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Pool

Nasdaq:POOL
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
POOL
Nasdaq
$8B
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in North America, Europe, South America, and Australia. The last earnings update was 13 days ago. More info.


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POOL Share Price and Events
7 Day Returns
2.1%
NasdaqGS:POOL
-0.8%
US Retail Distributors
0.8%
US Market
1 Year Returns
36.3%
NasdaqGS:POOL
16.2%
US Retail Distributors
11%
US Market
POOL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pool (POOL) 2.1% 0.2% 5.3% 36.3% 104.5% 244.2%
US Retail Distributors -0.8% 4.1% 12% 16.2% 21.1% 29%
US Market 0.8% 4.3% 6.1% 11% 40.2% 45%
1 Year Return vs Industry and Market
  • POOL outperformed the Retail Distributors industry which returned 16.2% over the past year.
  • POOL outperformed the Market in United States of America which returned 11% over the past year.
Price Volatility
POOL
Industry
5yr Volatility vs Market

POOL Value

 Is Pool undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Pool to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Pool.

NasdaqGS:POOL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:POOL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Retail Distributors Unlevered Beta Simply Wall St/ S&P Global 0.84
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.839 (1 + (1- 21%) (8.91%))
0.931
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.931 * 5.96%)
8.28%

Discounted Cash Flow Calculation for NasdaqGS:POOL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Pool is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:POOL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.28%)
2020 236.91 Analyst x3 218.79
2021 279.25 Analyst x3 238.17
2022 307.00 Analyst x1 241.81
2023 328.24 Est @ 6.92% 238.77
2024 346.83 Est @ 5.66% 232.99
2025 363.41 Est @ 4.78% 225.46
2026 378.55 Est @ 4.17% 216.89
2027 392.70 Est @ 3.74% 207.79
2028 406.18 Est @ 3.43% 198.49
2029 419.27 Est @ 3.22% 189.21
Present value of next 10 years cash flows $2,208.00
NasdaqGS:POOL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $419.27 × (1 + 2.73%) ÷ (8.28% – 2.73%)
$7,758.49
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $7,758.49 ÷ (1 + 8.28%)10
$3,501.32
NasdaqGS:POOL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,208.00 + $3,501.32
$5,709.32
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5,709.32 / 40.04
$142.6
NasdaqGS:POOL Discount to Share Price
Calculation Result
Value per share (USD) From above. $142.60
Current discount Discount to share price of $203.75
= -1 x ($203.75 - $142.60) / $142.60
-42.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Pool is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Pool's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pool's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:POOL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $6.54
NasdaqGS:POOL Share Price ** NasdaqGS (2019-11-11) in USD $203.75
United States of America Retail Distributors Industry PE Ratio Median Figure of 11 Publicly-Listed Retail Distributors Companies 17.51x
United States of America Market PE Ratio Median Figure of 2,909 Publicly-Listed Companies 18.22x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Pool.

NasdaqGS:POOL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:POOL Share Price ÷ EPS (both in USD)

= 203.75 ÷ 6.54

31.15x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pool is overvalued based on earnings compared to the US Retail Distributors industry average.
  • Pool is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Pool's expected growth come at a high price?
Raw Data
NasdaqGS:POOL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 31.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
8.3%per year
United States of America Retail Distributors Industry PEG Ratio Median Figure of 5 Publicly-Listed Retail Distributors Companies 1.88x
United States of America Market PEG Ratio Median Figure of 2,014 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

NasdaqGS:POOL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 31.15x ÷ 8.3%

3.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pool is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Pool's assets?
Raw Data
NasdaqGS:POOL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $10.14
NasdaqGS:POOL Share Price * NasdaqGS (2019-11-11) in USD $203.75
United States of America Retail Distributors Industry PB Ratio Median Figure of 14 Publicly-Listed Retail Distributors Companies 2.22x
United States of America Market PB Ratio Median Figure of 5,043 Publicly-Listed Companies 1.74x
NasdaqGS:POOL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:POOL Share Price ÷ Book Value per Share (both in USD)

