Manufacturers
POOLCORP Joins S&P 500
The pool news exciting the industry this week, POOLCORP went IPO 25 years ago this month, now they officially join the S&P 500 list.
This October, POOLCORP, the world’s largest wholesale distributor of swimming pools and related backyard products, marked the 25th anniversary of its initial public offering as well as its inclusion in the S&P 500 stock index.
POOLCORP’s growth over its 25-year existence as a public entity, according to Peter D. Arvan, president and CEO, has been remarkable in almost every way.
““We are privileged to be part of a vibrant, growing industry contributing to the family-friendly and safe enjoyment of outdoor living environments all around the world. Our success has been realized through the collective efforts and contributions of our dedicated employees as they serve the needs of our customers and vendors. The addition of our company to the S& P 500 Index is an external validation of our long-term approach of intense focus on the continuous improvement in our business,” Arvin said.
POOLCORP’s market cap has increased to approximately $14 billion since its initial public offering, delivering a 485-fold return to initial shareholders, or a compound annual growth rate of 28% in total shareholder return (TSR). POOL’s TSR ranks second among approximately 1,700 U.S. listed companies that have been publicly traded for more than 25 years, outperforming many well-known companies. To put it in perspective, a $10,000 investment in POOL at the time of its IPO will now be worth over $4.8 million after dividend reinvestment.
POOLCORP has grown from $161 million in annual sales from 44 sales centers in 22 states to $3.2 billion in annual sales from over 375 sales centers employing over 4,500 people in 39 states, one US territory, and 11 foreign countries over the last 25 years. POOL is a Fortune 1000 corporation and a Russell 1000 company.
® Index and is now a S& P 500
® Index stock. Since becoming a publicly traded company, Pool Corporation has returned over $2.1 billion to shareholders through dividends and share repurchases.
Pool Corp has 375 sales centers throughout North America, Europe, and Australia, where it distributes over 200,000 national brand and private label products to nearly 120,000 wholesale customers. For more information about POOLCORP, please visit www.poolcorp.com.
