Latham (SWIM) Gross Margin (2020 - 2026)
Latham (SWIM) reported Gross Margin of 31.67% for Q1 2026, up 216.0% on a YoY basis from 10.02% in Q1 2025, and up 13.32% quarter-over-quarter from 27.95% in Q4 2025.
Latham (SWIM) Gross Margin (2020 - 2026) Analysis & Trends
Latham has reported Gross Margin for 7 years, with the latest figure at 31.67% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 216.0% year-over-year to 31.67%; the trailing twelve-month figure through Mar 2026 stood at 33.77% (up 314.0% YoY), and the FY2025 full-year result was 33.35%, up 312.0% from the prior year.
- Gross Margin for Q1 2026 stood at 31.67%, up from 27.95% in the prior quarter.
- The five-year high for Gross Margin was 37.05% in Q2 2025, with the low at 17.91% in Q4 2022.
- Historically, Gross Margin has averaged 29.63% across 5 years, with a median of 29.95% in 2023.
- The largest YoY upside for Gross Margin was 541 bps in 2023 against a maximum downside of 1264 bps in 2023.
- Latham's Gross Margin stood at 17.91% in 2022, then soared by 30 bps to 23.33% in 2023, then climbed by 5 bps to 24.57% in 2024, then climbed by 14 bps to 27.95% in 2025, then grew by 13 bps to 31.67% in 2026.
- The last three Gross Margin figures came in at 31.67% (Q1 2026), 27.95% (Q4 2025), and 35.4% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 34.77% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 35.78% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 90.17% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 30.95% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 35.77% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 34.52% |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 40.68% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 35.12% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 25.88% |
| 10 | Latham | 680.32 Mn | 680.32 Mn | 37.16 Mn | 31.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 31.67% |
| Dec 31, 2025 | 27.95% |
| Sep 27, 2025 | 35.40% |
| Jun 28, 2025 | 37.05% |
| Mar 29, 2025 | 29.51% |
| Dec 31, 2024 | 24.57% |
| Sep 28, 2024 | 32.35% |
| Jun 29, 2024 | 33.11% |
| Mar 30, 2024 | 27.65% |
| Dec 31, 2023 | 23.33% |
| Sep 30, 2023 | 29.95% |
| Jul 1, 2023 | 28.36% |
| Apr 1, 2023 | 24.23% |
| Dec 31, 2022 | 17.91% |
| Oct 1, 2022 | 31.09% |
| Jul 2, 2022 | 32.69% |
| Apr 2, 2022 | 36.87% |
| Dec 31, 2021 | 30.52% |
| Oct 2, 2021 | 31.48% |
| Jul 3, 2021 | 32.26% |