Pool Corporation (POOL) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Consumer Discretionary
Wholesale-Misc Durable GoodsSEC EDGAR

Pool Corporation (POOL) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. 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 FY2025 10-K Analysis

Business Overview

  • World's largest wholesale distributor of pool supplies/equipment; ~125,000 customers, 456 sales centers across North America, Europe, Australia
  • NPT network rebranded from "National Pool Tile" to "National Pool Trends" (Nov 2025); designated 4 commercial warehouses nationally to target commercial pool market growth
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Management Discussion & Analysis

  • Revenue $5.29B in 2025 vs $5.31B in 2024, down ~$21.6M (~0%); maintenance products stable, discretionary volumes declined
  • Operating margin 11.0% vs 11.6%; operating income $580.2M vs $617.2M, down 6%; opex rose to 18.8% of sales vs 18.0%
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Risk Factors

  • Top 3 suppliers (Pentair 20%, Zodiac 12%, Hayward 11%) represent 43% of product costs — direct-to-retail bypass risk
  • Tariff exposure on imported products with variable duty rates set by U.S. Department of Commerce, creating cost and compliance uncertainty
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Pool Corporation FY2025 Key Financial Metrics
XBRL

Revenue

$5.3B

-0.4% YoY

Net Income

$406M

-6.4% YoY

Gross Margin

29.7%

+7bp YoY

Operating Margin

11.0%

-65bp YoY

Net Margin

7.7%

-49bp YoY

ROE

34.3%

+18bp YoY

Total Assets

$3.6B

+7.7% YoY

EPS (Diluted)

$10.85

-4.0% YoY

Operating Cash Flow

$366M

-44.5% YoY

Source: XBRL data from Pool Corporation FY2025 10-K filing on SEC EDGAR. All figures in USD.

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