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AMERICAN STATES WATER CO（AWR）与加拿大自然资源有限公司（GWRS）财务数据对比。点击上方公司名可切换其他公司
AMERICAN STATES WATER CO的季度营收约是加拿大自然资源有限公司的12.1倍（$164.3M vs $13.5M）。AMERICAN STATES WATER CO净利率更高（17.5% vs -7.1%，领先24.6%）。AMERICAN STATES WATER CO同比增速更快（14.8% vs 2.2%）。加拿大自然资源有限公司自由现金流更多（$-15.0M vs $-36.0M）。过去两年AMERICAN STATES WATER CO的营收复合增速更高（10.2% vs 8.0%）
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。
加拿大自然资源有限公司（简称CNRL）是加拿大顶级油气公司，业务主要分布在不列颠哥伦比亚省、阿尔伯塔省、萨斯喀彻温省、曼尼托巴省等加拿大西部省份，同时在北海英国海域、科特迪瓦及加蓬海域拥有海上作业项目，总部设于阿尔伯塔省卡尔加里。
AWR vs GWRS — 直观对比
营收规模更大
AWR
是对方的12.1倍
$13.5M
营收增速更快
AWR
高出12.6%
2.2%
净利率更高
AWR
高出24.6%
-7.1%
自由现金流更多
GWRS
多$21.0M
$-36.0M
两年增速更快
AWR
近两年复合增速
8.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $164.3M | $13.5M |
| 净利润 | $28.7M | $-963.0K |
| 毛利率 | 88.9% | — |
| 营业利润率 | 27.4% | 2.7% |
| 净利率 | 17.5% | -7.1% |
| 营收同比 | 14.8% | 2.2% |
| 净利润同比 | 1.1% | -317.4% |
| 每股收益（稀释后） | $0.74 | $-0.03 |
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AWRGWRS
| Q4 25 | $164.3M | $13.5M | ||
| Q3 25 | $182.7M | $15.5M | ||
| Q2 25 | $163.1M | $14.2M | ||
| Q1 25 | $148.0M | $12.5M | ||
| Q4 24 | $143.1M | $13.3M | ||
| Q3 24 | $161.8M | $14.3M | ||
| Q2 24 | $155.3M | $13.5M | ||
| Q1 24 | $135.3M | $11.6M |
净利润AWRGWRS
| Q4 25 | $28.7M | $-963.0K | ||
| Q3 25 | $41.2M | $1.7M | ||
| Q2 25 | $33.7M | $1.6M | ||
| Q1 25 | $26.8M | $591.0K | ||
| Q4 24 | $28.4M | $443.0K | ||
| Q3 24 | $35.8M | $2.9M | ||
| Q2 24 | $31.9M | $1.7M | ||
| Q1 24 | $23.1M | $691.0K |
毛利率AWRGWRS
| 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AWRGWRS
| Q4 25 | 27.4% | 2.7% | ||
| Q3 25 | 33.8% | 18.8% | ||
| Q2 25 | 31.3% | 18.4% | ||
| Q1 25 | 30.8% | 10.1% | ||
| Q4 24 | 27.0% | 9.9% | ||
| Q3 24 | 34.0% | 27.8% | ||
| Q2 24 | 33.3% | 20.7% | ||
| Q1 24 | 28.8% | 10.9% |
净利率AWRGWRS
| Q4 25 | 17.5% | -7.1% | ||
| Q3 25 | 22.5% | 11.1% | ||
| Q2 25 | 20.7% | 11.3% | ||
| Q1 25 | 18.1% | 4.7% | ||
| Q4 24 | 19.9% | 3.3% | ||
| Q3 24 | 22.1% | 20.4% | ||
| Q2 24 | 20.5% | 12.8% | ||
| Q1 24 | 17.1% | 6.0% |
每股收益（稀释后）AWRGWRS
| Q4 25 | $0.74 | $-0.03 | ||
| Q3 25 | $1.06 | $0.06 | ||
| Q2 25 | $0.87 | $0.06 | ||
| Q1 25 | $0.70 | $0.02 | ||
| Q4 24 | $0.75 | $0.02 | ||
| Q3 24 | $0.95 | $0.12 | ||
| Q2 24 | $0.85 | $0.07 | ||
| Q1 24 | $0.62 | $0.03 |
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 | $18.8M | $4.1M |
| 总债务越低越好 | $782.7M | $133.7M |
| 股东权益账面价值 | $1.0B | $86.6M |
| 总资产 | $2.7B | $482.9M |
| 负债/权益比越低杠杆越低 | 0.75× | 1.54× |
8季度趋势，按日历期对齐
现金及短期投资AWRGWRS
| Q4 25 | $18.8M | $4.1M | ||
| Q3 25 | $26.1M | $15.3M | ||
| Q2 25 | $20.2M | $10.2M | ||
| Q1 25 | $21.2M | $31.5M | ||
