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H2O AMERICA（HTO）与Karat Packaging Inc.（KRT）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Karat Packaging Inc.的1.7倍（$199.4M vs $115.6M），H2O AMERICA净利率更高（8.1% vs 5.9%，领先2.2%），Karat Packaging Inc.同比增速更快（13.7% vs 1.5%），过去两年H2O AMERICA的营收复合增速更高（15.3% vs 10.0%）
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。
Karat Packaging Inc.是专业一次性餐饮包装产品生产商及分销商，产品涵盖纸塑杯、食品容器、餐具、杯盖及定制品牌包装方案，主要服务北美地区的连锁餐厅、咖啡馆、餐饮服务商及零售食品客户。
HTO vs KRT — 直观对比
营收规模更大
HTO
是对方的1.7倍
$115.6M
营收增速更快
KRT
高出12.3%
1.5%
净利率更高
HTO
高出2.2%
5.9%
两年增速更快
HTO
近两年复合增速
10.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $115.6M |
| 净利润 | $16.2M | $6.8M |
| 毛利率 | — | 34.0% |
| 营业利润率 | 16.6% | 7.3% |
| 净利率 | 8.1% | 5.9% |
| 营收同比 | 1.5% | 13.7% |
| 净利润同比 | -29.2% | 21.3% |
| 每股收益（稀释后） | $0.45 | $0.34 |
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HTOKRT
| Q4 25 | $199.4M | $115.6M | ||
| Q3 25 | $243.5M | $124.5M | ||
| Q2 25 | $197.8M | $124.0M | ||
| Q1 25 | $164.9M | $103.6M | ||
| Q4 24 | $196.5M | $101.6M | ||
| Q3 24 | $216.7M | $112.8M | ||
| Q2 24 | $173.1M | $112.6M | ||
| Q1 24 | $150.0M | $95.6M |
净利润HTOKRT
| Q4 25 | $16.2M | $6.8M | ||
| Q3 25 | $45.1M | $7.3M | ||
| Q2 25 | $24.7M | $10.9M | ||
| Q1 25 | $16.6M | $6.4M | ||
| Q4 24 | $22.9M | $5.6M | ||
| Q3 24 | $38.7M | $9.1M | ||
| Q2 24 | $20.7M | $9.1M | ||
| Q1 24 | $11.7M | $6.2M |
毛利率HTOKRT
| Q4 25 | — | 34.0% | ||
| Q3 25 | — | 34.5% | ||
| Q2 25 | — | 39.6% | ||
| Q1 25 | — | 39.3% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 38.6% | ||
| Q2 24 | — | 38.5% | ||
| Q1 24 | — | 39.3% |
营业利润率HTOKRT
| Q4 25 | 16.6% | 7.3% | ||
| Q3 25 | 26.5% | 6.9% | ||
| Q2 25 | 22.2% | 13.3% | ||
| Q1 25 | 21.8% | 7.5% | ||
| Q4 24 | 22.2% | 7.2% | ||
| Q3 24 | 26.9% | 10.0% | ||
| Q2 24 | 23.4% | 9.9% | ||
| Q1 24 | 18.6% | 8.4% |
净利率HTOKRT
| Q4 25 | 8.1% | 5.9% | ||
| Q3 25 | 18.5% | 5.9% | ||
| Q2 25 | 12.5% | 8.8% | ||
| Q1 25 | 10.0% | 6.2% | ||
| Q4 24 | 11.7% | 5.5% | ||
| Q3 24 | 17.8% | 8.1% | ||
| Q2 24 | 12.0% | 8.1% | ||
| Q1 24 | 7.8% | 6.4% |
每股收益（稀释后）HTOKRT
| Q4 25 | $0.45 | $0.34 | ||
| Q3 25 | $1.27 | $0.36 | ||
| Q2 25 | $0.71 | $0.54 | ||
| Q1 25 | $0.49 | $0.32 | ||
| Q4 24 | $0.70 | $0.28 | ||
| Q3 24 | $1.17 | $0.45 | ||
| Q2 24 | $0.64 | $0.45 | ||
| Q1 24 | $0.36 | $0.31 |
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 | $20.7M | $37.9M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $1.5B | $149.4M |
