SWIM (Latham Group) Pretax Margin %: -9.67% (As of Mar. 2026)


SWIM Latham Group Inc SWIM
74 GF Score
Price $6.05
GF Value $6.18
Valuation Fairly Valued
! 5 Warning Signs
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What is Latham Group Pretax Margin %?

Latham Group SWIM +2.98% 74 Pretax Margin % is -9.67% as of Mar. 2026. GuruFocus rates SWIM with a GF Score™ of 74/100 and a GF Value™ of $6.18 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,763 Construction companies, Latham Group ranks worse than 67.04% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Latham Group's Pre-Tax Income for the three months ended in Mar. 2026 was $-11.3 Mil. Latham Group's Revenue for the three months ended in Mar. 2026 was $117.3 Mil. Therefore, Latham Group's pretax margin for the quarter that ended in Mar. 2026 was -9.67%.

The historical rank and industry rank for Latham Group's Pretax Margin % or its related term are showing as below:

SWIM' s Pretax Margin % Range Over the Past 10 Years
Min: -8.49   Med: 0.88   Max: 5.64
Current: 2.21


SWIM's Pretax Margin % is ranked worse than
67.04% of 1763 companies
in the Construction industry
Industry Median: 5.56 vs SWIM: 2.21

Latham Group  (NAS:SWIM) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Latham Group Pretax Margin % Related Terms


Latham Group Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Latham Group's Pretax 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.

Latham Group Pretax Margin % Chart

Latham Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial -8.49 1.97 -1.78 -1.72 2.47

Latham Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.01 12.23 9.62 -13.17 -9.67

SWIM vs ASPN, JBI, APOG: Pretax Margin % Comparison

For the Building Products & Equipment subindustry, Latham Group's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Construction Industry

For the Construction industry and Industrials sector, Latham Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Latham Group's Pretax Margin % falls into.


SWIM
74GF Score
Latham Group Inc SWIM
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Latham Group Pretax Margin % Calculation

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

Latham Group's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=13.488/545.912
=2.47 %

Latham Group's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-11.34/117.315
=-9.67 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -9.67% mean?
Latham Group (SWIM) has a Pretax Margin % of -9.67% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Latham Group and its competitors. According to the industry distribution chart, Latham Group ranks #1182 out of 1763 companies in the Construction industry, placing it in the top 67%.
Is Latham Group's Pretax Margin % too high?
Latham Group's current Pretax Margin % is -9.67%. Based on the distribution chart, Latham Group ranks #1182 out of 1763 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 Pretax Margin % compare to ASPN and JBI?
According to the Construction industry distribution chart, Latham Group ranks #1182 out of 1763 companies for Pretax Margin %. This places Latham Group in the lower half of its industry. The industry median Pretax Margin % is 5.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Construction company?
The median Pretax Margin % among Construction companies is 5.56, based on 1,763 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Latham Group and its competitors. For the Construction industry, the median Pretax Margin % is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latham Group's current Pretax Margin % is -9.67%. 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 Pretax Margin % is -9.67%. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Latham Group (SWIM), the current Pretax Margin % is -9.67% 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:

  • Pretax Margin %: -9.67%
  • GF Value™: $6.18 vs. price of $6.05 (2.2% below fair value)
  • GF Score™: 74/100 with 5 warning signs

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 Business Description

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

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.05
Price
$6.18
GF Value