SWIM

Company Overview — What Does Latham Group, Inc. Do?

Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools, pool covers, and pool liners. The company was formerly known as Latham Topco, Inc. and changed its name to Latham Group, Inc. in March 2021. Latham Group, Inc. was incorporated in 2018 and is headquartered in Latham, New York. Latham Group, Inc. (SWIM) is classified as a small-cap stock in the Materials sector, specifically within the Rubber And Plastic Products industry. The company is led by CEO Scott M. Rajeski and employs approximately 2,390 people. With a market capitalization of $627M, SWIM is one of the notable companies in the Materials sector.

Latham Group, Inc. (SWIM) Stock Rating — Reduce (April 2026)

As of April 2026, Latham Group, Inc. receives a Reduce rating with a composite score of 41.3/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.SWIM ranks #3,038 out of 4,446 stocks in our coverage universe. Within the Materials sector, Latham Group, Inc. ranks #216 of 284 stocks, placing it in the lower half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

SWIM Stock Price and 52-Week Range

Latham Group, Inc. (SWIM) currently trades at $5.75. The stock lost $0.06 (1.0%) in the most recent trading session. The 52-week high for SWIM is $8.97, which means the stock is currently trading -35.9% from its annual peak. The 52-week low is $4.56, putting the stock 26.1% above its annual trough. Recent trading volume was 423K shares, suggesting relatively thin trading activity.

Is SWIM Overvalued or Undervalued? — Valuation Analysis

Latham Group, Inc. (SWIM) carries a value factor score of 55/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 25.16x, compared to the Materials sector average of 26.50x — a discount of 5%. The price-to-book ratio stands at 1.49x, versus the sector average of 2.83x. The price-to-sales ratio is 1.01x, compared to 0.74x for the average Materials stock. On an enterprise value basis, SWIM trades at 16.18x EV/EBITDA, versus 6.01x for the sector.

Overall, SWIM's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Latham Group, Inc. Profitability — ROE, Margins, and Quality Score

Latham Group, Inc. (SWIM) earns a quality factor score of 45/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 5.9%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 2.9% versus the sector average of 0.6%.

On a margin basis, Latham Group, Inc. reports gross margins of 33.6%, compared to 29.8% for the sector. The operating margin is 8.0% (sector: 6.0%). Net profit margin stands at 3.2%, versus 3.0% for the average Materials stock. Revenue growth is running at 1.1% on a trailing basis, compared to 1.8% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

SWIM Debt, Balance Sheet, and Financial Health

Latham Group, Inc. has a debt-to-equity ratio of 69.0%, compared to the Materials sector average of 41.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 2.77x, indicating strong short-term liquidity. Total debt on the balance sheet is $280M. Cash and equivalents stand at $71M.

SWIM has a beta of 1.85, meaning it is more volatile than the broader market — a $10,000 investment in SWIM would be expected to move 84.7% more than the S&P 500 on any given day. The stability factor score for Latham Group, Inc. is 37/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Latham Group, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Latham Group, Inc. reported revenue of $596M and earnings per share (EPS) of $0.10. Net income for the quarter was $24M. Gross margin was 33.6%. Operating income came in at $55M.

In FY 2025, Latham Group, Inc. reported revenue of $546M and earnings per share (EPS) of $0.10. Net income for the quarter was $11M. Gross margin was 33.4%. Revenue grew 7.4% year-over-year compared to FY 2024. Operating income came in at $31M.

In Q3 2025, Latham Group, Inc. reported revenue of $162M and earnings per share (EPS) of $0.07. Net income for the quarter was $8M. Gross margin was 35.4%. Revenue grew 7.6% year-over-year compared to Q3 2024. Operating income came in at $22M.

In Q2 2025, Latham Group, Inc. reported revenue of $173M and earnings per share (EPS) of $0.14. Net income for the quarter was $16M. Gross margin was 37.0%. Revenue grew 7.8% year-over-year compared to Q2 2024. Operating income came in at $25M.

Over the past 8 quarters, Latham Group, Inc. has demonstrated a growth trajectory, with revenue expanding from $160M to $596M. Investors analyzing SWIM stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

SWIM Dividend Yield and Income Analysis

Latham Group, Inc. (SWIM) does not currently pay a dividend. This is common among smaller companies in the Rubber And Plastic Products industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.

SWIM Momentum and Technical Analysis Profile

Latham Group, Inc. (SWIM) has a momentum factor score of 33/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 33/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 42/100 reflects moderate short selling activity.

SWIM vs Competitors — Materials Sector Ranking and Peer Comparison

Within the Materials sector, Latham Group, Inc. (SWIM) ranks #216 out of 284 stocks based on the Blank Capital composite score. This places SWIM in the lower half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.

Comparing SWIM against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full SWIM vs S&P 500 (SPY) comparison to assess how Latham Group, Inc. stacks up against the broader market across all factor dimensions.

SWIM Next Earnings Date

No upcoming earnings date has been announced for Latham Group, Inc. (SWIM) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy SWIM? — Investment Thesis Summary

The quantitative profile for Latham Group, Inc. suggests caution. Momentum is weak at 33/100, a headwind for near-term performance. High volatility (stability score 37/100) increases portfolio risk.

In summary, Latham Group, Inc. (SWIM) earns a Reduce rating with a composite score of 41.3/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on SWIM stock.

Related Resources for SWIM Investors

Explore more research and tools: SWIM vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare SWIM head-to-head with peers: SWIM vs CF, SWIM vs NTR, SWIM vs UAN.