vs
Side-by-side financial comparison of Latham Group, Inc. (SWIM) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.
Latham Group, Inc. is the larger business by last-quarter revenue ($100.0M vs $76.2M, roughly 1.3× VIEMED HEALTHCARE, INC.). VIEMED HEALTHCARE, INC. runs the higher net margin — 7.4% vs -7.0%, a 14.4% gap on every dollar of revenue. On growth, VIEMED HEALTHCARE, INC. posted the faster year-over-year revenue change (25.5% vs 14.5%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $9.7M). Over the past eight quarters, VIEMED HEALTHCARE, INC.'s revenue compounded faster (22.7% 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.
Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.
SWIM vs VMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $100.0M | $76.2M |
| Net Profit | $-7.0M | $5.6M |
| Gross Margin | 28.0% | 57.9% |
| Operating Margin | -10.7% | 11.0% |
| Net Margin | -7.0% | 7.4% |
| Revenue YoY | 14.5% | 25.5% |
| Net Profit YoY | 76.0% | 30.7% |
| EPS (diluted) | $-0.06 | $0.14 |
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 | $100.0M | $76.2M | ||
| Q3 25 | $161.9M | $71.9M | ||
| Q2 25 | $172.6M | $63.1M | ||
| Q1 25 | $111.4M | $59.1M | ||
| Q4 24 | $87.3M | $60.7M | ||
| Q3 24 | $150.5M | $58.0M | ||
| Q2 24 | $160.1M | $55.0M | ||
| Q1 24 | $110.6M | $50.6M |
| Q4 25 | $-7.0M | $5.6M | ||
| Q3 25 | $8.1M | $3.5M | ||
| Q2 25 | $16.0M | $3.2M | ||
| Q1 25 | $-6.0M | $2.6M | ||
| Q4 24 | $-29.2M | $4.3M | ||
| Q3 24 | $5.9M | $3.9M | ||
| Q2 24 | $13.3M | $1.5M | ||
| Q1 24 | $-7.9M | $1.6M |
| Q4 25 | 28.0% | 57.9% | ||
| Q3 25 | 35.4% | 57.5% | ||
| Q2 25 | 37.1% | 58.3% | ||
| Q1 25 | 29.5% | 56.3% | ||
| Q4 24 | 24.6% | 59.5% | ||
| Q3 24 | 32.4% | 59.3% | ||
| Q2 24 | 33.1% | 59.8% | ||
| Q1 24 | 27.7% | 58.9% |
| Q4 25 | -10.7% | 11.0% | ||
| Q3 25 | 13.3% | 7.8% | ||
| Q2 25 | 14.3% | 8.1% | ||
| Q1 25 | -4.4% | 6.5% | ||
| Q4 24 | -14.9% | 10.6% | ||
| Q3 24 | 8.9% | 9.7% | ||
| Q2 24 | 12.5% | 6.6% | ||
| Q1 24 | -1.9% | 4.4% |
| Q4 25 | -7.0% | 7.4% | ||
| Q3 25 | 5.0% | 4.9% | ||
| Q2 25 | 9.3% | 5.0% | ||
| Q1 25 | -5.4% | 4.4% | ||
| Q4 24 | -33.4% | 7.1% | ||
| Q3 24 | 3.9% | 6.7% | ||
| Q2 24 | 8.3% | 2.7% | ||
| Q1 24 | -7.1% | 3.2% |
| Q4 25 | $-0.06 | $0.14 | ||
| Q3 25 | $0.07 | $0.09 | ||
| Q2 25 | $0.13 | $0.08 | ||
| Q1 25 | $-0.05 | $0.06 | ||
| Q4 24 | $-0.24 | $0.10 | ||
| Q3 24 | $0.05 | $0.10 | ||
| Q2 24 | $0.11 | $0.04 | ||
| Q1 24 | $-0.07 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $13.5M |
| Total DebtLower is stronger | $279.8M | — |