= 203.75 ÷ 10.14

20.09x

* Primary Listing of Pool.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pool is overvalued based on assets compared to the US Retail Distributors industry average.
X
Value checks
We assess Pool's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Retail Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Retail Distributors industry average (and greater than 0)? (1 check)
  5. Pool has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

POOL Future Performance

 How is Pool expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pool expected to grow at an attractive rate?
  • Pool's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Pool's earnings growth is positive but not above the United States of America market average.
  • Pool's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:POOL Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:POOL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 8.3%
NasdaqGS:POOL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 6.7%
United States of America Retail Distributors Industry Earnings Growth Rate Market Cap Weighted Average 11.1%
United States of America Retail Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:POOL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:POOL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 4,081 1
2022-12-31 3,952 352 327 2
2021-12-31 3,707 319 306 4
2020-12-31 3,434 304 269 8
2019-12-31 3,196 348 255 7
2019-11-12
NasdaqGS:POOL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 3,160 311 260
2019-06-30 3,073 253 250
2019-03-31 3,010 192 236
2018-12-31 2,998 119 234
2018-09-30 2,965 115 243
2018-06-30 2,897 180 223
2018-03-31 2,828 164 201
2017-12-31 2,788 175 192
2017-09-30 2,723 134 169
2017-06-30 2,671 138 164
2017-03-31 2,602 173 155
2016-12-31 2,571 165 149

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Pool's earnings are expected to grow by 8.3% yearly, however this is not considered high growth (20% yearly).
  • Pool's revenue is expected to grow by 6.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:POOL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Pool Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:POOL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 8.50 8.50 8.50 1.00
2021-12-31 7.84 8.67 7.45 4.00
2020-12-31 6.72 7.07 6.46 8.00
2019-12-31 6.34 6.40 6.31 8.00
2019-11-12
NasdaqGS:POOL Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 6.54
2019-06-30 6.26
2019-03-31 5.88
2018-12-31 5.82
2018-09-30 6.03
2018-06-30 5.51
2018-03-31 4.94
2017-12-31 4.69
2017-09-30 4.10
2017-06-30 3.97
2017-03-31 3.72
2016-12-31 3.56

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Pool is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Pool's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Pool has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

POOL Past Performance

  How has Pool performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Pool's growth in the last year to its industry (Retail Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Pool's year on year earnings growth rate has been positive over the past 5 years.
  • Pool's 1-year earnings growth is less than its 5-year average (7% vs 18.7%)
  • Pool's earnings growth has exceeded the US Retail Distributors industry average in the past year (7% vs -7.7%).
Earnings and Revenue History
Pool's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Pool Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:POOL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 3,160.37 260.36 581.90
2019-06-30 3,073.18 250.10 571.18
2019-03-31 3,009.65 235.76 560.00
2018-12-31 2,998.10 234.46 556.28
2018-09-30 2,965.20 243.31 549.95
2018-06-30 2,897.29 222.84 541.96
2018-03-31 2,827.65 200.69 530.83
2017-12-31 2,788.19 191.63 520.92
2017-09-30 2,723.24 168.58 510.20
2017-06-30 2,671.27 164.33 500.91
2017-03-31 2,601.99 154.87 493.75
2016-12-31 2,570.80 148.96 485.23
2016-09-30 2,540.64 148.83 479.51
2016-06-30 2,494.99 143.74 472.90
2016-03-31 2,427.96 136.23 463.71
2015-12-31 2,363.14 128.28 459.42
2015-09-30 2,324.51 123.59 453.86
2015-06-30 2,294.26 118.98 452.87
2015-03-31 2,290.65 114.92 458.22
2014-12-31 2,246.56 110.69 454.47
2014-09-30 2,210.91 107.91 450.33
2014-06-30 2,173.53 105.41 441.72
2014-03-31 2,115.68 98.08 433.42
2013-12-31 2,079.70 97.33 425.79
2013-09-30 2,045.73 94.31 422.42
2013-06-30 1,995.60 83.35 416.78
2013-03-31 1,962.38 81.76 414.88
2012-12-31 1,953.97 81.97 415.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Pool made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • Pool used its assets more efficiently than the US Retail Distributors industry average last year based on Return on Assets.
  • Pool's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Pool's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Retail Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Pool has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

