8-K Announcements
6May 5, 2026·SEC
Mar 3, 2026·SEC
Dec 8, 2025·SEC
Latham Group, Inc. (SWIM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Latham Group, Inc. (SWIM) stock price & volume — 10-year historical chart
Latham Group, Inc. (SWIM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Latham Group, Inc. (SWIM) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.06vs $0.05-20.0% | $117Mvs $118M-0.9% |
| Q2 2026 | Mar 3, 2026 | $0.03vs $0.09+66.7% | $100Mvs $96M+4.3% |
| Q4 2025 | Nov 4, 2025 | $0.08vs $0.10-20.0% | $162Mvs $96M+68.9% |
| Q3 2025 | Aug 5, 2025 | $0.14vs $0.13+7.7% | $173Mvs $166M+3.9% |
Latham Group, Inc. (SWIM) competitors in Site, water and foundation infrastructure — business model, growth, and fundamentals comparison
Latham Group, Inc. (SWIM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Latham Group, Inc. (SWIM) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 317.98M | 403.39M | 630.46M | 695.74M | 566.49M | 508.52M | 545.91M | 551.81M |
| Revenue Growth % | - | 26.86% | 56.29% | 10.35% | -18.58% | -10.23% | 7.35% | 8.34% |
| Cost of Goods Sold | 219.82M | 260.62M | 426.29M | 479.27M | 413.55M | 354.78M | 392.77M | 394.39M |
| COGS % of Revenue | 69.13% | 64.61% | 67.62% | 68.89% | 73% | 69.77% | 71.95% | - |
| Gross Profit | 98.16M▲ 0% | 142.77M▲ 45.5% | 204.16M▲ 43.0% | 216.47M▲ 6.0% | 152.94M▼ 29.3% | 153.74M▲ 0.5% | 153.14M▼ 0.4% | 157.42M▲ 0% |
| Gross Margin % | 30.87% | 35.39% | 32.38% | 31.11% | 27% | 30.23% | 28.05% | 28.53% |
| Gross Profit Growth % | - | 45.46% | 43% | 6.03% | -29.35% | 0.52% | -0.39% | - |
| Operating Expenses | 73.03M | 102.87M | 240.34M | 186.46M | 136.81M | 135.47M | 121.26M | 120.03M |
| OpEx % of Revenue | 22.97% | 25.5% | 38.12% | 26.8% | 24.15% | 26.64% | 22.21% | - |
| Selling, General & Admin | 57.39M | 85.53M | 217.78M | 146.84M | 110.3M | 108.36M | 122.56M | 128.53M |
| SG&A % of Revenue | 18.05% | 21.2% | 34.54% | 21.11% | 19.47% | 21.31% | 22.45% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 15.64M | 17.35M | 22.57M | 39.62M | 26.52M | 27.1M | -1.31M | 1000K |
| Operating Income | 25.13M▲ 0% | 39.9M▲ 58.8% | -36.18M▼ 190.7% | 30.01M▲ 182.9% | 16.13M▼ 46.3% | 18.28M▲ 13.3% | 31.89M▲ 74.5% | 30.22M▲ 0% |
| Operating Margin % | 7.9% | 9.89% | -5.74% | 4.31% | 2.85% | 3.59% | 5.84% | 5.48% |
| Operating Income Growth % | - | 58.8% | -190.68% | 182.95% | -46.25% | 13.32% | 74.47% | - |
| EBITDA | 46.78M | 65.26M | -3.95M | 68.19M | 56.88M | 62.72M | 83.24M | 69.17M |
| EBITDA Margin % | 14.71% | 16.18% | -0.63% | 9.8% | 10.04% | 12.33% | 15.25% | 12.54% |
| EBITDA Growth % | - | 39.5% | -106.05% | 1826.64% | -16.58% | 10.27% | 32.71% | 11.76% |
