Pool Corporation added to the S&P 500 stock index
Pool Corporation, the world’s largest wholesale distributor of swimming pool and related backyard products, celebrated both the 25th anniversary of its initial public offering as well as its addition to the S& P 500 stock index this October.
According to Peter D. Arvan, president and CEO, Pool Corporation’s success over its 25-year history as a public company has been extraordinary by just about every measure.
““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.
Since its listing, Pool Corporation’s market value has grown to nearly $14 billion, providing a return to initial shareholders of 485 times, which is a compound annual growth rate of 28% in total shareholder return (TSR). POOL’s TSR over the period ranks it 2nd among approximately 1,700 U.S. listed companies that have been publicly traded for over 25 years, surpassing the performance of many well-known companies. For perspective, an investment of $10,000 at POOL’s IPO would be worth over $4.8 million today, including dividend reinvestment.
Over this 25-year period, Pool Corporation has grown from annual sales of $161 million from 44 sales centers located in 22 states to sales of $3.2 billion from over 375 sales centers employing over 4,500 people located in 39 states, one United States territory and 11 foreign countries. POOL is a Fortune 1000 company, a member of the Russell 1000
® 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 Corpor a t ion ope r a t e s approximately 375 sales centers in North America, Europe and Australia, through which it distributes more than 200,000 national brand and private label products to roughly 120,000 wholesale customers. For more information about POOLCORP, please visit www.poolcorp.com.