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H2O AMERICA（HTO）与LiveRamp Holdings, Inc.（RAMP）财务数据对比。点击上方公司名可切换其他公司
LiveRamp Holdings, Inc.的季度营收约是H2O AMERICA的1.1倍（$212.2M vs $199.4M），LiveRamp Holdings, Inc.净利率更高（18.8% vs 8.1%，领先10.7%），LiveRamp Holdings, Inc.同比增速更快（8.6% vs 1.5%），过去两年H2O AMERICA的营收复合增速更高（15.3% vs 11.1%）
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。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
HTO vs RAMP — 直观对比
营收规模更大
RAMP
是对方的1.1倍
$199.4M
营收增速更快
RAMP
高出7.1%
1.5%
净利率更高
RAMP
高出10.7%
8.1%
两年增速更快
HTO
近两年复合增速
11.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $212.2M |
| 净利润 | $16.2M | $39.9M |
| 毛利率 | — | 71.9% |
| 营业利润率 | 16.6% | 18.6% |
| 净利率 | 8.1% | 18.8% |
| 营收同比 | 1.5% | 8.6% |
| 净利润同比 | -29.2% | 255.7% |
| 每股收益（稀释后） | $0.45 | $0.62 |
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HTORAMP
| Q4 25 | $199.4M | $212.2M | ||
| Q3 25 | $243.5M | $199.8M | ||
| Q2 25 | $197.8M | $194.8M | ||
| Q1 25 | $164.9M | $188.7M | ||
| Q4 24 | $196.5M | $195.4M | ||
| Q3 24 | $216.7M | $185.5M | ||
| Q2 24 | $173.1M | $176.0M | ||
| Q1 24 | $150.0M | $171.9M |
净利润HTORAMP
| Q4 25 | $16.2M | $39.9M | ||
| Q3 25 | $45.1M | $27.4M | ||
| Q2 25 | $24.7M | $7.7M | ||
| Q1 25 | $16.6M | $-6.3M | ||
| Q4 24 | $22.9M | $11.2M | ||
| Q3 24 | $38.7M | $1.7M | ||
| Q2 24 | $20.7M | $-7.5M | ||
| Q1 24 | $11.7M | $-5.4M |
毛利率HTORAMP
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.4% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 72.2% |
营业利润率HTORAMP
| Q4 25 | 16.6% | 18.6% | ||
| Q3 25 | 26.5% | 10.7% | ||
| Q2 25 | 22.2% | 3.7% | ||
| Q1 25 | 21.8% | -6.1% | ||
| Q4 24 | 22.2% | 7.5% | ||
| Q3 24 | 26.9% | 4.0% | ||
| Q2 24 | 23.4% | -3.0% | ||
| Q1 24 | 18.6% | -8.3% |
净利率HTORAMP
| Q4 25 | 8.1% | 18.8% | ||
| Q3 25 | 18.5% | 13.7% | ||
| Q2 25 | 12.5% | 4.0% | ||
| Q1 25 | 10.0% | -3.3% | ||
| Q4 24 | 11.7% | 5.7% | ||
| Q3 24 | 17.8% | 0.9% | ||
| Q2 24 | 12.0% | -4.3% | ||
| Q1 24 | 7.8% | -3.1% |
每股收益（稀释后）HTORAMP
| Q4 25 | $0.45 | $0.62 | ||
| Q3 25 | $1.27 | $0.42 | ||
| Q2 25 | $0.71 | $0.12 | ||
| Q1 25 | $0.49 | $-0.10 | ||
| Q4 24 | $0.70 | $0.17 | ||
| Q3 24 | $1.17 | $0.03 | ||
| Q2 24 | $0.64 | $-0.11 | ||
| Q1 24 | $0.36 | $-0.09 |
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 | $403.4M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $1.5B | $962.3M |
| 总资产 | $5.1B | $1.3B |
| 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HTORAMP
| Q4 25 | $20.7M | $403.4M | ||
| Q3 25 | $11.3M | $376.9M | ||
| Q2 25 | $19.8M | $371.1M | ||
| Q1 25 | $23.7M | $420.8M | ||
| Q4 24 | $11.1M | $384.3M | ||
| Q3 24 | $4.0M | $348.4M | ||
| Q2 24 | $22.8M | $342.7M | ||
| Q1 24 | $4.5M | $368.9M |
总债务HTORAMP
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HTORAMP
| Q4 25 | $1.5B | $962.3M | ||
| Q3 25 | $1.5B | $943.8M | ||
| Q2 25 | $1.5B | $947.8M | ||
| Q1 25 | $1.4B | $948.9M | ||
| Q4 24 | $1.4B | $957.7M | ||
| Q3 24 | $1.3B | $932.1M | ||
| Q2 24 | $1.3B | $951.9M | ||
| Q1 24 | $1.2B | $949.1M |
总资产HTORAMP
| Q4 25 | $5.1B | $1.3B | ||
| Q3 25 | $5.0B | $1.2B | ||
| Q2 25 | $4.8B | $1.2B | ||
| Q1 25 | $4.7B | $1.3B | ||
| Q4 24 | $4.7B | $1.3B | ||
| Q3 24 | $4.6B | $1.2B | ||
| Q2 24 | $4.4B | $1.2B | ||
| Q1 24 | $4.4B | $1.2B |
负债/权益比HTORAMP
| 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 | — |
| 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 | — | 0.1% |
| 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HTORAMP
| Q4 25 | $63.5M | — | ||
| Q3 25 | $77.3M | $57.4M | ||
| Q2 25 | $60.8M | $-15.8M | ||
| Q1 25 | $43.2M | — | ||
| Q4 24 | $41.5M | $45.1M | ||
| Q3 24 | $53.5M | $55.6M | ||
| Q2 24 | $49.3M | $-9.3M | ||
| Q1 24 | $51.2M | — |
自由现金流HTORAMP
| Q4 25 | — | — | ||
| Q3 25 | — | $56.8M | ||
| Q2 25 | — | $-16.2M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $44.8M | ||
| Q3 24 | — | $55.4M | ||
| Q2 24 | — | $-9.6M | ||
| Q1 24 | — | — |
自由现金流率HTORAMP
| Q4 25 | — | — | ||
| Q3 25 | — | 28.4% | ||
| Q2 25 | — | -8.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 22.9% | ||
| Q3 24 | — | 29.8% | ||
| Q2 24 | — | -5.4% | ||
| Q1 24 | — | — |
资本支出强度HTORAMP
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 1.0% |
现金转化率HTORAMP
| Q4 25 | 3.92× | — | ||
| Q3 25 | 1.71× | 2.09× | ||
| Q2 25 | 2.47× | -2.04× | ||
| Q1 25 | 2.61× | — | ||
| Q4 24 | 1.81× | 4.02× | ||
| Q3 24 | 1.39× | 32.10× | ||
| Q2 24 | 2.38× | — | ||
| 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% |
RAMP
暂无分部数据
