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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and H2O AMERICA (HTO). Click either name above to swap in a different company.
ASTRONICS CORP is the larger business by last-quarter revenue ($240.1M vs $199.4M, roughly 1.2× H2O AMERICA). On growth, ASTRONICS CORP posted the faster year-over-year revenue change (15.1% vs 1.5%). Over the past eight quarters, H2O AMERICA's revenue compounded faster (15.3% CAGR vs 13.9%).
Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.
H2O Wireless is a United States-based prepaid cell phone service, that utilizes the AT&T network. It is a brand of the mobile virtual network operator (MVNO) Locus Telecommunications, a subsidiary of Telrite Holdings, Inc., since 2019. Locus was formerly a subsidiary of KDDI America corporation, starting in 2010. H2O Wireless is primarily advertised as a non-restrictive phone service for customers to bring or buy unlocked smartphones, although AT&T contract/locked phones may be accepted as well.
ATRO vs HTO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $240.1M | $199.4M |
| Net Profit | — | $16.2M |
| Gross Margin | 33.3% | — |
| Operating Margin | 14.8% | 16.6% |
| Net Margin | — | 8.1% |
| Revenue YoY | 15.1% | 1.5% |
| Net Profit YoY | — | -29.2% |
| EPS (diluted) | $0.82 | $0.45 |
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 | $240.1M | $199.4M | ||
| Q3 25 | $211.4M | $243.5M | ||
| Q2 25 | $204.7M | $197.8M | ||
| Q1 25 | $205.9M | $164.9M | ||
| Q4 24 | $208.5M | $196.5M | ||
| Q3 24 | $203.7M | $216.7M | ||
| Q2 24 | $198.1M | $173.1M | ||
| Q1 24 | $185.1M | $150.0M |
| Q4 25 | — | $16.2M | ||
| Q3 25 | $-11.1M | $45.1M | ||
| Q2 25 | $1.3M | $24.7M | ||
| Q1 25 | $9.5M | $16.6M | ||
| Q4 24 | — | $22.9M | ||
| Q3 24 | $-11.7M | $38.7M | ||
| Q2 24 | $1.5M | $20.7M | ||
| Q1 24 | $-3.2M | $11.7M |
| Q4 25 | 33.3% | — | ||
| Q3 25 | 30.5% | — | ||
| Q2 25 | 25.8% | — | ||
| Q1 25 | 29.5% | — | ||
| Q4 24 | 29.8% | — | ||
| Q3 24 | 27.1% | — | ||
| Q2 24 | 28.0% | — | ||
| Q1 24 | 25.7% | — |
| Q4 25 | 14.8% | 16.6% | ||
| Q3 25 | 10.9% | 26.5% | ||
| Q2 25 | 2.3% | 22.2% | ||
| Q1 25 | 6.4% | 21.8% | ||
| Q4 24 | 4.3% | 22.2% | ||
| Q3 24 | 4.1% | 26.9% | ||
| Q2 24 | 3.8% | 23.4% | ||
| Q1 24 | 0.9% | 18.6% |
| Q4 25 | — | 8.1% | ||
| Q3 25 | -5.2% | 18.5% | ||
| Q2 25 | 0.6% | 12.5% | ||
| Q1 25 | 4.6% | 10.0% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | -5.8% | 17.8% | ||
| Q2 24 | 0.8% | 12.0% | ||
| Q1 24 | -1.7% | 7.8% |
| Q4 25 | $0.82 | $0.45 | ||
| Q3 25 | $-0.31 | $1.27 | ||
| Q2 25 | $0.04 | $0.71 | ||
| Q1 25 | $0.26 | $0.49 | ||
| Q4 24 | $-0.07 | $0.70 | ||
| Q3 24 | $-0.34 | $1.17 | ||
| Q2 24 | $0.04 | $0.64 | ||
| Q1 24 | $-0.09 | $0.36 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.2M | $20.7M |
| Total DebtLower is stronger | — | $1.9B |
| Stockholders' EquityBook value | $140.1M | $1.5B |
| Total Assets | $706.7M | $5.1B |
| Debt / EquityLower = less leverage | — | 1.23× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $20.7M | ||
| Q3 25 | $13.5M | $11.3M | ||
| Q2 25 | $13.5M | $19.8M | ||
| Q1 25 | $24.8M | $23.7M | ||
| Q4 24 | $9.3M | $11.1M | ||
| Q3 24 | $5.2M | $4.0M | ||
| Q2 24 | $2.9M | $22.8M | ||
| Q1 24 | $5.3M | $4.5M |
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $140.1M | $1.5B | ||
| Q3 25 | $108.9M | $1.5B | ||
| Q2 25 | $271.6M | $1.5B | ||
| Q1 25 | $266.8M | $1.4B | ||
| Q4 24 | $256.1M | $1.4B | ||
| Q3 24 | $249.2M | $1.3B | ||
| Q2 24 | $257.9M | $1.3B | ||
| Q1 24 | $251.7M | $1.2B |
| Q4 25 | $706.7M | $5.1B | ||
| Q3 25 | $682.2M | $5.0B | ||
| Q2 25 | $646.7M | $4.8B | ||
| Q1 25 | $662.2M | $4.7B | ||
| Q4 24 | $648.8M | $4.7B | ||
| Q3 24 | $651.6M | $4.6B | ||
| Q2 24 | $644.9M | $4.4B | ||
| Q1 24 | $630.0M | $4.4B |
| Q4 25 | — | 1.23× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $27.6M | $63.5M |
| Free Cash FlowOCF − Capex | $15.8M | — |
| FCF MarginFCF / Revenue | 6.6% | — |
| Capex IntensityCapex / Revenue | 4.9% | — |
| Cash ConversionOCF / Net Profit | — | 3.92× |
| TTM Free Cash FlowTrailing 4 quarters | $43.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.6M | $63.5M | ||
| Q3 25 | $34.2M | $77.3M | ||
| Q2 25 | $-7.6M | $60.8M | ||
| Q1 25 | $20.6M | $43.2M | ||
| Q4 24 | $26.4M | $41.5M | ||
| Q3 24 | $8.4M | $53.5M | ||
| Q2 24 | $-6.3M | $49.3M | ||
| Q1 24 | $2.0M | $51.2M |
| Q4 25 | $15.8M | — | ||
| Q3 25 | $21.0M | — | ||
| Q2 25 | $-12.2M | — | ||
| Q1 25 | $18.5M | — | ||
| Q4 24 | $23.2M | — | ||
| Q3 24 | $6.5M | — | ||
| Q2 24 | $-8.1M | — | ||
| Q1 24 | $439.0K | — |
| Q4 25 | 6.6% | — | ||
| Q3 25 | 9.9% | — | ||
| Q2 25 | -6.0% | — | ||
| Q1 25 | 9.0% | — | ||
| Q4 24 | 11.1% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | -4.1% | — | ||
| Q1 24 | 0.2% | — |
| Q4 25 | 4.9% | — | ||
| Q3 25 | 6.2% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 0.9% | — |
| Q4 25 | — | 3.92× | ||
| Q3 25 | — | 1.71× | ||
| Q2 25 | -5.81× | 2.47× | ||
| Q1 25 | 2.17× | 2.61× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | — | 1.39× | ||
| Q2 24 | -4.08× | 2.38× | ||
| Q1 24 | — | 4.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
HTO
| Water Utility Services | $191.0M | 96% |
| Other | $8.4M | 4% |