Latham Group, Inc. SWIM R2K
Industrials · Building Products & Equipment · United States
Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. The company offers in-ground swimming pools, including fiberglass and packaged pools; and covers, such as automatic safety and all-season pool covers; and liners. It sells its products directly to dealers and distributors who warehouse the products and sell to dealers under the Latham, The Pool Company brand name, as well as sub-brands comprising Narellan, CoverStar, Radiant, and GLI brands. The company was formerly known as Latham Topco, Inc. and changed its name to Latham Group, Inc. in March 2021. Latham Group, Inc. was founded in 1956 and is headquartered in Latham, New York.
READ MORE ›$5.28
-6.55% 1Y
Market & Price
Market Cap
$619.93M
Current Price
$5.28
High / Low (52W)
$8.25 / $4.76
Beta
1.72
Valuation
Stock P/E
75.43
Industry PE
28.38
Forward P/E
19.51
PEG Ratio
-
Book Value
$3.48
Price to Book
1.52
P/S
1.12
EV/EBITDA
11.19
Dividend Yield
-
Profitability & Returns
ROCE
5.28%
ROE
2.20%
ROA
2.36%
Profit Margin
1.55%
Op Margin
-2.96%
EPS (Latest Qtr)
$-0.07
EPS (TTM)
$0.07
Balance Sheet & Liquidity
Debt/Equity
0.87
Quick Ratio
1.08
Current Ratio
1.88
Debt
$344.80M
Total Assets
$823.22M
Current Assets
$219.00M
Working Capital
$139.86M
Ownership
Promoter Holding
6.91%
Chg in Prom Hold
-
FII / Inst Holding
91.29%
Chg in FII Hold
-
Financial Snapshot
Enterprise Value
$937.26M
Total Revenue (TTM)
$551.81M
EBITDA
$83.79M
Free Cash Flow
$28.09M
Operating Cash Flow
$62.59M
Shares Outstanding
117.41M
Gross Margin
33.77%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
-7.77%
Profit 5Y
98.45%
Revenue (YoY)
5.30%
Earnings (YoY)
-
PROS
- Profit CAGR of 98.5% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 75.4.
- Revenue declined at -7.8% CAGR over 5 years.
- Trading 36.0% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SWIM Latham Group, Inc. R2K | 5.28 | 75.43 | $619.93M | - | 5.28% | 2.20% | -7.77% | 98.45% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
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Quarterly Results
Figures in USD.
| Metric | Mar 2020 | Jun 2020 | Sep 2020 | Apr 2021 | Jul 2021 | Oct 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Apr 2023 | Jul 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 51.13M | 112.82M | 127.51M | 148.75M | 180.89M | 161.96M | 191.61M | 206.80M | 189.40M | 137.72M | 177.13M | 160.78M | 110.63M | 160.12M | 150.50M | 111.42M | 172.64M | 161.90M | 99.95M | 117.31M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 78.54M | 108.68M | 104.60M | 72.01M | 80.16M |
| Gross Profit | 10.10M | 44.36M | 50.31M | 52.44M | 58.35M | 50.99M | 70.65M | 67.61M | 58.88M | 33.37M | 50.23M | 48.15M | 30.59M | 53.02M | 48.69M | 32.88M | 63.96M | 57.31M | 27.94M | 37.16M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 37.81M | 39.24M | 35.80M | 38.66M | 43.76M |
| Operating Income | -9.40M | 24.94M | 26.16M | 19.67M | -42.41M | -2.57M | 6.80M | 18.65M | 24.97M | -6.32M | 13.39M | 18.08M | -2.07M | 20.01M | 13.37M | -4.93M | 24.72M | 21.51M | -10.72M | -6.60M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.73M | 40.96M | 34.53M | 6.43M | 6.48M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.37M | 7.15M | 6.07M | 6.22M | 4.76M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -10.04M | 21.11M | 15.58M | -13.16M | -11.34M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.08M | 5.13M | 7.47M | -6.15M | -2.81M |
| Net Income | -15.45M | 16.41M | 17.74M | 8.53M | -53.60M | -11.30M | -2.84M | 4.30M | 11.88M | -14.37M | 5.71M | 6.15M | -7.86M | 13.28M | 5.90M | -5.96M | 15.98M | 8.12M | -7.01M | -8.53M |
