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Side-by-side financial comparison of COHEN & STEERS, INC. (CNS) and UNITIL CORP (UTL). Click either name above to swap in a different company.

UNITIL CORP is the larger business by last-quarter revenue ($161.5M vs $143.8M, roughly 1.1× COHEN & STEERS, INC.). COHEN & STEERS, INC. runs the higher net margin — 24.3% vs 11.8%, a 12.5% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs 2.9%). UNITIL CORP produced more free cash flow last quarter ($-36.3M vs $-126.4M). Over the past eight quarters, COHEN & STEERS, INC.'s revenue compounded faster (8.3% CAGR vs -4.9%).

Cohen & Steers is an American investment management company. It focuses on investments in real estate securities via real estate investment trusts (REIT) and alternative income via preferred securities.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

CNS vs UTL — Head-to-Head

Bigger by revenue
UTL
UTL
1.1× larger
UTL
$161.5M
$143.8M
CNS
Growing faster (revenue YoY)
UTL
UTL
+23.8% gap
UTL
26.7%
2.9%
CNS
Higher net margin
CNS
CNS
12.5% more per $
CNS
24.3%
11.8%
UTL
More free cash flow
UTL
UTL
$90.1M more FCF
UTL
$-36.3M
$-126.4M
CNS
Faster 2-yr revenue CAGR
CNS
CNS
Annualised
CNS
8.3%
-4.9%
UTL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNS
CNS
UTL
UTL
Revenue
$143.8M
$161.5M
Net Profit
$34.9M
$19.0M
Gross Margin
Operating Margin
28.0%
21.5%
Net Margin
24.3%
11.8%
Revenue YoY
2.9%
26.7%
Net Profit YoY
-23.9%
21.8%
EPS (diluted)
$0.67
$1.05

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
CNS
CNS
UTL
UTL
Q4 25
$143.8M
$161.5M
Q3 25
$141.7M
$101.1M
Q2 25
$136.1M
$102.6M
Q1 25
$134.5M
$170.8M
Q4 24
$139.8M
$127.5M
Q3 24
$133.2M
$92.9M
Q2 24
$121.7M
$95.7M
Q1 24
$122.7M
$178.7M
Net Profit
CNS
CNS
UTL
UTL
Q4 25
$34.9M
$19.0M
Q3 25
$41.7M
$-300.0K
Q2 25
$36.8M
$4.0M
Q1 25
$39.8M
$27.5M
Q4 24
$45.8M
$15.6M
Q3 24
$39.7M
$0
Q2 24
$31.8M
$4.3M
Q1 24
$34.0M
$27.2M
Operating Margin
CNS
CNS
UTL
UTL
Q4 25
28.0%
21.5%
Q3 25
34.5%
6.9%
Q2 25
31.8%
13.0%
Q1 25
33.6%
27.0%
Q4 24
35.3%
22.1%
Q3 24
33.7%
6.2%
Q2 24
31.5%
13.0%
Q1 24
32.8%
24.7%
Net Margin
CNS
CNS
UTL
UTL
Q4 25
24.3%
11.8%
Q3 25
29.4%
-0.3%
Q2 25
27.1%
3.9%
Q1 25
29.6%
16.1%
Q4 24
32.8%
12.2%
Q3 24
29.8%
Q2 24
26.1%
4.5%
Q1 24
27.7%
15.2%
EPS (diluted)
CNS
CNS
UTL
UTL
Q4 25
$0.67
$1.05
Q3 25
$0.81
$-0.02
Q2 25
$0.72
$0.25
Q1 25
$0.77
$1.69
Q4 24
$0.89
$0.97
Q3 24
$0.77
$0.00
Q2 24
$0.63
$0.27
Q1 24
$0.68
$1.69

