vs

Side-by-side financial comparison of KITE REALTY GROUP TRUST (KRG) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.

KITE REALTY GROUP TRUST is the larger business by last-quarter revenue ($200.7M vs $117.3M, roughly 1.7× Latham Group, Inc.). KITE REALTY GROUP TRUST runs the higher net margin — 0.2% vs -7.3%, a 7.4% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (5.3% vs -9.2%). Over the past eight quarters, KITE REALTY GROUP TRUST's revenue compounded faster (-2.8% CAGR vs -14.4%).

Kite Realty Group Trust is a publicly traded U.S.-headquartered real estate investment trust. It primarily owns, operates, and develops high-quality open-air shopping centers and mixed-use properties, with a portfolio spanning key regional markets across the United States. Its tenant base includes national retail chains, local independent merchants, and dining and entertainment operators, serving local community consumer needs.

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.

KRG vs SWIM — Head-to-Head

Bigger by revenue
KRG
KRG
1.7× larger
KRG
$200.7M
$117.3M
SWIM
Growing faster (revenue YoY)
SWIM
SWIM
+14.5% gap
SWIM
5.3%
-9.2%
KRG
Higher net margin
KRG
KRG
7.4% more per $
KRG
0.2%
-7.3%
SWIM
Faster 2-yr revenue CAGR
KRG
KRG
Annualised
KRG
-2.8%
-14.4%
SWIM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
KRG
KRG
SWIM
SWIM
Revenue
$200.7M
$117.3M
Net Profit
$330.0K
$-8.5M
Gross Margin
31.7%
Operating Margin
Net Margin
0.2%
-7.3%
Revenue YoY
-9.2%
5.3%
Net Profit YoY
-51.6%
-43.1%
EPS (diluted)
$0.06
$-0.07

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
KRG
KRG
SWIM
SWIM
Q1 26
$200.7M
$117.3M
Q4 25
$204.2M
$100.0M
Q3 25
$205.1M
$161.9M
Q2 25
$213.4M
$172.6M
Q1 25
$221.8M
$111.4M
Q4 24
$214.7M
$87.3M
Q3 24
$207.3M
$150.5M
Q2 24
$212.4M
$160.1M
Net Profit
KRG
KRG
SWIM
SWIM
Q1 26
$330.0K
$-8.5M
Q4 25
$180.8M
$-7.0M
Q3 25
$-16.2M
$8.1M
Q2 25
$110.3M
$16.0M
Q1 25
$23.7M
$-6.0M
Q4 24
$21.8M
$-29.2M
Q3 24
$16.7M
$5.9M
Q2 24
$-48.6M
$13.3M
Gross Margin
KRG
KRG
SWIM
SWIM
Q1 26
31.7%
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%
Operating Margin
KRG
KRG
SWIM
SWIM
Q1 26
Q4 25
-10.7%
Q3 25
13.3%
Q2 25
14.3%
Q1 25
24.2%
-4.4%
Q4 24
23.0%
-14.9%
Q3 24
21.7%
8.9%
Q2 24
-10.5%
12.5%
Net Margin
KRG
KRG
SWIM
SWIM
Q1 26
0.2%
-7.3%
Q4 25
88.6%
-7.0%
Q3 25
-7.9%
5.0%
Q2 25
51.7%
9.3%
Q1 25
10.7%
-5.4%
Q4 24
10.2%
-33.4%
Q3 24
8.1%
3.9%
Q2 24
-22.9%
8.3%
EPS (diluted)
KRG
KRG
SWIM
SWIM
Q1 26
$0.06
$-0.07
Q4 25
$0.83
$-0.06
Q3 25
$-0.07
$0.07
Q2 25
$0.50
$0.13
Q1 25
$0.11
$-0.05
Q4 24
$0.10
$-0.24
Q3 24
$0.08
$0.05
Q2 24
$-0.22
$0.11

Balance Sheet & Financial Strength

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

Metric
KRG
KRG
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
$32.5M
Total DebtLower is stronger
$3.3M
Stockholders' EquityBook value
$2.9B
$396.7M
Total Assets
$6.4B
$856.4M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRG
KRG
SWIM
SWIM
Q1 26
$32.5M
Q4 25
$36.8M
Q3 25
$68.7M
Q2 25
$182.0M
Q1 25
$49.1M
Q4 24
$478.1M
Q3 24
$467.5M
Q2 24
$273.8M
Total Debt
KRG
KRG
SWIM
SWIM
Q1 26
$3.3M
Q4 25
$3.0B
$279.8M
Q3 25
$2.9B
$281.1M
Q2 25
$3.0B
$281.5M
Q1 25
$2.9B
$306.9M
Q4 24
$3.2B
$281.5M
Q3 24
$3.2B
$282.8M
Q2 24
$3.0B
$282.4M
Stockholders' Equity
KRG
KRG
SWIM
SWIM
Q1 26
$2.9B
$396.7M
Q4 25
$3.1B
$405.9M
Q3 25
$3.2B
$408.4M
Q2 25
$3.3B
$398.4M
Q1 25
$3.3B
$381.1M
Q4 24
$3.3B
$387.2M
Q3 24
$3.3B
$416.6M
Q2 24
$3.4B
$408.1M
Total Assets
KRG
KRG
SWIM
SWIM
Q1 26
$6.4B
$856.4M
Q4 25
$6.7B
$823.2M
Q3 25
$6.6B
$844.4M
Q2 25
$6.9B
$822.1M
Q1 25
$6.7B
$824.6M
Q4 24
$7.1B
$794.2M
Q3 24
$7.1B
$853.4M
Q2 24
$7.0B
$830.0M
Debt / Equity
KRG
KRG
SWIM
SWIM
Q1 26
0.01×
Q4 25
0.98×
0.69×
Q3 25
0.93×
0.69×
Q2 25
0.91×
0.71×
Q1 25
0.89×
0.81×
Q4 24
0.97×
0.73×
Q3 24
0.97×
0.68×
Q2 24
0.88×
0.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KRG
KRG
SWIM
SWIM
Operating Cash FlowLast quarter
$-47.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRG
KRG
SWIM
SWIM
Q1 26
$-47.7M
Q4 25
$106.6M
$23.3M
Q3 25
$116.2M
$51.0M
Q2 25
$132.8M
$36.0M
Q1 25
$74.1M
$-46.9M
Q4 24
$111.0M
$6.2M
Q3 24
$112.4M
$37.2M
Q2 24
$142.1M
$52.4M
Free Cash Flow
KRG
KRG
SWIM
SWIM
Q1 26
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
FCF Margin
KRG
KRG
SWIM
SWIM
Q1 26
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%
Capex Intensity
KRG
KRG
SWIM
SWIM
Q1 26
3.3%
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%
Cash Conversion
KRG
KRG
SWIM
SWIM
Q1 26
Q4 25
0.59×
Q3 25
6.29×
Q2 25
1.20×
2.25×
Q1 25
3.12×
Q4 24
5.09×
Q3 24
6.72×
6.32×
Q2 24
3.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KRG
KRG

Rental income$198.0M99%
Fee income$1.3M1%

SWIM
SWIM

Segment breakdown not available.

Related Comparisons