Latham Group, Inc. logo

Latham Group, Inc.

SWIM

NASDAQBasic MaterialsConstruction Materials

Regular session

$7.089

+$0.059 · +0.84%

Aug 24, 10:11 AM ET

SWIM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

57

Fair Value

Momentum

46

Neutral

Sentiment

56

Mixed

Risk resilience

40

Elevated Risk

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Company profile

Company website

Latham Group, Inc. is a company that focuses on the creation, manufacturing, and distribution of residential in-ground swimming pools. Its market presence spans North America, Australia, and New Zealand. The firm's product range encompasses various types of in-ground swimming pools, along with essential accompanying items like pool covers and liners. Originally incorporated in 2018 under the name Latham Topco, Inc., the company officially adopted its current identity, Latham Group, Inc., in March 2021. Its corporate headquarters are situated in Latham, New York.

Industry
Construction Materials
Sector
Basic Materials
Headquarters
US
CEO
Sean Gadd
Listed since
Apr 23, 2021
Employees
1,900

Market position

Day range

Current $7.089

52-week range

Current $7.089

Open
$7.11
Previous close
$7.03
Volume
43.16K
0.05× average
Average volume
794.5K
Average daily volume
Market cap
832.33M USD
Beta
1.68
Market reference 1
50-day average
$6.248
+13.46% above average
200-day average
$6.2011
+14.32% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
979.69M USD
P/E (TTM)
152.12×
P/B (TTM)
2.02×
P/S (TTM)
1.44×
EV / EBITDA
10.81×
Earnings yield
1.50%
Free cash flow yield
3.52%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
33.38%
Operating margin
5.08%
Net margin
0.92%
Return on equity
2.74%
Return on assets
1.35%
Return on invested capital
3.34%

Financial health

Debt / equity
0.76×
Current ratio
2.77×
Altman Z-score
1.98
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%20%3%-14%Gross margin, FY2021: 32.38%Gross margin, FY2022: 31.11%Gross margin, FY2023: 27.00%Gross margin, FY2024: 30.23%Gross margin, FY2025: 33.35%Operating margin, FY2021: -5.74%Operating margin, FY2022: 4.31%Operating margin, FY2023: 2.85%Operating margin, FY2024: 3.59%Operating margin, FY2025: 5.60%Net margin, FY2021: -9.89%Net margin, FY2022: -0.82%Net margin, FY2023: -0.42%Net margin, FY2024: -3.51%Net margin, FY2025: 2.04%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 32.38%. Gross margin FY2022 31.11%. Gross margin FY2023 27.00%. Gross margin FY2024 30.23%. Gross margin FY2025 33.35%. Operating margin FY2021 -5.74%. Operating margin FY2022 4.31%. Operating margin FY2023 2.85%. Operating margin FY2024 3.59%. Operating margin FY2025 5.60%. Net margin FY2021 -9.89%. Net margin FY2022 -0.82%. Net margin FY2023 -0.42%. Net margin FY2024 -3.51%. Net margin FY2025 2.04%.

Income trends

Revenue

545.91M USD+7.35%

Operating income

30.58M USD+67.31%

Net income

11.12M USD+28.98M USD
Income trends across reported periods771.54M USD468.31M USD165.08M USD−138.16M USDRevenue, FY2021: 630.46M USDRevenue, FY2022: 695.74M USDRevenue, FY2023: 566.49M USDRevenue, FY2024: 508.52M USDRevenue, FY2025: 545.91M USDOperating income, FY2021: −36.18M USDOperating income, FY2022: 30.01M USDOperating income, FY2023: 16.13M USDOperating income, FY2024: 18.28M USDOperating income, FY2025: 30.58M USDNet income, FY2021: −62.35M USDNet income, FY2022: −5.69M USDNet income, FY2023: −2.39M USDNet income, FY2024: −17.86M USDNet income, FY2025: 11.12M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 630.46M USD. Revenue FY2022 695.74M USD. Revenue FY2023 566.49M USD. Revenue FY2024 508.52M USD. Revenue FY2025 545.91M USD. Operating income FY2021 −36.18M USD. Operating income FY2022 30.01M USD. Operating income FY2023 16.13M USD. Operating income FY2024 18.28M USD. Operating income FY2025 30.58M USD. Net income FY2021 −62.35M USD. Net income FY2022 −5.69M USD. Net income FY2023 −2.39M USD. Net income FY2024 −17.86M USD. Net income FY2025 11.12M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue545.91M USD508.52M USD566.49M USD695.74M USD630.46M USD
Cost of goods sold363.82M USD354.78M USD413.55M USD479.27M USD426.29M USD
Gross profit182.09M USD153.74M USD152.94M USD216.47M USD204.16M USD
Selling, general, and administrative122.57M USD108.36M USD110.3M USD146.84M USD217.78M USD
Operating expenses151.51M USD135.47M USD136.82M USD186.46M USD240.34M USD
Interest expense25.81M USD24.84M USD30.92M USD15.75M USD24.43M USD
Depreciation and amortization51.35M USD44.45M USD40.75M USD38.18M USD32.23M USD
Operating income30.58M USD18.28M USD16.13M USD30.01M USD−36.18M USD
Net income11.12M USD−17.86M USD−2.39M USD−5.69M USD−62.35M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+49.23%
11 comparable reports
Latest EPS result
0.12
Estimate 0.16 · Miss by 25.37%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.20.05-0.09-0.24Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 4, 2025: actual -0.202, estimate -0.09, surprise -124.82%, Miss. Q2 2025, reported May 6, 2025: actual -0.03, estimate -0.05, surprise +40.00%, Beat. Q3 2025, reported Aug 5, 2025: actual 0.14, estimate 0.13, surprise +7.69%, Beat. Q4 2025, reported Nov 4, 2025: actual 0.08, estimate 0.1, surprise -20.00%, Miss. Q1 2026, reported Mar 3, 2026: actual -0.03, estimate -0.09, surprise +66.67%, Beat. Q2 2026, reported May 5, 2026: actual -0.06, estimate -0.05, surprise -20.00%, Miss. Q3 2026, reported Aug 4, 2026: actual 0.12, estimate 0.161, surprise -25.37%, Miss. Q4 2026, reported Nov 3, 2026: actual —, estimate 0.16, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates206.46M163.02M119.58M76.14MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 4, 2025: actual 87.27M USD, estimate 85.12M USD, surprise +2.52%, Beat. Q2 2025, reported May 6, 2025: actual 111.42M USD, estimate 110.93M USD, surprise +0.45%, Beat. Q3 2025, reported Aug 5, 2025: actual 172.64M USD, estimate 173.51M USD, surprise -0.50%, Miss. Q4 2025, reported Nov 4, 2025: actual 161.9M USD, estimate 164.94M USD, surprise -1.84%, Miss. Q1 2026, reported Mar 3, 2026: actual 99.95M USD, estimate 95.85M USD, surprise +4.28%, Beat. Q2 2026, reported May 5, 2026: actual 117.32M USD, estimate 118.39M USD, surprise -0.91%, Miss. Q3 2026, reported Aug 4, 2026: actual 197.47M USD, estimate 188.39M USD, surprise +4.82%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 181.39M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$9.50

34.01% upside
Past 12 months12-month forecastHigh $9.50Average $9.50Low $9.50

Rating distribution

8 ratings
Strong buy00%
Buy450%
Hold225%
Sell225%
Strong sell00%

Recent analyst actions

5 institutions

SWIM news

SWIM peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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