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Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and Grand Canyon Education, Inc. (LOPE). Click either name above to swap in a different company.
Grand Canyon Education, Inc. is the larger business by last-quarter revenue ($308.1M vs $164.3M, roughly 1.9× AMERICAN STATES WATER CO). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 17.5%, a 10.7% gap on every dollar of revenue. On growth, AMERICAN STATES WATER CO posted the faster year-over-year revenue change (14.8% vs 5.3%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $-36.0M). Over the past eight quarters, AMERICAN STATES WATER CO's revenue compounded faster (10.2% CAGR vs 5.9%).
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.
AWR vs LOPE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $164.3M | $308.1M |
| Net Profit | $28.7M | $86.7M |
| Gross Margin | 88.9% | — |
| Operating Margin | 27.4% | 35.1% |
| Net Margin | 17.5% | 28.1% |
| Revenue YoY | 14.8% | 5.3% |
| Net Profit YoY | 1.1% | 5.9% |
| EPS (diluted) | $0.74 | $3.13 |
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.
| Q4 25 | $164.3M | $308.1M | ||
| Q3 25 | $182.7M | $261.1M | ||
| Q2 25 | $163.1M | $247.5M | ||
| Q1 25 | $148.0M | $289.3M | ||
| Q4 24 | $143.1M | $292.6M | ||
| Q3 24 | $161.8M | $238.3M | ||
| Q2 24 | $155.3M | $227.5M | ||
| Q1 24 | $135.3M | $274.7M |
| Q4 25 | $28.7M | $86.7M | ||
| Q3 25 | $41.2M | $16.3M | ||
| Q2 25 | $33.7M | $41.5M | ||
| Q1 25 | $26.8M | $71.6M | ||
| Q4 24 | $28.4M | $81.9M | ||
| Q3 24 | $35.8M | $41.5M | ||
| Q2 24 | $31.9M | $34.9M | ||
| Q1 24 | $23.1M | $68.0M |
| 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% | 35.1% | ||
| Q3 25 | 33.8% | 6.9% | ||
| Q2 25 | 31.3% | 20.9% | ||
| Q1 25 | 30.8% | 30.4% | ||
| Q4 24 | 27.0% | 34.2% | ||
| Q3 24 | 34.0% | 20.2% | ||
| Q2 24 | 33.3% | 18.8% | ||
| Q1 24 | 28.8% | 30.8% |
| Q4 25 | 17.5% | 28.1% | ||
| Q3 25 | 22.5% | 6.2% | ||
| Q2 25 | 20.7% | 16.8% | ||
| Q1 25 | 18.1% | 24.8% | ||
| Q4 24 | 19.9% | 28.0% | ||
| Q3 24 | 22.1% | 17.4% | ||
| Q2 24 | 20.5% | 15.3% | ||
| Q1 24 | 17.1% | 24.8% |
| Q4 25 | $0.74 | $3.13 | ||
| Q3 25 | $1.06 | $0.58 | ||
| Q2 25 | $0.87 | $1.48 | ||
| Q1 25 | $0.70 | $2.52 | ||
| Q4 24 | $0.75 | $2.83 | ||
| Q3 24 | $0.95 | $1.42 | ||
| Q2 24 | $0.85 | $1.19 | ||
| Q1 24 | $0.62 | $2.29 |
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 | $111.8M |
| Total DebtLower is stronger | $782.7M | — |
| Stockholders' EquityBook value | $1.0B | $746.9M |
| Total Assets | $2.7B | $992.3M |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.8M | $111.8M | ||
| Q3 25 | $26.1M | $97.3M | ||
| Q2 25 | $20.2M | $192.3M | ||
| Q1 25 | $21.2M | $144.5M | ||
| Q4 24 | $26.7M | $324.6M | ||
| Q3 24 | $16.5M | $263.6M | ||
| Q2 24 | $3.6M | $241.3M | ||
| Q1 24 | $17.0M | $196.2M |
| Q4 25 | $782.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $640.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.0B | $746.9M | ||
| Q3 25 | $1.0B | $758.0M | ||
| Q2 25 | $972.5M | $778.0M | ||
| Q1 25 | $956.4M | $780.7M | ||
| Q4 24 | $920.1M | $783.9M | ||
| Q3 24 | $879.5M | $764.1M | ||
| Q2 24 | $833.5M | $759.2M | ||
| Q1 24 | $800.5M | $759.4M |
| Q4 25 | $2.7B | $992.3M | ||
| Q3 25 | $2.7B | $1.0B | ||
| Q2 25 | $2.6B | $1.0B | ||
| Q1 25 | $2.5B | $1.0B | ||
| Q4 24 | $2.5B | $1.0B | ||
| Q3 24 | $2.4B | $992.9M | ||
| Q2 24 | $2.3B | $992.7M | ||
| Q1 24 | $2.3B | $1.0B |
| 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 | $130.5M |
| Free Cash FlowOCF − Capex | $-36.0M | $122.9M |
| FCF MarginFCF / Revenue | -21.9% | 39.9% |
| Capex IntensityCapex / Revenue | 38.8% | 2.5% |
| Cash ConversionOCF / Net Profit | 0.96× | 1.50× |
| TTM Free Cash FlowTrailing 4 quarters | $-7.1M | $238.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $130.5M | ||
| Q3 25 | $92.4M | $-48.6M | ||
| Q2 25 | $64.6M | $124.0M | ||
| Q1 25 | $45.1M | $67.6M | ||
| Q4 24 | $64.5M | $135.8M | ||
| Q3 24 | $63.7M | $-29.4M | ||
| Q2 24 | $24.7M | $98.6M | ||
| Q1 24 | $45.8M | $85.0M |
| Q4 25 | $-36.0M | $122.9M | ||
| Q3 25 | $37.7M | $-58.3M | ||
| Q2 25 | $13.7M | $115.4M | ||
| Q1 25 | $-22.5M | $58.7M | ||
| Q4 24 | $6.0M | $126.1M | ||
| Q3 24 | $-478.0K | $-39.0M | ||
| Q2 24 | $-37.0M | $89.6M | ||
| Q1 24 | $-1.7M | $76.0M |
| Q4 25 | -21.9% | 39.9% | ||
| Q3 25 | 20.7% | -22.3% | ||
| Q2 25 | 8.4% | 46.6% | ||
| Q1 25 | -15.2% | 20.3% | ||
| Q4 24 | 4.2% | 43.1% | ||
| Q3 24 | -0.3% | -16.3% | ||
| Q2 24 | -23.8% | 39.4% | ||
| Q1 24 | -1.3% | 27.7% |
| Q4 25 | 38.8% | 2.5% | ||
| Q3 25 | 29.9% | 3.7% | ||
| Q2 25 | 31.2% | 3.5% | ||
| Q1 25 | 45.6% | 3.1% | ||
| Q4 24 | 40.9% | 3.3% | ||
| Q3 24 | 39.7% | 4.0% | ||
| Q2 24 | 39.8% | 3.9% | ||
| Q1 24 | 35.2% | 3.3% |
| Q4 25 | 0.96× | 1.50× | ||
| Q3 25 | 2.24× | -2.99× | ||
| Q2 25 | 1.92× | 2.98× | ||
| Q1 25 | 1.68× | 0.94× | ||
| Q4 24 | 2.27× | 1.66× | ||
| Q3 24 | 1.78× | -0.71× | ||
| Q2 24 | 0.78× | 2.83× | ||
| Q1 24 | 1.98× | 1.25× |
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% |
LOPE
Segment breakdown not available.
