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Side-by-side financial comparison of Albemarle Corporation (ALB) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Albemarle Corporation is the larger business by last-quarter revenue ($1.4B vs $100.0M, roughly 14.3× Latham Group, Inc.). Latham Group, Inc. runs the higher net margin — -7.0% vs -29.0%, a 22.0% gap on every dollar of revenue. On growth, Albemarle Corporation posted the faster year-over-year revenue change (15.9% vs 14.5%). Albemarle Corporation produced more free cash flow last quarter ($233.1M vs $14.1M). Over the past eight quarters, Albemarle Corporation's revenue compounded faster (2.4% CAGR vs -4.9%).
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers...
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.
ALB vs SWIM — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $100.0M |
| Net Profit | $-414.2M | $-7.0M |
| Gross Margin | 13.9% | 28.0% |
| Operating Margin | -15.2% | -10.7% |
| Net Margin | -29.0% | -7.0% |
| Revenue YoY | 15.9% | 14.5% |
| Net Profit YoY | -650.1% | 76.0% |
| EPS (diluted) | $-3.88 | $-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 | $1.4B | $100.0M | ||
| Q3 25 | $1.3B | $161.9M | ||
| Q2 25 | $1.3B | $172.6M | ||
| Q1 25 | $1.1B | $111.4M | ||
| Q4 24 | $1.2B | $87.3M | ||
| Q3 24 | $1.4B | $150.5M | ||
| Q2 24 | $1.4B | $160.1M | ||
| Q1 24 | $1.4B | $110.6M |
| Q4 25 | $-414.2M | $-7.0M | ||
| Q3 25 | $-160.7M | $8.1M | ||
| Q2 25 | $22.9M | $16.0M | ||
| Q1 25 | $41.3M | $-6.0M | ||
| Q4 24 | $75.3M | $-29.2M | ||
| Q3 24 | $-1.1B | $5.9M | ||
| Q2 24 | $-188.2M | $13.3M | ||
| Q1 24 | $2.4M | $-7.9M |
| Q4 25 | 13.9% | 28.0% | ||
| Q3 25 | 9.0% | 35.4% | ||
| Q2 25 | 14.8% | 37.1% | ||
| Q1 25 | 14.5% | 29.5% | ||
| Q4 24 | 11.2% | 24.6% | ||
| Q3 24 | -7.7% | 32.4% | ||
| Q2 24 | -0.7% | 33.1% | ||
| Q1 24 | 2.9% | 27.7% |
| Q4 25 | -15.2% | -10.7% | ||
| Q3 25 | -16.6% | 13.3% | ||
| Q2 25 | 3.6% | 14.3% | ||
| Q1 25 | 1.8% | -4.4% | ||
| Q4 24 | 0.4% | -14.9% | ||
| Q3 24 | -81.9% | 8.9% | ||
| Q2 24 | -34.4% | 12.5% | ||
| Q1 24 | -13.2% | -1.9% |
| Q4 25 | -29.0% | -7.0% | ||
| Q3 25 | -12.3% | 5.0% | ||
| Q2 25 | 1.7% | 9.3% | ||
| Q1 25 | 3.8% | -5.4% | ||
| Q4 24 | 6.1% | -33.4% | ||
| Q3 24 | -78.9% | 3.9% | ||
| Q2 24 | -13.2% | 8.3% | ||
| Q1 24 | 0.2% | -7.1% |
| Q4 25 | $-3.88 | $-0.06 | ||
| Q3 25 | $-1.72 | $0.07 | ||
| Q2 25 | $-0.16 | $0.13 | ||
| Q1 25 | $0.00 | $-0.05 | ||
| Q4 24 | $0.29 | $-0.24 | ||
| Q3 24 | $-9.45 | $0.05 | ||
| Q2 24 | $-1.96 | $0.11 | ||
| Q1 24 | $-0.08 | $-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 | — | — |
| Total DebtLower is stronger | $3.2B | $279.8M |
| Stockholders' EquityBook value | $9.5B | $405.9M |
