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Side-by-side financial comparison of H2O AMERICA (HTO) and ROGERS CORP (ROG). Click either name above to swap in a different company.
ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $199.4M, roughly 1.0× H2O AMERICA). H2O AMERICA runs the higher net margin — 8.1% vs 2.2%, a 5.9% gap on every dollar of revenue. On growth, ROGERS CORP posted the faster year-over-year revenue change (5.2% vs 1.5%). Over the past eight quarters, H2O AMERICA's revenue compounded faster (15.3% CAGR vs -3.3%).
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.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
HTO vs ROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $200.5M |
| Net Profit | $16.2M | $4.5M |
| Gross Margin | — | 32.2% |
| Operating Margin | 16.6% | — |
| Net Margin | 8.1% | 2.2% |
| Revenue YoY | 1.5% | 5.2% |
| Net Profit YoY | -29.2% | 421.4% |
| EPS (diluted) | $0.45 | $0.25 |
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.
| Q1 26 | — | $200.5M | ||
| Q4 25 | $199.4M | $201.5M | ||
| Q3 25 | $243.5M | $216.0M | ||
| Q2 25 | $197.8M | $202.8M | ||
| Q1 25 | $164.9M | $190.5M | ||
| Q4 24 | $196.5M | $192.2M | ||
| Q3 24 | $216.7M | $210.3M | ||
| Q2 24 | $173.1M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $16.2M | $4.6M | ||
| Q3 25 | $45.1M | $8.6M | ||
| Q2 25 | $24.7M | $-73.6M | ||
| Q1 25 | $16.6M | $-1.4M | ||
| Q4 24 | $22.9M | $-500.0K | ||
| Q3 24 | $38.7M | $10.7M | ||
| Q2 24 | $20.7M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | — | 31.5% | ||
| Q3 25 | — | 33.5% | ||
| Q2 25 | — | 31.6% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 32.1% | ||
| Q3 24 | — | 35.2% | ||
| Q2 24 | — | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | 16.6% | 3.5% | ||
| Q3 25 | 26.5% | 7.3% | ||
| Q2 25 | 22.2% | -33.3% | ||
| Q1 25 | 21.8% | -0.2% | ||
| Q4 24 | 22.2% | -6.6% | ||
| Q3 24 | 26.9% | 6.9% | ||
| Q2 24 | 23.4% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 8.1% | 2.3% | ||
| Q3 25 | 18.5% | 4.0% | ||
| Q2 25 | 12.5% | -36.3% | ||
| Q1 25 | 10.0% | -0.7% | ||
| Q4 24 | 11.7% | -0.3% | ||
| Q3 24 | 17.8% | 5.1% | ||
| Q2 24 | 12.0% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | $0.45 | $0.20 | ||
| Q3 25 | $1.27 | $0.48 | ||
| Q2 25 | $0.71 | $-4.00 | ||
| Q1 25 | $0.49 | $-0.08 | ||
| Q4 24 | $0.70 | $-0.04 | ||
| Q3 24 | $1.17 | $0.58 | ||
| Q2 24 | $0.64 | $0.44 |
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 | $195.8M |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.5B | $1.2B |
| Total Assets | $5.1B | $1.4B |
| Debt / EquityLower = less leverage | 1.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | $20.7M | $197.0M | ||
| Q3 25 | $11.3M | $167.8M | ||
| Q2 25 | $19.8M | $157.2M | ||
| Q1 25 | $23.7M | $175.6M | ||
| Q4 24 | $11.1M | $159.8M | ||
| Q3 24 | $4.0M | $146.4M | ||
| Q2 24 | $22.8M | $119.9M |
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.3B | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $5.1B | $1.4B | ||
| Q3 25 | $5.0B | $1.4B | ||
| Q2 25 | $4.8B | $1.5B | ||
| Q1 25 | $4.7B | $1.5B | ||
| Q4 24 | $4.7B | $1.5B | ||
| Q3 24 | $4.6B | $1.5B | ||
| Q2 24 | $4.4B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.26× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $5.8M |
| Free Cash FlowOCF − Capex | — | $1.1M |
| FCF MarginFCF / Revenue | — | 0.5% |
| Capex IntensityCapex / Revenue | — | 2.3% |
| Cash ConversionOCF / Net Profit | 3.92× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | — | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $63.5M | $46.9M | ||
| Q3 25 | $77.3M | $28.9M | ||
| Q2 25 | $60.8M | $13.7M | ||
| Q1 25 | $43.2M | $11.7M | ||
| Q4 24 | $41.5M | $33.7M | ||
| Q3 24 | $53.5M | $42.4M | ||
| Q2 24 | $49.3M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | — | $42.2M | ||
| Q3 25 | — | $21.2M | ||
| Q2 25 | — | $5.6M | ||
| Q1 25 | — | $2.1M | ||
| Q4 24 | — | $18.3M | ||
| Q3 24 | — | $25.2M | ||
| Q2 24 | — | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | — | 20.9% | ||
| Q3 25 | — | 9.8% | ||
| Q2 25 | — | 2.8% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 9.5% | ||
| Q3 24 | — | 12.0% | ||
| Q2 24 | — | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 3.6% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 5.0% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 8.2% | ||
| Q2 24 | — | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | 3.92× | 10.20× | ||
| Q3 25 | 1.71× | 3.36× | ||
| Q2 25 | 2.47× | — | ||
| Q1 25 | 2.61× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.39× | 3.96× | ||
| Q2 24 | 2.38× | 2.83× |
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% |
ROG
Segment breakdown not available.
