Latham (SWIM) Interest Coverage Ratio (2020 - 2026)
Latham's (SWIM) Interest Coverage Ratio stood at 4.23 in Q2 2026, up 22.4% from 3.46 a year earlier.
Latham (SWIM) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
On a TTM basis, Latham's Interest Coverage Ratio came in at 1.27 as of Jun 27, 2026, up 73.2% year-over-year; for FY2025, it was 1.19, up 61.1% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 0.74 in FY2024 (+41.0%), 0.52 in FY2023 (-72.6%), 1.91 in FY2022 and -1.48 in FY2021.
- The Q2 2026 figure is the highest quarterly Interest Coverage Ratio since Q3 2022.
- On a year-over-year basis, Interest Coverage Ratio rose in three of the last four quarters, with growth averaging 29.3%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 142.7% in Q3 2025, against a decline of 51.7% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -1.39 (Q1 2026), -1.72 (Q4 2025) and 3.55 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.77 Bn | 96.49 Bn | 2.26 Bn | 23.06 |
| 2 | Johnson Controls International | 89.79 Bn | 87.52 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 49.37 Bn | 44.62 Bn | 844.23 Mn | 388.29 |
| 4 | Carrier Global | 46.49 Bn | 40.80 Bn | 1.94 Bn | - |
| 5 | Otis Worldwide | 27.54 Bn | 23.96 Bn | 1.14 Bn | - |
| 6 | James Hardie Industries | 15.37 Bn | 14.44 Bn | 548.70 Mn | 3.54 |
| 7 | Masco | 14.88 Bn | 12.74 Bn | 868.00 Mn | 16.79 |
| 8 | Carlisle Companies | 13.65 Bn | 9.99 Bn | 568.40 Mn | 12.86 |
| 9 | Allegion | 13.45 Bn | 12.16 Bn | 517.50 Mn | 10.27 |
| 10 | Latham | 741.86 Mn | 741.86 Mn | 70.08 Mn | 4.23 |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 4.23 |
| Mar 28, 2026 | -1.39 |
| Dec 31, 2025 | -1.72 |
| Sep 27, 2025 | 3.55 |
| Jun 28, 2025 | 3.46 |
| Mar 29, 2025 | -0.77 |
| Dec 31, 2024 | -2.78 |
| Sep 28, 2024 | 1.46 |
| Jun 29, 2024 | 3.33 |
| Mar 30, 2024 | -0.42 |
| Dec 31, 2023 | -0.94 |
| Sep 30, 2023 | 3.02 |
| Jul 1, 2023 | 2.98 |
| Apr 1, 2023 | -0.58 |
| Dec 31, 2022 | -3.11 |
| Oct 1, 2022 | 5.86 |
| Jul 2, 2022 | 5.89 |
| Apr 2, 2022 | 3.85 |
| Dec 31, 2021 | -3.03 |
| Oct 2, 2021 | -0.60 |
Latham Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=SWIM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "SWIM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=SWIM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();