# Latham Group share price today (Latham Group, Inc., SWIM) > Latham Group, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SWIM · Industrials · Building Products & Equipment · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/swim Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: $7.32 (+1.0% in a year) - P/E: 92.6×, over 4.1 years - Revenue (Jun 2026): $197 M (+14.4% on a year ago) - Profit (Jun 2026): $12.8 M (−20.2% on a year ago) - Operating margin: 14.1% (−0.2 points on a year ago) - ROE: 3%, FY25 Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Latham Group share price today? Latham Group, Inc.'s share price was $7.32 at the close on 3 November 2026. It has been stalling near its high for 3 weeks. That is 18.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between $5 and $7, and at that close it sat 94% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 4 weeks in a row. Over the last 5.5 years the share price moved −72% while the S&P 500 moved +81%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Latham Group pay? Latham Group, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Latham Group on? Latham Group is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Latham Group profitable? Latham Group, Inc. earned $12.8 M of net profit in the Jun 2026 quarter, −20.2% on the same quarter a year earlier. Full-year FY25 profit was $11.1 M. That is 6.5% of the quarter's revenue. The same quarter a year earlier earned $16.0 M. 5 of the last 12 reported quarters were loss-making. ## How much revenue does Latham Group make, and is it growing? Latham Group, Inc. reported $197 M of revenue in the Jun 2026 quarter, +14.4% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 4 years it has grown −3.5% a year on average. The last full year, FY25, came in at $546 M. The last four reported quarters add to $577 M. FY25 revenue was $546 M, +7.4% on the year before. Recent pace: the last four quarters grew +10.5% on average, against −3.5% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +10.5%, against +5.1% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does Latham Group keep? Latham Group, Inc.'s operating margin was 14.1% in the Jun 2026 quarter, 0.2 percentage points lower than the same quarter a year ago. Across 5 years it has been between −5.7% and 6.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed −0.2 percentage points on the year while gross margin changed −1.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Latham Group's profit turning into cash? Latham Group, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $63.4 M of operating cash against $11.1 M of profit. After $25.4 M of spending on assets, $38.0 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Latham Group's cash go? Latham Group, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $78.7 M on assets over the last 3 years. Averaged over those years that is 4.8% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $78.7 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Latham Group's P/E ratio, and how does it compare with its own history? Latham Group, Inc.'s P/E is 92.6×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Latham Group business getting better or worse? Latham Group, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Latham Group earn on its capital? Latham Group, Inc. earned a ROE of 3% in FY25. That is up from a low of −18% in FY21. Its return on capital used (ROIC) is 7.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 2.0% net margin and 0.66× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 2.0% net margin × 0.66× asset turnover × 2.03× leverage (assets divided by equity) ≈ 2.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.6% − 12.2% = −7.6 percentage points. The 12.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Latham Group have too much debt? Latham Group, Inc. has total debt of $314 M against shareholder equity of $411 M as of Jun 2026, so its debt is 0.76× its equity. Year by year, that ratio went from 0.79 in FY21 to 0.78 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Latham Group shareholding pattern? 7.5% of Latham Group, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Latham Group from balance-sheet trouble? For Latham Group, Inc., the Z-score is 1.92. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 1.92 is in the grey area, neither clearly safe nor clearly in trouble. ## How does Latham Group rank in its industry? 