vs
ARTESIAN RESOURCES CORP（ARTNA）与H2O AMERICA（HTO）财务数据对比。点击上方公司名可切换其他公司
H2O AMERICA的季度营收约是ARTESIAN RESOURCES CORP的7.1倍（$199.4M vs $28.0M）。ARTESIAN RESOURCES CORP净利率更高（14.8% vs 8.1%，领先6.6%）。ARTESIAN RESOURCES CORP同比增速更快（4.3% vs 1.5%）。过去两年H2O AMERICA的营收复合增速更高（15.3% 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。
H2O Wireless是美国的预付费移动通信服务商，依托AT&T网络运营，隶属于MVNO（移动虚拟网络运营商）Locus通信，自2019年起Locus成为Telrite控股的子公司，此前2010年起曾是KDDI美国旗下资产。该品牌主打无限制套餐服务，支持用户自带或购买无锁智能手机入网，AT&T合约机/锁网机也可兼容使用。
ARTNA vs HTO — 直观对比
营收规模更大
HTO
是对方的7.1倍
$28.0M
营收增速更快
ARTNA
高出2.9%
1.5%
净利率更高
ARTNA
高出6.6%
8.1%
两年增速更快
HTO
近两年复合增速
6.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $28.0M | $199.4M |
| 净利润 | $4.1M | $16.2M |
| 毛利率 | — | — |
| 营业利润率 | 20.6% | 16.6% |
| 净利率 | 14.8% | 8.1% |
| 营收同比 | 4.3% | 1.5% |
| 净利润同比 | 7.5% | -29.2% |
| 每股收益（稀释后） | $0.39 | $0.45 |
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ARTNAHTO
| Q4 25 | $28.0M | $199.4M | ||
| Q3 25 | $30.5M | $243.5M | ||
| Q2 25 | $28.5M | $197.8M | ||
| Q1 25 | $25.9M | $164.9M | ||
| Q4 24 | $26.9M | $196.5M | ||
| Q3 24 | $29.1M | $216.7M | ||
| Q2 24 | $27.4M | $173.1M | ||
| Q1 24 | $24.5M | $150.0M |
净利润ARTNAHTO
| Q4 25 | $4.1M | $16.2M | ||
| Q3 25 | $7.0M | $45.1M | ||
| Q2 25 | $6.3M | $24.7M | ||
| Q1 25 | $5.4M | $16.6M | ||
| Q4 24 | $3.8M | $22.9M | ||
| Q3 24 | $6.8M | $38.7M | ||
| Q2 24 | $5.3M | $20.7M | ||
| Q1 24 | $4.4M | $11.7M |
营业利润率ARTNAHTO
| Q4 25 | 20.6% | 16.6% | ||
| Q3 25 | 28.3% | 26.5% | ||
| Q2 25 | 27.5% | 22.2% | ||
| Q1 25 | 21.4% | 21.8% | ||
| Q4 24 | 21.0% | 22.2% | ||
| Q3 24 | 29.5% | 26.9% | ||
| Q2 24 | 26.3% | 23.4% | ||
| Q1 24 | 19.2% | 18.6% |
净利率ARTNAHTO
| Q4 25 | 14.8% | 8.1% | ||
| Q3 25 | 22.8% | 18.5% | ||
| Q2 25 | 22.0% | 12.5% | ||
| Q1 25 | 21.0% | 10.0% | ||
| Q4 24 | 14.3% | 11.7% | ||
| Q3 24 | 23.4% | 17.8% | ||
| Q2 24 | 19.4% | 12.0% | ||
| Q1 24 | 18.0% | 7.8% |
每股收益（稀释后）ARTNAHTO
| Q4 25 | $0.39 | $0.45 | ||
| Q3 25 | $0.68 | $1.27 | ||
| Q2 25 | $0.61 | $0.71 | ||
| Q1 25 | $0.53 | $0.49 | ||
| Q4 24 | $0.37 | $0.70 | ||
| Q3 24 | $0.66 | $1.17 | ||
| Q2 24 | $0.52 | $0.64 | ||
| Q1 24 | $0.43 | $0.36 |
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 | $20.7M |
| 总债务越低越好 | $176.4M | $1.9B |
| 股东权益账面价值 | $249.9M | $1.5B |
| 总资产 | $851.2M | $5.1B |
| 负债/权益比越低杠杆越低 | 0.71× | 1.23× |
8季度趋势，按日历期对齐
现金及短期投资ARTNAHTO
| Q4 25 | $52.0K | $20.7M | ||
| Q3 25 | $705.0K | $11.3M | ||
