Latham Group
SWIM
5.93
-0.44
-6.91%
Latham Group
US · SWIM
#3467 by market cap
Listed 2021
5.93
-0.44
-6.91%
Live - 5344 symbols - heartbeat 221s ago
· 2026-10-08 09:59
Pre-market
6.09
-4.41%
After-hours
6.37
0.00%
Overnight
6.34
-0.47%
- Market cap
- 697.64M
- P/E (TTM)i
- 118.60
- P/Bi
- 1.70
- EPSi
- 0.09
- Div yieldi
- 0.00%
- 52W posi
- 30%
Reader sentiment
Are you bullish or bearish on SWIM?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 1.88, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 7 years
Latest year +7.35% YoY
Margins
- Gross margin
- 33.35%
- Operating margin
- 5.60%
- Net margin
- 2.04%
Key ratios & quality
- Enterprise valuei
- 914.07M
- Altman Z-Scorei
- 1.88
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 317.98M | 403.39M | 630.46M | 695.74M | 566.49M | 508.52M | 545.91M |
| Gross profit | 98.16M | 142.77M | 204.16M | 216.47M | 152.94M | 153.74M | 182.09M |
| Selling & admin expenses | 57.39M | 85.53M | 217.78M | 146.84M | 110.30M | 108.36M | 122.57M |
| Research & development | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 25.13M | 39.90M | -36.18M | 30.01M | 16.13M | 18.28M | 30.58M |
| Pretax profit | 2.79M | 22.76M | -53.53M | 13.72M | -10.06M | -8.74M | 13.49M |
| Tax | -4.67M | 6.78M | 8.82M | 19.42M | -7.67M | 9.12M | 2.36M |
| Net profit | 7.46M | 15.98M | -62.35M | -5.69M | -2.39M | -17.86M | 11.12M |
| Basic EPS | 0 | 0 | -1 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.06 | 0.13 | -0.56 | -0.05 | -0.02 | -0.15 | 0.09 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 111.42M | 172.64M | 161.90M | 99.95M | 117.32M | 197.47M |
| Gross profit | 32.88M | 63.96M | 57.31M | 27.94M | 37.16M | 70.08M |
| Selling & admin expenses | 30.62M | 31.94M | 28.59M | 31.42M | 36.59M | 37.62M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -4.93M | 24.72M | 21.51M | -10.72M | -6.60M | 25.09M |
| Pretax profit | -10.04M | 21.11M | 15.58M | -13.16M | -11.34M | 18.87M |
| Tax | -4.08M | 5.13M | 7.47M | -6.15M | -2.81M | 6.11M |
| Net profit | -5.96M | 15.98M | 8.12M | -7.01M | -8.53M | 12.75M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.05 | 0.13 | 0.07 | -0.06 | -0.07 | 0.11 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total current assets | 127.69M | 167.33M | 229.07M | 255.01M | 238.62M | 178.30M | 219.00M |
| Cash & ST investments | 56.66M | 59.31M | 43.95M | 32.63M | 102.76M | 56.40M | 71.04M |
| Inventory | 35.61M | 64.82M | 109.56M | 165.22M | 97.14M | 77.10M | 74.93M |
| Total assets | 525.71M | 646.68M | 794.48M | 869.68M | 835.00M | 794.21M | 823.22M |
| Total current liabilities | 50.20M | 93.94M | 115.17M | 86.87M | 86.21M | 70.98M | 79.14M |
| Short-term debt | 6.89M | 13.04M | 17.22M | 10.17M | 28.38M | 10.43M | 10.88M |
| Long-term debt | 216.33M | 208.45M | 263.19M | 309.63M | 279.95M | 278.27M | 276.59M |
| Total liabilities | 331,916,000.00 | 365,067,000.00 | 440,838,000.00 | 486,893,000.00 | 435,803,000.00 | 406,985,000.00 | 417,362,000.00 |
| Total equity | 193.80M | 281.61M | 353.65M | 382.79M | 399.20M | 387.22M | 405.86M |
| Retained earnings | -2.22M | 13.77M | -48.58M | -54.57M | -56.96M | -74.82M | -63.69M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 211.54M | 214.37M | 240.92M | 219.00M | 229.87M | 240.63M |
| Cash & ST investments | 23.97M | 26.94M | 70.52M | 71.04M | 27.48M | 43.48M |
| Inventory | 86.86M | 78.65M | 70.32M | 74.93M | 87.61M | 79.61M |
| Total assets | 824.59M | 822.14M | 844.42M | 823.22M | 856.41M | 860.37M |