POOL Health

 How is Pool's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Pool's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pool is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Pool's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Pool's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Pool Company Filings, last reported 1 month ago.

NasdaqGS:POOL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 405.97 549.09 37.32
2019-06-30 343.17 693.22 61.41
2019-03-31 224.88 698.98 30.37
2018-12-31 223.59 666.76 18.74
2018-09-30 372.74 580.70 39.24
2018-06-30 313.80 657.12 45.26
2018-03-31 249.79 568.11 11.25
2017-12-31 223.15 520.35 31.53
2017-09-30 210.54 566.36 37.60
2017-06-30 303.26 555.69 27.88
2017-03-31 225.08 492.54 14.93
2016-12-31 207.50 438.04 23.48
2016-09-30 274.45 396.36 30.32
2016-06-30 268.60 507.78 30.55
2016-03-31 209.00 456.68 9.97
2015-12-31 258.41 328.05 13.24
2015-09-30 263.68 399.64 29.50
2015-06-30 261.51 498.68 38.94
2015-03-31 244.40 398.29 5.05
2014-12-31 247.47 320.84 14.83
2014-09-30 255.80 394.98 14.65
2014-06-30 271.32 433.06 27.58
2014-03-31 261.68 325.75 7.26
2013-12-31 286.18 246.42 8.01
2013-09-30 335.83 262.34 24.22
2013-06-30 346.61 301.86 26.94
2013-03-31 284.98 281.60 12.87
2012-12-31 281.62 230.88 12.46
  • Pool's level of debt (135.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (154.1% vs 135.3% today).
  • Debt is well covered by operating cash flow (56.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 14x coverage).
X
Financial health checks
We assess Pool's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Pool has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

POOL Dividends

 What is Pool's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.08%
Current annual income from Pool dividends. Estimated to be 1.21% next year.
If you bought $2,000 of Pool shares you are expected to receive $22 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Pool's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
  • Pool's dividend is below the markets top 25% of dividend payers in United States of America (3.66%).
Upcoming dividend payment

Purchase Pool before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:POOL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
United States of America Retail Distributors Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1942 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:POOL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 3.58 1.00
2021-12-31 3.00 2.00
2020-12-31 2.40 5.00
2019-12-31 2.10 5.00
2019-11-12
NasdaqGS:POOL Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-10-31 2.200 1.082
2019-08-02 2.200 1.110
2019-05-02 2.200 1.182
2019-02-28 1.800 1.085
2018-11-02 1.800 1.186
2018-07-27 1.800 1.141
2018-05-03 1.800 1.192
2018-04-30 1.480 1.063
2018-04-19 1.480 1.061
2018-03-01 1.480 1.021
2017-10-31 1.480 1.146
2017-07-28 1.480 1.367
2017-05-03 1.480 1.248
2017-03-03 1.240 1.043
2016-10-28 1.240 1.187
2016-07-29 1.240 1.281
2016-05-06 1.240 1.337
2016-02-26 1.040 1.205
2015-10-30 1.040 1.298
2015-08-03 1.040 1.432
2015-05-07 1.040 1.503
2015-03-02 0.880 1.287
2014-10-31 0.880 1.398
2014-07-31 0.880 1.578
2014-05-08 0.880 1.541
2014-02-28 0.760 1.280
2013-11-01 0.760 1.361
2013-08-02 0.760 1.397
2013-05-02 0.760 1.447
2013-03-01 0.640 1.341
2012-11-05 0.640 1.482
2012-08-02 0.640 1.596
2012-05-04 0.640 1.706
2012-03-01 0.560 1.518
2011-11-03 0.560 1.777
2011-08-03 0.560 2.108
2011-05-05 0.560 1.957
2011-03-03 0.520 2.036
2010-11-04 0.520 2.248
2010-08-05 0.520 2.585
2010-05-06 0.520 2.261
2010-03-01 0.520 2.245
2009-11-05 0.520 2.706
2009-08-06 0.520 2.313
2009-05-06 0.520 2.879
2009-02-26 0.520 3.673

