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SWIM · Nasdaq · United States · Plastics Products, Nec
In shortLatham Group, Inc. is profitable, generates cash and carries moderate debt, with revenue growing (+7.4% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 5.6% | 35/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 2.0% | 28/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 2.8% | 14/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 3.7% | 25/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.77× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.69× | 73/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.55× | 41/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.19× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.13 | 26/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 7.0% | 48/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 3.42× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 29.0% | 4/100 |
| Operating margin volatility | 4.5% | 68/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -7.8% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 630 | 696 | 566 | 509 | 546 |
| Cost of revenue | 426 | 479 | 414 | 355 | 364 |
| Gross profit | 204 | 216 | 153 | 154 | 182 |
| Selling, general & admin | 218 | 147 | 110 | 108 | 123 |
| Operating income | (36) | 30 | 16 | 18 | 31 |
| Interest expense | 24 | 16 | 31 | 25 | 26 |
| Pre-tax income | (54) | 14 | (10) | (8.7) | 13 |
| Income tax | 8.8 | 19 | (7.7) | 9.1 | 2.4 |
| Net income | (62) | (5.7) | (2.4) | (18) | 11 |
| Diluted EPS | −$0.56 | −$0.05 | −$0.02 | −$0.15 | $0.09 |
| Diluted shares (millions) | 111 | 113 | 113 | 115 | 120 |
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of Latham Group, Inc. are included in the Investor plan. Try free for 7 days →
2.13 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 27, 2026 · Data updated Aug 5, 2026