earnings
confidence high
sentiment positive
materiality 0.85
Hawkins posts record FY2024 EPS $3.59, operating cash flow $159.5M; completes four Water Treatment acquisitions
HAWKINS INC
2024-FY EPS reported
$3.59
revenue$919,162,000
- Record diluted EPS $3.59 for FY2024, up 26% from $2.86; Q4 EPS $0.66, up 20% YoY.
- FY2024 sales $919.2M (-2% YoY); Water Treatment segment sales up 19% to $363.3M, driven by four acquisitions.
- Record operating cash flow $159.5M (more than double FY2023); net debt reduced to $91.8M, leverage ratio 0.66x.
- Completed four Water Treatment acquisitions for $83M: EcoTech, Water Solutions, Miami Products, Industrial Research.
- FY2025 outlook: top line approaching $1B; Water Treatment expected to become largest segment; Industrial cautious.