How do American Water Works and Transocean Ltd. compare by revenue?

American Water Works reported revenue of $1.3B in Q4 FY2025, while Transocean Ltd. reported $1.0B in Q4 FY2025. American Water Works is 1.2× larger by last-quarter revenue.

Which is growing revenue faster, American Water Works or Transocean Ltd.?

American Water Works's latest revenue grew 5.8% year-over-year, versus 9.6% for Transocean Ltd.. Transocean Ltd. is growing faster on a YoY basis.

Which has a higher net margin, American Water Works or Transocean Ltd.?

American Water Works's net margin is 18.7% vs Transocean Ltd.'s 2.4%. American Water Works has the higher bottom-line margin.

Which generates more free cash flow, American Water Works or Transocean Ltd.?

American Water Works generated $-385.0M of free cash flow last quarter, versus $321.0M for Transocean Ltd.. 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 Transocean Ltd.?

Over the trailing 8 quarters, American Water Works compounded revenue at roughly 12.6% per year, versus 16.9% for Transocean Ltd.. Transocean Ltd. has the faster medium-term growth trajectory.

Where does this AWK vs RIG 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 Transocean Ltd. (RIG). 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× Transocean Ltd.). American Water Works runs the higher net margin — 18.7% vs 2.4%, a 16.3% gap on every dollar of revenue. On growth, Transocean Ltd. posted the faster year-over-year revenue change (9.6% vs 5.8%). Transocean Ltd. produced more free cash flow last quarter ($321.0M vs $-385.0M). Over the past eight quarters, Transocean Ltd.'s revenue compounded faster (16.9% CAGR vs 12.6%).

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...

Transocean Ltd.RIGEarnings & Financial Report

NYSE · Energy · Drilling Oil & Gas Wells

Transocean Ltd. is an American drilling company. It is the world's largest offshore drilling contractor based on revenue and is based in Steinhausen, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.

AWK vs RIG — Head-to-Head

Bigger by revenue

AWK

1.2× larger

$1.3B

$1.0B

Growing faster (revenue YoY)

RIG

+3.7% gap

9.6%

5.8%

Higher net margin

AWK

16.3% more per $

18.7%

2.4%

More free cash flow

RIG

$706.0M more FCF

$321.0M

$-385.0M

Faster 2-yr revenue CAGR

RIG

Annualised

16.9%

12.6%

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric	AWK	RIG
Revenue	$1.3B	$1.0B
Net Profit	$238.0M	$25.0M
Gross Margin	—	42.0%
Operating Margin	31.9%	23.0%
Net Margin	18.7%	2.4%
Revenue YoY	5.8%	9.6%
Net Profit YoY	-0.4%	257.1%
EPS (diluted)	$1.22	$0.13

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

RIG

Q4 25	$1.3B	$1.0B
Q3 25	$1.5B	$1.0B
Q2 25	$1.3B	$988.0M
Q1 25	$1.1B	$906.0M
Q4 24	$1.2B	$952.0M
Q3 24	$1.3B	$948.0M
Q2 24	$1.1B	$861.0M
Q1 24	$1.0B	$763.0M

Net Profit

AWK

RIG

Q4 25	$238.0M	$25.0M
Q3 25	$379.0M	$-1.9B
Q2 25	$289.0M	$-938.0M
Q1 25	$205.0M	$-79.0M
Q4 24	$239.0M	$7.0M
Q3 24	$350.0M	$-494.0M
Q2 24	$277.0M	$-123.0M
Q1 24	$185.0M	$98.0M

Gross Margin

AWK

RIG

Q4 25	—	42.0%
Q3 25	—	43.2%
Q2 25	—	39.4%
Q1 25	—	31.8%
Q4 24	—	39.2%
Q3 24	—	40.6%
Q2 24	—	38.0%
Q1 24	—	31.5%

Operating Margin

AWK

RIG

Q4 25	31.9%	23.0%
Q3 25	42.2%	-163.1%
Q2 25	38.4%	-97.6%
Q1 25	32.7%	7.1%
Q4 24	33.3%	13.7%
Q3 24	40.9%	-51.2%
Q2 24	39.4%	-6.9%
Q1 24	32.5%	-0.4%

