AWR vs HTO
American States Water Co. and H2O America, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AWR | HTO |
|---|---|---|
| Revenue | $658.1M | $805.6M |
| Net income | $130.4M | $102.6M |
| Gross margin | 90.8% | · |
| Net margin | 19.8% | 12.7% |
| Return on equity | 13.3% | 7.1% |
| Diluted EPS | $3.37 | $2.92 |
| Dividend / share | $1.94 | $1.68 |
| Payout ratio | 57.2% | 57.2% |
| Free cash flow | $-7.1M | · |
| Equity | $1.0B | $1.5B |
| Net debt / equity | 0.73× | 1.21× |
| Current ratio | 1.32× | 0.70× |
| Revenue CAGR 5y | 6.2% | 7.4% |
| Profit CAGR 5y | 8.6% | 10.8% |
HTO bills 1.2× the revenue of AWR, and AWR keeps more of each dollar of revenue as profit (19.8% against 12.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AWR | HTO |
|---|---|---|
| FY2025 | $658.1M | $805.6M |
| FY2024 | $595.5M | $748.4M |
| FY2023 | $595.7M | $678.2M |
| FY2022 | $491.5M | $620.7M |
| FY2021 | $498.9M | $573.7M |
| FY2020 | $488.2M | $564.5M |
| FY2019 | $473.9M | $447.7M |
| FY2018 | $436.8M | $397.7M |
| FY2017 | $440.6M | $389.2M |
| FY2016 | $436.1M | $339.7M |
Bottom line
| Fiscal year | AWR | HTO |
|---|---|---|
| FY2025 | $130.4M | $102.6M |
| FY2024 | $119.3M | $94.0M |
| FY2023 | $124.9M | $85.0M |
| FY2022 | $78.4M | $73.8M |
| FY2021 | $94.3M | $60.5M |
| FY2020 | $86.4M | $61.5M |
| FY2019 | $84.3M | $23.4M |
| FY2018 | $63.9M | $38.8M |
| FY2017 | $69.4M | $59.2M |
| FY2016 | $59.7M | $52.8M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$147,521,000 | HTO |
| FY2024 | −$152,980,000 | HTO |
| FY2023 | −$82,469,000 | HTO |
| FY2022 | −$129,170,000 | HTO |
| FY2021 | −$74,833,000 | HTO |
| FY2020 | −$76,283,000 | HTO |
| FY2019 | +$26,149,000 | AWR |
| FY2018 | +$39,117,000 | AWR |
| FY2017 | +$51,378,000 | AWR |
| FY2016 | +$96,381,000 | AWR |
The higher-revenue side has changed between AWR and HTO over this period. The gap has widened since the earliest year compared.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +7.1 pp | AWR |
| FY2024 | +7.5 pp | AWR |
| FY2023 | +8.4 pp | AWR |
| FY2022 | +4.1 pp | AWR |
| FY2021 | +8.4 pp | AWR |
| FY2020 | +6.8 pp | AWR |
| FY2019 | +12.5 pp | AWR |
| FY2018 | +4.9 pp | AWR |
| FY2017 | +0.0 pp | AWR |
| FY2016 | −1.9 pp | HTO |
The higher net margin has changed hands between AWR and HTO over this period.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HTO's net margin has been more volatile than AWR's over the 10 comparable fiscal years — 2.8 percentage points of standard deviation against 2.3.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AWR and HTO over these 10 fiscal years — AWR led in 9 and HTO in 1.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HTO's return on equity has been more volatile than AWR's over the 17 comparable fiscal years — 3.1 percentage points of standard deviation against 2.0.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AWR and HTO over these 17 fiscal years — AWR led in 14 and HTO in 3.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.