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Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and Claritev Corp (CTEV). Click either name above to swap in a different company.
Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $164.3M, roughly 1.5× AMERICAN STATES WATER CO). AMERICAN STATES WATER CO runs the higher net margin — 17.5% vs -32.7%, a 50.2% gap on every dollar of revenue. On growth, AMERICAN STATES WATER CO posted the faster year-over-year revenue change (14.8% vs 6.2%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $-36.0M). Over the past eight quarters, AMERICAN STATES WATER CO's revenue compounded faster (10.2% CAGR vs 2.5%).
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
AWR vs CTEV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $164.3M | $246.6M |
| Net Profit | $28.7M | $-80.6M |
| Gross Margin | 88.9% | — |
| Operating Margin | 27.4% | -3.1% |
| Net Margin | 17.5% | -32.7% |
| Revenue YoY | 14.8% | 6.2% |
| Net Profit YoY | 1.1% | 41.6% |
| EPS (diluted) | $0.74 | $-4.88 |
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.
| Q4 25 | $164.3M | $246.6M | ||
| Q3 25 | $182.7M | $246.0M | ||
| Q2 25 | $163.1M | $241.6M | ||
| Q1 25 | $148.0M | $231.3M | ||
| Q4 24 | $143.1M | $232.1M | ||
| Q3 24 | $161.8M | $230.5M | ||
| Q2 24 | $155.3M | $233.5M | ||
| Q1 24 | $135.3M | $234.5M |
| Q4 25 | $28.7M | $-80.6M | ||
| Q3 25 | $41.2M | $-69.8M | ||
| Q2 25 | $33.7M | $-62.6M | ||
| Q1 25 | $26.8M | $-71.3M | ||
| Q4 24 | $28.4M | $-138.0M | ||
| Q3 24 | $35.8M | $-391.4M | ||
| Q2 24 | $31.9M | $-576.7M | ||
| Q1 24 | $23.1M | $-539.7M |
| Q4 25 | 88.9% | — | ||
| Q3 25 | 91.0% | — | ||
| Q2 25 | 92.1% | — | ||
| Q1 25 | 91.3% | — | ||
| Q4 24 | 92.4% | — | ||
| Q3 24 | 92.7% | — | ||
| Q2 24 | 89.6% | — | ||
| Q1 24 | 88.4% | — |
| Q4 25 | 27.4% | -3.1% | ||
| Q3 25 | 33.8% | 4.1% | ||
| Q2 25 | 31.3% | 6.9% | ||
| Q1 25 | 30.8% | 4.2% | ||
| Q4 24 | 27.0% | -17.8% | ||
| Q3 24 | 34.0% | -146.7% | ||
| Q2 24 | 33.3% | -224.4% | ||
| Q1 24 | 28.8% | -207.4% |
| Q4 25 | 17.5% | -32.7% | ||
| Q3 25 | 22.5% | -28.4% | ||
| Q2 25 | 20.7% | -25.9% | ||
| Q1 25 | 18.1% | -30.8% | ||
| Q4 24 | 19.9% | -59.4% | ||
| Q3 24 | 22.1% | -169.8% | ||
| Q2 24 | 20.5% | -247.0% | ||
| Q1 24 | 17.1% | -230.1% |
| Q4 25 | $0.74 | $-4.88 | ||
| Q3 25 | $1.06 | $-4.23 | ||
| Q2 25 | $0.87 | $-3.81 | ||
| Q1 25 | $0.70 | $-4.38 | ||
| Q4 24 | $0.75 | $-8.49 | ||
| Q3 24 | $0.95 | $-24.25 | ||
| Q2 24 | $0.85 | $-35.78 | ||
| Q1 24 | $0.62 | $-33.40 |
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 | $16.8M |
| Total DebtLower is stronger | $782.7M | $4.6B |
| Stockholders' EquityBook value | $1.0B | $-173.9M |
