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Side-by-side financial comparison of PARK NATIONAL CORP (PRK) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.

PARK NATIONAL CORP is the larger business by last-quarter revenue ($168.3M vs $100.0M, roughly 1.7× Latham Group, Inc.). PARK NATIONAL CORP runs the higher net margin — 25.3% vs -7.0%, a 32.4% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 2.2%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $14.1M). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% CAGR vs -4.9%).

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

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.

PRK vs SWIM — Head-to-Head

Bigger by revenue
PRK
PRK
1.7× larger
PRK
$168.3M
$100.0M
SWIM
Growing faster (revenue YoY)
SWIM
SWIM
+12.3% gap
SWIM
14.5%
2.2%
PRK
Higher net margin
PRK
PRK
32.4% more per $
PRK
25.3%
-7.0%
SWIM
More free cash flow
PRK
PRK
$177.9M more FCF
PRK
$191.9M
$14.1M
SWIM
Faster 2-yr revenue CAGR
PRK
PRK
Annualised
PRK
4.9%
-4.9%
SWIM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRK
PRK
SWIM
SWIM
Revenue
$168.3M
$100.0M
Net Profit
$42.6M
$-7.0M
Gross Margin
28.0%
Operating Margin
-10.7%
Net Margin
25.3%
-7.0%
Revenue YoY
2.2%
14.5%
Net Profit YoY
10.4%
76.0%
EPS (diluted)
$2.62
$-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
PRK
PRK
SWIM
SWIM
Q4 25
$168.3M
$100.0M
Q3 25
$169.5M
$161.9M
Q2 25
$168.7M
$172.6M
Q1 25
$157.9M
$111.4M
Q4 24
$164.7M
$87.3M
Q3 24
$170.3M
$150.5M
Q2 24
$157.7M
$160.1M
Q1 24
$152.8M
$110.6M
Net Profit
PRK
PRK
SWIM
SWIM
Q4 25
$42.6M
$-7.0M
Q3 25
$47.2M
$8.1M
Q2 25
$48.1M
$16.0M
Q1 25
$42.2M
$-6.0M
Q4 24
$38.6M
$-29.2M
Q3 24
$38.2M
$5.9M
Q2 24
$39.4M
$13.3M
Q1 24
$35.2M
$-7.9M
Gross Margin
PRK
PRK
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
PRK
PRK
SWIM
SWIM
Q4 25
-10.7%
Q3 25
34.3%
13.3%
Q2 25
35.2%
14.3%
Q1 25
32.4%
-4.4%
Q4 24
-14.9%
Q3 24
27.4%
8.9%
Q2 24
30.6%
12.5%
Q1 24
27.8%
-1.9%
Net Margin
PRK
PRK
SWIM
SWIM
Q4 25
25.3%
-7.0%
Q3 25
27.8%
5.0%
Q2 25
28.5%
9.3%
Q1 25
26.7%
-5.4%
Q4 24
23.5%
-33.4%
Q3 24
22.4%
3.9%
Q2 24
25.0%
8.3%
Q1 24
23.0%
-7.1%
EPS (diluted)
PRK
PRK
SWIM
SWIM
Q4 25
$2.62
$-0.06
Q3 25
$2.92
$0.07
Q2 25
$2.97
$0.13
Q1 25
$2.60
$-0.05
Q4 24
$2.38
$-0.24
Q3 24
$2.35
$0.05
Q2 24
$2.42
$0.11
Q1 24
$2.17
$-0.07

