Hayward (HAYW)
Market Price (9/11/2026): $12.88 | Market Cap: $2.8 BilSector: Industrials | Industry: Electrical Components & Equipment
Hayward (HAYW)
Market Price (9/11/2026): $12.88Market Cap: $2.8 BilSector: IndustrialsIndustry: Electrical Components & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.8%, FCF Yield is 7.3% Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 21% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17% Low stock price volatilityVol 12M is 33% Megatrend and thematic driversMegatrends include Water Infrastructure, Electrification of Everything, and Smart Buildings & Proptech. Themes include Water Treatment & Delivery, Show more. | Weak multi-year price returns2Y Excs Rtn is -47%, 3Y Excs Rtn is -78% | Key risksHAYW key risks include [1] potential substantial liability from an ongoing securities fraud lawsuit alleging "channel-stuffing" and [2] an estimated $85 million annual cost from a potential 145% tariff on its Chinese imports. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.8%, FCF Yield is 7.3% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 21% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17% |
| Low stock price volatilityVol 12M is 33% |
| Megatrend and thematic driversMegatrends include Water Infrastructure, Electrification of Everything, and Smart Buildings & Proptech. Themes include Water Treatment & Delivery, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -47%, 3Y Excs Rtn is -78% |
| Key risksHAYW key risks include [1] potential substantial liability from an ongoing securities fraud lawsuit alleging "channel-stuffing" and [2] an estimated $85 million annual cost from a potential 145% tariff on its Chinese imports. |
Qualitative Assessment
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Updated on 9/10/2026
Hayward (HAYW) stock has lost about 10% since 5/31/2026 because of the following key factors:
1. Impact of Geopolitical Conflicts on International Sales.
Hayward's Europe and Rest of World segment experienced an 8% decrease in net sales during fiscal Q2 2026, which ended on June 27, 2026. This decline in volume was primarily driven by the impact of geopolitical conflicts in the Middle East.
2. Persistent Inflationary and Tariff Pressures on Margins.
Despite achieving positive net pricing to offset rising costs, Hayward's gross profit margin decreased by 50 basis points to 48.7% in fiscal Q2 2026 due to an increase in the cost of sales driven by tariffs and inflation. The broader pool and spa industry also faces significant material cost increases, with concrete prices nearly doubling over the past seven years.
Show more
Hayward (HAYW) stock has lost about 10% since 5/31/2026 because of the following key factors:
1. Impact of Geopolitical Conflicts on International Sales.
Hayward's Europe and Rest of World segment experienced an 8% decrease in net sales during fiscal Q2 2026, which ended on June 27, 2026. This decline in volume was primarily driven by the impact of geopolitical conflicts in the Middle East.
2. Persistent Inflationary and Tariff Pressures on Margins.
Despite achieving positive net pricing to offset rising costs, Hayward's gross profit margin decreased by 50 basis points to 48.7% in fiscal Q2 2026 due to an increase in the cost of sales driven by tariffs and inflation. The broader pool and spa industry also faces significant material cost increases, with concrete prices nearly doubling over the past seven years.
Show more
Updated on 9/10/2026
Hayward (HAYW) stock has lost about 10% since 5/31/2026 because of the following key factors:
1. Impact of Geopolitical Conflicts on International Sales.
Hayward's Europe and Rest of World segment experienced an 8% decrease in net sales during fiscal Q2 2026, which ended on June 27, 2026. This decline in volume was primarily driven by the impact of geopolitical conflicts in the Middle East.
2. Persistent Inflationary and Tariff Pressures on Margins.
Despite achieving positive net pricing to offset rising costs, Hayward's gross profit margin decreased by 50 basis points to 48.7% in fiscal Q2 2026 due to an increase in the cost of sales driven by tariffs and inflation. The broader pool and spa industry also faces significant material cost increases, with concrete prices nearly doubling over the past seven years.
3. Market Concerns Regarding Growth Prospects and New Pool Starts.
Despite Hayward beating its fiscal Q2 2026 earnings estimates with adjusted EPS of $0.26 against a consensus of $0.24 and revenue of $318.4 million surpassing estimates of $303.35 million, market sentiment reflects concerns about growth. Hayward Holdings received a "Growth rank of 0/10" as of September 10, 2026, indicating that the company may not be growing at an expected rate. Furthermore, industry-wide new pool starts in the U.S. have remained flat, according to S&P Global Ratings on September 1, 2026.
Show less
Hayward (HAYW) stock has lost about 10% since 5/31/2026 because of the following key factors:
1. Impact of Geopolitical Conflicts on International Sales.
Hayward's Europe and Rest of World segment experienced an 8% decrease in net sales during fiscal Q2 2026, which ended on June 27, 2026. This decline in volume was primarily driven by the impact of geopolitical conflicts in the Middle East.
