Latham Group's gross profit for the
three
months ended in Mar. 2026 was $37.2 Mil. Latham Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $186.4 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Latham Group's gross profit for the
three
months ended in Mar. 2026 was $37.2 Mil. Latham Group's Revenue for the
three
months ended in Mar. 2026 was $117.3 Mil. Therefore, Latham Group's Gross Margin % for the quarter that ended in Mar. 2026 was 31.67%.
Latham Group had a gross margin of 31.67% for the quarter that ended in Mar. 2026 => Competition eroding margins
During the past 7 years, the highestGross Margin % of Latham Group was 35.39%. The lowest was 27.00%. And the median was 31.11%.
Warning Sign:
Latham Group Inc gross margin has been in long-term decline. The average rate of decline per year is -1.8%.
Latham Group (NAS:SWIM) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Latham Group had a gross margin of 31.67% for the quarter that ended in Mar. 2026 => Competition eroding margins
Latham Group Gross Profit Related Terms
Latham Group Gross Profit Historical Data
* Premium members only.
The historical data trend for Latham Group's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Building Products & Equipment subindustry, Latham Group's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Latham Group Gross Profit vs Construction Industry
For the Construction industry and Industrials sector, Latham Group's Gross Profit distribution charts can be found below:
* The bar in red indicates where Latham Group's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $186.4 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Latham Group (SWIM) has a Gross Profit of $186.4 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Latham Group and its competitors.
Is Latham Group's Gross Profit too high?
Latham Group's current Gross Profit is $186.4 Mil. Overall, Latham Group has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Latham Group's Gross Profit compare to JBI and NX?
Latham Group's Gross Profit of $186.4 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Construction company?
A good Gross Profit depends on the Construction industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Latham Group and its competitors. Latham Group's current Gross Profit is $186.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latham Group stock overvalued right now?
Based on GuruFocus' analysis, Latham Group (SWIM) is currently considered Fairly Valued. The stock's GF Value™ is $6.20, compared to a current price of $6.14 — trading 1% below its estimated fair value. The current Gross Profit is $186.4 Mil. Latham Group's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Latham Group (SWIM), the current Gross Profit is $186.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Latham Group (SWIM) Overvalued in 2026?
Based on GuruFocus' analysis, Latham Group stock appears to be undervalued.
The current stock price of $6.14 is trading 1% below its estimated GF Value™ of $6.20.
GuruFocus considers Latham Group to be Fairly Valued.
Key valuation signals for SWIM:
Gross Profit: $186.4 Mil
GF Value™: $6.20 vs. price of $6.14 (1% below fair value)
No single metric tells the full story. See the SWIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Latham Group Inc is a designer, manufacturer, and marketer of in-ground residential swimming pools, liners, and covers in North America, Australia, and New Zealand. The company derives a majority of its revenue from the United States.
74GF Score
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