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Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and ROGERS CORP (ROG). Click either name above to swap in a different company.
ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $164.3M, roughly 1.2× AMERICAN STATES WATER CO). AMERICAN STATES WATER CO runs the higher net margin — 17.5% vs 2.2%, a 15.3% gap on every dollar of revenue. On growth, AMERICAN STATES WATER CO posted the faster year-over-year revenue change (14.8% vs 5.2%). ROGERS CORP produced more free cash flow last quarter ($1.1M vs $-36.0M). Over the past eight quarters, AMERICAN STATES WATER CO's revenue compounded faster (10.2% CAGR vs -3.3%).
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
AWR vs ROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $164.3M | $200.5M |
| Net Profit | $28.7M | $4.5M |
| Gross Margin | 88.9% | 32.2% |
| Operating Margin | 27.4% | — |
| Net Margin | 17.5% | 2.2% |
| Revenue YoY | 14.8% | 5.2% |
| Net Profit YoY | 1.1% | 421.4% |
| EPS (diluted) | $0.74 | $0.25 |
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 | — | $200.5M | ||
| Q4 25 | $164.3M | $201.5M | ||
| Q3 25 | $182.7M | $216.0M | ||
| Q2 25 | $163.1M | $202.8M | ||
| Q1 25 | $148.0M | $190.5M | ||
| Q4 24 | $143.1M | $192.2M | ||
| Q3 24 | $161.8M | $210.3M | ||
| Q2 24 | $155.3M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $28.7M | $4.6M | ||
| Q3 25 | $41.2M | $8.6M | ||
| Q2 25 | $33.7M | $-73.6M | ||
| Q1 25 | $26.8M | $-1.4M | ||
| Q4 24 | $28.4M | $-500.0K | ||
| Q3 24 | $35.8M | $10.7M | ||
| Q2 24 | $31.9M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | 88.9% | 31.5% | ||
| Q3 25 | 91.0% | 33.5% | ||
| Q2 25 | 92.1% | 31.6% | ||
| Q1 25 | 91.3% | 29.9% | ||
| Q4 24 | 92.4% | 32.1% | ||
| Q3 24 | 92.7% | 35.2% | ||
| Q2 24 | 89.6% | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | 27.4% | 3.5% | ||
| Q3 25 | 33.8% | 7.3% | ||
| Q2 25 | 31.3% | -33.3% | ||
| Q1 25 | 30.8% | -0.2% | ||
| Q4 24 | 27.0% | -6.6% | ||
| Q3 24 | 34.0% | 6.9% | ||
| Q2 24 | 33.3% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 17.5% | 2.3% | ||
| Q3 25 | 22.5% | 4.0% | ||
| Q2 25 | 20.7% | -36.3% | ||
| Q1 25 | 18.1% | -0.7% | ||
| Q4 24 | 19.9% | -0.3% | ||
| Q3 24 | 22.1% | 5.1% | ||
| Q2 24 | 20.5% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | $0.74 | $0.20 | ||
| Q3 25 | $1.06 | $0.48 | ||
| Q2 25 | $0.87 | $-4.00 | ||
| Q1 25 | $0.70 | $-0.08 | ||
| Q4 24 | $0.75 | $-0.04 | ||
| Q3 24 | $0.95 | $0.58 | ||
| Q2 24 | $0.85 | $0.44 |
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 | $195.8M |
| Total DebtLower is stronger | $782.7M | — |
| Stockholders' EquityBook value | $1.0B | $1.2B |
| Total Assets | $2.7B | $1.4B |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | $18.8M | $197.0M | ||
| Q3 25 | $26.1M | $167.8M | ||
| Q2 25 | $20.2M | $157.2M | ||
| Q1 25 | $21.2M | $175.6M | ||
| Q4 24 | $26.7M | $159.8M | ||
| Q3 24 | $16.5M | $146.4M | ||
| Q2 24 | $3.6M | $119.9M |
| 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 | $1.2B | ||
| Q2 25 | $972.5M | $1.2B | ||
| Q1 25 | $956.4M | $1.3B | ||
| Q4 24 | $920.1M | $1.3B | ||
| Q3 24 | $879.5M | $1.3B | ||
| Q2 24 | $833.5M | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $2.7B | $1.4B | ||
| Q3 25 | $2.7B | $1.4B | ||
| Q2 25 | $2.6B | $1.5B | ||
| Q1 25 | $2.5B | $1.5B | ||
| Q4 24 | $2.5B | $1.5B | ||
| Q3 24 | $2.4B | $1.5B | ||
| Q2 24 | $2.3B | $1.5B |
| 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 | $5.8M |
| Free Cash FlowOCF − Capex | $-36.0M | $1.1M |
| FCF MarginFCF / Revenue | -21.9% | 0.5% |
| Capex IntensityCapex / Revenue | 38.8% | 2.3% |
| Cash ConversionOCF / Net Profit | 0.96× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $-7.1M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $27.7M | $46.9M | ||
| Q3 25 | $92.4M | $28.9M | ||
| Q2 25 | $64.6M | $13.7M | ||
| Q1 25 | $45.1M | $11.7M | ||
| Q4 24 | $64.5M | $33.7M | ||
| Q3 24 | $63.7M | $42.4M | ||
| Q2 24 | $24.7M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | $-36.0M | $42.2M | ||
| Q3 25 | $37.7M | $21.2M | ||
| Q2 25 | $13.7M | $5.6M | ||
| Q1 25 | $-22.5M | $2.1M | ||
| Q4 24 | $6.0M | $18.3M | ||
| Q3 24 | $-478.0K | $25.2M | ||
| Q2 24 | $-37.0M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | -21.9% | 20.9% | ||
| Q3 25 | 20.7% | 9.8% | ||
| Q2 25 | 8.4% | 2.8% | ||
| Q1 25 | -15.2% | 1.1% | ||
| Q4 24 | 4.2% | 9.5% | ||
| Q3 24 | -0.3% | 12.0% | ||
| Q2 24 | -23.8% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 38.8% | 2.3% | ||
| Q3 25 | 29.9% | 3.6% | ||
| Q2 25 | 31.2% | 4.0% | ||
| Q1 25 | 45.6% | 5.0% | ||
| Q4 24 | 40.9% | 8.0% | ||
| Q3 24 | 39.7% | 8.2% | ||
| Q2 24 | 39.8% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | 0.96× | 10.20× | ||
| Q3 25 | 2.24× | 3.36× | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 2.27× | — | ||
| Q3 24 | 1.78× | 3.96× | ||
| Q2 24 | 0.78× | 2.83× |
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% |
ROG
Segment breakdown not available.
