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Side-by-side financial comparison of SHENANDOAH TELECOMMUNICATIONS CO (SHEN) 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 $91.6M, roughly 1.1× SHENANDOAH TELECOMMUNICATIONS CO). SHENANDOAH TELECOMMUNICATIONS CO runs the higher net margin — -5.9% vs -7.0%, a 1.1% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 7.2%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $-78.6M). Over the past eight quarters, SHENANDOAH TELECOMMUNICATIONS CO's revenue compounded faster (15.0% CAGR vs -4.9%).
Shenandoah Telecommunications Co is a U.S. regional telecom provider offering broadband internet, wireless voice/data services, digital cable TV, and fiber-optic solutions. It serves residential, small business and enterprise clients across Mid-Atlantic states, focusing on underserved rural and suburban markets in Virginia, West Virginia, Maryland and Pennsylvania.
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.
SHEN vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $91.6M | $100.0M |
| Net Profit | $-5.4M | $-7.0M |
| Gross Margin | — | 28.0% |
| Operating Margin | -1.0% | -10.7% |
| Net Margin | -5.9% | -7.0% |
| Revenue YoY | 7.2% | 14.5% |
| Net Profit YoY | -95.8% | 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 | $91.6M | $100.0M | ||
| Q3 25 | $89.8M | $161.9M | ||
| Q2 25 | $88.6M | $172.6M | ||
| Q1 25 | $87.9M | $111.4M | ||
| Q4 24 | $85.4M | $87.3M | ||
| Q3 24 | $87.6M | $150.5M | ||
| Q2 24 | $85.8M | $160.1M | ||
| Q1 24 | $69.2M | $110.6M |
| Q4 25 | $-5.4M | $-7.0M | ||
| Q3 25 | $-9.4M | $8.1M | ||
| Q2 25 | $-9.0M | $16.0M | ||
| Q1 25 | $-9.1M | $-6.0M | ||
| Q4 24 | $-2.7M | $-29.2M | ||
| Q3 24 | $-5.3M | $5.9M | ||
| Q2 24 | $-12.9M | $13.3M | ||
| Q1 24 | $214.7M | $-7.9M |
| 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% |
| Q4 25 | -1.0% | -10.7% | ||
| Q3 25 | -8.0% | 13.3% | ||
| Q2 25 | -10.3% | 14.3% | ||
| Q1 25 | -6.9% | -4.4% | ||
| Q4 24 | -6.7% | -14.9% | ||
| Q3 24 | -4.8% | 8.9% | ||
| Q2 24 | -18.5% | 12.5% | ||
| Q1 24 | -4.0% | -1.9% |
| Q4 25 | -5.9% | -7.0% | ||
| Q3 25 | -10.5% | 5.0% | ||
| Q2 25 | -10.2% | 9.3% | ||
| Q1 25 | -10.4% | -5.4% | ||
| Q4 24 | -3.2% | -33.4% | ||
| Q3 24 | -6.0% | 3.9% | ||
| Q2 24 | -15.0% | 8.3% | ||
| Q1 24 | 310.0% | -7.1% |
| Q4 25 | $-0.13 | $-0.06 | ||
| Q3 25 | $-0.20 | $0.07 | ||
| Q2 25 | $-0.19 | $0.13 | ||
| Q1 25 | $-0.19 | $-0.05 | ||
| Q4 24 | $-0.34 | $-0.24 | ||
| Q3 24 | $-0.13 | $0.05 | ||
| Q2 24 | $-0.24 | $0.11 | ||
| Q1 24 | $4.25 | $-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 | $27.3M | — |
| Total DebtLower is stronger | $642.4M | $279.8M |
| Stockholders' EquityBook value | $880.8M | $405.9M |
| Total Assets | $1.9B | $823.2M |
| Debt / EquityLower = less leverage | 0.73× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.3M | — | ||
