Hankey Group is comprised of seven operating companies with 1,631 employees, all headquartered in Los Angeles, California. Don Hankey founded six of the seven companies and purchased another in 1988. As of the beginning of 2012, Hankey Group’s total assets exceeded $1,800,000,000.
In 2011, Hankey Group’s growth in assets was 41%, growth in revenue was 30% and growth in profit was 57%. The Hankey Group companies strive to maintain a return on equity, before tax, of 30%, and an annual growth rate of 20%. Operating with low leverage has enabled us to realize record profit margins and expand our business during the recent downturn. Hankey Group’s profit forecast for 2012 is a gain of 25%.