| 总资产 | $5.1B | $287.7M |
| 负债/权益比越低杠杆越低 | 1.23× | — |
8季度趋势，按日历期对齐
现金及短期投资HTOKRT
| Q4 25 | $20.7M | $37.9M | ||
| Q3 25 | $11.3M | $44.0M | ||
| Q2 25 | $19.8M | $57.0M | ||
| Q1 25 | $23.7M | $56.3M | ||
| Q4 24 | $11.1M | $59.9M | ||
| Q3 24 | $4.0M | $60.4M | ||
| Q2 24 | $22.8M | $52.1M | ||
| Q1 24 | $4.5M | $46.7M |
总债务HTOKRT
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HTOKRT
| Q4 25 | $1.5B | $149.4M | ||
| Q3 25 | $1.5B | $154.5M | ||
| Q2 25 | $1.5B | $155.8M | ||
| Q1 25 | $1.4B | $153.3M | ||
| Q4 24 | $1.4B | $155.6M | ||
| Q3 24 | $1.3B | $157.3M | ||
| Q2 24 | $1.3B | $157.7M | ||
| Q1 24 | $1.2B | $154.4M |
总资产HTOKRT
| Q4 25 | $5.1B | $287.7M | ||
| Q3 25 | $5.0B | $302.8M | ||
| Q2 25 | $4.8B | $321.0M | ||
| Q1 25 | $4.7B | $312.2M | ||
| Q4 24 | $4.7B | $294.5M | ||
| Q3 24 | $4.6B | $306.8M | ||
| Q2 24 | $4.4B | $310.7M | ||
| Q1 24 | $4.4B | $279.0M |
负债/权益比HTOKRT
| Q4 25 | 1.23× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 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 | $63.5M | $15.4M |
| 自由现金流经营现金流 - 资本支出 | — | $15.1M |
| 自由现金流率自由现金流/营收 | — | 13.1% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 现金转化率经营现金流/净利润 | 3.92× | 2.26× |
| 过去12个月自由现金流最近4个季度 | — | $33.1M |
8季度趋势，按日历期对齐
经营现金流HTOKRT
| Q4 25 | $63.5M | $15.4M | ||
| Q3 25 | $77.3M | $982.0K | ||
| Q2 25 | $60.8M | $9.8M | ||
| Q1 25 | $43.2M | $7.7M | ||
| Q4 24 | $41.5M | $8.3M | ||
| Q3 24 | $53.5M | $19.5M | ||
| Q2 24 | $49.3M | $13.7M | ||
| Q1 24 | $51.2M | $6.6M |
自由现金流HTOKRT
| Q4 25 | — | $15.1M | ||
| Q3 25 | — | $736.0K | ||
| Q2 25 | — | $9.6M | ||
| Q1 25 | — | $7.6M | ||
| Q4 24 | — | $8.0M | ||
| Q3 24 | — | $19.2M | ||
| Q2 24 | — | $13.4M | ||
| Q1 24 | — | $6.4M |
自由现金流率HTOKRT
| Q4 25 | — | 13.1% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | — | 7.9% | ||
| Q3 24 | — | 17.0% | ||
| Q2 24 | — | 11.9% | ||
| Q1 24 | — | 6.7% |
资本支出强度HTOKRT
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.2% |
现金转化率HTOKRT
| Q4 25 | 3.92× | 2.26× | ||
| Q3 25 | 1.71× | 0.13× | ||
| Q2 25 | 2.47× | 0.89× | ||
| Q1 25 | 2.61× | 1.21× | ||
| Q4 24 | 1.81× | 1.47× | ||
| Q3 24 | 1.39× | 2.14× | ||
| Q2 24 | 2.38× | 1.50× | ||
| Q1 24 | 4.38× | 1.06× |
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
HTO
| Water Utility Services | $191.0M | 96% |
| Other | $8.4M | 4% |
KRT
暂无分部数据
