Latham (SWIM) Gross Margin (2020 - 2026)
Latham's (SWIM) quarterly Gross Margin came in at 31.67% in Q1 2026, up 216.0% YoY from 10.02% in Q1 2025, and up 13.32% on a QoQ basis from 27.95% in Q4 2025.
Latham (SWIM) Gross Margin (2020 - 2026) Analysis & Trends
Latham (SWIM) has 7 years of Gross Margin data on file, last reported at 31.67% in Q1 2026.
- Quarterly Gross Margin rose 216.0% year-over-year to 31.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 33.77% (up 314.0% YoY) and the FY2025 annual result came in at 33.35%, up 312.0% from the prior year.
- Gross Margin climbed to 31.67% in Q1 2026, from 27.95% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 37.05% in Q2 2025 to a low of 17.91% in Q4 2022.
- A 5-year average of 29.63% and a median of 29.95% in 2023 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 541 bps in 2023, down 1264 bps in 2023.
- Tracing SWIM's Gross Margin over 5 years: 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 37.41% |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 30.59% |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 43.57% |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 36.20% |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 34.91% |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 28.77% |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 40.76% |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 40.18% |
| 10 | Latham | 832.32 Mn | 832.32 Mn | 70.08 Mn | 35.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 35.49% |
| 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% |