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Side-by-side financial comparison of H2O AMERICA (HTO) and RADIAN GROUP INC (RDN). Click either name above to swap in a different company.
RADIAN GROUP INC is the larger business by last-quarter revenue ($300.5M vs $199.4M, roughly 1.5× H2O AMERICA). RADIAN GROUP INC runs the higher net margin — 51.5% vs 8.1%, a 43.4% gap on every dollar of revenue. On growth, RADIAN GROUP INC posted the faster year-over-year revenue change (2.7% vs 1.5%). Over the past eight quarters, H2O AMERICA's revenue compounded faster (15.3% CAGR vs -0.2%).
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.
Radian Group Inc. is a mortgage insurance company with a suite of mortgage, risk, real estate, and title services.
HTO vs RDN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $300.5M |
| Net Profit | $16.2M | $154.8M |
| Gross Margin | — | — |
| Operating Margin | 16.6% | 76.2% |
| Net Margin | 8.1% | 51.5% |
| Revenue YoY | 1.5% | 2.7% |
| Net Profit YoY | -29.2% | 4.4% |
| EPS (diluted) | $0.45 | $1.11 |
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 | $300.5M | ||
| Q3 25 | $243.5M | $303.2M | ||
| Q2 25 | $197.8M | $298.6M | ||
| Q1 25 | $164.9M | $294.8M | ||
| Q4 24 | $196.5M | $292.7M | ||
| Q3 24 | $216.7M | $313.4M | ||
| Q2 24 | $173.1M | $298.6M | ||
| Q1 24 | $150.0M | $301.7M |
| Q4 25 | $16.2M | $154.8M | ||
| Q3 25 | $45.1M | $141.4M | ||
| Q2 25 | $24.7M | $141.8M | ||
| Q1 25 | $16.6M | $144.6M | ||
| Q4 24 | $22.9M | $148.3M | ||
| Q3 24 | $38.7M | $151.9M | ||
| Q2 24 | $20.7M | $151.9M | ||
| Q1 24 | $11.7M | $152.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 97.2% | ||
| Q1 25 | — | 97.0% | ||
| Q4 24 | — | 96.6% | ||
| Q3 24 | — | 97.0% | ||
| Q2 24 | — | 96.8% | ||
| Q1 24 | — | 96.9% |
| Q4 25 | 16.6% | 76.2% | ||
| Q3 25 | 26.5% | 65.5% | ||
| Q2 25 | 22.2% | 58.6% | ||
| Q1 25 | 21.8% | 63.9% | ||
| Q4 24 | 22.2% | 83.6% | ||
| Q3 24 | 26.9% | 68.4% | ||
| Q2 24 | 23.4% | 63.0% | ||
| Q1 24 | 18.6% | 65.8% |
| Q4 25 | 8.1% | 51.5% | ||
| Q3 25 | 18.5% | 46.7% | ||
| Q2 25 | 12.5% | 47.5% | ||
| Q1 25 | 10.0% | 49.0% | ||
| Q4 24 | 11.7% | 50.7% | ||
| Q3 24 | 17.8% | 48.5% | ||
| Q2 24 | 12.0% | 50.9% | ||
| Q1 24 | 7.8% | 50.5% |
| Q4 25 | $0.45 | $1.11 | ||
| Q3 25 | $1.27 | $1.03 | ||
| Q2 25 | $0.71 | $1.02 | ||
| Q1 25 | $0.49 | $0.98 | ||
| Q4 24 | $0.70 | $0.97 | ||
| Q3 24 | $1.17 | $0.99 | ||
| Q2 24 | $0.64 | $0.98 | ||
| Q1 24 | $0.36 | $0.98 |
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 | $24.8M |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.5B | $4.8B |
| Total Assets | $5.1B | $8.1B |
| Debt / EquityLower = less leverage | 1.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.7M | $24.8M | ||
| Q3 25 | $11.3M | $15.3M | ||
| Q2 25 | $19.8M | $22.1M | ||
| Q1 25 | $23.7M | $24.2M | ||
| Q4 24 | $11.1M | $19.2M | ||
| Q3 24 | $4.0M | $28.1M | ||
| Q2 24 | $22.8M | $13.8M | ||
| Q1 24 | $4.5M | $27.0M |
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.5B | $4.8B | ||
| Q3 25 | $1.5B | $4.7B | ||
| Q2 25 | $1.5B | $4.5B | ||
| Q1 25 | $1.4B | $4.6B | ||
| Q4 24 | $1.4B | $4.6B | ||
| Q3 24 | $1.3B | $4.7B | ||
| Q2 24 | $1.3B | $4.5B | ||
| Q1 24 | $1.2B | $4.4B |
| Q4 25 | $5.1B | $8.1B | ||
| Q3 25 | $5.0B | $8.2B | ||
| Q2 25 | $4.8B | $9.6B | ||
| Q1 25 | $4.7B | $8.8B | ||
| Q4 24 | $4.7B | $8.7B | ||
| Q3 24 | $4.6B | $8.4B | ||
| Q2 24 | $4.4B | $8.1B | ||
| Q1 24 | $4.4B | $7.8B |
| 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 | $119.9M |
| Free Cash FlowOCF − Capex | — | $115.7M |
| FCF MarginFCF / Revenue | — | 38.5% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | 3.92× | 0.77× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-174.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.5M | $119.9M | ||
| Q3 25 | $77.3M | $358.4M | ||
| Q2 25 | $60.8M | $-713.3M | ||
| Q1 25 | $43.2M | $67.8M | ||
| Q4 24 | $41.5M | $-663.6M | ||
| Q3 24 | $53.5M | $-237.9M | ||
| Q2 24 | $49.3M | $-207.3M | ||
| Q1 24 | $51.2M | $51.0M |
| Q4 25 | — | $115.7M | ||
| Q3 25 | — | $357.6M | ||
| Q2 25 | — | $-714.6M | ||
| Q1 25 | — | $66.6M | ||
| Q4 24 | — | $-665.1M | ||
| Q3 24 | — | $-239.2M | ||
| Q2 24 | — | $-208.3M | ||
| Q1 24 | — | $49.5M |
| Q4 25 | — | 38.5% | ||
| Q3 25 | — | 117.9% | ||
| Q2 25 | — | -239.4% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | -227.3% | ||
| Q3 24 | — | -76.3% | ||
| Q2 24 | — | -69.8% | ||
| Q1 24 | — | 16.4% |
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.5% |
| Q4 25 | 3.92× | 0.77× | ||
| Q3 25 | 1.71× | 2.53× | ||
| Q2 25 | 2.47× | -5.03× | ||
| Q1 25 | 2.61× | 0.47× | ||
| Q4 24 | 1.81× | -4.47× | ||
| Q3 24 | 1.39× | -1.57× | ||
| Q2 24 | 2.38× | -1.36× | ||
| Q1 24 | 4.38× | 0.34× |
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% |
RDN
Segment breakdown not available.
