Hawkins, Inc. (HWKN) Key Metrics
HWKN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.75B
- Enterprise value
- $2.85B
- P/E (TTM)
- 34.1 10-yr median 18.8
- Forward P/E
- 29.5
- PEG ratio
- 2.46
- Price / sales
- 2.5 10-yr median 1.1
- Price / book
- 4.7 10-yr median 2.7
- EV / EBITDA
- 24.8 10-yr median 10.9
- Dividend yield
- 0.61% $0.80 a year
- Beta
- 0.74
HWKN key metrics, FY2017–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsHWKN valuation Price multiples at each fiscal year-end price.
HWKN returns How much profit the business earns on the capital it uses.
HWKN per-share figures Results divided by the shares outstanding at year-end.
HWKN financial health Debt, liquidity and how easily interest is covered.
HWKN efficiency & capital use Working capital cycle and where the cash goes.
HWKN valuation history
HWKN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
HWKN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
HWKN cash returned to shareholders
HWKN price vs earnings per share
HWKN key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $3.20B | $2.22B | $1.61B | $920.0M | $970.1M | $712.6M | $379.3M | $395.0M | $374.1M | $519.2M |
| Enterprise value | $3.46B | $2.38B | $1.72B | $1.03B | $1.10B | $820.2M | $443.8M | $470.4M | $469.8M | $615.0M |
| P/E ratio | 39.3 | 26.3 | 21.4 | 15.3 | 18.8 | 17.4 | 13.4 | 16.2 | — | 23.0 |
| Price / sales | 3.0 | 2.3 | 1.8 | 1.0 | 1.3 | 1.2 | 0.7 | 0.7 | 0.7 | 1.1 |
| Price / book | 6.0 | 4.8 | 4.0 | 2.6 | 3.2 | 2.7 | 1.6 | 1.8 | 1.8 | 2.4 |
| Price / free cash flow | 37.2 | 31.7 | 13.5 | 31.6 | 67.7 | 31.0 | 11.0 | 11.2 | 48.9 | 22.3 |
| Price / operating cash flow | 22.2 | 20.0 | 10.1 | 11.9 | 22.6 | 16.3 | 6.4 | 8.2 | 13.7 | 11.6 |
| EV / sales | 3.2 | 2.4 | 1.9 | 1.1 | 1.4 | 1.4 | 0.8 | 0.8 | 0.9 | 1.3 |
| EV / EBITDA | 19.7 | 14.9 | 12.5 | 9.0 | 11.5 | 10.3 | 7.0 | 8.0 | 44.2 | 10.3 |
| EV / free cash flow | 40.2 | 33.9 | 14.4 | 35.5 | 77.0 | 35.7 | 12.9 | 13.3 | 61.4 | 26.5 |
| Earnings yield | 2.5% | 3.8% | 4.7% | 6.5% | 5.3% | 5.8% | 7.5% | 6.2% | −2.5% | 4.3% |
| Free cash flow yield | 2.7% | 3.2% | 7.4% | 3.2% | 1.5% | 3.2% | 9.1% | 9.0% | 2.0% | 4.5% |
| Dividend yield | 0.5% | 0.7% | 0.8% | 1.3% | 1.1% | 1.4% | 2.6% | 3.0% | 2.4% | 1.7% |
| Shareholder yield (dividends + buybacks) | 0.6% | 1.7% | 1.7% | 2.2% | 2.2% | 2.0% | 4.2% | 4.2% | 2.4% | 1.8% |
| Share price at fiscal year-end | $153.60 | $105.92 | $76.80 | $43.78 | $45.90 | $33.52 | $17.80 | $18.41 | $17.57 | $24.50 |
| Per share | ||||||||||
| Revenue per share | $51.95 | $46.54 | $43.74 | $44.50 | $36.65 | $28.07 | $25.35 | $25.93 | $23.68 | $22.82 |
