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AMERICAN STATES WATER CO（AWR）与Liberty Broadband Corp（LBRDA）财务数据对比。点击上方公司名可切换其他公司
Liberty Broadband Corp的季度营收约是AMERICAN STATES WATER CO的1.6倍（$261.0M vs $164.3M），Liberty Broadband Corp净利率更高（146.7% vs 17.5%，领先129.2%），AMERICAN STATES WATER CO同比增速更快（14.8% vs 6.1%），Liberty Broadband Corp自由现金流更多（$37.0M vs $-36.0M），过去两年AMERICAN STATES WATER CO的营收复合增速更高（10.2% vs 4.3%）
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。
本公司是一家覆盖英、荷、美三地的跨国电信企业，注册地为百慕大，在伦敦、阿姆斯特丹、丹佛设有总部，旗下拥有多家对应司法辖区的运营主体，其中英国主体为公开上市实体，2005年由自由媒体国际业务板块与UnitedGlobalCom合并成立。
AWR vs LBRDA — 直观对比
营收规模更大
LBRDA
是对方的1.6倍
$164.3M
营收增速更快
AWR
高出8.7%
6.1%
净利率更高
LBRDA
高出129.2%
17.5%
自由现金流更多
LBRDA
多$73.0M
$-36.0M
两年增速更快
AWR
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $164.3M | $261.0M |
| 净利润 | $28.7M | $383.0M |
| 毛利率 | 88.9% | — |
| 营业利润率 | 27.4% | 15.7% |
| 净利率 | 17.5% | 146.7% |
| 营收同比 | 14.8% | 6.1% |
| 净利润同比 | 1.1% | 96.4% |
| 每股收益（稀释后） | $0.74 | $2.68 |
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AWRLBRDA
| Q4 25 | $164.3M | — | ||
| Q3 25 | $182.7M | — | ||
| Q2 25 | $163.1M | $261.0M | ||
| Q1 25 | $148.0M | $266.0M | ||
| Q4 24 | $143.1M | $263.0M | ||
| Q3 24 | $161.8M | $262.0M | ||
| Q2 24 | $155.3M | $246.0M | ||
| Q1 24 | $135.3M | $245.0M |
净利润AWRLBRDA
| Q4 25 | $28.7M | — | ||
| Q3 25 | $41.2M | — | ||
| Q2 25 | $33.7M | $383.0M | ||
| Q1 25 | $26.8M | $268.0M | ||
| Q4 24 | $28.4M | $291.0M | ||
| Q3 24 | $35.8M | $142.0M | ||
| Q2 24 | $31.9M | $195.0M | ||
| Q1 24 | $23.1M | $241.0M |
毛利率AWRLBRDA
| 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AWRLBRDA
| Q4 25 | 27.4% | — | ||
| Q3 25 | 33.8% | — | ||
| Q2 25 | 31.3% | 15.7% | ||
| Q1 25 | 30.8% | 16.2% | ||
| Q4 24 | 27.0% | 4.9% | ||
| Q3 24 | 34.0% | 11.5% | ||
| Q2 24 | 33.3% | 8.5% | ||
| Q1 24 | 28.8% | 11.4% |
净利率AWRLBRDA
| Q4 25 | 17.5% | — | ||
| Q3 25 | 22.5% | — | ||
| Q2 25 | 20.7% | 146.7% | ||
| Q1 25 | 18.1% | 100.8% | ||
| Q4 24 | 19.9% | 110.6% | ||
| Q3 24 | 22.1% | 54.2% | ||
| Q2 24 | 20.5% | 79.3% | ||
| Q1 24 | 17.1% | 98.4% |
每股收益（稀释后）AWRLBRDA
| Q4 25 | $0.74 | — | ||
| Q3 25 | $1.06 | — | ||
| Q2 25 | $0.87 | $2.68 | ||
| Q1 25 | $0.70 | $1.87 | ||
| Q4 24 | $0.75 | $2.04 | ||
| Q3 24 | $0.95 | $0.99 | ||
| Q2 24 | $0.85 | $1.36 | ||
| Q1 24 | $0.62 | $1.69 |
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 | $180.0M |
| 总债务越低越好 | $782.7M | $3.1B |
| 股东权益账面价值 | $1.0B | $10.4B |
| 总资产 | $2.7B | $16.6B |
| 负债/权益比越低杠杆越低 | 0.75× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资AWRLBRDA
| Q4 25 | $18.8M | — | ||
| Q3 25 | $26.1M | — | ||