| D&A (Non-Cash Add-back) | 21.66M | 25.36M | 32.23M | 38.17M | 40.75M | 44.45M | 51.35M | 38.95M |
| EBIT | 25.43M | 41.01M | -29.1M | 41.45M | 20.86M | 16.1M | 31.89M | 40.05M |
| Net Interest Income | -22.64M | -18.25M | -24.43M | -15.75M | -30.92M | -24.84M | -25.8M | -19.43M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 22.64M | 18.25M | 24.43M | 15.75M | 30.92M | 24.84M | 25.8M | 24.19M |
| Other Income/Expense | -22.34M | -17.14M | -17.35M | -16.29M | -26.19M | -27.02M | -18.4M | -18.03M |
| Pretax Income | 2.79M▲ 0% | 22.76M▲ 716.9% | -53.53M▼ 335.2% | 13.72M▲ 125.6% | -10.06M▼ 173.3% | -8.74M▲ 13.1% | 13.49M▲ 254.3% | 12.19M▲ 0% |
| Pretax Margin % | 0.88% | 5.64% | -8.49% | 1.97% | -1.78% | -1.72% | 2.47% | 2.21% |
| Income Tax | -4.67M | 6.78M | 8.82M | 19.41M | -7.67M | 9.12M | 2.36M | 3.64M |
| Effective Tax Rate % | -167.66% | 29.77% | -16.47% | 141.5% | 76.26% | -104.35% | 17.53% | 29.84% |
| Net Income | 7.46M▲ 0% | 15.98M▲ 114.3% | -62.35M▼ 490.1% | -5.69M▲ 90.9% | -2.39M▲ 58.1% | -17.86M▼ 647.9% | 11.12M▲ 162.3% | 8.55M▲ 0% |
| Net Margin % | 2.35% | 3.96% | -9.89% | -0.82% | -0.42% | -3.51% | 2.04% | 1.55% |
| Net Income Growth % | - | 114.34% | -490.09% | 90.87% | 58.06% | -647.91% | 162.28% | 153.59% |
| Net Income (Continuing) | 7.46M | 15.98M | -62.35M | -5.69M | -2.39M | -17.86M | 11.12M | 8.55M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.06▲ 0% | 0.13▲ 110.0% | -0.56▼ 530.8% | -0.05▲ 91.0% | -0.02▲ 57.9% | -0.15▼ 607.5% | 0.09▲ 161.9% | 0.07▲ 0% |
| EPS Growth % | - | 110.02% | -530.77% | 91.02% | 57.85% | -607.55% | 161.87% | 149.71% |
| EPS (Basic) | 0.06 | 0.13 | -0.56 | -0.05 | -0.02 | -0.15 | 0.10 | - |
| Diluted Shares Outstanding | 120.43M | 120.43M | 110.64M | 113.25M | 112.9M | 115.44M | 119.82M | 116.89M |
| Basic Shares Outstanding | 120.43M | 120.43M | 110.64M | 113.25M | 112.9M | 115.44M | 116.42M | 116.89M |
| Dividend Payout Ratio | 2.68% | - | - | - | - | - | - | - |
Latham Group, Inc. (SWIM) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 127.69M | 167.33M | 229.07M | 255.01M | 238.62M | 178.3M | 219M | 229.87M |
| Cash & Short-Term Investments | 56.66M | 59.31M | 43.95M | 32.63M | 102.76M | 56.4M | 71.04M | 27.48M |
| Cash Only | 56.66M | 59.31M | 43.95M | 32.63M | 102.76M | 56.4M | 71.04M | 27.48M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 31.43M | 37.13M | 64.79M | 51.16M | 31.39M | 36.26M | 39.91M | 89.21M |
| Days Sales Outstanding | 36.07 | 33.6 | 37.51 | 26.84 | 20.23 | 26.03 | 26.69 | 52.46 |
| Inventory | 35.61M | 64.82M | 109.56M | 165.22M | 97.14M | 77.1M | 74.93M | 87.61M |
| Days Inventory Outstanding | 59.13 | 90.78 | 93.8 | 125.83 | 85.73 | 79.32 | 69.63 | 72.07 |
| Other Current Assets | 0 | 0 | 0 | 6M | 7.33M | 8.54M | 33.12M | 25.57M |