| Earnings per share | $3.91 | $4.03 | $3.59 | $2.86 | $2.44 | $1.93 | $1.33 | $1.14 | −$0.43 | $1.06 |
| Operating cash flow per share | $6.92 | $5.31 | $7.59 | $3.68 | $2.03 | $2.06 | $2.76 | $2.24 | $1.28 | $2.12 |
| Free cash flow per share | $4.13 | $3.34 | $5.68 | $1.38 | $0.68 | $1.08 | $1.61 | $1.65 | $0.36 | $1.10 |
| Cash per share | $0.19 | $0.24 | $0.34 | $0.36 | $0.17 | $0.14 | $0.20 | $0.43 | $0.23 | $0.32 |
| Book value per share | $25.60 | $21.98 | $19.32 | $16.66 | $14.32 | $12.48 | $10.96 | $10.16 | $9.50 | $10.28 |
| Tangible book value per share | $3.74 | $8.35 | $8.85 | $9.50 | $6.86 | $5.56 | $5.37 | $4.37 | $3.41 | $2.05 |
| Dividends per share | $0.75 | $0.70 | $0.63 | $0.57 | $0.52 | $0.47 | $0.46 | $0.56 | $0.43 | $0.41 |
| Capex per share | $2.79 | $1.96 | $1.91 | $2.30 | $1.35 | $0.98 | $1.15 | $0.59 | $0.93 | $1.02 |
| Debt per share | $12.53 | $7.77 | $5.15 | $5.73 | $6.45 | $5.20 | $3.23 | $3.94 | $4.73 | $4.84 |
| Shares outstanding | 20.9M | 20.9M | 21.0M | 21.0M | 21.1M | 21.3M | 21.3M | 21.5M | 21.3M | 21.2M |
| Change in shares outstanding | −0.4% | −0.4% | −0.0% | −0.6% | −0.6% | −0.2% | −0.7% | +0.8% | +0.4% | +0.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 16.4% | 19.5% | 19.9% | 18.4% | 18.2% | 16.4% | 12.6% | 11.6% | −4.4% | 10.8% |
| Return on invested capital (ROIC) | 12.2% | 15.8% | 16.0% | 14.3% | 13.0% | 12.2% | 10.3% | 9.1% | −3.0% | 7.8% |
| Return on assets (ROA) | 9.2% | 11.7% | 11.8% | 10.3% | 9.8% | 9.3% | 7.3% | 6.3% | −2.3% | 5.3% |
| Return on tangible assets | 14.9% | 17.4% | 16.6% | 13.3% | 12.6% | 12.3% | 10.2% | 9.3% | −3.5% | 9.2% |
| Free cash flow margin | 7.9% | 7.2% | 13.0% | 3.1% | 1.8% | 3.9% | 6.4% | 6.4% | 1.5% | 4.8% |
| Income quality (OCF / net income) | 1.77 | 1.32 | 2.12 | 1.29 | 0.83 | 1.07 | 2.08 | 1.96 | — | 1.99 |
| Financial health | ||||||||||
| Total debt | $261.5M | $162.6M | $108.3M | $120.3M | $136.4M | $110.6M | $68.8M | $84.6M | $100.6M | $102.6M |
| Cash & short-term investments | $3.9M | $5.1M | $7.2M | $7.6M | $3.5M | $3.0M | $4.3M | $9.2M | $5.0M | $6.9M |
| Net debt | $257.5M | $157.5M | $101.1M | $112.8M | $132.9M | $107.6M | $64.6M | $75.4M | $95.6M | $95.8M |
| Debt / equity | 0.49 | 0.35 | 0.27 | 0.34 | 0.45 | 0.42 | 0.29 | 0.39 | 0.50 | 0.47 |
| Debt / assets | 0.26 | 0.21 | 0.16 | 0.20 | 0.24 | 0.23 | 0.17 | 0.22 | 0.26 | 0.25 |
| Net debt / EBITDA | 1.47 | 0.99 | 0.74 | 0.98 | 1.39 | 1.34 | 1.02 | 1.29 | 9.00 | 1.61 |
| Current ratio | 2.21 | 2.15 | 1.96 | 2.55 | 2.24 | 2.31 | 2.11 | 2.52 | 2.23 | 2.17 |
| Quick ratio | 1.46 | 1.37 | 1.24 | 1.58 | 1.31 | 1.41 | 1.23 | 1.42 | 1.24 | 1.25 |
| Interest coverage | 8.5 | 22.2 | 24.3 | 16.8 | 50.7 | 38.1 | 16.6 | 11.0 | -3.5 | 14.6 |
