SequelSEC

HAWKINS INC HWKN

Wholesale-Chemicals & Allied Products · CIK 0000046250 · Fiscal year ends 0328

Revenue
$1.08B
Fiscal year ended 2026-03-29
Operating income
$121.29M
Fiscal year ended 2026-03-29
Free cash flow
$86.09M
Fiscal year ended 2026-03-29

Valuation, from the filing

Public float$3.55BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-09-28
Float per share$170.10Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income43.5×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue3.3×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity6.6×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-09-28, not today, and each multiple below it uses the figures for the fiscal year ending 2026-03-29 — the year that filing covered.

Valuation over time

43.5× earnings today, against a median of 15.8× across 9 years on record. Above its own history.

Float measuredPublic floatFloat / net income
2025-09-28$3.55B43.5×
2024-09-27$2.52B29.9×
2023-10-01$1.19B15.8×
2022-10-02$787.10M13.1×
2021-09-26$706.80M13.7×
2020-09-27$433.20M10.6×
2019-09-29$405.00M14.3×
2018-09-30$400.20M16.4×
2016-10-02$409.30M18.1×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

HAWKINS INC (HWKN) reported revenue of $1.08B and net income of $81.55M for the fiscal year ended 2026-03-29. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from HAWKINS INC’s SEC filings, each linked to the filing it came from.

Income

HAWKINS INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-03-292025-03-302024-03-312023-04-022022-04-032021-03-282020-03-292019-03-312018-04-012017-04-02
Revenue$1.08B$974.43M$919.16M$935.10M$774.54M$596.87M$540.20M$556.33M$504.17M$483.59M
Cost of revenue$838.64M$748.89M$725.53M$769.98M$628.02M$473.11M$439.28M$460.39M$417.41M$385.52M
Gross profit$245.06M$225.54M$193.64M$165.12M$146.52M$123.76M$100.92M$95.94M$86.76M$98.07M
Operating income$121.29M$119.17M$104.04M$88.15M$71.19M$55.88M$41.67M$36.82M-$11.76M$38.69M
Net income$81.55M$84.34M$75.36M$60.04M$51.54M$40.98M$28.37M$24.43M-$9.18M$22.56M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 20.86Mshares 20.94Mshares 21.01Mshares 21.01Mshares 21.14Mshares 21.26Mshares 21.31Mshares 21.45Mshares 10.64Mshares 10.60M
Pretax income$109.34M$114.38M$101.14M$82.58M$69.98M$55.85M$38.96M$33.53M-$15.08M$36.05M
Income tax expense$27.79M$30.04M$25.78M$22.54M$18.44M$14.87M$10.59M$9.10M-$5.90M$13.49M
Diluted EPS$3.91$4.03$3.59$2.86$2.44$1.93$1.33$1.14$-0.86$2.13
Selling, general & administrative$123.76M$106.36M$89.60M$76.97M$75.33M$67.88M$59.25M$59.12M$59.40M$59.38M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

HAWKINS INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-03-292025-03-302024-03-312023-04-022022-04-032021-03-282020-03-292019-03-312018-04-012017-04-02
Cash & equivalents$3.91M$5.10M$7.15M$7.57M$3.50M$3.00M$4.28M$9.20M$4.99M$6.86M
Total assets$986.29M$770.05M$657.93M$590.54M$567.33M$472.55M$389.33M$385.60M$390.99M$418.58M
Current assets$231.46M$230.69M$202.83M$232.04M$227.74M$163.01M$131.03M$139.41M$134.98M$120.92M
Total liabilities$452.28M$309.76M$251.91M$240.52M$264.73M$207.30M$155.84M$167.74M$188.74M$200.76M
Current liabilities$104.84M$97.22M$103.31M$90.87M$101.47M$70.46M$62.22M$55.40M$60.57M$55.67M
Total equity incl. NCI$534.01M$460.29M$406.03M$350.02M$302.60M$265.25M$233.48M$217.86M$202.25M$217.83M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$78.20M$83.51M$74.60M$88.78M$94.98M$63.86M$54.44M$60.48M$59.74M$51.25M
Accounts receivable$139.80M$131.80M$114.48M$129.25M$122.83M$90.60M$67.39M$63.97M$63.51M$57.30M
Goodwill$223.04M$135.41M$103.40M$77.40M$77.40M$70.72M$58.44M$58.44M$58.44M$97.56M
Long-term debt$244.00M$149.00M$88.82M$101.73M$115.64M$88.84M$49.75M$74.66M$90.76M$94.63M
Accounts payable$59.84M$61.20M$56.39M$53.70M$66.69M$37.31M$34.13M$29.31M$33.42M$29.76M

Cash flow

HAWKINS INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-03-292025-03-302024-03-312023-04-022022-04-032021-03-282020-03-292019-03-312018-04-012017-04-02
Operating cash flow$144.33M$111.10M$159.50M$77.40M$42.84M$43.79M$58.90M$47.99M$27.35M$44.86M
Capital expenditures$58.24M$41.10M$40.15M$48.32M$28.51M$20.79M$24.55M$12.62M$19.70M$21.62M
Investing cash flow-$224.10M-$127.95M-$122.50M-$41.23M-$49.76M-$71.43M-$24.20M-$12.34M-$19.34M-$23.49M
Financing cash flow$78.58M$14.81M-$37.41M-$32.10M$7.42M$26.36M-$39.62M-$31.44M-$9.88M-$34.52M
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailable-$1.28M-$4.92M$4.21M-$1.87M-$13.15M
Stock-based compensation$8.57M$6.50M$4.88M$3.82M$3.82M$3.34M$2.27M$2.01M$1.37M$2.13M
Common dividends paid$15.66M$14.64M$13.24M$12.00M$11.06M$10.03M$9.82M$11.98M$9.16M$8.68M
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$52.54M$39.95M$31.80M$27.44M$24.13M$22.67M$21.58M$21.76M$22.39M$20.88M

Derived

HAWKINS INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-03-292025-03-302024-03-312023-04-022022-04-032021-03-282020-03-292019-03-312018-04-012017-04-02
Free cash flow$86.09M$70.00M$119.35M$29.08M$14.32M$23.00M$34.35M$35.37M$7.65M$23.24M
Gross margin22.6%23.1%21.1%17.7%18.9%20.7%18.7%17.2%17.2%20.3%
Operating margin11.2%12.2%11.3%9.4%9.2%9.4%7.7%6.6%-2.3%8.0%
FCF margin7.9%7.2%13.0%3.1%1.8%3.9%6.4%6.4%1.5%4.8%
SBC / revenue0.8%0.7%0.5%0.4%0.5%0.6%0.4%0.4%0.3%0.4%
Current ratio2.21x2.37x1.96x2.55x2.24x2.31x2.11x2.52x2.23x2.17x
Revenue YoY growth11.2%6.0%-1.7%20.7%29.8%10.5%-2.9%10.3%4.3%Unavailable
Net margin7.5%8.7%8.2%6.4%6.7%6.9%5.3%4.4%-1.8%4.7%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue5.4%4.2%4.4%5.2%3.7%3.5%4.5%2.3%3.9%4.5%
Long-term debt / equity0.46xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate25.4%26.3%25.5%27.3%26.3%26.6%27.2%27.1%Unavailable37.4%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HWKN in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-26View SEC filing
10-Q · Filed 2026-07-29View SEC filing
10-K · Filed 2026-05-13View SEC filing
10-Q · Filed 2026-01-28View SEC filing
10-Q · Filed 2025-10-29View SEC filing
10-Q · Filed 2025-07-30View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.