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H2O AMERICA（HTO）与Purple Innovation, Inc.（PRPL）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Purple Innovation, Inc.的1.4倍（$199.4M vs $140.7M），H2O AMERICA净利率更高（8.1% vs -2.3%，领先10.4%），Purple Innovation, Inc.同比增速更快（9.1% vs 1.5%），过去两年H2O AMERICA的营收复合增速更高（15.3% vs 8.3%）
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。
Purple Carrot是一家总部位于马萨诸塞州尼达姆市的全植物性餐包品牌，由安迪·莱维特创立，每周为订阅用户提供预制餐品和自制餐包。据《大都会》2022年报道，对比美式标准餐食，该品牌每份餐包的碳排放量可降低72%，主打低碳环保的纯植物饮食方案。
HTO vs PRPL — 直观对比
营收规模更大
HTO
是对方的1.4倍
$140.7M
营收增速更快
PRPL
高出7.6%
1.5%
净利率更高
HTO
高出10.4%
-2.3%
两年增速更快
HTO
近两年复合增速
8.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $140.7M |
| 净利润 | $16.2M | $-3.2M |
| 毛利率 | — | 41.9% |
| 营业利润率 | 16.6% | -1.6% |
| 净利率 | 8.1% | -2.3% |
| 营收同比 | 1.5% | 9.1% |
| 净利润同比 | -29.2% | 62.1% |
| 每股收益（稀释后） | $0.45 | $0.03 |
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HTOPRPL
| Q4 25 | $199.4M | $140.7M | ||
| Q3 25 | $243.5M | $118.8M | ||
| Q2 25 | $197.8M | $105.1M | ||
| Q1 25 | $164.9M | $104.2M | ||
| Q4 24 | $196.5M | $129.0M | ||
| Q3 24 | $216.7M | $118.6M | ||
| Q2 24 | $173.1M | $120.3M | ||
| Q1 24 | $150.0M | $120.0M |
净利润HTOPRPL
| Q4 25 | $16.2M | $-3.2M | ||
| Q3 25 | $45.1M | $-11.7M | ||
| Q2 25 | $24.7M | $-17.3M | ||
| Q1 25 | $16.6M | $-19.1M | ||
| Q4 24 | $22.9M | $-8.5M | ||
| Q3 24 | $38.7M | $-39.2M | ||
| Q2 24 | $20.7M | $27.0K | ||
| Q1 24 | $11.7M | $-50.2M |
毛利率HTOPRPL
| Q4 25 | — | 41.9% | ||
| Q3 25 | — | 42.8% | ||
| Q2 25 | — | 35.9% | ||
| Q1 25 | — | 39.4% | ||
| Q4 24 | — | 42.9% | ||
| Q3 24 | — | 29.7% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | — | 34.8% |
营业利润率HTOPRPL
| Q4 25 | 16.6% | -1.6% | ||
| Q3 25 | 26.5% | -10.2% | ||
| Q2 25 | 22.2% | -13.5% | ||
| Q1 25 | 21.8% | -13.9% | ||
| Q4 24 | 22.2% | -6.0% | ||
| Q3 24 | 26.9% | -39.5% | ||
| Q2 24 | 23.4% | -12.1% | ||
| Q1 24 | 18.6% | -19.3% |
净利率HTOPRPL
| Q4 25 | 8.1% | -2.3% | ||
| Q3 25 | 18.5% | -9.9% | ||
| Q2 25 | 12.5% | -16.5% | ||
| Q1 25 | 10.0% | -18.4% | ||
| Q4 24 | 11.7% | -6.6% | ||
| Q3 24 | 17.8% | -33.1% | ||
| Q2 24 | 12.0% | 0.0% | ||
| Q1 24 | 7.8% | -41.8% |
每股收益（稀释后）HTOPRPL
| Q4 25 | $0.45 | $0.03 | ||
| Q3 25 | $1.27 | $0.11 | ||
| Q2 25 | $0.71 | $0.16 | ||
| Q1 25 | $0.49 | $0.18 | ||
| Q4 24 | $0.70 | $0.08 | ||
| Q3 24 | $1.17 | $0.36 | ||
| Q2 24 | $0.64 | $0.00 | ||
| Q1 24 | $0.36 | $0.47 |
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 | $24.3M |
| 总债务越低越好 | $1.9B | $126.7M |