| Q3 25 | $22.6M | — | ||
| Q2 25 | $29.1M | — | ||
| Q1 25 | $87.5M | — | ||
| Q4 24 | $46.3M | — | ||
| Q3 24 | $43.1M | — | ||
| Q2 24 | $43.8M | — | ||
| Q1 24 | $389.7M | — |
| Q4 25 | $642.4M | $279.8M | ||
| Q3 25 | $535.4M | $281.1M | ||
| Q2 25 | $513.1M | $281.5M | ||
| Q1 25 | $515.8M | $306.9M | ||
| Q4 24 | $418.0M | $281.5M | ||
| Q3 24 | $345.2M | $282.8M | ||
| Q2 24 | $297.4M | $282.4M | ||
| Q1 24 | $298.7M | $282.8M |
| Q4 25 | $880.8M | $405.9M | ||
| Q3 25 | $892.7M | $408.4M | ||
| Q2 25 | $902.0M | $398.4M | ||
| Q1 25 | $910.5M | $381.1M | ||
| Q4 24 | $918.6M | $387.2M | ||
| Q3 24 | $925.4M | $416.6M | ||
| Q2 24 | $933.1M | $408.1M | ||
| Q1 24 | $871.6M | $391.8M |
| Q4 25 | $1.9B | $823.2M | ||
| Q3 25 | $1.9B | $844.4M | ||
| Q2 25 | $1.8B | $822.1M | ||
| Q1 25 | $1.8B | $824.6M | ||
| Q4 24 | $1.7B | $794.2M | ||
| Q3 24 | $1.7B | $853.4M | ||
| Q2 24 | $1.7B | $830.0M | ||
| Q1 24 | $1.4B | $808.6M |
| Q4 25 | 0.73× | 0.69× | ||
| Q3 25 | 0.60× | 0.69× | ||
| Q2 25 | 0.57× | 0.71× | ||
| Q1 25 | 0.57× | 0.81× | ||
| Q4 24 | 0.46× | 0.73× | ||
| Q3 24 | 0.37× | 0.68× | ||
| Q2 24 | 0.32× | 0.69× | ||
| Q1 24 | 0.34× | 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 | $28.8M | $23.3M |
| Free Cash FlowOCF − Capex | $-78.6M | $14.1M |
| FCF MarginFCF / Revenue | -85.8% | 14.1% |
| Capex IntensityCapex / Revenue | 117.2% | 9.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-257.9M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.8M | $23.3M | ||
| Q3 25 | $30.7M | $51.0M | ||
| Q2 25 | $20.9M | $36.0M | ||
| Q1 25 | $20.5M | $-46.9M | ||
| Q4 24 | $20.6M | $6.2M | ||
| Q3 24 | $24.3M | $37.2M | ||
| Q2 24 | $2.5M | $52.4M | ||
| Q1 24 | $15.2M | $-34.5M |
| Q4 25 | $-78.6M | $14.1M | ||
| Q3 25 | $-51.4M | $45.2M | ||
| Q2 25 | $-65.3M | $29.1M | ||
| Q1 25 | $-62.7M | $-50.3M | ||
| Q4 24 | $-72.0M | $-98.0K | ||
| Q3 24 | $-51.3M | $33.2M | ||
| Q2 24 | $-78.3M | $47.9M | ||
| Q1 24 | $-54.9M | $-39.9M |
| Q4 25 | -85.8% | 14.1% | ||
| Q3 25 | -57.2% | 27.9% | ||
| Q2 25 | -73.7% | 16.8% | ||
| Q1 25 | -71.3% | -45.2% | ||
| Q4 24 | -84.3% | -0.1% | ||
| Q3 24 | -58.5% | 22.1% | ||
| Q2 24 | -91.3% | 29.9% | ||
| Q1 24 | -79.3% | -36.0% |
| Q4 25 | 117.2% | 9.2% | ||
| Q3 25 | 91.4% | 3.6% | ||
| Q2 25 | 97.3% | 4.0% | ||
| Q1 25 | 94.7% | 3.1% | ||
| Q4 24 | 108.4% | 7.2% | ||
| Q3 24 | 86.2% | 2.7% | ||
| Q2 24 | 94.2% | 2.8% | ||
| Q1 24 | 101.2% | 4.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | 0.07× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SHEN
| Residential And SMB Incumbent Broadband | $41.5M | 45% |
| Residential And SMB Glo Fiber Expansion Markets | $23.0M | 25% |
| Commercial Fiber | $20.3M | 22% |
| RLEC Other | $6.8M | 7% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
