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Side-by-side financial comparison of ARBOR REALTY TRUST INC (ABR) and CALIFORNIA WATER SERVICE GROUP (CWT). Click either name above to swap in a different company.

CALIFORNIA WATER SERVICE GROUP is the larger business by last-quarter revenue ($210.7M vs $133.4M, roughly 1.6× ARBOR REALTY TRUST INC). On growth, CALIFORNIA WATER SERVICE GROUP posted the faster year-over-year revenue change (-3.3% vs -12.1%). Over the past eight quarters, CALIFORNIA WATER SERVICE GROUP's revenue compounded faster (16.6% CAGR vs -8.9%).

Arbor Realty Trust Inc. is a U.S.-headquartered specialized real estate investment trust (REIT). It primarily provides structured financing solutions for multifamily residential and commercial real estate projects, including bridge loans, agency lending, and mezzanine financing. Its core market covers the U.S. real estate sector, serving property owners, developers and real estate investors nationwide.

California Water Service Group (CWSG) is an American public utility company providing drinking water and wastewater services. It is the third-largest investor-owned publicly traded water utility in the United States, serving roughly two million people through its subsidiary companies in California, Hawaii, New Mexico and Washington. CWSG was formed in 1997 as a new holding company for California Water Service to expand into other states regulated by their own public utilities commissions, and...

ABR vs CWT — Head-to-Head

Bigger by revenue
CWT
CWT
1.6× larger
CWT
$210.7M
$133.4M
ABR
Growing faster (revenue YoY)
CWT
CWT
+8.8% gap
CWT
-3.3%
-12.1%
ABR
Faster 2-yr revenue CAGR
CWT
CWT
Annualised
CWT
16.6%
-8.9%
ABR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABR
ABR
CWT
CWT
Revenue
$133.4M
$210.7M
Net Profit
$11.5M
Gross Margin
Operating Margin
12.2%
Net Margin
5.4%
Revenue YoY
-12.1%
-3.3%
Net Profit YoY
-41.0%
EPS (diluted)
$0.08
$0.19

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
ABR
ABR
CWT
CWT
Q4 25
$133.4M
$210.7M
Q3 25
$112.4M
$314.1M
Q2 25
$130.4M
$256.2M
Q1 25
$134.2M
$182.7M
Q4 24
$151.7M
$217.8M
Q3 24
$156.7M
$306.2M
Q2 24
$153.1M
$226.7M
Q1 24
$160.7M
$154.9M
Net Profit
ABR
ABR
CWT
CWT
Q4 25
$11.5M
Q3 25
$52.0M
$61.2M
Q2 25
$36.3M
$42.2M
Q1 25
$43.4M
$13.3M
Q4 24
$19.5M
Q3 24
$73.5M
$60.7M
Q2 24
$61.8M
$40.6M
Q1 24
$73.2M
$69.9M
Operating Margin
ABR
ABR
CWT
CWT
Q4 25
12.2%
Q3 25
22.5%
Q2 25
20.2%
Q1 25
12.2%
Q4 24
14.8%
Q3 24
21.8%
Q2 24
21.2%
Q1 24
46.9%
50.3%
Net Margin
ABR
ABR
CWT
CWT
Q4 25
5.4%
Q3 25
46.3%
19.5%
Q2 25
27.8%
16.5%
Q1 25
32.3%
7.3%
Q4 24
8.9%
Q3 24
46.9%
19.8%
Q2 24
40.4%
17.9%
Q1 24
45.6%
45.1%
EPS (diluted)
ABR
ABR
CWT
CWT
Q4 25
$0.08
$0.19
Q3 25
$0.20
$1.03
Q2 25
$0.12
$0.71
Q1 25
$0.16
$0.22
Q4 24
$0.31
$0.31
Q3 24
$0.31
$1.03
Q2 24
$0.25
$0.70
Q1 24
$0.31
$1.21

Balance Sheet & Financial Strength

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

Metric
ABR
ABR
CWT
CWT
Cash + ST InvestmentsLiquidity on hand
$482.9M
$51.8M
Total DebtLower is stronger
$11.1B
$1.5B
Stockholders' EquityBook value
$3.0B
$1.7B
Total Assets
$14.5B
$5.7B
Debt / EquityLower = less leverage
3.75×
0.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABR
ABR
CWT
CWT
Q4 25
$482.9M
$51.8M
Q3 25
$423.4M
$76.0M
Q2 25
$255.7M
$50.5M
Q1 25
$308.8M
$44.5M
Q4 24
$503.8M
$50.1M
Q3 24
$687.5M
$59.6M
Q2 24
$737.5M
$37.3M
Q1 24
$908.0M
$42.8M
Total Debt
ABR
ABR
CWT
CWT
Q4 25
$11.1B
$1.5B
Q3 25
$10.4B
$1.1B
Q2 25
$10.1B
$1.1B
Q1 25
$9.9B
$1.1B
Q4 24
$10.0B
$1.1B
Q3 24
$10.3B
Q2 24
$10.6B
Q1 24
$11.4B
Stockholders' Equity
ABR
ABR
CWT
CWT
Q4 25
$3.0B
$1.7B
Q3 25
$3.0B
$1.7B
Q2 25
$3.0B
$1.7B
Q1 25
$3.0B
$1.6B
Q4 24
$3.0B
$1.6B
Q3 24
$3.0B
$1.6B
Q2 24
$3.1B
$1.5B
Q1 24
$3.1B
$1.5B
Total Assets
ABR
ABR
CWT
CWT
Q4 25
$14.5B
$5.7B
Q3 25
$13.9B
$5.5B
Q2 25
$13.6B
$5.4B
Q1 25
$13.4B
$5.3B
Q4 24
$13.5B
$5.2B
Q3 24
$13.9B
$5.0B
Q2 24
$14.2B
$4.9B
Q1 24
$15.1B
$4.8B
Debt / Equity
ABR
ABR
CWT
CWT
Q4 25
3.75×
0.87×
Q3 25
3.47×
0.65×
Q2 25
3.40×
0.67×
Q1 25
3.29×
0.68×
Q4 24
3.29×
0.67×
Q3 24
3.40×
Q2 24
3.47×
Q1 24
3.68×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABR
ABR
CWT
CWT
Operating Cash FlowLast quarter
$372.4M
$47.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.17×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABR
ABR
CWT
CWT
Q4 25
$372.4M
$47.9M
Q3 25
$178.7M
$167.3M
Q2 25
$60.0M
$48.9M
Q1 25
$150.5M
$38.4M
Q4 24
$461.5M
$68.1M
Q3 24
$85.0M
$101.8M
Q2 24
$69.9M
$94.4M
Q1 24
$260.0M
$26.5M
Cash Conversion
ABR
ABR
CWT
CWT
Q4 25
4.17×
Q3 25
3.44×
2.73×
Q2 25
1.65×
1.16×
Q1 25
3.47×
2.88×
Q4 24
3.50×
Q3 24
1.16×
1.68×
Q2 24
1.13×
2.33×
Q1 24
3.55×
0.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ABR
ABR

Segment breakdown not available.

CWT
CWT

Residential$133.2M63%
Business$47.7M23%
Public Authorities$13.4M6%
Industrial$6.9M3%
Non Regulated Services$4.8M2%
Other Non Regulated Service$1.2M1%

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