How do American Water Works and Brown–Forman compare by revenue?

American Water Works reported revenue of $1.3B in Q4 FY2025, while Brown–Forman reported $1.0B in Q2 FY2026. American Water Works is 1.2× larger by last-quarter revenue.

Which is growing revenue faster, American Water Works or Brown–Forman?

American Water Works's latest revenue grew 5.8% year-over-year, versus -5.4% for Brown–Forman. American Water Works is growing faster on a YoY basis.

Which has a higher net margin, American Water Works or Brown–Forman?

American Water Works's net margin is 18.7% vs Brown–Forman's 21.6%. Brown–Forman has the higher bottom-line margin.

Which generates more free cash flow, American Water Works or Brown–Forman?

American Water Works generated $-385.0M of free cash flow last quarter, versus $107.0M for Brown–Forman. Free cash flow is operating cash flow minus capital expenditure — what's actually left for dividends, buybacks and debt repayment.

What is the 2-year revenue CAGR for American Water Works vs Brown–Forman?

Over the trailing 8 quarters, American Water Works compounded revenue at roughly 12.6% per year, versus -1.6% for Brown–Forman. American Water Works has the faster medium-term growth trajectory.

Where does this AWK vs BF.B data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

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Side-by-side financial comparison of American Water Works (AWK) and Brown–Forman (BF.B). Click either name above to swap in a different company.

American Water Works is the larger business by last-quarter revenue ($1.3B vs $1.0B, roughly 1.2× Brown–Forman). Brown–Forman runs the higher net margin — 21.6% vs 18.7%, a 2.9% gap on every dollar of revenue. On growth, American Water Works posted the faster year-over-year revenue change (5.8% vs -5.4%). Brown–Forman produced more free cash flow last quarter ($107.0M vs $-385.0M). Over the past eight quarters, American Water Works's revenue compounded faster (12.6% CAGR vs -1.6%).

American Water WorksAWKEarnings & Financial Report

NYSE · Utilities · Regulated Water

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.4 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers...

Brown–FormanBF.BEarnings & Financial Report

Consumer Staples · Distillers & Vintners

Brown-Forman Corporation is an American family-controlled publicly traded company, one of the largest in the spirits and wine business. Based in Louisville, Kentucky, it manufactures several very well known brands throughout the world, including Jack Daniel's, Old Forester, Woodford Reserve, GlenDronach, BenRiach, Glenglassaugh, Herradura, Korbel, and Chambord. Brown-Forman formerly owned Southern Comfort and Tuaca before selling them off in 2016.

AWK vs BF.B — Head-to-Head

Bigger by revenue

AWK

1.2× larger

$1.3B

$1.0B

Growing faster (revenue YoY)

AWK

+11.2% gap

5.8%

-5.4%

Higher net margin

BF.B

2.9% more per $

21.6%

18.7%

More free cash flow

BF.B

$492.0M more FCF

$107.0M

$-385.0M

Faster 2-yr revenue CAGR

AWK

Annualised

12.6%

-1.6%

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric	AWK	BF.B
Revenue	$1.3B	$1.0B
Net Profit	$238.0M	$224.0M
Gross Margin	—	59.4%
Operating Margin	31.9%	29.4%
Net Margin	18.7%	21.6%
Revenue YoY	5.8%	-5.4%
Net Profit YoY	-0.4%	-13.2%
EPS (diluted)	$1.22	$0.47

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

AWK

BF.B

Q4 25	$1.3B	$1.0B
Q3 25	$1.5B	$924.0M
Q2 25	$1.3B	$894.0M
Q1 25	$1.1B	$1.0B
Q4 24	$1.2B	$1.1B
Q3 24	$1.3B	$951.0M
Q2 24	$1.1B	$964.0M
Q1 24	$1.0B	$1.1B

Net Profit

AWK

BF.B

Q4 25	$238.0M	$224.0M
Q3 25	$379.0M	$170.0M
Q2 25	$289.0M	$146.0M
Q1 25	$205.0M	$270.0M
Q4 24	$239.0M	$258.0M
Q3 24	$350.0M	$195.0M
Q2 24	$277.0M	$266.0M
Q1 24	$185.0M	$285.0M

Gross Margin

AWK

BF.B

Q4 25	—	59.4%
Q3 25	—	59.7%
Q2 25	—	57.4%
Q1 25	—	59.8%
Q4 24	—	59.0%
Q3 24	—	59.4%
Q2 24	—	59.0%
Q1 24	—	59.4%

Operating Margin

AWK

BF.B

Q4 25	31.9%	29.4%
Q3 25	42.2%	28.1%
Q2 25	38.4%	22.9%
Q1 25	32.7%	27.1%
Q4 24	33.3%	31.1%
Q3 24	40.9%	29.5%
Q2 24	39.4%	38.9%
Q1 24	32.5%	34.9%

