Pool Corp. Q4 2024 Earnings Report

Pool Corp. reported a decline in revenue and net income for Q4 2024, with continued macroeconomic pressures impacting discretionary spending.

Key Takeaways

Pool Corporation's Q4 2024 revenue decreased by 2% year-over-year to $987.48 million, with net income dropping by 27% to $37.3 million. Operating income declined 24%, while gross profit fell by 1%. Adjusted EPS stood at $0.97, a 25% decrease from the prior-year period.

Q4 2024 revenue declined by 2% to $987.48 million.

Net income dropped 27% to $37.3 million.

Operating income decreased 24% to $60.7 million.

Adjusted EPS fell 25% to $0.97.

Total Revenue

$987M

Previous year: $1B

-1.6%

EPS

$0.97

Previous year: $1.32

-26.5%

Total Sales Centers

448

Previous year: 439

+2.1%

Gross Profit

$290M

Previous year: $294M

-1.2%

Cash and Equivalents

$77.9M

Previous year: $66.5M

+17.0%

Total Assets

$3.37B

Previous year: $3.43B

-1.7%

Pool Corp. Revenue

Pool Corp. EPS

Forward Guidance

Pool Corporation anticipates stable demand driven by maintenance products and expects 2025 EPS to be in the range of $11.08 to $11.58.

Positive Outlook

Stable home values and resilient consumer demand.
Strong maintenance product sales despite macroeconomic conditions.
Expansion of sales center network to improve market reach.
Technology rollouts to enhance digital sales ecosystem.
Strong vendor partnerships providing industry-leading solutions.

Challenges Ahead

Discretionary spending remains weak.
Macroeconomic pressures affecting new pool construction.
Operating expenses increased due to inflation and expansion costs.
Gross margin slightly declined year-over-year.
Interest expenses remain a challenge despite debt reduction efforts.