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Latham Group (Latham Group) Pretax Margin % : -6.63% (As of Mar. 2024)


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What is Latham Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Latham Group's Pre-Tax Income for the three months ended in Mar. 2024 was $-7.3 Mil. Latham Group's Revenue for the three months ended in Mar. 2024 was $110.6 Mil. Therefore, Latham Group's pretax margin for the quarter that ended in Mar. 2024 was -6.63%.

The historical rank and industry rank for Latham Group's Pretax Margin % or its related term are showing as below:

SWIM' s Pretax Margin % Range Over the Past 10 Years
Min: -8.49   Med: 0.88   Max: 5.64
Current: -0.02


SWIM's Pretax Margin % is ranked worse than
75.39% of 1654 companies
in the Construction industry
Industry Median: 4.465 vs SWIM: -0.02

Latham Group Pretax Margin % Historical Data

The historical data trend for Latham Group's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Latham Group Pretax Margin % Chart

Latham Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
0.88 5.64 -8.49 1.97 -1.78

Latham Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.56 5.98 7.99 -17.83 -6.63

Competitive Comparison of Latham Group's Pretax Margin %

For the Building Products & Equipment subindustry, Latham Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Latham Group's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Latham Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Latham Group's Pretax Margin % falls into.



Latham Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Latham Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-10.06/566.492
=-1.78 %

Latham Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-7.332/110.629
=-6.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Latham Group  (NAS:SWIM) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Latham Group Pretax Margin % Related Terms

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Latham Group (Latham Group) Business Description

Traded in Other Exchanges
N/A
Address
787 Watervliet Shaker Road, Latham, NY, USA, 12110
Latham Group Inc is a designer, manufacturer, and marketer of in-ground residential swimming pools, liners, and covers in North America, Australia, and New Zealand. It derives a majority of its revenue from the United States.
Executives
Oliver C. Gloe officer: VICE PRESIDENT, FINANCE C/O LATHAM GROUP, 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Scott Michael Rajeski director, officer: Chief Executive Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Melissa Claire Feck officer: Chief Human Resources Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Patrick M Sheller officer: General Counsel & Secretary 343 STATE STREET, ROCHESTER NY 14650
J Mark Borseth officer: Chief Financial Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
James E Cline director C/O TREX COMPANY INC., 160 EXETER DRIVE, WINCHESTER VA 22603
Joshua D. Cowley officer: Chief Commercial Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Suraj Kunchala officer: Vice President & Controller 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Brian Patrick Pratt director 112 E. 17TH ST., NEW YORK NY 10003
Delu Jackson director 650 TENNIS CLUB DRIVE, APT. L107, FORT LAUDERDALE FL 33311
Sanjeev Bahl officer: COO Latham Pool Products, Inc. C/O LATHAM GROUP, INC., 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Mark Phillip Laven director 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Masson Robert L. Ii officer: Chief Financial Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Dane L. Derbyshire director 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Jeff Arnold Leake officer: Chief Operating Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110