Net Margin

AWK

BF.B

Q4 25	18.7%	21.6%
Q3 25	26.1%	18.4%
Q2 25	22.7%	16.3%
Q1 25	18.1%	26.1%
Q4 24	19.9%	23.6%
Q3 24	26.4%	20.5%
Q2 24	24.3%	27.6%
Q1 24	18.4%	26.7%

EPS (diluted)

AWK

BF.B

Q4 25	$1.22	$0.47
Q3 25	$1.94	$0.36
Q2 25	$1.48	$0.31
Q1 25	$1.05	$0.57
Q4 24	$1.22	$0.55
Q3 24	$1.80	$0.41
Q2 24	$1.42	$0.56
Q1 24	$0.95	$0.60

Balance Sheet & Financial Strength

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

Metric	AWK	BF.B
Cash + ST InvestmentsLiquidity on hand	$98.0M	$319.0M
Total DebtLower is stronger	$12.8B	$2.4B
Stockholders' EquityBook value	$10.8B	$4.1B
Total Assets	$35.4B	$8.2B
Debt / EquityLower = less leverage	1.18×	0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

AWK

BF.B

Q4 25	$98.0M	$319.0M
Q3 25	$166.0M	$471.0M
Q2 25	$94.0M	$444.0M
Q1 25	$114.0M	$599.0M
Q4 24	$96.0M	$416.0M
Q3 24	$127.0M	$416.0M
Q2 24	$48.0M	$446.0M
Q1 24	$584.0M	$589.0M

Total Debt

AWK

BF.B

Q4 25	$12.8B	$2.4B
Q3 25	$13.0B	$2.4B
Q2 25	$12.3B	$2.4B
Q1 25	$13.3B	$2.7B
Q4 24	$12.5B	$2.7B
Q3 24	$12.6B	$2.7B
Q2 24	$12.6B	$2.7B
Q1 24	$12.6B	$2.7B

Stockholders' Equity

AWK

BF.B

Q4 25	$10.8B	$4.1B
Q3 25	$10.9B	$4.0B
Q2 25	$10.7B	$4.0B
Q1 25	$10.5B	$3.8B
Q4 24	$10.3B	$3.7B
Q3 24	$10.4B	$3.5B
Q2 24	$10.2B	$3.5B
Q1 24	$10.0B	$3.2B

Total Assets

AWK

BF.B

Q4 25	$35.4B	$8.2B
Q3 25	$34.7B	$8.2B
Q2 25	$33.9B	$8.1B
Q1 25	$33.2B	$8.1B
Q4 24	$32.8B	$8.3B
Q3 24	$31.8B	$8.2B
Q2 24	$31.2B	$8.2B
Q1 24	$31.1B	$8.2B

Debt / Equity

AWK

BF.B

Q4 25	1.18×	0.59×
Q3 25	1.19×	0.61×
Q2 25	1.15×	0.61×
Q1 25	1.26×	0.70×
Q4 24	1.21×	0.73×
Q3 24	1.21×	0.77×
Q2 24	1.24×	0.76×
Q1 24	1.26×	0.83×

Cash Flow & Capital Efficiency

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

Metric	AWK	BF.B
Operating Cash FlowLast quarter	$663.0M	$132.0M
Free Cash FlowOCF − Capex	$-385.0M	$107.0M
FCF MarginFCF / Revenue	-30.3%	10.3%
Capex IntensityCapex / Revenue	82.5%	2.4%
Cash ConversionOCF / Net Profit	2.79×	0.59×
TTM Free Cash FlowTrailing 4 quarters	$-1.1B	$610.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow

AWK

BF.B

Q4 25	$663.0M	$132.0M
Q3 25	$764.0M	$160.0M
Q2 25	$301.0M	$152.0M
Q1 25	$331.0M	$317.0M
Q4 24	$639.0M	$112.0M
Q3 24	$679.0M	$17.0M
Q2 24	$345.0M	$285.0M
Q1 24	$382.0M	$265.0M

Free Cash Flow

AWK

BF.B

Q4 25	$-385.0M	$107.0M
Q3 25	$-33.0M	$129.0M
Q2 25	$-432.0M	$102.0M
Q1 25	$-217.0M	$272.0M
Q4 24	$-255.0M	$81.0M
Q3 24	$-4.0M	$-24.0M
Q2 24	$-325.0M	$205.0M
Q1 24	$-227.0M	$196.0M