OverviewSuggest Edit

Latham Pool Products is a company that manufactures in-ground residential swimming pools and components. It offers fiberglass pools, vinyl liner pools, liner patterns and colors, automatic, solid and mesh safety covers, spillover spas. The company utilizes various materials for its pools including ceramic, resin, gel coats, and fiberglass.

TypePublic
Founded1956
HQLatham, NY, US
Websitelathampool.com
Employee Ratings3
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2020)2,175
Job Openings75
Revenue (FY, 2020)$403.4 M(+27%)
Share Price (Oct 2021)$15.4(+4%)
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Key People/Management at Latham Pool Products

Mark Borseth

Mark Borseth

Chief Financial Officer
Lance Dumont

Lance Dumont

Chief of Staff
Jason Duva

Jason Duva

General Counsel and Chief Administrative Officer
Melissa Feck

Melissa Feck

Chief Human Resources Officer
Josh Cowley

Josh Cowley

Chief Commercial Officer
Joel Culp

Joel Culp

Chief Marketing Officer
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Latham Pool Products Office Locations

Latham Pool Products has offices in Latham, Bossier City, Breaux Bridge, Decatur and in 14 other locations
Latham, NY, US (HQ)
787 Watervliet Shaker Rd
Bossier City, LA, US
5000 Hazel Jones Rd
Breaux Bridge, LA, US
1407 Anse Broussard Hwy
Decatur, GA, US
5393 Truman Dr
Fayetteville, TN, US
1405 Winchester Hwy
Fort Wayne, IN, US
6930 Gettysburg Pike
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Latham Pool Products Financials and Metrics

Latham Pool Products Revenue

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Latham Pool Products's revenue was reported to be $403.39 m in FY, 2020 which is a 26.9% increase from the previous period.
USD

Revenue (Q1, 2021)

148.7m

Gross profit (Q1, 2021)

52.4m

Gross profit margin (Q1, 2021), %

35.3%

Net income (Q1, 2021)

8.5m

EBIT (Q1, 2021)

19.7m

Market capitalization (22-Oct-2021)

1.9b

Closing stock price (22-Oct-2021)

15.4

Cash (3-Apr-2021)

19.9m

EV

2.2b
Latham Pool Products's current market capitalization is $1.9 b.
Annual
USDFY, 2019FY, 2020

Revenue

318.0m403.4m

Revenue growth, %

27%

Cost of goods sold

219.8m260.6m

Gross profit

98.2m142.8m
Quarterly
USDQ1, 2021

Revenue

148.7m

Cost of goods sold

96.3m

Gross profit

52.4m

Gross profit Margin, %

35%
Annual
USDFY, 2019FY, 2020

Cash

56.7m59.3m

Accounts Receivable

31.4m32.8m

Prepaid Expenses

4.0m6.1m

Inventories

35.6m64.8m
Quarterly
USDQ1, 2021

Cash

19.9m

Accounts Receivable

93.0m

Prepaid Expenses

5.7m

Inventories

74.1m
Annual
USDFY, 2019FY, 2020

Net Income

7.5m16.0m

Depreciation and Amortization

21.7m25.4m

Inventories

13.0m(17.0m)

Accounts Payable

(2.3m)12.6m
Quarterly
USDQ1, 2021

Net Income

8.5m

Depreciation and Amortization

7.9m

Inventories

(9.2m)

Accounts Payable

8.6m
USDFY, 2019

Debt/Equity

1.2 x

Debt/Assets

4.2 x

Financial Leverage

0.3 x
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Latham Pool Products Operating Metrics

Y, 2020

Dealers

6 k

Facility Space Leased, sq. ft.

1.39 m

Facility Space Owned, sq. ft.

