Hayward Holdings' revenue and expenses in Q4 2024 showed a business-focused trend, with a significant revenue stream from the Residential Pool segment. Here's a detailed analysis:
- Revenue Trend:
- Hayward Holdings generated a total revenue of $952.23 million in Q4 20241.
- The majority of this revenue came from the Residential Pool segment, which contributed $652.7 million.
- The Industrial Flow Control segment contributed $49.79 million, while the Commercial Pool segment contributed $37.58 million.
- The remaining revenue was generated from the Industrial Flow Control segment, with $34.26 million coming from the Commercial Pool segment.
- Expense Trend:
- Operating expenses, research and development expenses, and selling, general, and administrative expenses totaled $80.63 million1.
- These expenses are essential for the company's operations and are critical for maintaining a healthy profit margin.
- The company's net income for the quarter was $54.73 million1, indicating that the revenue exceeded expenses, contributing to a positive financial performance.
In conclusion, Hayward Holdings demonstrated a strong revenue performance in Q4 2024, with the Residential Pool segment being the primary revenue generator. The company managed its expenses effectively, resulting in a healthy net income. This trend suggests a stable and profitable financial period for the company.