| Total current liabilities | 83.03M | 89.87M | 99.22M | 79.14M | 122.27M | 111.53M |
| Short-term debt | 10.35M | 10.18M | 10.38M | 10.88M | 41.04M | 10.14M |
| Long-term debt | 303.66M | 278.24M | 277.82M | 276.59M | 276.98M | 276.56M |
| Total liabilities | 443,443,000.00 | 423,714,000.00 | 436,065,000.00 | 417,362,000.00 | 459,703,000.00 | 448,940,000.00 |
| Total equity | 381.14M | 398.43M | 408.36M | 405.86M | 396.70M | 411.43M |
| Retained earnings | -80.78M | -64.80M | -56.68M | -63.69M | -72.23M | -59.47M |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 35.66M | 63.16M | 33.69M | 32.31M | 116.37M | 61.31M | 63.43M |
| Depreciation & amortization | 21.66M | 25.37M | 32.23M | 38.18M | 40.75M | 44.45M | 51.35M |
| Free cash flow | 27.49M | 46.90M | 8.72M | -7.38M | 83.18M | 41.19M | 26.05M |
| Dividends paid | 0 | 0 | -110.03M | -- | -- | -- | -- |
| Stock buybacks / issuance | 50.00K | 64.97M | 117.63M | -23.04M | -- | -- | -- |
| Ending cash balance | 56.66M | 59.31M | 43.95M | 32.63M | 102.76M | 56.40M | 71.04M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -46.88M | 35.98M | 51.03M | 23.31M | -47.72M | 53.50M |
| Depreciation & amortization | 12.40M | 12.70M | 12.88M | 13.38M | 13.07M | 13.67M |
| Free cash flow | -50.33M | 29.09M | 45.21M | 2.08M | -58.22M | 47.95M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -2.31M | -57.00K | -314.00K | -- | -2.38M | -94.00K |
| Ending cash balance | 23.97M | 26.94M | 70.52M | 71.04M | 27.48M | 43.48M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| ROE %i | 3.85 | -17.26 | -21.86 | -1.55 | -0.61 | -4.54 | 2.81 |
| ROA %i | 1.42 | -6.04 | -8.65 | -0.68 | -0.28 | -2.19 | 1.38 |
| ROIC %i | 5.75 | -5.24 | -7.83 | 0.99 | 3.00 | 0.25 | 4.58 |
| 5-year avg ROE %i | -- | -- | -- | -- | -2.24 | -3.92 | -4.70 |
| EBIT margin %i | 8.00 | 9.63 | -4.62 | 4.24 | 3.68 | 3.17 | 7.20 |
| FCF / sales %i | 8.65 | 11.63 | 1.38 | -- | 14.68 | 8.10 | 4.77 |
| Current ratioi | 2.54 | 1.78 | 1.99 | 2.94 | 2.77 | 2.51 | 2.77 |
| Quick ratioi | 1.75 | 1.03 | 0.94 | 0.96 | 1.56 | 1.31 | 1.56 |
| Debt / assetsi | 42.46 | 34.25 | 35.29 | 40.50 | 39.89 | 39.14 | 37.83 |
| LT debt / equityi | 111.63 | 74.02 | 74.42 | 89.35 | 76.34 | 77.58 | 74.05 |
| Interest coveragei | 1.12 | 2.41 | -1.19 | 1.87 | 0.67 | 0.65 | 1.52 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 29.82 | 11.98 | -6.91 | -7.77 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | 21.05 | 67.82 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -4.13 | -3.29 | -2.68 | 2.81 | 2.20 | 1.32 |
| ROA %i | -1.95 | -1.60 | -1.30 | 1.38 | 1.02 | 0.63 |
| ROIC %i | 0.67 | 1.17 | 1.12 | 4.58 | 3.51 | 2.67 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 2.90 | 4.47 | 5.62 | 7.20 | 6.59 | 5.71 |
| FCF / sales %i | 6.03 | 2.27 | 4.48 | 4.77 | 3.29 | 6.42 |
| Current ratioi | 2.55 | 2.39 | 2.43 | 2.77 | 1.88 | 2.16 |
| Quick ratioi | 1.40 | 1.38 | 1.62 | 1.56 | 1.08 | 1.33 |
| Debt / assetsi | 40.62 | 37.47 | 36.89 | 37.83 | 39.89 | 36.15 |
| LT debt / equityi | 85.17 | 74.77 | 73.73 | 74.05 | 75.78 | 73.13 |
| Interest coveragei | 0.56 | 0.85 | 1.23 | 1.52 | 1.50 | 1.43 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- In-ground Swimming Pools is the largest reported line at 48.77% of revenue, across 3 reported segments.
- Liners follows at 30.47%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
In-ground Swimming Pools48.77%
Liners30.47%
Covers20.75%
Quote time 2026-10-08 09:59:24 · For reference only, not investment advice and not tailored to your situation.