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Side-by-side financial comparison of InvenTrust Properties Corp. (IVT) 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 $77.4M, roughly 1.3× InvenTrust Properties Corp.). InvenTrust Properties Corp. runs the higher net margin — 3.4% vs -7.0%, a 10.5% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 8.6%). InvenTrust Properties Corp. produced more free cash flow last quarter ($110.9M vs $14.1M). Over the past eight quarters, InvenTrust Properties Corp.'s revenue compounded faster (7.6% CAGR vs -4.9%).
InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.
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.
IVT vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $77.4M | $100.0M |
| Net Profit | $2.7M | $-7.0M |
| Gross Margin | — | 28.0% |
| Operating Margin | -11.0% | -10.7% |
| Net Margin | 3.4% | -7.0% |
| Revenue YoY | 8.6% | 14.5% |
| Net Profit YoY | -72.8% | 76.0% |
| EPS (diluted) | $0.02 | $-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 | $77.4M | $100.0M | ||
| Q3 25 | $74.5M | $161.9M | ||
| Q2 25 | $73.6M | $172.6M | ||
| Q1 25 | $73.8M | $111.4M | ||
| Q4 24 | $71.2M | $87.3M | ||
| Q3 24 | $68.5M | $150.5M | ||
| Q2 24 | $67.4M | $160.1M | ||
| Q1 24 | $66.8M | $110.6M |
| Q4 25 | $2.7M | $-7.0M | ||
| Q3 25 | $6.0M | $8.1M | ||
| Q2 25 | $95.9M | $16.0M | ||
| Q1 25 | $6.8M | $-6.0M | ||
| Q4 24 | $9.8M | $-29.2M | ||
| Q3 24 | $-539.0K | $5.9M | ||
| Q2 24 | $1.5M | $13.3M | ||
| Q1 24 | $2.9M | $-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 | -11.0% | -10.7% | ||
| Q3 25 | -9.8% | 13.3% | ||
| Q2 25 | — | 14.3% | ||
| Q1 25 | -10.5% | -4.4% | ||
| Q4 24 | -3.6% | -14.9% | ||
| Q3 24 | -18.7% | 8.9% | ||
| Q2 24 | -13.6% | 12.5% | ||
| Q1 24 | -13.1% | -1.9% |
| Q4 25 | 3.4% | -7.0% | ||
| Q3 25 | 8.1% | 5.0% | ||
| Q2 25 | 130.4% | 9.3% | ||
| Q1 25 | 9.2% | -5.4% | ||
| Q4 24 | 13.8% | -33.4% | ||
| Q3 24 | -0.8% | 3.9% | ||
| Q2 24 | 2.2% | 8.3% | ||
| Q1 24 | 4.3% | -7.1% |
| Q4 25 | $0.02 | $-0.06 | ||
| Q3 25 | $0.08 | $0.07 | ||
| Q2 25 | $1.23 | $0.13 | ||
| Q1 25 | $0.09 | $-0.05 | ||
| Q4 24 | $0.14 | $-0.24 | ||
| Q3 24 | $-0.01 | $0.05 | ||
| Q2 24 | $0.02 | $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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $825.9M | $279.8M |
| Stockholders' EquityBook value | $1.8B | $405.9M |
| Total Assets | $2.8B | $823.2M |
| Debt / EquityLower = less leverage | 0.46× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $825.9M | $279.8M | ||
| Q3 25 | $764.6M | $281.1M | ||
| Q2 25 | $746.3M | $281.5M | ||
| Q1 25 | $740.7M | $306.9M | ||
| Q4 24 | $740.4M | $281.5M | ||
| Q3 24 | $740.1M | $282.8M | ||
| Q2 24 | $812.2M | $282.4M | ||
| Q1 24 | $827.5M | $282.8M |
| Q4 25 | $1.8B | $405.9M | ||
| Q3 25 | $1.8B | $408.4M | ||
| Q2 25 | $1.8B | $398.4M | ||
| Q1 25 | $1.7B | $381.1M | ||
| Q4 24 | $1.8B | $387.2M | ||
| Q3 24 | $1.8B | $416.6M | ||
| Q2 24 | $1.5B | $408.1M | ||
| Q1 24 | $1.5B | $391.8M |
| Q4 25 | $2.8B | $823.2M | ||
| Q3 25 | $2.7B | $844.4M | ||
| Q2 25 | $2.7B | $822.1M | ||
| Q1 25 | $2.6B | $824.6M | ||
| Q4 24 | $2.6B | $794.2M | ||
| Q3 24 | $2.6B | $853.4M | ||
| Q2 24 | $2.5B | $830.0M | ||
| Q1 24 | $2.5B | $808.6M |
| Q4 25 | 0.46× | 0.69× | ||
| Q3 25 | 0.42× | 0.69× | ||
| Q2 25 | 0.41× | 0.71× | ||
| Q1 25 | 0.42× | 0.81× | ||
| Q4 24 | 0.42× | 0.73× | ||
| Q3 24 | 0.42× | 0.68× | ||
| Q2 24 | 0.53× | 0.69× | ||
| Q1 24 | 0.53× | 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 | $155.4M | $23.3M |
| Free Cash FlowOCF − Capex | $110.9M | $14.1M |
| FCF MarginFCF / Revenue | 143.3% | 14.1% |
| Capex IntensityCapex / Revenue | 57.5% | 9.2% |
| Cash ConversionOCF / Net Profit | 58.41× | — |
| TTM Free Cash FlowTrailing 4 quarters | $193.1M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $155.4M | $23.3M | ||
| Q3 25 | $43.8M | $51.0M | ||
| Q2 25 | $48.7M | $36.0M | ||
| Q1 25 | $20.2M | $-46.9M | ||
| Q4 24 | $136.9M | $6.2M | ||
| Q3 24 | $38.4M | $37.2M | ||
| Q2 24 | $46.7M | $52.4M | ||
| Q1 24 | $14.8M | $-34.5M |
| Q4 25 | $110.9M | $14.1M | ||
| Q3 25 | $31.4M | $45.2M | ||
| Q2 25 | $38.0M | $29.1M | ||
| Q1 25 | $12.8M | $-50.3M | ||
| Q4 24 | $100.8M | $-98.0K | ||
| Q3 24 | $29.3M | $33.2M | ||
| Q2 24 | $37.2M | $47.9M | ||
| Q1 24 | $7.7M | $-39.9M |
| Q4 25 | 143.3% | 14.1% | ||
| Q3 25 | 42.2% | 27.9% | ||
| Q2 25 | 51.6% | 16.8% | ||
| Q1 25 | 17.4% | -45.2% | ||
| Q4 24 | 141.5% | -0.1% | ||
| Q3 24 | 42.8% | 22.1% | ||
| Q2 24 | 55.2% | 29.9% | ||
| Q1 24 | 11.5% | -36.0% |
| Q4 25 | 57.5% | 9.2% | ||
| Q3 25 | 16.7% | 3.6% | ||
| Q2 25 | 14.6% | 4.0% | ||
| Q1 25 | 10.0% | 3.1% | ||
| Q4 24 | 50.7% | 7.2% | ||
| Q3 24 | 13.3% | 2.7% | ||
| Q2 24 | 14.0% | 2.8% | ||
| Q1 24 | 10.6% | 4.8% |
| Q4 25 | 58.41× | — | ||
| Q3 25 | 7.27× | 6.29× | ||
| Q2 25 | 0.51× | 2.25× | ||
| Q1 25 | 2.97× | — | ||
| Q4 24 | 13.97× | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | 31.15× | 3.95× | ||
| Q1 24 | 5.10× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IVT
Segment breakdown not available.
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
