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Side-by-side financial comparison of Concrete Pumping Holdings, Inc. (BBCP) 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 $98.9M, roughly 1.0× Concrete Pumping Holdings, Inc.). Concrete Pumping Holdings, Inc. runs the higher net margin — 5.4% vs -7.0%, a 12.4% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs -3.2%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $1.9M). Over the past eight quarters, Concrete Pumping Holdings, Inc.'s revenue compounded faster (4.8% CAGR vs -4.9%).

Concrete Pumping Holdings, Inc. is a leading provider of concrete pumping services and equipment rental solutions across the U.S. and U.K. It serves core construction segments including infrastructure, commercial real estate development, and residential building, supporting efficient, safe concrete placement for projects of all sizes.

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.

BBCP vs SWIM — Head-to-Head

Bigger by revenue
SWIM
SWIM
1.0× larger
SWIM
$100.0M
$98.9M
BBCP
Growing faster (revenue YoY)
SWIM
SWIM
+17.7% gap
SWIM
14.5%
-3.2%
BBCP
Higher net margin
BBCP
BBCP
12.4% more per $
BBCP
5.4%
-7.0%
SWIM
More free cash flow
SWIM
SWIM
$12.2M more FCF
SWIM
$14.1M
$1.9M
BBCP
Faster 2-yr revenue CAGR
BBCP
BBCP
Annualised
BBCP
4.8%
-4.9%
SWIM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BBCP
BBCP
SWIM
SWIM
Revenue
$98.9M
$100.0M
Net Profit
$5.3M
$-7.0M
Gross Margin
43.8%
28.0%
Operating Margin
17.0%
-10.7%
Net Margin
5.4%
-7.0%
Revenue YoY
-3.2%
14.5%
Net Profit YoY
-43.6%
76.0%
EPS (diluted)
$0.09
$-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
BBCP
BBCP
SWIM
SWIM
Q4 25
$98.9M
$100.0M
Q3 25
$94.2M
$161.9M
Q2 25
$85.2M
$172.6M
Q1 25
$78.0M
$111.4M
Q4 24
$102.1M
$87.3M
Q3 24
$100.6M
$150.5M
Q2 24
$98.7M
$160.1M
Q1 24
$90.0M
$110.6M
Net Profit
BBCP
BBCP
SWIM
SWIM
Q4 25
$5.3M
$-7.0M
Q3 25
$3.7M
$8.1M
Q2 25
$-4.0K
$16.0M
Q1 25
$-2.6M
$-6.0M
Q4 24
$9.4M
$-29.2M
Q3 24
$7.6M
$5.9M
Q2 24
$3.0M
$13.3M
Q1 24
$-3.8M
$-7.9M
Gross Margin
BBCP
BBCP
SWIM
SWIM
Q4 25
43.8%
28.0%
Q3 25
42.9%
35.4%
Q2 25
42.5%
37.1%
Q1 25
40.0%
29.5%
Q4 24
45.3%
24.6%
Q3 24
44.3%
32.4%
Q2 24
42.3%
33.1%
Q1 24
37.0%
27.7%
Operating Margin
BBCP
BBCP
SWIM
SWIM
Q4 25
17.0%
-10.7%
Q3 25
13.7%
13.3%
Q2 25
9.7%
14.3%
Q1 25
4.5%
-4.4%
Q4 24
18.8%
-14.9%
Q3 24
16.5%
8.9%
Q2 24
12.2%
12.5%
Q1 24
1.6%
-1.9%
Net Margin
BBCP
BBCP
SWIM
SWIM
Q4 25
5.4%
-7.0%
Q3 25
3.9%
5.0%
Q2 25
-0.0%
9.3%
Q1 25
-3.4%
-5.4%
Q4 24
9.2%
-33.4%
Q3 24
7.5%
3.9%
Q2 24
3.1%
8.3%
Q1 24
-4.3%
-7.1%
EPS (diluted)
BBCP
BBCP
SWIM
SWIM
Q4 25
$0.09
$-0.06
Q3 25
$0.07
$0.07
Q2 25
$-0.01
$0.13
Q1 25
$-0.06
$-0.05
Q4 24
$0.16
$-0.24
Q3 24
$0.13
$0.05
Q2 24
$0.05
$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