Net Margin

AWK

RIG

Q4 25	18.7%	2.4%
Q3 25	26.1%	-187.1%
Q2 25	22.7%	-94.9%
Q1 25	18.1%	-8.7%
Q4 24	19.9%	0.7%
Q3 24	26.4%	-52.1%
Q2 24	24.3%	-14.3%
Q1 24	18.4%	12.8%

EPS (diluted)

AWK

RIG

Q4 25	$1.22	$0.13
Q3 25	$1.94	$-2.00
Q2 25	$1.48	$-1.06
Q1 25	$1.05	$-0.11
Q4 24	$1.22	$-0.14
Q3 24	$1.80	$-0.58
Q2 24	$1.42	$-0.15
Q1 24	$0.95	$0.11

Balance Sheet & Financial Strength

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

Metric	AWK	RIG
Cash + ST InvestmentsLiquidity on hand	$98.0M	$620.0M
Total DebtLower is stronger	$12.8B	$5.2B
Stockholders' EquityBook value	$10.8B	$8.1B
Total Assets	$35.4B	$15.6B
Debt / EquityLower = less leverage	1.18×	0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

AWK

RIG

Q4 25	$98.0M	$620.0M
Q3 25	$166.0M	$833.0M
Q2 25	$94.0M	$377.0M
Q1 25	$114.0M	$263.0M
Q4 24	$96.0M	$560.0M
Q3 24	$127.0M	$435.0M
Q2 24	$48.0M	$475.0M
Q1 24	$584.0M	$446.0M

Total Debt

AWK

RIG

Q4 25	$12.8B	$5.2B
Q3 25	$13.0B	$4.8B
Q2 25	$12.3B	$5.9B
Q1 25	$13.3B	$5.9B
Q4 24	$12.5B	$6.2B
Q3 24	$12.6B	$6.5B
Q2 24	$12.6B	$6.8B
Q1 24	$12.6B	$6.8B

Stockholders' Equity

AWK

RIG

Q4 25	$10.8B	$8.1B
Q3 25	$10.9B	$8.1B
Q2 25	$10.7B	$9.4B
Q1 25	$10.5B	$10.2B
Q4 24	$10.3B	$10.3B
Q3 24	$10.4B	$10.2B
Q2 24	$10.2B	$10.7B
Q1 24	$10.0B	$10.5B

Total Assets

AWK

RIG

Q4 25	$35.4B	$15.6B
Q3 25	$34.7B	$16.2B
Q2 25	$33.9B	$17.8B
Q1 25	$33.2B	$19.0B
Q4 24	$32.8B	$19.4B
Q3 24	$31.8B	$19.5B
Q2 24	$31.2B	$20.3B
Q1 24	$31.1B	$19.9B

Debt / Equity

AWK

RIG

Q4 25	1.18×	0.64×
Q3 25	1.19×	0.60×
Q2 25	1.15×	0.63×
Q1 25	1.26×	0.58×
Q4 24	1.21×	0.60×
Q3 24	1.21×	0.64×
Q2 24	1.24×	0.63×
Q1 24	1.26×	0.65×

Cash Flow & Capital Efficiency

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

Metric	AWK	RIG
Operating Cash FlowLast quarter	$663.0M	$349.0M
Free Cash FlowOCF − Capex	$-385.0M	$321.0M
FCF MarginFCF / Revenue	-30.3%	30.8%
Capex IntensityCapex / Revenue	82.5%	2.7%
Cash ConversionOCF / Net Profit	2.79×	13.96×
TTM Free Cash FlowTrailing 4 quarters	$-1.1B	$626.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow

AWK

RIG

Q4 25	$663.0M	$349.0M
Q3 25	$764.0M	$246.0M
Q2 25	$301.0M	$128.0M
Q1 25	$331.0M	$26.0M
Q4 24	$639.0M	$206.0M
Q3 24	$679.0M	$194.0M
Q2 24	$345.0M	$133.0M
Q1 24	$382.0M	$-86.0M

Free Cash Flow

AWK

RIG

Q4 25	$-385.0M	$321.0M
Q3 25	$-33.0M	$235.0M
Q2 25	$-432.0M	$104.0M
Q1 25	$-217.0M	$-34.0M
Q4 24	$-255.0M	$177.0M
Q3 24	$-4.0M	$136.0M
Q2 24	$-325.0M	$49.0M
Q1 24	$-227.0M	$-169.0M