Pool Corp. (POOL) intrinsic value & 10-year financials
Pool Corp. (POOL) has a Graham intrinsic value of $229.34 per share. At $172.57 on Oct 17, 2026, the stock trades 25% below that value. Over the last 10 fiscal years revenue grew 8.3% a year to $5.3B, with an average return on invested capital of 27.9%.
- Graham intrinsic value
- $229.34
- Share price (Oct 17, 2026)
- $172.57
- Price vs Graham value
- 25% below
- Market cap
- $6.4B
- Revenue (FY2025)
- $5.3B
- Revenue growth (10-yr CAGR)
- 8.3%
- ROIC (10-yr avg)
- 27.9%
- Free cash flow (FY2025)
- $309.5M
POOL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $5.3B | $406.4M | $10.85 | $309.5M | 11.0% | 18.1% |
| FY2024 | $5.3B | $434.3M | $11.30 | $599.7M | 11.6% | 19.3% |
| FY2023 | $5.5B | $523.2M | $13.35 | $828.1M | 13.5% | 21.4% |
| FY2022 | $6.2B | $748.5M | $18.70 | $441.2M | 16.6% | 30.1% |
| FY2021 | $5.3B | $650.6M | $15.97 | $275.8M | 15.7% | 37.0% |
| FY2020 | $3.9B | $366.7M | $8.97 | $375.9M | 11.8% | 34.8% |
| FY2019 | $3.2B | $261.6M | $6.40 | $265.4M | 10.7% | 30.1% |
| FY2018 | $3.0B | $234.5M | $5.62 | $87.1M | 10.5% | 32.0% |
| FY2017 | $2.8B | $191.6M | $4.51 | $135.9M | 10.2% | 30.5% |
| FY2016 | $2.6B | $149.0M | $3.47 | $131.0M | 10.0% | 25.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Pool Corporation is a consistent compounder, expanding top-line revenue at 8.3% annually over the past decade.
Pool Corporation has earned high returns on invested capital, averaging 27.9% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Over the decade, Pool Corporation shows that management has aggressively returned capital to shareholders by retiring 13.3% of outstanding shares, and that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Pool Corporation is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $229.34 per share.