52.5 out of 100, rank 10 of 29 in Building Products & Equipment, with 64% of the evidence available. Latham Group, Inc. scores 52.5 out of 100 against the 29 companies it is compared with in Building Products & Equipment, ranking 10. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 19.6 + 6.5 + 8.5 + 17.9 = 52.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Latham Group compared with? Latham Group ranks 10 of 29 Building Products & Equipment companies on the 4-Factor Sector Score, with 52.5 out of 100. 1. [Masco Corporation](https://www.sectoralpha.in/us/stocks/mas) MAS · turning · Most evidence points up · 81% evidence 72.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue -0.6% · Profit 9.8% · Operating margin change 3.5 points · 83% evidence Capital efficiency 21.4/25 · ROCE 36.1% · Operating margin 23.6% · 76% evidence Valuation 11.9/20 · P/E 18.6× · PEG 1.25 · 65% evidence Relative strength 18.6/20 · Lead over its industry 20.8% · Lead over S&P 500 12% · 1 year 32.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 20.3 + 21.4 + 11.9 + 18.6 = 72.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Johnson Controls International plc](https://www.sectoralpha.in/us/stocks/jci) JCI · losing its lead · Most evidence points up · 81% evidence 67.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.1/35 · Revenue 6.8% · Profit 60.7% · Operating margin change 2.2 points · 83% evidence Capital efficiency 13.7/25 · ROCE 13.2% · Operating margin 15.9% · 76% evidence Valuation 14.2/20 · P/E 24.9× · PEG 0.47 · 65% evidence Relative strength 14.3/20 · Lead over its industry 12.7% · Lead over S&P 500 4.8% · 1 year 22.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 25.1 + 13.7 + 14.2 + 14.3 = 67.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Apogee Enterprises, Inc.](https://www.sectoralpha.in/us/stocks/apog) APOG · turning · Most evidence points up · 85% evidence 66.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.2/35 · Revenue 3% · Profit 54.5% · Operating margin change 0.1 points · 95% evidence Capital efficiency 11.1/25 · ROCE 11.9% · Operating margin 8.8% · 76% evidence Valuation 15.7/20 · P/E 12.5× · PEG 0.23 · 65% evidence Relative strength 19.5/20 · Lead over its industry 22.4% · Lead over S&P 500 13.4% · 1 year 33.2% · 100% evidence · 3 of 12 weeks ahead Exact sum: 20.2 + 11.1 + 15.7 + 19.5 = 66.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Griffon Corporation](https://www.sectoralpha.in/us/stocks/gff) GFF · quiet · Most evidence points up · 74% evidence 65.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.6/35 · Revenue 2% · Profit 100% · Operating margin change -1.4 points · 62% evidence Capital efficiency 19.2/25 · ROCE 27.3% · Operating margin 23.6% · 76% evidence Valuation 13.9/20 · P/E 25× · PEG 0.53 · 65% evidence Relative strength 15.2/20 · Lead over its industry 20.7% · Lead over S&P 500 12.1% · 1 year 41.6% · 100% evidence · 4 of 12 weeks ahead Exact sum: 17.6 + 19.2 + 13.9 + 15.2 = 65.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Carlisle Companies Incorporated](https://www.sectoralpha.in/us/stocks/csl) CSL · turning · Evidence leans up · 81% evidence 64.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Revenue 1.9% · Profit -10.2% · Operating margin change -0.5 points · 83% evidence Capital efficiency 19.0/25 · ROCE 19.1% · Operating margin 22.8% · 76% evidence Valuation 15.4/20 · P/E 20.3× · PEG 0.21 · 65% evidence Relative strength 16.7/20 · Lead over its industry 14.2% · Lead over S&P 500 5.6% · 1 year 21.6% · 100% evidence · 1 of 12 weeks ahead Exact sum: 13.2 + 19 + 15.4 + 16.7 = 64.3 · What this means: Relative strength against the index is 5.6%, and revenue and profit growth are weak. 6. [Perma-Pipe International Holdings, Inc.](https://www.sectoralpha.in/us/stocks/ppih) PPIH · breaking out · Evidence leans up · 85% evidence 60.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 24.2% · Profit 42.9% · Operating margin change -3.7 points · 95% evidence Capital efficiency 12.7/25 · ROCE 15.5% · Operating margin 7.1% · 76% evidence Valuation 15.4/20 · P/E 12.6× · PEG 0.24 · 65% evidence Relative strength 13.4/20 · Lead over its industry 2.4% · Lead over S&P 500 -5.1% · 1 year 5.7% · 100% evidence · 8 of 12 weeks ahead Exact sum: 18.7 + 12.7 + 15.4 + 13.4 = 60.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Trex Company, Inc.](https://www.sectoralpha.in/us/stocks/trex) TREX · turning · Evidence leans up · 81% evidence 58.