Pool Corp Stock Research

Market Summary

USD327.45-0.61

Market Closed

-0.19%

POOL Alerts

Big fall in earnings (Y/Y)

POOL Stock Price

POOL RSI Chart

POOL Valuation

Market Cap

12.8B

Price/Earnings (Trailing)

17.09

Price/Sales (Trailing)

2.07

EV/EBITDA

14.03

Price/Free Cashflow

28.99

POOL Price/Sales (Trailing)

POOL Profitability

Operating Margin

31.29%

EBT Margin

15.94%

Return on Equity

60.59%

Return on Assets

20.99%

Free Cashflow Yield

3.45%

POOL Fundamentals

POOL Revenue

Revenue (TTM)

6.2B

Revenue Y/Y

5.83%

Revenue Q/Q

-32.16%

POOL Earnings

Earnings (TTM)

748.5M

Earnings Y/Y

-33.22%

Earnings Q/Q

-62.19%

Price Action

52 Week Range

277.20470.00

(Low)(High)

Last 7 days

-4.3%

Last 30 days

-7.9%

Last 90 days

7.2%

Trailing 12 Months

-23.3%

POOL Financial Health

Current Ratio

2.99

Debt/Equity

1.21

Debt/Cashflow

0.32

POOL Investor Care

Dividend Yield

1.16%

Dividend/Share (TTM)

3.8

Buy Backs (1Y)

2.80%

Diluted EPS (TTM)

18.64

Peers (Alternatives to Pool)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
HD	285.3B	157.4B	-4.50%	-7.08%	16.68	1.81	4.13%	4.09%
LOW	116.2B	96.0B	-5.46%	-9.15%	17.38	1.21	0.77%	-18.59%
GPC	22.7B	22.1B	-11.07%	24.54%	19.23	1.03	20.62%	31.59%
LKQ	14.8B	12.8B	-5.53%	20.44%	12.85	1.15	-2.25%	5.32%
POOL	12.8B	6.2B	-7.93%	-23.28%	17.09	2.07	16.70%	15.04%
MID-CAP
M	5.7B	24.8B	-16.87%	-34.22%	3.69	0.23	10.06%	66.71%
FL	3.7B	8.8B	-9.23%	33.19%	8.78	0.43	-0.59%	-53.34%
OLLI	3.7B	1.7B	-1.98%	34.27%	38.7	2.15	-3.66%	-46.77%
KSS	3.6B	18.6B	-25.77%	-64.38%	5.09	0.19	-2.61%	-43.69%
SMALL-CAP
FNKO	382.0M	1.3B	-27.37%	-51.96%	-47.54	0.29	28.51%	-118.30%
WEYS	232.3M	351.7M	-8.94%	3.94%	7.83	0.66	31.42%	93.61%
GRWG	196.6M	314.3M	-20.19%	-65.56%	-1.29	0.63	-20.20%	-930.89%
DIT	106.9M	2.2B	8.20%	1.27%	6.6	0.05	27.45%	4.78%
EDUC	25.4M	96.2M	-19.42%	-63.57%	-97.04	0.26	-39.62%	-102.57%
GNLN	2.2M	171.2M	-10.23%	-50.82%	-0.02	0.01	16.98%	-48.75%

Financials for Pool

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	1.0%	6,180	6,119	5,915	5,647	5,296
Cost Of Revenue	1.6%	4,246	4,179	4,037	3,884	3,678
Gross Profit	-0.3%	1,933	1,940	1,878	1,763	1,617
S&GA Expenses	1.2%	907	896	861	826	787
EBITDA	-3.3%	1,015	1,050	1,032	957	-
EBITDA Margin	-4.2%	0.16*	0.17*	0.17*	0.17*	-
Earnings Before Taxes	-3.4%	985	1,019	1,002	928	824
EBT Margin	-4.3%	0.16*	0.17*	0.17*	0.16*	-
Net Income	-4.6%	748	784	779	731	651
Net Income Margin	-5.5%	0.12*	0.13*	0.13*	0.13*	-
Free Cahsflow	100.1%	441	220	115	-9.71	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-3.3%	3,565	3,688	3,962	3,882	3,230
Current Assets	-8.2%	2,019	2,199	2,470	2,399	1,769
Cash Equivalents	-7.1%	46.00	49.00	91.00	35.00	24.00
Inventory	3.3%	1,591	1,540	1,579	1,641	1,339
Net PPE	5.1%	194	184	183	181	179
Goodwill	0.0%	692	692	693	688	688
Liabilities	-6.7%	2,330	2,497	2,733	2,708	2,159
Current Liabilities	-8.3%	676	737	891	958	744
. Short Term Borrowings	-6.5%	10.00	11.00	-	-	-
Long Term Debt	-4.8%	1,500	1,576	1,484	-	-
LT Debt, Current	27.4%	12.00	10.00	10.00	-	-
LT Debt, Non Current	-9.2%	1,362	1,500	1,576	1,484	1,172
Shareholder's Equity	3.7%	1,235	1,191	1,229	1,174	1,071
Retained Earnings	5.3%	653	621	663	612	527
Additional Paid-In Capital	0.9%	576	571	565	559	552
Shares Outstanding	0.0%	39.00	39.00	40.00	40.00	40.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	85.1%	485	262	155	28.00	313
Share Based Compensation	-1.6%	15.00	15.00	15.00	15.00	15.00
Cashflow From Investing	94.0%	-50.87	-842	-844	-849	-849
Cashflow From Financing	-175.5%	-411	545	722	830	526
Dividend Payments	4.9%	151	144	136	128	120
Buy Backs	0.0%	471	471	327	129	138

