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Side-by-side financial comparison of H2O AMERICA (HTO) and PTC THERAPEUTICS, INC. (PTCT). Click either name above to swap in a different company.
H2O AMERICA is the larger business by last-quarter revenue ($199.4M vs $164.7M, roughly 1.2× PTC THERAPEUTICS, INC.). H2O AMERICA runs the higher net margin — 8.1% vs -82.0%, a 90.1% gap on every dollar of revenue. On growth, H2O AMERICA posted the faster year-over-year revenue change (1.5% vs -22.7%). Over the past eight quarters, H2O AMERICA's revenue compounded faster (15.3% CAGR vs -11.5%).
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.
PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.
HTO vs PTCT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $164.7M |
| Net Profit | $16.2M | $-135.0M |
| Gross Margin | — | — |
| Operating Margin | 16.6% | -43.3% |
| Net Margin | 8.1% | -82.0% |
| Revenue YoY | 1.5% | -22.7% |
| Net Profit YoY | -29.2% | -104.8% |
| EPS (diluted) | $0.45 | $-1.63 |
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 | $164.7M | ||
| Q3 25 | $243.5M | $211.0M | ||
| Q2 25 | $197.8M | $178.9M | ||
| Q1 25 | $164.9M | $1.2B | ||
| Q4 24 | $196.5M | $213.2M | ||
| Q3 24 | $216.7M | $196.8M | ||
| Q2 24 | $173.1M | $186.7M | ||
| Q1 24 | $150.0M | $210.1M |
| Q4 25 | $16.2M | $-135.0M | ||
| Q3 25 | $45.1M | $15.9M | ||
| Q2 25 | $24.7M | $-64.8M | ||
| Q1 25 | $16.6M | $866.6M | ||
| Q4 24 | $22.9M | $-65.9M | ||
| Q3 24 | $38.7M | $-106.7M | ||
| Q2 24 | $20.7M | $-99.2M | ||
| Q1 24 | $11.7M | $-91.6M |
| Q4 25 | 16.6% | -43.3% | ||
| Q3 25 | 26.5% | 1.4% | ||
| Q2 25 | 22.2% | -19.5% | ||
| Q1 25 | 21.8% | 82.5% | ||
| Q4 24 | 22.2% | -76.2% | ||
| Q3 24 | 26.9% | -27.7% | ||
| Q2 24 | 23.4% | -21.5% | ||
| Q1 24 | 18.6% | -21.6% |
| Q4 25 | 8.1% | -82.0% | ||
| Q3 25 | 18.5% | 7.5% | ||
| Q2 25 | 12.5% | -36.3% | ||
| Q1 25 | 10.0% | 73.7% | ||
| Q4 24 | 11.7% | -30.9% | ||
| Q3 24 | 17.8% | -54.2% | ||
| Q2 24 | 12.0% | -53.1% | ||
| Q1 24 | 7.8% | -43.6% |
| Q4 25 | $0.45 | $-1.63 | ||
| Q3 25 | $1.27 | $0.20 | ||
| Q2 25 | $0.71 | $-0.83 | ||
| Q1 25 | $0.49 | $10.04 | ||
| Q4 24 | $0.70 | $-0.85 | ||
| Q3 24 | $1.17 | $-1.39 | ||
| Q2 24 | $0.64 | $-1.29 | ||
| Q1 24 | $0.36 | $-1.20 |
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 | $1.9B |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.5B | $-205.3M |
| Total Assets | $5.1B | $2.9B |
| Debt / EquityLower = less leverage | 1.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.7M | $1.9B | ||
| Q3 25 | $11.3M | $1.7B | ||
| Q2 25 | $19.8M | $2.0B | ||
| Q1 25 | $23.7M | $2.0B | ||
| Q4 24 | $11.1M | $1.1B | ||
| Q3 24 | $4.0M | $1.0B | ||
| Q2 24 | $22.8M | $1.1B | ||
| Q1 24 | $4.5M | $884.8M |
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.5B | $-205.3M | ||
| Q3 25 | $1.5B | $-155.8M | ||
| Q2 25 | $1.5B | $-206.5M | ||
| Q1 25 | $1.4B | $-185.8M | ||
| Q4 24 | $1.4B | $-1.1B | ||
| Q3 24 | $1.3B | $-1.1B | ||
| Q2 24 | $1.3B | $-980.2M | ||
| Q1 24 | $1.2B | $-893.9M |
| Q4 25 | $5.1B | $2.9B | ||
| Q3 25 | $5.0B | $2.6B | ||
| Q2 25 | $4.8B | $2.6B | ||
| Q1 25 | $4.7B | $2.7B | ||
| Q4 24 | $4.7B | $1.7B | ||
| Q3 24 | $4.6B | $1.8B | ||
| Q2 24 | $4.4B | $1.9B | ||
| Q1 24 | $4.4B | $1.8B |
| 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 | $-34.3M |
| Free Cash FlowOCF − Capex | — | $-36.6M |
| FCF MarginFCF / Revenue | — | -22.3% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | 3.92× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $702.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.5M | $-34.3M | ||
| Q3 25 | $77.3M | $-66.3M | ||
| Q2 25 | $60.8M | $-58.3M | ||
| Q1 25 | $43.2M | $870.1M | ||
| Q4 24 | $41.5M | $-30.0M | ||
| Q3 24 | $53.5M | $-77.0M | ||
| Q2 24 | $49.3M | $-71.5M | ||
| Q1 24 | $51.2M | $70.8M |
| Q4 25 | — | $-36.6M | ||
| Q3 25 | — | $-69.7M | ||
| Q2 25 | — | $-59.6M | ||
| Q1 25 | — | $868.4M | ||
| Q4 24 | — | $-33.8M | ||
| Q3 24 | — | $-77.5M | ||
| Q2 24 | — | $-78.8M | ||
| Q1 24 | — | $61.2M |
| Q4 25 | — | -22.3% | ||
| Q3 25 | — | -33.1% | ||
| Q2 25 | — | -33.3% | ||
| Q1 25 | — | 73.8% | ||
| Q4 24 | — | -15.8% | ||
| Q3 24 | — | -39.4% | ||
| Q2 24 | — | -42.2% | ||
| Q1 24 | — | 29.1% |
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 4.0% | ||
| Q1 24 | — | 4.6% |
| Q4 25 | 3.92× | — | ||
| Q3 25 | 1.71× | -4.17× | ||
| Q2 25 | 2.47× | — | ||
| Q1 25 | 2.61× | 1.00× | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.39× | — | ||
| Q2 24 | 2.38× | — | ||
| Q1 24 | 4.38× | — |
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% |
PTCT
Segment breakdown not available.