| Q2 25 | $349.0K | $19.8M | ||
| Q1 25 | $3.7M | $23.7M | ||
| Q4 24 | $1.1M | $11.1M | ||
| Q3 24 | $10.7M | $4.0M | ||
| Q2 24 | $6.3M | $22.8M | ||
| Q1 24 | $9.5M | $4.5M |
总债务ARTNAHTO
| Q4 25 | $176.4M | $1.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $178.7M | $1.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ARTNAHTO
| Q4 25 | $249.9M | $1.5B | ||
| Q3 25 | $248.8M | $1.5B | ||
| Q2 25 | $244.9M | $1.5B | ||
| Q1 25 | $241.7M | $1.4B | ||
| Q4 24 | $239.2M | $1.4B | ||
| Q3 24 | $238.3M | $1.3B | ||
| Q2 24 | $234.4M | $1.3B | ||
| Q1 24 | $232.0M | $1.2B |
总资产ARTNAHTO
| Q4 25 | $851.2M | $5.1B | ||
| Q3 25 | $833.9M | $5.0B | ||
| Q2 25 | $819.3M | $4.8B | ||
| Q1 25 | $808.9M | $4.7B | ||
| Q4 24 | $798.6M | $4.7B | ||
| Q3 24 | $796.0M | $4.6B | ||
| Q2 24 | $783.1M | $4.4B | ||
| Q1 24 | $798.6M | $4.4B |
负债/权益比ARTNAHTO
| Q4 25 | 0.71× | 1.23× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.75× | 1.26× | ||
| 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 | $63.5M |
| 自由现金流经营现金流 - 资本支出 | $-7.9M | — |
| 自由现金流率自由现金流/营收 | -28.1% | — |
| 资本支出强度资本支出/营收 | 65.4% | — |
| 现金转化率经营现金流/净利润 | 2.53× | 3.92× |
| 过去12个月自由现金流最近4个季度 | $-18.5M | — |
8季度趋势，按日历期对齐
经营现金流ARTNAHTO
| Q4 25 | $10.5M | $63.5M | ||
| Q3 25 | $11.0M | $77.3M | ||
| Q2 25 | $7.9M | $60.8M | ||
| Q1 25 | $11.0M | $43.2M | ||
| Q4 24 | $6.7M | $41.5M | ||
| Q3 24 | $10.7M | $53.5M | ||
| Q2 24 | $6.9M | $49.3M | ||
| Q1 24 | $12.6M | $51.2M |
自由现金流ARTNAHTO
| Q4 25 | $-7.9M | — | ||
| Q3 25 | $-3.3M | — | ||
| Q2 25 | $-7.9M | — | ||
| Q1 25 | $560.0K | — | ||
| Q4 24 | $-8.3M | — | ||
| Q3 24 | $-1.9M | — | ||
| Q2 24 | $-2.6M | — | ||
| Q1 24 | $3.7M | — |
自由现金流率ARTNAHTO
| Q4 25 | -28.1% | — | ||
| Q3 25 | -10.7% | — | ||
| Q2 25 | -27.8% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | -30.9% | — | ||
| Q3 24 | -6.5% | — | ||
| Q2 24 | -9.4% | — | ||
| Q1 24 | 15.0% | — |
资本支出强度ARTNAHTO
| Q4 25 | 65.4% | — | ||
| Q3 25 | 46.7% | — | ||
| Q2 25 | 55.6% | — | ||
| Q1 25 | 40.2% | — | ||
| Q4 24 | 55.9% | — | ||
| Q3 24 | 43.1% | — | ||
| Q2 24 | 34.5% | — | ||
| Q1 24 | 36.4% | — |
现金转化率ARTNAHTO
| Q4 25 | 2.53× | 3.92× | ||
| Q3 25 | 1.58× | 1.71× | ||
| Q2 25 | 1.26× | 2.47× | ||
| Q1 25 | 2.02× | 2.61× | ||
| Q4 24 | 1.74× | 1.81× | ||
| Q3 24 | 1.56× | 1.39× | ||
| Q2 24 | 1.29× | 2.38× | ||
| Q1 24 | 2.86× | 4.38× |
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% |
HTO
暂无分部数据