200.96 k

Fiberglass Pools Sold

8.7 k
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Latham Pool Products Acquisitions / Subsidiaries

Company NameDateDeal Size
Pool Cover Specialist NationalOctober 31, 2014
Plastimayd LLCDecember 12, 2013
Coverstar LLCJuly 05, 2006
Viking PoolsSeptember 09, 2005
Kafko Manufacturing LtdOctober 26, 2003
GL International, LLC
Latham Intermediate Holdings, LLC
Latham International Holdings, Inc.
Latham International Manufacturing Corp.
Latham Pool Products, Inc.
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Latham Pool Products Revenue Breakdown

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Latham Pool Products revenue breakdown by geographic segment: 5.0% from Australia, 12.5% from Canada, 80.7% from United States and 1.7% from Other

Latham Pool Products Online and Social Media Presence

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Latham Pool Products Company Culture

  • Overall Culture

    C-

    65/100

  • CEO Rating

    B

    70/100

  • Compensation

    D-

    50/100

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Latham Pool Products News and Updates

Albany Times Union Names Latham Pool Products a Winner of the Capital District Top Workplaces 2021 Award

LATHAM, N.Y., May 26, 2021 (GLOBE NEWSWIRE) -- Latham, The Pool Company has been awarded a Top Workplaces 2021 honor by the Albany Times Union Top Workplaces. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner …

Latham Pool Products Blogs

The Many Different Functions of an Automatic Pool Cover

Undertrack autocover In your backyard are many fun tools and toys that perform different duties. However, on your swimming pool is a jack-of-all-trades, an important safety tool that performs many different functions. This amazing apparatus is the automatic pool cover. Let’s take a look…

How to Get Rid of Algae in Your Pool | Latham Pool

Simulation of algae in an improperly maintained pool Algae is a familiar issue faced by swimming pool owners. This common organism is not only unsightly; it can pose a serious health risk. Dangerous bacteria, such as E.coli, flourish in pools contaminated by algae, and its slippery cons…

10 Ways to Make Your Pool More Energy Efficient

Vinyl Liner Pool | undertrack autocover in tan As we turn the corner towards the end of the year, many pool owners are looking to extend their days swimming. However, those cool days and nights late in the pool season inevitably have owners looking for ways to minimize their heating bil…

There is a Pool for Every Yard, Really!

Fiberglass | Helios in Crystite Classic Ocean Blue If you’ve ever dreamed of owning a swimming pool but hesitated because your yard sloped, shed your apprehension. Constructing a custom pool on a steep incline is not the least bit uncommon. With the help of a pool builder, the pool of …

Not All Swimming Pool Covers Are Created Equal

When it comes to safety in and around your pool, not all covers are created equal. While it may be tempting to save a few dollars with a cheaper option, the safety of your family, friends and pets should be foremost on your mind. Any pool cover worth considering needs to be ASTM certifie…

So Long, Summer! Winter Pool Cover Maintenance Tips and Pool Closing Steps

One of the most important tasks you have as a pool owner is winterizing your pool in the fall. Doing so properly will prevent damage during the winter and make it easier to open your pool when spring arrives. There are two primary elements to caring for your pool after the snow starts fl…
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Latham Pool Products Frequently Asked Questions

  • When was Latham Pool Products founded?

    Latham Pool Products was founded in 1956.

  • Who are Latham Pool Products key executives?

    Latham Pool Products's key executives are Mark Borseth, Lance Dumont and Jason Duva.

  • How many employees does Latham Pool Products have?

    Latham Pool Products has 2,175 employees.

  • What is Latham Pool Products revenue?

    Latest Latham Pool Products annual revenue is $403.4 m.

  • What is Latham Pool Products revenue per employee?

    Latest Latham Pool Products revenue per employee is $185.5 k.

  • Who are Latham Pool Products competitors?

    Competitors of Latham Pool Products include Pool Corporation, Culligan and Pentair.

  • Where is Latham Pool Products headquarters?

    Latham Pool Products headquarters is located at 787 Watervliet Shaker Rd, Latham.

  • Where are Latham Pool Products offices?

    Latham Pool Products has offices in Latham, Bossier City, Breaux Bridge, Decatur and in 14 other locations.

  • How many offices does Latham Pool Products have?

    Latham Pool Products has 18 offices.