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Side-by-side financial comparison of AerSale Corp (ASLE) 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 $90.9M, roughly 1.1× AerSale Corp). AerSale Corp runs the higher net margin — 5.9% vs -7.0%, a 12.9% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs -4.0%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $9.8M). Over the past eight quarters, AerSale Corp's revenue compounded faster (0.2% CAGR vs -4.9%).
AerSale, Inc. is a Doral, Florida-based global supplier of aftermarket commercial jet aircraft, engines, used materials, and aeronautical engineering services to passenger and cargo airlines, government, multinational original equipment manufacturers, and independent MROs. AerSale is a member of the Aircraft Fleet Recycling Association.
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.
ASLE vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $90.9M | $100.0M |
| Net Profit | $5.4M | $-7.0M |
| Gross Margin | 34.1% | 28.0% |
| Operating Margin | 7.8% | -10.7% |
| Net Margin | 5.9% | -7.0% |
| Revenue YoY | -4.0% | 14.5% |
| Net Profit YoY | 99.7% | 76.0% |
| EPS (diluted) | $0.10 | $-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 | $90.9M | $100.0M | ||
| Q3 25 | $71.2M | $161.9M | ||
| Q2 25 | $107.4M | $172.6M | ||
| Q1 25 | $65.8M | $111.4M | ||
| Q4 24 | $94.7M | $87.3M | ||
| Q3 24 | $82.7M | $150.5M | ||
| Q2 24 | $77.1M | $160.1M | ||
| Q1 24 | $90.5M | $110.6M |
| Q4 25 | $5.4M | $-7.0M | ||
| Q3 25 | $-120.0K | $8.1M | ||
| Q2 25 | $8.6M | $16.0M | ||
| Q1 25 | $-5.3M | $-6.0M | ||
| Q4 24 | $2.7M | $-29.2M | ||
| Q3 24 | $509.0K | $5.9M | ||
| Q2 24 | $-3.6M | $13.3M | ||
| Q1 24 | $6.3M | $-7.9M |
| Q4 25 | 34.1% | 28.0% | ||
| Q3 25 | 30.2% | 35.4% | ||
| Q2 25 | 32.9% | 37.1% | ||
| Q1 25 | 27.3% | 29.5% | ||
| Q4 24 | 31.4% | 24.6% | ||
| Q3 24 | 28.6% | 32.4% | ||
| Q2 24 | 28.2% | 33.1% | ||
| Q1 24 | 31.8% | 27.7% |
| Q4 25 | 7.8% | -10.7% | ||
| Q3 25 | 4.0% | 13.3% | ||
| Q2 25 | 11.7% | 14.3% | ||
| Q1 25 | -10.1% | -4.4% | ||
| Q4 24 | 5.2% | -14.9% | ||
| Q3 24 | 2.4% | 8.9% | ||
| Q2 24 | -2.4% | 12.5% | ||
| Q1 24 | 5.2% | -1.9% |
| Q4 25 | 5.9% | -7.0% | ||
| Q3 25 | -0.2% | 5.0% | ||
| Q2 25 | 8.0% | 9.3% | ||
| Q1 25 | -8.0% | -5.4% | ||
| Q4 24 | 2.9% | -33.4% | ||
| Q3 24 | 0.6% | 3.9% | ||
| Q2 24 | -4.7% | 8.3% | ||
| Q1 24 | 6.9% | -7.1% |
| Q4 25 | $0.10 | $-0.06 | ||
| Q3 25 | $0.00 | $0.07 | ||
| Q2 25 | $0.18 | $0.13 | ||
| Q1 25 | $-0.10 | $-0.05 | ||
| Q4 24 | $0.05 | $-0.24 | ||
| Q3 24 | $0.01 | $0.05 | ||
| Q2 24 | $-0.07 | $0.11 | ||
| Q1 24 | $0.12 | $-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 | $4.4M | — |
| Total DebtLower is stronger | $1.3M | $279.8M |
| Stockholders' EquityBook value | $424.4M | $405.9M |
| Total Assets | $640.5M | $823.2M |
| Debt / EquityLower = less leverage | 0.00× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.4M | — | ||
