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Side-by-side financial comparison of Sunlands Technology Group (STG) and YORK WATER CO (YORW). Click either name above to swap in a different company.

YORK WATER CO is the larger business by last-quarter revenue ($19.4M vs $10.1M, roughly 1.9× Sunlands Technology Group). YORK WATER CO runs the higher net margin — 26.7% vs 24.0%, a 2.7% gap on every dollar of revenue. Over the past eight quarters, YORK WATER CO's revenue compounded faster (5.1% CAGR vs 0.6%).

STG Partners, LLC (STG) is an American private equity firm and based in Menlo Park, California. Its predecessor, Symphony Technology Group ("Symphony") was founded in 2002 by Romesh Wadhwani, William Chisholm, and Bryan Taylor. In 2017, Symphony was reorganized as STG Partners. As of March 2025, STG Partners managed approximately $12 billion in 19 pooled investment vehicle for its clients. The firm itself has less than one billion dollars in assets.

The York Water Company is an investor-owned, public utility company based in York, Pennsylvania and operating throughout Pennsylvania. The company was founded in 1816 by a group of local businessmen concerned about fire protection.

STG vs YORW — Head-to-Head

Bigger by revenue
YORW
YORW
1.9× larger
YORW
$19.4M
$10.1M
STG
Higher net margin
YORW
YORW
2.7% more per $
YORW
26.7%
24.0%
STG
Faster 2-yr revenue CAGR
YORW
YORW
Annualised
YORW
5.1%
0.6%
STG

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
STG
STG
YORW
YORW
Revenue
$10.1M
$19.4M
Net Profit
$2.4M
$5.2M
Gross Margin
88.5%
Operating Margin
26.5%
33.2%
Net Margin
24.0%
26.7%
Revenue YoY
3.2%
Net Profit YoY
0.5%
EPS (diluted)
$0.36

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.

Revenue
STG
STG
YORW
YORW
Q4 25
$19.4M
Q3 25
$10.1M
$20.2M
Q2 25
$9.3M
$19.1M
Q1 25
$18.3M
Q4 24
$9.7M
$18.8M
Q3 24
$19.6M
Q2 24
$10.0M
$18.6M
Q1 24
$17.5M
Net Profit
STG
STG
YORW
YORW
Q4 25
$5.2M
Q3 25
$2.4M
$6.2M
Q2 25
$1.4M
$5.1M
Q1 25
$3.6M
Q4 24
$1.8M
$5.1M
Q3 24
$5.9M
Q2 24
$2.2M
$5.0M
Q1 24
$4.3M
Gross Margin
STG
STG
YORW
YORW
Q4 25
Q3 25
88.5%
Q2 25
85.2%
Q1 25
Q4 24
83.3%
Q3 24
Q2 24
85.2%
Q1 24
Operating Margin
STG
STG
YORW
YORW
Q4 25
33.2%
Q3 25
26.5%
39.1%
Q2 25
15.2%
37.1%
Q1 25
34.3%
Q4 24
13.4%
35.8%
Q3 24
41.1%
Q2 24
37.9%
Q1 24
35.5%
Net Margin
STG
STG
YORW
YORW
Q4 25
26.7%
Q3 25
24.0%
30.6%
Q2 25
15.4%
26.5%
Q1 25
19.8%
Q4 24
18.2%
27.4%
Q3 24
29.9%
Q2 24
21.5%
26.8%
Q1 24
24.7%
EPS (diluted)
STG
STG
YORW
YORW
Q4 25
$0.36
Q3 25
$0.43
Q2 25
$0.35
Q1 25
$0.25
Q4 24
$0.36
Q3 24
$0.41
Q2 24
$0.31
$0.35
Q1 24
$0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
STG
STG
YORW
YORW
Cash + ST InvestmentsLiquidity on hand
$15.1M
$1.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$17.7M
$240.3M
Total Assets
$41.2M
$680.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STG
STG
YORW
YORW
Q4 25
$1.0K
Q3 25
$15.1M
$1.0K
Q2 25
$1.0K
Q1 25
$1.0K
Q4 24
$15.6M
$1.0K
Q3 24
$1.0K
Q2 24
$18.7M
$1.0K
Q1 24
$3.3M
Total Debt
STG
STG
YORW
YORW
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$1.5M
Q3 24
Q2 24
$1.8M
Q1 24
Stockholders' Equity
STG
STG
YORW
YORW
Q4 25
$240.3M
Q3 25
$17.7M
$238.0M
Q2 25
$12.6M
$234.6M
Q1 25
$232.1M
Q4 24
$10.7M
$231.2M
Q3 24
$228.7M
Q2 24
$7.6M
$225.4M
Q1 24
$222.9M
Total Assets
STG
STG
YORW
YORW
Q4 25
$680.9M
Q3 25
$41.2M
$667.1M
Q2 25
$40.3M
$653.7M
Q1 25
$641.8M
Q4 24
$42.4M
$633.5M
Q3 24
$621.4M
Q2 24
$41.3M
$610.4M
Q1 24
$602.3M
Debt / Equity
STG
STG
YORW
YORW
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.14×
Q3 24
Q2 24
0.24×
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
STG
STG
YORW
YORW
Operating Cash FlowLast quarter
$8.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STG
STG
YORW
YORW
Q4 25
$8.4M
Q3 25
$7.8M
Q2 25
$7.6M
Q1 25
$6.0M
Q4 24
$10.2M
Q3 24
$7.5M
Q2 24
$6.7M
Q1 24
$6.1M
Cash Conversion
STG
STG
YORW
YORW
Q4 25
1.63×
Q3 25
1.26×
Q2 25
1.50×
Q1 25
1.65×
Q4 24
1.98×
Q3 24
1.29×
Q2 24
1.34×
Q1 24
1.42×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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