Risks for POOL

What is the probability of a big loss on POOL?

43.1%

Probability that Pool stock will be more than 20% underwater in next one year

18.5%

Probability that Pool stock will be more than 30% underwater in next one year.

15%

Probability that Pool stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does POOL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Pool was unfortunately bought at previous high price.

Drawdowns

Returns for POOL

Cumulative Returns on POOL

22.6%

10-Year Cumulative Returns

22.2%

7-Year Cumulative Returns

19.0%

5-Year Cumulative Returns

21.6%

3-Year Cumulative Returns

What are the long-term rolling returns for POOL?

FIve years rolling returns for Pool.

Annualized Returns

Which funds bought or sold POOL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-23	MetLife Investment Management, LLC	reduced	-3.28	-311,680	3,534,840	0.03%
2023-03-17	American Portfolios Advisors	reduced	-2.79	-70,633	521,915	0.02%
2023-03-15	B. Riley Wealth Advisors, Inc.	added	0.57	-15,560	266,440	0.01%
2023-03-10	BAILLIE GIFFORD & CO	unchanged	-	-837	21,163	-%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	5.26	417	12,276,400	0.01%
2023-03-08	Capital Asset Advisory Services LLC	reduced	-52.86	-334,993	322,007	0.03%
2023-03-06	Rockefeller Capital Management L.P.	added	1.59	-75,000	2,084,000	0.01%
2023-03-03	TIAA, FSB	added	1.14	-8,950	214,050	-%
2023-03-02	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	new	-	589,544	589,544	0.01%
2023-02-28	Voya Investment Management LLC	reduced	-48.29	-7,676,170	7,412,830	0.01%

Latest Funds Activity

Are funds buying POOL calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own POOL

No. of Funds

POOL Alerts

Big fall in earnings (Y/Y)

Pool News

Schedule 13G FIlings of Pool

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	11.39%	4,448,410	SC 13G/A
Jan 24, 2023	blackrock inc.	9.7%	3,768,738	SC 13G/A
Feb 11, 2022	kayne anderson rudnick investment management llc	3.35%	1,342,511	SC 13G/A
Feb 10, 2022	vanguard group inc	11.01%	4,411,856	SC 13G/A
Jan 27, 2022	blackrock inc.	11.1%	4,432,438	SC 13G/A
Jan 26, 2022	blackrock inc.	11.1%	4,432,438	SC 13G/A
Feb 11, 2021	kayne anderson rudnick investment management llc	5.44%	2,185,690	SC 13G
Feb 10, 2021	blackrock inc.	10.2%	4,080,913	SC 13G/A
Feb 10, 2021	vanguard group inc	10.21%	4,098,737	SC 13G/A
Jan 29, 2021	blackrock inc.	9.8%	3,917,702	SC 13G/A

POOL Fair Value

Pool fair value in different scenarios

The table shows the Fair Value estimates for Pool for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	326.20 -0.38%	401.98 22.76%	644.80 96.92%	1142.26 248.83%	1435.44 338.37%
Current Inflation	297.70 -9.09%	361.60 10.43%	567.20 73.22%	986.97 201.41%	1230.86 275.89%
Very High Inflation	262.75 -19.76%	313.07 -4.39%	476.32 45.46%	808.25 146.83%	997.38 204.59%

Historical Pool Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Pool

View All Filings

Date Filed	Form Type	Document
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 24, 2023	4	Insider Trading