| Diluted EPS | - | 0.17 | 0.18 | 0.07 | -0.49 | -0.10 | -0.02 | 0.04 | 0.10 | -0.13 | 0.05 | 0.05 | -0.07 | 0.11 | 0.05 | -0.05 | 0.13 | 0.07 | -0.06 | -0.07 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 317.98M | 403.39M | - | 695.74M | 566.49M | 508.52M | 545.91M |
| Cost of Revenue | - | - | - | 479.27M | 413.55M | 354.78M | 363.82M |
| Gross Profit | 98.16M | 142.77M | - | 216.47M | 152.94M | 153.74M | 182.09M |
| Operating Expenses | - | - | - | 186.46M | 136.81M | 135.47M | 151.51M |
| Operating Income | 25.12M | 39.90M | - | 30.01M | 16.13M | 18.28M | 30.58M |
| EBITDA | - | - | - | 67.65M | 61.61M | 60.55M | 90.65M |
| Interest Expense | - | - | - | 15.75M | 30.92M | 24.84M | 25.80M |
| Pretax Income | - | - | - | 13.72M | -10.06M | -8.74M | 13.49M |
| Tax Provision | - | - | - | 19.41M | -7.67M | 9.12M | 2.36M |
| Net Income | 7.46M | 15.98M | - | -5.69M | -2.39M | -17.86M | 11.12M |
| Diluted EPS | 0.08 | 0.16 | -0.56 | -0.05 | -0.02 | -0.15 | - |
Compounded Sales Growth
| 5 Years: | -7.77% |
| 1 Year: | 5.30% |
Compounded Profit Growth
| 5 Years: | 98.45% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -6.55% |
| 6 Months: | -25.63% |
| 3 Months: | -21.31% |
| 1 Month: | -9.59% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 646.68M | - | 869.68M | 835.00M | 794.21M | 823.22M |
| Current Assets | - | - | - | - | 255.01M | 238.62M | 178.30M | 219.00M |
| Cash & Equivalents | - | - | - | - | 32.63M | 102.76M | 56.40M | 71.04M |
| Inventory | - | - | - | - | 165.22M | 97.14M | 77.10M | 74.93M |
| Receivables | - | - | - | - | 48.85M | 30.41M | 32.30M | 39.91M |
| Total Liabilities | - | - | 365.07M | - | 486.89M | 435.80M | 406.99M | 417.36M |
| Current Liabilities | - | - | 93.94M | - | 86.86M | 86.21M | 70.98M | 79.14M |
| Long Term Debt | - | - | - | - | 309.63M | 279.95M | 278.27M | 276.59M |
| Total Debt | - | - | - | - | 352.19M | 333.12M | 310.83M | 311.44M |
| Total Equity | 180.28M | 193.79M | 281.61M | - | 382.79M | 399.20M | 387.22M | 405.86M |
| Shares Outstanding | - | - | - | - | 114.67M | 114.87M | 115.76M | 116.77M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 35.66M | 63.16M | - | 32.31M | 116.37M | 61.31M | 63.43M |
| Investing Cash Flow | -27.08M | -115.81M | - | -45.02M | -31.73M | -84.64M | -42.32M |
| Financing Cash Flow | 16.55M | 54.30M | - | 3.77M | -13.88M | -22.02M | -6.97M |
| Capital Expenditure | -8.16M | -16.26M | - | -39.68M | -33.19M | -20.12M | -37.38M |
| Free Cash Flow | 27.49M | 46.90M | - | -7.38M | 83.18M | 41.19M | 26.05M |
| Net Change in Cash | - | - | - | -8.93M | 70.77M | -45.36M | 14.14M |
| Share Buybacks | 200.00K | 582.00K | 281.64M | 280.70M | 0 | 0 | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | 30.9% | 35.4% | - | 31.1% | 27.0% | 30.2% | 33.4% |
| Operating Margin % | 7.9% | 9.9% | - | 4.3% | 2.8% | 3.6% | 5.6% |
| Net Margin % | 2.3% | 4.0% | - | -0.8% | -0.4% | -3.5% | 2.0% |
| ROE % | 3.8% | 5.7% | - | -1.5% | -0.6% | -4.6% | 2.7% |
| ROCE % | - | 7.2% | - | 3.8% | 2.2% | 2.5% | 4.1% |
Shareholding Pattern
Insiders
6.91%
Institutions
91.29%
Public Float
98.07%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Pamplona Capital Management, Llc | 44.16% | 51.85M | $273.75M |
| 2 | Wellington Management Group, LLP | 7.80% | 9.16M | $48.38M |
| 3 | Ack Asset Management Llc | 4.39% | 5.16M | $27.24M |
| 4 | Keybank National Association | 3.49% | 4.09M | $21.61M |
| 5 | FMR, LLC | 3.13% | 3.67M | $19.38M |
| 6 | Dimensional Fund Advisors LP | 2.87% | 3.37M | $17.79M |
| 7 | Blackrock Inc. | 2.78% | 3.27M | $17.26M |
| 8 | Wasatch Advisors LP | 2.19% | 2.57M | $13.58M |
| 9 | Vanguard Capital Management LLC | 1.96% | 2.30M | $12.16M |
| 10 | Formula Growth Ltd | 1.07% | 1.26M | $6.63M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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