Latham Group, Inc.

SWIMNASDAQIndustrials● Active

$5.38

+$0.10(+1.89%)

Market Cap$631674349

P/E Ratio—

52W High$8.966

52W Low$4.64

Avg Volume757K

Open$5.29

Beta1.66

Free Cash Flow Financials Revenue

Latham Group, Inc. (SWIM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SWIM · free cash flow · updated Jun 8, 2026

Core FCF metrics

SWIM · FCF · TTM · margin & CAGR

Free cash flow was $26.0M for FY2025 (fiscal year ending 2025-12-31), down 36.8% year-over-year The FCF margin was 4.8%. Five-year CAGR stands at -11.1%.

FY2025 Free Cash Flow$26.0M▼ -36.8% YoY

Trailing 12M (TTM)$18.2Mtrailing 4 quarters sum

FCF Margin4.8%$26.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR-11.1%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SWIM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$51.4M(25M)$26.0M▼ 36.8%4.8%

FY2024$61.3M(20M)$41.2M▼ 50.5%8.1%

FY2023$116.4M(33M)$83.2M▲ +1227.9%14.7%

FY2022$32.3M(40M)−$7.4M▼ 184.6%-1.1%

FY2021$33.7M(25M)$8.7M▼ 81.4%1.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SWIM · P/FCF · FCF yield · FCF per share

Latham Group, Inc. (SWIM) trades at a FCF yield of 2.87% and a price-to-free-cash-flow ratio of 33.6x. FCF per share stands at $0.16, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.87%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.16

TTM FCF ÷ Shares Outstanding

Price / FCF

x33.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x35.1

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

SWIM · cash flow statement · operating / investing / financing

For FY2025, Latham Group, Inc. generated $51.4M in operating cash flow and spent 25M in capital expenditures, yielding $26.0M in free cash flow.

Operating Activities

+$51.4M

Cash from core business operations

2025-12-31

Investing Activities

−$30.3M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$7.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($51.4M) − |CapEx| (25M) = FCF ($26.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

SWIM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Latham Group, Inc.YOU

SWIM

$26.0M-36.8%4.8%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Latham Group, Inc. (SWIM) reported free cash flow of $26.0M for FY2025 (fiscal year ending 2025-12-31), down 36.8% year-over-year. The FCF margin was 4.8%.

Based on available data, Latham Group, Inc. has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $83.2M in FY2023. The 5-year CAGR stands at -11.1%.

Latham Group, Inc.'s FCF yield is 2.87% and price-to-FCF ratio is 33.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SWIM free cash flow · 8 questions

Latham Group, Inc. free cash flow was $26.0M for FY2025, down 36.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $18.2M.

SWIM free cash flowSWIM FCFSWIM FCF 2025SWIM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Latham Group, Inc. · Latham Group, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026