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Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and VINCE HOLDING CORP. (VNCE). 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 $85.1M, roughly 1.9× VINCE HOLDING CORP.). AMERICAN STATES WATER CO runs the higher net margin — 17.5% vs 3.2%, a 14.3% gap on every dollar of revenue. On growth, AMERICAN STATES WATER CO posted the faster year-over-year revenue change (14.8% vs 6.2%). VINCE HOLDING CORP. produced more free cash flow last quarter ($-5.7M vs $-36.0M). Over the past eight quarters, AMERICAN STATES WATER CO's revenue compounded faster (10.2% CAGR vs 6.3%).
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.
AWR vs VNCE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $164.3M | $85.1M |
| Net Profit | $28.7M | $2.7M |
| Gross Margin | 88.9% | 49.2% |
| Operating Margin | 27.4% | 6.4% |
| Net Margin | 17.5% | 3.2% |
| Revenue YoY | 14.8% | 6.2% |
| Net Profit YoY | 1.1% | -37.3% |
| EPS (diluted) | $0.74 | $0.21 |
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 | $85.1M | ||
| Q3 25 | $182.7M | $73.2M | ||
| Q2 25 | $163.1M | $57.9M | ||
| Q1 25 | $148.0M | $80.0M | ||
| Q4 24 | $143.1M | $80.2M | ||
| Q3 24 | $161.8M | $74.2M | ||
| Q2 24 | $155.3M | $59.2M | ||
| Q1 24 | $135.3M | $75.3M |
| Q4 25 | $28.7M | $2.7M | ||
| Q3 25 | $41.2M | $12.1M | ||
| Q2 25 | $33.7M | $-4.8M | ||
| Q1 25 | $26.8M | $-28.3M | ||
| Q4 24 | $28.4M | $4.3M | ||
| Q3 24 | $35.8M | $569.0K | ||
| Q2 24 | $31.9M | $4.4M | ||
| Q1 24 | $23.1M | $-4.7M |
| Q4 25 | 88.9% | 49.2% | ||
| Q3 25 | 91.0% | 50.4% | ||
| Q2 25 | 92.1% | 50.3% | ||
| Q1 25 | 91.3% | 50.1% | ||
| Q4 24 | 92.4% | 50.0% | ||
| Q3 24 | 92.7% | 47.4% | ||
| Q2 24 | 89.6% | 50.6% | ||
| Q1 24 | 88.4% | 45.4% |
| Q4 25 | 27.4% | 6.4% | ||
| Q3 25 | 33.8% | 15.2% | ||
| Q2 25 | 31.3% | -7.7% | ||
| Q1 25 | 30.8% | -37.1% | ||
| Q4 24 | 27.0% | 7.2% | ||
| Q3 24 | 34.0% | 1.5% | ||
| Q2 24 | 33.3% | 9.5% | ||
| Q1 24 | 28.8% | -2.2% |
| Q4 25 | 17.5% | 3.2% | ||
| Q3 25 | 22.5% | 16.5% | ||
| Q2 25 | 20.7% | -8.3% | ||
| Q1 25 | 18.1% | -35.5% | ||
| Q4 24 | 19.9% | 5.4% | ||
| Q3 24 | 22.1% | 0.8% | ||
| Q2 24 | 20.5% | 7.4% | ||
| Q1 24 | 17.1% | -6.2% |
| Q4 25 | $0.74 | $0.21 | ||
| Q3 25 | $1.06 | $0.93 | ||
| Q2 25 | $0.87 | $-0.37 | ||
| Q1 25 | $0.70 | $-2.25 | ||
| Q4 24 | $0.75 | $0.34 | ||
| Q3 24 | $0.95 | $0.05 | ||
| Q2 24 | $0.85 | $0.35 | ||
| Q1 24 | $0.62 | $-0.37 |
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 | $1.1M |
| Total DebtLower is stronger | $782.7M | — |
| Stockholders' EquityBook value | $1.0B | $53.4M |
