Hayward Holdings Inc
NYSE:HAYW
Hayward Holdings Inc
In the dynamic world of pool and outdoor living, Hayward Holdings Inc. stands as a paragon of heritage and innovation. Founded in the 1920s, the company has consistently evolved its business by catering to the demands of both residential and commercial pool owners. At its core, Hayward is not merely a manufacturer of pool equipment; it serves as a pivotal partner in ensuring water environments are both serene and sustainable. The company specializes in producing a wide range of products that include pumps, filters, heaters, and sanitization equipment, innovating continuously to integrate energy efficiency and smart technology into their offerings. Their focus on marrying technological advancements with practical, user-friendly solutions positions them as a market leader in an industry increasingly leaning towards automation and sustainable practices.
Making its money primarily from the sales of pool equipment and systems, Hayward Holdings has strategically expanded its portfolio, optimizing its distribution network across the globe. The company taps into the growing desire among homeowners and commercial entities to enhance outdoor spaces, particularly the segment dedicated to water recreation. By understanding the intricacies of pool management—from water chemistry automation to energy conservation—Hayward amplifies its revenue stream through the integration of cutting-edge technologies. Notably, their advancements in IoT for pools allow users to remotely manage their systems, reaffirming the brand’s commitment to customer-centricity and industry leadership. This focus on innovation and customer satisfaction ensures not only a stable income but a forward-thinking approach to capturing more of the market share in the years to come.
In the dynamic world of pool and outdoor living, Hayward Holdings Inc. stands as a paragon of heritage and innovation. Founded in the 1920s, the company has consistently evolved its business by catering to the demands of both residential and commercial pool owners. At its core, Hayward is not merely a manufacturer of pool equipment; it serves as a pivotal partner in ensuring water environments are both serene and sustainable. The company specializes in producing a wide range of products that include pumps, filters, heaters, and sanitization equipment, innovating continuously to integrate energy efficiency and smart technology into their offerings. Their focus on marrying technological advancements with practical, user-friendly solutions positions them as a market leader in an industry increasingly leaning towards automation and sustainable practices.
Making its money primarily from the sales of pool equipment and systems, Hayward Holdings has strategically expanded its portfolio, optimizing its distribution network across the globe. The company taps into the growing desire among homeowners and commercial entities to enhance outdoor spaces, particularly the segment dedicated to water recreation. By understanding the intricacies of pool management—from water chemistry automation to energy conservation—Hayward amplifies its revenue stream through the integration of cutting-edge technologies. Notably, their advancements in IoT for pools allow users to remotely manage their systems, reaffirming the brand’s commitment to customer-centricity and industry leadership. This focus on innovation and customer satisfaction ensures not only a stable income but a forward-thinking approach to capturing more of the market share in the years to come.
Sales Beat: Net sales increased 7% in the third quarter to $244 million, exceeding expectations, with growth in both North America and international markets.
Margin Expansion: Gross profit margin rose 150 basis points to 51.2% and adjusted EBITDA margin increased 170 basis points to 24.2%, driven by operational efficiencies and tariff mitigation.
Raised Guidance: Full-year 2025 outlook was raised, now expecting net sales growth of 4% to 5.5% and adjusted EBITDA of $292–297 million.
Strong Aftermarket Model: Approximately 85% of sales are tied to the resilient aftermarket, with sustained demand in non-discretionary maintenance.
Tariff Mitigation: Direct sourcing from China into the US is being reduced from 10% to 3% of cost of goods sold by year-end, lessening tariff exposure.
Free Cash Flow Up: Full-year free cash flow guidance increased by $20 million to $170 million.
Product Innovation: Continued investment in new technology and automation products, with strong dealer adoption of OmniX controls and plans for further launches.