| Q2 25 | $20.2M | $180.0M | ||
| Q1 25 | $21.2M | $226.0M | ||
| Q4 24 | $26.7M | $163.0M | ||
| Q3 24 | $16.5M | $168.0M | ||
| Q2 24 | $3.6M | $73.0M | ||
| Q1 24 | $17.0M | $108.0M |
总债务AWRLBRDA
| Q4 25 | $782.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | $640.4M | $3.8B | ||
| Q3 24 | — | $3.7B | ||
| Q2 24 | — | $3.6B | ||
| Q1 24 | — | $3.6B |
股东权益AWRLBRDA
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $972.5M | $10.4B | ||
| Q1 25 | $956.4M | $10.1B | ||
| Q4 24 | $920.1M | $9.8B | ||
| Q3 24 | $879.5M | $9.5B | ||
| Q2 24 | $833.5M | $9.3B | ||
| Q1 24 | $800.5M | $9.1B |
总资产AWRLBRDA
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.6B | $16.6B | ||
| Q1 25 | $2.5B | $17.0B | ||
| Q4 24 | $2.5B | $16.7B | ||
| Q3 24 | $2.4B | $16.3B | ||
| Q2 24 | $2.3B | $16.0B | ||
| Q1 24 | $2.3B | $15.7B |
负债/权益比AWRLBRDA
| Q4 25 | 0.75× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.30× | ||
| Q1 25 | — | 0.38× | ||
| Q4 24 | 0.70× | 0.38× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.39× | ||
| Q1 24 | — | 0.40× |
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 | $91.0M |
| 自由现金流经营现金流 - 资本支出 | $-36.0M | $37.0M |
| 自由现金流率自由现金流/营收 | -21.9% | 14.2% |
| 资本支出强度资本支出/营收 | 38.8% | 20.7% |
| 现金转化率经营现金流/净利润 | 0.96× | 0.24× |
| 过去12个月自由现金流最近4个季度 | $-7.1M | $-49.0M |
8季度趋势，按日历期对齐
经营现金流AWRLBRDA
| Q4 25 | $27.7M | — | ||
| Q3 25 | $92.4M | — | ||
| Q2 25 | $64.6M | $91.0M | ||
| Q1 25 | $45.1M | $78.0M | ||
| Q4 24 | $64.5M | $1.0M | ||
| Q3 24 | $63.7M | $24.0M | ||
| Q2 24 | $24.7M | $27.0M | ||
| Q1 24 | $45.8M | $52.0M |
自由现金流AWRLBRDA
| Q4 25 | $-36.0M | — | ||
| Q3 25 | $37.7M | — | ||
| Q2 25 | $13.7M | $37.0M | ||
| Q1 25 | $-22.5M | $13.0M | ||
| Q4 24 | $6.0M | $-63.0M | ||
| Q3 24 | $-478.0K | $-36.0M | ||
| Q2 24 | $-37.0M | $-35.0M | ||
| Q1 24 | $-1.7M | $-9.0M |
自由现金流率AWRLBRDA
| Q4 25 | -21.9% | — | ||
| Q3 25 | 20.7% | — | ||
| Q2 25 | 8.4% | 14.2% | ||
| Q1 25 | -15.2% | 4.9% | ||
| Q4 24 | 4.2% | -24.0% | ||
| Q3 24 | -0.3% | -13.7% | ||
| Q2 24 | -23.8% | -14.2% | ||
| Q1 24 | -1.3% | -3.7% |
资本支出强度AWRLBRDA
| Q4 25 | 38.8% | — | ||
| Q3 25 | 29.9% | — | ||
| Q2 25 | 31.2% | 20.7% | ||
| Q1 25 | 45.6% | 24.4% | ||
| Q4 24 | 40.9% | 24.3% | ||
| Q3 24 | 39.7% | 22.9% | ||
| Q2 24 | 39.8% | 25.2% | ||
| Q1 24 | 35.2% | 24.9% |
现金转化率AWRLBRDA
| Q4 25 | 0.96× | — | ||
| Q3 25 | 2.24× | — | ||
| Q2 25 | 1.92× | 0.24× | ||
| Q1 25 | 1.68× | 0.29× | ||
| Q4 24 | 2.27× | 0.00× | ||
| Q3 24 | 1.78× | 0.17× | ||
| Q2 24 | 0.78× | 0.14× | ||
| Q1 24 | 1.98× | 0.22× |
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% |
LBRDA
暂无分部数据