2. Persistent Inflationary and Tariff Pressures on Margins.
Despite achieving positive net pricing to offset rising costs, Hayward's gross profit margin decreased by 50 basis points to 48.7% in fiscal Q2 2026 due to an increase in the cost of sales driven by tariffs and inflation. The broader pool and spa industry also faces significant material cost increases, with concrete prices nearly doubling over the past seven years.
3. Market Concerns Regarding Growth Prospects and New Pool Starts.
Despite Hayward beating its fiscal Q2 2026 earnings estimates with adjusted EPS of $0.26 against a consensus of $0.24 and revenue of $318.4 million surpassing estimates of $303.35 million, market sentiment reflects concerns about growth. Hayward Holdings received a "Growth rank of 0/10" as of September 10, 2026, indicating that the company may not be growing at an expected rate. Furthermore, industry-wide new pool starts in the U.S. have remained flat, according to S&P Global Ratings on September 1, 2026.
Show less
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Stock Movement Drivers
Fundamental Drivers
The -8.7% change in HAYW stock from 5/31/2026 to 9/10/2026 was primarily driven by a -9.6% change in the company's P/E Multiple.| (LTM values as of) | 5312026 | 9102026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.11 | 12.88 | -8.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,149 | 1,167 | 1.6% |
| Net Income Margin (%) | 14.0% | 13.8% | -1.1% |
| P/E Multiple | 19.1 | 17.3 | -9.6% |
| Shares Outstanding (Mil) | 217 | 216 | 0.5% |
| Cumulative Contribution | -8.7% |
Market Drivers
5/31/2026 to 9/10/2026| Return | Correlation | |
|---|---|---|
| HAYW | -8.7% | |
| Market (SPY) | 0.2% | 35.8% |
| Sector (XLI) | -1.5% | 52.7% |
Fundamental Drivers
The -19.5% change in HAYW stock from 2/28/2026 to 9/10/2026 was primarily driven by a -24.7% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 9102026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.00 | 12.88 | -19.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,122 | 1,167 | 4.0% |
| Net Income Margin (%) | 13.5% | 13.8% | 2.4% |
| P/E Multiple | 22.9 | 17.3 | -24.7% |
| Shares Outstanding (Mil) | 217 | 216 | 0.4% |
| Cumulative Contribution | -19.5% |
Market Drivers
2/28/2026 to 9/10/2026| Return | Correlation | |
|---|---|---|
| HAYW | -19.5% | |
| Market (SPY) | 10.8% | 47.7% |
| Sector (XLI) | -3.4% | 59.5% |
Fundamental Drivers
The -19.9% change in HAYW stock from 8/31/2025 to 9/10/2026 was primarily driven by a -35.3% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 9102026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.08 | 12.88 | -19.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,083 | 1,167 | 7.8% |
| Net Income Margin (%) | 12.0% | 13.8% | 14.9% |
| P/E Multiple | 26.7 | 17.3 | -35.3% |
| Shares Outstanding (Mil) | 216 | 216 | 0.0% |
| Cumulative Contribution | -19.9% |
Market Drivers
8/31/2025 to 9/10/2026| Return | Correlation | |
|---|---|---|
| HAYW | -19.9% | |
| Market (SPY) | 18.5% | 42.2% |
| Sector (XLI) | 13.4% | 57.0% |
Fundamental Drivers
The -13.0% change in HAYW stock from 8/31/2023 to 9/10/2026 was primarily driven by a -57.8% change in the company's P/E Multiple.| (LTM values as of) | 8312023 | 9102026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.80 | 12.88 | -13.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 998 | 1,167 | 17.0% |
| Net Income Margin (%) | 7.7% | 13.8% | 79.4% |
| P/E Multiple | 41.0 | 17.3 | -57.8% |
| Shares Outstanding (Mil) | 213 | 216 | -1.6% |
| Cumulative Contribution | -13.0% |
Market Drivers
8/31/2023 to 9/10/2026| Return | Correlation | |
|---|---|---|
| HAYW | -13.0% | |
| Market (SPY) | 74.2% | 47.0% |
| Sector (XLI) | 64.1% | 57.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HAYW Return | 54% | -64% | 45% | 12% | 1% | -14% | -22% |
| Peers Return | 28% | -57% | 26% | 64% | -12% | -21% | -20% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| HAYW Win Rate | 70% | 17% | 58% | 58% | 33% | 33% | |
| Peers Win Rate | 58% | 22% | 53% | 64% | 47% | 37% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| HAYW Max Drawdown | - | -69% | -31% | -22% | -26% | -23% | |
| Peers Max Drawdown | -17% | -61% | -33% | -27% | -34% | -38% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PNR, POOL, SWIM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/10/2026 (YTD)
How Low Can It Go
| Event | HAYW | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.9% | -18.8% |
| % Gain to Breakeven | 29.7% | 23.1% |
| Time to Breakeven | 34 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -19.2% | -9.5% |
| % Gain to Breakeven | 23.8% | 10.5% |
| Time to Breakeven | 44 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -18.8% | -6.7% |
| % Gain to Breakeven | 23.2% | 7.1% |
| Time to Breakeven | 39 days | 31 days |
In The Past
Hayward's stock fell -22.9% during the 2025 US Tariff Shock. Such a loss loss requires a 29.7% gain to breakeven.
