Latham Group, Inc. (SWIM)

From the record

Latham Group, Inc.'s filings since 2020 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Latham Group, Inc.'s 7 filed years say what it did: revenue went from $318 million in fiscal 2019 to $546 million in fiscal 2025, up 9.4% a year; it rose in 4 of 6 years; the deepest fall was 27% from fiscal 2022 to fiscal 2024; net income was positive in 3 of 7 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Latham Group, Inc.'s diluted share count grew about 1.9% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 2 purchases of their own stock on the open market in the year to 2026-09-30, buying about $316 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Latham Group, Inc. earned about 3 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 22 cents per dollar of everything the company owns. Leverage: it owed about 51 cents per dollar of assets, and net share issuance: its share count grew 3.8% over the year (the filed statements).

From the record

Latham Group, Inc.'s standing among 9 graded names in its industry family: revenue of $546 million in fiscal 2025 ranks in the bottom 39% by size; a net margin of 2% ranks in the bottom 17%; revenue growth of -7.8% a year over the last 3 filed years ranks in the bottom 28% (its annual reports).

From the record

Latham Group, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Gadd, Sean (President and CEO, as filed), filing under that title since 2026-01-12, 10 months (bottom 44% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 4.3 years (bottom 31%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 44%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Latham Group, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $71 million against debt of $280 million leaves -25.4% of its assets as net cash, bottom 39% of its family; cash from operations less capital spending is 7% of revenue (bottom 28%); a gross margin of 33.4% (bottom 31%) (its annual report).

From the record

Latham Group, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -7.8% a year over the last three filed years against 9.4% over all 7, slowing (bottom 6% of its family); the newest year grew 7.4% (top 28%); capital spending grew -13.8% a year (bottom 28%) (its annual reports). Latham Group, Inc. reported 3 product lines in fiscal 2025: In Ground Swimming Pools at $262 million (48%), Covers at $161 million (29%), Liners at $123 million (23%); 3 of 3 grew against the year before (its annual report).

From the record

Latham Group, Inc.'s newest year against its own record: revenue of $546 million in fiscal 2025 came in 25.6% above the $435 million its prior three years' pace pointed to (top 6% of its family); net income of $11 million against a prior three-year average of $9 million (top 6%); a net margin of 2% against -1.6% before (top 17%) (its annual reports).