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Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and NATURES SUNSHINE PRODUCTS INC (NATR). 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 $123.8M, roughly 1.3× NATURES SUNSHINE PRODUCTS INC). AMERICAN STATES WATER CO runs the higher net margin — 17.5% vs 3.3%, a 14.2% gap on every dollar of revenue. On growth, AMERICAN STATES WATER CO posted the faster year-over-year revenue change (14.8% vs 4.7%). NATURES SUNSHINE PRODUCTS INC produced more free cash flow last quarter ($7.6M vs $-36.0M). Over the past eight quarters, AMERICAN STATES WATER CO's revenue compounded faster (10.2% CAGR vs 5.6%).
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
Nature's Sunshine Products, Inc. also known as "NSP", is a manufacturer of dietary supplements, including herbs, vitamins, minerals, and personal care products. It is based in Lehi, Utah, with a manufacturing facility in Spanish Fork, Utah.
AWR vs NATR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $164.3M | $123.8M |
| Net Profit | $28.7M | $4.1M |
| Gross Margin | 88.9% | 72.5% |
| Operating Margin | 27.4% | 4.3% |
| Net Margin | 17.5% | 3.3% |
| Revenue YoY | 14.8% | 4.7% |
| Net Profit YoY | 1.1% | 1379.4% |
| EPS (diluted) | $0.74 | $0.23 |
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 | $123.8M | ||
| Q3 25 | $182.7M | $128.3M | ||
| Q2 25 | $163.1M | $114.8M | ||
| Q1 25 | $148.0M | $113.2M | ||
| Q4 24 | $143.1M | $118.2M | ||
| Q3 24 | $161.8M | $114.6M | ||
| Q2 24 | $155.3M | $110.6M | ||
| Q1 24 | $135.3M | $111.0M |
| Q4 25 | $28.7M | $4.1M | ||
| Q3 25 | $41.2M | $5.3M | ||
| Q2 25 | $33.7M | $5.3M | ||
| Q1 25 | $26.8M | $4.7M | ||
| Q4 24 | $28.4M | $-321.0K | ||
| Q3 24 | $35.8M | $4.3M | ||
| Q2 24 | $31.9M | $1.3M | ||
| Q1 24 | $23.1M | $2.3M |
| Q4 25 | 88.9% | 72.5% | ||
| Q3 25 | 91.0% | 73.3% | ||
| Q2 25 | 92.1% | 71.7% | ||
| Q1 25 | 91.3% | 72.1% | ||
| Q4 24 | 92.4% | 72.0% | ||
| Q3 24 | 92.7% | 71.3% | ||
| Q2 24 | 89.6% | 71.4% | ||
| Q1 24 | 88.4% | 71.2% |
| Q4 25 | 27.4% | 4.3% | ||
| Q3 25 | 33.8% | 7.0% | ||
| Q2 25 | 31.3% | 3.7% | ||
| Q1 25 | 30.8% | 5.4% | ||
| Q4 24 | 27.0% | 3.8% | ||
| Q3 24 | 34.0% | 4.6% | ||
| Q2 24 | 33.3% | 5.1% | ||
| Q1 24 | 28.8% | 4.2% |
| Q4 25 | 17.5% | 3.3% | ||
| Q3 25 | 22.5% | 4.2% | ||
| Q2 25 | 20.7% | 4.6% | ||
| Q1 25 | 18.1% | 4.2% | ||
| Q4 24 | 19.9% | -0.3% | ||
| Q3 24 | 22.1% | 3.8% | ||
| Q2 24 | 20.5% | 1.2% | ||
| Q1 24 | 17.1% | 2.1% |
| Q4 25 | $0.74 | $0.23 | ||
| Q3 25 | $1.06 | $0.30 | ||
| Q2 25 | $0.87 | $0.28 | ||
| Q1 25 | $0.70 | $0.25 | ||
| Q4 24 | $0.75 | $-0.02 | ||
| Q3 24 | $0.95 | $0.23 | ||
| Q2 24 | $0.85 | $0.07 | ||
| Q1 24 | $0.62 | $0.12 |
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 | $93.9M |
| Total DebtLower is stronger | $782.7M | — |
| Stockholders' EquityBook value | $1.0B | $161.6M |