BBCP
BBCP
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
$44.4M
Total DebtLower is stronger
$417.9M
$279.8M
Stockholders' EquityBook value
$264.8M
$405.9M
Total Assets
$879.5M
$823.2M
Debt / EquityLower = less leverage
1.58×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBCP
BBCP
SWIM
SWIM
Q4 25
$44.4M
Q3 25
$41.0M
Q2 25
$37.8M
Q1 25
$85.1M
Q4 24
$43.0M
Q3 24
$26.3M
Q2 24
$18.0M
Q1 24
$14.7M
Total Debt
BBCP
BBCP
SWIM
SWIM
Q4 25
$417.9M
$279.8M
Q3 25
$417.6M
$281.1M
Q2 25
$417.3M
$281.5M
Q1 25
$417.1M
$306.9M
Q4 24
$373.3M
$281.5M
Q3 24
$372.9M
$282.8M
Q2 24
$372.6M
$282.4M
Q1 24
$372.2M
$282.8M
Stockholders' Equity
BBCP
BBCP
SWIM
SWIM
Q4 25
$264.8M
$405.9M
Q3 25
$261.3M
$408.4M
Q2 25
$261.8M
$398.4M
Q1 25
$260.7M
$381.1M
Q4 24
$321.7M
$387.2M
Q3 24
$314.7M
$416.6M
Q2 24
$308.3M
$408.1M
Q1 24
$307.9M
$391.8M
Total Assets
BBCP
BBCP
SWIM
SWIM
Q4 25
$879.5M
$823.2M
Q3 25
$886.0M
$844.4M
Q2 25
$878.8M
$822.1M
Q1 25
$912.9M
$824.6M
Q4 24
$898.0M
$794.2M
Q3 24
$890.8M
$853.4M
Q2 24
$894.7M
$830.0M
Q1 24
$894.8M
$808.6M
Debt / Equity
BBCP
BBCP
SWIM
SWIM
Q4 25
1.58×
0.69×
Q3 25
1.60×
0.69×
Q2 25
1.59×
0.71×
Q1 25
1.60×
0.81×
Q4 24
1.16×
0.73×
Q3 24
1.19×
0.68×
Q2 24
1.21×
0.69×
Q1 24
1.21×
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
BBCP
BBCP
SWIM
SWIM
Operating Cash FlowLast quarter
$14.5M
$23.3M
Free Cash FlowOCF − Capex
$1.9M
$14.1M
FCF MarginFCF / Revenue
1.9%
14.1%
Capex IntensityCapex / Revenue
12.7%
9.2%
Cash ConversionOCF / Net Profit
2.72×
TTM Free Cash FlowTrailing 4 quarters
$17.5M
$38.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBCP
BBCP
SWIM
SWIM
Q4 25
$14.5M
$23.3M
Q3 25
$19.1M
$51.0M
Q2 25
$24.7M
$36.0M
Q1 25
$6.0M
$-46.9M
Q4 24
$22.4M
$6.2M
Q3 24
$35.0M
$37.2M
Q2 24
$9.1M
$52.4M
Q1 24
$20.3M
$-34.5M
Free Cash Flow
BBCP
BBCP
SWIM
SWIM
Q4 25
$1.9M
$14.1M
Q3 25
$4.3M
$45.2M
Q2 25
$11.1M
$29.1M
Q1 25
$191.0K
$-50.3M
Q4 24
$16.1M
$-98.0K
Q3 24
$26.4M
$33.2M
Q2 24
$-1.9M
$47.9M
Q1 24
$2.5M
$-39.9M
FCF Margin
BBCP
BBCP
SWIM
SWIM
Q4 25
1.9%
14.1%
Q3 25
4.6%
27.9%
Q2 25
13.0%
16.8%
Q1 25
0.2%
-45.2%
Q4 24
15.8%
-0.1%
Q3 24
26.2%
22.1%
Q2 24
-1.9%
29.9%
Q1 24
2.8%
-36.0%
Capex Intensity
BBCP
BBCP
SWIM
SWIM
Q4 25
12.7%
9.2%
Q3 25
15.7%
3.6%
Q2 25
16.0%
4.0%
Q1 25
7.5%
3.1%
Q4 24
6.2%
7.2%
Q3 24
8.6%
2.7%
Q2 24
11.2%
2.8%
Q1 24
19.7%
4.8%
Cash Conversion
BBCP
BBCP
SWIM
SWIM
Q4 25
2.72×
Q3 25
5.16×
6.29×
Q2 25
2.25×
Q1 25
Q4 24
2.38×
Q3 24
4.63×
6.32×
Q2 24
3.00×
3.95×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BBCP
BBCP

US Concrete Pumping$72.2M73%
US Concrete Waste Management Services$21.3M22%
Other$5.4M5%

SWIM
SWIM

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

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