| Total Non-Current Assets | 398.02M | 479.35M | 565.42M | 614.68M | 596.39M | 615.91M | 604.22M | 626.53M |
| Property, Plant & Equipment | 37.84M | 47.36M | 63.51M | 136.49M | 143.8M | 141.11M | 149.54M | 167.78M |
| Fixed Asset Turnover | 8.40x | 8.52x | 9.93x | 5.10x | 3.94x | 3.60x | 3.65x | 3.64x |
| Goodwill | 101.67M | 115.75M | 128.87M | 131.38M | 131.36M | 152.63M | 155.19M | 161.14M |
| Intangible Assets | 258.3M | 289.47M | 338.31M | 309.21M | 282.79M | 292.91M | 268.07M | 265.54M |
| Long-Term Investments | 0 | 25.38M | 23.36M | 25.09M | 25.94M | 24.89M | 26.48M | 78.64M |
| Other Non-Current Assets | 0 | 1.04M | 765K | 4.73M | 5M | 3.64M | 4.21M | 35.79M |
| Total Assets | 525.71M▲ 0% | 646.68M▲ 23.0% | 794.48M▲ 22.9% | 869.68M▲ 9.5% | 835M▼ 4.0% | 794.21M▼ 4.9% | 823.22M▲ 3.7% | 856.4M▲ 0% |
| Asset Turnover | 0.60x | 0.62x | 0.79x | 0.80x | 0.68x | 0.64x | 0.66x | 0.66x |
| Asset Growth % | - | 23.01% | 22.86% | 9.47% | -3.99% | -4.89% | 3.65% | 5.51% |
| Total Current Liabilities | 50.2M | 93.94M | 115.17M | 86.86M | 86.21M | 70.98M | 79.14M | 122.27M |
| Accounts Payable | 12.09M | 27.42M | 38M | 25.45M | 17.12M | 13.14M | 19.28M | 29.87M |
| Days Payables Outstanding | 20.08 | 38.4 | 32.53 | 19.38 | 15.11 | 13.52 | 17.92 | 24.22 |
| Short-Term Debt | 6.89M | 13.04M | 17.22M | 3.25M | 21.25M | 3.25M | 10.88M | 10.04M |
| Deferred Revenue (Current) | 0 | 4.53M | 5.93M | 4.48M | 3.79M | 3.79M | 0 | 0 |
| Other Current Liabilities | 15.93M | 10.12M | 46.48M | 39.73M | 2.89M | 2.39M | 48.98M | 82.35M |
| Current Ratio | 2.54x | 1.78x | 1.99x | 2.94x | 2.77x | 2.51x | 2.77x | 2.77x |
| Quick Ratio | 1.83x | 1.09x | 1.04x | 1.03x | 1.64x | 1.43x | 1.82x | 1.82x |
| Cash Conversion Cycle | 75.13 | 85.98 | 98.78 | 133.29 | 90.85 | 91.83 | 78.4 | 100.31 |
| Total Non-Current Liabilities | 281.72M | 271.13M | 325.67M | 400.03M | 349.6M | 336.01M | 338.22M | 337.44M |
| Long-Term Debt | 216.33M | 208.45M | 263.19M | 309.63M | 279.95M | 278.27M | 23.96M | 23.63M |
| Capital Lease Obligations | 0 | 0 | 0 | 32.39M | 24.79M | 22.14M | 0 | 73.71M |
| Deferred Tax Liabilities | 65.08M | 60.73M | 62.03M | 57.3M | 40.09M | 32.35M | 34.27M | 133.23M |
| Other Non-Current Liabilities | 306K | 1.94M | 453K | 702K | 4.77M | 3.25M | 279.99M | 285.25M |
| Total Liabilities | 331.92M | 365.07M | 440.84M | 486.89M | 435.8M | 406.99M | 417.36M | 459.7M |
| Total Debt | 223.22M | 221.5M | 280.41M | 352.19M | 333.12M | 310.83M | 34.84M | 33.67M |
| Net Debt | 166.57M | 162.19M | 236.46M | 319.57M | 230.36M | 254.44M | -36.2M | 6.19M |
| Debt / Equity | 1.15x | 0.79x | 0.79x | 0.92x | 0.83x | 0.80x | 0.09x | 0.09x |
| Debt / EBITDA | 4.77x | 3.39x | - | 5.17x | 5.86x | 4.96x | 0.42x | 0.49x |