| Working capital | $126.6M | $123.6M | $99.5M | $141.2M | $126.3M | $92.5M | $68.8M | $84.0M | $74.4M | $65.2M |
| Invested capital | $791.6M | $617.8M | $507.1M | $462.8M | $435.5M | $372.8M | $298.0M | $293.2M | $297.9M | $313.6M |
| Tangible asset value | $78.1M | $174.8M | $186.0M | $199.6M | $145.0M | $118.2M | $114.4M | $93.7M | $72.6M | $43.4M |
| Net current asset value | −$236.2M | −$78.9M | −$64.3M | −$20.3M | −$37.0M | −$53.2M | −$31.7M | −$28.3M | −$53.8M | −$79.8M |
| Graham number | $47.45 | $44.64 | $39.48 | $32.72 | $28.03 | $23.26 | $18.12 | $16.13 | — | $15.69 |
| Graham net-net per share | −$15.30 | −$7.72 | −$6.51 | −$4.92 | −$5.75 | −$5.32 | −$3.79 | −$3.73 | −$4.90 | −$5.87 |
| Capital allocation | ||||||||||
| Dividends paid | $15.7M | $14.6M | $13.2M | $12.0M | $11.1M | $10.0M | $9.8M | $12.0M | $9.2M | $8.7M |
| Share buybacks (net) | $3.0M | $23.2M | $13.4M | $8.1M | $10.0M | $4.2M | $6.2M | $4.6M | $0 | $631,000 |
| Dividend payout ratio | 19.2% | 17.4% | 17.6% | 20.0% | 21.5% | 24.5% | 34.6% | 49.0% | — | 38.5% |
| Dividends + buybacks / free cash flow | 21.7% | 54.1% | 22.3% | 69.1% | 147.1% | 61.8% | 46.6% | 46.9% | 119.8% | 40.1% |
| Capex / revenue | 5.4% | 4.2% | 4.4% | 5.2% | 3.7% | 3.5% | 4.5% | 2.3% | 3.9% | 4.5% |
| Capex / operating cash flow | 40.4% | 37.0% | 25.2% | 62.4% | 66.6% | 47.5% | 41.7% | 26.3% | 72.0% | 48.2% |
| Capex / depreciation | 1.11 | 1.03 | 1.26 | 1.76 | 1.18 | 0.92 | 1.14 | 0.58 | 0.88 | 1.04 |
| Stock-based compensation / revenue | 0.8% | 0.7% | 0.5% | 0.4% | 0.5% | 0.6% | 0.4% | 0.4% | 0.3% | 0.4% |
| SG&A / revenue | 11.4% | 10.9% | 9.7% | 8.2% | 9.7% | 11.4% | 11.0% | 10.6% | 11.8% | 12.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 46.4 | 46.7 | 48.4 | 49.2 | 50.3 | 48.4 | 44.6 | 42.9 | 45.1 | 46.8 |
| Days of inventory on hand | 34.3 | 37.9 | 41.1 | 43.6 | 46.2 | 45.6 | 47.7 | 47.7 | 48.5 | 46.9 |
| Days payables outstanding | 25.7 | 28.2 | 27.7 | 28.5 | 30.2 | 27.6 | 26.4 | 24.9 | 27.6 | 28.3 |
| Cash conversion cycle (days) | 55.0 | 56.4 | 61.8 | 64.2 | 66.3 | 66.4 | 65.9 | 65.6 | 66.0 | 65.3 |
| Receivables turnover | 7.87 | 7.82 | 7.54 | 7.42 | 7.25 | 7.55 | 8.19 | 8.52 | 8.08 | 7.81 |
| Payables turnover | 14.21 | 12.96 | 13.18 | 12.79 | 12.08 | 13.24 | 13.85 | 14.68 | 13.21 | 12.88 |
| Inventory turnover | 10.64 | 9.63 | 8.88 | 8.38 | 7.91 | 8.00 | 7.65 | 7.66 | 7.52 | 7.79 |
| Asset turnover | 1.22 | 1.35 | 1.44 | 1.60 | 1.48 | 1.36 | 1.38 | 1.43 | 1.25 | 1.13 |
| Average receivables | $137.7M | $124.6M | $121.9M | $126.0M | $106.8M | $79.1M | $65.9M | $65.3M | $62.4M | $62.0M |
| Average payables | $60.5M | $58.8M | $55.0M | $60.2M | $52.0M | $35.7M | $31.7M | $31.4M | $31.6M | $29.9M |
