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

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $161.5M, roughly 1.4× UNITIL CORP). UNITIL CORP runs the higher net margin — 11.8% vs 4.4%, a 7.4% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs 20.3%). CSW INDUSTRIALS, INC. produced more free cash flow last quarter ($22.7M vs $-36.3M). Over the past eight quarters, CSW INDUSTRIALS, INC.'s revenue compounded faster (5.1% CAGR vs -4.9%).

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...

CSW vs UTL — Head-to-Head

Bigger by revenue
CSW
CSW
1.4× larger
CSW
$233.0M
$161.5M
UTL
Growing faster (revenue YoY)
UTL
UTL
+6.4% gap
UTL
26.7%
20.3%
CSW
Higher net margin
UTL
UTL
7.4% more per $
UTL
11.8%
4.4%
CSW
More free cash flow
CSW
CSW
$59.0M more FCF
CSW
$22.7M
$-36.3M
UTL
Faster 2-yr revenue CAGR
CSW
CSW
Annualised
CSW
5.1%
-4.9%
UTL

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CSW
CSW
UTL
UTL
Revenue
$233.0M
$161.5M
Net Profit
$10.3M
$19.0M
Gross Margin
39.7%
Operating Margin
7.4%
21.5%
Net Margin
4.4%
11.8%
Revenue YoY
20.3%
26.7%
Net Profit YoY
-61.9%
21.8%
EPS (diluted)
$0.62
$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
CSW
CSW
UTL
UTL
Q4 25
$233.0M
$161.5M
Q3 25
$277.0M
$101.1M
Q2 25
$263.6M
$102.6M
Q1 25
$230.5M
$170.8M
Q4 24
$193.6M
$127.5M
Q3 24
$227.9M
$92.9M
Q2 24
$226.2M
$95.7M
Q1 24
$210.9M
$178.7M
Net Profit
CSW
CSW
UTL
UTL
Q4 25
$10.3M
$19.0M
Q3 25
$40.7M
$-300.0K
Q2 25
$40.9M
$4.0M
Q1 25
$35.1M
$27.5M
Q4 24
$26.9M
$15.6M
Q3 24
$36.1M
$0
Q2 24
$38.6M
$4.3M
Q1 24
$31.8M
$27.2M
Gross Margin
CSW
CSW
UTL
UTL
Q4 25
39.7%
Q3 25
43.0%
Q2 25
43.8%
Q1 25
44.2%
Q4 24
41.4%
Q3 24
45.6%
Q2 24
47.5%
Q1 24
44.4%
Operating Margin
CSW
CSW
UTL
UTL
Q4 25
7.4%
21.5%
Q3 25
20.5%
6.9%
Q2 25
20.8%
13.0%
Q1 25
19.5%
27.0%
Q4 24
15.3%
22.1%
Q3 24
22.6%
6.2%
Q2 24
24.3%
13.0%
Q1 24
21.0%
24.7%
Net Margin
CSW
CSW
UTL
UTL
Q4 25
4.4%
11.8%
Q3 25
14.7%
-0.3%
Q2 25
15.5%
3.9%
Q1 25
15.2%
16.1%
Q4 24
13.9%
12.2%
Q3 24
15.8%
Q2 24
17.1%
4.5%
Q1 24
15.1%
15.2%
EPS (diluted)
CSW
CSW
UTL
UTL
Q4 25
$0.62
$1.05
Q3 25
$2.41
$-0.02
Q2 25
$2.43
$0.25
Q1 25
$2.05
$1.69
Q4 24
$1.60
$0.97
Q3 24
$2.26
$0.00
Q2 24
$2.47
$0.27
Q1 24
$2.03
$1.69