Balance Sheet & Financial Strength

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

Metric
PRK
PRK
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
$233.5M
Total DebtLower is stronger
$279.8M
Stockholders' EquityBook value
$1.4B
$405.9M
Total Assets
$9.8B
$823.2M
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRK
PRK
SWIM
SWIM
Q4 25
$233.5M
Q3 25
$218.9M
Q2 25
$193.1M
Q1 25
$237.6M
Q4 24
$160.6M
Q3 24
$201.7M
Q2 24
$261.5M
Q1 24
$306.1M
Total Debt
PRK
PRK
SWIM
SWIM
Q4 25
$279.8M
Q3 25
$281.1M
Q2 25
$281.5M
Q1 25
$306.9M
Q4 24
$281.5M
Q3 24
$282.8M
Q2 24
$282.4M
Q1 24
$282.8M
Stockholders' Equity
PRK
PRK
SWIM
SWIM
Q4 25
$1.4B
$405.9M
Q3 25
$1.3B
$408.4M
Q2 25
$1.3B
$398.4M
Q1 25
$1.3B
$381.1M
Q4 24
$1.2B
$387.2M
Q3 24
$1.2B
$416.6M
Q2 24
$1.2B
$408.1M
Q1 24
$1.2B
$391.8M
Total Assets
PRK
PRK
SWIM
SWIM
Q4 25
$9.8B
$823.2M
Q3 25
$9.9B
$844.4M
Q2 25
$9.9B
$822.1M
Q1 25
$9.9B
$824.6M
Q4 24
$9.8B
$794.2M
Q3 24
$9.9B
$853.4M
Q2 24
$9.9B
$830.0M
Q1 24
$9.9B
$808.6M
Debt / Equity
PRK
PRK
SWIM
SWIM
Q4 25
0.69×
Q3 25
0.69×
Q2 25
0.71×
Q1 25
0.81×
Q4 24
0.73×
Q3 24
0.68×
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
PRK
PRK
SWIM
SWIM
Operating Cash FlowLast quarter
$198.3M
$23.3M
Free Cash FlowOCF − Capex
$191.9M
$14.1M
FCF MarginFCF / Revenue
114.1%
14.1%
Capex IntensityCapex / Revenue
3.8%
9.2%
Cash ConversionOCF / Net Profit
4.65×
TTM Free Cash FlowTrailing 4 quarters
$328.2M
$38.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRK
PRK
SWIM
SWIM
Q4 25
$198.3M
$23.3M
Q3 25
$52.6M
$51.0M
Q2 25
$49.7M
$36.0M
Q1 25
$37.9M
$-46.9M
Q4 24
$178.8M
$6.2M
Q3 24
$43.8M
$37.2M
Q2 24
$50.9M
$52.4M
Q1 24
$35.0M
$-34.5M
Free Cash Flow
PRK
PRK
SWIM
SWIM
Q4 25
$191.9M
$14.1M
Q3 25
$51.1M
$45.2M
Q2 25
$48.4M
$29.1M
Q1 25
$36.8M
$-50.3M
Q4 24
$169.7M
$-98.0K
Q3 24
$41.7M
$33.2M
Q2 24
$49.0M
$47.9M
Q1 24
$31.9M
$-39.9M
FCF Margin
PRK
PRK
SWIM
SWIM
Q4 25
114.1%
14.1%
Q3 25
30.1%
27.9%
Q2 25
28.7%
16.8%
Q1 25
23.3%
-45.2%
Q4 24
103.0%
-0.1%
Q3 24
24.5%
22.1%
Q2 24
31.1%
29.9%
Q1 24
20.8%
-36.0%
Capex Intensity
PRK
PRK
SWIM
SWIM
Q4 25
3.8%
9.2%
Q3 25
0.9%
3.6%
Q2 25
0.8%
4.0%
Q1 25
0.7%
3.1%
Q4 24
5.6%
7.2%
Q3 24
1.2%
2.7%
Q2 24
1.2%
2.8%
Q1 24
2.1%
4.8%
Cash Conversion
PRK
PRK
SWIM
SWIM
Q4 25
4.65×
Q3 25
1.11×
6.29×
Q2 25
1.03×
2.25×
Q1 25
0.90×
Q4 24
4.63×
Q3 24
1.14×
6.32×
Q2 24
1.29×
3.95×
Q1 24
0.99×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRK
PRK

Segment breakdown not available.

SWIM
SWIM

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

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