Fluidra (FDR): analysis in plain words
Is Fluidra cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
Fluidra (FDR) is listed on the Madrid Stock Exchange and we classify it in industrials. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against Fluidra according to those figures, and the questions people ask most about the stock. No buy or sell tips.
Fluidra (FDR) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | €19.86 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 22.6x | Price over earnings per share |
| Revenue growth | +15.0% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 7.2% | Profit for every 100 of sales |
| Net debt / EBITDA | 2.9x | Years of operating profit to repay debt |
| Dividend yield | 3.37% | Annual dividend over price |
| Market cap | €3.7 billion | What the stock market values it at |
The Fluidra figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any FDR figure that is not available shows as N/A: we do not estimate it.
How Fluidra makes money
Fluidra makes pool and wellness equipment, including pumps, filters, robotic cleaners, heaters, lighting and water-treatment products, under brands like Zodiac, Jandy, Polaris, AstralPool and CTX. It sells to distributors, pool builders and installers, mostly for maintaining existing pools, and North America and Europe are its biggest markets.
Over the last 12 months, Fluidra brought in revenue of €2.3 billion. For every 100 it sells, Fluidra keeps 55.7 after the direct cost of what it sells (gross margin) and 11.1 after all operating costs (operating margin). With 6,579 full-time employees, that is about €351,000 of revenue per employee.
Fluidra against its sector
To know whether a Fluidra figure is high or low you have to put it next to similar companies. This table compares Fluidra with the median of the 20 industrials companies Fintols covers, with data as of November 4, 2026.
| Figure | Fluidra | industrials median |
|---|---|---|
| P/E | 22.6x | 27.3x (20) |
| Revenue growth | +15.0% | +9.8% (20) |
| Net margin | 7.2% | 13.0% (20) |
| Dividend yield | 3.37% | 1.60% (20) |
| Net debt / EBITDA | 2.9x | 2.1x (20) |
In short, against the typical industrials company, Fluidra trades on a lower P/E, grows faster and earns a thinner margin. By size, Fluidra ranks number 5 of 5 industrials companies quoted in EUR on Fintols.
The bull case for Fluidra
What works in favour of Fluidra, according to its figures as of November 4, 2026:
- Analysts expect Fluidra earnings to rise: its P/E on the next 12 months of estimated earnings is 13.0x, below the current 22.6x.
- Fluidra grew sales +15.0% in its latest quarter against the same quarter a year earlier, while the median industrials company Fintols tracks grew +9.8%.
- Fluidra generates real cash: €221 million of free cash flow over 12 months, 5.9% of its stock market value.
The main risk for Fluidra
The Fluidra figures as of November 4, 2026 show no clear red flag (no heavy debt, no losses, no falling sales). Its main risk is the one built into its business: the economic cycle: when industry and trade slow, its orders fall.
Frequently asked questions about Fluidra
Is it a good time to buy Fluidra stock?
Fintols does not tell you whether to buy or sell Fluidra, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, Fluidra stock trades at €19.86, 24% below its 52-week high (€26.22) and 17% above its low (€16.91). Its P/E is 22.6x against a industrials median of 27.3x, and 13.0x on the earnings analysts expect over the next 12 months. With Fluidra, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does Fluidra pay a dividend?
Yes. As of November 4, 2026, Fluidra pays €0.66 per share a year, which at today's price is a yield of 3.37%. It uses 71% of its profit to pay it. Its average dividend yield over the last five years is 2.76%. The industrials median on Fintols is 1.60%.
Is Fluidra stock expensive?
It depends on what you compare it with. On P/E, Fluidra trades at 22.6x its last 12 months of earnings: cheaper than the industrials median (27.3x). Including its debt, Fluidra is valued at 12.5x its EBITDA (EV/EBITDA). A high P/E alone does not make Fluidra expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are Fluidra's competitors?
On Fintols we compare Fluidra with DHL Group, Schneider Electric and Siemens Energy, which are also in industrials. As of November 4, 2026, DHL Group is worth €66.9 billion and trades on a P/E of 18.5; Schneider Electric is worth €136.1 billion and trades on a P/E of 27.8; Siemens Energy is worth €101.6 billion and trades on a P/E of 38.5. Each has a side-by-side comparison with Fluidra below.
Fluidra competitors
- DHL Group (DHL.DE) analysis · Fluidra vs DHL Group comparison
- Schneider Electric (SU.PA) analysis · Fluidra vs Schneider Electric comparison
- Siemens Energy (ENR.DE) analysis · Fluidra vs Siemens Energy comparison
To understand Fluidra better
- DCF and WACC Explained: A Practical Valuation Guide
- Dividend Growth Investing: FCF Payout Ratio and Compounding
More companies like Fluidra: industrials stocks and IBEX 35 companies. Open the full FDR analysis with its valuation and scenarios. Educational content about Fluidra, not investment advice.