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Side-by-side financial comparison of ATLANTIC AMERICAN CORP (AAME) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Latham Group, Inc. is the larger business by last-quarter revenue ($100.0M vs $53.8M, roughly 1.9× ATLANTIC AMERICAN CORP). ATLANTIC AMERICAN CORP runs the higher net margin — 1.1% vs -7.0%, a 8.1% gap on every dollar of revenue. On growth, ATLANTIC AMERICAN CORP posted the faster year-over-year revenue change (20.8% vs 14.5%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $6.6M). Over the past eight quarters, ATLANTIC AMERICAN CORP's revenue compounded faster (7.2% CAGR vs -4.9%).
The Atlantic Telegraph Company was a company formed on 6 November 1856 to undertake and exploit a commercial telegraph cable across the Atlantic Ocean, the first such telecommunications link.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
AAME vs SWIM — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $53.8M | $100.0M |
| Net Profit | $577.0K | $-7.0M |
| Gross Margin | — | 28.0% |
| Operating Margin | 1.4% | -10.7% |
| Net Margin | 1.1% | -7.0% |
| Revenue YoY | 20.8% | 14.5% |
| Net Profit YoY | 128.9% | 76.0% |
| EPS (diluted) | $0.02 | $-0.06 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $100.0M | ||
| Q3 25 | $53.8M | $161.9M | ||
| Q2 25 | $55.3M | $172.6M | ||
| Q1 25 | $50.1M | $111.4M | ||
| Q4 24 | $49.0M | $87.3M | ||
| Q3 24 | $44.5M | $150.5M | ||
| Q2 24 | $47.7M | $160.1M | ||
| Q1 24 | $47.0M | $110.6M |
| Q4 25 | — | $-7.0M | ||
| Q3 25 | $577.0K | $8.1M | ||
| Q2 25 | $3.3M | $16.0M | ||
| Q1 25 | $802.0K | $-6.0M | ||
| Q4 24 | $412.0K | $-29.2M | ||
| Q3 24 | $-2.0M | $5.9M | ||
| Q2 24 | $-684.0K | $13.3M | ||
| Q1 24 | $-2.0M | $-7.9M |
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% | ||
| Q1 24 | — | 27.7% |
| Q4 25 | — | -10.7% | ||
| Q3 25 | 1.4% | 13.3% | ||
| Q2 25 | 7.6% | 14.3% | ||
| Q1 25 | 2.1% | -4.4% | ||
| Q4 24 | 1.1% | -14.9% | ||
| Q3 24 | -5.5% | 8.9% | ||
| Q2 24 | -1.8% | 12.5% | ||
| Q1 24 | -5.3% | -1.9% |
| Q4 25 | — | -7.0% | ||
| Q3 25 | 1.1% | 5.0% | ||
| Q2 25 | 6.0% | 9.3% | ||
| Q1 25 | 1.6% | -5.4% | ||
| Q4 24 | 0.8% | -33.4% | ||
| Q3 24 | -4.5% | 3.9% | ||
| Q2 24 | -1.4% | 8.3% | ||
| Q1 24 | -4.3% | -7.1% |
| Q4 25 | — | $-0.06 | ||
| Q3 25 | $0.02 | $0.07 | ||
| Q2 25 | $0.15 | $0.13 | ||
| Q1 25 | $0.03 | $-0.05 | ||
| Q4 24 | $0.01 | $-0.24 | ||
| Q3 24 | $-0.10 | $0.05 | ||
| Q2 24 | $-0.04 | $0.11 | ||
| Q1 24 | $-0.10 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.4M | — |
| Total DebtLower is stronger | — | $279.8M |
| Stockholders' EquityBook value | $109.5M | $405.9M |
| Total Assets | $430.9M | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $34.4M | — | ||
| Q2 25 | $46.4M | — | ||
| Q1 25 | $35.9M | — | ||
| Q4 24 | $35.6M | — | ||
| Q3 24 | $23.0M | — | ||
| Q2 24 | $21.2M | — | ||
| Q1 24 | $21.2M | — |
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
| Q4 25 | — | $405.9M | ||
| Q3 25 | $109.5M | $408.4M | ||
| Q2 25 | $106.2M | $398.4M | ||
| Q1 25 | $102.4M | $381.1M | ||
| Q4 24 | $99.6M | $387.2M | ||
| Q3 24 | $105.8M | $416.6M | ||
| Q2 24 | $100.7M | $408.1M | ||
| Q1 24 | $102.8M | $391.8M |
| Q4 25 | — | $823.2M | ||
| Q3 25 | $430.9M | $844.4M | ||
| Q2 25 | $429.3M | $822.1M | ||
| Q1 25 | $388.4M | $824.6M | ||
| Q4 24 | $393.4M | $794.2M | ||
| Q3 24 | $387.0M | $853.4M | ||
| Q2 24 | $386.0M | $830.0M | ||
| Q1 24 | $365.8M | $808.6M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $6.6M | $23.3M |
| Free Cash FlowOCF − Capex | $6.6M | $14.1M |
| FCF MarginFCF / Revenue | 12.3% | 14.1% |
| Capex IntensityCapex / Revenue | 0.1% | 9.2% |
| Cash ConversionOCF / Net Profit | 11.51× | — |
| TTM Free Cash FlowTrailing 4 quarters | $19.3M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $23.3M | ||
| Q3 25 | $6.6M | $51.0M | ||
| Q2 25 | $9.3M | $36.0M | ||
| Q1 25 | $-722.0K | $-46.9M | ||
| Q4 24 | $4.8M | $6.2M | ||
| Q3 24 | $90.0K | $37.2M | ||
| Q2 24 | $416.0K | $52.4M | ||
| Q1 24 | $-5.3M | $-34.5M |
| Q4 25 | — | $14.1M | ||
| Q3 25 | $6.6M | $45.2M | ||
| Q2 25 | $9.1M | $29.1M | ||
| Q1 25 | $-986.0K | $-50.3M | ||
| Q4 24 | $4.6M | $-98.0K | ||
| Q3 24 | $58.0K | $33.2M | ||
| Q2 24 | $361.0K | $47.9M | ||
| Q1 24 | $-5.4M | $-39.9M |
| Q4 25 | — | 14.1% | ||
| Q3 25 | 12.3% | 27.9% | ||
| Q2 25 | 16.5% | 16.8% | ||
| Q1 25 | -2.0% | -45.2% | ||
| Q4 24 | 9.3% | -0.1% | ||
| Q3 24 | 0.1% | 22.1% | ||
| Q2 24 | 0.8% | 29.9% | ||
| Q1 24 | -11.4% | -36.0% |
| Q4 25 | — | 9.2% | ||
| Q3 25 | 0.1% | 3.6% | ||
| Q2 25 | 0.3% | 4.0% | ||
| Q1 25 | 0.5% | 3.1% | ||
| Q4 24 | 0.5% | 7.2% | ||
| Q3 24 | 0.1% | 2.7% | ||
| Q2 24 | 0.1% | 2.8% | ||
| Q1 24 | 0.1% | 4.8% |
| Q4 25 | — | — | ||
| Q3 25 | 11.51× | 6.29× | ||
| Q2 25 | 2.80× | 2.25× | ||
| Q1 25 | -0.90× | — | ||
| Q4 24 | 11.65× | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AAME
| Bankers Fidelity | $30.0M | 56% |
| American Southern | $23.7M | 44% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
