Latham Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 27, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	533.24	508.52	566.49	695.74	630.46	403.39
Revenue Growth (YoY)	4.12%	-10.23%	-18.58%	10.35%	56.29%	26.86%
Cost of Revenue	357.64	354.78	413.55	479.27	426.29	260.62
Gross Profit	175.6	153.74	152.94	216.47	204.16	142.77
Selling, General & Admin	118.34	108.36	110.3	146.84	217.78	85.53
Amortization of Goodwill & Intangibles	28.99	27.1	26.52	28.18	22.57	17.35
Operating Expenses	147.32	135.47	136.82	175.02	240.34	102.87
Operating Income	28.28	18.28	16.13	41.45	-36.18	39.9
Interest Expense	-24.28	-24.84	-30.92	-15.75	-24.43	-18.25
Earnings From Equity Investments	4.03	4.06	3.72	4.23	2.22	-
Currency Exchange Gain (Loss)	-1.68	-6.22	0.11	-2.53	-1.15	0.91
Other Non Operating Income (Expenses)	-0.68	-0.01	0.89	-10.2	2.11	-
EBT Excluding Unusual Items	5.67	-8.74	-10.06	17.19	-57.43	22.56
Gain (Loss) on Sale of Investments	-	-	-	-	3.9	-
Other Unusual Items	-	-	-	-3.47	-	0.2
Pretax Income	5.67	-8.74	-10.06	13.72	-53.53	22.76
Income Tax Expense	16.71	9.12	-7.67	19.42	8.82	6.78
Net Income	-11.04	-17.86	-2.39	-5.69	-62.35	15.98
Net Income to Common	-11.04	-17.86	-2.39	-5.69	-62.35	15.98
Net Income Growth	-	-	-	-	-	114.34%
Shares Outstanding (Basic)	116	115	113	113	111	102
Shares Outstanding (Diluted)	116	115	113	113	111	103
Shares Change (YoY)	-0.10%	2.25%	-0.30%	2.35%	7.84%	7.55%
EPS (Basic)	-0.09	-0.15	-0.02	-0.05	-0.56	0.16
EPS (Diluted)	-0.10	-0.15	-0.02	-0.05	-0.56	0.16
EPS Growth	-	-	-	-	-	100.47%
Free Cash Flow	23.86	41.19	83.18	-7.38	8.72	46.9
Free Cash Flow Per Share	0.20	0.36	0.74	-0.07	0.08	0.46
Dividend Per Share	-	-	-	-	1.000	-
Gross Margin	32.93%	30.23%	27.00%	31.11%	32.38%	35.39%
Operating Margin	5.30%	3.59%	2.85%	5.96%	-5.74%	9.89%
Profit Margin	-2.07%	-3.51%	-0.42%	-0.82%	-9.89%	3.96%
Free Cash Flow Margin	4.47%	8.10%	14.68%	-1.06%	1.38%	11.63%
EBITDA	78.41	62.72	56.88	79.62	-3.95	65.26
EBITDA Margin	14.70%	12.33%	10.04%	11.44%	-0.63%	16.18%
D&A For EBITDA	50.13	44.45	40.75	38.18	32.23	25.37
EBIT	28.28	18.28	16.13	41.45	-36.18	39.9
EBIT Margin	5.30%	3.59%	2.85%	5.96%	-5.74%	9.89%
Effective Tax Rate	294.59%	-	-	141.50%	-	29.77%
Advertising Expenses	-	8.5	9.2	9.8	7.6	5.9

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q