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AMERICAN STATES WATER CO（AWR）与STURM RUGER & CO INC（RGR）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STURM RUGER & CO INC的1.1倍（$164.3M vs $151.1M），AMERICAN STATES WATER CO同比增速更快（14.8% vs 3.6%），STURM RUGER & CO INC自由现金流更多（$12.3M vs $-36.0M），过去两年AMERICAN STATES WATER CO的营收复合增速更高（10.2% vs 5.1%）
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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
AWR vs RGR — 直观对比
营收规模更大
AWR
是对方的1.1倍
$151.1M
营收增速更快
AWR
高出11.2%
3.6%
自由现金流更多
RGR
多$48.3M
$-36.0M
两年增速更快
AWR
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $164.3M | $151.1M |
| 净利润 | $28.7M | — |
| 毛利率 | 88.9% | 17.8% |
| 营业利润率 | 27.4% | 2.3% |
| 净利率 | 17.5% | — |
| 营收同比 | 14.8% | 3.6% |
| 净利润同比 | 1.1% | — |
| 每股收益（稀释后） | $0.74 | $0.22 |
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AWRRGR
| Q4 25 | $164.3M | $151.1M | ||
| Q3 25 | $182.7M | $126.8M | ||
| Q2 25 | $163.1M | $132.5M | ||
| Q1 25 | $148.0M | $135.7M | ||
| Q4 24 | $143.1M | $145.8M | ||
| Q3 24 | $161.8M | $122.3M | ||
| Q2 24 | $155.3M | $130.8M | ||
| Q1 24 | $135.3M | $136.8M |
净利润AWRRGR
| Q4 25 | $28.7M | — | ||
| Q3 25 | $41.2M | $1.6M | ||
| Q2 25 | $33.7M | $-17.2M | ||
| Q1 25 | $26.8M | $7.8M | ||
| Q4 24 | $28.4M | — | ||
| Q3 24 | $35.8M | $4.7M | ||
| Q2 24 | $31.9M | $8.3M | ||
| Q1 24 | $23.1M | $7.1M |
毛利率AWRRGR
| Q4 25 | 88.9% | 17.8% | ||
| Q3 25 | 91.0% | 15.1% | ||
| Q2 25 | 92.1% | 3.9% | ||
| Q1 25 | 91.3% | 22.0% | ||
| Q4 24 | 92.4% | 22.8% | ||
| Q3 24 | 92.7% | 18.5% | ||
| Q2 24 | 89.6% | 22.3% | ||
| Q1 24 | 88.4% | 21.5% |
营业利润率AWRRGR
| Q4 25 | 27.4% | 2.3% | ||
| Q3 25 | 33.8% | -2.7% | ||
| Q2 25 | 31.3% | -15.6% | ||
| Q1 25 | 30.8% | 6.2% | ||
| Q4 24 | 27.0% | 7.8% | ||
| Q3 24 | 34.0% | 3.1% | ||
| Q2 24 | 33.3% | 6.9% | ||
| Q1 24 | 28.8% | 5.5% |
净利率AWRRGR
| Q4 25 | 17.5% | — | ||
| Q3 25 | 22.5% | 1.2% | ||
| Q2 25 | 20.7% | -13.0% | ||
| Q1 25 | 18.1% | 5.7% | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 22.1% | 3.9% | ||
| Q2 24 | 20.5% | 6.3% | ||
| Q1 24 | 17.1% | 5.2% |
每股收益（稀释后）AWRRGR
| Q4 25 | $0.74 | $0.22 | ||
| Q3 25 | $1.06 | $0.10 | ||
| Q2 25 | $0.87 | $-1.05 | ||
| Q1 25 | $0.70 | $0.46 | ||
| Q4 24 | $0.75 | $0.62 | ||
| Q3 24 | $0.95 | $0.28 | ||
| Q2 24 | $0.85 | $0.47 | ||
| Q1 24 | $0.62 | $0.40 |
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 | $92.5M |
| 总债务越低越好 | $782.7M | — |
| 股东权益账面价值 | $1.0B | $283.8M |
| 总资产 | $2.7B | $342.0M |
| 负债/权益比越低杠杆越低 | 0.75× | — |
8季度趋势，按日历期对齐
现金及短期投资AWRRGR