| Net Debt / EBITDA | 3.56x | 2.49x | - | 4.69x | 4.05x | 4.06x | -0.43x | -0.43x |
| Interest Coverage | 1.12x | 2.25x | -1.19x | 2.63x | 0.67x | 0.65x | 1.24x | 1.66x |
| Total Equity | 193.79M▲ 0% | 281.61M▲ 45.3% | 353.64M▲ 25.6% | 382.79M▲ 8.2% | 399.2M▲ 4.3% | 387.22M▼ 3.0% | 405.86M▲ 4.8% | 396.7M▲ 0% |
| Equity Growth % | - | 45.31% | 25.58% | 8.24% | 4.29% | -3% | 4.81% | 4.53% |
| Book Value per Share | 1.61 | 2.34 | 3.20 | 3.38 | 3.54 | 3.35 | 3.39 | 3.39 |
| Total Shareholders' Equity | 193.79M | 281.61M | 353.64M | 382.79M | 399.2M | 387.22M | 405.86M | 396.7M |
| Common Stock | 11K | 12K | 12K | 11K | 11K | 12K | 12K | 12K |
| Retained Earnings | -2.22M | 13.77M | -48.58M | -54.57M | -56.96M | -74.82M | -63.69M | -72.23M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -471K | 2.35M | 370K | -3.53M | -3.54M | -5.05M | -3.88M | -3.23M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Latham Group, Inc. (SWIM) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 35.66M | 63.16M | 33.69M | 32.31M | 116.37M | 61.31M | 51.43M | 51.43M |
| Operating CF Margin % | 11.21% | 15.66% | 5.34% | 4.64% | 20.54% | 12.06% | 9.42% | - |
| Operating CF Growth % | - | 77.14% | -46.66% | -4.1% | 260.18% | -47.32% | -16.11% | 87.54% |
| Net Income | 7.46M | 15.98M | -62.35M | -5.69M | -2.39M | -17.86M | 11.12M | 8.55M |
| Depreciation & Amortization | 21.66M | 25.36M | 32.23M | 38.17M | 40.75M | 44.45M | 51.35M | 52.02M |
| Stock-Based Compensation | 808K | 1.83M | 128.78M | 50.63M | 18.8M | 7.39M | 9.25M | 8.38M |
| Deferred Taxes | -10.23M | -4.21M | -12.03M | -3.8M | -17.19M | -1.68M | 2.4M | 2.4M |
| Other Non-Cash Items | 10.6M | 3.14M | 1.84M | 26.59M | 17.1M | 18.48M | 6.61M | -60.68M |
| Working Capital Changes | 5.36M | 21.05M | -54.78M | -73.59M | 59.29M | 10.53M | -29.3M | 39.92M |
| Change in Receivables | -7.1M | 5.27M | -26.02M | 8.99M | 14.37M | -2.38M | -17.44M | -9.77M |
| Change in Inventory | 12.96M | -17.02M | -39.66M | -57.03M | 68.19M | 22.7M | 2.84M | 2.77M |
| Change in Payables | -2.28M | 9.78M | 10.68M | -12.36M | -8.51M | -4.04M | 5.8M | 1.24M |
| Cash from Investing | -27.08M | -115.81M | -108.2M | -45.02M | -31.73M | -84.64M | -30.32M | -46.83M |
| Capital Expenditures | -8.16M | -16.26M | -24.98M | -39.68M | -33.19M | -20.12M | -25.39M | -32.43M |
| CapEx % of Revenue | 2.57% | 4.03% | 3.96% | 5.7% | 5.86% | 3.96% | 4.65% | - |
| Acquisitions | -20.21M | -100.12M | -83.27M | -5.36M | 0 | -64.53M | -4.93M | -14.4M |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 1.3M | 579K | 35K | 24K | 1.46M | 0 | 0 | 0 |
| Cash from Financing | 16.55M | 54.3M | 60.02M | 3.77M | -13.88M | -22.02M | -6.97M | -1.06M |