| Stockholders' EquityBook value | $405.9M | $141.5M |
| Total Assets | $823.2M | $199.2M |
| Debt / EquityLower = less leverage | 0.69× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $13.5M | ||
| Q3 25 | — | $11.1M | ||
| Q2 25 | — | $20.0M | ||
| Q1 25 | — | $10.2M | ||
| Q4 24 | — | $17.5M | ||
| Q3 24 | — | $11.3M | ||
| Q2 24 | — | $8.8M | ||
| Q1 24 | — | $7.3M |
| 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 | — |
| Q4 25 | $405.9M | $141.5M | ||
| Q3 25 | $408.4M | $133.6M | ||
| Q2 25 | $398.4M | $139.7M | ||
| Q1 25 | $381.1M | $134.8M | ||
| Q4 24 | $387.2M | $131.4M | ||
| Q3 24 | $416.6M | $125.0M | ||
| Q2 24 | $408.1M | $119.4M | ||
| Q1 24 | $391.8M | $116.3M |
| Q4 25 | $823.2M | $199.2M | ||
| Q3 25 | $844.4M | $202.4M | ||
| Q2 25 | $822.1M | $184.6M | ||
| Q1 25 | $824.6M | $178.1M | ||
| Q4 24 | $794.2M | $177.1M | ||
| Q3 24 | $853.4M | $169.5M | ||
| Q2 24 | $830.0M | $163.9M | ||
| Q1 24 | $808.6M | $154.9M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $23.3M | $18.4M |
| Free Cash FlowOCF − Capex | $14.1M | $9.7M |
| FCF MarginFCF / Revenue | 14.1% | 12.7% |
| Capex IntensityCapex / Revenue | 9.2% | 11.5% |
| Cash ConversionOCF / Net Profit | — | 3.27× |
| TTM Free Cash FlowTrailing 4 quarters | $38.0M | $11.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.3M | $18.4M | ||
| Q3 25 | $51.0M | $18.4M | ||
| Q2 25 | $36.0M | $12.3M | ||
| Q1 25 | $-46.9M | $2.9M | ||
| Q4 24 | $6.2M | $15.0M | ||
| Q3 24 | $37.2M | $12.7M | ||
| Q2 24 | $52.4M | $10.2M | ||
| Q1 24 | $-34.5M | $1.2M |
| Q4 25 | $14.1M | $9.7M | ||
| Q3 25 | $45.2M | $10.7M | ||
| Q2 25 | $29.1M | $4.1M | ||
| Q1 25 | $-50.3M | $-12.6M | ||
| Q4 24 | $-98.0K | $3.2M | ||
| Q3 24 | $33.2M | $1.7M | ||
| Q2 24 | $47.9M | $1.2M | ||
| Q1 24 | $-39.9M | $-4.8M |
| Q4 25 | 14.1% | 12.7% | ||
| Q3 25 | 27.9% | 14.9% | ||
| Q2 25 | 16.8% | 6.5% | ||
| Q1 25 | -45.2% | -21.4% | ||
| Q4 24 | -0.1% | 5.2% | ||
| Q3 24 | 22.1% | 3.0% | ||
| Q2 24 | 29.9% | 2.3% | ||
| Q1 24 | -36.0% | -9.5% |
| Q4 25 | 9.2% | 11.5% | ||
| Q3 25 | 3.6% | 10.6% | ||
| Q2 25 | 4.0% | 12.9% | ||
| Q1 25 | 3.1% | 26.2% | ||
| Q4 24 | 7.2% | 19.5% | ||
| Q3 24 | 2.7% | 19.0% | ||
| Q2 24 | 2.8% | 16.3% | ||
| Q1 24 | 4.8% | 11.9% |
| Q4 25 | — | 3.27× | ||
| Q3 25 | 6.29× | 5.23× | ||
| Q2 25 | 2.25× | 3.88× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 3.47× | ||
| Q3 24 | 6.32× | 3.29× | ||
| Q2 24 | 3.95× | 6.94× | ||
| Q1 24 | — | 0.73× |
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% |
VMD
Segment breakdown not available.
