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$5.82$681M
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SWIM logoLatham Group, Inc.(SWIM)Earnings, Financials & Key Ratios

SWIM•NASDAQ
62.7× P/E·Price updated Jun 19, 2026
SectorIndustrialsIndustryConstructionSub-IndustrySite, water and foundation infrastructure
AboutLatham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools, pool covers, and pool liners. The company was formerly known as Latham Topco, Inc. and changed its name to Latham Group, Inc. in March 2021. Latham Group, Inc. was incorporated in 2018 and is headquartered in Latham, New York.Show more
  • Revenue$546M+7.4%
  • EBITDA$83M+32.7%
  • Net Income$11M+162.3%
  • EPS (Diluted)0.09+161.9%
  • Gross Margin28.05%-7.2%
  • EBITDA Margin15.25%+23.6%
  • Operating Margin5.84%+62.5%
  • Net Margin2.04%+158.0%
  • ROE2.81%+161.8%

SWIM Key Insights

Latham Group, Inc. (SWIM) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong Piotroski F-Score: 7/9
  • ✓High quality earnings: Operating CF exceeds net income

✗Weaknesses

  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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SWIM Price & Volume

Latham Group, Inc. (SWIM) stock price & volume — 10-year historical chart

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SWIM Growth Metrics

Latham Group, Inc. (SWIM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years6.24%
3 Years-7.77%
TTM8.34%

Profit CAGR

10 Years-
5 Years-6.99%
3 Years-
TTM153.59%

EPS CAGR

10 Years-
5 Years-6.52%
3 Years-
TTM149.71%

Return on Capital

10 Years2.89%
5 Years1.43%
3 Years2.98%
Last Year4.35%

SWIM Recent Earnings

Latham Group, Inc. (SWIM) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 5, 2026
Metric
Actual
Est
EPS
$0.06-20.0%
$0.05
Rev
$117M-0.9%
$118M
Q2 2026
Mar 3, 2026
Metric
Actual
Est
EPS
$0.03+66.7%
$0.09
Rev
$100M+4.3%
$96M
Q4 2025
Nov 4, 2025
Metric
Actual
Est
EPS
$0.08-20.0%
$0.10
Rev
$162M+68.9%
$96M
Q3 2025
Aug 5, 2025
Metric
Actual
Est
EPS
$0.14+7.7%
$0.13
Rev
$173M+3.9%
$166M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$0.06vs $0.05-20.0%
$117Mvs $118M-0.9%
Q2 2026Mar 3, 2026
$0.03vs $0.09+66.7%
$100Mvs $96M+4.3%
Q4 2025Nov 4, 2025
$0.08vs $0.10-20.0%
$162Mvs $96M+68.9%
Q3 2025Aug 5, 2025
$0.14vs $0.13+7.7%
$173Mvs $166M+3.9%
Based on last 12 quarters of dataView full earnings history →

SWIM Peer Comparison

Latham Group, Inc. (SWIM) competitors in Site, water and foundation infrastructure — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
HAYW logoHAYWHayward Holdings, Inc.Direct Competitor3.25B15.0022.066.71%13.98%10.32%0.01
LEXX logoLEXXLexaria Bioscience Corp.Direct Competitor12.01M0.54-0.8252.05%-20.68%-238.6%0.04
PATK logoPATKPatrick Industries, Inc.Direct Competitor2.9B87.3722.406.33%3.46%11.64%1.39
TREX logoTREXTrex Company, Inc.Direct Competitor4.9B47.1326.481.98%16.25%18.85%0.22
MAS logoMASMasco CorporationProduct Competitor15.01B74.3819.27-3.4%10.9%7.99%45.81
UFPI logoUFPIUFP Industries, Inc.Product Competitor4.92B86.5817.32-4.99%4.27%8.41%0.07
SHW logoSHWThe Sherwin-Williams CompanySupply Chain79.12B320.7931.242.06%10.86%58.23%3.16
POOL logoPOOLPool CorporationSupply Chain7.3B198.9918.34-0.41%7.58%32.17%0.29

Compare SWIM vs Peers

Latham Group, Inc. (SWIM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HAYW

Most directly comparable listed peer for SWIM.

Scale Benchmark

vs SHW

Larger-name benchmark to compare SWIM against a more recognizable public peer.

