vs

Side-by-side financial comparison of Elme Communities (ELME) 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 $62.1M, roughly 1.6× Elme Communities). Latham Group, Inc. runs the higher net margin — -7.0% vs -198.9%, a 191.9% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 1.7%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $7.2M). Over the past eight quarters, Elme Communities's revenue compounded faster (2.7% CAGR vs -4.9%).

Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.

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.

ELME vs SWIM — Head-to-Head

Bigger by revenue
SWIM
SWIM
1.6× larger
SWIM
$100.0M
$62.1M
ELME
Growing faster (revenue YoY)
SWIM
SWIM
+12.8% gap
SWIM
14.5%
1.7%
ELME
Higher net margin
SWIM
SWIM
191.9% more per $
SWIM
-7.0%
-198.9%
ELME
More free cash flow
SWIM
SWIM
$6.9M more FCF
SWIM
$14.1M
$7.2M
ELME
Faster 2-yr revenue CAGR
ELME
ELME
Annualised
ELME
2.7%
-4.9%
SWIM

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ELME
ELME
SWIM
SWIM
Revenue
$62.1M
$100.0M
Net Profit
$-123.5M
$-7.0M
Gross Margin
61.1%
28.0%
Operating Margin
-183.3%
-10.7%
Net Margin
-198.9%
-7.0%
Revenue YoY
1.7%
14.5%
Net Profit YoY
-4058.7%
76.0%
EPS (diluted)
$-1.40
$-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
ELME
ELME
SWIM
SWIM
Q4 25
$100.0M
Q3 25
$62.1M
$161.9M
Q2 25
$62.1M
$172.6M
Q1 25
$61.5M
$111.4M
Q4 24
$61.3M
$87.3M
Q3 24
$61.1M
$150.5M
Q2 24
$60.1M
$160.1M
Q1 24
$59.5M
$110.6M
Net Profit
ELME
ELME
SWIM
SWIM
Q4 25
$-7.0M
Q3 25
$-123.5M
$8.1M
Q2 25
$-3.6M
$16.0M
Q1 25
$-4.7M
$-6.0M
Q4 24
$-3.0M
$-29.2M
Q3 24
$-3.0M
$5.9M
Q2 24
$-3.5M
$13.3M
Q1 24
$-3.6M
$-7.9M
Gross Margin
ELME
ELME
SWIM
SWIM
Q4 25
28.0%
Q3 25
61.1%
35.4%
Q2 25
63.5%
37.1%
Q1 25
64.2%
29.5%
Q4 24
62.9%
24.6%
Q3 24
63.5%
32.4%
Q2 24
63.4%
33.1%
Q1 24
63.5%
27.7%
Operating Margin
ELME
ELME
SWIM
SWIM
Q4 25
-10.7%
Q3 25
-183.3%
13.3%
Q2 25
9.6%
14.3%
Q1 25
7.8%
-4.4%
Q4 24
10.4%
-14.9%
Q3 24
11.0%
8.9%
Q2 24
9.8%
12.5%
Q1 24
7.5%
-1.9%
Net Margin
ELME
ELME
SWIM
SWIM
Q4 25
-7.0%
Q3 25
-198.9%
5.0%
Q2 25
-5.7%
9.3%
Q1 25
-7.6%
-5.4%
Q4 24
-4.9%
-33.4%
Q3 24
-4.9%
3.9%
Q2 24
-5.8%
8.3%
Q1 24
-6.1%
-7.1%
EPS (diluted)
ELME
ELME
SWIM
SWIM
Q4 25
$-0.06
Q3 25
$-1.40
$0.07
Q2 25
$-0.04
$0.13
Q1 25
$-0.05
$-0.05
Q4 24
$-0.04
$-0.24
Q3 24
$-0.03
$0.05
Q2 24
$-0.04
$0.11
Q1 24
$-0.04
$-0.07

Balance Sheet & Financial Strength

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

Metric
ELME
ELME
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
$7.1M
Total DebtLower is stronger
$279.8M
Stockholders' EquityBook value
$908.9M
$405.9M
Total Assets
$1.7B
$823.2M
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELME
ELME
SWIM
SWIM
Q4 25
Q3 25
$7.1M
Q2 25
$4.8M
Q1 25
$6.4M
Q4 24
$6.1M
Q3 24
$4.8M
Q2 24
$5.6M
Q1 24
$4.2M
Total Debt
ELME
ELME
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
ELME
ELME
SWIM
SWIM
Q4 25
$405.9M
Q3 25
$908.9M
$408.4M
Q2 25
$1.0B
$398.4M
Q1 25
$1.1B
$381.1M
Q4 24
$1.1B
$387.2M
Q3 24
$1.1B
$416.6M
Q2 24
$1.1B
$408.1M
Q1 24
$1.1B
$391.8M
Total Assets
ELME
ELME
SWIM
SWIM
Q4 25
$823.2M
Q3 25
$1.7B
$844.4M
Q2 25
$1.8B
$822.1M
Q1 25
$1.8B
$824.6M
Q4 24
$1.8B
$794.2M
Q3 24
$1.9B
$853.4M
Q2 24
$1.9B
$830.0M
Q1 24
$1.9B
$808.6M
Debt / Equity
ELME
ELME
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
ELME
ELME
SWIM
SWIM
Operating Cash FlowLast quarter
$15.9M
$23.3M
Free Cash FlowOCF − Capex
$7.2M
$14.1M
FCF MarginFCF / Revenue
11.6%
14.1%
Capex IntensityCapex / Revenue
14.0%
9.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$86.7M
$38.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELME
ELME
SWIM
SWIM
Q4 25
$23.3M
Q3 25
$15.9M
$51.0M
Q2 25
$29.8M
$36.0M
Q1 25
$16.2M
$-46.9M
Q4 24
$95.2M
$6.2M
Q3 24
$20.7M
$37.2M
Q2 24
$28.9M
$52.4M
Q1 24
$21.2M
$-34.5M
Free Cash Flow
ELME
ELME
SWIM
SWIM
Q4 25
$14.1M
Q3 25
$7.2M
$45.2M
Q2 25
$21.1M
$29.1M
Q1 25
$10.5M
$-50.3M
Q4 24
$47.9M
$-98.0K
Q3 24
$8.8M
$33.2M
Q2 24
$21.0M
$47.9M
Q1 24
$7.6M
$-39.9M
FCF Margin
ELME
ELME
SWIM
SWIM
Q4 25
14.1%
Q3 25
11.6%
27.9%
Q2 25
34.1%
16.8%
Q1 25
17.1%
-45.2%
Q4 24
78.1%
-0.1%
Q3 24
14.4%
22.1%
Q2 24
34.9%
29.9%
Q1 24
12.8%
-36.0%
Capex Intensity
ELME
ELME
SWIM
SWIM
Q4 25
9.2%
Q3 25
14.0%
3.6%
Q2 25
14.0%
4.0%
Q1 25
9.2%
3.1%
Q4 24
77.4%
7.2%
Q3 24
19.4%
2.7%
Q2 24
13.1%
2.8%
Q1 24
22.9%
4.8%
Cash Conversion
ELME
ELME
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

ELME
ELME

Residential Segment$57.7M93%
Other$4.4M7%

SWIM
SWIM

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

Related Comparisons