| Total Assets | $2.7B | $246.0M |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.8M | $1.1M | ||
| Q3 25 | $26.1M | $777.0K | ||
| Q2 25 | $20.2M | $2.6M | ||
| Q1 25 | $21.2M | $607.0K | ||
| Q4 24 | $26.7M | $892.0K | ||
| Q3 24 | $16.5M | $711.0K | ||
| Q2 24 | $3.6M | $739.0K | ||
| Q1 24 | $17.0M | $357.0K |
| Q4 25 | $782.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $640.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.0B | $53.4M | ||
| Q3 25 | $1.0B | $49.3M | ||
| Q2 25 | $972.5M | $37.2M | ||
| Q1 25 | $956.4M | $41.8M | ||
| Q4 24 | $920.1M | $57.1M | ||
| Q3 24 | $879.5M | $52.4M | ||
| Q2 24 | $833.5M | $51.7M | ||
| Q1 24 | $800.5M | $47.2M |
| Q4 25 | $2.7B | $246.0M | ||
| Q3 25 | $2.7B | $239.0M | ||
| Q2 25 | $2.6B | $218.0M | ||
| Q1 25 | $2.5B | $222.7M | ||
| Q4 24 | $2.5B | $254.7M | ||
| Q3 24 | $2.4B | $253.6M | ||
| Q2 24 | $2.3B | $223.1M | ||
| Q1 24 | $2.3B | $225.1M |
| 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 | $-5.1M |
| Free Cash FlowOCF − Capex | $-36.0M | $-5.7M |
| FCF MarginFCF / Revenue | -21.9% | -6.7% |
| Capex IntensityCapex / Revenue | 38.8% | 0.7% |
| Cash ConversionOCF / Net Profit | 0.96× | -1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $-7.1M | $4.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $-5.1M | ||
| Q3 25 | $92.4M | $4.2M | ||
| Q2 25 | $64.6M | $-11.8M | ||
| Q1 25 | $45.1M | $22.7M | ||
| Q4 24 | $64.5M | $6.4M | ||
| Q3 24 | $63.7M | $-3.2M | ||
| Q2 24 | $24.7M | $-3.9M | ||
| Q1 24 | $45.8M | $14.8M |
| Q4 25 | $-36.0M | $-5.7M | ||
| Q3 25 | $37.7M | $2.1M | ||
| Q2 25 | $13.7M | $-13.2M | ||
| Q1 25 | $-22.5M | $21.2M | ||
| Q4 24 | $6.0M | $5.1M | ||
| Q3 24 | $-478.0K | $-3.9M | ||
| Q2 24 | $-37.0M | $-4.6M | ||
| Q1 24 | $-1.7M | $14.2M |
| Q4 25 | -21.9% | -6.7% | ||
| Q3 25 | 20.7% | 2.9% | ||
| Q2 25 | 8.4% | -22.9% | ||
| Q1 25 | -15.2% | 26.5% | ||
| Q4 24 | 4.2% | 6.4% | ||
| Q3 24 | -0.3% | -5.2% | ||
| Q2 24 | -23.8% | -7.8% | ||
| Q1 24 | -1.3% | 18.9% |
| Q4 25 | 38.8% | 0.7% | ||
| Q3 25 | 29.9% | 2.9% | ||
| Q2 25 | 31.2% | 2.5% | ||
| Q1 25 | 45.6% | 1.9% | ||
| Q4 24 | 40.9% | 1.6% | ||
| Q3 24 | 39.7% | 0.9% | ||
| Q2 24 | 39.8% | 1.3% | ||
| Q1 24 | 35.2% | 0.7% |
| Q4 25 | 0.96× | -1.86× | ||
| Q3 25 | 2.24× | 0.35× | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 2.27× | 1.48× | ||
| Q3 24 | 1.78× | -5.61× | ||
| Q2 24 | 0.78× | -0.89× | ||
| Q1 24 | 1.98× | — |
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% |
VNCE
| Vince Wholesale | $52.0M | 61% |
| Vince Direct To Consumer | $33.1M | 39% |
