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Latham Group, Inc. SWIM Q4 2024 Annual earnings

Reported March 4, 2025 · After market close

Revenue$87.3MMiss by $25.5M
EPS-$0.17Miss by $0.08
Revenue estimate$112.8M
EPS estimate-$0.09

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$188.4M
EPS estimate$0.17

Financials

Q4 2024

Income statement

See full
Revenue$87.3M-4.0%
Gross profit$21.4M+1.2%
Net income-$29.2M
EPS (diluted)-$0.25

Balance sheet

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Cash & equivalents$56.4M-45.1%
Total debt$36.0M-37.0%
Total equity$387.2M-3.0%
Total assets$794.2M-4.9%

Cash flow

See full
Operating cash flow$6.2M-78.2%
CapEx$6.3M+27.2%
Free cash flow--100%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$804.75M+169%
Enterprise value$784.37M+210%
P/S1.6×+1.1×

Profitability

See full
Gross margin30.2%+3.2pp
Net margin-3.5%-4.1pp
FCF margin8.1%-6.6pp

Returns & leverage

See full
Return on equity-4.5%-5.4pp
Debt / equity0.1×-0.1×
Current ratio2.5×-0.3×

Segments

By product

See full
In-ground Swimming Pools$43.6M-4.7%
Covers$31.2M-2.4%
Liners$12.4M-5.0%

By segment

See full
Single Reportable Segment$87.3M-38.4%

Versus estimates

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Questions, answered.

When did Latham Group, Inc. report Q4 2024 earnings?
Latham Group, Inc. (SWIM) reported Q4 2024 earnings on March 4, 2025 after market close.
What were Latham Group, Inc.'s Q4 2024 revenue and EPS?
Latham Group, Inc. reported revenue of $87.3M and eps of $-0.17 for Q4 2024.
Did Latham Group, Inc. beat estimates in Q4 2024?
Revenue missed the consensus estimate of $112.8M by $25.5M. EPS missed the consensus estimate of $-0.09 by $0.08.
Where can I find Latham Group, Inc.'s Q4 2024 SEC filings?
You can read the 10-K periodic report (0001558370-25-002212) directly on SEC EDGAR. The filing index links above go to sec.gov.