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.4/35 · Revenue 6.8% · Profit -11.1% · Operating margin change -5.8 points · 83% evidence Capital efficiency 19.6/25 · ROCE 20.7% · Operating margin 20.6% · 76% evidence Valuation 7.8/20 · P/E 29.3× · PEG 1.96 · 65% evidence Relative strength 19.6/20 · Lead over its industry 22.9% · Lead over S&P 500 14% · 1 year 51.7% · 100% evidence · 5 of 12 weeks ahead Exact sum: 11.4 + 19.6 + 7.8 + 19.6 = 58.4 · What this means: Relative strength against the index is 14%, and revenue and profit growth are weak. 8. [Armstrong World Industries, Inc.](https://www.sectoralpha.in/us/stocks/awi) AWI · quiet · Evidence leans up · 81% evidence 55.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Revenue 8.4% · Profit 6.8% · Operating margin change 0 points · 83% evidence Capital efficiency 18.6/25 · ROCE 19% · Operating margin 21.6% · 76% evidence Valuation 6.7/20 · P/E 21.7× · PEG 2.66 · 65% evidence Relative strength 11.0/20 · Lead over its industry 1.4% · Lead over S&P 500 -6.3% · 1 year -9.3% · 100% evidence · 4 of 12 weeks ahead Exact sum: 19.4 + 18.6 + 6.7 + 11 = 55.7 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 9. [Quanex Building Products Corporation](https://www.sectoralpha.in/us/stocks/nx) NX · quiet · Evidence leans up · 77% evidence 54.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 1.3% · Profit n/a · Operating margin change 2.7 points · 71% evidence Capital efficiency 7.6/25 · ROCE 6.5% · Operating margin 9.3% · 76% evidence Valuation 10.9/20 · P/E 17.9× · PEG 1.53 · 65% evidence Relative strength 14.8/20 · Lead over its industry 18% · Lead over S&P 500 9.4% · 1 year 61.1% · 100% evidence · 6 of 12 weeks ahead Exact sum: 20.8 + 7.6 + 10.9 + 14.8 = 54.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. Latham Group, Inc. this page SWIM · turning · Evidence leans up · 64% evidence 52.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 10.6% · Profit n/a · Operating margin change -0.2 points · 62% evidence Capital efficiency 6.5/25 · ROCE 4.7% · Operating margin 14.1% · 76% evidence Valuation 8.5/20 · P/E 141.3× · PEG n/a · 15% evidence Relative strength 17.9/20 · Lead over its industry 19.9% · Lead over S&P 500 11.1% · 1 year 7.2% · 100% evidence · 6 of 12 weeks ahead Exact sum: 19.6 + 6.5 + 8.5 + 17.9 = 52.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Advanced Drainage Systems, Inc.](https://www.sectoralpha.in/us/stocks/wms) WMS · basing · Evidence leans up · 81% evidence 51.5 out of 100 Growth Capital Valuation Relative 12. [AAON, Inc.](https://www.sectoralpha.in/us/stocks/aaon) AAON · basing · Evidence leans up · 81% evidence 50.2 out of 100 Growth Capital Valuation Relative 13. [SPX Technologies, Inc.](https://www.sectoralpha.in/us/stocks/spxc) SPXC · basing · Evidence leans down · 81% evidence 49.8 out of 100 Growth Capital Valuation Relative 14. [Arlo Technologies, Inc.](https://www.sectoralpha.in/us/stocks/arlo) ARLO · basing · Evidence leans down · 64% evidence 47.0 out of 100 Growth Capital Valuation Relative 15. [Owens Corning](https://www.sectoralpha.in/us/stocks/oc) OC · quiet · Too little evidence to rank firmly · 56% evidence 46.7 out of 100 Growth Capital Valuation Relative 16. [Trane Technologies plc](https://www.sectoralpha.in/us/stocks/tt) TT · quiet · Evidence leans down · 81% evidence 46.4 out of 100 Growth Capital Valuation Relative 17. [Limbach Holdings, Inc.](https://www.sectoralpha.in/us/stocks/lmb) LMB · turning · Evidence leans down · 81% evidence 45.8 out of 100 Growth Capital Valuation Relative 18. [NPK International Inc.](https://www.sectoralpha.in/us/stocks/npki) NPKI · quiet · Evidence leans down · 64% evidence 45.8 out of 100 Growth Capital Valuation Relative 19. [Fortune Brands Innovations, Inc.](https://www.sectoralpha.in/us/stocks/fbin) FBIN · basing · Evidence leans down · 81% evidence 45.6 out of 100 Growth Capital Valuation Relative 20. [Lennox International Inc.](https://www.sectoralpha.in/us/stocks/lii) LII · basing · Evidence leans down · 81% evidence 45.3 out of 100 Growth Capital Valuation Relative 21. [Janus International Group, Inc.](https://www.sectoralpha.in/us/stocks/jbi) JBI · basing · Too little evidence to rank firmly · 58% evidence 40.9 out of 100 Growth Capital Valuation Relative 22. [Carrier Global Corporation](https://www.sectoralpha.in/us/stocks/carr) CARR · basing · Evidence leans down · 81% evidence 38.8 out of 100 Growth Capital Valuation Relative 23. [Gibraltar Industries, Inc.](https://www.sectoralpha.in/us/stocks/rock) ROCK · basing · Evidence leans down · 71% evidence 38.3 out of 100 