SWIM has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SWIM has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Latham Group's gross profit for the three months ended in Dec. 2024 was $21.4 Mil. Latham Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $153.7 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Latham Group's gross profit for the three months ended in Dec. 2024 was $21.4 Mil. Latham Group's Revenue for the three months ended in Dec. 2024 was $87.3 Mil. Therefore, Latham Group's Gross Margin % for the quarter that ended in Dec. 2024 was 24.57%.
Latham Group had a gross margin of 24.57% for the quarter that ended in Dec. 2024 => Competition eroding margins
During the past 6 years, the highest Gross Margin % of Latham Group was 35.39%. The lowest was 27.00%. And the median was 30.99%.
Warning Sign:
Latham Group Inc gross margin has been in long-term decline. The average rate of decline per year is -2.7%.
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.
Latham Group Annual Data | |||||||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Gross Profit | Get a 7-Day Free Trial | 142.77 | 204.16 | 216.47 | 152.94 | 153.74 |
Latham Group Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Gross Profit | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
21.20 | 30.59 | 53.02 | 48.69 | 21.45 |
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.
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 is the different between the sale prices and the cost of buying or producing the goods.
Latham Group's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as
Gross Profit (A: Dec. 2024 ) | = | Revenue | - | Cost of Goods Sold |
= | 508.52 | - | 354.776 | |
= | 153.7 |
Latham Group's Gross Profit for the quarter that ended in Dec. 2024 is calculated as
Gross Profit (Q: Dec. 2024 ) | = | Revenue | - | Cost of Goods Sold |
= | 87.273 | - | 65.828 | |
= | 21.4 |
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $153.7 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Latham Group's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as
Gross Margin % (Q: Dec. 2024 ) | = | Gross Profit (Q: Dec. 2024 ) | / | Revenue (Q: Dec. 2024 ) |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | 21.4 | / | 87.273 | |
= | 24.57 % |
* 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 (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 24.57% for the quarter that ended in Dec. 2024 => Competition eroding margins
Thank you for viewing the detailed overview of Latham Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Wc Partners Executive Iv, L.p. | director, 10 percent owner | 6250 NORTH RIVER ROAD SUITE 10-100, ROSEMONT IL 60018 |
Wynnchurch Capital Partners Iv, L.p. | director, 10 percent owner | 6250 NORTH RIVER ROAD SUITE 10-100, ROSEMONT IL 60018 |
Scott Michael Rajeski | director, officer: Chief Executive Officer | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Oliver C. Gloe | officer: VICE PRESIDENT, FINANCE | C/O LATHAM GROUP, 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Sanjeev Bahl | officer: COO Latham Pool Products, Inc. | C/O LATHAM GROUP, INC., 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Patrick M Sheller | officer: General Counsel & Secretary | 343 STATE STREET, ROCHESTER NY 14650 |
Suraj Kunchala | officer: Vice President & Controller | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Kaushal Bhikhesh Dhruv | officer: Chief Information Officer | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Joshua D. Cowley | officer: Chief Commercial Officer | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Melissa Claire Feck | officer: Chief Human Resources Officer | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
J Mark Borseth | officer: Chief Financial Officer | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
James E Cline | director | C/O TREX COMPANY INC., 160 EXETER DRIVE, WINCHESTER VA 22603 |
Brian Patrick Pratt | director | 112 E. 17TH ST., NEW YORK NY 10003 |
Delu Jackson | director | 650 TENNIS CLUB DRIVE, APT. L107, FORT LAUDERDALE FL 33311 |
Mark Phillip Laven | director | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
From GuruFocus
By GuruFocus News • 11-06-2024
By Marketwired • 08-06-2024
By GuruFocus News • 11-15-2024
By GuruFocus News • 11-14-2024
By Marketwired • 01-23-2025
By Marketwired • 12-03-2024
By Marketwired • 03-04-2025
By GuruFocus News • 03-04-2025
By Marketwired • 11-11-2024
By Marketwired • 11-05-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.