Slide 1: First Quarter 2025 Earnings Presentation
FIRST QUARTER 2025 EARNINGS PRESENTATION APRIL 24, 2025
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation includes “forward-looking” statements that involve risks and uncertainties that are generally identifiable through the use of words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “project,” “should,” “will,” “may,” “outlook,” and othe
Slide 3: Q1 2025 Results at a glance
Q1 2025 Results at a glance (QTD, $ in millions) Net Sales Gross Profit $1,071.5 $312.4 1 • -4% vs Q1 2024 -8% vs Q1 2024 • -2% impact from one less selling day than Gross Margin Q1 2024 29.2% 1 -100 bps vs Q1 2024 Operating Income Diluted EPS (GAAP) $77.5 $1.42 1 1 -29% vs Q1 2024 -30% vs Q1 2024 O
Slide 4: 2025 POOLCORP Sales Summary
2025 POOLCORP SALES SUMMARY QTD Sales Performance Pool Corp Q1 20251 Net Sales -4%2 1All year-over-year comparisons reflect one less selling day in Q1 2025 versus Q1 2024 2Down 2% on same-selling day basis, in line with improved year-over-year sequential trends noted in the back half of 2024 Horizon
Slide 5: 2025 POOLCORP Sales Summary: Products & End Markets
2025 POOLCORP SALES SUMMARY Blue Products & End Markets – QTD Results Product Q1 20253 End Market Q1 20253 Chemicals Flat Commercial +7% Building Materials -5% Retail -1% Equipment -4% Pinch A Penny2 Flat POOL360 & Network Expansion Pool360 Sales % of Total Sales Total Sales Centers Pinch A Penny To
Slide 6: Estimated Quarterly Impacts
ESTIMATED QUARTERLY IMPACTS Q1 2024 Q1 2025 Q1 2024 Q1 2025 Sales Sales Gross Margin Gross Margin -4% -100 bps 1% Net Price Supply Pricing 0% $1.2B Chain Init. -1% Maintenance PY +2% Product Cust. Market $1.1B -2% +1% Mix Mix Pricing Import -1% -1% -2% -3% Tax Benefit $1.1B Horizon/ -3% Commodity Pr
Slide 7: Quarterly Financial Trends
QUARTERLY FINANCIAL TRENDS Net Sales & Y/Y Change % Gross Profit & Gross Margin ($ in millions) ($ in millions) $2,400 $720 $2,000 -10% $600 30.6% -5% 30.0% $1,600 -9% -3% $480 29.1% 1 29.1% -15% 30.6% 30.2% $1,200 -7% -4% $360 -8% -2% 29.3% 29.4% 29.2% $800 $240 $400 $120 $0 $0 Q1 Q2 Q3 Q4 Q1 Q2 Q3
Slide 8: Balance Sheet, Cash Flow & Capital Allocation
BALANCE SHEET, CASH FLOW & CAPITAL ALLOCATION As of and through March 31, 2025 2025 Capital Allocation ($ in millions) Cash Flow from Capital Operating Inventory Expenditures Activities $36M decrease $27M $13.3 Share Repurchases vs. Q1 2024 Includes $68.5M in federal -2% vs Q1 2024 income tax paymen
Slide 9: 2025 Guidance
2025 GUIDANCE 2025 Earnings Driver Expected Range Net sales Flat to slightly up Inflation/pricing Approximately +2% including +1% from tariffs beginning in Q2 Maintenance from installed base Slight growth New construction units Flattish Renovation and remodel activity Flattish Gross margin In line w
Slide 10: Appendix
Appendix First Quarter 2025 Earnings | 10
Slide 11: Reconciliation of Non-GAAP Financial Measures: Adjusted Diluted EPS
APPENDIX Reconciliation of non-GAAP financial measures Three Months Ended Reconciliation of Reported Diluted EPS to Adjusted Diluted EPS March 31, 2025 2024 Diluted EPS $ 1.42 $2.04 Less: ASU 2016-09 tax benefit 0.10 0.19 Adjusted Diluted EPS $ 1.32 $ 1.85 2025 Earnings Guidance Range Floor Ceiling
Slide 12: Reconciliation of Net Income to Adjusted EBITDA
APPENDIX Reconciliations of non-GAAP financial measures Three Months Ended March 31, Reconciliation of Net Income to Adjusted EBITDA 2025 2024 Net income ($ in thousands) $ 53,545 $ 78,885 Adjustments to increase (decrease) net income: Interest expense and other non-operating expenses(1) 11,208 13,2