| Q4 24 | $26.7M | $9.0M | ||
| Q3 24 | $16.5M | $18.1M | ||
| Q2 24 | $3.6M | $18.1M | ||
| Q1 24 | $17.0M | $20.7M |
总债务AWRGWRS
| Q4 25 | $782.7M | $133.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $640.4M | $118.5M | ||
| Q3 24 | — | $120.4M | ||
| Q2 24 | — | $119.1M | ||
| Q1 24 | — | $121.0M |
股东权益AWRGWRS
| Q4 25 | $1.0B | $86.6M | ||
| Q3 25 | $1.0B | $89.6M | ||
| Q2 25 | $972.5M | $76.7M | ||
| Q1 25 | $956.4M | $77.2M | ||
| Q4 24 | $920.1M | $47.6M | ||
| Q3 24 | $879.5M | $48.8M | ||
| Q2 24 | $833.5M | $47.6M | ||
| Q1 24 | $800.5M | $47.7M |
总资产AWRGWRS
| Q4 25 | $2.7B | $482.9M | ||
| Q3 25 | $2.7B | $480.7M | ||
| Q2 25 | $2.6B | $449.4M | ||
| Q1 25 | $2.5B | $443.9M | ||
| Q4 24 | $2.5B | $405.1M | ||
| Q3 24 | $2.4B | $402.9M | ||
| Q2 24 | $2.3B | $384.5M | ||
| Q1 24 | $2.3B | $381.7M |
负债/权益比AWRGWRS
| Q4 25 | 0.75× | 1.54× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.70× | 2.49× | ||
| Q3 24 | — | 2.47× | ||
| Q2 24 | — | 2.50× | ||
| Q1 24 | — | 2.54× |
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 | $27.7M | $2.7M |
| 自由现金流经营现金流 - 资本支出 | $-36.0M | $-15.0M |
| 自由现金流率自由现金流/营收 | -21.9% | -110.8% |
| 资本支出强度资本支出/营收 | 38.8% | 130.7% |
| 现金转化率经营现金流/净利润 | 0.96× | — |
| 过去12个月自由现金流最近4个季度 | $-7.1M | $-47.2M |
8季度趋势，按日历期对齐
经营现金流AWRGWRS
| Q4 25 | $27.7M | $2.7M | ||
| Q3 25 | $92.4M | $8.6M | ||
| Q2 25 | $64.6M | $1.4M | ||
| Q1 25 | $45.1M | $7.5M | ||
| Q4 24 | $64.5M | $6.0M | ||
| Q3 24 | $63.7M | $2.2M | ||
| Q2 24 | $24.7M | $5.5M | ||
| Q1 24 | $45.8M | $8.1M |
自由现金流AWRGWRS
| Q4 25 | $-36.0M | $-15.0M | ||
| Q3 25 | $37.7M | $-5.6M | ||
| Q2 25 | $13.7M | $-18.8M | ||
| Q1 25 | $-22.5M | $-7.7M | ||
| Q4 24 | $6.0M | $-7.2M | ||
| Q3 24 | $-478.0K | $-4.7M | ||
| Q2 24 | $-37.0M | $-943.0K | ||
| Q1 24 | $-1.7M | $2.3M |
自由现金流率AWRGWRS
| Q4 25 | -21.9% | -110.8% | ||
| Q3 25 | 20.7% | -36.0% | ||
| Q2 25 | 8.4% | -132.2% | ||
| Q1 25 | -15.2% | -62.1% | ||
| Q4 24 | 4.2% | -54.1% | ||
| Q3 24 | -0.3% | -33.1% | ||
| Q2 24 | -23.8% | -7.0% | ||
| Q1 24 | -1.3% | 19.9% |
资本支出强度AWRGWRS
| Q4 25 | 38.8% | 130.7% | ||
| Q3 25 | 29.9% | 91.7% | ||
| Q2 25 | 31.2% | 141.7% | ||
| Q1 25 | 45.6% | 122.1% | ||
| Q4 24 | 40.9% | 99.3% | ||
| Q3 24 | 39.7% | 48.6% | ||
| Q2 24 | 39.8% | 47.7% | ||
| Q1 24 | 35.2% | 49.6% |
现金转化率AWRGWRS
| Q4 25 | 0.96× | — | ||
| Q3 25 | 2.24× | 5.04× | ||
| Q2 25 | 1.92× | 0.84× | ||
| Q1 25 | 1.68× | 12.65× | ||
| Q4 24 | 2.27× | 13.52× | ||
| Q3 24 | 1.78× | 0.76× | ||
| Q2 24 | 0.78× | 3.18× | ||
| Q1 24 | 1.98× | 11.68× |
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
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% |
GWRS
暂无分部数据
