Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $1,740 | $3,230 | $3,565 | $3,428 | $3,368 |
Liabilities | $1,100 | $2,159 | $2,330 | $2,115 | $2,095 |
Equity | $639 | $1,071 | $1,235 | $1,313 | $1,273 |
Edwyn
Over the past five years, Pool Corporation has shown consistent growth in its financial position. Total assets have increased steadily from $1.74 billion in 2020 to $3.37 billion in 2024, indicating the company's expansion and investment in its operations. At the same time, total liabilities have also grown, reflecting the company's borrowing and financing activities to support its growth. Stockholders' equity has shown a positive trend, rising from $639.47 million in 2020 to $1.27 billion in 2024, indicating that the company has been able to generate profits and retain earnings effectively. One noteworthy fluctuation is the significant increase in assets from 2020 to 2021, more than doubling within a year. This could be attributed to acquisitions, investments in new markets, or strategic business expansion initiatives undertaken by Pool Corporation during that period. The steady growth in equity outpacing liabilities is a positive sign of financial health, indicating that the company has been able to generate returns for its shareholders. In the context of the industry, this strong financial position could provide Pool Corporation with a competitive edge and financial stability to pursue further growth opportunities.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.