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Side-by-side financial comparison of H2O AMERICA (HTO) and UNIVERSAL TECHNICAL INSTITUTE INC (UTI). Click either name above to swap in a different company.
UNIVERSAL TECHNICAL INSTITUTE INC is the larger business by last-quarter revenue ($220.8M vs $199.4M, roughly 1.1× H2O AMERICA). H2O AMERICA runs the higher net margin — 8.1% vs 5.8%, a 2.3% gap on every dollar of revenue. On growth, UNIVERSAL TECHNICAL INSTITUTE INC posted the faster year-over-year revenue change (9.6% vs 1.5%). Over the past eight quarters, H2O AMERICA's revenue compounded faster (15.3% CAGR vs 9.5%).
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.
Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.
HTO vs UTI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $220.8M |
| Net Profit | $16.2M | $12.8M |
| Gross Margin | — | — |
| Operating Margin | 16.6% | 7.1% |
| Net Margin | 8.1% | 5.8% |
| Revenue YoY | 1.5% | 9.6% |
| Net Profit YoY | -29.2% | -42.1% |
| EPS (diluted) | $0.45 | $0.23 |
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 | $220.8M | ||
| Q3 25 | $243.5M | $222.4M | ||
| Q2 25 | $197.8M | $204.3M | ||
| Q1 25 | $164.9M | $207.4M | ||
| Q4 24 | $196.5M | $201.4M | ||
| Q3 24 | $216.7M | $196.4M | ||
| Q2 24 | $173.1M | $177.5M | ||
| Q1 24 | $150.0M | $184.2M |
| Q4 25 | $16.2M | $12.8M | ||
| Q3 25 | $45.1M | $18.8M | ||
| Q2 25 | $24.7M | $10.7M | ||
| Q1 25 | $16.6M | $11.4M | ||
| Q4 24 | $22.9M | $22.2M | ||
| Q3 24 | $38.7M | $18.8M | ||
| Q2 24 | $20.7M | $5.0M | ||
| Q1 24 | $11.7M | $7.8M |
| Q4 25 | 16.6% | 7.1% | ||
| Q3 25 | 26.5% | 11.2% | ||
| Q2 25 | 22.2% | 6.9% | ||
| Q1 25 | 21.8% | 8.1% | ||
| Q4 24 | 22.2% | 13.6% | ||
| Q3 24 | 26.9% | 13.3% | ||
| Q2 24 | 23.4% | 4.2% | ||
| Q1 24 | 18.6% | 6.1% |
| Q4 25 | 8.1% | 5.8% | ||
| Q3 25 | 18.5% | 8.4% | ||
| Q2 25 | 12.5% | 5.2% | ||
| Q1 25 | 10.0% | 5.5% | ||
| Q4 24 | 11.7% | 11.0% | ||
| Q3 24 | 17.8% | 9.6% | ||
| Q2 24 | 12.0% | 2.8% | ||
| Q1 24 | 7.8% | 4.2% |
| Q4 25 | $0.45 | $0.23 | ||
| Q3 25 | $1.27 | $0.33 | ||
| Q2 25 | $0.71 | $0.19 | ||
| Q1 25 | $0.49 | $0.21 | ||
| Q4 24 | $0.70 | $0.40 | ||
| Q3 24 | $1.17 | $0.35 | ||
| Q2 24 | $0.64 | $0.09 | ||
| Q1 24 | $0.36 | $0.14 |
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 | $162.8M |
| Total DebtLower is stronger | $1.9B | $101.4M |
| Stockholders' EquityBook value | $1.5B | $335.9M |
| Total Assets | $5.1B | $834.0M |
| Debt / EquityLower = less leverage | 1.23× | 0.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.7M | $162.8M | ||
| Q3 25 | $11.3M | $169.1M | ||
| Q2 25 | $19.8M | $70.7M | ||
| Q1 25 | $23.7M | $96.0M | ||
| Q4 24 | $11.1M | $172.0M | ||
| Q3 24 | $4.0M | $161.9M | ||
| Q2 24 | $22.8M | $115.5M | ||
| Q1 24 | $4.5M | $116.1M |
| Q4 25 | $1.9B | $101.4M | ||
| Q3 25 | — | $87.1M | ||
| Q2 25 | — | $73.8M | ||
| Q1 25 | — | $94.4M | ||
| Q4 24 | $1.7B | $120.1M | ||
| Q3 24 | — | $125.7M | ||
| Q2 24 | — | $137.3M | ||
| Q1 24 | — | $141.9M |
| Q4 25 | $1.5B | $335.9M | ||
| Q3 25 | $1.5B | $328.1M | ||
| Q2 25 | $1.5B | $306.8M | ||
| Q1 25 | $1.4B | $293.9M | ||
| Q4 24 | $1.4B | $280.0M | ||
| Q3 24 | $1.3B | $260.2M | ||
| Q2 24 | $1.3B | $239.4M | ||
| Q1 24 | $1.2B | $232.6M |
| Q4 25 | $5.1B | $834.0M | ||
| Q3 25 | $5.0B | $826.1M | ||
| Q2 25 | $4.8B | $740.8M | ||
| Q1 25 | $4.7B | $720.4M | ||
| Q4 24 | $4.7B | $753.8M | ||
| Q3 24 | $4.6B | $744.6M | ||
| Q2 24 | $4.4B | $706.0M | ||
| Q1 24 | $4.4B | $702.1M |
| Q4 25 | 1.23× | 0.30× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | 1.26× | 0.43× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.61× |
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 | $3.1M |
| Free Cash FlowOCF − Capex | — | $-19.2M |
| FCF MarginFCF / Revenue | — | -8.7% |
| Capex IntensityCapex / Revenue | — | 10.1% |
| Cash ConversionOCF / Net Profit | 3.92× | 0.24× |
| TTM Free Cash FlowTrailing 4 quarters | — | $16.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.5M | $3.1M | ||
| Q3 25 | $77.3M | $57.1M | ||
| Q2 25 | $60.8M | $18.1M | ||
| Q1 25 | $43.2M | $-789.0K | ||
| Q4 24 | $41.5M | $23.0M | ||
| Q3 24 | $53.5M | $67.5M | ||
| Q2 24 | $49.3M | $10.0M | ||
| Q1 24 | $51.2M | $-2.5M |
| Q4 25 | — | $-19.2M | ||
| Q3 25 | — | $40.6M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $-11.7M | ||
| Q4 24 | — | $19.6M | ||
| Q3 24 | — | $60.0M | ||
| Q2 24 | — | $3.0M | ||
| Q1 24 | — | $-8.4M |
| Q4 25 | — | -8.7% | ||
| Q3 25 | — | 18.3% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | -5.7% | ||
| Q4 24 | — | 9.7% | ||
| Q3 24 | — | 30.6% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | -4.6% |
| Q4 25 | — | 10.1% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | — | 5.5% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | 4.0% | ||
| Q1 24 | — | 3.2% |
| Q4 25 | 3.92× | 0.24× | ||
| Q3 25 | 1.71× | 3.04× | ||
| Q2 25 | 2.47× | 1.69× | ||
| Q1 25 | 2.61× | -0.07× | ||
| Q4 24 | 1.81× | 1.04× | ||
| Q3 24 | 1.39× | 3.58× | ||
| Q2 24 | 2.38× | 2.01× | ||
| Q1 24 | 4.38× | -0.32× |
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% |
UTI
| UTI | $142.8M | 65% |
| Concorde | $78.0M | 35% |