| Total Assets | $2.7B | $4.9B |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.8M | $16.8M | ||
| Q3 25 | $26.1M | $39.2M | ||
| Q2 25 | $20.2M | $56.4M | ||
| Q1 25 | $21.2M | $23.1M | ||
| Q4 24 | $26.7M | $16.8M | ||
| Q3 24 | $16.5M | $86.6M | ||
| Q2 24 | $3.6M | $48.8M | ||
| Q1 24 | $17.0M | $58.7M |
| Q4 25 | $782.7M | $4.6B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | $640.4M | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $1.0B | $-173.9M | ||
| Q3 25 | $1.0B | $-101.8M | ||
| Q2 25 | $972.5M | $-39.9M | ||
| Q1 25 | $956.4M | $14.8M | ||
| Q4 24 | $920.1M | $84.0M | ||
| Q3 24 | $879.5M | $207.6M | ||
| Q2 24 | $833.5M | $603.4M | ||
| Q1 24 | $800.5M | $1.2B |
| Q4 25 | $2.7B | $4.9B | ||
| Q3 25 | $2.7B | $5.0B | ||
| Q2 25 | $2.6B | $5.1B | ||
| Q1 25 | $2.5B | $5.1B | ||
| Q4 24 | $2.5B | $5.2B | ||
| Q3 24 | $2.4B | $5.3B | ||
| Q2 24 | $2.3B | $5.7B | ||
| Q1 24 | $2.3B | $6.4B |
| Q4 25 | 0.75× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 304.87× | ||
| Q4 24 | 0.70× | 53.67× | ||
| Q3 24 | — | 21.73× | ||
| Q2 24 | — | 7.48× | ||
| Q1 24 | — | 3.85× |
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 | $66.3M |
| Free Cash FlowOCF − Capex | $-36.0M | $36.4M |
| FCF MarginFCF / Revenue | -21.9% | 14.8% |
| Capex IntensityCapex / Revenue | 38.8% | 12.1% |
| Cash ConversionOCF / Net Profit | 0.96× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-7.1M | $-12.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $66.3M | ||
| Q3 25 | $92.4M | $19.9M | ||
| Q2 25 | $64.6M | $61.2M | ||
| Q1 25 | $45.1M | $-30.1M | ||
| Q4 24 | $64.5M | $-33.4M | ||
| Q3 24 | $63.7M | $72.8M | ||
| Q2 24 | $24.7M | $18.5M | ||
| Q1 24 | $45.8M | $49.7M |
| Q4 25 | $-36.0M | $36.4M | ||
| Q3 25 | $37.7M | $-16.3M | ||
| Q2 25 | $13.7M | $36.6M | ||
| Q1 25 | $-22.5M | $-68.9M | ||
| Q4 24 | $6.0M | $-63.8M | ||
| Q3 24 | $-478.0K | $41.1M | ||
| Q2 24 | $-37.0M | $-7.0M | ||
| Q1 24 | $-1.7M | $19.2M |
| Q4 25 | -21.9% | 14.8% | ||
| Q3 25 | 20.7% | -6.6% | ||
| Q2 25 | 8.4% | 15.2% | ||
| Q1 25 | -15.2% | -29.8% | ||
| Q4 24 | 4.2% | -27.5% | ||
| Q3 24 | -0.3% | 17.8% | ||
| Q2 24 | -23.8% | -3.0% | ||
| Q1 24 | -1.3% | 8.2% |
| Q4 25 | 38.8% | 12.1% | ||
| Q3 25 | 29.9% | 14.7% | ||
| Q2 25 | 31.2% | 10.2% | ||
| Q1 25 | 45.6% | 16.8% | ||
| Q4 24 | 40.9% | 13.1% | ||
| Q3 24 | 39.7% | 13.8% | ||
| Q2 24 | 39.8% | 10.9% | ||
| Q1 24 | 35.2% | 13.0% |
| Q4 25 | 0.96× | — | ||
| Q3 25 | 2.24× | — | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 2.27× | — | ||
| Q3 24 | 1.78× | — | ||
| Q2 24 | 0.78× | — | ||
| Q1 24 | 1.98× | — |
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% |
CTEV
Segment breakdown not available.
