HAWKINS INC (HWKN)
Materials · Water treatment and specialty chemicals distribution · NASDAQ
Hawkins is a diversified water treatment and specialty chemicals company serving municipalities, industrial manufacturers, and nutritional/pharmaceutical customers through integrated product formulation, distribution, and customer service.
What HAWKINS INC does
Hawkins is a leading water treatment and specialty ingredients company that formulates, manufactures, distributes, and blends chemicals and products across three primary segments: Water Treatment (serving municipal, industrial, and swimming pool customers), Food and Health Sciences (providing ingredient solutions to nutrition, food, pharmaceutical, and agricultural manufacturers), and Industrial Solutions (supplying industrial chemicals and blending services to manufacturing and processing industries). The company operates 53 water treatment warehouses across 28 states and multiple manufacturing and distribution facilities, leveraging shared raw materials and manufacturing resources across its segments.
Themes: ["Water treatment / municipal water","Specialty chemicals distribution","Food and beverage ingredients","Pharmaceutical ingredients and excipients","Industrial chemical processing","Nutritional ingredients"]
Fundamentals
- Price$133.01 as of 2026-07-09 close
- Market cap$2.8B as of 2026-07-10
- 1-year return-14.4% as of 2026-07-09 close
- P/E34.26 as of 2026-07-10
- Net margin+7.5% as of 2026-07-10
- Gross margin+22.6% as of 2026-07-10
- ROE+16.0% as of 2026-07-10
- Debt / equity0.46 as of 2026-07-10
- Revenue growth (YoY)+11.2% as of 2026-07-10
- Revenue CAGR (3y)+5.0% SEC XBRL
- Beta0.78 as of 2026-07-10
Dividend: yield +0.6%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Raw material supply dependency: operations substantially depend on availability of raw materials from suppliers, with potential for supply disruptions, extended lead times, or supply cuts if materials become unavailable","Seasonal business fluctuations: Water Treatment segment experiences higher sales April-September due to seasonal increases in municipal water treatment chemical usage and pool demand; agricultural sales subject to planting season variations","Acquisition integration and earnout liabilities: recent acquisitions (as evidenced by goodwill and intangible asset growth and earnout liabilities of $50.8M as of December 2025) create integration risks and contingent payment obligations"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.