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Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and ServisFirst Bancshares, Inc. (SFBS). 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 $159.0M, roughly 1.0× ServisFirst Bancshares, Inc.). ServisFirst Bancshares, Inc. runs the higher net margin — 52.2% vs 17.5%, a 34.7% gap on every dollar of revenue. Over the past eight quarters, ServisFirst Bancshares, Inc.'s revenue compounded faster (17.7% CAGR vs 10.2%).
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
ServisFirst Bancshares, Inc. is a U.S.-based bank holding company operating full-service banking locations primarily across the Southeastern United States. It offers a full suite of commercial banking, consumer banking, wealth management, and mortgage lending services to small and medium-sized businesses, professional clients, and individual consumers.
AWR vs SFBS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $164.3M | $159.0M |
| Net Profit | $28.7M | $83.0M |
| Gross Margin | 88.9% | — |
| Operating Margin | 27.4% | — |
| Net Margin | 17.5% | 52.2% |
| Revenue YoY | 14.8% | — |
| Net Profit YoY | 1.1% | 31.2% |
| EPS (diluted) | $0.74 | $1.52 |
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 | — | $159.0M | ||
| Q4 25 | $164.3M | $162.2M | ||
| Q3 25 | $182.7M | $136.3M | ||
| Q2 25 | $163.1M | $132.1M | ||
| Q1 25 | $148.0M | $131.8M | ||
| Q4 24 | $143.1M | $131.9M | ||
| Q3 24 | $161.8M | $123.7M | ||
| Q2 24 | $155.3M | $114.8M |
| Q1 26 | — | $83.0M | ||
| Q4 25 | $28.7M | $86.4M | ||
| Q3 25 | $41.2M | $65.6M | ||
| Q2 25 | $33.7M | $61.4M | ||
| Q1 25 | $26.8M | $63.2M | ||
| Q4 24 | $28.4M | $65.2M | ||
| Q3 24 | $35.8M | $59.9M | ||
| Q2 24 | $31.9M | $52.1M |
| 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% | 66.3% | ||
| Q3 25 | 33.8% | 57.8% | ||
| Q2 25 | 31.3% | 58.0% | ||
| Q1 25 | 30.8% | 60.0% | ||
| Q4 24 | 27.0% | 60.2% | ||
| Q3 24 | 34.0% | 58.5% | ||
| Q2 24 | 33.3% | 58.0% |
| Q1 26 | — | 52.2% | ||
| Q4 25 | 17.5% | 59.0% | ||
| Q3 25 | 22.5% | 48.1% | ||
| Q2 25 | 20.7% | 46.5% | ||
| Q1 25 | 18.1% | 48.0% | ||
| Q4 24 | 19.9% | 52.9% | ||
| Q3 24 | 22.1% | 48.4% | ||
| Q2 24 | 20.5% | 45.4% |
| Q1 26 | — | $1.52 | ||
| Q4 25 | $0.74 | $1.58 | ||
| Q3 25 | $1.06 | $1.20 | ||
| Q2 25 | $0.87 | $1.12 | ||
| Q1 25 | $0.70 | $1.16 | ||
| Q4 24 | $0.75 | $1.19 | ||
| Q3 24 | $0.95 | $1.10 | ||
| Q2 24 | $0.85 | $0.95 |
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 | $1.8B |
| Total DebtLower is stronger | $782.7M | — |
| Stockholders' EquityBook value | $1.0B | $1.9B |
| Total Assets | $2.7B | $18.2B |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.8B | ||
| Q4 25 | $18.8M | — | ||
| Q3 25 | $26.1M | — | ||
| Q2 25 | $20.2M | — | ||
| Q1 25 | $21.2M | — | ||
| Q4 24 | $26.7M | — | ||
| Q3 24 | $16.5M | — | ||
| Q2 24 | $3.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | $782.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $640.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.0B | $1.8B | ||
| Q3 25 | $1.0B | $1.8B | ||
| Q2 25 | $972.5M | $1.7B | ||
| Q1 25 | $956.4M | $1.7B | ||
| Q4 24 | $920.1M | $1.6B | ||
| Q3 24 | $879.5M | $1.6B | ||
| Q2 24 | $833.5M | $1.5B |
| Q1 26 | — | $18.2B | ||
| Q4 25 | $2.7B | $17.7B | ||
| Q3 25 | $2.7B | $17.6B | ||
| Q2 25 | $2.6B | $17.4B | ||
| Q1 25 | $2.5B | $18.6B | ||
| Q4 24 | $2.5B | $17.4B | ||
| Q3 24 | $2.4B | $16.4B | ||
| Q2 24 | $2.3B | $16.0B |
| 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 | $355.2M | ||
| Q3 25 | $92.4M | $140.9M | ||
| Q2 25 | $64.6M | $67.6M | ||
| Q1 25 | $45.1M | $48.0M | ||
| Q4 24 | $64.5M | $252.9M | ||
| Q3 24 | $63.7M | $84.0M | ||
| Q2 24 | $24.7M | $48.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-36.0M | — | ||
| Q3 25 | $37.7M | — | ||
| Q2 25 | $13.7M | — | ||
| Q1 25 | $-22.5M | — | ||
| Q4 24 | $6.0M | — | ||
| Q3 24 | $-478.0K | — | ||
| Q2 24 | $-37.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | -21.9% | — | ||
| Q3 25 | 20.7% | — | ||
| Q2 25 | 8.4% | — | ||
| Q1 25 | -15.2% | — | ||
| Q4 24 | 4.2% | — | ||
| Q3 24 | -0.3% | — | ||
| Q2 24 | -23.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 38.8% | — | ||
| Q3 25 | 29.9% | — | ||
| Q2 25 | 31.2% | — | ||
| Q1 25 | 45.6% | — | ||
| Q4 24 | 40.9% | — | ||
| Q3 24 | 39.7% | — | ||
| Q2 24 | 39.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | 4.11× | ||
| Q3 25 | 2.24× | 2.15× | ||
| Q2 25 | 1.92× | 1.10× | ||
| Q1 25 | 1.68× | 0.76× | ||
| Q4 24 | 2.27× | 3.88× | ||
| Q3 24 | 1.78× | 1.40× | ||
| Q2 24 | 0.78× | 0.93× |
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% |
SFBS
| Net Interest Income | $148.1M | 93% |
| Noninterest Income | $10.8M | 7% |