Peer Set

Compare Top 5

vs HAYW, LEXX, PATK, TREX

SWIM Income Statement

Latham Group, Inc. (SWIM) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue
317.98M403.39M630.46M695.74M566.49M508.52M545.91M551.81M
Revenue Growth %
-26.86%56.29%10.35%-18.58%-10.23%7.35%8.34%
Cost of Goods Sold
219.82M260.62M426.29M479.27M413.55M354.78M392.77M394.39M
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
73.03M102.87M240.34M186.46M136.81M135.47M121.26M120.03M
OpEx % of Revenue
22.97%25.5%38.12%26.8%24.15%26.64%22.21%-
Selling, General & Admin
57.39M85.53M217.78M146.84M110.3M108.36M122.56M128.53M
SG&A % of Revenue
18.05%21.2%34.54%21.11%19.47%21.31%22.45%-
Research & Development
00000000
R&D % of Revenue
--------
Other Operating Expenses
15.64M17.35M22.57M39.62M26.52M27.1M-1.31M1000K
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
46.78M65.26M-3.95M68.19M56.88M62.72M83.24M69.17M
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)
21.66M25.36M32.23M38.17M40.75M44.45M51.35M38.95M
EBIT
25.43M41.01M-29.1M41.45M20.86M16.1M31.89M40.05M
Net Interest Income
-22.64M-18.25M-24.43M-15.75M-30.92M-24.84M-25.8M-19.43M
Interest Income
00000000
Interest Expense
22.64M18.25M24.43M15.75M30.92M24.84M25.8M24.19M
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
-4.67M6.78M8.82M19.41M-7.67M9.12M2.36M3.64M
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)
7.46M15.98M-62.35M-5.69M-2.39M-17.86M11.12M8.55M
Discontinued Operations
00000000
Minority Interest
00000000
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)
0.060.13-0.56-0.05-0.02-0.150.10-
Diluted Shares Outstanding
120.43M120.43M110.64M113.25M112.9M115.44M119.82M116.89M
Basic Shares Outstanding
120.43M120.43M110.64M113.25M112.9M115.44M116.42M116.89M
Dividend Payout Ratio
2.68%-------

SWIM Balance Sheet

Latham Group, Inc. (SWIM) balance sheet — assets, liabilities & shareholders' equity

MetricDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets
127.69M167.33M229.07M255.01M238.62M178.3M219M229.87M
Cash & Short-Term Investments
56.66M59.31M43.95M32.63M102.76M56.4M71.04M27.48M
Cash Only
56.66M59.31M43.95M32.63M102.76M56.4M71.04M27.48M
Short-Term Investments
00000000
Accounts Receivable
31.43M37.13M64.79M51.16M31.39M36.26M39.91M89.21M
Days Sales Outstanding
36.0733.637.5126.8420.2326.0326.6952.46
Inventory
35.61M64.82M109.56M165.22M97.14M77.1M74.93M87.61M
Days Inventory Outstanding
59.1390.7893.8125.8385.7379.3269.6372.07
Other Current Assets
0006M7.33M8.54M33.12M25.57M
Total Non-Current Assets
398.02M479.35M565.42M614.68M596.39M615.91M604.22M626.53M
Property, Plant & Equipment
37.84M47.36M63.51M136.49M143.8M141.11M149.54M167.78M
Fixed Asset Turnover
8.40x8.52x9.93x5.10x3.94x3.60x3.65x3.64x
Goodwill
101.67M115.75M128.87M131.38M131.36M152.63M155.19M161.14M
Intangible Assets
258.3M289.47M338.31M309.21M282.79M292.91M268.07M265.54M
Long-Term Investments
025.38M23.36M25.09M25.94M24.89M26.48M78.64M
Other Non-Current Assets
01.04M765K4.73M5M3.64M4.21M31.02M
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
0.60x0.62x0.79x0.80x0.68x0.64x0.66x0.66x
Asset Growth %
-23.01%22.86%9.47%-3.99%-4.89%3.65%5.51%
Total Current Liabilities
50.2M93.94M115.17M86.86M86.21M70.98M79.14M122.27M
Accounts Payable
12.09M27.42M38M25.45M17.12M13.14M19.28M29.87M
Days Payables Outstanding
20.0838.432.5319.3815.1113.5217.9224.22
Short-Term Debt
6.89M13.04M17.22M3.25M21.25M3.25M10.88M10.04M
Deferred Revenue (Current)
04.53M5.93M4.48M3.79M3.79M00
Other Current Liabilities
15.93M10.12M46.48M39.73M2.89M2.39M48.98M82.35M
Current Ratio
2.54x1.78x1.99x2.94x2.77x2.51x2.77x1.88x
Quick Ratio
1.83x1.09x1.04x1.03x1.64x1.43x1.82x1.16x
Cash Conversion Cycle
75.1385.9898.78133.2990.8591.8378.4100.31
Total Non-Current Liabilities
281.72M271.13M325.67M400.03M349.6M336.01M338.22M337.44M
Long-Term Debt
216.33M208.45M263.19M309.63M279.95M278.27M23.96M23.63M
Capital Lease Obligations
00032.39M24.79M22.14M073.71M
Deferred Tax Liabilities
65.08M60.73M62.03M57.3M40.09M32.35M34.27M133.23M
Other Non-Current Liabilities
306K1.94M453K702K4.77M3.25M279.99M279.53M
Total Liabilities
331.92M365.07M440.84M486.89M435.8M406.99M417.36M459.7M
Total Debt
223.22M221.5M280.41M352.19M333.12M310.83M34.84M33.67M
Net Debt
166.57M162.19M236.46M319.57M230.36M254.44M-36.2M6.19M
Debt / Equity
1.15x0.79x0.79x0.92x0.83x0.80x0.09x0.08x
Debt / EBITDA
4.77x3.39x-5.17x5.86x4.96x0.42x0.49x
Net Debt / EBITDA
3.56x2.49x-4.69x4.05x4.06x-0.43x0.09x
Interest Coverage
1.12x2.25x-1.19x2.63x0.67x0.65x1.24x1.66x
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
1.612.343.203.383.543.353.393.39
Total Shareholders' Equity
193.79M281.61M353.64M382.79M399.2M387.22M405.86M396.7M
Common Stock
11K12K12K11K11K12K12K12K
Retained Earnings
-2.22M13.77M-48.58M-54.57M-56.96M-74.82M-63.69M-72.23M
Treasury Stock
00000000
Accumulated OCI
-471K2.35M370K-3.53M-3.54M-5.05M-3.88M-3.23M
Minority Interest
00000000