| Total Assets | $16.4B | $823.2M |
| Debt / EquityLower = less leverage | 0.33× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $2.1B | — |
| Q4 25 | $3.2B | $279.8M | ||
| Q3 25 | $3.6B | $281.1M | ||
| Q2 25 | $3.6B | $281.5M | ||
| Q1 25 | $3.5B | $306.9M | ||
| Q4 24 | $3.5B | $281.5M | ||
| Q3 24 | $3.6B | $282.8M | ||
| Q2 24 | $3.5B | $282.4M | ||
| Q1 24 | $3.5B | $282.8M |
| Q4 25 | $9.5B | $405.9M | ||
| Q3 25 | $10.0B | $408.4M | ||
| Q2 25 | $10.2B | $398.4M | ||
| Q1 25 | $10.0B | $381.1M | ||
| Q4 24 | $10.0B | $387.2M | ||
| Q3 24 | $10.2B | $416.6M | ||
| Q2 24 | $11.2B | $408.1M | ||
| Q1 24 | $11.5B | $391.8M |
| Q4 25 | $16.4B | $823.2M | ||
| Q3 25 | $17.1B | $844.4M | ||
| Q2 25 | $17.3B | $822.1M | ||
| Q1 25 | $17.0B | $824.6M | ||
| Q4 24 | $16.6B | $794.2M | ||
| Q3 24 | $17.5B | $853.4M | ||
| Q2 24 | $18.4B | $830.0M | ||
| Q1 24 | $19.0B | $808.6M |
| Q4 25 | 0.33× | 0.69× | ||
| Q3 25 | 0.36× | 0.69× | ||
| Q2 25 | 0.35× | 0.71× | ||
| Q1 25 | 0.35× | 0.81× | ||
| Q4 24 | 0.35× | 0.73× | ||
| Q3 24 | 0.35× | 0.68× | ||
| Q2 24 | 0.31× | 0.69× | ||
| Q1 24 | 0.31× | 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 | $388.5M | $23.3M |
| Free Cash FlowOCF − Capex | $233.1M | $14.1M |
| FCF MarginFCF / Revenue | 16.3% | 14.1% |
| Capex IntensityCapex / Revenue | 10.9% | 9.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $692.5M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $388.5M | $23.3M | ||
| Q3 25 | $355.6M | $51.0M | ||
| Q2 25 | $-7.2M | $36.0M | ||
| Q1 25 | $545.4M | $-46.9M | ||
| Q4 24 | $674.0K | $6.2M | ||
| Q3 24 | $240.5M | $37.2M | ||
| Q2 24 | $362.9M | $52.4M | ||
| Q1 24 | $98.0M | $-34.5M |
| Q4 25 | $233.1M | $14.1M | ||
| Q3 25 | $223.4M | $45.2M | ||
| Q2 25 | $-126.8M | $29.1M | ||
| Q1 25 | $362.8M | $-50.3M | ||
| Q4 24 | $-355.1M | $-98.0K | ||
| Q3 24 | $-62.6M | $33.2M | ||
| Q2 24 | $-84.7M | $47.9M | ||
| Q1 24 | $-481.4M | $-39.9M |
| Q4 25 | 16.3% | 14.1% | ||
| Q3 25 | 17.1% | 27.9% | ||
| Q2 25 | -9.5% | 16.8% | ||
| Q1 25 | 33.7% | -45.2% | ||
| Q4 24 | -28.8% | -0.1% | ||
| Q3 24 | -4.6% | 22.1% | ||
| Q2 24 | -5.9% | 29.9% | ||
| Q1 24 | -35.4% | -36.0% |
| Q4 25 | 10.9% | 9.2% | ||
| Q3 25 | 10.1% | 3.6% | ||
| Q2 25 | 9.0% | 4.0% | ||
| Q1 25 | 17.0% | 3.1% | ||
| Q4 24 | 28.9% | 7.2% | ||
| Q3 24 | 22.4% | 2.7% | ||
| Q2 24 | 31.3% | 2.8% | ||
| Q1 24 | 42.6% | 4.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | -0.31× | 2.25× | ||
| Q1 25 | 13.19× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | 40.01× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALB
| Energy Storage | $759.1M | 53% |
| Specialties | $348.9M | 24% |
| Ketjen | $320.1M | 22% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
