Latham Group, Inc.SWIM

NasdaqMaterialsPlastics Products, NEC
Price (close)
$6.23
Market cap
$732.2M
P/E
137.5x
Revenue (TTM)
$576.6M
Net income
$5.3M
Dividend yield
—
1-year total return
-16.6%
Net margin
0.9%
Revenue growth
10.5%
Debt / equity
0.68x

What Latham Group, Inc. does.

We are the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. We hold the leading position in North America in every product category in which we compete. It is our view that we are the most sought-after brand in the pool industry. We are Latham, The Pool Company TM .

With an operating history that spans over 70 years, we offer the industry’s broadest portfolio of pools and related products, including in-ground swimming pools, pool covers, and pool liners.

We have a heritage of innovation. In an industry that has traditionally marketed on a business-to-business basis (pool manufacturer to dealer), we pioneered the first “direct-to-homeowner” digital and social marketing strategy that has transformed the homeowner’s purchase journey. Through this marketing strategy, we are able to create demand for our pools and to provide high quality, purchase-ready consumer leads to our dealer partners.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$403.4M$630.5M$695.7M$566.5M$508.5M$545.9M
Net income$16.0M-$62.3M-$5.7M-$2.4M-$17.9M$11.1M
Free cash flow$46.9M$8.7M-$7.4M$83.2M$41.2M$38.0M

More on SWIM.

Figures from Latham Group, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.