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Side-by-side financial comparison of H2O AMERICA (HTO) and STAG Industrial, Inc. (STAG). Click either name above to swap in a different company.
STAG Industrial, Inc. is the larger business by last-quarter revenue ($224.2M vs $199.4M, roughly 1.1× H2O AMERICA). STAG Industrial, Inc. runs the higher net margin — 27.6% vs 8.1%, a 19.5% gap on every dollar of revenue. On growth, STAG Industrial, Inc. posted the faster year-over-year revenue change (9.1% vs 1.5%). Over the past eight quarters, H2O AMERICA's revenue compounded faster (15.3% CAGR vs 8.7%).
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.
Stag Arms is a firearms manufacturer founded in May 2003 and located in Cheyenne, Wyoming. Stag Arms is a manufacturer of the AR-15 type rifle, marketed as Stag-15 rifles. Stag advertises that all their weapons and accessories are made in the United States. They are best known for their left-handed AR-15 rifles, which use a mirror imaged upper receiver and have the ejection port reversed for left-handed shooters and the safety selector control on the right side of the lower receiver.
HTO vs STAG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $224.2M |
| Net Profit | $16.2M | $62.0M |
| Gross Margin | — | — |
| Operating Margin | 16.6% | — |
| Net Margin | 8.1% | 27.6% |
| Revenue YoY | 1.5% | 9.1% |
| Net Profit YoY | -29.2% | — |
| EPS (diluted) | $0.45 | $0.32 |
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 | — | $224.2M | ||
| Q4 25 | $199.4M | $220.9M | ||
| Q3 25 | $243.5M | $211.1M | ||
| Q2 25 | $197.8M | $207.6M | ||
| Q1 25 | $164.9M | $205.6M | ||
| Q4 24 | $196.5M | $199.3M | ||
| Q3 24 | $216.7M | $190.7M | ||
| Q2 24 | $173.1M | $189.8M |
| Q1 26 | — | $62.0M | ||
| Q4 25 | $16.2M | $83.5M | ||
| Q3 25 | $45.1M | $48.6M | ||
| Q2 25 | $24.7M | $50.0M | ||
| Q1 25 | $16.6M | $91.4M | ||
| Q4 24 | $22.9M | $51.0M | ||
| Q3 24 | $38.7M | $41.9M | ||
| Q2 24 | $20.7M | $59.8M |
| Q1 26 | — | — | ||
| Q4 25 | 16.6% | — | ||
| Q3 25 | 26.5% | — | ||
| Q2 25 | 22.2% | — | ||
| Q1 25 | 21.8% | — | ||
| Q4 24 | 22.2% | — | ||
| Q3 24 | 26.9% | — | ||
| Q2 24 | 23.4% | — |
| Q1 26 | — | 27.6% | ||
| Q4 25 | 8.1% | 37.8% | ||
| Q3 25 | 18.5% | 23.0% | ||
| Q2 25 | 12.5% | 24.1% | ||
| Q1 25 | 10.0% | 44.5% | ||
| Q4 24 | 11.7% | 25.6% | ||
| Q3 24 | 17.8% | 21.9% | ||
| Q2 24 | 12.0% | 31.5% |
| Q1 26 | — | $0.32 | ||
| Q4 25 | $0.45 | — | ||
| Q3 25 | $1.27 | — | ||
| Q2 25 | $0.71 | — | ||
| Q1 25 | $0.49 | — | ||
| Q4 24 | $0.70 | — | ||
| Q3 24 | $1.17 | — | ||
| Q2 24 | $0.64 | — |
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 | $8.9M |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.5B | $3.6B |
| Total Assets | $5.1B | $7.2B |
| Debt / EquityLower = less leverage | 1.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $8.9M | ||
| Q4 25 | $20.7M | $14.9M | ||
| Q3 25 | $11.3M | $17.3M | ||
| Q2 25 | $19.8M | $15.4M | ||
| Q1 25 | $23.7M | $9.3M | ||
| Q4 24 | $11.1M | $36.3M | ||
| Q3 24 | $4.0M | $70.0M | ||
| Q2 24 | $22.8M | $33.3M |
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $3.3B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | $1.7B | $3.0B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $2.8B |
| Q1 26 | — | $3.6B | ||
| Q4 25 | $1.5B | $3.6B | ||
| Q3 25 | $1.5B | $3.4B | ||
| Q2 25 | $1.5B | $3.4B | ||
| Q1 25 | $1.4B | $3.5B | ||
| Q4 24 | $1.4B | $3.5B | ||
| Q3 24 | $1.3B | $3.3B | ||
| Q2 24 | $1.3B | $3.3B |
| Q1 26 | — | $7.2B | ||
| Q4 25 | $5.1B | $7.2B | ||
| Q3 25 | $5.0B | $6.9B | ||
| Q2 25 | $4.8B | $6.8B | ||
| Q1 25 | $4.7B | $6.8B | ||
| Q4 24 | $4.7B | $6.8B | ||
| Q3 24 | $4.6B | $6.6B | ||
| Q2 24 | $4.4B | $6.4B |
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | 0.91× | ||
| Q3 25 | — | 0.91× | ||
| Q2 25 | — | 0.88× | ||
| Q1 25 | — | 0.87× | ||
| Q4 24 | 1.26× | 0.88× | ||
| Q3 24 | — | 0.89× | ||
| Q2 24 | — | 0.84× |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 3.9% |
| Cash ConversionOCF / Net Profit | 3.92× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $63.5M | $104.5M | ||
| Q3 25 | $77.3M | $143.5M | ||
| Q2 25 | $60.8M | $111.9M | ||
| Q1 25 | $43.2M | $103.5M | ||
| Q4 24 | $41.5M | $104.9M | ||
| Q3 24 | $53.5M | $128.0M | ||
| Q2 24 | $49.3M | $122.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $43.8M | ||
| Q3 25 | — | $95.5M | ||
| Q2 25 | — | $62.3M | ||
| Q1 25 | — | $57.2M | ||
| Q4 24 | — | $37.6M | ||
| Q3 24 | — | $86.7M | ||
| Q2 24 | — | $105.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.8% | ||
| Q3 25 | — | 45.2% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 27.8% | ||
| Q4 24 | — | 18.8% | ||
| Q3 24 | — | 45.5% | ||
| Q2 24 | — | 55.3% |
| Q1 26 | — | 3.9% | ||
| Q4 25 | — | 27.4% | ||
| Q3 25 | — | 22.7% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | 22.5% | ||
| Q4 24 | — | 33.8% | ||
| Q3 24 | — | 21.6% | ||
| Q2 24 | — | 9.1% |
| Q1 26 | — | — | ||
| Q4 25 | 3.92× | 1.25× | ||
| Q3 25 | 1.71× | 2.95× | ||
| Q2 25 | 2.47× | 2.24× | ||
| Q1 25 | 2.61× | 1.13× | ||
| Q4 24 | 1.81× | 2.06× | ||
| Q3 24 | 1.39× | 3.06× | ||
| Q2 24 | 2.38× | 2.04× |
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% |
STAG
Segment breakdown not available.