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Pool's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
X
Income/ dividend checks
We assess Pool's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Pool afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pool has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

POOL Management

 What is the CEO of Pool's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Pete Arvan
COMPENSATION $2,555,988
AGE 53
TENURE AS CEO 0.8 years
CEO Bio

Mr. Peter D. Arvan, also known as Pete, has been a Director of Pool Corporation since July 31, 2019. Mr. Arvan has been the Chief Executive Officer and President at Pool Corporation since December 31, 2018. He served as a Chief Operating Officer of Pool Corporation since July 28, 2017 until January 1, 2019 and also served as its Executive Vice President since January 3, 2017 until December 31, 2018. Mr. Arvan served as the Chief Executive Officer of Roofing Supply Group, LLC since December 02, 2013. He served as President and General Manager of SABIC Polymershapes LLC. He joined RSG from SABIC Polymershapes (formerly GE Plastics) where he has served as President since 2004. Under Pete's leadership, SABIC Polymershapes significantly grew organic revenues and dramatically expanded margins and cash flow during his tenure. He began his career in GE's Distribution Management Program, beginning with customer service and branch management roles and over the past 25 years he has held positions of increasing responsibility. He has spent his entire career in world class distribution businesses with GE and SABIC (SABIC acquired GE plastics in 2007). More recently Pete was the Six Sigma Quality Leader and the Global Supply Chain Leader for GE Supply. Mr. Arvan received his bachelor’s degree from the State University of New York Institute of Technology. He is a certified Six Sigma Master Black Belt and a graduate of GE management programs.

CEO Compensation
  • Pete's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Pete's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Pool management team in years:

12.3
Average Tenure
56
Average Age
  • The average tenure for the Pool management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Pete Arvan

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
53
TENURE
0.8 yrs

Mark Joslin

TITLE
Senior VP & CFO
COMPENSATION
$2M
AGE
60
TENURE
15.3 yrs

A. Cook

TITLE
Group Vice President
COMPENSATION
$2M
AGE
64
TENURE
22.8 yrs

Kenneth St. Romain

TITLE
Group Vice President
COMPENSATION
$2M
AGE
56
TENURE
12.3 yrs

Melanie M. Hart

TITLE
VP, Corporate Controller & Chief Accounting Officer
AGE
46
TENURE
11.5 yrs

Timothy Babco

TITLE
Chief Information Officer & GM of Operations
TENURE
4.5 yrs

Curt Scheel

TITLE
Director of Investor Relations
AGE
60

Jennifer Neil

TITLE
VP, Corporate Secretary & Chief Legal Officer
COMPENSATION
$1M
AGE
45
TENURE
16.5 yrs

Donna Williams

TITLE
VP & Chief Marketing Officer
TENURE
4.5 yrs

Richard Postoll

TITLE
VP and GM of South Florida Division & Northeast Division
TENURE
13.8 yrs
Board of Directors Tenure

Average tenure and age of the Pool board of directors in years:

3.3
Average Tenure
65
Average Age
  • The tenure for the Pool board of directors is about average.
Board of Directors

John Stokely

TITLE
Chairman & Lead Independent Director
COMPENSATION
$242K
AGE
66
TENURE
2.5 yrs

