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H2O AMERICA（HTO）与POWELL INDUSTRIES INC（POWL）财务数据对比。点击上方公司名可切换其他公司
POWELL INDUSTRIES INC的季度营收约是H2O AMERICA的1.3倍（$251.2M vs $199.4M），POWELL INDUSTRIES INC净利率更高（16.5% vs 8.1%，领先8.3%），POWELL INDUSTRIES INC同比增速更快（4.0% vs 1.5%），过去两年H2O AMERICA的营收复合增速更高（15.3% vs -0.8%）
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。
Powell Industries Inc.成立于1947年，总部位于美国得克萨斯州休斯敦，是专业的电气设备及集成封装解决方案供应商，产品主要面向工商业市场，用于电力配送环节的监测与控制。
HTO vs POWL — 直观对比
营收规模更大
POWL
是对方的1.3倍
$199.4M
营收增速更快
POWL
高出2.6%
1.5%
净利率更高
POWL
高出8.3%
8.1%
两年增速更快
HTO
近两年复合增速
-0.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $251.2M |
| 净利润 | $16.2M | $41.4M |
| 毛利率 | — | 28.4% |
| 营业利润率 | 16.6% | 17.0% |
| 净利率 | 8.1% | 16.5% |
| 营收同比 | 1.5% | 4.0% |
| 净利润同比 | -29.2% | 19.1% |
| 每股收益（稀释后） | $0.45 | $3.40 |
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HTOPOWL
| Q4 25 | $199.4M | $251.2M | ||
| Q3 25 | $243.5M | $298.0M | ||
| Q2 25 | $197.8M | $286.3M | ||
| Q1 25 | $164.9M | $278.6M | ||
| Q4 24 | $196.5M | $241.4M | ||
| Q3 24 | $216.7M | $275.1M | ||
| Q2 24 | $173.1M | $288.2M | ||
| Q1 24 | $150.0M | $255.1M |
净利润HTOPOWL
| Q4 25 | $16.2M | $41.4M | ||
| Q3 25 | $45.1M | $51.4M | ||
| Q2 25 | $24.7M | $48.2M | ||
| Q1 25 | $16.6M | $46.3M | ||
| Q4 24 | $22.9M | $34.8M | ||
| Q3 24 | $38.7M | $46.1M | ||
| Q2 24 | $20.7M | $46.2M | ||
| Q1 24 | $11.7M | $33.5M |
毛利率HTOPOWL
| Q4 25 | — | 28.4% | ||
| Q3 25 | — | 31.4% | ||
| Q2 25 | — | 30.7% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 24.7% | ||
| Q3 24 | — | 29.2% | ||
| Q2 24 | — | 28.4% | ||
| Q1 24 | — | 24.6% |
营业利润率HTOPOWL
| Q4 25 | 16.6% | 17.0% | ||
| Q3 25 | 26.5% | 21.2% | ||
| Q2 25 | 22.2% | 21.0% | ||
| Q1 25 | 21.8% | 21.1% | ||
| Q4 24 | 22.2% | 14.7% | ||
| Q3 24 | 26.9% | 20.4% | ||
| Q2 24 | 23.4% | 19.9% | ||
| Q1 24 | 18.6% | 15.5% |
净利率HTOPOWL
| Q4 25 | 8.1% | 16.5% | ||
| Q3 25 | 18.5% | 17.3% | ||
| Q2 25 | 12.5% | 16.8% | ||
| Q1 25 | 10.0% | 16.6% | ||
| Q4 24 | 11.7% | 14.4% | ||
| Q3 24 | 17.8% | 16.7% | ||
| Q2 24 | 12.0% | 16.0% | ||
| Q1 24 | 7.8% | 13.1% |
每股收益（稀释后）HTOPOWL
| Q4 25 | $0.45 | $3.40 | ||
| Q3 25 | $1.27 | $4.23 | ||
| Q2 25 | $0.71 | $3.96 | ||
| Q1 25 | $0.49 | $3.81 | ||
| Q4 24 | $0.70 | $2.86 | ||
| Q3 24 | $1.17 | $3.77 | ||
| Q2 24 | $0.64 | $3.79 | ||
| Q1 24 | $0.36 | $2.75 |
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 | $500.8M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $1.5B | $668.9M |
