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 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
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
Sep '21
$183M
$14M
20.3%
10.7%
5.0%
3.0%
$21M
$84M
$7M
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 33.1× (Sep '26).
The price-to-sales ratio has risen from 1.2× (Mar '23) to 2.5× (Sep '26).
The dividend yield has fallen from 1.2% (Mar '23) to 0.6% (Sep '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?
As of Sep '26, Hawkins Inc traded at a price-to-earnings ratio of about 33.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.