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ARTESIAN RESOURCES CORP（ARTNA）与AMERICAN STATES WATER CO（AWR）财务数据对比。点击上方公司名可切换其他公司
AMERICAN STATES WATER CO的季度营收约是ARTESIAN RESOURCES CORP的5.9倍（$164.3M vs $28.0M）。AMERICAN STATES WATER CO净利率更高（17.5% vs 14.8%，领先2.7%）。AMERICAN STATES WATER CO同比增速更快（14.8% vs 4.3%）。ARTESIAN RESOURCES CORP自由现金流更多（$-7.9M vs $-36.0M）。过去两年AMERICAN STATES WATER CO的营收复合增速更高（10.2% vs 6.8%）
Artesian Resources Corp是一家总部位于美国的受监管水务公用事业企业，主要在特拉华州开展业务，为住宅、商业、工业及市政客户提供安全可靠的饮用水供应与可持续的污水处理服务。
美国州水公司是美国的上市公用事业企业，通过旗下子公司在全美范围内提供自来水供应及污水处理相关服务，服务覆盖居民、商业及公共机构等多元客户群体，是当地水务服务领域的重要参与企业。
ARTNA vs AWR — 直观对比
营收规模更大
AWR
是对方的5.9倍
$28.0M
营收增速更快
AWR
高出10.5%
4.3%
净利率更高
AWR
高出2.7%
14.8%
自由现金流更多
ARTNA
多$28.1M
$-36.0M
两年增速更快
AWR
近两年复合增速
6.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $28.0M | $164.3M |
| 净利润 | $4.1M | $28.7M |
| 毛利率 | — | 88.9% |
| 营业利润率 | 20.6% | 27.4% |
| 净利率 | 14.8% | 17.5% |
| 营收同比 | 4.3% | 14.8% |
| 净利润同比 | 7.5% | 1.1% |
| 每股收益（稀释后） | $0.39 | $0.74 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ARTNAAWR
| Q4 25 | $28.0M | $164.3M | ||
| Q3 25 | $30.5M | $182.7M | ||
| Q2 25 | $28.5M | $163.1M | ||
| Q1 25 | $25.9M | $148.0M | ||
| Q4 24 | $26.9M | $143.1M | ||
| Q3 24 | $29.1M | $161.8M | ||
| Q2 24 | $27.4M | $155.3M | ||
| Q1 24 | $24.5M | $135.3M |
净利润ARTNAAWR
| Q4 25 | $4.1M | $28.7M | ||
| Q3 25 | $7.0M | $41.2M | ||
| Q2 25 | $6.3M | $33.7M | ||
| Q1 25 | $5.4M | $26.8M | ||
| Q4 24 | $3.8M | $28.4M | ||
| Q3 24 | $6.8M | $35.8M | ||
| Q2 24 | $5.3M | $31.9M | ||
| Q1 24 | $4.4M | $23.1M |
毛利率ARTNAAWR
| Q4 25 | — | 88.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 92.1% | ||
| Q1 25 | — | 91.3% | ||
| Q4 24 | — | 92.4% | ||
| Q3 24 | — | 92.7% | ||
| Q2 24 | — | 89.6% | ||
| Q1 24 | — | 88.4% |
营业利润率ARTNAAWR
| Q4 25 | 20.6% | 27.4% | ||
| Q3 25 | 28.3% | 33.8% | ||
| Q2 25 | 27.5% | 31.3% | ||
| Q1 25 | 21.4% | 30.8% | ||
| Q4 24 | 21.0% | 27.0% | ||
| Q3 24 | 29.5% | 34.0% | ||
| Q2 24 | 26.3% | 33.3% | ||
| Q1 24 | 19.2% | 28.8% |
净利率ARTNAAWR
| Q4 25 | 14.8% | 17.5% | ||
| Q3 25 | 22.8% | 22.5% | ||
| Q2 25 | 22.0% | 20.7% | ||
| Q1 25 | 21.0% | 18.1% | ||
| Q4 24 | 14.3% | 19.9% | ||
| Q3 24 | 23.4% | 22.1% | ||
| Q2 24 | 19.4% | 20.5% | ||
| Q1 24 | 18.0% | 17.1% |
每股收益（稀释后）ARTNAAWR
| Q4 25 | $0.39 | $0.74 | ||
| Q3 25 | $0.68 | $1.06 | ||
| Q2 25 | $0.61 | $0.87 | ||
| Q1 25 | $0.53 | $0.70 | ||
| Q4 24 | $0.37 | $0.75 | ||
| Q3 24 | $0.66 | $0.95 | ||
| Q2 24 | $0.52 | $0.85 | ||
| Q1 24 | $0.43 | $0.62 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $52.0K | $18.8M |
| 总债务越低越好 | $176.4M | $782.7M |
| 股东权益账面价值 | $249.9M | $1.0B |
| 总资产 | $851.2M | $2.7B |
| 负债/权益比越低杠杆越低 | 0.71× | 0.75× |
8季度趋势，按日历期对齐
现金及短期投资ARTNAAWR
| Q4 25 | $52.0K | $18.8M | ||
| Q3 25 | $705.0K | $26.1M | ||
| Q2 25 | $349.0K | $20.2M | ||