| 总资产 | $5.1B | $1.1B |
| 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HTOPOWL
| Q4 25 | $20.7M | $500.8M | ||
| Q3 25 | $11.3M | $475.5M | ||
| Q2 25 | $19.8M | $433.0M | ||
| Q1 25 | $23.7M | $389.3M | ||
| Q4 24 | $11.1M | $373.4M | ||
| Q3 24 | $4.0M | $358.4M | ||
| Q2 24 | $22.8M | $374.0M | ||
| Q1 24 | $4.5M | $365.3M |
总债务HTOPOWL
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HTOPOWL
| Q4 25 | $1.5B | $668.9M | ||
| Q3 25 | $1.5B | $640.8M | ||
| Q2 25 | $1.5B | $594.9M | ||
| Q1 25 | $1.4B | $541.4M | ||
| Q4 24 | $1.4B | $496.3M | ||
| Q3 24 | $1.3B | $483.1M | ||
| Q2 24 | $1.3B | $436.7M | ||
| Q1 24 | $1.2B | $393.8M |
总资产HTOPOWL
| Q4 25 | $5.1B | $1.1B | ||
| Q3 25 | $5.0B | $1.1B | ||
| Q2 25 | $4.8B | $1.0B | ||
| Q1 25 | $4.7B | $965.4M | ||
| Q4 24 | $4.7B | $912.7M | ||
| Q3 24 | $4.6B | $928.2M | ||
| Q2 24 | $4.4B | $869.0M | ||
| Q1 24 | $4.4B | $849.6M |
负债/权益比HTOPOWL
| 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 | $43.6M |
| 自由现金流经营现金流 - 资本支出 | — | $41.6M |
| 自由现金流率自由现金流/营收 | — | 16.6% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | 3.92× | 1.05× |
| 过去12个月自由现金流最近4个季度 | — | $161.5M |
8季度趋势，按日历期对齐
经营现金流HTOPOWL
| Q4 25 | $63.5M | $43.6M | ||
| Q3 25 | $77.3M | $61.1M | ||
| Q2 25 | $60.8M | $47.4M | ||
| Q1 25 | $43.2M | $22.4M | ||
| Q4 24 | $41.5M | $37.1M | ||
| Q3 24 | $53.5M | $-6.0M | ||
| Q2 24 | $49.3M | $13.8M | ||
| Q1 24 | $51.2M | $17.0M |
自由现金流HTOPOWL
| Q4 25 | — | $41.6M | ||
| Q3 25 | — | $59.3M | ||
| Q2 25 | — | $42.3M | ||
| Q1 25 | — | $18.3M | ||
| Q4 24 | — | $34.9M | ||
| Q3 24 | — | $-14.4M | ||
| Q2 24 | — | $12.4M | ||
| Q1 24 | — | $16.1M |
自由现金流率HTOPOWL
| Q4 25 | — | 16.6% | ||
| Q3 25 | — | 19.9% | ||
| Q2 25 | — | 14.8% | ||
| Q1 25 | — | 6.6% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | — | -5.3% | ||
| Q2 24 | — | 4.3% | ||
| Q1 24 | — | 6.3% |
资本支出强度HTOPOWL
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.4% |
现金转化率HTOPOWL
| Q4 25 | 3.92× | 1.05× | ||
| Q3 25 | 1.71× | 1.19× | ||
| Q2 25 | 2.47× | 0.98× | ||
| Q1 25 | 2.61× | 0.48× | ||
| Q4 24 | 1.81× | 1.07× | ||
| Q3 24 | 1.39× | -0.13× | ||
| Q2 24 | 2.38× | 0.30× | ||
| Q1 24 | 4.38× | 0.51× |
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% |
POWL
| Oil And Gas Service | $97.9M | 39% |
| Electricity | $69.3M | 28% |
| Commercial And Other Industrial | $40.6M | 16% |
| Petrochemical | $22.8M | 9% |
| Other Customers | $12.0M | 5% |
| Light Rail Traction Power Customer | $8.6M | 3% |
