vs

Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and Urban Edge Properties (UE). 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 $132.6M, roughly 1.2× Urban Edge Properties). AMERICAN STATES WATER CO runs the higher net margin — 17.5% vs 17.1%, a 0.4% gap on every dollar of revenue. On growth, AMERICAN STATES WATER CO posted the faster year-over-year revenue change (14.8% vs 12.2%). Over the past eight quarters, Urban Edge Properties's revenue compounded faster (11.6% 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.

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.

AWR vs UE — Head-to-Head

Bigger by revenue
AWR
AWR
1.2× larger
AWR
$164.3M
$132.6M
UE
Growing faster (revenue YoY)
AWR
AWR
+2.6% gap
AWR
14.8%
12.2%
UE
Higher net margin
AWR
AWR
0.4% more per $
AWR
17.5%
17.1%
UE
Faster 2-yr revenue CAGR
UE
UE
Annualised
UE
11.6%
10.2%
AWR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AWR
AWR
UE
UE
Revenue
$164.3M
$132.6M
Net Profit
$28.7M
$22.6M
Gross Margin
88.9%
Operating Margin
27.4%
Net Margin
17.5%
17.1%
Revenue YoY
14.8%
12.2%
Net Profit YoY
1.1%
-6.7%
EPS (diluted)
$0.74
$0.18

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.

Revenue
AWR
AWR
UE
UE
Q1 26
$132.6M
Q4 25
$164.3M
$119.6M
Q3 25
$182.7M
$120.1M
Q2 25
$163.1M
$114.1M
Q1 25
$148.0M
$118.2M
Q4 24
$143.1M
$116.4M
Q3 24
$161.8M
$112.4M
Q2 24
$155.3M
$106.5M
Net Profit
AWR
AWR
UE
UE
Q1 26
$22.6M
Q4 25
$28.7M
$12.4M
Q3 25
$41.2M
$14.9M
Q2 25
$33.7M
$58.0M
Q1 25
$26.8M
$8.2M
Q4 24
$28.4M
$30.1M
Q3 24
$35.8M
$9.1M
Q2 24
$31.9M
$30.8M
Gross Margin
AWR
AWR
UE
UE
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%
Operating Margin
AWR
AWR
UE
UE
Q1 26
Q4 25
27.4%
11.3%
Q3 25
33.8%
13.4%
Q2 25
31.3%
53.9%
Q1 25
30.8%
7.6%
Q4 24
27.0%
27.6%
Q3 24
34.0%
8.9%
Q2 24
33.3%
30.6%
Net Margin
AWR
AWR
UE
UE
Q1 26
17.1%
Q4 25
17.5%
10.4%
Q3 25
22.5%
12.4%
Q2 25
20.7%
50.8%
Q1 25
18.1%
6.9%
Q4 24
19.9%
25.9%
Q3 24
22.1%
8.1%
Q2 24
20.5%
28.9%
EPS (diluted)
AWR
AWR
UE
UE
Q1 26
$0.18
Q4 25
$0.74
$0.09
Q3 25
$1.06
$0.12
Q2 25
$0.87
$0.46
Q1 25
$0.70
$0.07
Q4 24
$0.75
$0.25
Q3 24
$0.95
$0.07
Q2 24
$0.85
$0.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AWR
AWR
UE
UE
Cash + ST InvestmentsLiquidity on hand
$18.8M
$50.0M
Total DebtLower is stronger
$782.7M
Stockholders' EquityBook value
$1.0B
$1.4B
Total Assets
$2.7B
$3.4B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AWR
AWR
UE
UE
Q1 26
$50.0M
Q4 25
$18.8M
$48.9M
Q3 25
$26.1M
$77.8M
Q2 25
$20.2M
$53.0M
Q1 25
$21.2M
$48.0M
Q4 24
$26.7M
$41.4M
Q3 24
$16.5M
$67.9M
Q2 24
$3.6M
$78.6M
Total Debt
AWR
AWR
UE
UE
Q1 26
Q4 25
$782.7M
Q3 25
Q2 25
Q1 25
Q4 24
$640.4M
Q3 24
Q2 24
Stockholders' Equity
AWR
AWR
UE
UE
Q1 26
$1.4B
Q4 25
$1.0B
$1.4B
Q3 25
$1.0B
$1.4B
Q2 25
$972.5M
$1.4B
Q1 25
$956.4M
$1.4B
Q4 24
$920.1M
$1.4B
Q3 24
$879.5M
$1.3B
Q2 24
$833.5M
$1.3B
Total Assets
AWR
AWR
UE
UE
Q1 26
$3.4B
Q4 25
$2.7B
$3.3B
Q3 25
$2.7B
$3.3B
Q2 25
$2.6B
$3.3B
Q1 25
$2.5B
$3.3B
Q4 24
$2.5B
$3.3B
Q3 24
$2.4B
$3.2B
Q2 24
$2.3B
$3.2B
Debt / Equity
AWR
AWR
UE
UE
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
AWR
AWR
UE
UE
Operating Cash FlowLast quarter
$27.7M
$39.1M
Free Cash FlowOCF − Capex
$-36.0M
FCF MarginFCF / Revenue
-21.9%
Capex IntensityCapex / Revenue
38.8%
1.5%
Cash ConversionOCF / Net Profit
0.96×
1.73×
TTM Free Cash FlowTrailing 4 quarters
$-7.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AWR
AWR
UE
UE
Q1 26
$39.1M
Q4 25
$27.7M
$182.7M
Q3 25
$92.4M
$55.7M
Q2 25
$64.6M
$43.5M
Q1 25
$45.1M
$32.6M
Q4 24
$64.5M
$153.2M
Q3 24
$63.7M
$36.6M
Q2 24
$24.7M
$41.2M
Free Cash Flow
AWR
AWR
UE
UE
Q1 26
Q4 25
$-36.0M
$81.8M
Q3 25
$37.7M
$26.1M
Q2 25
$13.7M
$19.6M
Q1 25
$-22.5M
$11.9M
Q4 24
$6.0M
$42.5M
Q3 24
$-478.0K
$12.2M
Q2 24
$-37.0M
$19.9M
FCF Margin
AWR
AWR
UE
UE
Q1 26
Q4 25
-21.9%
68.4%
Q3 25
20.7%
21.7%
Q2 25
8.4%
17.2%
Q1 25
-15.2%
10.0%
Q4 24
4.2%
36.6%
Q3 24
-0.3%
10.8%
Q2 24
-23.8%
18.6%
Capex Intensity
AWR
AWR
UE
UE
Q1 26
1.5%
Q4 25
38.8%
84.4%
Q3 25
29.9%
24.6%
Q2 25
31.2%
20.9%
Q1 25
45.6%
17.5%
Q4 24
40.9%
95.1%
Q3 24
39.7%
21.7%
Q2 24
39.8%
20.1%
Cash Conversion
AWR
AWR
UE
UE
Q1 26
1.73×
Q4 25
0.96×
14.71×
Q3 25
2.24×
3.73×
Q2 25
1.92×
0.75×
Q1 25
1.68×
3.97×
Q4 24
2.27×
5.09×
Q3 24
1.78×
4.03×
Q2 24
0.78×
1.34×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AWR
AWR

Water Service Utility Operations$110.0M67%
Public Utilities Inventory Water$22.3M14%
Wastewater$15.9M10%
Electric Service Utility Operations$15.2M9%

UE
UE

Rental revenue$124.2M94%
Other$8.4M6%

Related Comparisons