vs

Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.

Acadian Asset Management Inc. is the larger business by last-quarter revenue ($172.2M vs $100.0M, roughly 1.7× Latham Group, Inc.). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs -7.0%, a 27.2% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 2.6%). Over the past eight quarters, Acadian Asset Management Inc.'s revenue compounded faster (27.6% CAGR vs -4.9%).

United Asset Management was an American holding company headquartered in Boston, Massachusetts.

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.

AAMI vs SWIM — Head-to-Head

Bigger by revenue
AAMI
AAMI
1.7× larger
AAMI
$172.2M
$100.0M
SWIM
Growing faster (revenue YoY)
SWIM
SWIM
+11.9% gap
SWIM
14.5%
2.6%
AAMI
Higher net margin
AAMI
AAMI
27.2% more per $
AAMI
20.2%
-7.0%
SWIM
Faster 2-yr revenue CAGR
AAMI
AAMI
Annualised
AAMI
27.6%
-4.9%
SWIM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AAMI
AAMI
SWIM
SWIM
Revenue
$172.2M
$100.0M
Net Profit
$34.7M
$-7.0M
Gross Margin
28.0%
Operating Margin
33.3%
-10.7%
Net Margin
20.2%
-7.0%
Revenue YoY
2.6%
14.5%
Net Profit YoY
-18.4%
76.0%
EPS (diluted)
$0.97
$-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.

Revenue
AAMI
AAMI
SWIM
SWIM
Q4 25
$172.2M
$100.0M
Q3 25
$144.2M
$161.9M
Q2 25
$127.4M
$172.6M
Q1 25
$119.9M
$111.4M
Q4 24
$167.8M
$87.3M
Q3 24
$123.1M
$150.5M
Q2 24
$109.0M
$160.1M
Q1 24
$105.7M
$110.6M
Net Profit
AAMI
AAMI
SWIM
SWIM
Q4 25
$34.7M
$-7.0M
Q3 25
$15.1M
$8.1M
Q2 25
$10.1M
$16.0M
Q1 25
$20.1M
$-6.0M
Q4 24
$42.5M
$-29.2M
Q3 24
$16.9M
$5.9M
Q2 24
$11.0M
$13.3M
Q1 24
$14.6M
$-7.9M
Gross Margin
AAMI
AAMI
SWIM
SWIM
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%
Operating Margin
AAMI
AAMI
SWIM
SWIM
Q4 25
33.3%
-10.7%
Q3 25
18.4%
13.3%
Q2 25
12.7%
14.3%
Q1 25
26.6%
-4.4%
Q4 24
38.7%
-14.9%
Q3 24
21.9%
8.9%
Q2 24
18.9%
12.5%
Q1 24
21.7%
-1.9%
Net Margin
AAMI
AAMI
SWIM
SWIM
Q4 25
20.2%
-7.0%
Q3 25
10.5%
5.0%
Q2 25
7.9%
9.3%
Q1 25
16.8%
-5.4%
Q4 24
25.3%
-33.4%
Q3 24
13.7%
3.9%
Q2 24
10.1%
8.3%
Q1 24
13.8%
-7.1%
EPS (diluted)
AAMI
AAMI
SWIM
SWIM
Q4 25
$0.97
$-0.06
Q3 25
$0.42
$0.07
Q2 25
$0.28
$0.13
Q1 25
$0.54
$-0.05
Q4 24
$1.11
$-0.24
Q3 24
$0.45
$0.05
Q2 24
$0.29
$0.11
Q1 24
$0.37
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAMI
AAMI
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$200.0M
$279.8M
Stockholders' EquityBook value
$405.9M
Total Assets
$677.0M
$823.2M
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Total Debt
AAMI
AAMI
SWIM
SWIM
Q4 25
$200.0M
$279.8M
Q3 25
$281.1M
Q2 25
$281.5M
Q1 25
$306.9M
Q4 24
$275.0M
$281.5M
Q3 24
$282.8M
Q2 24
$282.4M
Q1 24
$282.8M
Stockholders' Equity
AAMI
AAMI
SWIM
SWIM
Q4 25
$405.9M
Q3 25
$408.4M
Q2 25
$398.4M
Q1 25
$381.1M
Q4 24
$387.2M
Q3 24
$416.6M
Q2 24
$408.1M
Q1 24
$391.8M
Total Assets
AAMI
AAMI
SWIM
SWIM
Q4 25
$677.0M
$823.2M
Q3 25
$751.4M
$844.4M
Q2 25
$672.3M
$822.1M
Q1 25
$677.3M
$824.6M
Q4 24
$703.2M
$794.2M
Q3 24
$555.2M
$853.4M
Q2 24
$533.1M
$830.0M
Q1 24
$544.9M
$808.6M
Debt / Equity
AAMI
AAMI
SWIM
SWIM
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
AAMI
AAMI
SWIM
SWIM
Operating Cash FlowLast quarter
$-2.4M
$23.3M
Free Cash FlowOCF − Capex
$14.1M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
9.2%
Cash ConversionOCF / Net Profit
-0.07×
TTM Free Cash FlowTrailing 4 quarters
$38.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
SWIM
SWIM
Q4 25
$-2.4M
$23.3M
Q3 25
$-23.9M
$51.0M
Q2 25
$61.6M
$36.0M
Q1 25
$-48.8M
$-46.9M
Q4 24
$55.8M
$6.2M
Q3 24
$69.6M
$37.2M
Q2 24
$45.7M
$52.4M
Q1 24
$-40.4M
$-34.5M
Free Cash Flow
AAMI
AAMI
SWIM
SWIM
Q4 25
$14.1M
Q3 25
$45.2M
Q2 25
$29.1M
Q1 25
$-50.3M
Q4 24
$-98.0K
Q3 24
$33.2M
Q2 24
$47.9M
Q1 24
$-39.9M
FCF Margin
AAMI
AAMI
SWIM
SWIM
Q4 25
14.1%
Q3 25
27.9%
Q2 25
16.8%
Q1 25
-45.2%
Q4 24
-0.1%
Q3 24
22.1%
Q2 24
29.9%
Q1 24
-36.0%
Capex Intensity
AAMI
AAMI
SWIM
SWIM
Q4 25
9.2%
Q3 25
3.6%
Q2 25
4.0%
Q1 25
3.1%
Q4 24
7.2%
Q3 24
2.7%
Q2 24
2.8%
Q1 24
4.8%
Cash Conversion
AAMI
AAMI
SWIM
SWIM
Q4 25
-0.07×
Q3 25
-1.58×
6.29×
Q2 25
6.10×
2.25×
Q1 25
-2.43×
Q4 24
1.31×
Q3 24
4.12×
6.32×
Q2 24
4.15×
3.95×
Q1 24
-2.77×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAMI
AAMI

Segment breakdown not available.

SWIM
SWIM

In Ground Swimming Pools$50.2M50%
Covers$37.0M37%
Liners$12.7M13%

Related Comparisons