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H2O AMERICA（HTO）与LendingClub Corp（LC）财务数据对比。点击上方公司名可切换其他公司
LendingClub Corp的季度营收约是H2O AMERICA的1.3倍（$252.3M vs $199.4M），LendingClub Corp净利率更高（20.5% vs 8.1%，领先12.3%），LendingClub Corp同比增速更快（15.9% vs 1.5%），过去两年LendingClub Corp的营收复合增速更高（16.1% vs 15.3%）
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。
LendingClub Corp是总部位于美国加利福尼亚州旧金山的金融服务企业，是全球首家将旗下产品作为证券完成注册的P2P借贷平台，同时支持贷款在二级市场交易。巅峰时期它是全球规模最大的P2P借贷平台，截至2015年12月31日，平台累计促成贷款发放额达159.8亿美元。
HTO vs LC — 直观对比
营收规模更大
LC
是对方的1.3倍
$199.4M
营收增速更快
LC
高出14.4%
1.5%
净利率更高
LC
高出12.3%
8.1%
两年增速更快
LC
近两年复合增速
15.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $252.3M |
| 净利润 | $16.2M | $51.6M |
| 毛利率 | — | — |
| 营业利润率 | 16.6% | — |
| 净利率 | 8.1% | 20.5% |
| 营收同比 | 1.5% | 15.9% |
| 净利润同比 | -29.2% | 341.0% |
| 每股收益（稀释后） | $0.45 | $0.44 |
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HTOLC
| Q1 26 | — | $252.3M | ||
| Q4 25 | $199.4M | $266.5M | ||
| Q3 25 | $243.5M | $266.2M | ||
| Q2 25 | $197.8M | $248.4M | ||
| Q1 25 | $164.9M | $217.7M | ||
| Q4 24 | $196.5M | $217.2M | ||
| Q3 24 | $216.7M | $201.9M | ||
| Q2 24 | $173.1M | $187.2M |
净利润HTOLC
| Q1 26 | — | $51.6M | ||
| Q4 25 | $16.2M | — | ||
| Q3 25 | $45.1M | $44.3M | ||
| Q2 25 | $24.7M | $38.2M | ||
| Q1 25 | $16.6M | $11.7M | ||
| Q4 24 | $22.9M | — | ||
| Q3 24 | $38.7M | $14.5M | ||
| Q2 24 | $20.7M | $14.9M |
营业利润率HTOLC
| Q1 26 | — | — | ||
| Q4 25 | 16.6% | 18.8% | ||
| Q3 25 | 26.5% | 21.5% | ||
| Q2 25 | 22.2% | 21.7% | ||
| Q1 25 | 21.8% | 7.2% | ||
| Q4 24 | 22.2% | 5.1% | ||
| Q3 24 | 26.9% | 8.9% | ||
| Q2 24 | 23.4% | 10.4% |
净利率HTOLC
| Q1 26 | — | 20.5% | ||
| Q4 25 | 8.1% | — | ||
| Q3 25 | 18.5% | 16.6% | ||
| Q2 25 | 12.5% | 15.4% | ||
| Q1 25 | 10.0% | 5.4% | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | 17.8% | 7.2% | ||
| Q2 24 | 12.0% | 8.0% |
每股收益（稀释后）HTOLC
| Q1 26 | — | $0.44 | ||
| Q4 25 | $0.45 | $0.36 | ||
| Q3 25 | $1.27 | $0.37 | ||
| Q2 25 | $0.71 | $0.33 | ||
| Q1 25 | $0.49 | $0.10 | ||
| Q4 24 | $0.70 | $0.08 | ||
| Q3 24 | $1.17 | $0.13 | ||
| Q2 24 | $0.64 | $0.13 |
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 | — |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $1.5B | $1.5B |
| 总资产 | $5.1B | $11.9B |
| 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HTOLC
| Q1 26 | — | — | ||
| Q4 25 | $20.7M | — | ||
| Q3 25 | $11.3M | — | ||
| Q2 25 | $19.8M | — | ||
| Q1 25 | $23.7M | — | ||
| Q4 24 | $11.1M | — | ||
| Q3 24 | $4.0M | — | ||
| Q2 24 | $22.8M | — |
总债务HTOLC
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | $1.7B | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益HTOLC
| Q1 26 | — | $1.5B | ||
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.3B | $1.3B |
总资产HTOLC
| Q1 26 | — | $11.9B | ||
| Q4 25 | $5.1B | $11.6B | ||
| Q3 25 | $5.0B | $11.1B | ||
| Q2 25 | $4.8B | $10.8B | ||
| Q1 25 | $4.7B | $10.5B | ||
| Q4 24 | $4.7B | $10.6B | ||
| Q3 24 | $4.6B | $11.0B | ||
| Q2 24 | $4.4B | $9.6B |
负债/权益比HTOLC
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | 1.26× | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 3.92× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流HTOLC
| Q1 26 | — | — | ||
| Q4 25 | $63.5M | $-2.7B | ||
| Q3 25 | $77.3M | $-770.8M | ||
| Q2 25 | $60.8M | $-713.1M | ||
| Q1 25 | $43.2M | $-339.3M | ||
| Q4 24 | $41.5M | $-2.6B | ||
| Q3 24 | $53.5M | $-669.8M | ||
| Q2 24 | $49.3M | $-932.5M |
自由现金流HTOLC
| Q1 26 | — | — | ||
| Q4 25 | — | $-2.9B | ||
| Q3 25 | — | $-791.8M | ||
| Q2 25 | — | $-803.8M | ||
| Q1 25 | — | $-352.3M | ||
| Q4 24 | — | $-2.7B | ||
| Q3 24 | — | $-682.3M | ||
| Q2 24 | — | $-945.3M |
自由现金流率HTOLC
| Q1 26 | — | — | ||
| Q4 25 | — | -1076.0% | ||
| Q3 25 | — | -297.4% | ||
| Q2 25 | — | -323.5% | ||
| Q1 25 | — | -161.8% | ||
| Q4 24 | — | -1237.8% | ||
| Q3 24 | — | -338.0% | ||
| Q2 24 | — | -504.9% |
资本支出强度HTOLC
| Q1 26 | — | — | ||
| Q4 25 | — | 52.7% | ||
| Q3 25 | — | 7.9% | ||
| Q2 25 | — | 36.5% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | — | 25.0% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 6.9% |
现金转化率HTOLC
| Q1 26 | — | — | ||
| Q4 25 | 3.92× | — | ||
| Q3 25 | 1.71× | -17.41× | ||
| Q2 25 | 2.47× | -18.68× | ||
| Q1 25 | 2.61× | -29.07× | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.39× | -46.33× | ||
| Q2 24 | 2.38× | -62.57× |
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% |
LC
暂无分部数据
