Hawkins Inc (HWKN)

Hawkins, Inc. operates as a water treatment and specialty ingredients company in the United States. The company operates through three segments: Water Treatment, Food and Health Sciences, and Industrial Solutions. The Water Treatment segment provides chemicals, filtration media and systems, equipment, services and solutions for potable water, municipal and industrial wastewater, industrial process water, non-residential swimming pool water, and agricultural water. This segment also sells and services equipment, including tanks, valves, and pumps. The Food and Health Sciences segment provide ingredient distribution, processing, and formulation solutions, such as base chemistry, acid-based reactions, minerals, vitamins and amino acids, excipients, botanicals and herbs, sweeteners and enzymes, fertilizers, and food-grade and pharmaceutical salts and ingredients to nutrition, food, pharmaceutical, and agricultural markets. The Industrial Solutions segment offers industrial chemicals, products, and services such as acids and alkalis, liquid caustic soda, sulfuric acid, hydrochloric acid, urea, phosphoric acid, aqua ammonia, and potassium hydroxide to industrial manufacturing, chemical processing, electronics, energy, plating, and surface finishing industries. It also repackages water treatment chemicals and bulk industrial chemicals; and performs custom blending of chemicals. Hawkins, Inc. was founded in 1938 and is headquartered in Roseville, Minnesota.

Symbol
HWKN
Exchange
Nasdaq
Sector
Basic Materials
Industry
Specialty Chemicals
Market cap
$2.57B
52 week range
116.05 - 186.15

Valuation

Share price
$123.99 (close of 2026-09-23)
P/E (TTM)
31.96x
Price to book
4.69x
Price to free cash flow
28.05x
Enterprise value
$2.82B
Book value per share
$26.43

Price performance

PeriodChange
1 day-1.12%
5 days+2.06%
1 month+4.20%
3 months-24.11%
6 months-11.90%
Year to date-12.72%
1 year-27.65%
3 years+109.30%
5 years+258.15%
10 years+483.48%
All time+13989.77%

Profitability and growth

Return on equity
15.27%
Return on invested capital
11.81%
Return on assets
8.27%
Return on capital employed
13.76%
Gross margin
22.61%
Net margin
7.52%
EBITDA margin
16.04%
Revenue growth
11.21%
Net income growth
-3.32%
Free cash flow growth
22.98%

Cash flow and balance sheet

Free cash flow yield (TTM)
3.56%
Current ratio
2.27x
Net debt to EBITDA
1.45x

Latest reported year

Period end
2026-03-29
Fiscal year
2026
Revenue
$1.08B
Cost of revenue
$838.64M
Gross profit
$245.06M
EBITDA
$173.84M
Net income
$81.55M
Earnings per share
$3.93
Shares outstanding
20.74M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-03-29$1.08B$245.06M$81.55M$3.93
2025-03-30$974.43M$225.54M$84.34M$4.05
2024-03-31$919.16M$193.64M$75.36M$3.61
2023-04-02$935.10M$165.12M$60.04M$2.88
2022-04-03$774.54M$146.52M$51.54M$2.46
2021-03-28$596.87M$123.76M$40.98M$1.95
2020-03-29$540.20M$100.92M$28.37M$1.34
2019-03-31$556.33M$95.94M$24.43M$1.15
2018-04-01$504.17M$86.76M$-9.18M$-0.43
2017-04-02$483.59M$98.07M$22.55M$1.07

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-03-2922.61%7.52%15.27%11.81%
2025-03-3023.15%8.66%18.32%14.42%
2024-03-3121.07%8.20%18.56%15.43%
2023-04-0217.66%6.42%17.15%14.18%
2022-04-0318.92%6.65%17.03%12.12%
2021-03-2820.74%6.87%15.45%11.00%
2020-03-2918.68%5.25%12.15%10.43%
2019-03-3117.24%4.39%11.21%9.45%
2018-04-0117.21%-1.82%-4.54%-1.97%
2017-04-0220.28%4.66%10.35%8.04%

Cash and debt by year

Period endCashDebt
2026-03-29$3.91M$244.00M
2025-03-30$5.10M$149.00M
2024-03-31$7.15M$88.82M
2023-04-02$7.57M$101.73M
2022-04-03$3.50M$115.64M
2021-03-28$3.00M$88.84M
2020-03-29$4.28M$49.75M
2019-03-31$9.20M$74.66M
2018-04-01$4.99M$90.76M
2017-04-02$6.86M$94.63M

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-03-29$86.09M$8.57M
2025-03-30$70.00M$6.50M
2024-03-31$119.35M$4.88M
2023-04-02$29.08M$3.83M
2022-04-03$14.32M$3.82M
2021-03-28$23.00M$3.34M
2020-03-29$34.35M$2.27M
2019-03-31$35.37M$2.01M
2018-04-01$7.65M$1.37M
2017-04-02$23.24M$2.13M

Dividend history

Most recent payment
2026-08-14
Paid in the last twelve months
$0.77
Payment dateDividend per share
2026-08-14$0.20
2026-05-29$0.19
2026-02-13$0.19
2025-11-14$0.19
2025-08-15$0.19
2025-05-30$0.18
2025-02-14$0.18
2024-11-15$0.18

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$1.22

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-29Jun/2026$1.41
2026-05-13--
2026-01-28--
2025-10-29--
2025-07-30--
2025-05-14--
2025-01-29--
2024-10-30--

Filings and sources

Company website
hawkinsinc.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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