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| Event | HAYW | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.9% | -18.8% |
| % Gain to Breakeven | 29.7% | 23.1% |
| Time to Breakeven | 34 days | 79 days |
In The Past
Hayward's stock fell -22.9% during the 2025 US Tariff Shock. Such a loss loss requires a 29.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Hayward (HAYW)
Hayward Holdings, Inc. (HAYW) is a global company specializing in the design, manufacturing, and marketing of a comprehensive range of pool equipment and related automation systems. The company serves both residential and commercial pool markets, providing essential infrastructure and advanced solutions to enhance pool functionality and enjoyment.
The company's extensive product portfolio includes vital pool components such as pumps, filters, and various types of cleaners, including robotic, suction, and pressure models. Hayward also offers heating solutions, water features, landscape and LED lighting, salt chlorine generators, and other sanitization equipment, alongside safety gear and advanced control systems. Additionally, Hayward manufactures industrial thermoplastic valves and process liquid control products.
Hayward primarily targets in-ground residential pools, above-ground pools, and commercial pool installations. Its products reach customers through a robust distribution network comprising specialty distributors, retailers, pool builders, and buying groups across North America, Europe, and various international markets.
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Hayward (HAYW) could be described as:
- The Whirlpool of pool equipment.
- The Kohler of pool systems.
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Hayward (HAYW) offers a range of products primarily for pools, along with industrial control products:
- Pool Pumps: Equipment designed for circulating water in various pool systems.
- Pool Filters: Devices used to clean and purify pool water by removing impurities.
- Pool Cleaners: Includes robotic, suction, and pressure cleaners for automated pool maintenance.
- Pool Heaters: Systems used to regulate and warm the temperature of pool water.
- Pool and Landscape Lighting: Products such as LED lights and water features for illumination and aesthetic enhancement.
- Pool Sanitization Systems: Technologies like salt chlorine generators and other sanitizers for maintaining water hygiene.
- Pool Safety Equipment: Various products designed to enhance the safety of pool environments.
- Pool Automation and Control Systems: Devices that manage and automate the operation of pool equipment and associated features.
- Industrial Thermoplastic Valves and Process Liquid Control Products: Specialized products for controlling liquid flow and processes in industrial applications.
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Hayward Holdings, Inc. sells primarily to other companies. Based on the provided information, its major customers are the entities through which it distributes its products. These customer categories include:
- Specialty distributors
- Retailers
- Pool builders
- Buying groups
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Kevin Holleran, President and Chief Executive Officer
Kevin Holleran has served as President and Chief Executive Officer of Hayward Holdings, Inc. since August 2019. Before joining Hayward, he was President and Chief Executive Officer of the Industrial Segment within Textron, Inc. starting in 2017. Prior to that, he spent ten years as President and Chief Executive Officer of Textron Specialized Vehicles, where he significantly increased revenue and profitability through organic growth and acquisitions. He also held various management positions at Ingersoll Rand and Terex Corporation. Hayward transitioned to a private equity-backed company two years before his appointment.
Eifion Jones, Senior Vice President, Chief Financial Officer
Eifion Jones has served as Senior Vice President and Chief Financial Officer of Hayward Holdings, Inc. since April 2020. Prior to Hayward, he was the Chief Financial Officer of Cornerstone Holdings Inc. from 2011, a company that was a portfolio company of private equity firms HIG Capital and Littlejohn & Co. LLC. In this role, he was responsible for the governance, performance, and financial management of Cornerstone's U.S. and European companies, and led acquisition evaluation, diligence, and integration efforts. Before Cornerstone, Mr. Jones spent 21 years with Akzo Nobel, holding various financial and managerial leadership positions in the Americas and Europe.
Susan Canning, Senior Vice President, Chief Legal Officer and Corporate Secretary
Susan Canning has served as Senior Vice President, Chief Legal Officer and Corporate Secretary since June 2021.
Eric Sejourne, Senior Vice President, Chief Global Operations Officer
Eric Sejourne has served as Senior Vice President and Chief Global Operations Officer at Hayward since April 2024. Before joining Hayward, he was President of the Access & Egress Hardware Group at Assa Abloy, where he held several leadership roles, including Chief Operations Officer for the Americas division.
John Collins, Senior Vice President, Chief Commercial Officer
John Collins has served as Senior Vice President and Chief Commercial Officer since December 2023. Previously, he was Senior Vice President and Chief Supply Chain Officer of the company starting in May 2022. Before joining Hayward, Mr. Collins was the Senior Vice President and General Manager of E-Z-GO for Textron Specialized Vehicles, Inc.
