Pool Corporation

Pool Corporation is the world's largest wholesale distributor of swimming pool supplies, equipment and related leisure products. It is also one of the leading US distributors of irrigation and landscaping products. A wholesale distributor purchases goods in bulk from manufacturers and supplies them to other businesses. Its customers include pool builders, pool service companies, retail stores, commercial pool operators and landscaping contractors.

As of December 31, 2025, Pool Corp ran 456 sales centers in North America, Europe and Australia through five networks: SCP Distributors, Superior Pool Products, Horizon Distributors, National Pool Trends and Sun Wholesale Supply. It sources from a large number of manufacturers and earns a markup by offering wide choice, nearby stock and better terms than customers could get on their own. In fiscal 2025, revenue was about $5.29 billion, and gross margin, the share of sales left after product costs, was 29.7%.

Most sales come from pools that already exist. In 2025, about 64% of sales came from routine maintenance and minor repairs, such as chemicals and replacement pumps, filters and heaters. Another 22% came from remodels and upgrades, and 14% from new pool construction. Maintenance demand tends to hold up in a weak economy; remodels and new pools are more easily delayed. The annual report does not split revenue by region.

• In Q3 FY2026 (ended Sep 30, 2026), revenue was $1.50B, up 3.7% from a year earlier, and net income was $123.0M (-3.1%).
• For fiscal 2025, revenue was $5.29B (-0.4% year over year; +6.1% a year from FY2020 to FY2025) with a 7.7% net margin.

• Over FY2021–FY2025: $1.57B in buybacks and $802.2M in dividends.
• At least 9 consecutive annual increases: every fiscal year in the SEC data (FY2016–FY2025) shows an increase; the true streak may be longer.
• Regular dividends per share grew +16.7% a year over 5 years (FY2020–FY2025).
• Dividends took 45.5% of earnings and 59.7% of free cash flow in the latest fiscal year.
• Shares outstanding changed -10.9% from Oct 25, 2021 to Oct 21, 2026.

Rank among 1514 US companies

Market value at each year end

Pool’s market value went from $4.31B at the end of 2016 to $6.99B on Oct 28, 2026, up 62%; since the end of 2025 it is down 18%.

Form 4 filings from 2025-11-03 to 2026-11-03 (25 read): 7 open-market purchases ($6.2M) and 1 sales ($103K).

Large shareholders (13G filings)

ETFs with the most weight in POOL

1. Slower pool construction limits future growth. Recurring maintenance sales depend on a growing number of pools. New in-ground pool construction has declined since late 2022, slipping from 62,000 units in 2024 to just below 60,000 in 2025.
2. Cool, wet weather can hurt demand. Cool or wet weather means pools get less use, which can reduce demand for chemicals, equipment and repairs. The company warns that changing climate patterns could make weather swings more severe.
3. Big pool projects hinge on spending, credit. Remodels (22% of sales) and new pools (14%) rise and fall with home values, consumer confidence and borrowing costs. Higher interest rates and tighter credit have already reduced new construction and major remodels.
4. Depends on good terms with suppliers. As a distributor, Pool Corp relies on manufacturers for the products it distributes. Losing a major supplier's products, or getting less favorable terms, could hurt sales and profit margins.
5. Big-box and online rivals could take share. Store- and internet-based mass merchants and large pool or irrigation supply retailers could win customers or pressure prices. New pools also compete with other big purchases, such as boats, recreational vehicles and kitchen remodels.
6. Debt costs could rise with rates. As of September 30, 2026, Pool Corp had about $1.15 billion of debt against $106 million of cash and investments. If interest rates rise or stay high, interest costs could squeeze profits.

• Nov 2, 2026 Other company announcement
• Oct 28, 2026 Investor presentation or announcement
• Oct 22, 2026 Quarterly results released; Investor presentation or announcement
• Oct 9, 2026 Executive or board change
• Sep 25, 2026 Executive or board change
• Aug 28, 2026 Major agreement signed; New debt or financial obligation
• Jul 29, 2026 Investor presentation or announcement
• Jul 23, 2026 Quarterly results released; Investor presentation or announcement
• May 4, 2026 Executive or board change; Investor presentation or announcement
• Apr 29, 2026 Shareholder vote results; Investor presentation or announcement

Pool Corp has raised its dividend for at least nine straight years, from $2.29 a share in fiscal 2020 to $4.95 in fiscal 2025. That payout used 45.5% of earnings and 59.7% of free cash flow (cash left after running and investing in the business). The yield was 2.61% as of October 28, 2026. It also spent $1.57 billion on buybacks, or repurchases of its own shares, in fiscal 2021–2025, and the share count fell about 10.9% in the five years to October 2026. In fiscal 2025, though, dividends plus buybacks exceeded free cash flow.

In past downturns, the shares fell 56.3% in the 2008 financial crisis, recovering by April 2010, and 27.9% in the 2020 COVID crash, recovering within about two months. They fell 42.9% in the 2022 bear market and, as of October 28, 2026, had not regained their January 2022 peak. A single stock carries more risk than a diversified fund.