vs
Side-by-side financial comparison of H2O AMERICA (HTO) and El Pollo Loco Holdings, Inc. (LOCO). Click either name above to swap in a different company.
H2O AMERICA is the larger business by last-quarter revenue ($199.4M vs $123.5M, roughly 1.6× El Pollo Loco Holdings, Inc.). H2O AMERICA runs the higher net margin — 8.1% vs 5.3%, a 2.8% gap on every dollar of revenue. On growth, El Pollo Loco Holdings, Inc. posted the faster year-over-year revenue change (8.1% vs 1.5%). Over the past eight quarters, H2O AMERICA's revenue compounded faster (15.3% CAGR vs 3.1%).
H2O Wireless is a United States-based prepaid cell phone service, that utilizes the AT&T network. It is a brand of the mobile virtual network operator (MVNO) Locus Telecommunications, a subsidiary of Telrite Holdings, Inc., since 2019. Locus was formerly a subsidiary of KDDI America corporation, starting in 2010. H2O Wireless is primarily advertised as a non-restrictive phone service for customers to bring or buy unlocked smartphones, although AT&T contract/locked phones may be accepted as well.
El Pollo Loco, Inc., is a restaurant chain based in the United States, specializing in Mexican-style grilled chicken. Restaurant service consists of dine-in and take-out, with some locations offering drive-through options. The company is headquartered in Costa Mesa, California, and operates about 500 company-owned and franchised restaurants in the Southwestern United States.
HTO vs LOCO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $123.5M |
| Net Profit | $16.2M | $6.5M |
| Gross Margin | — | — |
| Operating Margin | 16.6% | 8.3% |
| Net Margin | 8.1% | 5.3% |
| Revenue YoY | 1.5% | 8.1% |
| Net Profit YoY | -29.2% | 9.9% |
| EPS (diluted) | $0.45 | $0.22 |
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 | $199.4M | $123.5M | ||
| Q3 25 | $243.5M | $121.5M | ||
| Q2 25 | $197.8M | $125.8M | ||
| Q1 25 | $164.9M | $119.2M | ||
| Q4 24 | $196.5M | $114.3M | ||
| Q3 24 | $216.7M | $120.4M | ||
| Q2 24 | $173.1M | $122.2M | ||
| Q1 24 | $150.0M | $116.2M |
| Q4 25 | $16.2M | $6.5M | ||
| Q3 25 | $45.1M | $7.4M | ||
| Q2 25 | $24.7M | $7.1M | ||
| Q1 25 | $16.6M | $5.5M | ||
| Q4 24 | $22.9M | $6.0M | ||
| Q3 24 | $38.7M | $6.2M | ||
| Q2 24 | $20.7M | $7.6M | ||
| Q1 24 | $11.7M | $5.9M |
| Q4 25 | 16.6% | 8.3% | ||
| Q3 25 | 26.5% | 9.4% | ||
| Q2 25 | 22.2% | 9.0% | ||
| Q1 25 | 21.8% | 7.5% | ||
| Q4 24 | 22.2% | 7.9% | ||
| Q3 24 | 26.9% | 8.4% | ||
| Q2 24 | 23.4% | 10.1% | ||
| Q1 24 | 18.6% | 8.3% |
| Q4 25 | 8.1% | 5.3% | ||
| Q3 25 | 18.5% | 6.1% | ||
| Q2 25 | 12.5% | 5.6% | ||
| Q1 25 | 10.0% | 4.6% | ||
| Q4 24 | 11.7% | 5.2% | ||
| Q3 24 | 17.8% | 5.1% | ||
| Q2 24 | 12.0% | 6.2% | ||
| Q1 24 | 7.8% | 5.1% |
| Q4 25 | $0.45 | $0.22 | ||
| Q3 25 | $1.27 | $0.25 | ||
| Q2 25 | $0.71 | $0.24 | ||
| Q1 25 | $0.49 | $0.19 | ||
| Q4 24 | $0.70 | $0.21 | ||
| Q3 24 | $1.17 | $0.21 | ||
| Q2 24 | $0.64 | $0.25 | ||