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Key Risks to Hayward Holdings (HAYW)
- Dependence on Market Conditions and New Pool Construction: Hayward's business is significantly impacted by overall economic and business conditions, as well as trends in new pool construction. Economic downturns and unfavorable market conditions can reduce the demand for swimming pool equipment, directly affecting the company's sales and financial performance. Furthermore, a decline in new pool construction and a stagnation in the growth of the installed base of pool equipment pose significant challenges to future revenue growth. High interest rates and tightened credit markets can also limit consumer access to financing for new pools and related products.
- Supply Chain Disruptions and Cost Inflation: Hayward faces operational risks stemming from potential disruptions in its global supply chain, reliance on single-source suppliers, and potential delays in production. The company's ability to maintain favorable relationships with suppliers and manage the availability and cost of raw materials is crucial. Increases in material costs and other inflationary pressures can adversely affect Hayward's financial results and profitability.
- Intense Competition and Need for Innovation: The company operates in highly competitive markets, facing pressure from both established players and smaller niche manufacturers. To maintain its market share and profitability, Hayward must continuously innovate and develop new products, particularly in response to evolving consumer demand for smart home technology and environmentally friendly pool solutions. Failure to successfully develop, manufacture, and achieve market adoption of new products, or to maintain product quality and reliability, could significantly hinder the company's future success.
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Addressable Markets for Hayward Holdings, Inc.
-
Pool Equipment:
- Global: The global swimming pool equipment market was valued at approximately USD 13.81 billion in 2023 and is projected to grow to USD 19.15 billion by 2031.
- North America: The North American swimming pool equipment market accounted for approximately USD 5.19 billion in 2023.
- Europe: The European swimming pool equipment market size was approximately USD 4.26 billion in 2025.
-
Pool Automation Systems:
- Global: The global swimming pool automation system market was valued at approximately USD 1.78 billion in 2024 and is projected to reach USD 3.15 billion by 2032.
- North America: This region holds approximately 45% of the global market share for automatic swimming pool monitoring systems.
- Europe: This region accounts for approximately 30% of the global share for automatic swimming pool monitoring systems.
- Automatic Pool Robots (a segment of automation):
- North America: The market is estimated at approximately USD 650 million.
- Europe: The market is estimated at approximately USD 500 million.
-
Industrial Thermoplastic Valves:
- Global: The global industrial plastic valve market size was valued at approximately USD 27.45 billion in 2024 and is expected to reach USD 38.74 billion by 2032.
- Process Liquid Control Products: null
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Hayward Holdings, Inc. (HAYW) is expected to drive future revenue growth over the next two to three years through several key strategies:
- Product Innovation and Smart Pool Technology: Hayward is focused on developing and launching new, innovative products, particularly in the area of smart and connected pool technology, including its OmniX automation ecosystem. This includes energy-efficient variable speed pumps, heaters, and lighting, which are designed to appeal to both new and existing pool owners seeking advanced and sustainable solutions. The company's disciplined investments in research, development, and engineering support this growth-enhancing innovation, with analysts highlighting that a lot of the long-term growth story is tied to higher-margin products like connected automation and energy-efficient upgrades.
- Strategic Acquisitions and Commercial Sector Expansion: Hayward has demonstrated growth through strategic acquisitions, such as the acquisition of ChlorKing in June 2024. This integration has expanded Hayward's commercial product portfolio with saline chlorinators and UV disinfection systems, opening doors to new markets within the commercial pool sector. These acquisitions bolster its commercial presence and diversify revenue streams.
- Pricing Power: The company has successfully implemented price increases to offset inflationary pressures and contribute to net sales growth. In the fourth quarter of fiscal year 2025, positive net price realization contributed 7% to net sales growth, and the full fiscal year 2025 saw 5% price gains. Management expects approximately 3% global net price gains in their 2026 outlook.
- Resilient Aftermarket Demand: A significant portion of Hayward's sales comes from the aftermarket segment, which represents approximately 85% of its sales. This resilient demand is driven by the ongoing need for repair, replacement, remodeling, and upgrading of equipment for existing pools. Hayward's aftermarket-driven model provides a durable foundation for sustained revenue growth.
- Organic Growth in North America and International Markets: Hayward is prioritizing organic growth across key geographical segments. The company has reported increases in net sales in North America, including strong performance in the U.S. and double-digit growth in Canada. While Europe and the Rest of the World experienced some fluctuations, the company's strategic initiatives aim for targeted organic growth in these international markets as well.
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**Share Repurchases**
- Hayward Holdings, Inc. authorized a share repurchase program of up to $450 million in July 2025, with the authority expiring on July 28, 2028.
- These repurchases are intended to be funded by cash on hand and cash generated from operations.
- A modest anti-dilutive repurchase of $4 million was executed in the fourth quarter of fiscal year 2025.
**Outbound Investments**
- Hayward completed 4 acquisitions, with one occurring in 2024.
- The company's most recent acquisition was ChlorKing, an Atlanta-based provider of commercial swimming pool services, acquired in June 2024.