Latest Insider Trading transactions for POOL

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-02-28	St Romain Kenneth G	sold (taxes)	-476,051	356	-1,334	senior vice president
2023-02-28	Arvan Peter D	sold (taxes)	-1,735,050	356	-4,862	president/ceo
2023-02-28	NEIL JENNIFER M	sold (taxes)	-215,900	356	-605	general counsel/secretary
2023-02-28	HOUSEY HART MELANIE	sold (taxes)	-79,579	356	-223	vice president/cfo
2023-02-28	PEREZ DE LA MESA MANUEL J	gifted	-	-	-190	-
2023-02-27	PEREZ DE LA MESA MANUEL J	sold (taxes)	-363,212	356	-1,020	-
2023-02-27	PEREZ DE LA MESA MANUEL J	acquired	133,729	45.61	2,932	-
2023-02-26	St Romain Kenneth G	sold (taxes)	-340,989	356	-957	senior vice president
2023-02-26	NEIL JENNIFER M	sold (taxes)	-172,098	356	-483	general counsel/secretary
2023-02-26	HOUSEY HART MELANIE	sold (taxes)	-124,708	356	-350	vice president/cfo

About Pool

Peter D. Arvan

www.poolcorp.com

5500

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; fiberglass pools, and hot tubs and packaged pool kits comprising walls, liners, braces, and coping for in-ground and above-ground pools; pool equipment and components for new pool construction and the remodeling of existing pools; and irrigation and related products consisting of irrigation system components, and professional lawn care equipment and supplies. It also provides building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling; and commercial products, including heaters, safety equipment, and commercial pumps and filters. In addition, the company offers other pool construction and recreational products comprising discretionary recreational and related outdoor living products, such as grills and components for outdoor kitchens. It serves swimming pool remodelers and builders; specialty retailers that sell swimming pool supplies; swimming pool repair and service businesses; irrigation construction and landscape maintenance contractors; and commercial customers that serve hotels, universities, and community recreational facilities. As of March 03, 2022, the company operated 410 sales centers in North America, Europe, and Australia. Pool Corporation was incorporated in 1993 and is headquartered in Covington, Louisiana.

POOL Income Statement

2022-12-31

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Net sales	$ 6,179,727	$ 5,295,584	$ 3,936,623
Cost of sales	4,246,315	3,678,492	2,805,721
Gross profit	1,933,412	1,617,092	1,130,902
Selling and administrative expenses	907,024	786,808	659,931
Goodwill, Impairment Loss	605	0
Note recovery		(2,500)
Impairment of goodwill and other assets		0	6,944
Operating income	1,025,783	832,784	464,027
Interest and other non-operating expenses, net	40,911	8,639	12,353
Income before income taxes and equity earnings	984,872	824,145	451,674
Provision for income taxes	236,763	173,812	85,231
Equity earnings in unconsolidated investments, net	353	291	295
Net income	$ 748,462	$ 650,624	$ 366,738
Earnings per share:
Basic (in dollars per share)	$ 18.89	$ 16.21	$ 9.14
Diluted (in dollars per share)	$ 18.70	$ 15.97	$ 8.97
Weighted average shares outstanding:
Basic (in shares)	39,409	39,876	40,106
Diluted (in shares)	39,806	40,480	40,865
Cash dividends declared per common share (in dollars per share)	$ 3.80	$ 2.98	$ 2.29

POOL Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 45,591	$ 24,321
Receivables, net	128,247	155,259
Receivables pledged under receivables facility	223,201	221,312
Inventory, net	1,591,060	1,339,100
Prepaid expenses and other current assets	30,892	29,093
Total current assets	2,018,991	1,769,085
Property and equipment, net	193,709	179,008
Goodwill	691,993	688,364
Other intangible assets, net	305,450	312,814
Equity interest investments	1,248	1,231
Operating lease assets	269,608	241,662
Other assets	84,438	37,967
Total assets	3,565,437	3,230,131
Current liabilities:
Accounts payable	406,667	398,697
Accrued expenses and other current liabilities	168,521	264,877
Short-term borrowings and current portion of long-term debt	25,042	11,772
Operating Lease, Liability, Current	75,484	69,070
Total current liabilities	675,714	744,416
Deferred income taxes	58,759	35,840
Long-term debt, net	1,361,761	1,171,578
Other long-term liabilities	35,471	31,545
Operating Lease, Liability, Noncurrent	198,538	175,359
Total liabilities	2,330,243	2,158,738
Stockholders' equity:
Common stock	$ 39	$ 40
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, authorized (in shares)	100,000,000	100,000,000
Common stock, outstanding (in shares)	39,069,419	40,192,901
Additional paid-in capital	$ 575,776	$ 551,963
Retained earnings (deficit)	653,484	526,874
Accumulated other comprehensive loss	5,895	(7,484)
Total stockholders' equity	1,235,194	1,071,393
Total liabilities and stockholders' equity	$ 3,565,437	$ 3,230,131