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Side-by-side financial comparison of Chatham Lodging Trust (CLDT) 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 $67.7M, roughly 1.5× Chatham Lodging Trust). Chatham Lodging Trust runs the higher net margin — 6.8% vs -7.0%, a 13.8% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs -9.8%). Over the past eight quarters, Chatham Lodging Trust's revenue compounded faster (-0.5% CAGR vs -4.9%).

Chatham Lodging Trust is a publicly traded real estate investment trust that invests in, owns, and operates upscale extended-stay and select-service premium hotel properties primarily across high-demand urban and suburban markets in the United States. Its portfolio targets assets with strong occupancy rates and steady cash flow from business and leisure traveler segments.

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.

CLDT vs SWIM — Head-to-Head

Bigger by revenue
SWIM
SWIM
1.5× larger
SWIM
$100.0M
$67.7M
CLDT
Growing faster (revenue YoY)
SWIM
SWIM
+24.3% gap
SWIM
14.5%
-9.8%
CLDT
Higher net margin
CLDT
CLDT
13.8% more per $
CLDT
6.8%
-7.0%
SWIM
Faster 2-yr revenue CAGR
CLDT
CLDT
Annualised
CLDT
-0.5%
-4.9%
SWIM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLDT
CLDT
SWIM
SWIM
Revenue
$67.7M
$100.0M
Net Profit
$4.6M
$-7.0M
Gross Margin
28.0%
Operating Margin
15.9%
-10.7%
Net Margin
6.8%
-7.0%
Revenue YoY
-9.8%
14.5%
Net Profit YoY
369.9%
76.0%
EPS (diluted)
$0.05
$-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
CLDT
CLDT
SWIM
SWIM
Q4 25
$67.7M
$100.0M
Q3 25
$78.4M
$161.9M
Q2 25
$80.3M
$172.6M
Q1 25
$68.6M
$111.4M
Q4 24
$75.1M
$87.3M
Q3 24
$87.2M
$150.5M
Q2 24
$86.5M
$160.1M
Q1 24
$68.4M
$110.6M
Net Profit
CLDT
CLDT
SWIM
SWIM
Q4 25
$4.6M
$-7.0M
Q3 25
$3.5M
$8.1M
Q2 25
$5.4M
$16.0M
Q1 25
$1.5M
$-6.0M
Q4 24
$-1.7M
$-29.2M
Q3 24
$4.3M
$5.9M
Q2 24
$6.8M
$13.3M
Q1 24
$-5.2M
$-7.9M
Gross Margin
CLDT
CLDT
SWIM
SWIM
Q4 25
28.0%
Q3 25
35.4%
Q2 25
37.1%
Q1 25
29.5%
Q4 24
40.7%
24.6%
Q3 24
44.7%
32.4%
Q2 24
46.1%
33.1%
Q1 24
38.9%
27.7%
Operating Margin
CLDT
CLDT
SWIM
SWIM
Q4 25
15.9%
-10.7%
Q3 25
12.7%
13.3%
Q2 25
14.8%
14.3%
Q1 25
12.1%
-4.4%
Q4 24
7.5%
-14.9%
Q3 24
14.3%
8.9%
Q2 24
16.3%
12.5%
Q1 24
1.4%
-1.9%
Net Margin
CLDT
CLDT
SWIM
SWIM
Q4 25
6.8%
-7.0%
Q3 25
4.5%
5.0%
Q2 25
6.7%
9.3%
Q1 25
2.2%
-5.4%
Q4 24
-2.3%
-33.4%
Q3 24
4.9%
3.9%
Q2 24
7.9%
8.3%
Q1 24
-7.6%
-7.1%
EPS (diluted)
CLDT
CLDT
SWIM
SWIM
Q4 25
$0.05
$-0.06
Q3 25
$0.03
$0.07
Q2 25
$0.07
$0.13
Q1 25
$-0.01
$-0.05
Q4 24
$-0.08
$-0.24
Q3 24
$0.05
$0.05
Q2 24
$0.10
$0.11
Q1 24
$-0.15
$-0.07

Balance Sheet & Financial Strength

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

Metric
CLDT
CLDT
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
$24.4M
Total DebtLower is stronger
$338.9M
$279.8M
Stockholders' EquityBook value
$740.8M
$405.9M
Total Assets
$1.2B
$823.2M
Debt / EquityLower = less leverage
0.46×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLDT
CLDT
SWIM
SWIM
Q4 25
$24.4M
Q3 25
$13.2M
Q2 25
$17.2M
Q1 25
$18.6M
Q4 24
$20.2M
Q3 24
$19.3M
Q2 24
$10.6M
Q1 24
$72.3M
Total Debt
CLDT
CLDT
SWIM
SWIM
Q4 25
$338.9M
$279.8M
Q3 25
$338.8M
$281.1M
Q2 25
$351.2M
$281.5M
Q1 25
$381.1M
$306.9M
Q4 24
$406.9M
$281.5M
Q3 24
$282.8M
Q2 24
$282.4M
Q1 24
$282.8M
Stockholders' Equity
CLDT
CLDT
SWIM
SWIM
Q4 25
$740.8M
$405.9M
Q3 25
$749.4M
$408.4M
Q2 25
$754.1M
$398.4M
Q1 25
$754.7M
$381.1M
Q4 24
$758.2M
$387.2M
Q3 24
$765.3M
$416.6M
Q2 24
$766.5M
$408.1M
Q1 24
$765.0M
$391.8M
Total Assets
CLDT
CLDT
SWIM
SWIM
Q4 25
$1.2B
$823.2M
Q3 25
$1.2B
$844.4M
Q2 25
$1.2B
$822.1M
Q1 25
$1.2B
$824.6M
Q4 24
$1.3B
$794.2M
Q3 24
$1.3B
$853.4M
Q2 24
$1.3B
$830.0M
Q1 24
$1.3B
$808.6M
Debt / Equity
CLDT
CLDT
SWIM
SWIM
Q4 25
0.46×
0.69×
Q3 25
0.45×
0.69×
Q2 25
0.47×
0.71×
Q1 25
0.50×
0.81×
Q4 24
0.54×
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
CLDT
CLDT
SWIM
SWIM
Operating Cash FlowLast quarter
$64.1M
$23.3M
Free Cash FlowOCF − Capex
$14.1M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
9.2%
Cash ConversionOCF / Net Profit
13.90×
TTM Free Cash FlowTrailing 4 quarters
$38.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLDT
CLDT
SWIM
SWIM
Q4 25
$64.1M
$23.3M
Q3 25
$25.6M
$51.0M
Q2 25
$22.1M
$36.0M
Q1 25
$4.2M
$-46.9M
Q4 24
$73.8M
$6.2M
Q3 24
$28.8M
$37.2M
Q2 24
$25.2M
$52.4M
Q1 24
$6.9M
$-34.5M
Free Cash Flow
CLDT
CLDT
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
CLDT
CLDT
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
CLDT
CLDT
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
CLDT
CLDT
SWIM
SWIM
Q4 25
13.90×
Q3 25
7.24×
6.29×
Q2 25
4.10×
2.25×
Q1 25
2.73×
Q4 24
Q3 24
6.78×
6.32×
Q2 24
3.68×
3.95×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLDT
CLDT

Occupancy$61.5M91%
Hotel Other$4.2M6%
Food And Beverage$1.8M3%
Hotel$1.1M2%

SWIM
SWIM

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

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