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Side-by-side financial comparison of H2O AMERICA (HTO) and Grand Canyon Education, Inc. (LOPE). Click either name above to swap in a different company.
Grand Canyon Education, Inc. is the larger business by last-quarter revenue ($308.1M vs $199.4M, roughly 1.5× H2O AMERICA). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 8.1%, a 20.0% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs 1.5%). Over the past eight quarters, H2O AMERICA's revenue compounded faster (15.3% CAGR vs 5.9%).
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.
Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.
HTO vs LOPE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $308.1M |
| Net Profit | $16.2M | $86.7M |
| Gross Margin | — | — |
| Operating Margin | 16.6% | 35.1% |
| Net Margin | 8.1% | 28.1% |
| Revenue YoY | 1.5% | 5.3% |
| Net Profit YoY | -29.2% | 5.9% |
| EPS (diluted) | $0.45 | $3.13 |
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 | $308.1M | ||
| Q3 25 | $243.5M | $261.1M | ||
| Q2 25 | $197.8M | $247.5M | ||
| Q1 25 | $164.9M | $289.3M | ||
| Q4 24 | $196.5M | $292.6M | ||
| Q3 24 | $216.7M | $238.3M | ||
| Q2 24 | $173.1M | $227.5M | ||
| Q1 24 | $150.0M | $274.7M |
| Q4 25 | $16.2M | $86.7M | ||
| Q3 25 | $45.1M | $16.3M | ||
| Q2 25 | $24.7M | $41.5M | ||
| Q1 25 | $16.6M | $71.6M | ||
| Q4 24 | $22.9M | $81.9M | ||
| Q3 24 | $38.7M | $41.5M | ||
| Q2 24 | $20.7M | $34.9M | ||
| Q1 24 | $11.7M | $68.0M |
| Q4 25 | 16.6% | 35.1% | ||
| Q3 25 | 26.5% | 6.9% | ||
| Q2 25 | 22.2% | 20.9% | ||
| Q1 25 | 21.8% | 30.4% | ||
| Q4 24 | 22.2% | 34.2% | ||
| Q3 24 | 26.9% | 20.2% | ||
| Q2 24 | 23.4% | 18.8% | ||
| Q1 24 | 18.6% | 30.8% |
| Q4 25 | 8.1% | 28.1% | ||
| Q3 25 | 18.5% | 6.2% | ||
| Q2 25 | 12.5% | 16.8% | ||
| Q1 25 | 10.0% | 24.8% | ||
| Q4 24 | 11.7% | 28.0% | ||
| Q3 24 | 17.8% | 17.4% | ||
| Q2 24 | 12.0% | 15.3% | ||
| Q1 24 | 7.8% | 24.8% |
| Q4 25 | $0.45 | $3.13 | ||
| Q3 25 | $1.27 | $0.58 | ||
| Q2 25 | $0.71 | $1.48 | ||
| Q1 25 | $0.49 | $2.52 | ||
| Q4 24 | $0.70 | $2.83 | ||
| Q3 24 | $1.17 | $1.42 | ||
| Q2 24 | $0.64 | $1.19 | ||
| Q1 24 | $0.36 | $2.29 |
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 | $111.8M |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.5B | $746.9M |
| Total Assets | $5.1B | $992.3M |
| Debt / EquityLower = less leverage | 1.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.7M | $111.8M | ||
| Q3 25 | $11.3M | $97.3M | ||
| Q2 25 | $19.8M | $192.3M | ||
| Q1 25 | $23.7M | $144.5M | ||
| Q4 24 | $11.1M | $324.6M | ||
| Q3 24 | $4.0M | $263.6M | ||
| Q2 24 | $22.8M | $241.3M | ||
| Q1 24 | $4.5M | $196.2M |
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.5B | $746.9M | ||
| Q3 25 | $1.5B | $758.0M | ||
| Q2 25 | $1.5B | $778.0M | ||
| Q1 25 | $1.4B | $780.7M | ||
| Q4 24 | $1.4B | $783.9M | ||
| Q3 24 | $1.3B | $764.1M | ||
| Q2 24 | $1.3B | $759.2M | ||
| Q1 24 | $1.2B | $759.4M |
| Q4 25 | $5.1B | $992.3M | ||
| Q3 25 | $5.0B | $1.0B | ||
| Q2 25 | $4.8B | $1.0B | ||
| Q1 25 | $4.7B | $1.0B | ||
| Q4 24 | $4.7B | $1.0B | ||
| Q3 24 | $4.6B | $992.9M | ||
| Q2 24 | $4.4B | $992.7M | ||
| Q1 24 | $4.4B | $1.0B |
| Q4 25 | 1.23× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.26× | — | ||
| 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 | $63.5M | $130.5M |
| Free Cash FlowOCF − Capex | — | $122.9M |
| FCF MarginFCF / Revenue | — | 39.9% |
| Capex IntensityCapex / Revenue | — | 2.5% |
| Cash ConversionOCF / Net Profit | 3.92× | 1.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $238.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.5M | $130.5M | ||
| Q3 25 | $77.3M | $-48.6M | ||
| Q2 25 | $60.8M | $124.0M | ||
| Q1 25 | $43.2M | $67.6M | ||
| Q4 24 | $41.5M | $135.8M | ||
| Q3 24 | $53.5M | $-29.4M | ||
| Q2 24 | $49.3M | $98.6M | ||
| Q1 24 | $51.2M | $85.0M |
| Q4 25 | — | $122.9M | ||
| Q3 25 | — | $-58.3M | ||
| Q2 25 | — | $115.4M | ||
| Q1 25 | — | $58.7M | ||
| Q4 24 | — | $126.1M | ||
| Q3 24 | — | $-39.0M | ||
| Q2 24 | — | $89.6M | ||
| Q1 24 | — | $76.0M |
| Q4 25 | — | 39.9% | ||
| Q3 25 | — | -22.3% | ||
| Q2 25 | — | 46.6% | ||
| Q1 25 | — | 20.3% | ||
| Q4 24 | — | 43.1% | ||
| Q3 24 | — | -16.3% | ||
| Q2 24 | — | 39.4% | ||
| Q1 24 | — | 27.7% |
| Q4 25 | — | 2.5% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 3.5% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 3.9% | ||
| Q1 24 | — | 3.3% |
| Q4 25 | 3.92× | 1.50× | ||
| Q3 25 | 1.71× | -2.99× | ||
| Q2 25 | 2.47× | 2.98× | ||
| Q1 25 | 2.61× | 0.94× | ||
| Q4 24 | 1.81× | 1.66× | ||
| Q3 24 | 1.39× | -0.71× | ||
| Q2 24 | 2.38× | 2.83× | ||
| Q1 24 | 4.38× | 1.25× |
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% |
LOPE
Segment breakdown not available.