| Q1 25 | $3.7M | $21.2M | ||
| Q4 24 | $1.1M | $26.7M | ||
| Q3 24 | $10.7M | $16.5M | ||
| Q2 24 | $6.3M | $3.6M | ||
| Q1 24 | $9.5M | $17.0M |
总债务ARTNAAWR
| Q4 25 | $176.4M | $782.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $178.7M | $640.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ARTNAAWR
| Q4 25 | $249.9M | $1.0B | ||
| Q3 25 | $248.8M | $1.0B | ||
| Q2 25 | $244.9M | $972.5M | ||
| Q1 25 | $241.7M | $956.4M | ||
| Q4 24 | $239.2M | $920.1M | ||
| Q3 24 | $238.3M | $879.5M | ||
| Q2 24 | $234.4M | $833.5M | ||
| Q1 24 | $232.0M | $800.5M |
总资产ARTNAAWR
| Q4 25 | $851.2M | $2.7B | ||
| Q3 25 | $833.9M | $2.7B | ||
| Q2 25 | $819.3M | $2.6B | ||
| Q1 25 | $808.9M | $2.5B | ||
| Q4 24 | $798.6M | $2.5B | ||
| Q3 24 | $796.0M | $2.4B | ||
| Q2 24 | $783.1M | $2.3B | ||
| Q1 24 | $798.6M | $2.3B |
负债/权益比ARTNAAWR
| Q4 25 | 0.71× | 0.75× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.75× | 0.70× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $10.5M | $27.7M |
| 自由现金流经营现金流 - 资本支出 | $-7.9M | $-36.0M |
| 自由现金流率自由现金流/营收 | -28.1% | -21.9% |
| 资本支出强度资本支出/营收 | 65.4% | 38.8% |
| 现金转化率经营现金流/净利润 | 2.53× | 0.96× |
| 过去12个月自由现金流最近4个季度 | $-18.5M | $-7.1M |
8季度趋势，按日历期对齐
经营现金流ARTNAAWR
| Q4 25 | $10.5M | $27.7M | ||
| Q3 25 | $11.0M | $92.4M | ||
| Q2 25 | $7.9M | $64.6M | ||
| Q1 25 | $11.0M | $45.1M | ||
| Q4 24 | $6.7M | $64.5M | ||
| Q3 24 | $10.7M | $63.7M | ||
| Q2 24 | $6.9M | $24.7M | ||
| Q1 24 | $12.6M | $45.8M |
自由现金流ARTNAAWR
| Q4 25 | $-7.9M | $-36.0M | ||
| Q3 25 | $-3.3M | $37.7M | ||
| Q2 25 | $-7.9M | $13.7M | ||
| Q1 25 | $560.0K | $-22.5M | ||
| Q4 24 | $-8.3M | $6.0M | ||
| Q3 24 | $-1.9M | $-478.0K | ||
| Q2 24 | $-2.6M | $-37.0M | ||
| Q1 24 | $3.7M | $-1.7M |
自由现金流率ARTNAAWR
| Q4 25 | -28.1% | -21.9% | ||
| Q3 25 | -10.7% | 20.7% | ||
| Q2 25 | -27.8% | 8.4% | ||
| Q1 25 | 2.2% | -15.2% | ||
| Q4 24 | -30.9% | 4.2% | ||
| Q3 24 | -6.5% | -0.3% | ||
| Q2 24 | -9.4% | -23.8% | ||
| Q1 24 | 15.0% | -1.3% |
资本支出强度ARTNAAWR
| Q4 25 | 65.4% | 38.8% | ||
| Q3 25 | 46.7% | 29.9% | ||
| Q2 25 | 55.6% | 31.2% | ||
| Q1 25 | 40.2% | 45.6% | ||
| Q4 24 | 55.9% | 40.9% | ||
| Q3 24 | 43.1% | 39.7% | ||
| Q2 24 | 34.5% | 39.8% | ||
| Q1 24 | 36.4% | 35.2% |
现金转化率ARTNAAWR
| Q4 25 | 2.53× | 0.96× | ||
| Q3 25 | 1.58× | 2.24× | ||
| Q2 25 | 1.26× | 1.92× | ||
| Q1 25 | 2.02× | 1.68× | ||
| Q4 24 | 1.74× | 2.27× | ||
| Q3 24 | 1.56× | 1.78× | ||
| Q2 24 | 1.29× | 0.78× | ||
| Q1 24 | 2.86× | 1.98× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ARTNA
| Water Sales | $22.3M | 80% |
| Other Utility Operating Revenue | $3.8M | 14% |
| Non Utility Operating Revenue | $1.9M | 7% |
AWR
| Water Service Utility Operations | $110.0M | 67% |
| Public Utilities Inventory Water | $22.3M | 14% |
| Wastewater | $15.9M | 10% |
| Electric Service Utility Operations | $15.2M | 9% |