| 股东权益账面价值 | $1.5B | $-29.7M |
| 总资产 | $5.1B | $296.3M |
| 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HTOPRPL
| Q4 25 | $20.7M | $24.3M | ||
| Q3 25 | $11.3M | $32.4M | ||
| Q2 25 | $19.8M | $34.2M | ||
| Q1 25 | $23.7M | $21.6M | ||
| Q4 24 | $11.1M | $29.0M | ||
| Q3 24 | $4.0M | $23.4M | ||
| Q2 24 | $22.8M | $23.4M | ||
| Q1 24 | $4.5M | $34.5M |
总债务HTOPRPL
| Q4 25 | $1.9B | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HTOPRPL
| Q4 25 | $1.5B | $-29.7M | ||
| Q3 25 | $1.5B | $-26.9M | ||
| Q2 25 | $1.5B | $-15.6M | ||
| Q1 25 | $1.4B | $1.3M | ||
| Q4 24 | $1.4B | $20.2M | ||
| Q3 24 | $1.3B | $28.0M | ||
| Q2 24 | $1.3B | $66.4M | ||
| Q1 24 | $1.2B | $65.5M |
总资产HTOPRPL
| Q4 25 | $5.1B | $296.3M | ||
| Q3 25 | $5.0B | $302.1M | ||
| Q2 25 | $4.8B | $303.8M | ||
| Q1 25 | $4.7B | $293.8M | ||
| Q4 24 | $4.7B | $307.8M | ||
| Q3 24 | $4.6B | $309.3M | ||
| Q2 24 | $4.4B | $362.1M | ||
| Q1 24 | $4.4B | $382.1M |
负债/权益比HTOPRPL
| Q4 25 | 1.23× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.26× | 3.50× | ||
| Q3 24 | — | 1.82× | ||
| 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 | $-5.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-7.8M |
| 自由现金流率自由现金流/营收 | — | -5.5% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 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 | — | $-41.9M |
8季度趋势，按日历期对齐
经营现金流HTOPRPL
| Q4 25 | $63.5M | $-5.8M | ||
| Q3 25 | $77.3M | $-968.0K | ||
| Q2 25 | $60.8M | $-4.0M | ||
| Q1 25 | $43.2M | $-23.1M | ||
| Q4 24 | $41.5M | $6.8M | ||
| Q3 24 | $53.5M | $1.1M | ||
| Q2 24 | $49.3M | $-8.9M | ||
| Q1 24 | $51.2M | $-16.8M |
自由现金流HTOPRPL
| Q4 25 | — | $-7.8M | ||
| Q3 25 | — | $-1.8M | ||
| Q2 25 | — | $-7.0M | ||
| Q1 25 | — | $-25.3M | ||
| Q4 24 | — | $5.7M | ||
| Q3 24 | — | $101.0K | ||
| Q2 24 | — | $-11.0M | ||
| Q1 24 | — | $-19.9M |
自由现金流率HTOPRPL
| Q4 25 | — | -5.5% | ||
| Q3 25 | — | -1.5% | ||
| Q2 25 | — | -6.6% | ||
| Q1 25 | — | -24.3% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | -9.2% | ||
| Q1 24 | — | -16.5% |
资本支出强度HTOPRPL
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 2.8% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | 2.5% |
现金转化率HTOPRPL
| Q4 25 | 3.92× | — | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 2.47× | — | ||
| Q1 25 | 2.61× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.39× | — | ||
| Q2 24 | 2.38× | -330.22× | ||
| Q1 24 | 4.38× | — |
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% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
