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Side-by-side financial comparison of Latham Group, Inc. (SWIM) and Urban Edge Properties (UE). Click either name above to swap in a different company.
Urban Edge Properties is the larger business by last-quarter revenue ($132.6M vs $100.0M, roughly 1.3× Latham Group, Inc.). Urban Edge Properties runs the higher net margin — 17.1% vs -7.0%, a 24.1% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 12.2%). Over the past eight quarters, Urban Edge Properties's revenue compounded faster (11.6% CAGR vs -4.9%).
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.
Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.
SWIM vs UE — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $100.0M | $132.6M |
| Net Profit | $-7.0M | $22.6M |
| Gross Margin | 28.0% | — |
| Operating Margin | -10.7% | — |
| Net Margin | -7.0% | 17.1% |
| Revenue YoY | 14.5% | 12.2% |
| Net Profit YoY | 76.0% | -6.7% |
| EPS (diluted) | $-0.06 | $0.18 |
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.
| Q1 26 | — | $132.6M | ||
| Q4 25 | $100.0M | $119.6M | ||
| Q3 25 | $161.9M | $120.1M | ||
| Q2 25 | $172.6M | $114.1M | ||
| Q1 25 | $111.4M | $118.2M | ||
| Q4 24 | $87.3M | $116.4M | ||
| Q3 24 | $150.5M | $112.4M | ||
| Q2 24 | $160.1M | $106.5M |
| Q1 26 | — | $22.6M | ||
| Q4 25 | $-7.0M | $12.4M | ||
| Q3 25 | $8.1M | $14.9M | ||
| Q2 25 | $16.0M | $58.0M | ||
| Q1 25 | $-6.0M | $8.2M | ||
| Q4 24 | $-29.2M | $30.1M | ||
| Q3 24 | $5.9M | $9.1M | ||
| Q2 24 | $13.3M | $30.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | -10.7% | 11.3% | ||
| Q3 25 | 13.3% | 13.4% | ||
| Q2 25 | 14.3% | 53.9% | ||
| Q1 25 | -4.4% | 7.6% | ||
| Q4 24 | -14.9% | 27.6% | ||
| Q3 24 | 8.9% | 8.9% | ||
| Q2 24 | 12.5% | 30.6% |
| Q1 26 | — | 17.1% | ||
| Q4 25 | -7.0% | 10.4% | ||
| Q3 25 | 5.0% | 12.4% | ||
| Q2 25 | 9.3% | 50.8% | ||
| Q1 25 | -5.4% | 6.9% | ||
| Q4 24 | -33.4% | 25.9% | ||
| Q3 24 | 3.9% | 8.1% | ||
| Q2 24 | 8.3% | 28.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $-0.06 | $0.09 | ||
| Q3 25 | $0.07 | $0.12 | ||
| Q2 25 | $0.13 | $0.46 | ||
| Q1 25 | $-0.05 | $0.07 | ||
| Q4 24 | $-0.24 | $0.25 | ||
| Q3 24 | $0.05 | $0.07 | ||
| Q2 24 | $0.11 | $0.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $50.0M |
| Total DebtLower is stronger | $279.8M | — |
| Stockholders' EquityBook value | $405.9M | $1.4B |
| Total Assets | $823.2M | $3.4B |
| Debt / EquityLower = less leverage | 0.69× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $50.0M | ||
| Q4 25 | — | $48.9M | ||
| Q3 25 | — | $77.8M | ||
| Q2 25 | — | $53.0M | ||
| Q1 25 | — | $48.0M | ||
| Q4 24 | — | $41.4M | ||
| Q3 24 | — | $67.9M | ||
| Q2 24 | — | $78.6M |
| Q1 26 | — | — | ||
| 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 26 | — | $1.4B | ||
| Q4 25 | $405.9M | $1.4B | ||
| Q3 25 | $408.4M | $1.4B | ||
| Q2 25 | $398.4M | $1.4B | ||
| Q1 25 | $381.1M | $1.4B | ||
| Q4 24 | $387.2M | $1.4B | ||
| Q3 24 | $416.6M | $1.3B | ||
| Q2 24 | $408.1M | $1.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $823.2M | $3.3B | ||
| Q3 25 | $844.4M | $3.3B | ||
| Q2 25 | $822.1M | $3.3B | ||
| Q1 25 | $824.6M | $3.3B | ||
| Q4 24 | $794.2M | $3.3B | ||
| Q3 24 | $853.4M | $3.2B | ||
| Q2 24 | $830.0M | $3.2B |
| Q1 26 | — | — | ||
| 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× | — |
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 | $23.3M | $39.1M |
| Free Cash FlowOCF − Capex | $14.1M | — |
| FCF MarginFCF / Revenue | 14.1% | — |
| Capex IntensityCapex / Revenue | 9.2% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 1.73× |
| TTM Free Cash FlowTrailing 4 quarters | $38.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $39.1M | ||
| Q4 25 | $23.3M | $182.7M | ||
| Q3 25 | $51.0M | $55.7M | ||
| Q2 25 | $36.0M | $43.5M | ||
| Q1 25 | $-46.9M | $32.6M | ||
| Q4 24 | $6.2M | $153.2M | ||
| Q3 24 | $37.2M | $36.6M | ||
| Q2 24 | $52.4M | $41.2M |
| Q1 26 | — | — | ||
| Q4 25 | $14.1M | $81.8M | ||
| Q3 25 | $45.2M | $26.1M | ||
| Q2 25 | $29.1M | $19.6M | ||
| Q1 25 | $-50.3M | $11.9M | ||
| Q4 24 | $-98.0K | $42.5M | ||
| Q3 24 | $33.2M | $12.2M | ||
| Q2 24 | $47.9M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | 14.1% | 68.4% | ||
| Q3 25 | 27.9% | 21.7% | ||
| Q2 25 | 16.8% | 17.2% | ||
| Q1 25 | -45.2% | 10.0% | ||
| Q4 24 | -0.1% | 36.6% | ||
| Q3 24 | 22.1% | 10.8% | ||
| Q2 24 | 29.9% | 18.6% |
| Q1 26 | — | 1.5% | ||
| Q4 25 | 9.2% | 84.4% | ||
| Q3 25 | 3.6% | 24.6% | ||
| Q2 25 | 4.0% | 20.9% | ||
| Q1 25 | 3.1% | 17.5% | ||
| Q4 24 | 7.2% | 95.1% | ||
| Q3 24 | 2.7% | 21.7% | ||
| Q2 24 | 2.8% | 20.1% |
| Q1 26 | — | 1.73× | ||
| Q4 25 | — | 14.71× | ||
| Q3 25 | 6.29× | 3.73× | ||
| Q2 25 | 2.25× | 0.75× | ||
| Q1 25 | — | 3.97× | ||
| Q4 24 | — | 5.09× | ||
| Q3 24 | 6.32× | 4.03× | ||
| Q2 24 | 3.95× | 1.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
UE
| Rental revenue | $124.2M | 94% |
| Other | $8.4M | 6% |
