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Side-by-side financial comparison of Loar Holdings Inc. (LOAR) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Loar Holdings Inc. is the larger business by last-quarter revenue ($131.8M vs $100.0M, roughly 1.3× Latham Group, Inc.). Loar Holdings Inc. runs the higher net margin — 9.5% vs -7.0%, a 16.5% gap on every dollar of revenue. On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs 14.5%). Over the past eight quarters, Loar Holdings Inc.'s revenue compounded faster (19.8% CAGR vs -4.9%).
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.
LOAR vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $131.8M | $100.0M |
| Net Profit | $12.5M | $-7.0M |
| Gross Margin | 52.1% | 28.0% |
| Operating Margin | 18.0% | -10.7% |
| Net Margin | 9.5% | -7.0% |
| Revenue YoY | 19.3% | 14.5% |
| Net Profit YoY | 239.5% | 76.0% |
| EPS (diluted) | $0.13 | $-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 | $131.8M | $100.0M | ||
| Q3 25 | $126.8M | $161.9M | ||
| Q2 25 | $123.1M | $172.6M | ||
| Q1 25 | $114.7M | $111.4M | ||
| Q4 24 | $110.4M | $87.3M | ||
| Q3 24 | $103.5M | $150.5M | ||
| Q2 24 | $97.0M | $160.1M | ||
| Q1 24 | $91.8M | $110.6M |
| Q4 25 | $12.5M | $-7.0M | ||
| Q3 25 | $27.6M | $8.1M | ||
| Q2 25 | $16.7M | $16.0M | ||
| Q1 25 | $15.3M | $-6.0M | ||
| Q4 24 | $3.7M | $-29.2M | ||
| Q3 24 | $8.7M | $5.9M | ||
| Q2 24 | $7.6M | $13.3M | ||
| Q1 24 | $2.2M | $-7.9M |
| Q4 25 | 52.1% | 28.0% | ||
| Q3 25 | 52.7% | 35.4% | ||
| Q2 25 | 53.8% | 37.1% | ||
| Q1 25 | 52.1% | 29.5% | ||
| Q4 24 | 48.9% | 24.6% | ||
| Q3 24 | 51.1% | 32.4% | ||
| Q2 24 | 49.0% | 33.1% | ||
| Q1 24 | 48.4% | 27.7% |
| Q4 25 | 18.0% | -10.7% | ||
| Q3 25 | 22.9% | 13.3% | ||
| Q2 25 | 22.2% | 14.3% | ||
| Q1 25 | 22.8% | -4.4% | ||
| Q4 24 | 19.2% | -14.9% | ||
| Q3 24 | 22.1% | 8.9% | ||
| Q2 24 | 22.9% | 12.5% | ||
| Q1 24 | 23.3% | -1.9% |
| Q4 25 | 9.5% | -7.0% | ||
| Q3 25 | 21.8% | 5.0% | ||
| Q2 25 | 13.6% | 9.3% | ||
| Q1 25 | 13.4% | -5.4% | ||
| Q4 24 | 3.3% | -33.4% | ||
| Q3 24 | 8.4% | 3.9% | ||
| Q2 24 | 7.9% | 8.3% | ||
| Q1 24 | 2.4% | -7.1% |
| Q4 25 | $0.13 | $-0.06 | ||
| Q3 25 | $0.29 | $0.07 | ||
| Q2 25 | $0.17 | $0.13 | ||
| Q1 25 | $0.16 | $-0.05 | ||
| Q4 24 | $-11023.48 | $-0.24 | ||
| Q3 24 | $0.09 | $0.05 | ||
| Q2 24 | $0.09 | $0.11 | ||
| Q1 24 | $11023.54 | $-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 | $84.8M | — |
| Total DebtLower is stronger | $715.7M | $279.8M |
| Stockholders' EquityBook value | $1.2B | $405.9M |
| Total Assets | $2.0B | $823.2M |
| Debt / EquityLower = less leverage | 0.61× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $84.8M | — | ||
| Q3 25 | $99.0M | — | ||
| Q2 25 | $103.3M | — | ||
| Q1 25 | $80.5M | — | ||
| Q4 24 | $54.1M | — | ||
| Q3 24 | $55.2M | — | ||
| Q2 24 | $73.2M | — | ||
| Q1 24 | $28.2M | — |
| Q4 25 | $715.7M | $279.8M | ||
| Q3 25 | $279.4M | $281.1M | ||
| Q2 25 | $277.7M | $281.5M | ||
| Q1 25 | $277.5M | $306.9M | ||
| Q4 24 | $277.3M | $281.5M | ||
| Q3 24 | $602.1M | $282.8M | ||
| Q2 24 | $250.7M | $282.4M | ||
| Q1 24 | $534.2M | $282.8M |
| Q4 25 | $1.2B | $405.9M | ||
| Q3 25 | $1.2B | $408.4M | ||
| Q2 25 | $1.1B | $398.4M | ||
| Q1 25 | $1.1B | $381.1M | ||
| Q4 24 | $1.1B | $387.2M | ||
| Q3 24 | $769.8M | $416.6M | ||
| Q2 24 | $758.4M | $408.1M | ||
| Q1 24 | $420.6M | $391.8M |
| Q4 25 | $2.0B | $823.2M | ||
| Q3 25 | $1.5B | $844.4M | ||
| Q2 25 | $1.5B | $822.1M | ||
| Q1 25 | $1.5B | $824.6M | ||
| Q4 24 | $1.5B | $794.2M | ||
| Q3 24 | $1.5B | $853.4M | ||
| Q2 24 | $1.1B | $830.0M | ||
| Q1 24 | $1.1B | $808.6M |
| Q4 25 | 0.61× | 0.69× | ||
| Q3 25 | 0.24× | 0.69× | ||
| Q2 25 | 0.25× | 0.71× | ||
| Q1 25 | 0.25× | 0.81× | ||
| Q4 24 | 0.25× | 0.73× | ||
| Q3 24 | 0.78× | 0.68× | ||
| Q2 24 | 0.33× | 0.69× | ||
| Q1 24 | 1.27× | 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 | $30.4M | $23.3M |
| Free Cash FlowOCF − Capex | — | $14.1M |
| FCF MarginFCF / Revenue | — | 14.1% |
| Capex IntensityCapex / Revenue | — | 9.2% |
| Cash ConversionOCF / Net Profit | 2.43× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.4M | $23.3M | ||
| Q3 25 | $29.7M | $51.0M | ||
| Q2 25 | $23.8M | $36.0M | ||
| Q1 25 | $28.4M | $-46.9M | ||
| Q4 24 | $20.7M | $6.2M | ||
| Q3 24 | $16.3M | $37.2M | ||
| Q2 24 | $7.1M | $52.4M | ||
| Q1 24 | $10.8M | $-34.5M |
| 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 | ||
| Q1 24 | — | $-39.9M |
| 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% | ||
| Q1 24 | — | -36.0% |
| 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% | ||
| Q1 24 | — | 4.8% |
| Q4 25 | 2.43× | — | ||
| Q3 25 | 1.08× | 6.29× | ||
| Q2 25 | 1.42× | 2.25× | ||
| Q1 25 | 1.85× | — | ||
| Q4 24 | 5.62× | — | ||
| Q3 24 | 1.89× | 6.32× | ||
| Q2 24 | 0.93× | 3.95× | ||
| Q1 24 | 4.81× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LOAR
| Other | $76.8M | 58% |
| Commercial Aerospace | $21.2M | 16% |
| Business Jet And General Aviation | $17.6M | 13% |
| Defense | $16.2M | 12% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
