Latham Group Past Earnings Performance
Past criteria checks 3/6
Latham Group has been growing earnings at an average annual rate of 3.1%, while the Leisure industry saw earnings growing at 12.7% annually. Revenues have been declining at an average rate of 4.9% per year. Latham Group's return on equity is 2.9%, and it has net margins of 2.2%.
Key information
3.1%
Earnings growth rate
1.4%
EPS growth rate
| Leisure Industry Growth | 16.9% |
| Revenue growth rate | -4.9% |
| Return on equity | 2.9% |
| Net Margin | 2.2% |
| Last Earnings Update | 29 Jun 2024 |
Recent past performance updates
Recent updates
Latham Group's (NASDAQ:SWIM) Shareholders May Want To Dig Deeper Than Statutory Profit
Aug 14
Latham Group: It Might Be Time To Dip Your Toes In
Aug 08Latham Group, Inc.'s (NASDAQ:SWIM) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jul 11Here's What's Concerning About Latham Group's (NASDAQ:SWIM) Returns On Capital
Jun 26Latham Group, Inc.'s (NASDAQ:SWIM) 25% Share Price Plunge Could Signal Some Risk
May 05Latham Group, Inc.'s (NASDAQ:SWIM) CEO Might Not Expect Shareholders To Be So Generous This Year
Apr 26Here's Why Latham Group (NASDAQ:SWIM) Has A Meaningful Debt Burden
Apr 17Latham Group, Inc.'s (NASDAQ:SWIM) 25% Jump Shows Its Popularity With Investors
Mar 21Is It Time To Consider Buying Latham Group, Inc. (NASDAQ:SWIM)?
Mar 03Latham Group (NASDAQ:SWIM) May Have Issues Allocating Its Capital
Feb 13Pinning Down Latham Group, Inc.'s (NASDAQ:SWIM) P/S Is Difficult Right Now
Jan 26Estimating The Fair Value Of Latham Group, Inc. (NASDAQ:SWIM)
Dec 15Latham Group, Inc. (NASDAQ:SWIM) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Sep 12Returns On Capital Signal Tricky Times Ahead For Latham Group (NASDAQ:SWIM)
Jun 29What Is Latham Group, Inc.'s (NASDAQ:SWIM) Share Price Doing?
Jun 02Is Latham Group, Inc. (NASDAQ:SWIM) Trading At A 44% Discount?
May 04The Returns At Latham Group (NASDAQ:SWIM) Aren't Growing
Feb 09Analysts Just Made A Major Revision To Their Latham Group, Inc. (NASDAQ:SWIM) Revenue Forecasts
Nov 13Some Investors May Be Worried About Latham Group's (NASDAQ:SWIM) Returns On Capital
Oct 24Latham Group: A Rapidly-Growing Pool Business
Sep 08Latham Group, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 14Latham Group price target lowered to $5.50 by Goldman Sachs
Jul 13Revenue & Expenses Breakdown
How Latham Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 29 Jun 24 | 522 | 12 | 100 | 0 |
| 30 Mar 24 | 539 | 4 | 103 | 0 |
| 31 Dec 23 | 566 | -2 | 110 | 0 |
| 30 Sep 23 | 584 | -22 | 120 | 0 |
| 01 Jul 23 | 612 | -16 | 123 | 0 |
| 01 Apr 23 | 642 | -17 | 135 | 0 |
| 31 Dec 22 | 696 | -6 | 147 | 0 |
| 01 Oct 22 | 727 | 7 | 161 | 0 |
| 02 Jul 22 | 699 | -16 | 182 | 0 |
| 02 Apr 22 | 673 | -74 | 236 | 0 |
| 31 Dec 21 | 630 | -62 | 218 | 0 |
| 02 Oct 21 | 604 | -59 | 205 | 0 |
| 03 Jul 21 | 569 | -30 | 177 | 0 |
| 03 Apr 21 | 501 | 40 | 97 | 0 |
| 31 Dec 20 | 403 | 16 | 86 | 0 |
| 31 Dec 19 | 318 | 7 | 57 | 0 |
Quality Earnings: SWIM has high quality earnings.
Growing Profit Margin: SWIM became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SWIM has become profitable over the past 5 years, growing earnings by 3.1% per year.
Accelerating Growth: SWIM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SWIM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Leisure industry (-41.5%).
Return on Equity
High ROE: SWIM's Return on Equity (2.9%) is considered low.