vs
Side-by-side financial comparison of H2O AMERICA (HTO) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $199.4M, roughly 1.7× H2O AMERICA). H2O AMERICA runs the higher net margin — 8.1% vs -18.0%, a 26.1% gap on every dollar of revenue. On growth, H2O AMERICA posted the faster year-over-year revenue change (1.5% vs -76.3%). Over the past eight quarters, H2O AMERICA's revenue compounded faster (15.3% CAGR vs -4.6%).
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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
HTO vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $334.0M |
| Net Profit | $16.2M | $-60.0M |
| Gross Margin | — | — |
| Operating Margin | 16.6% | — |
| Net Margin | 8.1% | -18.0% |
| Revenue YoY | 1.5% | -76.3% |
| Net Profit YoY | -29.2% | -170.6% |
| EPS (diluted) | $0.45 | $-0.80 |
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 | — | $334.0M | ||
| Q4 25 | $199.4M | $334.0M | ||
| Q3 25 | $243.5M | $382.0M | ||
| Q2 25 | $197.8M | $397.0M | ||
| Q1 25 | $164.9M | $316.0M | ||
| Q4 24 | $196.5M | $336.0M | ||
| Q3 24 | $216.7M | $396.0M | ||
| Q2 24 | $173.1M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $16.2M | $-60.0M | ||
| Q3 25 | $45.1M | $105.0M | ||
| Q2 25 | $24.7M | $87.0M | ||
| Q1 25 | $16.6M | $61.0M | ||
| Q4 24 | $22.9M | $85.0M | ||
| Q3 24 | $38.7M | $102.0M | ||
| Q2 24 | $20.7M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | 16.6% | -11.4% | ||
| Q3 25 | 26.5% | 46.6% | ||
| Q2 25 | 22.2% | 37.8% | ||
| Q1 25 | 21.8% | 35.4% | ||
| Q4 24 | 22.2% | 38.4% | ||
| Q3 24 | 26.9% | 43.2% | ||
| Q2 24 | 23.4% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | 8.1% | -18.0% | ||
| Q3 25 | 18.5% | 27.5% | ||
| Q2 25 | 12.5% | 21.9% | ||
| Q1 25 | 10.0% | 19.3% | ||
| Q4 24 | 11.7% | 25.3% | ||
| Q3 24 | 17.8% | 25.8% | ||
| Q2 24 | 12.0% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $0.45 | $-0.77 | ||
| Q3 25 | $1.27 | $1.36 | ||
| Q2 25 | $0.71 | $1.13 | ||
| Q1 25 | $0.49 | $0.78 | ||
| Q4 24 | $0.70 | $1.06 | ||
| Q3 24 | $1.17 | $1.29 | ||
| Q2 24 | $0.64 | $1.07 |
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 | $64.0M |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.5B | $468.0M |
| Total Assets | $5.1B | $4.2B |
| Debt / EquityLower = less leverage | 1.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $20.7M | $64.0M | ||
| Q3 25 | $11.3M | $70.0M | ||
| Q2 25 | $19.8M | $50.0M | ||
| Q1 25 | $23.7M | $48.0M | ||
| Q4 24 | $11.1M | $103.0M | ||
| Q3 24 | $4.0M | $72.0M | ||
| Q2 24 | $22.8M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | $1.7B | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $1.5B | $468.0M | ||
| Q3 25 | $1.5B | $583.0M | ||
| Q2 25 | $1.5B | $570.0M | ||
| Q1 25 | $1.4B | $579.0M | ||
| Q4 24 | $1.4B | $650.0M | ||
| Q3 24 | $1.3B | $583.0M | ||
| Q2 24 | $1.3B | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $5.1B | $4.2B | ||
| Q3 25 | $5.0B | $4.3B | ||
| Q2 25 | $4.8B | $4.3B | ||
| Q1 25 | $4.7B | $4.2B | ||
| Q4 24 | $4.7B | $4.2B | ||
| Q3 24 | $4.6B | $4.2B | ||
| Q2 24 | $4.4B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | 1.26× | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | — | $168.0M |
| FCF MarginFCF / Revenue | — | 50.3% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.92× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $63.5M | $152.0M | ||
| Q3 25 | $77.3M | $86.0M | ||
| Q2 25 | $60.8M | $70.0M | ||
| Q1 25 | $43.2M | $59.0M | ||
| Q4 24 | $41.5M | $134.0M | ||
| Q3 24 | $53.5M | $79.0M | ||
| Q2 24 | $49.3M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | — | $136.0M | ||
| Q3 25 | — | $75.0M | ||
| Q2 25 | — | $58.0M | ||
| Q1 25 | — | $52.0M | ||
| Q4 24 | — | $109.0M | ||
| Q3 24 | — | $71.0M | ||
| Q2 24 | — | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | — | 40.7% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 14.6% | ||
| Q1 25 | — | 16.5% | ||
| Q4 24 | — | 32.4% | ||
| Q3 24 | — | 17.9% | ||
| Q2 24 | — | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 3.92× | — | ||
| Q3 25 | 1.71× | 0.82× | ||
| Q2 25 | 2.47× | 0.80× | ||
| Q1 25 | 2.61× | 0.97× | ||
| Q4 24 | 1.81× | 1.58× | ||
| Q3 24 | 1.39× | 0.77× | ||
| Q2 24 | 2.38× | 0.01× |
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% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
