Latham Group, Inc. (SWIM)
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.
- Symbol
- SWIM
- Exchange
- Nasdaq
- Sector
- Industrials
- Industry
- Building Products & Equipment
- Market cap
- $779.26M
- 52 week range
- 4.64 - 8.97
Valuation
- Share price
- $6.34 (close of 2026-09-23)
- P/E (TTM)
- 132.60x
- Price to book
- 1.89x
- Price to free cash flow
- 15.90x
- Enterprise value
- $1.05B
- Book value per share
- $3.50
Price performance
| Period | Change |
|---|
| 1 day | -0.94% |
| 5 days | +1.12% |
| 1 month | -9.82% |
| 3 months | +7.82% |
| 6 months | +9.69% |
| Year to date | -0.16% |
| 1 year | -16.25% |
| 3 years | +157.72% |
| 5 years | -63.87% |
| All time | -76.74% |
Profitability and growth
- Return on equity
- 2.74%
- Return on invested capital
- 4.37%
- Return on assets
- 1.35%
- Return on capital employed
- 4.11%
- Gross margin
- 33.35%
- Net margin
- 2.04%
- EBITDA margin
- 15.01%
- Revenue growth
- 7.35%
- Net income growth
- 162.28%
- Free cash flow growth
- -7.64%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 6.29%
- Current ratio
- 2.16x
- Net debt to EBITDA
- 3.11x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $545.91M
- Cost of revenue
- $363.82M
- Gross profit
- $182.09M
- EBITDA
- $81.93M
- Net income
- $11.12M
- Earnings per share
- $0.10
- Shares outstanding
- 116.42M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $545.91M | $182.09M | $11.12M | $0.10 |
| 2024-12-31 | $508.52M | $153.74M | $-17.86M | $-0.15 |
| 2023-12-31 | $566.49M | $152.94M | $-2.39M | $-0.02 |
| 2022-12-31 | $695.74M | $216.47M | $-5.69M | $-0.05 |
| 2021-12-31 | $630.46M | $204.16M | $-62.35M | $-0.56 |
| 2020-12-31 | $403.39M | $142.77M | $15.98M | $0.16 |
| 2019-12-31 | $317.98M | $98.16M | $7.46M | $0.08 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 33.35% | 2.04% | 2.74% | 4.37% |
| 2024-12-31 | 30.23% | -3.51% | -4.61% | 1.43% |
| 2023-12-31 | 27.00% | -0.42% | -0.60% | 2.56% |
| 2022-12-31 | 31.11% | -0.82% | -1.49% | 2.14% |
| 2021-12-31 | 32.38% | -9.89% | -17.63% | -6.13% |
| 2020-12-31 | 35.39% | 3.96% | 5.68% | 14.07% |
| 2019-12-31 | 30.87% | 2.35% | 3.85% | 18.32% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $71.04M | $276.59M |
| 2024-12-31 | $56.40M | $278.27M |
| 2023-12-31 | $102.76M | $279.95M |
| 2022-12-31 | $32.63M | $309.63M |
| 2021-12-31 | $43.95M | $263.19M |
| 2020-12-31 | $59.31M | - |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $38.05M | $9.25M |
| 2024-12-31 | $41.19M | $7.39M |
| 2023-12-31 | $83.18M | $18.80M |
| 2022-12-31 | $-7.38M | $50.63M |
| 2021-12-31 | $8.71M | $128.78M |
| 2020-12-31 | $46.90M | $1.83M |
| 2019-12-31 | $27.49M | $808.00K |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-03
- Consensus EPS estimate
- $0.15
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-04 | Jun/2026 | $0.15 |
| 2026-05-05 | - | - |
| 2026-03-03 | - | - |
| 2025-11-04 | - | - |
| 2025-08-05 | - | - |
| 2025-05-06 | - | - |
| 2025-03-04 | - | - |
| 2024-11-05 | - | - |
Filings and sources
- Company website
- lathampool.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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