- The ChlorKing acquisition contributed 1% to net sales growth in fiscal year 2025.
**Capital Expenditures**
- Hayward's capital expenditures were approximately $40 million for fiscal year 2026.
- The primary focus of these capital expenditures is on upgrading manufacturing facilities, automation, and modernizing operations.
- The company prioritizes organic investment into its manufacturing and supply chain footprint.
Peer Outperformance in Electrical Components & Equipment
HAYW has trailed 68% of its 40 Electrical Components & Equipment peers over 5Y. Among the peers that beat it are AME, AYI and EMR. Electrical Components & Equipment ranks 11th of 23 industries in Industrials by median 5Y return.
Share of Electrical Components & Equipment constituents that HAYW has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
33%
of 48 industry peers · -18.0% return
3Y
36%
of 45 industry peers · -6.6% return
5Y
33%
of 40 industry peers · -38.3% return
Electrical Components & Equipment peers with revenue growth within 4pp of HAYW's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| HAYW | Hayward | 5.4% | 17.3x | -18.0% | -6.6% | -38.3% | — |
| AME | AMETEK | 7.1% | 34.0x | 25.8% | 55.6% | 85.5% | +124pp |
| AYI | Acuity | 4.1% | 22.5x | -4.0% | 101.5% | 85.3% | +124pp |
| EMR | Emerson Electric | 7.7% | 32.2x | 12.7% | 56.2% | 64.6% | +103pp |
| ROK | Rockwell Automation | 1.7% | 38.9x | 25.8% | 50.6% | 46.5% | +85pp |
| VICR | Vicor | 5.3% | 56.3x | 255.5% | 182.3% | 42.9% | +81pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Industrials sector, ranked by 5Y. Electrical Components & Equipment is HAYW's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 6.7% | 106.6% | 186.1% | CDNL 2524% · FIX 2164% · STRL 2119% |
| Marine Transportation | 5 | 71.5% | 63.4% | 169.6% | HOS 47268% · MATX 180% · KEX 170% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 9.8% | 60.5% | 118.8% | CAT 328% · ALSN 281% · WAB 223% |
| Aerospace & Defense | 55 | -2.4% | 55.8% | 73.2% | ATI 1049% · FTAI 890% · HWM 641% |
| Passenger Ground Transportation | 3 | -20.8% | 32.6% | 54.0% | UBER 82% · CAR 54% · LYFT -70% |
| Rail Transportation | 7 | 34.2% | 69.5% | 45.3% | FSTR 140% · CSX 70% · UNP 54% |
| Trading Companies & Distributors | 19 | 2.8% | 34.1% | 38.5% | DXPE 563% · AIT 286% · WCC 214% |
| Industrial Machinery & Supplies & Components | 71 | 4.4% | 44.2% | 35.8% | CRS 1402% · PSIX 946% · GHM 595% |
| Cargo Ground Transportation | 16 | 39.9% | 3.6% | 34.1% | XPO 256% · R 249% · CVLG 230% |
| Diversified Support Services | 33 | 9.3% | 25.8% | 27.6% | LIME 3705% · TH 395% · WLFC 371% |
| Electrical Components & Equipment ← | 41 | 14.2% | 53.1% | 19.9% | POWL 2198% · BE 1218% · VRT 916% |
| Building Products | 33 | -11.6% | -1.2% | 11.8% | LMB 580% · GFF 397% · PPIH 297% |
| Agricultural & Farm Machinery | 17 | 14.7% | -0.7% | -6.3% | BLBD 222% · DE 99% · GENC 58% |
| Industrial Conglomerates | 17 | 8.0% | 11.8% | -6.6% | RCMT 548% · CSW 130% · CSL 75% |
| Environmental & Facilities Services | 29 | -11.4% | 23.5% | -10.9% | CECO 996% · ADUR 387% · NVRI 365% |
| Research & Consulting Services | 13 | -10.0% | -23.6% | -11.5% | HURN 204% · CRAI 92% · GRNQ 65% |
| Data Processing & Outsourced Services | 6 | -32.6% | -15.0% | -26.0% | EXLS 42% · BR 9% · G -26% |
| Passenger Airlines | 11 | -0.4% | -4.8% | -28.5% | LTM 3259% · UAL 140% · SKYW 121% |
| Office Services & Supplies | 9 | 8.3% | 26.9% | -33.0% | PBI 195% · TILE 142% · HNI 53% |
| Human Resource & Employment Services | 22 | 5.3% | -22.2% | -38.2% | BBSI 82% · ADP 47% · PAYX 22% |
| Security & Alarm Services | 10 | -33.0% | 5.7% | -38.5% | CIX 142% · MG 111% · NL 72% |
