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H2O AMERICA（HTO）与Revolve Group, Inc.（RVLV）财务数据对比。点击上方公司名可切换其他公司
Revolve Group, Inc.的季度营收约是H2O AMERICA的1.6倍（$324.4M vs $199.4M），H2O AMERICA净利率更高（8.1% vs 5.7%，领先2.4%），Revolve Group, Inc.同比增速更快（10.4% vs 1.5%），过去两年H2O AMERICA的营收复合增速更高（15.3% vs 9.5%）
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。
Revolve Theatre Company是总部位于英国泰晤士河畔亨利的剧团，专注于创作演出政治题材和莎士比亚系列戏剧作品，由奥利弗·登奇、乔·莫里斯与汤姆·史密斯共同创立运营。
HTO vs RVLV — 直观对比
营收规模更大
RVLV
是对方的1.6倍
$199.4M
营收增速更快
RVLV
高出9.0%
1.5%
净利率更高
HTO
高出2.4%
5.7%
两年增速更快
HTO
近两年复合增速
9.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $324.4M |
| 净利润 | $16.2M | $18.6M |
| 毛利率 | — | 53.3% |
| 营业利润率 | 16.6% | 6.3% |
| 净利率 | 8.1% | 5.7% |
| 营收同比 | 1.5% | 10.4% |
| 净利润同比 | -29.2% | 50.4% |
| 每股收益（稀释后） | $0.45 | $0.27 |
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HTORVLV
| Q4 25 | $199.4M | $324.4M | ||
| Q3 25 | $243.5M | $295.6M | ||
| Q2 25 | $197.8M | $309.0M | ||
| Q1 25 | $164.9M | $296.7M | ||
| Q4 24 | $196.5M | $293.7M | ||
| Q3 24 | $216.7M | $283.1M | ||
| Q2 24 | $173.1M | $282.5M | ||
| Q1 24 | $150.0M | $270.6M |
净利润HTORVLV
| Q4 25 | $16.2M | $18.6M | ||
| Q3 25 | $45.1M | $21.2M | ||
| Q2 25 | $24.7M | $10.2M | ||
| Q1 25 | $16.6M | $11.8M | ||
| Q4 24 | $22.9M | $12.3M | ||
| Q3 24 | $38.7M | $11.0M | ||
| Q2 24 | $20.7M | $15.4M | ||
| Q1 24 | $11.7M | $10.9M |
毛利率HTORVLV
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 54.6% | ||
| Q2 25 | — | 54.1% | ||
| Q1 25 | — | 52.0% | ||
| Q4 24 | — | 52.5% | ||
| Q3 24 | — | 51.2% | ||
| Q2 24 | — | 54.0% | ||
| Q1 24 | — | 52.3% |
营业利润率HTORVLV
| Q4 25 | 16.6% | 6.3% | ||
| Q3 25 | 26.5% | 7.1% | ||
| Q2 25 | 22.2% | 5.8% | ||
| Q1 25 | 21.8% | 5.0% | ||
| Q4 24 | 22.2% | 3.9% | ||
| Q3 24 | 26.9% | 5.0% | ||
| Q2 24 | 23.4% | 5.8% | ||
| Q1 24 | 18.6% | 3.4% |
净利率HTORVLV
| Q4 25 | 8.1% | 5.7% | ||
| Q3 25 | 18.5% | 7.2% | ||
| Q2 25 | 12.5% | 3.3% | ||
| Q1 25 | 10.0% | 4.0% | ||
| Q4 24 | 11.7% | 4.2% | ||
| Q3 24 | 17.8% | 3.9% | ||
| Q2 24 | 12.0% | 5.4% | ||
| Q1 24 | 7.8% | 4.0% |
每股收益（稀释后）HTORVLV
| Q4 25 | $0.45 | $0.27 | ||
| Q3 25 | $1.27 | $0.29 | ||
| Q2 25 | $0.71 | $0.14 | ||
| Q1 25 | $0.49 | $0.16 | ||
| Q4 24 | $0.70 | $0.18 | ||
| Q3 24 | $1.17 | $0.15 | ||
| Q2 24 | $0.64 | $0.21 | ||
| Q1 24 | $0.36 | $0.15 |
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 | $292.3M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $1.5B | $512.5M |
| 总资产 | $5.1B | $765.0M |
