
+14.92%
|
$256.0m
+20.73%
|
$239.2m
-6.56%
|
|
| (Gain) loss on sale/disposal of property, plant and equipment | ($16.2m) | $2.0m | $4.2m | $6.1m | $1.0m | ($428k) | $485k | — | |
| Purchases of property, plant, and equipment | ($25.0m) | ($14.2m) | ($26.2m) | ($29.6m) | ($31.0m) | ($24.3m) | ($28.7m) | — | |
| Proceeds from sale of property, plant, and equipment | $28.5m | $458k | $25k | $4k | $613k | $311k | $0 | $263k | |
| Equipment financed under finance leases | $0 | $8.1m | $0 | $1.6m | ($21k) | $1.0m | $3.2m | — | |
| Purchases of short-term investments | — | — | $0 | $0 | ($25.0m) | $0 | ($69.5m) | — | |
| Proceeds from short-term investments | $2.2m | $2.1m | ($157k) | $0 | $0 | $25.0m | $0 | — | |
| Cash paid for asset acquisitions | — | — | — | — | $0 | $0 | ($3.6m) | — | |
| Net cash used in investing activities | $4.0m | ($13.0m) | ($48.8m) | ($92.6m) | ($55.4m) | ($54.1m) | ($103.8m) | ($216.9m) | |
| Loss on debt extinguishment | $0 | $0 | $9.4m | $0 | $0 | $4.9m | $0 | — | |
| Proceeds from issuance of long-term debt | $0 | $150.0m | $51.7m | $129.7m | $5.4m | $2.9m | $0 | $354.6m | |
| Payments of long-term debt | ($27.7m) | ($3.5m) | ($369.6m) | ($10.4m) | ($12.5m) | ($138.6m) | ($12.8m) | — | |
| Debt issuance costs | $0 | ($4.0m) | ($12.6m) | ($8.5m) | $0 | $0 | ($1.6m) | — | |
| Purchase of common stock | ($1.0m) | ($2.5m) | ($9.5m) | ($343.3m) | ($340k) | ($378k) | ($5.0m) | — | |
| Net cash used in financing activities | ($65.1m) |
($135.1m)
-107.67%
|
$11.0m
+108.11%
|
($229.2m)
-2192.18%
|
($7.6m)
+96.68%
|
($136.8m)
-1697.03%
|
($20.8m)
+84.76%
|
($82.3m)
-294.88%
|
|
| Cash and cash equivalents, beginning of period | $47.2m | $115.3m | $265.8m | $56.2m | $178.1m | $196.6m | $329.6m | — | |
| Effect of exchange rate changes on cash and cash equivalents | ($35k) | $2.4m | ($1.1m) | ($3.8m) | $373k | ($2.7m) | $1.6m | ($935k) | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Allowance for credit losses | $116k | ($207k) | $644k | $1.9m | ($1.1m) | ($169k) | ($770k) | — | |
| Software development costs | — | — | — | — | ($2.0m) | ($1.9m) | ($2.0m) | — | |
| Cash paid for acquisition of businesses, net of cash acquired | $0 | $0 | ($21.5m) | ($63.0m) | $0 | ($55.2m) | $0 | — | |
| Proceeds from revolving credit facility | — | $160.7m | $68.0m | $150.0m | $144.1m | $0 | $0 | — | |
| Payments on revolving credit facility | — | ($160.7m) | ($68.0m) | ($150.0m) | ($144.1m) | $0 | $0 | — | |
| Proceeds from issuance of short-term notes payable | — | $0 | $0 | $8.1m | $6.1m | $6.3m | $0 | — | |
| Payments of short-term notes payable | — | — | — | — | ($6.9m) | ($6.5m) | ($2.2m) | — | |
| Other, net | ($205k) | $253k | ($439k) | $320k | $562k | ($537k) | $761k | — | |
| Change in cash and cash equivalents | $32.9m | $68.1m | $150.5m | ($209.6m) | $121.9m | $18.5m | $133.1m | — | |
| Cash paid-interest | $79.2m | $68.5m | $46.8m | $51.5m | $75.7m | $68.5m | $59.8m | — | |
| Cash paid-income taxes | $13.0m | $12.0m | $62.5m | $99.4m | $16.4m | $35.9m | $26.4m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.