| Air Freight & Logistics | 12 | -9.8% | -25.0% | -39.5% | CHRW 94% · FDX 66% · EXPD 59% |
| Airport Services | 3 | -69.9% | -80.2% | -58.7% | JOBY -32% · ASLE -59% · UP -100% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 34.80 |
| Mkt Cap | 4.6 |
| Rev LTM | 2,590 |
| Op Inc LTM | 414 |
| FCF LTM | 253 |
| FCF 3Y Avg | 321 |
| CFO LTM | 303 |
| CFO 3Y Avg | 366 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.0% |
| Rev Chg 3Y Avg | -1.3% |
| Rev Chg Q | 4.2% |
| QoQ Delta Rev Chg LTM | 1.2% |
| Op Inc Chg LTM | 5.9% |
| Op Inc Chg 3Y Avg | 11.6% |
| Op Mgn LTM | 16.0% |
| Op Mgn 3Y Avg | 15.8% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 16.3% |
| CFO/Rev 3Y Avg | 16.2% |
| FCF/Rev LTM | 11.6% |
| FCF/Rev 3Y Avg | 13.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 4.6 |
| P/S | 1.8 |
| P/Op Inc | 11.1 |
| P/EBIT | 11.1 |
| P/E | 16.6 |
| P/CFO | 11.9 |
| Total Yield | 7.4% |
| Dividend Yield | 0.9% |
| FCF Yield 3Y Avg | 5.7% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Price Behavior
Price Behavior
| Market Price | $12.88 | |
| Market Cap ($ Bil) | 2.8 | |
| First Trading Date | 03/12/2021 | |
| Distance from 52W High | -25.6% | |
| 50 Days | 200 Days | |
| DMA Price | $15.00 | $15.18 |
| DMA Trend | down | indeterminate |
| Distance from DMA | -14.1% | -15.1% |
| 3M | 1YR | |
| Volatility | 35.8% | 33.0% |
| Downside Capture | 160.86 | 142.00 |
| Upside Capture | 72.72 | 92.48 |
| Correlation (SPY) | 34.6% | 42.4% |
HAYW Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.83 | 0.93 | 0.90 | 1.14 | 1.08 | 1.09 |
| Up Beta | 1.97 | 1.16 | 1.25 | 1.27 | 1.26 | 0.99 |
| Down Beta | 0.86 | -0.60 | 0.47 | 0.70 | 0.85 | 0.98 |
| Up Capture | 93% | 34% | 89% | 92% | 84% | 116% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 7 | 18 | 29 | 57 | 107 | 347 |
| Down Capture | 342% | 219% | 99% | 143% | 120% | 107% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 14 | 23 | 34 | 68 | 138 | 389 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HAYW | |
|---|---|---|---|---|
| HAYW | -17.7% | 33.0% | -0.56 | - |
| Sector ETF (XLI) | 14.8% | 17.2% | 0.63 | 56.9% |
| Equity (SPY) | 17.6% | 12.8% | 0.99 | 42.7% |
| Gold (GLD) | 18.7% | 29.2% | 0.59 | 17.8% |
| Commodities (DBC) | 47.9% | 20.4% | 1.81 | -29.1% |
| Real Estate (VNQ) | 6.6% | 13.6% | 0.22 | 29.6% |
| Bitcoin (BTCUSD) | -29.9% | 43.8% | -0.68 | 15.8% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HAYW | |
|---|---|---|---|---|
| HAYW | -9.2% | 40.9% | -0.12 | - |
| Sector ETF (XLI) | 12.0% | 17.6% | 0.52 | 55.6% |
| Equity (SPY) | 12.4% | 17.2% | 0.55 | 52.3% |
| Gold (GLD) | 18.5% | 18.8% | 0.80 | 8.5% |
| Commodities (DBC) | 11.5% | 19.5% | 0.46 | 5.7% |
| Real Estate (VNQ) | 0.7% | 18.9% | -0.07 | 48.3% |
| Bitcoin (BTCUSD) | 9.9% | 52.6% | 0.37 | 23.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HAYW | |
|---|---|---|---|---|
| HAYW | -2.6% | 41.8% | 0.01 | - |
| Sector ETF (XLI) | 13.1% | 20.1% | 0.57 | 52.5% |
| Equity (SPY) | 15.1% | 17.9% | 0.71 | 49.4% |
| Gold (GLD) | 12.2% | 16.3% | 0.61 | 8.3% |
| Commodities (DBC) | 8.4% | 18.1% | 0.38 | 6.4% |
| Real Estate (VNQ) | 4.6% | 20.7% | 0.19 | 44.1% |
| Bitcoin (BTCUSD) | 63.4% | 66.2% | 1.03 | 22.7% |
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Returns Analyses
Earnings Returns History
Updated 8/31/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/29/2026 | 0.9% | 6.5% | -3.9% |
| 4/29/2026 | -5.7% | -8.0% | -10.7% |
| 2/25/2026 | -4.3% | -0.6% | -11.1% |
| 10/29/2025 | 12.0% | 5.6% | 8.0% |
| 7/30/2025 | 3.1% | 4.1% | 8.8% |
| 5/1/2025 | 5.2% | 3.2% | 4.7% |
