Latham Group, Inc. (SWIM)

NASDAQ: SWIM · Real-Time Price · USD

6.39

+0.06 (0.95%)

At close: Sep 11, 2026, 4:00 PM EDT

6.32

-0.07 (-1.10%)

After-hours: Sep 11, 2026, 7:30 PM EDT

Latham Group Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	576.64	545.91	508.52	566.49	695.74	630.46
Revenue Growth	10.50%	7.35%	-10.23%	-18.58%	10.35%	56.29%
Gross Profit	192.48	182.09	153.74	152.94	216.47	204.16
Operating Income	34.92	30.58	18.28	16.13	41.45	-36.18
Net Income	5.33	11.12	-17.86	-2.39	-5.69	-62.35
Earnings Per Share	0.05	0.09	-0.15	-0.02	-0.05	-0.56
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
United States	462.08	429.34	475.02	558.83	491.87
Canada	50.11	48.14	58.44	91.58	98.66
Australia	21.78	21.46	22.53	25.83	25.22
New Zealand	6.28	5.72	6.03	9.35	8.06
Other	5.67	3.87	4.46	10.16	6.65
Total	545.91	508.52	566.49	695.74	630.46

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	43.48	83.91	56.95	102.76	32.63	43.95
Total Debt	313.98	315.48	314.69	338.35	352.49	280.41
Net Cash (Debt)	-270.5	-231.57	-257.74	-235.59	-319.87	-236.46
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.26	-1.93	-2.23	-2.09	-2.82	-2.14

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	80.12	63.43	61.31	116.37	32.31	33.69
Capital Expenditures	-31.09	-25.39	-20.12	-33.19	-39.68	-24.98
Free Cash Flow	49.02	38.05	41.19	83.18	-7.38	8.72
Free Cash Flow Growth	313.22%	-7.64%	-50.48%	-	-	-81.42%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	33.38%	33.36%	30.23%	27.00%	31.11%	32.38%
Operating Margin	6.06%	5.60%	3.59%	2.85%	5.96%	-5.74%
Pretax Margin	1.72%	2.47%	-1.72%	-1.78%	1.97%	-8.49%
Profit Margin	0.92%	2.04%	-3.51%	-0.42%	-0.82%	-9.89%
FCF Margin	8.50%	6.97%	8.10%	14.68%	-1.06%	1.38%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	140.29	66.59	-	-	-	-
Forward PE	24.81	37.07	88.66	18.06	17.21	39.02
P/FCF Ratio	15.14	19.47	19.54	3.63	-	344.22
PS Ratio	1.29	1.36	1.58	0.53	0.54	4.76