Pool Corporation
POOL Industrials Industrial Distribution
Pool Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.3 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 2.15%, EPS was flat, free cash flow fell 27.1% and total debt rose 9.01%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.
Follow POOL
Pool Corporation (POOL) Beneish M-score
Pool Corporation's Beneish M-score for fiscal 2025 is −2.41; values above −1.78 are the model's flag for possible earnings manipulation — a statistical screen, not a finding.
Beneish M-score, annual
Embed this chart
Annual newest first
| Period | Beneish M-score | Change (points) |
|---|---|---|
| FY2025 | −2.41 | 0.47 |
| FY2024 | −2.87 | 0.05 |
| FY2023 | −2.92 | (0.72) |
| FY2022 | −2.20 | (0.62) |
| FY2021 | −1.58 | 0.64 |
| FY2020 | −2.22 | 0.01 |
| FY2019 | −2.23 | (0.18) |
| FY2018 | −2.05 | 0.25 |
| FY2017 | −2.29 | 0.25 |
| FY2016 | −2.54 | (0.08) |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Days’ sales in receivables index | 1.11 | — | 1.02 | |
| Gross margin index | 1.00 | — | 0.53 | |
| Asset quality index | 0.93 | — | 0.38 | |
| Sales growth index | 1.00 | — | 0.89 | |
| Depreciation index | 0.95 | — | 0.11 | |
| SG&A index | 1.04 | — | −0.18 | |
| Total accruals to total assets | 0.01 | — | 0.05 | |
| Leverage index | 1.10 | — | −0.36 | |
| Beneish M-score | Low — no pattern the model associates with manipulation | −2.41 | ||
How the Beneish M-score works
M = −4.84 + 0.920 × DSRI + 0.528 × GMI + 0.404 × AQI + 0.892 × SGI + 0.115 × DEPI − 0.172 × SGAI + 4.679 × TATA − 0.327 × LVGI (Beneish, 1999): eight changes in the accounts from one fiscal year to the next, which the model weighs for the pattern seen in companies that later restated their earnings. Higher is worse.
| below −2.22 | Low — no pattern the model associates with manipulation |
|---|---|
| −2.22 to −1.78 | Elevated |
| above −1.78 | Flagged by the model |
−1.78 is the cut-off usually quoted from the paper, −2.22 a common conservative one. A statistical screen, not a finding of wrongdoing.
When asset quality, depreciation or SG&A cannot be worked out, that index is set to 1, as Beneish did, and the breakdown says so; with all three missing there is no score. Depreciation includes amortisation, and asset quality leaves out securities. Not worked out for banks, insurers and REITs.
Beneish M-score against peers
| Company | Beneish M-score |
|---|---|
| MSM MSC Industrial Direct Company, Inc. compare | −2.7× |
| SITE SiteOne Landscape Supply, Inc. compare | −2.7× |
| XMTR Xometry, Inc. compare | −2.7× |
| CNM Core & Main, Inc. compare | −2.6× |
| WSO Watsco, Inc. compare | −2.5× |
| POOL Pool Corporation | −2.4× |
| DXPE DXP Enterprises, Inc. compare | −2.4× |
| DNOW DNOW Inc. compare | −1.6× |
| QXO QXO, Inc. compare | 248× |
What Beneish M-score is
The Beneish M-Score combines eight year-on-year changes in the accounts into a statistical screen for patterns seen in companies that overstated earnings.
−4.84 + 0.920 × DSRI + 0.528 × GMI + 0.404 × AQI + 0.892 × SGI + 0.115 × DEPI − 0.172 × SGAI + 4.679 × TATA − 0.327 × LVGI