Latham Group, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $545.9M | $508.5M | $566.5M | $695.7M | $630.5M |
| Cost of revenue | $363.8M | $354.8M | $413.5M | $479.3M | $426.3M |
| Gross profit | $182.1M | $153.7M | $152.9M | $216.5M | $204.2M |
| Selling, general & administrative | $122.6M | $108.4M | $110.3M | $146.8M | $217.8M |
| Operating income | $30.6M | $18.3M | $16.1M | $30.0M | -$36.2M |
| Interest expense | $25.8M | $24.8M | $30.9M | $15.8M | $24.4M |
| Pretax income | $13.5M | -$8.7M | -$10.1M | $13.7M | -$53.5M |
| Income tax expense | $2.4M | $9.1M | -$7.7M | $19.4M | $8.8M |
| Net income | $11.1M | -$17.9M | -$2.4M | -$5.7M | -$62.3M |
| Balance Sheet | |||||
| Current assets | $219.0M | $178.3M | $238.6M | $255.0M | $229.1M |
| Total assets | $823.2M | $794.2M | $835.0M | $869.7M | $794.5M |
| Current liabilities | $79.1M | $71.0M | $86.2M | $86.9M | $115.2M |
| Total liabilities | $417.4M | $407.0M | $435.8M | $486.9M | $440.8M |
| Total debt | $284.8M | $288.1M | $309.3M | $322.6M | $284.0M |
| Stockholders' equity | $405.9M | $387.2M | $399.2M | $382.8M | $353.6M |
| Cash Flow Statement | |||||
| Cash from operations | $63.4M | $61.3M | $116.4M | $32.3M | $33.7M |
| Depreciation and amortization | $51.4M | $44.4M | $40.8M | $38.2M | $32.2M |
| Stock-based compensation | $9.2M | $7.4M | $18.8M | $50.6M | $128.8M |
| Capital expenditure | $25.4M | $20.1M | $33.2M | $39.7M | $25.0M |
| Free cash flow | $38.0M | $41.2M | $83.2M | -$7.4M | $8.7M |
| Dividends paid | — | — | — | — | $110.0M |
| Share repurchases | — | $0 | $0 | $280.7M | $281.6M |
| Impairments | — | — | — | — | $0 |
Shares outstanding 117.4M · Free float 87.0%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.