Pool Corporation Reports Flat Sales, Eyes Modest Growth in 2026
Event summary
- Pool Corporation reported $5.3 billion in net sales for 2025, consistent with 2024, driven by steady maintenance sales and growth in building materials in the second half of the year.
- Gross margin improved by 20 basis points to 29.7%, excluding the impact of a 2024 tariff reversal.
- 2025 diluted EPS was $10.85, or $10.73 without ASU 2016-09 tax benefits, reflecting a 4% decrease from 2024.
- 2026 diluted EPS guidance is $10.85 - $11.15, reflecting expectations for modest sales growth and improved earnings.
- Inventory increased by 13% to $1.5 billion, driven by purchasing ahead of price increases and inflationary impacts.
The big picture
Pool Corporation's 2025 results highlight the stability of its maintenance business and the adaptability of its team in navigating an evolving market environment. The company's strategic focus on enhancing value-added services and expanding its product offerings positions it to deliver returns for shareholders while laying a solid foundation for future performance. The broader industry trends of consumer discretionary spending and inflationary pressures will continue to influence the company's performance in 2026.
What we're watching
- Sales Growth
- Whether Pool Corporation can sustain modest sales growth in 2026 amid ongoing consumer pressures.
- Cost Management
- The impact of increased selling and administrative expenses on operating income and net income.
- Digital Transformation
- The effectiveness of investments in digital platforms like POOL360 Unlocked in driving customer engagement and operational efficiency.
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