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Side-by-side financial comparison of CULP INC (CULP) 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 $53.2M, roughly 1.9× CULP INC). Latham Group, Inc. runs the higher net margin — -7.0% vs -8.1%, a 1.1% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs -4.4%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $-510.0K). Over the past eight quarters, Latham Group, Inc.'s revenue compounded faster (-4.9% CAGR vs -6.2%).

Culp Inc is a leading global textile manufacturer specializing in upholstery fabrics for residential and commercial furniture, as well as mattress fabrics for bedding producers. It runs production and distribution facilities across North America, Asia, and Europe, serving clients across the global home furnishing and bedding sectors.

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.

CULP vs SWIM — Head-to-Head

Bigger by revenue
SWIM
SWIM
1.9× larger
SWIM
$100.0M
$53.2M
CULP
Growing faster (revenue YoY)
SWIM
SWIM
+19.0% gap
SWIM
14.5%
-4.4%
CULP
Higher net margin
SWIM
SWIM
1.1% more per $
SWIM
-7.0%
-8.1%
CULP
More free cash flow
SWIM
SWIM
$14.6M more FCF
SWIM
$14.1M
$-510.0K
CULP
Faster 2-yr revenue CAGR
SWIM
SWIM
Annualised
SWIM
-4.9%
-6.2%
CULP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CULP
CULP
SWIM
SWIM
Revenue
$53.2M
$100.0M
Net Profit
$-4.3M
$-7.0M
Gross Margin
10.9%
28.0%
Operating Margin
-6.5%
-10.7%
Net Margin
-8.1%
-7.0%
Revenue YoY
-4.4%
14.5%
Net Profit YoY
23.7%
76.0%
EPS (diluted)
$-0.34
$-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
CULP
CULP
SWIM
SWIM
Q4 25
$53.2M
$100.0M
Q3 25
$50.7M
$161.9M
Q2 25
$48.8M
$172.6M
Q1 25
$52.3M
$111.4M
Q4 24
$55.7M
$87.3M
Q3 24
$56.5M
$150.5M
Q2 24
$49.5M
$160.1M
Q1 24
$60.4M
$110.6M
Net Profit
CULP
CULP
SWIM
SWIM
Q4 25
$-4.3M
$-7.0M
Q3 25
$-231.0K
$8.1M
Q2 25
$-2.1M
$16.0M
Q1 25
$-4.1M
$-6.0M
Q4 24
$-5.6M
$-29.2M
Q3 24
$-7.3M
$5.9M
Q2 24
$-4.9M
$13.3M
Q1 24
$-3.2M
$-7.9M
Gross Margin
CULP
CULP
SWIM
SWIM
Q4 25
10.9%
28.0%
Q3 25
14.3%
35.4%
Q2 25
15.7%
37.1%
Q1 25
12.1%
29.5%
Q4 24
10.8%
24.6%
Q3 24
9.0%
32.4%
Q2 24
10.5%
33.1%
Q1 24
12.7%
27.7%
Operating Margin
CULP
CULP
SWIM
SWIM
Q4 25
-6.5%
-10.7%
Q3 25
3.2%
13.3%
Q2 25
-4.6%
14.3%
Q1 25
-7.4%
-4.4%
Q4 24
-9.7%
-14.9%
Q3 24
-12.1%
8.9%
Q2 24
-8.6%
12.5%
Q1 24
-2.9%
-1.9%
Net Margin
CULP
CULP
SWIM
SWIM
Q4 25
-8.1%
-7.0%
Q3 25
-0.5%
5.0%
Q2 25
-4.2%
9.3%
Q1 25
-7.9%
-5.4%
Q4 24
-10.1%
-33.4%
Q3 24
-12.8%
3.9%
Q2 24
-9.8%
8.3%
Q1 24
-5.3%
-7.1%
EPS (diluted)
CULP
CULP
SWIM
SWIM
Q4 25
$-0.34
$-0.06
Q3 25
$-0.02
$0.07
Q2 25
$-0.17
$0.13
Q1 25
$-0.33
$-0.05
Q4 24
$-0.45
$-0.24
Q3 24
$-0.58
$0.05
Q2 24
$-0.39
$0.11
Q1 24
$-0.26
$-0.07

