Pool Corporation (POOL) FY2024 10-K Annual Report

Filed: Feb 27, 2025
Consumer Discretionary
Wholesale-Misc Durable GoodsSEC EDGAR

Pool Corporation (POOL) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 27, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Pool Corporation FY2024 10-K Analysis

Business Overview

  • Core business: Distributor of swimming pool and irrigation products to a fragmented customer base across U.S. and Canada
  • New emphasis on managing increased risks from extreme weather and climate change impacting supply chains and sales, especially in key markets FL, CA, TX
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Management Discussion & Analysis

  • Revenue $5.31B in 2024 vs $5.54B in 2023, down approximately $230M YoY driven by mixed weather impacts
  • Operating income $617.2M in 2024 vs $746.6M in 2023, operating margin 11.6% vs 13.5%
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Risk Factors

  • Income tax risk from audits by federal, state, and foreign tax authorities across 41 US states and 11 countries with potential adjustments to tax liabilities
  • Macroeconomic exposure to housing market trends monitored via House Price Index affecting allowance for doubtful accounts and credit losses
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Pool Corporation FY2024 Key Financial Metrics
XBRL

Revenue

$5.3B

-4.2% YoY

Net Income

$434M

-17.0% YoY

Gross Margin

29.7%

-29bp YoY

Operating Margin

11.6%

-185bp YoY

Net Margin

8.2%

-126bp YoY

ROE

34.1%

-575bp YoY

Total Assets

$3.4B

-1.7% YoY

EPS (Diluted)

$11.30

-15.4% YoY

Operating Cash Flow

$659M

-25.8% YoY

Source: XBRL data from Pool Corporation FY2024 10-K filing on SEC EDGAR. All figures in USD.

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