•
Mar 31, 2022

Pool Corp. Q1 2022 Earnings Report

Reported record results and increased 2022 earnings guidance.

Key Takeaways

Pool Corporation reported record first-quarter results with net sales reaching $1.4 billion, a 33% increase from Q1 2021. Operating income surged by 83% to $235.7 million, and diluted EPS rose by 82% to $4.41. The company has increased its annual earnings guidance to $18.34 - $19.09 per diluted share.

Net sales increased 33% to $1.4 billion compared to Q1 2021.

Operating income increased 83% to $235.7 million from Q1 2021.

Diluted EPS increased 82% to $4.41 compared to Q1 2021.

Annual earnings guidance increased to $18.34 - $19.09 per diluted share.

Total Revenue
$1.41B
Previous year: $1.06B
+33.2%
EPS
$4.41
Previous year: $2.42
+82.2%
Total Sales Centers
414
Previous year: 400
+3.5%
Gross Profit
$447M
Previous year: $301M
+48.5%
Cash and Equivalents
$35.4M
Previous year: $27.1M
+30.6%
Free Cash Flow
-$217M
Previous year: $68.3M
-418.2%
Total Assets
$3.88B
Previous year: $2.14B
+81.3%

Pool Corp.

Pool Corp.

Pool Corp. Revenue by Segment

Forward Guidance

The company is raising its annual earnings guidance range to $18.34 to $19.09 per diluted share, including the impact of year-to-date tax benefits of $0.18.

Positive Outlook

  • Confidence in industry dynamics.
  • Sustained momentum of business.
  • Long-term growth of business.
  • Focus on operating priorities.
  • Delivering a best-in-class customer experience.

Revenue & Expenses

Visualization of income flow from segment revenue to net income