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Added to YB: 2025-04-29

Pitch date: 2025-04-27

POOL [neutral]

Pool Corporation

-16.6%

current return

Author Info

Andvari Associates manages a concentrated investment strategy designed with the goal of outperforming the market. Sign up for the newsletter.

Company Info

Pool Corporation distributes swimming pool supplies, equipment, related leisure, irrigation, and landscape maintenance products in the United States and internationally.

Market Cap

$9.0B

Pitch Price

$288.09

Price Target

N/A

Dividend

2.08%

EV/EBITDA

13.04

P/E

21.99

EV/Sales

1.93

Sector

Distributors

Category

turnaround

Show full summary:
Still Submerged - Pool Corp's 1Q 2025 Results

POOL (earnings update): After 9 straight quarters of YoY revenue declines (-4.4% Q1'25), Pool Corp still suffering COVID hangover from 50%+ growth pull-forward. Headwinds: Texas -11%, interest rates, tariffs affecting new builds. Strength: 84% non-discretionary revenue, able to pass costs, growing 5.4M pool installed base. 1.47x leverage, 5.8% share reduction since 2022, 6-9% growth target achievable long-term.

Read full article (7 min)