| 2/27/2025 | 2.6% | 1.8% | -2.6% |
| 10/29/2024 | 5.9% | 9.4% | 10.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 11 | 12 |
| # Negative | 9 | 10 | 9 |
| Median Positive | 5.5% | 5.6% | 7.6% |
| Median Negative | -4.3% | -6.1% | -8.1% |
| Max Positive | 13.0% | 11.3% | 17.0% |
| Max Negative | -18.2% | -14.6% | -17.3% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/29/2026 | 0.9% | 6.5% | -3.9% |
| 4/29/2026 | -5.7% | -8.0% | -10.7% |
| 2/25/2026 | -4.3% | -0.6% | -11.1% |
| 10/29/2025 | 12.0% | 5.6% | 8.0% |
| 7/30/2025 | 3.1% | 4.1% | 8.8% |
| 5/1/2025 | 5.2% | 3.2% | 4.7% |
| 2/27/2025 | 2.6% | 1.8% | -2.6% |
| 10/29/2024 | 5.9% | 9.4% | 10.3% |
| 7/30/2024 | 9.4% | 2.7% | 9.9% |
| 5/2/2024 | 1.5% | 7.3% | 7.2% |
| 2/29/2024 | 13.0% | 6.6% | 17.0% |
| 10/31/2023 | -8.7% | -7.1% | 1.6% |
| 8/2/2023 | 3.3% | 11.3% | 8.2% |
| 5/4/2023 | -4.0% | -7.1% | -8.1% |
| 2/28/2023 | -3.0% | -6.8% | -12.6% |
| 11/1/2022 | -1.0% | 0.2% | 3.2% |
| 7/28/2022 | -18.2% | -14.6% | -17.3% |
| 4/28/2022 | 7.2% | -1.2% | -1.8% |
| 10/27/2021 | -7.2% | -1.2% | 4.9% |
| 8/2/2021 | 5.8% | -2.7% | -7.5% |
| 5/5/2021 | -1.6% | -5.4% | 1.3% |
| SUMMARY STATS | |||
| # Positive | 12 | 11 | 12 |
| # Negative | 9 | 10 | 9 |
| Median Positive | 5.5% | 5.6% | 7.6% |
| Median Negative | -4.3% | -6.1% | -8.1% |
| Max Positive | 13.0% | 11.3% | 17.0% |
| Max Negative | -18.2% | -14.6% | -17.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/29/2026 | 10-Q |
| 03/31/2026 | 04/29/2026 | 10-Q |
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 10/29/2025 | 10-Q |
| 06/30/2025 | 07/30/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 10/29/2024 | 10-Q |
| 06/30/2024 | 07/30/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | 10-K |
| 09/30/2023 | 10/31/2023 | 10-Q |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/02/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/29/2026 | 10-Q |
| 03/31/2026 | 04/29/2026 | 10-Q |
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 10/29/2025 | 10-Q |
| 06/30/2025 | 07/30/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 10/29/2024 | 10-Q |
| 06/30/2024 | 07/30/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | 10-K |
| 09/30/2023 | 10/31/2023 | 10-Q |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/02/2022 | 10-Q |
| 06/30/2022 | 07/29/2022 | 10-Q |
| 03/31/2022 | 04/29/2022 | 10-Q |
| 12/31/2021 | 03/09/2022 | 10-K |
| 09/30/2021 | 10/27/2021 | 10-Q |
| 06/30/2021 | 08/02/2021 | 10-Q |
| 03/31/2021 | 05/18/2021 | 10-Q |
| 12/31/2020 | 03/15/2021 | 424B4 |
Recent Forward Guidance
Updated 7/30/2026Latest: Q2 2026 Earnings Reported 7/29/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Net Sales Growth | Reported | 5.0% | 0.0% | Affirmed | Guidance: 5.0% for 2026 | |||
| 2026 Adjusted Diluted EPS | Reported | 0.84 | 0.85 | 0.87 | 0.0% | Affirmed | Guidance: 0.85 for 2026 | |
| 2026 Adjusted Diluted EPS Growth | Reported | 9.0% | 11.0% | 13.0% | 0.0% | Affirmed | Guidance: 11.0% for 2026 | |
Prior: Q1 2026 Earnings Reported 4/29/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Net Sales Growth | Reported | 5.0% | 1.0% | Raised | Guidance: 4.0% for 2026 | |||
| 2026 Adjusted Diluted EPS | Reported | 0.84 | 0.85 | 0.87 | 1.8% | Raised | Guidance: 0.84 for 2026 | |
| 2026 Adjusted Diluted EPS Growth | Reported | 9.0% | 11.0% | 13.0% | 2.0% | Raised | Guidance: 9.0% for 2026 | |
Q4 2025 Earnings Reported 2/25/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue Growth | Reported | 4.0% | -0.8% | Lower New | Actual: 4.75% for 2025 | |||
| 2026 Adjusted Diluted EPS | Reported | 0.82 | 0.84 | 0.86 | ||||