| Q4 25 | $18.8M | $92.5M | ||
| Q3 25 | $26.1M | $80.8M | ||
| Q2 25 | $20.2M | $101.4M | ||
| Q1 25 | $21.2M | $108.3M | ||
| Q4 24 | $26.7M | $105.5M | ||
| Q3 24 | $16.5M | $96.0M | ||
| Q2 24 | $3.6M | $105.6M | ||
| Q1 24 | $17.0M | $115.3M |
总债务AWRRGR
| Q4 25 | $782.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $640.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AWRRGR
| Q4 25 | $1.0B | $283.8M | ||
| Q3 25 | $1.0B | $279.6M | ||
| Q2 25 | $972.5M | $289.3M | ||
| Q1 25 | $956.4M | $321.5M | ||
| Q4 24 | $920.1M | $319.6M | ||
| Q3 24 | $879.5M | $314.9M | ||
| Q2 24 | $833.5M | $321.5M | ||
| Q1 24 | $800.5M | $332.0M |
总资产AWRRGR
| Q4 25 | $2.7B | $342.0M | ||
| Q3 25 | $2.7B | $342.3M | ||
| Q2 25 | $2.6B | $349.5M | ||
| Q1 25 | $2.5B | $379.0M | ||
| Q4 24 | $2.5B | $384.0M | ||
| Q3 24 | $2.4B | $373.5M | ||
| Q2 24 | $2.3B | $376.7M | ||
| Q1 24 | $2.3B | $385.0M |
负债/权益比AWRRGR
| Q4 25 | 0.75× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 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 | $27.7M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $-36.0M | $12.3M |
| 自由现金流率自由现金流/营收 | -21.9% | 8.2% |
| 资本支出强度资本支出/营收 | 38.8% | 2.1% |
| 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 | $38.5M |
8季度趋势，按日历期对齐
经营现金流AWRRGR
| Q4 25 | $27.7M | $15.5M | ||
| Q3 25 | $92.4M | $12.9M | ||
| Q2 25 | $64.6M | $14.7M | ||
| Q1 25 | $45.1M | $11.1M | ||
| Q4 24 | $64.5M | $20.0M | ||
| Q3 24 | $63.7M | $9.4M | ||
| Q2 24 | $24.7M | $18.7M | ||
| Q1 24 | $45.8M | $7.3M |
自由现金流AWRRGR
| Q4 25 | $-36.0M | $12.3M | ||
| Q3 25 | $37.7M | $7.0M | ||
| Q2 25 | $13.7M | $9.1M | ||
| Q1 25 | $-22.5M | $10.0M | ||
| Q4 24 | $6.0M | $16.4M | ||
| Q3 24 | $-478.0K | $2.6M | ||
| Q2 24 | $-37.0M | $10.1M | ||
| Q1 24 | $-1.7M | $5.6M |
自由现金流率AWRRGR
| Q4 25 | -21.9% | 8.2% | ||
| Q3 25 | 20.7% | 5.5% | ||
| Q2 25 | 8.4% | 6.9% | ||
| Q1 25 | -15.2% | 7.4% | ||
| Q4 24 | 4.2% | 11.2% | ||
| Q3 24 | -0.3% | 2.1% | ||
| Q2 24 | -23.8% | 7.7% | ||
| Q1 24 | -1.3% | 4.1% |
资本支出强度AWRRGR
| Q4 25 | 38.8% | 2.1% | ||
| Q3 25 | 29.9% | 4.6% | ||
| Q2 25 | 31.2% | 4.2% | ||
| Q1 25 | 45.6% | 0.8% | ||
| Q4 24 | 40.9% | 2.5% | ||
| Q3 24 | 39.7% | 5.5% | ||
| Q2 24 | 39.8% | 6.6% | ||
| Q1 24 | 35.2% | 1.3% |
现金转化率AWRRGR
| Q4 25 | 0.96× | — | ||
| Q3 25 | 2.24× | 8.15× | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 1.68× | 1.43× | ||
| Q4 24 | 2.27× | — | ||
| Q3 24 | 1.78× | 1.98× | ||
| Q2 24 | 0.78× | 2.27× | ||
| Q1 24 | 1.98× | 1.04× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
