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Side-by-side financial comparison of Sila Realty Trust, Inc. (SILA) 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 $50.1M, roughly 2.0× Sila Realty Trust, Inc.). Sila Realty Trust, Inc. runs the higher net margin — 10.0% vs -7.0%, a 17.0% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 7.6%). Over the past eight quarters, Sila Realty Trust, Inc.'s revenue compounded faster (-0.6% CAGR vs -4.9%).

Sila Realty Trust, Inc. is a U.S.-based real estate investment trust that owns, operates, and acquires high-quality income-generating commercial properties. Its core portfolio covers industrial logistics facilities, office assets and mixed-use properties, serving tenants across logistics, corporate and retail segments to deliver stable long-term returns.

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.

SILA vs SWIM — Head-to-Head

Bigger by revenue
SWIM
SWIM
2.0× larger
SWIM
$100.0M
$50.1M
SILA
Growing faster (revenue YoY)
SWIM
SWIM
+6.9% gap
SWIM
14.5%
7.6%
SILA
Higher net margin
SILA
SILA
17.0% more per $
SILA
10.0%
-7.0%
SWIM
Faster 2-yr revenue CAGR
SILA
SILA
Annualised
SILA
-0.6%
-4.9%
SWIM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SILA
SILA
SWIM
SWIM
Revenue
$50.1M
$100.0M
Net Profit
$5.0M
$-7.0M
Gross Margin
88.9%
28.0%
Operating Margin
-10.7%
Net Margin
10.0%
-7.0%
Revenue YoY
7.6%
14.5%
Net Profit YoY
-54.9%
76.0%
EPS (diluted)
$0.10
$-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
SILA
SILA
SWIM
SWIM
Q4 25
$50.1M
$100.0M
Q3 25
$49.8M
$161.9M
Q2 25
$48.7M
$172.6M
Q1 25
$48.3M
$111.4M
Q4 24
$46.5M
$87.3M
Q3 24
$46.1M
$150.5M
Q2 24
$43.6M
$160.1M
Q1 24
$50.6M
$110.6M
Net Profit
SILA
SILA
SWIM
SWIM
Q4 25
$5.0M
$-7.0M
Q3 25
$11.6M
$8.1M
Q2 25
$8.6M
$16.0M
Q1 25
$7.9M
$-6.0M
Q4 24
$11.1M
$-29.2M
Q3 24
$11.9M
$5.9M
Q2 24
$4.6M
$13.3M
Q1 24
$15.0M
$-7.9M
Gross Margin
SILA
SILA
SWIM
SWIM
Q4 25
88.9%
28.0%
Q3 25
88.1%
35.4%
Q2 25
87.7%
37.1%
Q1 25
86.9%
29.5%
Q4 24
87.3%
24.6%
Q3 24
87.4%
32.4%
Q2 24
86.6%
33.1%
Q1 24
89.0%
27.7%
Operating Margin
SILA
SILA
SWIM
SWIM
Q4 25
-10.7%
Q3 25
13.3%
Q2 25
14.3%
Q1 25
-4.4%
Q4 24
-14.9%
Q3 24
8.9%
Q2 24
12.5%
Q1 24
-1.9%
Net Margin
SILA
SILA
SWIM
SWIM
Q4 25
10.0%
-7.0%
Q3 25
23.3%
5.0%
Q2 25
17.6%
9.3%
Q1 25
16.4%
-5.4%
Q4 24
23.9%
-33.4%
Q3 24
25.9%
3.9%
Q2 24
10.6%
8.3%
Q1 24
29.6%
-7.1%
EPS (diluted)
SILA
SILA
SWIM
SWIM
Q4 25
$0.10
$-0.06
Q3 25
$0.21
$0.07
Q2 25
$0.15
$0.13
Q1 25
$0.14
$-0.05
Q4 24
$0.20
$-0.24
Q3 24
$0.21
$0.05
Q2 24
$0.08
$0.11
Q1 24
$0.26
$-0.07

Balance Sheet & Financial Strength

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

Metric
SILA
SILA
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
$32.3M
Total DebtLower is stronger
$279.8M
Stockholders' EquityBook value
$1.3B
$405.9M
Total Assets
$2.1B
$823.2M
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SILA
SILA
SWIM
SWIM
Q4 25
$32.3M
Q3 25
$27.7M
Q2 25
$24.8M
Q1 25
$30.5M
Q4 24
$39.8M
Q3 24
$28.6M
Q2 24
$87.0M
Q1 24
$90.2M
Total Debt
SILA
SILA
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
SILA
SILA
SWIM
SWIM
Q4 25
$1.3B
$405.9M
Q3 25
$1.3B
$408.4M
Q2 25
$1.4B
$398.4M
Q1 25
$1.4B
$381.1M
Q4 24
$1.4B
$387.2M
Q3 24
$1.4B
$416.6M
Q2 24
$1.5B
$408.1M
Q1 24
$1.5B
$391.8M
Total Assets
SILA
SILA
SWIM
SWIM
Q4 25
$2.1B
$823.2M
Q3 25
$2.1B
$844.4M
Q2 25
$2.0B
$822.1M
Q1 25
$2.0B
$824.6M
Q4 24
$2.0B
$794.2M
Q3 24
$2.0B
$853.4M
Q2 24
$2.1B
$830.0M
Q1 24
$2.1B
$808.6M
Debt / Equity
SILA
SILA
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
SILA
SILA
SWIM
SWIM
Operating Cash FlowLast quarter
$119.1M
$23.3M
Free Cash FlowOCF − Capex
$14.1M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
9.2%
Cash ConversionOCF / Net Profit
23.76×
TTM Free Cash FlowTrailing 4 quarters
$38.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SILA
SILA
SWIM
SWIM
Q4 25
$119.1M
$23.3M
Q3 25
$30.0M
$51.0M
Q2 25
$31.9M
$36.0M
Q1 25
$24.1M
$-46.9M
Q4 24
$132.8M
$6.2M
Q3 24
$29.1M
$37.2M
Q2 24
$31.6M
$52.4M
Q1 24
$36.6M
$-34.5M
Free Cash Flow
SILA
SILA
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
SILA
SILA
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
SILA
SILA
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
SILA
SILA
SWIM
SWIM
Q4 25
23.76×
Q3 25
2.59×
6.29×
Q2 25
3.71×
2.25×
Q1 25
3.06×
Q4 24
11.95×
Q3 24
2.43×
6.32×
Q2 24
6.84×
3.95×
Q1 24
2.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SILA
SILA

Segment breakdown not available.

SWIM
SWIM

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

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