The Hain Celestial Group, Inc. Company Profile
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The Hain Celestial Group, Inc.
Food
- Establishment Year
1993
- Headquarters
USA
- Key Management
Mr. Mark Lawrence Schiller (President)
- Revenue (US$ Mn)
1,970.3 (2021)
- Headcount
~ 5,500
- Website
Business Description
Hain Celestial Group, Inc. is involved in the distribution and production of organic and natural products. It operates in the United States, United Kingdom, and the Rest of the World. Corporate and Other are its geographic segments. The United States segment includes baby, pantry, snack food, and fresh tea products. The United Kingdom segment sells frozen and chilled products.
The Rest of the World distributes products in Canada, Europe, and other countries. The expenses incurred by the firm’s administrative functions are included in the Corporate and other segments. Irwin David Simon founded the company on May 19, 1993. It is located in Lake Success, NY. Hain Celestial Group, Inc., through its subsidiary “Earth’s Best”, manufactures baby foods.
Key Financials
Revenue (US$ Mn)
- US$ 1,970 Mn was the annual revenue generated by The Hain Celestial Group, Inc. in 2021
- The Hain Celestial Group, Inc.’s annual revenue for 2020 was US$ 2,054 Mn, a -2.41% decrease from 2019
- From 2018’s annual revenues, The Hain Celestial Group, Inc. registered a -8.58% decrease in 2019, amounting to US$ 2,105 Mn
- Total revenue of US$ 2,302 Mn was generated in 2018 by The Hain Celestial Group, Inc.
Operating Income (US$ Mn)
- The Hain Celestial Group, Inc.’s operating income for 2021 was US$ 107 Mn, a 91.61% increase from 2020
- The operating income generated by The Hain Celestial Group, Inc. in 2020 was US$ 56 Mn
- At a -40% decrease from, The Hain Celestial Group, Inc.’s operating income of US$ 32 Mn was indexed in 2019
- The Hain Celestial Group, Inc. generated an operating income of US$ 54 Mn in 2018
Net Income (US$ Mn)
- The Hain Celestial Group, Inc.’s net income for 2021 was US$ 77 Mn, a -3.86% decrease from 2020
- The net income generated by The Hain Celestial Group, Inc. in 2020 was US$ 80 Mn
- At a -200.16% decrease from , The Hain Celestial Group, Inc.’s net income of US$ 183 Mn was indexed in 2019
- The Hain Celestial Group, Inc. generated a net income of US$ -183 Mn in 2018
Operating Margin %
- 5% was the operating margin generated by The Hain Celestial Group, Inc. in 2021
- The Hain Celestial Group, Inc.’s operating margin for 2020 was 3%, an 80% increase from 2019
- From 2018’s operating margins, The Hain Celestial Group, Inc. registered a -37.5% decrease in 2019, amounting to 2%
- An operating margin of 2% was generated in 2018 by The Hain Celestial Group, Inc.
Gross Margin %
- The Hain Celestial Group, Inc.’s gross margin for 2021 was 25%, a 10.13% increase from 2020
- The gross margin generated by The Hain Celestial Group, Inc. in 2020 was 23%
- At a -2.07% decrease from , The Hain Celestial Group, Inc.’s gross margin of 19% was indexed in 2019
- The Hain Celestial Group, Inc. generated a gross margin of 19% in 2018
SWOT Analysis
Strengths
Strong R&D capabilities
Hain Celestial spends a lot of its resources on R&D. The company’s research and development (R&D), activities focus on creating products that meet customers’ needs for natural, organic, and healthier alternatives to packaged food and personal care products. The company’s R&D team includes microbiologists, nutritionists, chefs, chemists, and food scientists. They work together to create products. It also works to improve existing products using new technology, packaging, and ingredients.
Hein Celestial spent US$9.7million on R&D in FY2018. This accounted for 0.4% percent of the company’s total revenue. The company can launch new products due to its consistent research capabilities. The company’s innovation-based strategies allow it to keep up with industry changes and provide it with a ‘first mover advantage’ by launching products before the competition. It also provides advanced products and services for its customers.
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