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Side-by-side financial comparison of Citi Trends Inc (CTRN) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Citi Trends Inc is the larger business by last-quarter revenue ($197.1M vs $100.0M, roughly 2.0× Latham Group, Inc.). Citi Trends Inc runs the higher net margin — -3.5% vs -7.0%, a 3.5% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 10.1%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $767.0K). Over the past eight quarters, Citi Trends Inc's revenue compounded faster (-4.3% CAGR vs -4.9%).
Citi Trends, Inc. is an American retail clothing chain selling discounted products targeted primarily at African-American customers.
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.
CTRN vs SWIM — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $197.1M | $100.0M |
| Net Profit | $-6.9M | $-7.0M |
| Gross Margin | — | 28.0% |
| Operating Margin | -3.7% | -10.7% |
| Net Margin | -3.5% | -7.0% |
| Revenue YoY | 10.1% | 14.5% |
| Net Profit YoY | 3.6% | 76.0% |
| EPS (diluted) | $-0.86 | $-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 | $197.1M | $100.0M | ||
| Q3 25 | $190.8M | $161.9M | ||
| Q2 25 | $201.7M | $172.6M | ||
| Q1 25 | $211.2M | $111.4M | ||
| Q4 24 | $179.1M | $87.3M | ||
| Q3 24 | $176.6M | $150.5M | ||
| Q2 24 | $186.3M | $160.1M | ||
| Q1 24 | $215.2M | $110.6M |
| Q4 25 | $-6.9M | $-7.0M | ||
| Q3 25 | $3.8M | $8.1M | ||
| Q2 25 | $871.0K | $16.0M | ||
| Q1 25 | $-14.2M | $-6.0M | ||
| Q4 24 | $-7.2M | $-29.2M | ||
| Q3 24 | $-18.4M | $5.9M | ||
| Q2 24 | $-3.4M | $13.3M | ||
| Q1 24 | $3.6M | $-7.9M |
| 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% |
| Q4 25 | -3.7% | -10.7% | ||
| Q3 25 | 1.8% | 13.3% | ||
| Q2 25 | 0.2% | 14.3% | ||
| Q1 25 | 0.6% | -4.4% | ||
| Q4 24 | -4.9% | -14.9% | ||
| Q3 24 | -14.1% | 8.9% | ||
| Q2 24 | -3.7% | 12.5% | ||
| Q1 24 | 1.8% | -1.9% |
| Q4 25 | -3.5% | -7.0% | ||
| Q3 25 | 2.0% | 5.0% | ||
| Q2 25 | 0.4% | 9.3% | ||
| Q1 25 | -6.7% | -5.4% | ||
| Q4 24 | -4.0% | -33.4% | ||
| Q3 24 | -10.4% | 3.9% | ||
| Q2 24 | -1.8% | 8.3% | ||
| Q1 24 | 1.7% | -7.1% |
| Q4 25 | $-0.86 | $-0.06 | ||
| Q3 25 | $0.46 | $0.07 | ||
| Q2 25 | $0.11 | $0.13 | ||
| Q1 25 | $-1.70 | $-0.05 | ||
| Q4 24 | $-0.86 | $-0.24 | ||
| Q3 24 | $-2.21 | $0.05 | ||
| Q2 24 | $-0.42 | $0.11 | ||
| Q1 24 | $0.43 | $-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 | — | $279.8M |
| Stockholders' EquityBook value | $107.8M | $405.9M |
| Total Assets | $464.3M | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
| Q4 25 | $107.8M | $405.9M | ||
| Q3 25 | $113.2M | $408.4M | ||
| Q2 25 | $108.6M | $398.4M | ||
| Q1 25 | $113.2M | $381.1M | ||
| Q4 24 | $130.3M | $387.2M | ||
| Q3 24 | $136.6M | $416.6M | ||
| Q2 24 | $154.8M | $408.1M | ||
| Q1 24 | $157.7M | $391.8M |
| Q4 25 | $464.3M | $823.2M | ||
| Q3 25 | $457.4M | $844.4M | ||
| Q2 25 | $437.4M | $822.1M | ||
| Q1 25 | $462.8M | $824.6M | ||
| Q4 24 | $467.1M | $794.2M | ||
| Q3 24 | $506.7M | $853.4M | ||
| Q2 24 | $484.1M | $830.0M | ||
| Q1 24 | $518.7M | $808.6M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $8.6M | $23.3M |
| Free Cash FlowOCF − Capex | $767.0K | $14.1M |
| FCF MarginFCF / Revenue | 0.4% | 14.1% |
| Capex IntensityCapex / Revenue | 4.0% | 9.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $11.9M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.6M | $23.3M | ||
| Q3 25 | $3.9M | $51.0M | ||
| Q2 25 | $-11.0M | $36.0M | ||
| Q1 25 | $28.5M | $-46.9M | ||
| Q4 24 | $-18.4M | $6.2M | ||
| Q3 24 | $5.6M | $37.2M | ||
| Q2 24 | $-19.6M | $52.4M | ||
| Q1 24 | $23.3M | $-34.5M |
| Q4 25 | $767.0K | $14.1M | ||
| Q3 25 | $-1.7M | $45.2M | ||
| Q2 25 | $-13.1M | $29.1M | ||
| Q1 25 | $26.0M | $-50.3M | ||
| Q4 24 | $-20.4M | $-98.0K | ||
| Q3 24 | $1.7M | $33.2M | ||
| Q2 24 | $-21.2M | $47.9M | ||
| Q1 24 | $20.0M | $-39.9M |
| Q4 25 | 0.4% | 14.1% | ||
| Q3 25 | -0.9% | 27.9% | ||
| Q2 25 | -6.5% | 16.8% | ||
| Q1 25 | 12.3% | -45.2% | ||
| Q4 24 | -11.4% | -0.1% | ||
| Q3 24 | 0.9% | 22.1% | ||
| Q2 24 | -11.4% | 29.9% | ||
| Q1 24 | 9.3% | -36.0% |
| Q4 25 | 4.0% | 9.2% | ||
| Q3 25 | 2.9% | 3.6% | ||
| Q2 25 | 1.0% | 4.0% | ||
| Q1 25 | 1.2% | 3.1% | ||
| Q4 24 | 1.1% | 7.2% | ||
| Q3 24 | 2.2% | 2.7% | ||
| Q2 24 | 0.9% | 2.8% | ||
| Q1 24 | 1.5% | 4.8% |
| Q4 25 | — | — | ||
| Q3 25 | 1.01× | 6.29× | ||
| Q2 25 | -12.59× | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | 6.56× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTRN
Segment breakdown not available.
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
