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MARKETS / NASDAQ / SWIM
NASDAQ · PLASTICS PRODUCTS, NEC

Latham Group, Inc. SWIM

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$545.9M
▲ 7.4% YoY
$11.1M
$38.0M
▼ 7.6% YoY
In brief

What this company does

It designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It supports its dealer network with business development tools, co-branded marketing programs, and in-house training. Its operations consist of approximately 1,850 employees on average across approximately 30 locations. It conducts its business as one operating and reportable segment that designs, manufactures, and markets in-ground swimming pools, pool covers, and pool liners. It has an operating history that spans over 70 years.

Written from the business description in Latham Group, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 4 March 2026. Every sentence was checked against that document before publication.

Growth
USD 545.9M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 545.9 · Net income 11.1
250.0M500.0M2019202020212022202320242025
Compound annual growth
−7.8%
+6.2%
−7.0%
−10.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +6.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
2 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 5.6% · Net 2.0%
5%-5%2019202020212022202320242025
ROE
FY2025 · ROE 2.8%
2%4%6%-5%-10%-15%2019202020212022202320242025

Each USD of equity produced 3 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 38.0
40M80M2019202020212022202320242025
Net buybacks $M Dividends $M
FY2024 · Dividends — · Net buybacks 0.0
100.0M200.0M-25.0M-50.0M201920202021202220232024

Total assetsUSD 823.2M
EquityUSD 405.9M
CashUSD 71.0M
Gross debtUSD 279.8M
Net debtUSD 208.8M
Current ratio2.77×

Net debt stands at 51% of equity.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.50.50.60.70.60.40.3
Operating income $B0.00.00.00.0−0.00.00.0
EBITDA $B0.10.10.10.1−0.00.10.0
Income tax $B0.00.0−0.00.00.00.0−0.0
Net income $B0.0−0.0−0.0−0.0−0.10.00.0
Free cash flow $B0.00.00.1−0.00.00.00.0
EPS, diluted $0.09−0.15−0.02−0.05−0.560.160.08
Dividend / sh $····1.00··
Payout %·······
ROE %2.8−4.5−0.6−1.5−19.66.74.0
Shares out B0.120.120.110.110.120.12·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 34 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 61 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPlastics Products, NEC
Listed onNASDAQ
Incorporated inNew York
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2018

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