Net margin is calculated as Net Income divided by its Revenue. Latham Group's Net Income for the
three
months ended in Mar. 2026 was $-8.5 Mil. Latham Group's Revenue for the
three
months ended in Mar. 2026 was $117.3 Mil. Therefore, Latham Group's net margin for the quarter that ended in Mar. 2026 was -7.27%.
The historical rank and industry rank for Latham Group's Net Margin % or its related term are showing as below:
SWIM'
s Net Margin % Range Over the Past 10 Years
Min: -9.89 Med: -0.42 Max: 3.96
Current: 1.55
SWIM's Net Margin % is ranked worse than 65.86% of 1766
companies
in the Construction industry
Industry Median: 3.92
vs SWIM: 1.55
Latham Group (NAS:SWIM) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Latham Group Net Margin % Related Terms
Latham Group Net Margin % Historical Data
* Premium members only.
The historical data trend for Latham Group's Net Margin % 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 Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Construction Industry
For the Construction industry and Industrials sector, Latham Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Latham Group's Net Margin % falls into.
* 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 (SWIM) has a Net Margin % of -7.27% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Latham Group and its competitors. According to the industry distribution chart, Latham Group ranks #1163 out of 1766 companies in the Construction industry, placing it in the top 65.9%.
Is Latham Group's Net Margin % too high?
Latham Group's current Net Margin % is -7.27%. Based on the distribution chart, Latham Group ranks #1163 out of 1766 companies in the Construction industry, which is below the industry midpoint. 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 Net Margin % compare to ASPN and JBI?
According to the Construction industry distribution chart, Latham Group ranks #1163 out of 1766 companies for Net Margin %. This places Latham Group in the lower half of its industry. The industry median Net Margin % is 3.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Construction company?
The median Net Margin % among Construction companies is 3.92, based on 1,766 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Latham Group and its competitors. For the Construction industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latham Group's current Net Margin % is -7.27%. 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 $6.18, compared to a current price of $6.05 — trading 2.2% below its estimated fair value. The current Net Margin % is -7.27%. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Latham Group (SWIM), the current Net Margin % is -7.27% 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 $6.05 is trading 2.2% below its estimated GF Value™ of $6.18.
GuruFocus considers Latham Group to be Fairly Valued.
Key valuation signals for SWIM:
Net Margin %: -7.27%
GF Value™: $6.18 vs. price of $6.05 (2.2% 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
Get the complete analysis for SWIM
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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