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Side-by-side financial comparison of American Water Works (AWK) and Centuri Holdings, Inc. (CTRI). Click either name above to swap in a different company.

American Water Works is the larger business by last-quarter revenue ($1.3B vs $858.6M, roughly 1.5× Centuri Holdings, Inc.). American Water Works runs the higher net margin — 18.7% vs 3.5%, a 15.2% gap on every dollar of revenue. On growth, Centuri Holdings, Inc. posted the faster year-over-year revenue change (19.7% vs 5.8%). Centuri Holdings, Inc. produced more free cash flow last quarter ($66.3M vs $-385.0M). Over the past eight quarters, Centuri Holdings, Inc.'s revenue compounded faster (27.5% CAGR vs 12.6%).

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...

Centuri, formerly known as Allied Leisure, was an American arcade game manufacturer. They were based in Hialeah, Florida, and were one of the top six suppliers of coin-operated arcade video game machinery in the United States during the early 1980s. Centuri in its modern inception was formed when former Taito America president Ed Miller and his partner Bill Olliges took over Allied Leisure, Inc. They renamed it "Centuri" in 1980. The company's vice president was Joel Hochberg from about 1976 ...

AWK vs CTRI — Head-to-Head

Bigger by revenue
AWK
AWK
1.5× larger
AWK
$1.3B
$858.6M
CTRI
Growing faster (revenue YoY)
CTRI
CTRI
+13.9% gap
CTRI
19.7%
5.8%
AWK
Higher net margin
AWK
AWK
15.2% more per $
AWK
18.7%
3.5%
CTRI
More free cash flow
CTRI
CTRI
$451.3M more FCF
CTRI
$66.3M
$-385.0M
AWK
Faster 2-yr revenue CAGR
CTRI
CTRI
Annualised
CTRI
27.5%
12.6%
AWK

Income Statement — Q4 2025 vs Q4 2025

Metric
AWK
AWK
CTRI
CTRI
Revenue
$1.3B
$858.6M
Net Profit
$238.0M
$30.4M
Gross Margin
9.4%
Operating Margin
31.9%
4.3%
Net Margin
18.7%
3.5%
Revenue YoY
5.8%
19.7%
Net Profit YoY
-0.4%
194.1%
EPS (diluted)
$1.22
$0.34

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
AWK
CTRI
CTRI
Q4 25
$1.3B
$858.6M
Q3 25
$1.5B
$850.0M
Q2 25
$1.3B
$724.1M
Q1 25
$1.1B
$550.1M
Q4 24
$1.2B
$717.1M
Q3 24
$1.3B
$720.1M
Q2 24
$1.1B
$672.1M
Q1 24
$1.0B
$528.0M
Net Profit
AWK
AWK
CTRI
CTRI
Q4 25
$238.0M
$30.4M
Q3 25
$379.0M
$2.1M
Q2 25
$289.0M
$8.1M
Q1 25
$205.0M
$-17.9M
Q4 24
$239.0M
$10.3M
Q3 24
$350.0M
$-3.7M
Q2 24
$277.0M
$11.7M
Q1 24
$185.0M
$-25.1M
Gross Margin
AWK
AWK
CTRI
CTRI
Q4 25
9.4%
Q3 25
9.2%
Q2 25
9.4%
Q1 25
3.7%
Q4 24
9.9%
Q3 24
10.5%
Q2 24
9.0%
Q1 24
2.5%
Operating Margin
AWK
AWK
CTRI
CTRI
Q4 25
31.9%
4.3%
Q3 25
42.2%
4.3%
Q2 25
38.4%
4.4%
Q1 25
32.7%
-2.3%
Q4 24
33.3%
4.7%
Q3 24
40.9%
5.8%
Q2 24
39.4%
4.9%
Q1 24
32.5%
-4.2%
Net Margin
AWK
AWK
CTRI
CTRI
Q4 25
18.7%
3.5%
Q3 25
26.1%
0.2%
Q2 25
22.7%
1.1%
Q1 25
18.1%
-3.3%
Q4 24
19.9%
1.4%
Q3 24
26.4%
-0.5%
Q2 24
24.3%
1.7%
Q1 24
18.4%
-4.7%
EPS (diluted)
AWK
AWK
CTRI
CTRI
Q4 25
$1.22
$0.34
Q3 25
$1.94
$0.02
Q2 25
$1.48
$0.09
Q1 25
$1.05
$-0.20
Q4 24
$1.22
$0.17
Q3 24
$1.80
$-0.04
Q2 24
$1.42
$0.14
Q1 24
$0.95
$-0.35

