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Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and Climb Global Solutions, Inc. (CLMB). Click either name above to swap in a different company.
Climb Global Solutions, Inc. is the larger business by last-quarter revenue ($182.4M vs $164.3M, roughly 1.1× AMERICAN STATES WATER CO). AMERICAN STATES WATER CO runs the higher net margin — 17.5% vs 1.8%, a 15.7% gap on every dollar of revenue. On growth, Climb Global Solutions, Inc. posted the faster year-over-year revenue change (32.1% vs 14.8%). Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (40.7% CAGR vs 10.2%).
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
AWR vs CLMB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $164.3M | $182.4M |
| Net Profit | $28.7M | $3.3M |
| Gross Margin | 88.9% | 14.5% |
| Operating Margin | 27.4% | 2.1% |
| Net Margin | 17.5% | 1.8% |
| Revenue YoY | 14.8% | 32.1% |
| Net Profit YoY | 1.1% | -9.5% |
| EPS (diluted) | $0.74 | $0.18 |
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.
| Q1 26 | — | $182.4M | ||
| Q4 25 | $164.3M | $193.8M | ||
| Q3 25 | $182.7M | $161.3M | ||
| Q2 25 | $163.1M | $159.3M | ||
| Q1 25 | $148.0M | $138.0M | ||
| Q4 24 | $143.1M | $161.8M | ||
| Q3 24 | $161.8M | $119.3M | ||
| Q2 24 | $155.3M | $92.1M |
| Q1 26 | — | $3.3M | ||
| Q4 25 | $28.7M | $7.0M | ||
| Q3 25 | $41.2M | $4.7M | ||
| Q2 25 | $33.7M | $6.0M | ||
| Q1 25 | $26.8M | $3.7M | ||
| Q4 24 | $28.4M | $7.0M | ||
| Q3 24 | $35.8M | $5.5M | ||
| Q2 24 | $31.9M | $3.4M |
| Q1 26 | — | 14.5% | ||
| Q4 25 | 88.9% | 15.4% | ||
| Q3 25 | 91.0% | 15.9% | ||
| Q2 25 | 92.1% | 16.5% | ||
| Q1 25 | 91.3% | 16.9% | ||
| Q4 24 | 92.4% | 19.3% | ||
| Q3 24 | 92.7% | 20.3% | ||
| Q2 24 | 89.6% | 20.2% |
| Q1 26 | — | 2.1% | ||
| Q4 25 | 27.4% | 4.9% | ||
| Q3 25 | 33.8% | 4.3% | ||
| Q2 25 | 31.3% | 5.0% | ||
| Q1 25 | 30.8% | 3.5% | ||
| Q4 24 | 27.0% | 7.2% | ||
| Q3 24 | 34.0% | 7.1% | ||
| Q2 24 | 33.3% | 4.6% |
| Q1 26 | — | 1.8% | ||
| Q4 25 | 17.5% | 3.6% | ||
| Q3 25 | 22.5% | 2.9% | ||
| Q2 25 | 20.7% | 3.7% | ||
| Q1 25 | 18.1% | 2.7% | ||
| Q4 24 | 19.9% | 4.3% | ||
| Q3 24 | 22.1% | 4.6% | ||
| Q2 24 | 20.5% | 3.7% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.74 | $1.51 | ||
| Q3 25 | $1.06 | $1.02 | ||
| Q2 25 | $0.87 | $1.30 | ||
| Q1 25 | $0.70 | $0.81 | ||
| Q4 24 | $0.75 | $1.52 | ||
| Q3 24 | $0.95 | $1.19 | ||
| Q2 24 | $0.85 | $0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.8M | $41.8M |
| Total DebtLower is stronger | $782.7M | — |
| Stockholders' EquityBook value | $1.0B | $118.4M |
| Total Assets | $2.7B | $458.8M |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $41.8M | ||
| Q4 25 | $18.8M | $36.6M | ||
| Q3 25 | $26.1M | $49.8M | ||
| Q2 25 | $20.2M | $28.6M | ||
| Q1 25 | $21.2M | $32.5M | ||
| Q4 24 | $26.7M | $29.8M | ||
| Q3 24 | $16.5M | $22.1M | ||
| Q2 24 | $3.6M | $48.4M |
| Q1 26 | — | — | ||
| Q4 25 | $782.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $640.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $118.4M | ||
| Q4 25 | $1.0B | $116.6M | ||
| Q3 25 | $1.0B | $109.3M | ||
| Q2 25 | $972.5M | $105.2M | ||
| Q1 25 | $956.4M | $95.6M | ||
| Q4 24 | $920.1M | $90.6M | ||
| Q3 24 | $879.5M | $87.7M | ||
| Q2 24 | $833.5M | $79.8M |
| Q1 26 | — | $458.8M | ||
| Q4 25 | $2.7B | $460.2M | ||
| Q3 25 | $2.7B | $376.1M | ||
| Q2 25 | $2.6B | $420.7M | ||
| Q1 25 | $2.5B | $370.1M | ||
| Q4 24 | $2.5B | $469.2M | ||
| Q3 24 | $2.4B | $371.9M | ||
| Q2 24 | $2.3B | $302.8M |
| Q1 26 | — | — | ||
| Q4 25 | 0.75× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $27.7M | — |
| Free Cash FlowOCF − Capex | $-36.0M | — |
| FCF MarginFCF / Revenue | -21.9% | — |
| Capex IntensityCapex / Revenue | 38.8% | — |
| Cash ConversionOCF / Net Profit | 0.96× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-7.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $27.7M | $-11.9M | ||
| Q3 25 | $92.4M | $22.2M | ||
| Q2 25 | $64.6M | $-2.2M | ||
| Q1 25 | $45.1M | $8.5M | ||
| Q4 24 | $64.5M | $16.0M | ||
| Q3 24 | $63.7M | $-3.6M | ||
| Q2 24 | $24.7M | $7.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-36.0M | — | ||
| Q3 25 | $37.7M | — | ||
| Q2 25 | $13.7M | — | ||
| Q1 25 | $-22.5M | — | ||
| Q4 24 | $6.0M | — | ||
| Q3 24 | $-478.0K | — | ||
| Q2 24 | $-37.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | -21.9% | — | ||
| Q3 25 | 20.7% | — | ||
| Q2 25 | 8.4% | — | ||
| Q1 25 | -15.2% | — | ||
| Q4 24 | 4.2% | — | ||
| Q3 24 | -0.3% | — | ||
| Q2 24 | -23.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 38.8% | — | ||
| Q3 25 | 29.9% | — | ||
| Q2 25 | 31.2% | — | ||
| Q1 25 | 45.6% | — | ||
| Q4 24 | 40.9% | — | ||
| Q3 24 | 39.7% | — | ||
| Q2 24 | 39.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | -1.70× | ||
| Q3 25 | 2.24× | 4.73× | ||
| Q2 25 | 1.92× | -0.37× | ||
| Q1 25 | 1.68× | 2.30× | ||
| Q4 24 | 2.27× | 2.29× | ||
| Q3 24 | 1.78× | -0.66× | ||
| Q2 24 | 0.78× | 2.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AWR
| Water Service Utility Operations | $110.0M | 67% |
| Public Utilities Inventory Water | $22.3M | 14% |
| Wastewater | $15.9M | 10% |
| Electric Service Utility Operations | $15.2M | 9% |
CLMB
Segment breakdown not available.