| 2026 Adjusted Diluted EPS Growth | Reported | 6.0% | 9.0% | 12.0% | ||||
Q3 2025 Earnings Reported 10/29/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Net Sales | Reported | 1.09 Bil | 1.10 Bil | 1.11 Bil | 1.6% | Raised | Guidance: 1.08 Bil for 2025 | |
| 2025 Net Sales Growth | Reported | 4.0% | 4.75% | 5.5% | 1.2% | Raised | Guidance: 3.5% for 2025 | |
| 2025 Adjusted EBITDA | Reported | 292.00 Mil | 294.50 Mil | 297.00 Mil | 3.3% | Raised | Guidance: 285.00 Mil for 2025 | |
| 2025 Adjusted EBITDA Growth | Reported | 5.0% | 6.0% | 7.0% | 3.0% | Raised | Guidance: 3.0% for 2025 | |
Insider Activity
Updated 9/2/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Holleran, Kevin | President and CEO | Direct | Sell | 9022026 | 13.85 | 50,000 | 692,425 | 9,711,039 | Form |
| 2 | Canning, Susan M | SVP, CLO, Corporate Secretary | Direct | Sell | 8182026 | 15.00 | 3,500 | 52,500 | 2,571,165 | Form |
| 3 | Holleran, Kevin | President and CEO | Direct | Sell | 8042026 | 15.31 | 50,000 | 765,690 | 10,738,557 | Form |
| 4 | Holleran, Kevin | President and CEO | Direct | Sell | 7012026 | 17.28 | 120,000 | 2,074,044 | 12,119,918 | Form |
| 5 | Holleran, Kevin | President and CEO | Direct | Sell | 7012026 | 17.07 | 50,000 | 853,550 | 11,970,766 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Holleran, Kevin | President and CEO | Direct | Sell | 9022026 | 13.85 | 50,000 | 692,425 | 9,711,039 | Form |
| 2 | Canning, Susan M | SVP, CLO, Corporate Secretary | Direct | Sell | 8182026 | 15.00 | 3,500 | 52,500 | 2,571,165 | Form |
| 3 | Holleran, Kevin | President and CEO | Direct | Sell | 8042026 | 15.31 | 50,000 | 765,690 | 10,738,557 | Form |
| 4 | Holleran, Kevin | President and CEO | Direct | Sell | 7012026 | 17.28 | 120,000 | 2,074,044 | 12,119,918 | Form |
| 5 | Holleran, Kevin | President and CEO | Direct | Sell | 7012026 | 17.07 | 50,000 | 853,550 | 11,970,766 | Form |
| 6 | Holleran, Kevin | President and CEO | Direct | Sell | 6022026 | 13.79 | 52,389 | 722,366 | 9,668,965 | Form |
| 7 | Holleran, Kevin | President and CEO | Direct | Sell | 5062026 | 14.57 | 52,389 | 763,538 | 10,220,065 | Form |
| 8 | Canning, Susan M | SVP, CLO, Corporate Secretary | Direct | Buy | 5042026 | 12.76 | 2,242 | 28,606 | 1,324,856 | Form |
| 9 | Holleran, Kevin | President and CEO | Direct | Sell | 4022026 | 13.42 | 52,389 | 703,149 | 9,411,752 | Form |
| 10 | Jones, Eifion | Senior Vice President and CFO | Direct | Sell | 3102026 | 14.57 | 15,000 | 218,550 | 4,605,577 | Form |
| 11 | Holleran, Kevin | President and CEO | Direct | Sell | 3042026 | 15.73 | 52,389 | 824,021 | 11,773,711 | Form |
| 12 | Holleran, Kevin | President and CEO | Direct | Sell | 2042026 | 16.05 | 52,389 | 840,744 | 10,006,632 | Form |
| 13 | Holleran, Kevin | President and CEO | Direct | Sell | 12092025 | 16.13 | 60,571 | 976,889 | 10,056,453 | Form |
| 14 | Holleran, Kevin | President and CEO | Direct | Sell | 11042025 | 16.74 | 60,571 | 1,013,716 | 10,435,565 | Form |
| 15 | Jones, Eifion | Senior Vice President and CFO | Direct | Sell | 10312025 | 17.50 | 25,000 | 437,500 | 5,026,542 | Form |
| 16 | Holleran, Kevin | President and CEO | Direct | Sell | 10022025 | 15.16 | 60,571 | 918,262 | 9,452,929 | Form |
| 17 | Holleran, Kevin | President and CEO | Direct | Sell | 9042025 | 15.72 | 60,571 | 952,073 | 9,800,989 | Form |
Investor Activity (13F)
Updated Sep 11, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Electrical Components & Equipment Resources |
| EC&M (Electrical Construction & Maintenance) |
| Electrical Contracting News (ECN) |
| EE Times |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 9/10/2026