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Side-by-side financial comparison of MEDALLION FINANCIAL CORP (MFIN) 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 $70.6M, roughly 1.4× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs -7.0%, a 24.3% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs 14.5%). Over the past eight quarters, MEDALLION FINANCIAL CORP's revenue compounded faster (15.0% CAGR vs -4.9%).

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

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.

MFIN vs SWIM — Head-to-Head

Bigger by revenue
SWIM
SWIM
1.4× larger
SWIM
$100.0M
$70.6M
MFIN
Growing faster (revenue YoY)
MFIN
MFIN
+10.9% gap
MFIN
25.4%
14.5%
SWIM
Higher net margin
MFIN
MFIN
24.3% more per $
MFIN
17.3%
-7.0%
SWIM
Faster 2-yr revenue CAGR
MFIN
MFIN
Annualised
MFIN
15.0%
-4.9%
SWIM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MFIN
MFIN
SWIM
SWIM
Revenue
$70.6M
$100.0M
Net Profit
$12.2M
$-7.0M
Gross Margin
28.0%
Operating Margin
29.3%
-10.7%
Net Margin
17.3%
-7.0%
Revenue YoY
25.4%
14.5%
Net Profit YoY
20.3%
76.0%
EPS (diluted)
$0.50
$-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
MFIN
MFIN
SWIM
SWIM
Q4 25
$70.6M
$100.0M
Q3 25
$58.7M
$161.9M
Q2 25
$62.6M
$172.6M
Q1 25
$63.0M
$111.4M
Q4 24
$56.3M
$87.3M
Q3 24
$53.3M
$150.5M
Q2 24
$51.0M
$160.1M
Q1 24
$53.3M
$110.6M
Net Profit
MFIN
MFIN
SWIM
SWIM
Q4 25
$12.2M
$-7.0M
Q3 25
$7.8M
$8.1M
Q2 25
$11.1M
$16.0M
Q1 25
$12.0M
$-6.0M
Q4 24
$10.1M
$-29.2M
Q3 24
$8.6M
$5.9M
Q2 24
$7.1M
$13.3M
Q1 24
$10.0M
$-7.9M
Gross Margin
MFIN
MFIN
SWIM
SWIM
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%
Operating Margin
MFIN
MFIN
SWIM
SWIM
Q4 25
29.3%
-10.7%
Q3 25
33.2%
13.3%
Q2 25
31.1%
14.3%
Q1 25
32.1%
-4.4%
Q4 24
32.8%
-14.9%
Q3 24
26.6%
8.9%
Q2 24
24.3%
12.5%
Q1 24
33.6%
-1.9%
Net Margin
MFIN
MFIN
SWIM
SWIM
Q4 25
17.3%
-7.0%
Q3 25
13.2%
5.0%
Q2 25
17.7%
9.3%
Q1 25
19.1%
-5.4%
Q4 24
18.0%
-33.4%
Q3 24
16.1%
3.9%
Q2 24
13.9%
8.3%
Q1 24
18.8%
-7.1%
EPS (diluted)
MFIN
MFIN
SWIM
SWIM
Q4 25
$0.50
$-0.06
Q3 25
$0.32
$0.07
Q2 25
$0.46
$0.13
Q1 25
$0.50
$-0.05
Q4 24
$0.43
$-0.24
Q3 24
$0.37
$0.05
Q2 24
$0.30
$0.11
Q1 24
$0.42
$-0.07

Balance Sheet & Financial Strength

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

Metric
MFIN
MFIN
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
$136.3M
Total DebtLower is stronger
$216.0M
$279.8M
Stockholders' EquityBook value
$408.6M
$405.9M
Total Assets
$3.0B
$823.2M
Debt / EquityLower = less leverage
0.53×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MFIN
MFIN
SWIM
SWIM
Q4 25
$136.3M
Q3 25
$72.5M
Q2 25
$110.4M
Q1 25
$131.5M
Q4 24
$98.2M
Q3 24
$120.6M
Q2 24
$87.7M
Q1 24
$54.8M
Total Debt
MFIN
MFIN
SWIM
SWIM
Q4 25
$216.0M
$279.8M
Q3 25
$215.7M
$281.1M
Q2 25
$199.9M
$281.5M
Q1 25
$199.7M
$306.9M
Q4 24
$232.2M
$281.5M
Q3 24
$232.0M
$282.8M
Q2 24
$230.8M
$282.4M
Q1 24
$225.6M
$282.8M
Stockholders' Equity
MFIN
MFIN
SWIM
SWIM
Q4 25
$408.6M
$405.9M
Q3 25
$397.4M
$408.4M
Q2 25
$389.9M
$398.4M
Q1 25
$380.2M
$381.1M
Q4 24
$370.2M
$387.2M
Q3 24
$362.4M
$416.6M
Q2 24
$354.0M
$408.1M
Q1 24
$349.0M
$391.8M
Total Assets
MFIN
MFIN
SWIM
SWIM
Q4 25
$3.0B
$823.2M
Q3 25
$2.9B
$844.4M
Q2 25
$2.9B
$822.1M
Q1 25
$2.8B
$824.6M
Q4 24
$2.9B
$794.2M
Q3 24
$2.9B
$853.4M
Q2 24
$2.8B
$830.0M
Q1 24
$2.6B
$808.6M
Debt / Equity
MFIN
MFIN
SWIM
SWIM
Q4 25
0.53×
0.69×
Q3 25
0.54×
0.69×
Q2 25
0.51×
0.71×
Q1 25
0.53×
0.81×
Q4 24
0.63×
0.73×
Q3 24
0.64×
0.68×
Q2 24
0.65×
0.69×
Q1 24
0.65×
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
MFIN
MFIN
SWIM
SWIM
Operating Cash FlowLast quarter
$126.3M
$23.3M
Free Cash FlowOCF − Capex
$14.1M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
9.2%
Cash ConversionOCF / Net Profit
10.35×
TTM Free Cash FlowTrailing 4 quarters
$38.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MFIN
MFIN
SWIM
SWIM
Q4 25
$126.3M
$23.3M
Q3 25
$67.0M
$51.0M
Q2 25
$-10.7M
$36.0M
Q1 25
$36.3M
$-46.9M
Q4 24
$108.7M
$6.2M
Q3 24
$24.6M
$37.2M
Q2 24
$27.6M
$52.4M
Q1 24
$32.3M
$-34.5M
Free Cash Flow
MFIN
MFIN
SWIM
SWIM
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
FCF Margin
MFIN
MFIN
SWIM
SWIM
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%
Capex Intensity
MFIN
MFIN
SWIM
SWIM
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%
Cash Conversion
MFIN
MFIN
SWIM
SWIM
Q4 25
10.35×
Q3 25
8.63×
6.29×
Q2 25
-0.97×
2.25×
Q1 25
3.02×
Q4 24
10.72×
Q3 24
2.86×
6.32×
Q2 24
3.89×
3.95×
Q1 24
3.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MFIN
MFIN

Segment breakdown not available.

SWIM
SWIM

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

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