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Stocks · Materials · Plastics Products, NEC

Latham Group, Inc.

SWIM Clue Score58
United States Fiscal year ends December CIK 0001833197
$6.04 -0.33% Close, 9 Oct 2026
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Price $6.04 −53.14% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 23 Apr 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Revenue318.0Operating income25.1Net income7.5EPS, diluted0.08Fiscal year 2020Revenue403.4 +26.9%Operating income39.9Net income16.0 +114.3%EPS, diluted0.16 +100.0%Fiscal year 2021Revenue630.5 +56.3%Operating income−36.2Net income−62.3 −490.1%EPS, diluted−0.56 −450.0%Fiscal year 2022Revenue695.7 +10.4%Operating income30.0Net income−5.7EPS, diluted−0.05Fiscal year 2023Revenue566.5 −18.6%Operating income16.1Net income−2.4EPS, diluted−0.02Fiscal year 2024Revenue508.5 −10.2%Operating income18.3Net income−17.9EPS, diluted−0.15Fiscal year 2025Revenue545.9 +7.4%Operating income30.6Net income11.1EPS, diluted0.09
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 318.0 403.4 630.5 695.7 566.5 508.5 545.9
Growth +26.9% +56.3% +10.4% −18.6% −10.2% +7.4%
Operating income 25.1 39.9 −36.2 30.0 16.1 18.3 30.6
Net income 7.5 16.0 −62.3 −5.7 −2.4 −17.9 11.1
Growth +114.3% −490.1%
EPS, diluted 0.08 0.16 −0.56 −0.05 −0.02 −0.15 0.09
Growth +100.0% −450.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Gross margin30.9%Operating margin7.9%Net margin2.3%Free cash flow margin8.6%Fiscal year 2020Gross margin35.4%Operating margin9.9%Net margin4.0%Free cash flow margin11.6%Fiscal year 2021Gross margin32.4%Operating margin−5.7%Net margin−9.9%Free cash flow margin1.4%Fiscal year 2022Gross margin31.1%Operating margin4.3%Net margin−0.8%Free cash flow margin−1.1%Fiscal year 2023Gross margin27.0%Operating margin2.8%Net margin−0.4%Free cash flow margin14.7%Fiscal year 2024Gross margin30.2%Operating margin3.6%Net margin−3.5%Free cash flow margin8.1%Fiscal year 2025Gross margin33.4%Operating margin5.6%Net margin2.0%Free cash flow margin7.0%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 30.9% 35.4% 32.4% 31.1% 27.0% 30.2% 33.4%
Operating margin 7.9% 9.9% −5.7% 4.3% 2.8% 3.6% 5.6%
Net margin 2.3% 4.0% −9.9% −0.8% −0.4% −3.5% 2.0%
Free cash flow margin 8.6% 11.6% 1.4% −1.1% 14.7% 8.1% 7.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow35.7Capital expenditure−8.2Free cash flow27.5Buybacks−0.2Fiscal year 2020Operating cash flow63.2Capital expenditure−16.3Free cash flow46.9 +70.6%Buybacks−0.6Fiscal year 2021Operating cash flow33.7Capital expenditure−25.0Free cash flow8.7 −81.4%Buybacks−281.6Fiscal year 2022Operating cash flow32.3Capital expenditure−39.7Free cash flow−7.4 −184.6%Buybacks−280.7Fiscal year 2023Operating cash flow116.4Capital expenditure−33.2Free cash flow83.2Buybacks0.0Fiscal year 2024Operating cash flow61.3Capital expenditure−20.1Free cash flow41.2 −50.5%Buybacks0.0Fiscal year 2025Operating cash flow63.4Capital expenditure−25.4Free cash flow38.0 −7.6%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 35.7 63.2 33.7 32.3 116.4 61.3 63.4
Capital expenditure −8.2 −16.3 −25.0 −39.7 −33.2 −20.1 −25.4
Free cash flow 27.5 46.9 8.7 −7.4 83.2 41.2 38.0
Growth +70.6% −81.4% −184.6% −50.5% −7.6%
Buybacks −0.2 −0.6 −281.6 −280.7 0.0 0.0 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2019Cash56.7Shareholders’ equity193.8Fiscal year 2020Cash59.3Total debt221.5Net cash (debt)−162.2Shareholders’ equity281.6Debt to equity0.79Fiscal year 2021Cash44.0Total debt280.4Net cash (debt)−236.5Shareholders’ equity353.6Debt to equity0.79Fiscal year 2022Cash32.6Total debt312.9Net cash (debt)−280.3Shareholders’ equity382.8Debt to equity0.82Fiscal year 2023Cash102.8Total debt301.2Net cash (debt)−198.4Shareholders’ equity399.2Debt to equity0.75Fiscal year 2024Cash56.4Total debt281.5Net cash (debt)−225.1Shareholders’ equity387.2Debt to equity0.73Fiscal year 2025Cash71.0Total debt279.8Net cash (debt)−208.8Shareholders’ equity405.9Debt to equity0.69
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 56.7 59.3 44.0 32.6 102.8 56.4 71.0
Total debt n/a 221.5 280.4 312.9 301.2 281.5 279.8
Net cash (debt) n/a −162.2 −236.5 −280.3 −198.4 −225.1 −208.8
Shareholders’ equity 193.8 281.6 353.6 382.8 399.2 387.2 405.9
Debt to equity n/a 0.79 0.79 0.82 0.75 0.73 0.69

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
35.7 63.2 33.7 32.3 116.4 61.3 63.4
Growth +77.1% −46.7% −4.1% +260.2% −47.3% +3.5%
21.7 25.4 32.2 38.2 40.8 44.4 51.4
Investment
−8.2 −16.3 −25.0 −39.7 −33.2 −20.1 −25.4
calc 27.5 46.9 8.7 −7.4 83.2 41.2 38.0
Growth +70.6% −81.4% −184.6% −50.5% −7.6%
calc 0.29 0.46 0.08 −0.07 0.74 0.36 0.32
−27.1 −115.8 −108.2 −45.0 −31.7 −84.6 −42.3
Financing
16.6 54.3 60.0 3.8 −13.9 −22.0 −7.0
−0.2 −0.6 −281.6 −280.7 0.0 0.0 n/a

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.