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H2O AMERICA（HTO）与PREFORMED LINE PRODUCTS CO（PLPC）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PREFORMED LINE PRODUCTS CO的1.2倍（$199.4M vs $173.1M），H2O AMERICA净利率更高（8.1% vs 4.9%，领先3.3%），PREFORMED LINE PRODUCTS CO同比增速更快（3.6% vs 1.5%），过去两年H2O AMERICA的营收复合增速更高（15.3% vs 10.8%）
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。
预成型线路产品公司（PLPC）研发、生产和销售适用于输配电、通信及可再生能源基建领域的工程硬件组件，服务全球多地的公用事业、网络运营商及工业客户，提供可提升网络可靠性与运营效率的解决方案。
HTO vs PLPC — 直观对比
营收规模更大
HTO
是对方的1.2倍
$173.1M
营收增速更快
PLPC
高出2.1%
1.5%
净利率更高
HTO
高出3.3%
4.9%
两年增速更快
HTO
近两年复合增速
10.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $173.1M |
| 净利润 | $16.2M | $8.4M |
| 毛利率 | — | 29.8% |
| 营业利润率 | 16.6% | 6.8% |
| 净利率 | 8.1% | 4.9% |
| 营收同比 | 1.5% | 3.6% |
| 净利润同比 | -29.2% | -19.3% |
| 每股收益（稀释后） | $0.45 | $1.72 |
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HTOPLPC
| Q4 25 | $199.4M | $173.1M | ||
| Q3 25 | $243.5M | $178.1M | ||
| Q2 25 | $197.8M | $169.6M | ||
| Q1 25 | $164.9M | $148.5M | ||
| Q4 24 | $196.5M | $167.1M | ||
| Q3 24 | $216.7M | $147.0M | ||
| Q2 24 | $173.1M | $138.7M | ||
| Q1 24 | $150.0M | $140.9M |
净利润HTOPLPC
| Q4 25 | $16.2M | $8.4M | ||
| Q3 25 | $45.1M | $2.6M | ||
| Q2 25 | $24.7M | $12.7M | ||
| Q1 25 | $16.6M | $11.5M | ||
| Q4 24 | $22.9M | $10.5M | ||
| Q3 24 | $38.7M | $7.7M | ||
| Q2 24 | $20.7M | $9.4M | ||
| Q1 24 | $11.7M | $9.6M |
毛利率HTOPLPC
| Q4 25 | — | 29.8% | ||
| Q3 25 | — | 29.7% | ||
| Q2 25 | — | 32.7% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | — | 33.3% | ||
| Q3 24 | — | 31.1% | ||
| Q2 24 | — | 31.9% | ||
| Q1 24 | — | 31.3% |
营业利润率HTOPLPC
| Q4 25 | 16.6% | 6.8% | ||
| Q3 25 | 26.5% | 7.4% | ||
| Q2 25 | 22.2% | 10.1% | ||
| Q1 25 | 21.8% | 8.8% | ||
| Q4 24 | 22.2% | 10.5% | ||
| Q3 24 | 26.9% | 7.1% | ||
| Q2 24 | 23.4% | 8.1% | ||
| Q1 24 | 18.6% | 8.2% |
净利率HTOPLPC
| Q4 25 | 8.1% | 4.9% | ||
| Q3 25 | 18.5% | 1.5% | ||
| Q2 25 | 12.5% | 7.5% | ||
| Q1 25 | 10.0% | 7.8% | ||
| Q4 24 | 11.7% | 6.3% | ||
| Q3 24 | 17.8% | 5.2% | ||
| Q2 24 | 12.0% | 6.8% | ||
| Q1 24 | 7.8% | 6.8% |
每股收益（稀释后）HTOPLPC
| Q4 25 | $0.45 | $1.72 | ||
| Q3 25 | $1.27 | $0.53 | ||
| Q2 25 | $0.71 | $2.56 | ||
| Q1 25 | $0.49 | $2.33 | ||
| Q4 24 | $0.70 | $2.13 | ||
| Q3 24 | $1.17 | $1.54 | ||
| Q2 24 | $0.64 | $1.89 | ||
| Q1 24 | $0.36 | $1.94 |
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 | $38.3M |
| 股东权益账面价值 | $1.5B | $475.5M |
| 总资产 | $5.1B | $653.6M |