| Total Assets | $2.7B | $261.1M |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.8M | $93.9M | ||
| Q3 25 | $26.1M | $95.6M | ||
| Q2 25 | $20.2M | $81.3M | ||
| Q1 25 | $21.2M | $86.5M | ||
| Q4 24 | $26.7M | $84.7M | ||
| Q3 24 | $16.5M | $78.7M | ||
| Q2 24 | $3.6M | $68.7M | ||
| Q1 24 | $17.0M | $77.8M |
| Q4 25 | $782.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $640.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $2.1M |
| Q4 25 | $1.0B | $161.6M | ||
| Q3 25 | $1.0B | $166.7M | ||
| Q2 25 | $972.5M | $163.7M | ||
| Q1 25 | $956.4M | $167.1M | ||
| Q4 24 | $920.1M | $161.0M | ||
| Q3 24 | $879.5M | $162.6M | ||
| Q2 24 | $833.5M | $156.4M | ||
| Q1 24 | $800.5M | $159.7M |
| Q4 25 | $2.7B | $261.1M | ||
| Q3 25 | $2.7B | $264.8M | ||
| Q2 25 | $2.6B | $254.9M | ||
| Q1 25 | $2.5B | $252.7M | ||
| Q4 24 | $2.5B | $240.9M | ||
| Q3 24 | $2.4B | $245.3M | ||
| Q2 24 | $2.3B | $235.8M | ||
| Q1 24 | $2.3B | $247.3M |
| Q4 25 | 0.75× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.01× |
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 | $9.9M |
| Free Cash FlowOCF − Capex | $-36.0M | $7.6M |
| FCF MarginFCF / Revenue | -21.9% | 6.1% |
| Capex IntensityCapex / Revenue | 38.8% | 1.9% |
| Cash ConversionOCF / Net Profit | 0.96× | 2.41× |
| TTM Free Cash FlowTrailing 4 quarters | $-7.1M | $28.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $9.9M | ||
| Q3 25 | $92.4M | $18.5M | ||
| Q2 25 | $64.6M | $4.3M | ||
| Q1 25 | $45.1M | $2.6M | ||
| Q4 24 | $64.5M | $12.2M | ||
| Q3 24 | $63.7M | $9.6M | ||
| Q2 24 | $24.7M | $1.3M | ||
| Q1 24 | $45.8M | $2.2M |
| Q4 25 | $-36.0M | $7.6M | ||
| Q3 25 | $37.7M | $16.8M | ||
| Q2 25 | $13.7M | $3.0M | ||
| Q1 25 | $-22.5M | $1.5M | ||
| Q4 24 | $6.0M | $10.0M | ||
| Q3 24 | $-478.0K | $7.9M | ||
| Q2 24 | $-37.0M | $-2.0M | ||
| Q1 24 | $-1.7M | $-1.5M |
| Q4 25 | -21.9% | 6.1% | ||
| Q3 25 | 20.7% | 13.1% | ||
| Q2 25 | 8.4% | 2.6% | ||
| Q1 25 | -15.2% | 1.3% | ||
| Q4 24 | 4.2% | 8.5% | ||
| Q3 24 | -0.3% | 6.9% | ||
| Q2 24 | -23.8% | -1.9% | ||
| Q1 24 | -1.3% | -1.4% |
| Q4 25 | 38.8% | 1.9% | ||
| Q3 25 | 29.9% | 1.3% | ||
| Q2 25 | 31.2% | 1.2% | ||
| Q1 25 | 45.6% | 1.0% | ||
| Q4 24 | 40.9% | 1.9% | ||
| Q3 24 | 39.7% | 1.5% | ||
| Q2 24 | 39.8% | 3.0% | ||
| Q1 24 | 35.2% | 3.3% |
| Q4 25 | 0.96× | 2.41× | ||
| Q3 25 | 2.24× | 3.46× | ||
| Q2 25 | 1.92× | 0.81× | ||
| Q1 25 | 1.68× | 0.55× | ||
| Q4 24 | 2.27× | — | ||
| Q3 24 | 1.78× | 2.21× | ||
| Q2 24 | 0.78× | 0.97× | ||
| Q1 24 | 1.98× | 0.94× |
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% |
NATR
| Other | $68.1M | 55% |
| General Health Products | $20.2M | 16% |
| Digestive Products | $13.8M | 11% |
| Cardiovascular Products | $12.1M | 10% |
| Personal Care Products | $4.4M | 4% |
| Immunity Products | $3.1M | 3% |
| Weight Management Products | $2.1M | 2% |