Balance Sheet & Financial Strength

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

Metric
CULP
CULP
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
$10.7M
Total DebtLower is stronger
$279.8M
Stockholders' EquityBook value
$53.6M
$405.9M
Total Assets
$125.2M
$823.2M
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CULP
CULP
SWIM
SWIM
Q4 25
$10.7M
Q3 25
$11.1M
Q2 25
$5.6M
Q1 25
$5.3M
Q4 24
$10.5M
Q3 24
$13.5M
Q2 24
$10.0M
Q1 24
$12.6M
Total Debt
CULP
CULP
SWIM
SWIM
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
Stockholders' Equity
CULP
CULP
SWIM
SWIM
Q4 25
$53.6M
$405.9M
Q3 25
$57.6M
$408.4M
Q2 25
$57.6M
$398.4M
Q1 25
$59.6M
$381.1M
Q4 24
$63.6M
$387.2M
Q3 24
$69.1M
$416.6M
Q2 24
$76.1M
$408.1M
Q1 24
$80.8M
$391.8M
Total Assets
CULP
CULP
SWIM
SWIM
Q4 25
$125.2M
$823.2M
Q3 25
$126.4M
$844.4M
Q2 25
$123.4M
$822.1M
Q1 25
$127.6M
$824.6M
Q4 24
$129.0M
$794.2M
Q3 24
$129.1M
$853.4M
Q2 24
$132.1M
$830.0M
Q1 24
$142.0M
$808.6M
Debt / Equity
CULP
CULP
SWIM
SWIM
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
CULP
CULP
SWIM
SWIM
Operating Cash FlowLast quarter
$-471.0K
$23.3M
Free Cash FlowOCF − Capex
$-510.0K
$14.1M
FCF MarginFCF / Revenue
-1.0%
14.1%
Capex IntensityCapex / Revenue
0.1%
9.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-17.8M
$38.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CULP
CULP
SWIM
SWIM
Q4 25
$-471.0K
$23.3M
Q3 25
$-695.0K
$51.0M
Q2 25
$-8.2M
$36.0M
Q1 25
$-6.8M
$-46.9M
Q4 24
$-2.4M
$6.2M
Q3 24
$-206.0K
$37.2M
Q2 24
$-2.3M
$52.4M
Q1 24
$-1.5M
$-34.5M
Free Cash Flow
CULP
CULP
SWIM
SWIM
Q4 25
$-510.0K
$14.1M
Q3 25
$-874.0K
$45.2M
Q2 25
$-8.7M
$29.1M
Q1 25
$-7.7M
$-50.3M
Q4 24
$-3.5M
$-98.0K
Q3 24
$-707.0K
$33.2M
Q2 24
$-2.7M
$47.9M
Q1 24
$-2.8M
$-39.9M
FCF Margin
CULP
CULP
SWIM
SWIM
Q4 25
-1.0%
14.1%
Q3 25
-1.7%
27.9%
Q2 25
-17.9%
16.8%
Q1 25
-14.6%
-45.2%
Q4 24
-6.3%
-0.1%
Q3 24
-1.3%
22.1%
Q2 24
-5.5%
29.9%
Q1 24
-4.6%
-36.0%
Capex Intensity
CULP
CULP
SWIM
SWIM
Q4 25
0.1%
9.2%
Q3 25
0.4%
3.6%
Q2 25
1.0%
4.0%
Q1 25
1.6%
3.1%
Q4 24
1.9%
7.2%
Q3 24
0.9%
2.7%
Q2 24
0.9%
2.8%
Q1 24
2.1%
4.8%
Cash Conversion
CULP
CULP
SWIM
SWIM
Q4 25
Q3 25
6.29×
Q2 25
2.25×
Q1 25
Q4 24
Q3 24
6.32×
Q2 24
3.95×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CULP
CULP

Bedding Fabrics$30.8M58%
Upholstery$22.4M42%

SWIM
SWIM

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

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