Balance Sheet & Financial Strength

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

Metric
CSW
CSW
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$40.2M
$15.6M
Total DebtLower is stronger
$670.5M
Stockholders' EquityBook value
$1.1B
$609.6M
Total Assets
$2.3B
$2.1B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
UTL
UTL
Q4 25
$40.2M
$15.6M
Q3 25
$31.5M
$14.6M
Q2 25
$38.0M
$8.5M
Q1 25
$225.8M
$10.2M
Q4 24
$213.8M
$6.3M
Q3 24
$273.2M
$6.3M
Q2 24
$18.9M
$2.8M
Q1 24
$22.2M
$6.3M
Total Debt
CSW
CSW
UTL
UTL
Q4 25
$670.5M
Q3 25
$670.5M
Q2 25
$640.7M
Q1 25
$800.1M
$642.1M
Q4 24
$643.3M
Q3 24
$643.3M
Q2 24
$511.3M
Q1 24
$166.0M
$512.8M
Stockholders' Equity
CSW
CSW
UTL
UTL
Q4 25
$1.1B
$609.6M
Q3 25
$1.1B
$597.2M
Q2 25
$1.1B
$532.8M
Q1 25
$1.1B
$534.1M
Q4 24
$1.0B
$512.5M
Q3 24
$1.0B
$502.4M
Q2 24
$650.2M
$508.8M
Q1 24
$615.7M
$510.8M
Total Assets
CSW
CSW
UTL
UTL
Q4 25
$2.3B
$2.1B
Q3 25
$1.5B
$1.9B
Q2 25
$1.5B
$1.9B
Q1 25
$1.4B
$1.9B
Q4 24
$1.4B
$1.8B
Q3 24
$1.4B
$1.7B
Q2 24
$1.1B
$1.7B
Q1 24
$1.0B
$1.7B
Debt / Equity
CSW
CSW
UTL
UTL
Q4 25
1.10×
Q3 25
1.12×
Q2 25
1.20×
Q1 25
0.75×
1.20×
Q4 24
1.26×
Q3 24
1.28×
Q2 24
1.00×
Q1 24
0.27×
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
CSW
CSW
UTL
UTL
Operating Cash FlowLast quarter
$28.9M
$21.4M
Free Cash FlowOCF − Capex
$22.7M
$-36.3M
FCF MarginFCF / Revenue
9.8%
-22.5%
Capex IntensityCapex / Revenue
2.6%
35.7%
Cash ConversionOCF / Net Profit
2.81×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$162.0M
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
UTL
UTL
Q4 25
$28.9M
$21.4M
Q3 25
$61.8M
$15.6M
Q2 25
$60.6M
$42.2M
Q1 25
$27.3M
$52.1M
Q4 24
$11.6M
$23.3M
Q3 24
$66.8M
$26.1M
Q2 24
$62.7M
$49.9M
Q1 24
$22.4M
$26.6M
Free Cash Flow
CSW
CSW
UTL
UTL
Q4 25
$22.7M
$-36.3M
Q3 25
$58.7M
$-39.0M
Q2 25
$57.7M
$2.0M
Q1 25
$22.8M
$19.5M
Q4 24
$8.5M
$-32.3M
Q3 24
$61.3M
$-31.3M
Q2 24
$59.6M
$13.2M
Q1 24
$17.5M
$6.4M
FCF Margin
CSW
CSW
UTL
UTL
Q4 25
9.8%
-22.5%
Q3 25
21.2%
-38.6%
Q2 25
21.9%
1.9%
Q1 25
9.9%
11.4%
Q4 24
4.4%
-25.3%
Q3 24
26.9%
-33.7%
Q2 24
26.3%
13.8%
Q1 24
8.3%
3.6%
Capex Intensity
CSW
CSW
UTL
UTL
Q4 25
2.6%
35.7%
Q3 25
1.1%
54.0%
Q2 25
1.1%
39.2%
Q1 25
2.0%
19.1%
Q4 24
1.6%
43.6%
Q3 24
2.4%
61.8%
Q2 24
1.4%
38.3%
Q1 24
2.3%
11.3%
Cash Conversion
CSW
CSW
UTL
UTL
Q4 25
2.81×
1.13×
Q3 25
1.52×
Q2 25
1.48×
10.55×
Q1 25
0.78×
1.89×
Q4 24
0.43×
1.49×
Q3 24
1.85×
Q2 24
1.62×
11.60×
Q1 24
0.71×
0.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

UTL
UTL

Segment breakdown not available.

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