Latham Group/$SWIM

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About Latham Group

Latham Group Inc is a designer, manufacturer, and marketer of in-ground residential swimming pools, liners, and covers in North America, Australia, and New Zealand. It derives a majority of its revenue from the United States.

Ticker

$SWIM
Primary listing

Employees

1,800

Latham Group Metrics

BasicAdvanced
$811M
-
-$0.10
1.70
-

What the Analysts think about Latham Group

Analyst ratings (Buy, Hold, Sell) for Latham Group stock.

Bulls say / Bears say

Q2 2025 net sales grew 7.8% year-over-year to $172.6 million driven by both organic and acquisition-related growth, while gross margin expanded by 400 basis points to 37.1% and adjusted EBITDA margin rose 160 basis points to 23.1%, leading the company to reaffirm its full-year guidance (GlobeNewswire).
In Q3 2025 Latham outpaced the in-ground pool market with net sales up 7.6% to $161.9 million, net income rising 37.7% to $8.1 million, and adjusted EBITDA increasing 28.5% to $38.3 million while gross margin expanded by 300 basis points (GlobeNewswire).
First-quarter 2025 performance benefitted from the relative strength of fiberglass pools and autocovers, driving a 190-basis-point expansion in gross margin and generating an adjusted EBITDA margin of 10.0%, underscoring the impact of lean manufacturing and value engineering initiatives even amidst soft industry conditions (Nasdaq).
Latham reported a net loss of $6.0 million (–$0.05 per share) in Q1 2025 despite a modest 0.7% increase in net sales, highlighting ongoing profitability challenges in a downturn pool market (Nasdaq).
As of Q2 2025, the company’s net debt leverage ratio stood at 3.0x with $281.5 million in debt against $26.9 million in cash, constraining financial flexibility amid potential cyclical demand weakness (GlobeNewswire).
The U.S. in-ground pool market remains in a trough with new pool starts flat for 2025, limiting Latham’s ability to achieve significant organic growth and intensifying competitive pressures on market share (Investing.com).
Data summarised monthly by Lightyear AI. Last updated on 6 Nov 2025.

Latham Group Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Latham Group Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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