Latham Group (Latham Group) Net Margin %

: 0.12% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Latham Group's Net Income for the three months ended in Dec. 2023 was $0.1 Mil. Latham Group's Revenue for the three months ended in Dec. 2023 was $90.9 Mil. Therefore, Latham Group's net margin for the quarter that ended in Dec. 2023 was 0.12%.

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: -0.42

SWIM's Net Margin % is ranked worse than
75.17% of 1651 companies
in the Construction industry
Industry Median: 3.22 vs SWIM: -0.42

Latham Group Net Margin % Historical Data

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.

* Premium members only.

Array ( [0] => 2.35 [1] => 3.96 [2] => -9.89 [3] => -0.82 [4] => -0.42 )

Latham Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

2.35

3.96

-9.89

-0.82

-0.42

Latham Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %													-17.64	-10.43	3.23	3.83	0.12

Competitive Comparison

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 % Distribution

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.

Latham Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Latham Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-2.388	/	566.492
	=	-0.42 %

Latham Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.112	/	90.867
	=	0.12 %

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

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Latham Group (Latham Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Latham Group Inc (NAS:SWIM) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

787 Watervliet Shaker Road, Latham, NY, USA, 12110

Website

https://www.lathampool.com

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. It derives a majority of its revenue from the United States.

Executives

Oliver C. Gloe	officer: VICE PRESIDENT, FINANCE	C/O LATHAM GROUP, 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Scott Michael Rajeski	director, officer: Chief Executive Officer	787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Melissa Claire Feck	officer: Chief Human Resources Officer	787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Patrick M Sheller	officer: General Counsel & Secretary	343 STATE STREET, ROCHESTER NY 14650
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
Joshua D. Cowley	officer: Chief Commercial Officer	787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Suraj Kunchala	officer: Vice President & Controller	787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
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
Sanjeev Bahl	officer: COO Latham Pool Products, Inc.	C/O LATHAM GROUP, INC., 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Mark Phillip Laven	director	787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Masson Robert L. Ii	officer: Chief Financial Officer	787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Dane L. Derbyshire	director	787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Jeff Arnold Leake	officer: Chief Operating Officer	787 WATERVLIET SHAKER ROAD, LATHAM NY 12110