Balance Sheet & Financial Strength

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

Metric
CNS
CNS
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$145.5M
$15.6M
Total DebtLower is stronger
$670.5M
Stockholders' EquityBook value
$562.0M
$609.6M
Total Assets
$876.7M
$2.1B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNS
CNS
UTL
UTL
Q4 25
$145.5M
$15.6M
Q3 25
$98.1M
$14.6M
Q2 25
$95.4M
$8.5M
Q1 25
$65.2M
$10.2M
Q4 24
$183.0M
$6.3M
Q3 24
$106.5M
$6.3M
Q2 24
$122.0M
$2.8M
Q1 24
$99.5M
$6.3M
Total Debt
CNS
CNS
UTL
UTL
Q4 25
$670.5M
Q3 25
$670.5M
Q2 25
$640.7M
Q1 25
$642.1M
Q4 24
$643.3M
Q3 24
$643.3M
Q2 24
$511.3M
Q1 24
$512.8M
Stockholders' Equity
CNS
CNS
UTL
UTL
Q4 25
$562.0M
$609.6M
Q3 25
$550.3M
$597.2M
Q2 25
$528.5M
$532.8M
Q1 25
$507.7M
$534.1M
Q4 24
$511.7M
$512.5M
Q3 24
$491.0M
$502.4M
Q2 24
$463.2M
$508.8M
Q1 24
$378.9M
$510.8M
Total Assets
CNS
CNS
UTL
UTL
Q4 25
$876.7M
$2.1B
Q3 25
$801.6M
$1.9B
Q2 25
$751.0M
$1.9B
Q1 25
$834.9M
$1.9B
Q4 24
$812.4M
$1.8B
Q3 24
$727.8M
$1.7B
Q2 24
$784.1M
$1.7B
Q1 24
$680.7M
$1.7B
Debt / Equity
CNS
CNS
UTL
UTL
Q4 25
1.10×
Q3 25
1.12×
Q2 25
1.20×
Q1 25
1.20×
Q4 24
1.26×
Q3 24
1.28×
Q2 24
1.00×
Q1 24
1.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNS
CNS
UTL
UTL
Operating Cash FlowLast quarter
$-120.4M
$21.4M
Free Cash FlowOCF − Capex
$-126.4M
$-36.3M
FCF MarginFCF / Revenue
-87.9%
-22.5%
Capex IntensityCapex / Revenue
4.2%
35.7%
Cash ConversionOCF / Net Profit
-3.45×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-253.6M
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNS
CNS
UTL
UTL
Q4 25
$-120.4M
$21.4M
Q3 25
$55.1M
$15.6M
Q2 25
$-67.6M
$42.2M
Q1 25
$-108.9M
$52.1M
Q4 24
$96.7M
$23.3M
Q3 24
$25.6M
$26.1M
Q2 24
$31.4M
$49.9M
Q1 24
$4.9M
$26.6M
Free Cash Flow
CNS
CNS
UTL
UTL
Q4 25
$-126.4M
$-36.3M
Q3 25
$52.6M
$-39.0M
Q2 25
$-69.8M
$2.0M
Q1 25
$-110.0M
$19.5M
Q4 24
$85.0M
$-32.3M
Q3 24
$24.2M
$-31.3M
Q2 24
$27.1M
$13.2M
Q1 24
$537.0K
$6.4M
FCF Margin
CNS
CNS
UTL
UTL
Q4 25
-87.9%
-22.5%
Q3 25
37.1%
-38.6%
Q2 25
-51.3%
1.9%
Q1 25
-81.8%
11.4%
Q4 24
60.8%
-25.3%
Q3 24
18.2%
-33.7%
Q2 24
22.3%
13.8%
Q1 24
0.4%
3.6%
Capex Intensity
CNS
CNS
UTL
UTL
Q4 25
4.2%
35.7%
Q3 25
1.8%
54.0%
Q2 25
1.6%
39.2%
Q1 25
0.8%
19.1%
Q4 24
8.3%
43.6%
Q3 24
1.1%
61.8%
Q2 24
3.5%
38.3%
Q1 24
3.5%
11.3%
Cash Conversion
CNS
CNS
UTL
UTL
Q4 25
-3.45×
1.13×
Q3 25
1.32×
Q2 25
-1.84×
10.55×
Q1 25
-2.74×
1.89×
Q4 24
2.11×
1.49×
Q3 24
0.65×
Q2 24
0.99×
11.60×
Q1 24
0.14×
0.98×

Financial Flow Comparison

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

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