Caesarstone vs Latham Group
Latham Group is the larger business, with $546m of revenue in fiscal 2025 against $397m for Caesarstone (1.4 times as much). Latham Group grew faster (7.4% against -10.4%). Latham Group kept more of each dollar of sales as profit: a net margin of 2.0% against -34.6%.
| Latest fiscal year | CaesarstoneCSTE, 2025 | Latham GroupSWIM, 2025 |
|---|---|---|
| Revenue | $397m | $546m |
| Revenue growth | -10.4% | 7.4% |
| Net income | −$137m | $11.1m |
| Operating margin | -31.6% | 5.6% |
| Net margin | -34.6% | 2.0% |
| Return on equity | -66.9% | 2.8% |
| Free cash flow | −$47.1m | $38.0m |
| Cash | $58.4m | $71.0m |
| Total debt | — | $285m |
| Debt to equity | — | 70.2% |
| Dividend per share | — | — |
| Dividend yield | 0.0% | — |
| Share buybacks | — | — |
| Employees | — | 1,804 |
| Market value | $59.8m | $857m |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | — | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 2 sales | 2 buys, 0 sales |