Latham Group, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Sean Gadd
- Full Time Employees
- 1,900
- Sector
- Industrials
- Industry
- Construction
- Address
- 787 Watervliet Shaker Road Latham NY United States of America 12110
- IPO Date
- Apr 23, 2021
- CIK
- 0001833197
- Website
- lathampool.com
- Similar Companies
- Business
- Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools and related products primarily in North America, Australia, and New Zealand. The company offers a broad product portfolio including fiberglass and packaged pools; pool liners; automatic safety pool covers; and pool accessories under brand names such as Latham, Narellan, CoverStar, Radiant, and GLI. Its product range includes fiberglass pools, vinyl pool liners with Ultra-Seam® technology available in over 30 designs, and a variety of mesh and solid automatic safety covers. Latham also produces pool steps manufactured from thermoplastic, vinyl over steel, vinyl over polymer, and acrylic/fiberglass. Founded in 1958 and headquartered in Latham, New York, the company serves both homeowners and pool professionals through a network of dealers and strategic partnerships. In the past two years, Latham Group has focused on expanding its market presence in the U.S. Sand States, particularly Florida and Texas, establishing alliances with custom homebuilders and gaining representation in several master-planned communities. Recent major developments include the strategic acquisitions of multiple Coverstar automatic safety cover dealers, enhancing its product offering and geographic reach. The company has driven operational efficiencies and margin expansion through lean manufacturing, value engineering, and enhanced procurement programs. Latham also advanced its digital Measure by Latham tool to support growth and service innovation. For fiscal year 2025, Latham narrowed its net sales guidance to $540-$550 million and expects adjusted EBITDA growth driven by its fiberglass pool leadership and growing adoption of automatic safety covers despite a flat to slightly down new U.S. pool starts market forecast. Latham primarily targets residential pool owners and pool professionals across the U.S., Australia, and New Zealand, focusing on the higher-growth fiberglass pool segments and safety covers. The company leverages its broad portfolio and strategic acquisitions to maintain market leadership and expand its footprint in emerging U.S. markets. It continues to invest in marketing and operational efficiencies to sustain growth and improve margins in a competitive swimming pool industry environment. Its subsidiaries and brand portfolio support diversified revenue streams and access to replacement as well as new pool construction markets. Latham Group is publicly traded under the ticker SWIM.
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