Pool Corp
POOL
ISIN US73278L1052 / Valor 2566797
Pool Corp
UMushroom community rating:
About company
Pool Corporation stands as the world's largest wholesale distributor of swimming pool supplies, equipment, and related leisure products, boasting a global presence with approximately 440 locations and over 6,000 employees. The company caters to a diverse clientele, serving around 125,000 wholesale customers across various regions, including North America, Europe, and Australia. Pool Corp's extensive inventory encompasses a wide array of products, from construction materials and replacement parts to pool care products and hot tubs. Through its subsidiaries, such as Horizon Distributors LLC and Superior Pool Products, Pool Corp also offers a broad selection of professional-grade irrigation, landscape products, golf management solutions, specialty lighting, and lawn equipment. Additionally, SCP and NPT, other branches of the company, provide swimming pool supplies and equipment, along with a focus on pool tile, decorative finishes, hardscapes, and outdoor lighting, aiming to cover all aspects of pool construction and maintenance. Pool Corp prides itself on offering an unparalleled selection of over 200,000 products, including both manufacturer and Pool Corporation-branded items, positioning itself as a key resource for the pool and outdoor living industry.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (18.12.2024):
Annual Net Sales
In the fourth quarter of 2023, Pool Corporation reported annual net sales of $5.5 billion, marking it as the second highest in the company's history. Despite a challenging start to the year due to unfavorable weather and a slowdown in new pool construction, the company managed to adapt and achieve significant sales figures.
Operating Income and Margin
Pool Corp's operating income for 2023 was $746.6 million, with an operating margin of 13.5%. This represents a 27% decrease in operating income compared to 2022, where the operating margin was 16.6%. The company noted a 310 basis point decline in operating margin year-over-year.
Net Cash and Shareholder Returns
The company generated a record net cash flow from operations of $888.2 million in 2023. Pool Corp returned $473.8 million to shareholders through dividends and share repurchases, highlighting its commitment to delivering value to its investors.
Earnings Per Share
For 2023, Pool Corp reported diluted earnings per share (EPS) of $13.35, which is more than double the EPS of $6.40 reported in 2019. However, this represents a 29% decrease from the record EPS of $18.70 in 2022. The company provided a 2024 EPS guidance range of $13.10 to $14.10.
2024 Outlook
Looking ahead to 2024, Pool Corp remains optimistic about its growth prospects. The company expects to benefit from the consistent addition of new pools to the installed base, estimated at 75,000 pools built in 2023. This growth, along with technological advancements and product upgrades, positions Pool Corp well for continued success in the outdoor living industry.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
13382 M
Market cap (USD)
206,172
Daily traded volume (Shares)
350.26 / 345.29
1 day high/low (USD)
52 weeks high/low (USD)
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EPS (USD)
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Ratings & reviews
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