| Q3 25 | $5.3M | — | ||
| Q2 25 | $5.7M | — | ||
| Q1 25 | $4.7M | — | ||
| Q4 24 | $4.7M | — | ||
| Q3 24 | $9.8M | — | ||
| Q2 24 | $4.3M | — | ||
| Q1 24 | $2.6M | — |
| Q4 25 | $1.3M | $279.8M | ||
| Q3 25 | $1.5M | $281.1M | ||
| Q2 25 | $907.0K | $281.5M | ||
| Q1 25 | $1.1M | $306.9M | ||
| Q4 24 | $1.2M | $281.5M | ||
| Q3 24 | $376.0K | $282.8M | ||
| Q2 24 | $522.0K | $282.4M | ||
| Q1 24 | $3.5M | $282.8M |
| Q4 25 | $424.4M | $405.9M | ||
| Q3 25 | $417.1M | $408.4M | ||
| Q2 25 | $415.9M | $398.4M | ||
| Q1 25 | $406.5M | $381.1M | ||
| Q4 24 | $455.6M | $387.2M | ||
| Q3 24 | $451.5M | $416.6M | ||
| Q2 24 | $449.8M | $408.1M | ||
| Q1 24 | $452.0M | $391.8M |
| Q4 25 | $640.5M | $823.2M | ||
| Q3 25 | $646.3M | $844.4M | ||
| Q2 25 | $646.7M | $822.1M | ||
| Q1 25 | $646.1M | $824.6M | ||
| Q4 24 | $604.7M | $794.2M | ||
| Q3 24 | $601.5M | $853.4M | ||
| Q2 24 | $598.7M | $830.0M | ||
| Q1 24 | $571.7M | $808.6M |
| Q4 25 | 0.00× | 0.69× | ||
| Q3 25 | 0.00× | 0.69× | ||
| Q2 25 | 0.00× | 0.71× | ||
| Q1 25 | 0.00× | 0.81× | ||
| Q4 24 | 0.00× | 0.73× | ||
| Q3 24 | 0.00× | 0.68× | ||
| Q2 24 | 0.00× | 0.69× | ||
| Q1 24 | 0.01× | 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 | $11.4M | $23.3M |
| Free Cash FlowOCF − Capex | $9.8M | $14.1M |
| FCF MarginFCF / Revenue | 10.8% | 14.1% |
| Capex IntensityCapex / Revenue | 1.7% | 9.2% |
| Cash ConversionOCF / Net Profit | 2.11× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-29.1M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.4M | $23.3M | ||
| Q3 25 | $-8.9M | $51.0M | ||
| Q2 25 | $19.8M | $36.0M | ||
| Q1 25 | $-45.2M | $-46.9M | ||
| Q4 24 | $37.5M | $6.2M | ||
| Q3 24 | $10.4M | $37.2M | ||
| Q2 24 | $-15.3M | $52.4M | ||
| Q1 24 | $-21.5M | $-34.5M |
| Q4 25 | $9.8M | $14.1M | ||
| Q3 25 | $-9.8M | $45.2M | ||
| Q2 25 | $18.6M | $29.1M | ||
| Q1 25 | $-47.6M | $-50.3M | ||
| Q4 24 | $32.3M | $-98.0K | ||
| Q3 24 | $8.9M | $33.2M | ||
| Q2 24 | $-18.9M | $47.9M | ||
| Q1 24 | $-25.0M | $-39.9M |
| Q4 25 | 10.8% | 14.1% | ||
| Q3 25 | -13.8% | 27.9% | ||
| Q2 25 | 17.3% | 16.8% | ||
| Q1 25 | -72.4% | -45.2% | ||
| Q4 24 | 34.0% | -0.1% | ||
| Q3 24 | 10.7% | 22.1% | ||
| Q2 24 | -24.6% | 29.9% | ||
| Q1 24 | -27.7% | -36.0% |
| Q4 25 | 1.7% | 9.2% | ||
| Q3 25 | 1.3% | 3.6% | ||
| Q2 25 | 1.1% | 4.0% | ||
| Q1 25 | 3.7% | 3.1% | ||
| Q4 24 | 5.6% | 7.2% | ||
| Q3 24 | 1.9% | 2.7% | ||
| Q2 24 | 4.7% | 2.8% | ||
| Q1 24 | 3.9% | 4.8% |
| Q4 25 | 2.11× | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | 2.31× | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.89× | — | ||
| Q3 24 | 20.52× | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | -3.42× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASLE
| Products | $57.8M | 64% |
| Maintenance | $23.2M | 26% |
| Leasing Arrangements | $9.9M | 11% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
