📊 SWIM Key Takeaways
Is Latham Group, Inc. (SWIM) a Good Investment?
Latham Group demonstrates solid liquidity and positive free cash flow generation, but suffers from deteriorating profitability fundamentals with flat net income despite 7.4% revenue growth, indicating significant margin compression. The 2.0% net margin and 5.6% operating margin are structurally weak, yielding poor capital returns (2.7% ROE, 1.4% ROA) that fail to justify the 0.69x debt-to-equity leverage.
Why Buy Latham Group, Inc. Stock? SWIM Key Strengths
- Strong liquidity position with 2.77x current ratio and 1.82x quick ratio
- Positive free cash flow generation of $38.0M with 7.0% FCF margin exceeding net margin
- Manageable debt leverage (0.69x D/E) with solid 6.1x interest coverage ratio
- Steady revenue growth of 7.4% YoY in consumer discretionary sector
SWIM Stock Risks: Latham Group, Inc. Investment Risks
- Profitability stagnation: flat net income YoY despite 7.4% revenue growth signals margin compression
- Structurally low profit margins (2.0% net, 5.6% operating) limit earnings potential and capital returns
- Weak capital efficiency: ROE of 2.7% and ROA of 1.4% indicate poor asset utilization
- High absolute long-term debt of $279.8M limits financial flexibility despite acceptable ratios
Key Metrics to Watch
- Operating margin trend (currently only 5.6%)
- Gross margin sustainability (33.4%)
- Free cash flow generation relative to capex intensity
- Debt reduction progress on $279.8M long-term debt balance
Latham Group, Inc. (SWIM) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.77x current ratio provides a solid financial cushion.
SWIM Profit Margin, ROE & Profitability Analysis
SWIM vs Materials Sector: How Latham Group, Inc. Compares
How Latham Group, Inc. compares to Materials sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Latham Group, Inc. Stock Overvalued? SWIM Valuation Analysis 2026
Based on fundamental analysis, Latham Group, Inc. shows some fundamental concerns relative to the Materials sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Latham Group, Inc. Balance Sheet: SWIM Debt, Cash & Liquidity
SWIM Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Latham Group, Inc.'s revenue has declined by 10% over the 5-year period, indicating business contraction. The most recent EPS of $-0.02 indicates the company is currently unprofitable.
SWIM Revenue Growth, EPS Growth & YoY Performance
SWIM Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $150.5M | $5.9M | $0.05 |
| Q2 2025 | $160.1M | $5.4M | $0.05 |
| Q1 2025 | $110.6M | -$6.0M | $-0.05 |
| Q3 2024 | $150.5M | -$2.5M | $-0.02 |
| Q2 2024 | $160.1M | $5.4M | $0.05 |
| Q1 2024 | $110.6M | -$7.9M | $-0.07 |
| Q3 2023 | $160.8M | -$2.5M | $-0.02 |
| Q2 2023 | $177.1M | $1.5M | $0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Latham Group, Inc. Dividends, Buybacks & Capital Allocation
SWIM SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Latham Group, Inc. (CIK: 0001833197)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 20, 2026 | DEF 14A | ny20065092x1_def14a.htm | View → |
| Mar 16, 2026 | 4 | xslF345X05/wk-form4_1773685860.xml | View → |
| Mar 16, 2026 | 4 | xslF345X05/wk-form4_1773685728.xml | View → |
| Mar 16, 2026 | 4 | xslF345X05/wk-form4_1773685625.xml | View → |
| Mar 16, 2026 | 4 | xslF345X05/wk-form4_1773685428.xml | View → |
❓ Frequently Asked Questions about SWIM
What is the AI rating for SWIM?
Latham Group, Inc. (SWIM) has an AI rating of HOLD with 68% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SWIM's key strengths?
Claude: Strong liquidity position with 2.77x current ratio and 1.82x quick ratio. Positive free cash flow generation of $38.0M with 7.0% FCF margin exceeding net margin.
What are the risks of investing in SWIM?
Claude: Profitability stagnation: flat net income YoY despite 7.4% revenue growth signals margin compression. Structurally low profit margins (2.0% net, 5.6% operating) limit earnings potential and capital returns.
What is SWIM's revenue and growth?
Latham Group, Inc. reported revenue of $545.9M.
Does SWIM pay dividends?
Latham Group, Inc. pays dividends, with $110.0M distributed to shareholders in the trailing twelve months.
Where can I find SWIM SEC filings?
Official SEC filings for Latham Group, Inc. (CIK: 0001833197) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SWIM's EPS?
Latham Group, Inc. has a diluted EPS of $0.09.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is SWIM a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Latham Group, Inc. has a HOLD rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is SWIM stock overvalued or undervalued?
Valuation metrics for SWIM: ROE of 2.7% (sector avg: 14%), net margin of 2.0% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy SWIM stock in 2026?
Our dual AI analysis gives Latham Group, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is SWIM's free cash flow?
Latham Group, Inc.'s operating cash flow is $63.4M, with capital expenditures of $25.4M. FCF margin is 7.0%.
How does SWIM compare to other Materials stocks?
Vs Materials sector averages: Net margin 2.0% (avg: 10%), ROE 2.7% (avg: 14%), current ratio 2.77 (avg: 1.6).