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Side-by-side financial comparison of Proficient Auto Logistics, Inc (PAL) 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 $91.5M, roughly 1.1× Proficient Auto Logistics, Inc). Proficient Auto Logistics, Inc runs the higher net margin — -1.5% vs -7.0%, a 5.5% gap on every dollar of revenue.

Proficient Auto Logistics, Inc. is a specialized automotive sector logistics provider. It offers tailored solutions including finished vehicle transport, auto parts storage and distribution, and supply chain support for automotive industry stakeholders, prioritizing reliable, efficient service delivery.

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.

PAL vs SWIM — Head-to-Head

Bigger by revenue
SWIM
SWIM
1.1× larger
SWIM
$100.0M
$91.5M
PAL
Higher net margin
PAL
PAL
5.5% more per $
PAL
-1.5%
-7.0%
SWIM

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
PAL
PAL
SWIM
SWIM
Revenue
$91.5M
$100.0M
Net Profit
$-1.4M
$-7.0M
Gross Margin
28.0%
Operating Margin
-2.4%
-10.7%
Net Margin
-1.5%
-7.0%
Revenue YoY
14.5%
Net Profit YoY
76.0%
EPS (diluted)
$-0.05
$-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
PAL
PAL
SWIM
SWIM
Q4 25
$100.0M
Q3 25
$161.9M
Q2 25
$172.6M
Q1 25
$111.4M
Q4 24
$87.3M
Q3 24
$91.5M
$150.5M
Q2 24
$160.1M
Q1 24
$110.6M
Net Profit
PAL
PAL
SWIM
SWIM
Q4 25
$-7.0M
Q3 25
$8.1M
Q2 25
$16.0M
Q1 25
$-6.0M
Q4 24
$-29.2M
Q3 24
$-1.4M
$5.9M
Q2 24
$13.3M
Q1 24
$-7.9M
Gross Margin
PAL
PAL
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
PAL
PAL
SWIM
SWIM
Q4 25
-10.7%
Q3 25
13.3%
Q2 25
14.3%
Q1 25
-4.4%
Q4 24
-14.9%
Q3 24
-2.4%
8.9%
Q2 24
12.5%
Q1 24
-1.9%
Net Margin
PAL
PAL
SWIM
SWIM
Q4 25
-7.0%
Q3 25
5.0%
Q2 25
9.3%
Q1 25
-5.4%
Q4 24
-33.4%
Q3 24
-1.5%
3.9%
Q2 24
8.3%
Q1 24
-7.1%
EPS (diluted)
PAL
PAL
SWIM
SWIM
Q4 25
$-0.06
Q3 25
$0.07
Q2 25
$0.13
Q1 25
$-0.05
Q4 24
$-0.24
Q3 24
$-0.05
$0.05
Q2 24
$0.11
Q1 24
$-0.07

Balance Sheet & Financial Strength

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

Metric
PAL
PAL
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
$16.8M
Total DebtLower is stronger
$64.0M
$279.8M
Stockholders' EquityBook value
$338.5M
$405.9M
Total Assets
$498.2M
$823.2M
Debt / EquityLower = less leverage
0.19×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAL
PAL
SWIM
SWIM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$16.8M
Q2 24
Q1 24
Total Debt
PAL
PAL
SWIM
SWIM
Q4 25
$279.8M
Q3 25
$281.1M
Q2 25
$281.5M
Q1 25
$306.9M
Q4 24
$281.5M
Q3 24
$64.0M
$282.8M
Q2 24
$282.4M
Q1 24
$282.8M
Stockholders' Equity
PAL
PAL
SWIM
SWIM
Q4 25
$405.9M
Q3 25
$408.4M
Q2 25
$398.4M
Q1 25
$381.1M
Q4 24
$387.2M
Q3 24
$338.5M
$416.6M
Q2 24
$408.1M
Q1 24
$391.8M
Total Assets
PAL
PAL
SWIM
SWIM
Q4 25
$823.2M
Q3 25
$844.4M
Q2 25
$822.1M
Q1 25
$824.6M
Q4 24
$794.2M
Q3 24
$498.2M
$853.4M
Q2 24
$830.0M
Q1 24
$808.6M
Debt / Equity
PAL
PAL
SWIM
SWIM
Q4 25
0.69×
Q3 25
0.69×
Q2 25
0.71×
Q1 25
0.81×
Q4 24
0.73×
Q3 24
0.19×
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
PAL
PAL
SWIM
SWIM
Operating Cash FlowLast quarter
$23.3M
Free Cash FlowOCF − Capex
$14.1M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
9.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$38.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAL
PAL
SWIM
SWIM
Q4 25
$23.3M
Q3 25
$51.0M
Q2 25
$36.0M
Q1 25
$-46.9M
Q4 24
$6.2M
Q3 24
$37.2M
Q2 24
$52.4M
Q1 24
$-34.5M
Free Cash Flow
PAL
PAL
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
PAL
PAL
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
PAL
PAL
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
PAL
PAL
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

PAL
PAL

Segment breakdown not available.

SWIM
SWIM

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

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