Balance Sheet & Financial Strength

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

Metric
AWK
AWK
CTRI
CTRI
Cash + ST InvestmentsLiquidity on hand
$98.0M
$126.6M
Total DebtLower is stronger
$12.8B
Stockholders' EquityBook value
$10.8B
$873.0M
Total Assets
$35.4B
$2.4B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AWK
AWK
CTRI
CTRI
Q4 25
$98.0M
$126.6M
Q3 25
$166.0M
$16.1M
Q2 25
$94.0M
$28.3M
Q1 25
$114.0M
$15.3M
Q4 24
$96.0M
$49.0M
Q3 24
$127.0M
$52.5M
Q2 24
$48.0M
$30.9M
Q1 24
$584.0M
$18.4M
Total Debt
AWK
AWK
CTRI
CTRI
Q4 25
$12.8B
Q3 25
$13.0B
Q2 25
$12.3B
Q1 25
$13.3B
Q4 24
$12.5B
Q3 24
$12.6B
Q2 24
$12.6B
Q1 24
$12.6B
Stockholders' Equity
AWK
AWK
CTRI
CTRI
Q4 25
$10.8B
$873.0M
Q3 25
$10.9B
$585.2M
Q2 25
$10.7B
$567.1M
Q1 25
$10.5B
$536.5M
Q4 24
$10.3B
$555.6M
Q3 24
$10.4B
$527.3M
Q2 24
$10.2B
$530.4M
Q1 24
$10.0B
$197.8M
Total Assets
AWK
AWK
CTRI
CTRI
Q4 25
$35.4B
$2.4B
Q3 25
$34.7B
$2.2B
Q2 25
$33.9B
$2.1B
Q1 25
$33.2B
$2.0B
Q4 24
$32.8B
$2.1B
Q3 24
$31.8B
$2.1B
Q2 24
$31.2B
$2.2B
Q1 24
$31.1B
$2.1B
Debt / Equity
AWK
AWK
CTRI
CTRI
Q4 25
1.18×
Q3 25
1.19×
Q2 25
1.15×
Q1 25
1.26×
Q4 24
1.21×
Q3 24
1.21×
Q2 24
1.24×
Q1 24
1.26×

Cash Flow & Capital Efficiency

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

Metric
AWK
AWK
CTRI
CTRI
Operating Cash FlowLast quarter
$663.0M
$83.9M
Free Cash FlowOCF − Capex
$-385.0M
$66.3M
FCF MarginFCF / Revenue
-30.3%
7.7%
Capex IntensityCapex / Revenue
82.5%
2.0%
Cash ConversionOCF / Net Profit
2.79×
2.76×
TTM Free Cash FlowTrailing 4 quarters
$-1.1B
$-8.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AWK
AWK
CTRI
CTRI
Q4 25
$663.0M
$83.9M
Q3 25
$764.0M
$5.2M
Q2 25
$301.0M
$-27.7M
Q1 25
$331.0M
$16.7M
Q4 24
$639.0M
$61.0M
Q3 24
$679.0M
$180.2M
Q2 24
$345.0M
$-56.6M
Q1 24
$382.0M
$-26.5M
Free Cash Flow
AWK
AWK
CTRI
CTRI
Q4 25
$-385.0M
$66.3M
Q3 25
$-33.0M
$-18.4M
Q2 25
$-432.0M
$-48.5M
Q1 25
$-217.0M
$-7.7M
Q4 24
$-255.0M
$27.8M
Q3 24
$-4.0M
$160.7M
Q2 24
$-325.0M
$-76.9M
Q1 24
$-227.0M
$-52.7M
FCF Margin
AWK
AWK
CTRI
CTRI
Q4 25
-30.3%
7.7%
Q3 25
-2.3%
-2.2%
Q2 25
-34.0%
-6.7%
Q1 25
-19.1%
-1.4%
Q4 24
-21.2%
3.9%
Q3 24
-0.3%
22.3%
Q2 24
-28.5%
-11.4%
Q1 24
-22.6%
-10.0%
Capex Intensity
AWK
AWK
CTRI
CTRI
Q4 25
82.5%
2.0%
Q3 25
54.8%
2.8%
Q2 25
57.6%
2.9%
Q1 25
48.3%
4.4%
Q4 24
74.4%
4.6%
Q3 24
51.4%
2.7%
Q2 24
58.8%
3.0%
Q1 24
60.7%
5.0%
Cash Conversion
AWK
AWK
CTRI
CTRI
Q4 25
2.79×
2.76×
Q3 25
2.02×
2.48×
Q2 25
1.04×
-3.43×
Q1 25
1.61×
Q4 24
2.67×
5.90×
Q3 24
1.94×
Q2 24
1.25×
-4.84×
Q1 24
2.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AWK
AWK

Water Services$1.0B81%
Other$127.0M10%
Wastewater Services$101.0M8%
Miscellaneous Utility Charge$11.0M1%

CTRI
CTRI

Master Services Agreement$660.7M77%
Non Union Electric Segment$163.4M19%
Related Party$25.6M3%

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