Growth Capital Valuation Relative 24. [Louisiana-Pacific Corporation](https://www.sectoralpha.in/us/stocks/lpx) LPX · basing · Evidence leans down · 81% evidence 35.9 out of 100 Growth Capital Valuation Relative 25. [Builders FirstSource, Inc.](https://www.sectoralpha.in/us/stocks/bldr) BLDR · basing · Most evidence points down · 81% evidence 34.3 out of 100 Growth Capital Valuation Relative 26. [Aspen Aerogels, Inc.](https://www.sectoralpha.in/us/stocks/aspn) ASPN · losing its lead · Most evidence points down · 64% evidence 31.3 out of 100 Growth Capital Valuation Relative 27. AirJoule Technologies Corporation AIRJ · quiet · Too little evidence to rank firmly · 58% evidence 27.8 out of 100 Growth Capital Valuation Relative 28. [Madison Air Solutions Corporation](https://www.sectoralpha.in/us/stocks/mair) MAIR · quiet · Too little evidence to rank firmly · 31% evidence 52.9 out of 100 Growth Capital Valuation Relative 29. JELD-WEN Holding, Inc. JELD · Too little evidence to rank firmly · 44% evidence 32.2 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Building Products & Equipment](https://www.sectoralpha.in/us/sectors/building-products-equipment), all 29 compared on one page. ## Which companies are close to Latham Group in size? Latham Group is the 22nd largest of 27 Building Products & Equipment companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Gibraltar Industries, Inc., Apogee Enterprises, Inc. and Quanex Building Products Corporation. Just below it: NPK International Inc., Janus International Group, Inc. and Limbach Holdings, Inc. ### Building Products & Equipment companies close in size 1. [Gibraltar Industries, Inc.](https://www.sectoralpha.in/us/stocks/rock) $1.2 billion 2. [Apogee Enterprises, Inc.](https://www.sectoralpha.in/us/stocks/apog) $958 million 3. [Quanex Building Products Corporation](https://www.sectoralpha.in/us/stocks/nx) $955 million 4. Latham Group, Inc. $861 million 5. [NPK International Inc.](https://www.sectoralpha.in/us/stocks/npki) $765 million 6. [Janus International Group, Inc.](https://www.sectoralpha.in/us/stocks/jbi) $639 million 7. [Limbach Holdings, Inc.](https://www.sectoralpha.in/us/stocks/lmb) $595 million [All 27 Building Products & Equipment companies, largest first](https://www.sectoralpha.in/us/sectors/building-products-equipment#all-companies) ### Companies close in size in other industries 1. [PicS N.V.](https://www.sectoralpha.in/us/stocks/pics) $880 million · Software - Infrastructure 2. [Compass Diversified](https://www.sectoralpha.in/us/stocks/codi) $878 million · Conglomerates 3. Latham Group, Inc. $878 million 4. [Arteris, Inc.](https://www.sectoralpha.in/us/stocks/aip) $877 million · Semiconductors 5. [MediaAlpha, Inc.](https://www.sectoralpha.in/us/stocks/max) $875 million · Internet Content & Information ## What else do people ask about Latham Group? ### What were Latham Group's latest quarterly results? Latham Group, Inc. reported revenue of $197 M and net profit of $12.8 M for the Jun 2026 quarter. Revenue rose 14.4% and profit fell 20.2% compared with a year earlier. Earnings per share were $0.11. The operating margin was 14.1%, 0.2 percentage points lower than a year earlier (as of 3 November 2026). ### What is Latham Group's market cap? Latham Group, Inc.'s market capitalisation is $861 M at a stock price of $7.32. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Latham Group performing? Latham Group, Inc.'s share price has been stalling near its high for 3 weeks. In its latest quarter, revenue rose 14.4% and profit fell 20.2% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 4 weeks running (as of 3 November 2026). ### Will Latham Group's stock price go up? This page does not forecast Latham Group, Inc.'s stock price. What it shows instead: the stock price is $7.32, and it has been stalling near its high for 3 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does Latham Group have too much debt? Latham Group, Inc. has a moderate amount of debt: its debt is 0.77× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Latham Group in its business cycle? Latham Group, Inc.'s FY25 operating margin was 5.6%, against a 5-year range of −5.7% to 6.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 14.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Latham Group story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Latham Group a stock worth studying right now? What the numbers show: Latham Group, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.