HWKN Financials Hawkins Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Oct 29, 2026, 11:13 UTC Overview →

Growth & profitability

Revenue has grown 12.7% per year over the past 5 years.
Net income has grown faster than revenue (14.8% vs 12.7% per year).
Operating margin has expanded, at 11.2% in the latest year.
Free cash flow has grown 30.2% per year over the past 5 years.

Financial health

Total debt ($244M) exceeds cash ($4M); net debt is $240M.
Total debt has grown faster than revenue (19.8% vs 12.7% per year).
Total debt is 1.4× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 19.2% of earnings and 18.2% of free cash flow.
The dividend has grown 9.3% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$1.1B	$82M	22.6%	11.2%	15.3%	8.3%	$86M	$244M	$4M
2025	$974M	$84M	23.1%	12.2%	18.3%	11.0%	$70M	$149M	$5M
2024	$919M	$75M	21.1%	11.3%	18.6%	11.5%	$119M	$99M	$7M
2023	$935M	$60M	17.7%	9.4%	17.2%	10.2%	$29M	$112M	$8M
2022	$775M	$52M	18.9%	9.2%	17.0%	9.1%	$14M	$126M	$3M
2021	$597M	$41M	20.7%	9.4%	15.4%	8.7%	$23M	$99M	$3M
2020	$540M	$28M	18.7%	7.7%	12.1%	7.3%	$34M	$60M	$4M
2019	$556M	$24M	17.2%	6.6%	11.2%	6.3%	$35M	$85M	$9M
2018	$504M	-$9M	17.2%	-2.3%	-4.5%	-2.3%	$8M	$101M	—
2017	—	$23M	—	—	10.4%	5.4%	$23M	$103M	—
2016	—	$18M	—	—	9.0%	4.2%	$12M	$130M	—
2015	—	$19M	—	—	9.9%	7.7%	$6M	$0	—
2014	—	$18M	—	—	9.9%	7.6%	$22M	—	—
2013	—	$17M	—	—	10.1%	7.7%	$9M	—	—
2012	—	$23M	—	—	14.5%	11.1%	$14M	—	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$314M	$28M	24.4%	13.4%	4.9%	2.7%	—	$229M	$7M
Jun '26	$316M	$28M	23.4%	12.3%	5.2%	2.8%	$24M	$244M	$8M
Mar '26	$266M	$15M	20.4%	8.8%	2.9%	1.6%	$18M	$244M	$4M
Dec '25	$244M	$14M	20.8%	9.2%	2.8%	1.5%	$21M	$264M	$8M
Sep '25	$280M	$23M	24.1%	12.1%	4.5%	2.3%	$29M	$279M	$10M
Jun '25	$293M	$29M	24.7%	14.1%	6.0%	3.0%	$18M	$299M	$15M
Mar '25	$245M	$16M	21.3%	10.0%	3.5%	2.1%	$20M	$149M	$5M
Dec '24	$226M	$15M	21.4%	9.3%	3.3%	2.1%	$12M	$114M	$8M
Sep '24	$247M	$24M	24.4%	13.7%	5.4%	3.5%	$31M	$104M	$8M
Jun '24	$256M	$29M	25.3%	15.6%	6.9%	4.1%	$7M	$134M	$9M
Mar '24	$223M	$14M	20.4%	9.0%	3.4%	2.1%	$30M	$99M	$7M
Dec '23	$208M	$15M	20.3%	8.9%	3.8%	2.3%	$14M	$120M	$6M
Oct '23	$237M	$23M	22.8%	13.9%	6.1%	4.0%	$49M	$60M	$11M
Jul '23	$251M	$23M	20.7%	12.9%	6.3%	4.0%	$27M	$89M	$7M
Apr '23	$228M	$12M	15.7%	8.1%	3.3%	2.0%	$17M	$112M	$8M
Jan '23	$219M	$11M	16.5%	7.0%	3.1%	1.8%	$14M	$131M	$6M
Oct '22	$241M	$18M	19.2%	11.0%	5.4%	3.0%	$19M	$141M	$4M
Jul '22	$247M	$20M	19.0%	11.3%	6.3%	3.3%	-$21M	$160M	$6M
Apr '22	$223M	$11M	16.3%	6.8%	3.5%	1.9%	-$9M	$126M	$3M
Dec '21	$187M	$10M	18.1%	7.6%	3.5%	2.0%	-$10M	$116M	$23M

Valuation over time

How the market has priced HWKN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 17.7× (Mar '23) to 38.9× (Nov '26).
The price-to-sales ratio has risen from 1.2× (Mar '23) to 2.9× (Nov '26).
The dividend yield has fallen from 1.2% (Mar '23) to 0.5% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is HWKN growing its revenue and profit?

Over the past 5 years, Hawkins Inc's revenue has grown 12.7% per year, and net income grown 14.8% per year. These are computed facts, not advice.

How much debt does HWKN have?

As of FY2026, Hawkins Inc reported $244M of total debt against $4M of cash.

What is HWKN's profit margin?

In FY2026, gross margin was 22.6%, operating margin 11.2%, and net margin 7.5%.

What is HWKN's P/E ratio?

Hawkins Inc's P/E (TTM) is 37.00 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the HWKN stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 38.9× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.