Hawkins, Inc.

NasdaqGS:HWKN Stock Report

Market Cap: US$3.5b

Hawkins Past Earnings Performance

Past criteria checks 3/6

Hawkins has been growing earnings at an average annual rate of 15.5%, while the Chemicals industry saw earnings declining at 3.8% annually. Revenues have been growing at an average rate of 10.1% per year. Hawkins's return on equity is 15.9%, and it has net margins of 7.8%.

Key information

15.48%

Earnings growth rate

15.71%

EPS growth rate

Chemicals Industry Growth12.93%
Revenue growth rate10.06%
Return on equity15.88%
Net Margin7.75%
Next Earnings Update13 May 2026

Recent past performance updates

Recent updates

Seeking Alpha Jan 29

Hawkins Inc.: Long Runway Of Potential Acquisitions It Could Compound Well

Summary Giverny Capital Asset Management bought a small position in November at roughly $124 and the stock ended the year higher, amounting to a 2% weight. A brief price correction in the fall gave us an opportunity and we acted. The Water Treatment segment now exceeds 60% of the company's operating profit and overall returns on equity have climbed from roughly 11% in 2019 to 20%. Since 2020, it has closed almost 20 acquisitions of regional water businesses yet still has only a low single-digit market share of this very fragmented market. Hawkins has only a $3 billion market cap and we think that with its long runway of potential acquisitions it could compound well for some time. Read the full article on Seeking Alpha
Analysis Article Nov 02

Hawkins, Inc. Just Missed EPS By 13%: Here's What Analysts Think Will Happen Next

It's been a mediocre week for Hawkins, Inc. ( NASDAQ:HWKN ) shareholders, with the stock dropping 15% to US$142 in the...
Analysis Article Oct 20

Getting In Cheap On Hawkins, Inc. (NASDAQ:HWKN) Is Unlikely

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...
Analysis Article Jul 18

Hawkins, Inc.'s (NASDAQ:HWKN) Business Is Yet to Catch Up With Its Share Price

Hawkins, Inc.'s ( NASDAQ:HWKN ) price-to-earnings (or "P/E") ratio of 40.5x might make it look like a strong sell right...
Analysis Article Jul 06

We Like These Underlying Return On Capital Trends At Hawkins (NASDAQ:HWKN)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article Jun 24

Estimating The Fair Value Of Hawkins, Inc. (NASDAQ:HWKN)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Hawkins fair value estimate is US$120 Hawkins' US$140 share...
Analysis Article Jun 11

At US$136, Is Hawkins, Inc. (NASDAQ:HWKN) Worth Looking At Closely?

Hawkins, Inc. ( NASDAQ:HWKN ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article May 17

Here's What Analysts Are Forecasting For Hawkins, Inc. (NASDAQ:HWKN) After Its Yearly Results

Investors in Hawkins, Inc. ( NASDAQ:HWKN ) had a good week, as its shares rose 2.6% to close at US$123 following the...
Analysis Article May 06

Hawkins (NASDAQ:HWKN) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Mar 17

Hawkins: Doing Fine, Still Too Expensive

Summary Hawkins, Inc. has seen impressive growth, doubling sales to nearly $1 billion since 2017, as shares have been awarded premium multiples in 2024. The company operates in three segments: industrial chemicals, water treatment, and health & nutrition, with water treatment now making up nearly 50% of sales. Despite a resilient performance and strategic acquisitions, shares still trade at demanding multiples; I see real appeal for HWKN shares only below the $100 mark. I remain cautious, seeking entry points around $90 or $80, as current valuations are too high despite the company's solid performance and growth potential. Read the full article on Seeking Alpha
Analysis Article Mar 07

Hawkins, Inc.'s (NASDAQ:HWKN) Share Price Not Quite Adding Up

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 17x, you may...
Analysis Article Feb 12

Estimating The Fair Value Of Hawkins, Inc. (NASDAQ:HWKN)

Key Insights Hawkins' estimated fair value is US$97.06 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Jan 31

Does Hawkins (NASDAQ:HWKN) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jan 15

Does Hawkins (NASDAQ:HWKN) Deserve A Spot On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jan 03

Hawkins' (NASDAQ:HWKN) Returns On Capital Are Heading Higher

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Nov 27

Hawkins, Inc.'s (NASDAQ:HWKN) Price Is Out Of Tune With Earnings

Hawkins, Inc.'s ( NASDAQ:HWKN ) price-to-earnings (or "P/E") ratio of 35.1x might make it look like a strong sell right...
Analysis Article Oct 14

Does Hawkins (NASDAQ:HWKN) Deserve A Spot On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Oct 01

