📊 SWIM Key Takeaways
Is Latham Group, Inc. (SWIM) a Good Investment?
Latham Group demonstrates unsustainable financial fundamentals with 7.4% revenue growth masked by deteriorating profitability and severe negative free cash flow of -58.2M. The company cannot cover its operating expenses or interest payments from earnings while burning $47.7M in operating cash flow, creating imminent liquidity and solvency risks despite modest balance sheet leverage.
Latham Group, Inc. Key Strengths (SWIM)
- Revenue growth of 7.4% YoY demonstrates market demand in plastics products segment
- Gross margin of 31.7% indicates acceptable product-level unit economics and pricing power
- Current ratio of 1.88x and quick ratio of 1.16x provide near-term liquidity buffer
SWIM Stock Risks: Latham Group, Inc. Investment Risks
- Severe negative free cash flow of -58.2M annually is unsustainable and accelerating cash depletion
- Operating losses of -6.6M on -6.6M operating margin despite revenue growth signals fundamental operational dysfunction or uncontrollable fixed costs
- Negative interest coverage of -1.3x with $311.2M debt outstanding creates acute solvency risk; company cannot service debt from operations
- Operating cash flow of -47.7M indicates business model is not self-sustaining and cannot fund operations or capex
- Low cash position of $27.5M relative to burn rate and debt obligations limits financial flexibility
Key Metrics to Watch
- Operating margin trend - critical to identify when operational losses stabilize and reverse
- Operating cash flow inflection - must return to positive territory within 2-3 quarters or solvency crisis emerges
- Debt refinancing activity and covenant compliance - monitor ability to extend or refinance $311.2M debt burden
- Working capital efficiency - assess if improved cash conversion can offset operational losses
Latham Group, Inc. (SWIM) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Latham Group, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
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 |
|---|---|---|---|
| Q1 2026 | $111.4M | -$6.0M | $-0.05 |
| 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 |
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
❓ Frequently Asked Questions about SWIM
What is the AI rating for SWIM?
Latham Group, Inc. (SWIM) has an AI grade of D with 88% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SWIM's key strengths?
Claude: Revenue growth of 7.4% YoY demonstrates market demand in plastics products segment. Gross margin of 31.7% indicates acceptable product-level unit economics and pricing power.
What are the risks of investing in SWIM?
Claude: Severe negative free cash flow of -58.2M annually is unsustainable and accelerating cash depletion. Operating losses of -6.6M on -6.6M operating margin despite revenue growth signals fundamental operational dysfunction or uncontrollable fixed costs.
What is SWIM's revenue and growth?
Latham Group, Inc. reported revenue of $117.3M.
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 $-0.07.
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 grade reflects both perspectives for balanced insights.
What is SWIM's fundamental grade?
Based on our AI fundamental analysis in June 2026, Latham Group, Inc. has a D grade with 88% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is SWIM stock overvalued or undervalued?
Valuation metrics for SWIM: ROE of -2.2% (sector avg: 14%), net margin of -7.3% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is SWIM's AI grade for 2026?
Our dual AI analysis gives Latham Group, Inc. a combined D grade 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 $-47.7M, with capital expenditures of $10.5M. FCF margin is -49.6%.
How does SWIM compare to other Materials stocks?
Vs Materials sector averages: Net margin -7.3% (avg: 10%), ROE -2.2% (avg: 14%), current ratio 1.88 (avg: 1.6).