SWIM Cash Flow Statement

Latham Group, Inc. (SWIM) cash flow — operating, investing & free cash flow history

MetricDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
35.66M63.16M33.69M32.31M116.37M61.31M51.43M50.59M
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
7.46M15.98M-62.35M-5.69M-2.39M-17.86M11.12M8.55M
Depreciation & Amortization
21.66M25.36M32.23M38.17M40.75M44.45M51.35M52.02M
Stock-Based Compensation
808K1.83M128.78M50.63M18.8M7.39M9.25M8.38M
Deferred Taxes
-10.23M-4.21M-12.03M-3.8M-17.19M-1.68M2.4M2.4M
Other Non-Cash Items
10.6M3.14M1.84M26.59M17.1M18.48M6.61M-60.68M
Working Capital Changes
5.36M21.05M-54.78M-73.59M59.29M10.53M-29.3M39.92M
Change in Receivables
-7.1M5.27M-26.02M8.99M14.37M-2.38M-17.44M-9.77M
Change in Inventory
12.96M-17.02M-39.66M-57.03M68.19M22.7M2.84M2.77M
Change in Payables
-2.28M9.78M10.68M-12.36M-8.51M-4.04M5.8M1.24M
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%5.88%
Acquisitions
-20.21M-100.12M-83.27M-5.36M0-64.53M-4.93M-14.4M
Investments
--------
Other Investing
1.3M579K35K24K1.46M000
Cash from Financing
16.55M54.3M60.02M3.77M-13.88M-22.02M-6.97M-1.06M
Debt Issued (Net)
16.5M-4.04M53.67M33.68M-13.88M-22.02M-4.07M-24.8M
Equity Issued (Net)
50K64.97M117.63M-280.7M0002.31M
Dividends Paid
-200K0-110.03M00000
Share Repurchases
-200K-582K-281.64M-280.7M0002.31M
Other Financing
200K-6.62M-1.25M250.8M00-2.9M21.43M
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
0.230.390.08-0.070.740.360.220.16
FCF Conversion (FCF/Net Income)
4.78x3.95x-0.54x-5.67x-48.73x-3.43x4.62x2.12x
Interest Paid
19.49M15.63M17.37M12.62M25.75M24.89M0-6.27M
Taxes Paid
168K14.81M20.05M20.31M6.99M15.47M0-344K

SWIM Key Ratios

Latham Group, Inc. (SWIM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric202020212022202320242025TTM
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%3.8%
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
0.79x0.79x0.92x0.83x0.80x0.09x0.08x
Interest Coverage
2.25x-1.19x2.63x0.67x0.65x1.24x1.66x
FCF Conversion
3.95x-0.54x-5.67x-48.73x-3.43x4.62x2.12x
Revenue Growth
26.86%56.29%10.35%-18.58%-10.23%7.35%8.34%
Related:SWIM Dividend History·SWIM Revenue History·SWIM Price History·SWIM P/E History·SWIM Financial Ratios·SWIM Institutional Holders

SWIM SEC Filings & Documents

Latham Group, Inc. (SWIM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

Mar 3, 2026·SEC

Material company update

Dec 8, 2025·SEC

10-K Annual Reports

4
FY 2026

Mar 4, 2026·SEC

FY 2025

Mar 5, 2025·SEC

FY 2024

Mar 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

SWIM Frequently Asked Questions

Latham Group, Inc. (SWIM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

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).

Dividend & Returns

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.

What if you invested $1,000 in SWIM back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

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How much would $100/month in SWIM be worth today?

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