Pete Arvan

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
53
TENURE
0.3 yrs

Manny Perez de la Mesa

TITLE
Vice Chairman
COMPENSATION
$3M
AGE
62
TENURE
0.8 yrs

Rusty Sexton

TITLE
Chairman Emeritus
COMPENSATION
$36K
AGE
83
TENURE
2.5 yrs

Harlan Seymour

TITLE
Independent Director
COMPENSATION
$213K
AGE
69
TENURE
16.8 yrs

Timothy Graven

TITLE
Independent Director
COMPENSATION
$203K
AGE
67
TENURE
4.1 yrs

Andy Code

TITLE
Independent Director
COMPENSATION
$185K
AGE
60
TENURE
26.8 yrs

Bob Sledd

TITLE
Independent Director
COMPENSATION
$196K
AGE
66
TENURE
23.8 yrs

Dave Whalen

TITLE
Independent Director
COMPENSATION
$193K
AGE
61
TENURE
4.1 yrs

Deb Oler

TITLE
Independent Director
COMPENSATION
$9K
AGE
64
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • Pool individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
23. Oct 19 Sell Mark Joslin Individual 21. Oct 19 21. Oct 19 -5,000 $214.84 $-1,074,200
23. Aug 19 Sell Mark Joslin Individual 21. Aug 19 21. Aug 19 -7 $200.00 $-1,400
15. Aug 19 Sell Mark Joslin Individual 09. Aug 19 09. Aug 19 -1,429 $200.00 $-285,800
06. Aug 19 Buy Peter Arvan Individual 02. Aug 19 05. Aug 19 500 $187.93 $93,598
22. May 19 Sell John Stokely Individual 20. May 19 20. May 19 -10,000 $185.61 $-1,840,692
30. Apr 19 Sell Harlan Seymour Individual 29. Apr 19 29. Apr 19 -8,000 $181.09 $-1,448,692
25. Apr 19 Sell Jennifer Neil Individual 23. Apr 19 23. Apr 19 -2,397 $180.00 $-431,460
22. Mar 19 Sell A. Cook Individual 21. Mar 19 21. Mar 19 -3,747 $160.08 $-599,807
21. Mar 19 Sell A. Cook Individual 19. Mar 19 19. Mar 19 -10,550 $160.07 $-1,681,493
X
Management checks
We assess Pool's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Pool has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

POOL News

Simply Wall St News

Does Pool (NASDAQ:POOL) Deserve A Spot On Your Watchlist?

Check out our latest analysis for Pool Pool's Earnings Per Share Are Growing. … Although Pool certainly looks good to me, I would like it more if insiders were buying up shares. … If you like to see insider buying, too, then this free list of growing companies that insiders are buying, could be exactly what you're looking for.

Simply Wall St -

Should You Think About Buying Pool Corporation (NASDAQ:POOL) Now?

Pool Corporation (NASDAQ:POOL), which is in the retail distributors business, and is based in United States, saw a double-digit share price rise of over 10% in the past couple of months on the NASDAQGS. … See our latest analysis for Pool What's the opportunity in Pool? … If you believe POOL should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable.

Simply Wall St -

Pool Corporation (NASDAQ:POOL) Passed Our Checks, And It's About To Pay A 0.3% Dividend

Pool's upcoming dividend is US$0.55 a share, following on from the last 12 months, when the company distributed a total of US$2.20 per share to shareholders. … NasdaqGS:POOL Historical Dividend Yield, August 9th 2019 Have Earnings And Dividends Been Growing? … Companies with growing earnings and low payout ratios are often the best long-term dividend stocks, as the company can both grow its earnings and increase the percentage of earnings that it pays out, essentially multiplying the dividend.

Simply Wall St -

Peter Arvan Is The CEO, President & Director of Pool Corporation (NASDAQ:POOL) And They Just Spent US$94k On Shares

View our latest analysis for Pool The Last 12 Months Of Insider Transactions At Pool The Chairman & Lead Independent Director, John Stokely, made the biggest insider sale in the last 12 months. … The stark truth for Pool is that there has been more insider selling than insider buying in the last three months. … It is good to see high insider ownership, but the insider selling leaves us cautious.

