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Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and FIRSTSUN CAPITAL BANCORP (FSUN). Click either name above to swap in a different company.
AMERICAN STATES WATER CO is the larger business by last-quarter revenue ($164.3M vs $110.0M, roughly 1.5× FIRSTSUN CAPITAL BANCORP). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs 17.5%, a 2.1% gap on every dollar of revenue. Over the past eight quarters, AMERICAN STATES WATER CO's revenue compounded faster (10.2% CAGR vs 6.9%).
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.
AWR vs FSUN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $164.3M | $110.0M |
| Net Profit | $28.7M | $21.6M |
| Gross Margin | 88.9% | — |
| Operating Margin | 27.4% | — |
| Net Margin | 17.5% | 19.6% |
| Revenue YoY | 14.8% | — |
| Net Profit YoY | 1.1% | -8.4% |
| EPS (diluted) | $0.74 | $0.76 |
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 | — | $110.0M | ||
| Q4 25 | $164.3M | $110.2M | ||
| Q3 25 | $182.7M | $107.3M | ||
| Q2 25 | $163.1M | $105.6M | ||
| Q1 25 | $148.0M | $96.2M | ||
| Q4 24 | $143.1M | $98.7M | ||
| Q3 24 | $161.8M | $98.2M | ||
| Q2 24 | $155.3M | $96.2M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $28.7M | $24.8M | ||
| Q3 25 | $41.2M | $23.2M | ||
| Q2 25 | $33.7M | $26.4M | ||
| Q1 25 | $26.8M | $23.6M | ||
| Q4 24 | $28.4M | $16.4M | ||
| Q3 24 | $35.8M | $22.4M | ||
| Q2 24 | $31.9M | $24.6M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 27.4% | 29.0% | ||
| Q3 25 | 33.8% | 26.4% | ||
| Q2 25 | 31.3% | 31.2% | ||
| Q1 25 | 30.8% | 30.9% | ||
| Q4 24 | 27.0% | 20.4% | ||
| Q3 24 | 34.0% | 29.1% | ||
| Q2 24 | 33.3% | 32.3% |
| Q1 26 | — | 19.6% | ||
| Q4 25 | 17.5% | 22.5% | ||
| Q3 25 | 22.5% | 21.6% | ||
| Q2 25 | 20.7% | 25.0% | ||
| Q1 25 | 18.1% | 24.5% | ||
| Q4 24 | 19.9% | 16.6% | ||
| Q3 24 | 22.1% | 22.8% | ||
| Q2 24 | 20.5% | 25.5% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | $0.74 | $0.89 | ||
| Q3 25 | $1.06 | $0.82 | ||
| Q2 25 | $0.87 | $0.93 | ||
| Q1 25 | $0.70 | $0.83 | ||
| Q4 24 | $0.75 | $0.57 | ||
| Q3 24 | $0.95 | $0.79 | ||
| Q2 24 | $0.85 | $0.88 |
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 | $413.7M |
| Total DebtLower is stronger | $782.7M | — |
| Stockholders' EquityBook value | $1.0B | $1.2B |
| Total Assets | $2.7B | $8.6B |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $413.7M | ||
| Q4 25 | $18.8M | $652.6M | ||
| Q3 25 | $26.1M | $659.9M | ||
| Q2 25 | $20.2M | $785.1M | ||
| Q1 25 | $21.2M | $621.4M | ||
| Q4 24 | $26.7M | $615.9M | ||
| Q3 24 | $16.5M | $573.7M | ||
| Q2 24 | $3.6M | $535.8M |
| Q1 26 | — | — | ||
| Q4 25 | $782.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $640.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $1.0B | $1.1B | ||
| Q2 25 | $972.5M | $1.1B | ||
| Q1 25 | $956.4M | $1.1B | ||
| Q4 24 | $920.1M | $1.0B | ||
| Q3 24 | $879.5M | $1.0B | ||
| Q2 24 | $833.5M | $996.6M |
| Q1 26 | — | $8.6B | ||
| Q4 25 | $2.7B | $8.5B | ||
| Q3 25 | $2.7B | $8.5B | ||
| Q2 25 | $2.6B | $8.4B | ||
| Q1 25 | $2.5B | $8.2B | ||
| Q4 24 | $2.5B | $8.1B | ||
| Q3 24 | $2.4B | $8.1B | ||
| Q2 24 | $2.3B | $8.0B |
| 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 | $111.5M | ||
| Q3 25 | $92.4M | $49.4M | ||
| Q2 25 | $64.6M | $15.0M | ||
| Q1 25 | $45.1M | $26.4M | ||
| Q4 24 | $64.5M | $101.1M | ||
| Q3 24 | $63.7M | $48.1M | ||
| Q2 24 | $24.7M | $20.9M |
| Q1 26 | — | — | ||
| Q4 25 | $-36.0M | $104.0M | ||
| Q3 25 | $37.7M | $47.6M | ||
| Q2 25 | $13.7M | $13.0M | ||
| Q1 25 | $-22.5M | $24.3M | ||
| Q4 24 | $6.0M | $95.7M | ||
| Q3 24 | $-478.0K | $47.1M | ||
| Q2 24 | $-37.0M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | -21.9% | 94.3% | ||
| Q3 25 | 20.7% | 44.4% | ||
| Q2 25 | 8.4% | 12.3% | ||
| Q1 25 | -15.2% | 25.3% | ||
| Q4 24 | 4.2% | 97.0% | ||
| Q3 24 | -0.3% | 47.9% | ||
| Q2 24 | -23.8% | 20.6% |
| Q1 26 | — | — | ||
| Q4 25 | 38.8% | 6.8% | ||
| Q3 25 | 29.9% | 1.6% | ||
| Q2 25 | 31.2% | 1.9% | ||
| Q1 25 | 45.6% | 2.1% | ||
| Q4 24 | 40.9% | 5.5% | ||
| Q3 24 | 39.7% | 1.1% | ||
| Q2 24 | 39.8% | 1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | 4.49× | ||
| Q3 25 | 2.24× | 2.13× | ||
| Q2 25 | 1.92× | 0.57× | ||
| Q1 25 | 1.68× | 1.12× | ||
| Q4 24 | 2.27× | 6.18× | ||
| Q3 24 | 1.78× | 2.15× | ||
| Q2 24 | 0.78× | 0.85× |
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% |
FSUN
| Net Interest Income | $82.8M | 75% |
| Noninterest Income | $27.2M | 25% |
