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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

Bigger by revenue
ATRO
ATRO
1.2× larger
ATRO
$240.1M
$199.4M
HTO
Growing faster (revenue YoY)
ATRO
ATRO
+13.6% gap
ATRO
15.1%
1.5%
HTO
Faster 2-yr revenue CAGR
HTO
HTO
Annualised
HTO
15.3%
13.9%
ATRO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATRO
ATRO
HTO
HTO
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.

Revenue
ATRO
ATRO
HTO
HTO
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
Net Profit
ATRO
ATRO
HTO
HTO
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
Gross Margin
ATRO
ATRO
HTO
HTO
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%
Operating Margin
ATRO
ATRO
HTO
HTO
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%
Net Margin
ATRO
ATRO
HTO
HTO
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%
EPS (diluted)
ATRO
ATRO
HTO
HTO
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
ATRO
ATRO
HTO
HTO
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.

Cash + ST Investments
ATRO
ATRO
HTO
HTO
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
Total Debt
ATRO
ATRO
HTO
HTO
Q4 25
$1.9B
Q3 25
Q2 25
Q1 25
Q4 24
$1.7B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ATRO
ATRO
HTO
HTO
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
Total Assets
ATRO
ATRO
HTO
HTO
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
Debt / Equity
ATRO
ATRO
HTO
HTO
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
ATRO
ATRO
HTO
HTO
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.

Operating Cash Flow
ATRO
ATRO
HTO
HTO
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
Free Cash Flow
ATRO
ATRO
HTO
HTO
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
FCF Margin
ATRO
ATRO
HTO
HTO
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%
Capex Intensity
ATRO
ATRO
HTO
HTO
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%
Cash Conversion
ATRO
ATRO
HTO
HTO
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
ATRO

Product Line Electrical Power And Motion$113.8M47%
Product Line Avionics$32.0M13%
Military Aircraft$28.0M12%
General Aviation$22.3M9%
Government And Defense$20.5M9%
Product Line Systems Certification$13.2M6%
Product Line Structures$3.7M2%
Product Line Other$2.3M1%

HTO
HTO

Water Utility Services$191.0M96%
Other$8.4M4%

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