Simply Wall St -

Did Business Growth Power Pool's (NASDAQ:POOL) Share Price Gain of 236%?

One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … During five years of share price growth, Pool achieved compound earnings per share (EPS) growth of 22% per year. … Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off.

Simply Wall St -

Is Pool Corporation (NASDAQ:POOL) A High Quality Stock To Own?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Pool: 73% = US$250m ÷ US$343m (Based on the trailing twelve months to June 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … In the latter case, the debt used for growth will improve returns, but won't affect the total equity. … A company that can achieve a high return on equity without debt could be considered a high quality business.

Simply Wall St -

A Spotlight On Pool Corporation's (NASDAQ:POOL) Fundamentals

In the case of Pool Corporation (NASDAQ:POOL), it is a notable dividend payer that has been able to sustain great financial health over the past. … For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Pool here. … Take a look at our free research report of analyst consensus for POOL’s outlook.

Simply Wall St -

What Should Investors Know About Pool Corporation's (NASDAQ:POOL) Future?

Based on Pool Corporation's (NASDAQ:POOL) earnings update in March 2019, the consensus outlook from analysts appear somewhat bearish, as a 9.9% rise in profits is expected in the upcoming year, relative to the higher past 5-year average growth rate of 19%. … I've plotted out each year's earnings expectations and inserted a line of best fit to calculate an annual growth rate from the slope in order to understand the overall trajectory of POOL's earnings growth over these next few years. … NasdaqGS:POOL Past and Future Earnings, June 29th 2019 From the current net income level of US$234m and the final forecast of US$314m by 2022, the annual rate of growth for POOL’s earnings is 9.2%.

Simply Wall St -

Pool (NASDAQ:POOL) Seems To Use Debt Quite Sensibly

Either way, since Pool does have more debt than cash, it's worth keeping an eye on its balance sheet. … So the logical step is to look at the proportion of that EBIT that is matched by actual free cash flow. … In the last three years, Pool's free cash flow amounted to 50% of its EBIT, less than we'd expect.

Simply Wall St -

Are Insiders Selling Pool Corporation (NASDAQ:POOL) Stock?

As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' See our latest analysis for Pool The Last 12 Months Of Insider Transactions At Pool The Chairman & Lead Independent Director, John Stokely, made the biggest insider sale in the last 12 months. … Insiders at Pool Have Sold Stock Recently The last three months saw significant insider selling at Pool. … Pool insiders own about US$246m worth of shares (which is 3.3% of the company).

Simply Wall St -

POOL Company Info

Description

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in North America, Europe, South America, and Australia. 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; 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 landscape 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 use in pool installations and remodeling; and commercial products, such as ASME heaters, safety equipment, and commercial pumps and filters. In addition, the company offers discretionary recreational and related outdoor lifestyle products that enhance consumers’ use and enjoyment of outdoor living spaces, such as spas, 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; golf courses; and commercial customers that serve hotels, universities, and community recreational facilities. As of December 31, 2018, the company operated 364 sales centers. Pool Corporation was founded in 1993 and is headquartered in Covington, Louisiana.

Details
Name: Pool Corporation
POOL
Exchange: NasdaqGS
Founded: 1993
$8,157,688,710
40,037,736
Website: http://www.poolcorp.com
Address: Pool Corporation
109 Northpark Boulevard,
Covington,
Louisiana, 70433,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS POOL Common Stock Nasdaq Global Select US USD 13. Oct 1995
DB SP1 Common Stock Deutsche Boerse AG DE EUR 13. Oct 1995
Number of employees
Current staff
Staff numbers
4,000
Pool employees.
Industry
Distributors
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/12 00:01
End of day share price update: 2019/11/11 00:00
Last estimates confirmation: 2019/10/21
Last earnings filing: 2019/10/30
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.