| 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HTORVLV
| Q4 25 | $20.7M | $292.3M | ||
| Q3 25 | $11.3M | $315.4M | ||
| Q2 25 | $19.8M | $310.7M | ||
| Q1 25 | $23.7M | $300.8M | ||
| Q4 24 | $11.1M | $256.6M | ||
| Q3 24 | $4.0M | $252.8M | ||
| Q2 24 | $22.8M | $244.7M | ||
| Q1 24 | $4.5M | $273.4M |
总债务HTORVLV
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HTORVLV
| Q4 25 | $1.5B | $512.5M | ||
| Q3 25 | $1.5B | $490.2M | ||
| Q2 25 | $1.5B | $468.6M | ||
| Q1 25 | $1.4B | $453.4M | ||
| Q4 24 | $1.4B | $437.8M | ||
| Q3 24 | $1.3B | $420.8M | ||
| Q2 24 | $1.3B | $405.8M | ||
| Q1 24 | $1.2B | $389.9M |
总资产HTORVLV
| Q4 25 | $5.1B | $765.0M | ||
| Q3 25 | $5.0B | $751.3M | ||
| Q2 25 | $4.8B | $722.9M | ||
| Q1 25 | $4.7B | $713.9M | ||
| Q4 24 | $4.7B | $665.5M | ||
| Q3 24 | $4.6B | $670.9M | ||
| Q2 24 | $4.4B | $657.8M | ||
| Q1 24 | $4.4B | $650.0M |
负债/权益比HTORVLV
| 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 | $-10.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-13.3M |
| 自由现金流率自由现金流/营收 | — | -4.1% |
| 资本支出强度资本支出/营收 | — | 1.0% |
| 现金转化率经营现金流/净利润 | 3.92× | -0.55× |
| 过去12个月自由现金流最近4个季度 | — | $48.0M |
8季度趋势，按日历期对齐
经营现金流HTORVLV
| Q4 25 | $63.5M | $-10.2M | ||
| Q3 25 | $77.3M | $11.8M | ||
| Q2 25 | $60.8M | $12.6M | ||
| Q1 25 | $43.2M | $45.1M | ||
| Q4 24 | $41.5M | $3.9M | ||
| Q3 24 | $53.5M | $9.1M | ||
| Q2 24 | $49.3M | $-24.7M | ||
| Q1 24 | $51.2M | $38.4M |
自由现金流HTORVLV
| Q4 25 | — | $-13.3M | ||
| Q3 25 | — | $7.5M | ||
| Q2 25 | — | $10.4M | ||
| Q1 25 | — | $43.4M | ||
| Q4 24 | — | $2.1M | ||
| Q3 24 | — | $8.0M | ||
| Q2 24 | — | $-25.7M | ||
| Q1 24 | — | $36.7M |
自由现金流率HTORVLV
| Q4 25 | — | -4.1% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 14.6% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | -9.1% | ||
| Q1 24 | — | 13.5% |
资本支出强度HTORVLV
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.6% |
现金转化率HTORVLV
| Q4 25 | 3.92× | -0.55× | ||
| Q3 25 | 1.71× | 0.56× | ||
| Q2 25 | 2.47× | 1.24× | ||
| Q1 25 | 2.61× | 3.82× | ||
| Q4 24 | 1.81× | 0.32× | ||
| Q3 24 | 1.39× | 0.83× | ||
| Q2 24 | 2.38× | -1.60× | ||
| Q1 24 | 4.38× | 3.53× |
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% |
RVLV
| Fashion Apparel | $155.1M | 48% |
| Dresses | $76.4M | 24% |
| Handbags Shoes And Accessories | $67.6M | 21% |
| Beauty | $20.3M | 6% |
| Manufactured Product Other | $5.0M | 2% |
| Breakage On Store Credit And Gift Cards | $900.0K | 0% |