| Debt Issued (Net) | 16.5M | -4.04M | 53.67M | 33.68M | -13.88M | -22.02M | -4.07M | -24.8M |
| Equity Issued (Net) | 50K | 64.97M | 117.63M | -280.7M | 0 | 0 | 0 | 2.31M |
| Dividends Paid | -200K | 0 | -110.03M | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -200K | -582K | -281.64M | -280.7M | 0 | 0 | 0 | 2.31M |
| Other Financing | 200K | -6.62M | -1.25M | 250.8M | 0 | 0 | -2.9M | 21.43M |
| Net Change in Cash | 24.17M▲ 0% | 2.65M▼ 89.0% | -15.36M▼ 678.5% | -11.33M▲ 26.3% | 70.14M▲ 719.3% | -46.37M▼ 166.1% | 14.64M▲ 131.6% | 3.52M▲ 0% |
| Free Cash Flow | 27.49M▲ 0% | 46.9M▲ 70.6% | 8.71M▼ 81.4% | -7.38M▼ 184.6% | 83.18M▲ 1227.9% | 41.19M▼ 50.5% | 26.05M▼ 36.8% | 18.16M▲ 0% |
| FCF Margin % | 8.65% | 11.63% | 1.38% | -1.06% | 14.68% | 8.1% | 4.77% | 3.29% |
| FCF Growth % | - | 70.59% | -81.42% | -184.62% | 1227.86% | -50.48% | -36.77% | -40.88% |
| FCF per Share | 0.23 | 0.39 | 0.08 | -0.07 | 0.74 | 0.36 | 0.22 | 0.22 |
| FCF Conversion (FCF/Net Income) | 4.78x | 3.95x | -0.54x | -5.67x | -48.73x | -3.43x | 4.62x | 2.12x |
| Interest Paid | 19.49M | 15.63M | 17.37M | 12.62M | 25.75M | 24.89M | 0 | -6.27M |
| Taxes Paid | 168K | 14.81M | 20.05M | 20.31M | 6.99M | 15.47M | 0 | -344K |
Latham Group, Inc. (SWIM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 6.72% | -19.63% | -1.55% | -0.61% | -4.54% | 2.81% | 2.13% |
| Return on Invested Capital (ROIC) | 7.44% | -5.25% | 3.48% | 1.82% | 2.16% | 4.73% | 4.73% |
| Gross Margin | 35.39% | 32.38% | 31.11% | 27% | 30.23% | 28.05% | 28.53% |
| Net Margin | 3.96% | -9.89% | -0.82% | -0.42% | -3.51% | 2.04% | 1.55% |
| Debt / Equity | 0.79x | 0.79x | 0.92x | 0.83x | 0.80x | 0.09x | 0.09x |
| Interest Coverage | 2.25x | -1.19x | 2.63x | 0.67x | 0.65x | 1.24x | 1.66x |
| FCF Conversion | 3.95x | -0.54x | -5.67x | -48.73x | -3.43x | 4.62x | 2.12x |
| Revenue Growth | 26.86% | 56.29% | 10.35% | -18.58% | -10.23% | 7.35% | 8.34% |
Latham Group, Inc. (SWIM) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 5, 2026·SEC
Mar 3, 2026·SEC
Dec 8, 2025·SEC
Latham Group, Inc. (SWIM) stock FAQ — growth, dividends, profitability & financials explained
Latham Group, Inc. (SWIM) reported $551.8M in revenue for fiscal year 2025. This represents a 74% increase from $318.0M in 2019.
Latham Group, Inc. (SWIM) grew revenue by 7.4% over the past year. This is steady growth.
Yes, Latham Group, Inc. (SWIM) is profitable, generating $8.6M in net income for fiscal year 2025 (2.0% net margin).
Latham Group, Inc. (SWIM) has a return on equity (ROE) of 2.8%. This is below average, suggesting room for improvement.
Latham Group, Inc. (SWIM) generated $18.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Latham Group, Inc. (SWIM) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates