vs
Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and Dine Brands Global, Inc. (DIN). Click either name above to swap in a different company.
Dine Brands Global, Inc. is the larger business by last-quarter revenue ($217.6M vs $164.3M, roughly 1.3× AMERICAN STATES WATER CO). AMERICAN STATES WATER CO runs the higher net margin — 17.5% vs -5.6%, a 23.1% gap on every dollar of revenue. On growth, AMERICAN STATES WATER CO posted the faster year-over-year revenue change (14.8% vs 6.3%). Dine Brands Global, Inc. produced more free cash flow last quarter ($-8.6M vs $-36.0M). Over the past eight quarters, AMERICAN STATES WATER CO's revenue compounded faster (10.2% CAGR vs 2.7%).
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
Dine Brands Global Inc. is a publicly traded food and beverage company based in Pasadena, California. Founded in 1958 as IHOP, it operates franchised and corporate owned full-service restaurants including three restaurant concepts, Applebee's Neighborhood Grill & Bar, International House of Pancakes (IHOP), and Fuzzy's Taco Shop.
AWR vs DIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $164.3M | $217.6M |
| Net Profit | $28.7M | $-12.2M |
| Gross Margin | 88.9% | 42.4% |
| Operating Margin | 27.4% | -7.6% |
| Net Margin | 17.5% | -5.6% |
| Revenue YoY | 14.8% | 6.3% |
| Net Profit YoY | 1.1% | -336.1% |
| EPS (diluted) | $0.74 | $-0.79 |
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 | $217.6M | ||
| Q3 25 | $182.7M | $216.2M | ||
| Q2 25 | $163.1M | $230.8M | ||
| Q1 25 | $148.0M | $214.8M | ||
| Q4 24 | $143.1M | $204.8M | ||
| Q3 24 | $161.8M | $195.0M | ||
| Q2 24 | $155.3M | $206.3M | ||
| Q1 24 | $135.3M | $206.2M |
| Q4 25 | $28.7M | $-12.2M | ||
| Q3 25 | $41.2M | $7.3M | ||
| Q2 25 | $33.7M | $13.8M | ||
| Q1 25 | $26.8M | $8.2M | ||
| Q4 24 | $28.4M | $5.2M | ||
| Q3 24 | $35.8M | $19.1M | ||
| Q2 24 | $31.9M | $23.2M | ||
| Q1 24 | $23.1M | $17.5M |
| Q4 25 | 88.9% | 42.4% | ||
| Q3 25 | 91.0% | 39.1% | ||
| Q2 25 | 92.1% | 40.0% | ||
| Q1 25 | 91.3% | 42.0% | ||
| Q4 24 | 92.4% | 41.7% | ||
| Q3 24 | 92.7% | 47.8% | ||
| Q2 24 | 89.6% | 48.1% | ||
| Q1 24 | 88.4% | 47.2% |
| Q4 25 | 27.4% | -7.6% | ||
| Q3 25 | 33.8% | 4.7% | ||
| Q2 25 | 31.3% | 8.2% | ||
| Q1 25 | 30.8% | 6.0% | ||
| Q4 24 | 27.0% | 3.8% | ||
| Q3 24 | 34.0% | 13.6% | ||
| Q2 24 | 33.3% | 15.1% | ||
| Q1 24 | 28.8% | 11.7% |
| Q4 25 | 17.5% | -5.6% | ||
| Q3 25 | 22.5% | 3.4% | ||
| Q2 25 | 20.7% | 6.0% | ||
| Q1 25 | 18.1% | 3.8% | ||
| Q4 24 | 19.9% | 2.5% | ||
| Q3 24 | 22.1% | 9.8% | ||
| Q2 24 | 20.5% | 11.2% | ||
| Q1 24 | 17.1% | 8.5% |
| Q4 25 | $0.74 | $-0.79 | ||
| Q3 25 | $1.06 | $0.48 | ||
| Q2 25 | $0.87 | $0.89 | ||
| Q1 25 | $0.70 | $0.53 | ||
| Q4 24 | $0.75 | $0.35 | ||
| Q3 24 | $0.95 | $1.24 | ||
| Q2 24 | $0.85 | $1.50 | ||
| Q1 24 | $0.62 | $1.13 |
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 | $128.2M |
| Total DebtLower is stronger | $782.7M | $1.2B |
| Stockholders' EquityBook value | $1.0B | $-273.9M |
| Total Assets | $2.7B | $1.7B |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.8M | $128.2M | ||
| Q3 25 | $26.1M | $167.9M | ||
| Q2 25 | $20.2M | $194.2M | ||
| Q1 25 | $21.2M | $186.5M | ||
| Q4 24 | $26.7M | $186.7M | ||
| Q3 24 | $16.5M | $169.6M | ||
| Q2 24 | $3.6M | $153.5M | ||
| Q1 24 | $17.0M | $145.0M |
| Q4 25 | $782.7M | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | $640.4M | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | $1.0B | $-273.9M | ||
| Q3 25 | $1.0B | $-231.9M | ||
| Q2 25 | $972.5M | $-212.5M | ||
| Q1 25 | $956.4M | $-215.7M | ||
| Q4 24 | $920.1M | $-216.0M | ||
| Q3 24 | $879.5M | $-216.7M | ||
| Q2 24 | $833.5M | $-231.7M | ||
| Q1 24 | $800.5M | $-244.8M |
| Q4 25 | $2.7B | $1.7B | ||
| Q3 25 | $2.7B | $1.8B | ||
| Q2 25 | $2.6B | $1.8B | ||
| Q1 25 | $2.5B | $1.8B | ||
| Q4 24 | $2.5B | $1.8B | ||
| Q3 24 | $2.4B | $1.7B | ||
| Q2 24 | $2.3B | $1.7B | ||
| Q1 24 | $2.3B | $1.7B |
| Q4 25 | 0.75× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $5.7M |
| Free Cash FlowOCF − Capex | $-36.0M | $-8.6M |
| FCF MarginFCF / Revenue | -21.9% | -3.9% |
| Capex IntensityCapex / Revenue | 38.8% | 6.6% |
| Cash ConversionOCF / Net Profit | 0.96× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-7.1M | $53.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $5.7M | ||
| Q3 25 | $92.4M | $30.2M | ||
| Q2 25 | $64.6M | $37.0M | ||
| Q1 25 | $45.1M | $16.1M | ||
| Q4 24 | $64.5M | $30.5M | ||
| Q3 24 | $63.7M | $25.5M | ||
| Q2 24 | $24.7M | $21.6M | ||
| Q1 24 | $45.8M | $30.6M |
| Q4 25 | $-36.0M | $-8.6M | ||
| Q3 25 | $37.7M | $18.1M | ||
| Q2 25 | $13.7M | $31.0M | ||
| Q1 25 | $-22.5M | $12.8M | ||
| Q4 24 | $6.0M | $26.7M | ||
| Q3 24 | $-478.0K | $22.0M | ||
| Q2 24 | $-37.0M | $18.2M | ||
| Q1 24 | $-1.7M | $27.2M |
| Q4 25 | -21.9% | -3.9% | ||
| Q3 25 | 20.7% | 8.4% | ||
| Q2 25 | 8.4% | 13.4% | ||
| Q1 25 | -15.2% | 6.0% | ||
| Q4 24 | 4.2% | 13.0% | ||
| Q3 24 | -0.3% | 11.3% | ||
| Q2 24 | -23.8% | 8.8% | ||
| Q1 24 | -1.3% | 13.2% |
| Q4 25 | 38.8% | 6.6% | ||
| Q3 25 | 29.9% | 5.6% | ||
| Q2 25 | 31.2% | 2.6% | ||
| Q1 25 | 45.6% | 1.5% | ||
| Q4 24 | 40.9% | 1.9% | ||
| Q3 24 | 39.7% | 1.8% | ||
| Q2 24 | 39.8% | 1.7% | ||
| Q1 24 | 35.2% | 1.6% |
| Q4 25 | 0.96× | — | ||
| Q3 25 | 2.24× | 4.12× | ||
| Q2 25 | 1.92× | 2.68× | ||
| Q1 25 | 1.68× | 1.97× | ||
| Q4 24 | 2.27× | 5.88× | ||
| Q3 24 | 1.78× | 1.34× | ||
| Q2 24 | 0.78× | 0.93× | ||
| Q1 24 | 1.98× | 1.75× |
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% |
DIN
| Franchisor | $163.2M | 75% |
| Food And Beverage | $27.3M | 13% |
| Proprietary Product Sales And Other | $17.0M | 8% |
| Other | $8.1M | 4% |
| Franchise And Development Fees | $2.0M | 1% |