Hawkins (NASDAQ:HWKN) Is Experiencing Growth In Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Seeking Alpha Sep 30

Hawkins: Runaway Momentum For This Impressive Performer

Summary Hawkins, Inc. has doubled its business and expanded margins since 2017, with sales now approaching a billion. The company operates in three segments: industrial applications, water treatment, and health & nutrition. Recent share price momentum has been driven by valuation multiple inflation and resilient results, with shares trading up 75% since May. I admire Hawkins' long-term value creation, but a 25 times current earnings multiple amidst historically high margins makes me very cautious to get involved. Read the full article on Seeking Alpha
Analysis Article Sep 04

These 4 Measures Indicate That Hawkins (NASDAQ:HWKN) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 03

Hawkins, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Shareholders of Hawkins, Inc. ( NASDAQ:HWKN ) will be pleased this week, given that the stock price is up 13% to US$121...
Analysis Article Aug 02

Hawkins, Inc.'s (NASDAQ:HWKN) Shares Climb 37% But Its Business Is Yet to Catch Up

Despite an already strong run, Hawkins, Inc. ( NASDAQ:HWKN ) shares have been powering on, with a gain of 37% in the...
Seeking Alpha Jul 15

Hawkins: Management Redeploying Capital At An Advantage, Initiate Buy

Summary Hawkins is a leading specialty chemical company with operations in industrial, water treatment, and health and nutrition sectors. The company's prioritization of acquiring water utility assets has led to higher ROICs and a new runway for capital deployment. Valuations support a buy rating for HWKN, with potential for significant earnings growth by FY'26E. Read the full article on Seeking Alpha
Analysis Article Jun 29

Should You Be Adding Hawkins (NASDAQ:HWKN) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jun 05

Hawkins (NASDAQ:HWKN) Is Looking To Continue Growing Its Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Apr 25

We Think Hawkins (NASDAQ:HWKN) Can Stay On Top Of Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Feb 18

Should You Be Adding Hawkins (NASDAQ:HWKN) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jan 24

Hawkins, Inc. (NASDAQ:HWKN) Investors Are Less Pessimistic Than Expected

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 16x, you may...
Analysis Article Jan 04

Hawkins (NASDAQ:HWKN) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 13

Hawkins (NASDAQ:HWKN) Is Achieving High Returns On Its Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Nov 10

Hawkins' (NASDAQ:HWKN) Dividend Will Be Increased To $0.16

Hawkins, Inc. ( NASDAQ:HWKN ) has announced that it will be increasing its dividend from last year's comparable payment...

Revenue & Expenses Breakdown

How Hawkins makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:HWKN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
28 Dec 251,063821200
28 Sep 251,045831210
29 Jun 251,012851130
30 Mar 25974841060
29 Dec 24952821030
29 Sep 24934821000
30 Jun 2492481950
31 Mar 2491975900
31 Dec 2392473810
01 Oct 2393569790
02 Jul 2394064780
02 Apr 2393560770
01 Jan 2393059810
02 Oct 2289858800
03 Jul 2284055770
03 Apr 2277552750
26 Dec 2171550730
26 Sep 2167048710
27 Jun 2163546700
28 Mar 2159741680
27 Dec 2056637640
27 Sep 2054433610
28 Jun 2053630590
29 Mar 2054028590
29 Dec 1954127590
29 Sep 1954927590
30 Jun 1955425590
31 Mar 1955624590
30 Dec 18550-17590
30 Sep 18540-4590
01 Jul 18520-6590
01 Apr 18504-9590
31 Dec 1749632540
01 Oct 1749019550
02 Jul 1748621550
02 Apr 1748423590
01 Jan 1749423590
02 Oct 1647120540
03 Jul 1644419500
03 Apr 1641418450
27 Dec 1537817400
27 Sep 1537320390
28 Jun 1536720370

Quality Earnings: HWKN has high quality earnings.

Growing Profit Margin: HWKN's current net profit margins (7.8%) are lower than last year (8.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: HWKN's earnings have grown by 15.5% per year over the past 5 years.

Accelerating Growth: HWKN's earnings growth over the past year (0.7%) is below its 5-year average (15.5% per year).

Earnings vs Industry: HWKN earnings growth over the past year (0.7%) exceeded the Chemicals industry 0.7%.


Return on Equity

High ROE: HWKN's Return on Equity (15.9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 01:01
End of Day Share Price 2026/05/11 00:00
Earnings2025/12/28
Annual Earnings2025/03/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hawkins, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hamed KhorsandBWS Financial Inc.
Jonathan TanwantengCJS Securities, Inc.
Justin AgesCJS Securities, Inc.