| Q1 24 | $0.36 | $0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $20.7M | $6.2M |
| Total DebtLower is stronger | $1.9B | $51.0M |
| Stockholders' EquityBook value | $1.5B | $291.1M |
| Total Assets | $5.1B | $606.6M |
| Debt / EquityLower = less leverage | 1.23× | 0.18× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.7M | $6.2M | ||
| Q3 25 | $11.3M | $10.9M | ||
| Q2 25 | $19.8M | $9.0M | ||
| Q1 25 | $23.7M | $4.3M | ||
| Q4 24 | $11.1M | $2.5M | ||
| Q3 24 | $4.0M | $7.9M | ||
| Q2 24 | $22.8M | $10.5M | ||
| Q1 24 | $4.5M | $9.1M |
| Q4 25 | $1.9B | $51.0M | ||
| Q3 25 | — | $61.0M | ||
| Q2 25 | — | $69.0M | ||
| Q1 25 | — | $73.0M | ||
| Q4 24 | $1.7B | $71.0M | ||
| Q3 24 | — | $76.0M | ||
| Q2 24 | — | $87.0M | ||
| Q1 24 | — | $80.0M |
| Q4 25 | $1.5B | $291.1M | ||
| Q3 25 | $1.5B | $282.9M | ||
| Q2 25 | $1.5B | $274.2M | ||
| Q1 25 | $1.4B | $265.7M | ||
| Q4 24 | $1.4B | $260.7M | ||
| Q3 24 | $1.3B | $255.2M | ||
| Q2 24 | $1.3B | $248.6M | ||
| Q1 24 | $1.2B | $256.3M |
| Q4 25 | $5.1B | $606.6M | ||
| Q3 25 | $5.0B | $602.7M | ||
| Q2 25 | $4.8B | $596.8M | ||
| Q1 25 | $4.7B | $590.5M | ||
| Q4 24 | $4.7B | $592.0M | ||
| Q3 24 | $4.6B | $590.0M | ||
| Q2 24 | $4.4B | $593.8M | ||
| Q1 24 | $4.4B | $598.0M |
| Q4 25 | 1.23× | 0.18× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | 1.26× | 0.27× | ||
| Q3 24 | — | 0.30× | ||
| Q2 24 | — | 0.35× | ||
| Q1 24 | — | 0.31× |
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 | $63.5M | $13.9M |
| Free Cash FlowOCF − Capex | — | $5.1M |
| FCF MarginFCF / Revenue | — | 4.1% |
| Capex IntensityCapex / Revenue | — | 7.1% |
| Cash ConversionOCF / Net Profit | 3.92× | 2.13× |
| TTM Free Cash FlowTrailing 4 quarters | — | $25.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.5M | $13.9M | ||
| Q3 25 | $77.3M | $15.3M | ||
| Q2 25 | $60.8M | $14.1M | ||
| Q1 25 | $43.2M | $4.7M | ||
| Q4 24 | $41.5M | $5.6M | ||
| Q3 24 | $53.5M | $13.0M | ||
| Q2 24 | $49.3M | $17.0M | ||
| Q1 24 | $51.2M | $11.2M |
| Q4 25 | — | $5.1M | ||
| Q3 25 | — | $9.9M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $1.3M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | — | $9.1M | ||
| Q2 24 | — | $10.4M | ||
| Q1 24 | — | $7.0M |
| Q4 25 | — | 4.1% | ||
| Q3 25 | — | 8.2% | ||
| Q2 25 | — | 7.2% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | 8.5% | ||
| Q1 24 | — | 6.0% |
| Q4 25 | — | 7.1% | ||
| Q3 25 | — | 4.4% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 5.3% | ||
| Q1 24 | — | 3.6% |
| Q4 25 | 3.92× | 2.13× | ||
| Q3 25 | 1.71× | 2.08× | ||
| Q2 25 | 2.47× | 1.99× | ||
| Q1 25 | 2.61× | 0.86× | ||
| Q4 24 | 1.81× | 0.95× | ||
| Q3 24 | 1.39× | 2.11× | ||
| Q2 24 | 2.38× | 2.22× | ||
| Q1 24 | 4.38× | 1.89× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTO
| Water Utility Services | $191.0M | 96% |
| Other | $8.4M | 4% |
LOCO
| Services | $102.4M | 83% |
| Franchise | $13.0M | 11% |
| Franchise Advertising Fee | $8.1M | 7% |