| Average inventory | $80.9M | $79.1M | $81.7M | $91.9M | $79.4M | $59.1M | $57.5M | $60.1M | $55.5M | $49.5M |
| Intangibles / total assets | 45.5% | 37.1% | 32.7% | 25.0% | 27.8% | 30.6% | 30.1% | 32.2% | 33.2% | 41.7% |
Computed from HWKN's annual financial statements (latest annual report filed May 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
HWKN valuation and financial ratios
At the end of fiscal 2026 (March 31, 2026), Hawkins traded at 39.3 times earnings, against a 10-year median of 18.8. Based on the latest twelve months, the trailing P/E is 34.1 and the forward P/E is 29.5. Hawkins earned a return on equity of 16.4% and a return on invested capital of 12.2% in fiscal 2026. It ended the year with $261.5 million of debt and $3.9 million in cash and short-term investments, net debt of $257.5 million. It returned $18.7 million to shareholders: $15.7 million in dividends and $3.0 million in share buybacks, 22% of free cash flow.
See the HWKN income statement, the HWKN chart for price history, or the HWKN stock overview for the latest quote and news.
HWKN key metrics FAQ
What is Hawkins's P/E ratio?
Hawkins's trailing P/E ratio is 34.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 29.5. At the end of fiscal 2026 it was 39.3, compared with a 10-year median of 18.8.
What is Hawkins's EV/EBITDA?
Hawkins's enterprise value was 19.7 times EBITDA at the end of fiscal 2026 (enterprise value $3.5 billion, EBITDA $175.4 million); the current EV/EBITDA is 24.8.
What is Hawkins's return on equity?
Hawkins's return on equity (ROE) was 16.4% in fiscal 2026: net income of $81.5 million on average shareholders' equity of $497.2 million.
What is Hawkins's ROIC?
Hawkins's return on invested capital was 12.2% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Hawkins have?
Hawkins had total debt of $261.5 million at the end of fiscal 2026, a debt-to-equity ratio of 0.49 and $257.5 million of net debt (1.47 times EBITDA).
What is Hawkins's dividend yield?
Hawkins's forward dividend yield is 0.61%. Hawkins paid $15.7 million in dividends in fiscal 2026 ($0.75 per share), a payout ratio of 19.2%.
Does Hawkins buy back its shares?
Yes. Hawkins spent $3.0 million on net share repurchases in fiscal 2026 Shares outstanding changed −0.4% over the year, to 20.9M..
What is Hawkins's free cash flow yield?
Hawkins generated $86.1 million of free cash flow in fiscal 2026, a free cash flow yield of 2.7% on its market value at year-end ($3.2 billion).
What is Hawkins's current ratio?
Hawkins's current ratio was 2.21 at the end of fiscal 2026: current assets were 2.21 times current liabilities.