| 负债/权益比越低杠杆越低 | 1.23× | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资HTOPLPC
| 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 | — | ||
| Q1 24 | $4.5M | — |
总债务HTOPLPC
| Q4 25 | $1.9B | $38.3M | ||
| Q3 25 | — | $36.0M | ||
| Q2 25 | — | $31.8M | ||
| Q1 25 | — | $29.1M | ||
| Q4 24 | $1.7B | $20.8M | ||
| Q3 24 | — | $27.2M | ||
| Q2 24 | — | $31.6M | ||
| Q1 24 | — | $55.0M |
股东权益HTOPLPC
| Q4 25 | $1.5B | $475.5M | ||
| Q3 25 | $1.5B | $466.3M | ||
| Q2 25 | $1.5B | $460.7M | ||
| Q1 25 | $1.4B | $435.8M | ||
| Q4 24 | $1.4B | $422.3M | ||
| Q3 24 | $1.3B | $429.0M | ||
| Q2 24 | $1.3B | $416.2M | ||
| Q1 24 | $1.2B | $413.4M |
总资产HTOPLPC
| Q4 25 | $5.1B | $653.6M | ||
| Q3 25 | $5.0B | $644.6M | ||
| Q2 25 | $4.8B | $631.5M | ||
| Q1 25 | $4.7B | $592.5M | ||
| Q4 24 | $4.7B | $573.9M | ||
| Q3 24 | $4.6B | $592.0M | ||
| Q2 24 | $4.4B | $572.6M | ||
| Q1 24 | $4.4B | $586.1M |
负债/权益比HTOPLPC
| Q4 25 | 1.23× | 0.08× | ||
| Q3 25 | — | 0.08× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.07× | ||
| Q4 24 | 1.26× | 0.05× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | — | 0.08× | ||
| Q1 24 | — | 0.13× |
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 | $21.9M |
| 自由现金流经营现金流 - 资本支出 | — | $11.8M |
| 自由现金流率自由现金流/营收 | — | 6.8% |
| 资本支出强度资本支出/营收 | — | 5.9% |
| 现金转化率经营现金流/净利润 | 3.92× | 2.60× |
| 过去12个月自由现金流最近4个季度 | — | $33.3M |
8季度趋势，按日历期对齐
经营现金流HTOPLPC
| Q4 25 | $63.5M | $21.9M | ||
| Q3 25 | $77.3M | $18.9M | ||
| Q2 25 | $60.8M | $26.9M | ||
| Q1 25 | $43.2M | $5.7M | ||
| Q4 24 | $41.5M | $24.1M | ||
| Q3 24 | $53.5M | $9.4M | ||
| Q2 24 | $49.3M | $28.3M | ||
| Q1 24 | $51.2M | $5.8M |
自由现金流HTOPLPC
| Q4 25 | — | $11.8M | ||
| Q3 25 | — | $8.3M | ||
| Q2 25 | — | $18.6M | ||
| Q1 25 | — | $-5.3M | ||
| Q4 24 | — | $20.6M | ||
| Q3 24 | — | $5.8M | ||
| Q2 24 | — | $24.6M | ||
| Q1 24 | — | $1.8M |
自由现金流率HTOPLPC
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 10.9% | ||
| Q1 25 | — | -3.6% | ||
| Q4 24 | — | 12.3% | ||
| Q3 24 | — | 3.9% | ||
| Q2 24 | — | 17.7% | ||
| Q1 24 | — | 1.3% |
资本支出强度HTOPLPC
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | 6.0% | ||
| Q2 25 | — | 4.9% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | 2.8% |
现金转化率HTOPLPC
| Q4 25 | 3.92× | 2.60× | ||
| Q3 25 | 1.71× | 7.21× | ||
| Q2 25 | 2.47× | 2.12× | ||
| Q1 25 | 2.61× | 0.49× | ||
| Q4 24 | 1.81× | 2.30× | ||
| Q3 24 | 1.39× | 1.22× | ||
| Q2 24 | 2.38× | 3.02× | ||
| Q1 24 | 4.38× | 0.60× |
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% |
PLPC
暂无分部数据
