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H2O AMERICA（HTO）与UNITIL CORP（UTL）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UNITIL CORP的1.2倍（$199.4M vs $161.5M），UNITIL CORP净利率更高（11.8% vs 8.1%，领先3.6%），UNITIL CORP同比增速更快（26.7% vs 1.5%），过去两年H2O AMERICA的营收复合增速更高（15.3% vs -4.9%）
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。
Unitil是一家跨州电力与天然气公用事业公司，业务覆盖美国新罕布什尔州、马萨诸塞州与缅因州。公司最早前身是1849年在缅因州成立的波特兰煤气灯公司，现企业主体于1984年设立，总部位于新罕布什尔州。目前公司总市值约6.8651亿美元，为约10.24万电力客户、超7.59万天然气客户提供服务。
HTO vs UTL — 直观对比
营收规模更大
HTO
是对方的1.2倍
$161.5M
营收增速更快
UTL
高出25.2%
1.5%
净利率更高
UTL
高出3.6%
8.1%
两年增速更快
HTO
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $161.5M |
| 净利润 | $16.2M | $19.0M |
| 毛利率 | — | — |
| 营业利润率 | 16.6% | 21.5% |
| 净利率 | 8.1% | 11.8% |
| 营收同比 | 1.5% | 26.7% |
| 净利润同比 | -29.2% | 21.8% |
| 每股收益（稀释后） | $0.45 | $1.05 |
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HTOUTL
| Q4 25 | $199.4M | $161.5M | ||
| Q3 25 | $243.5M | $101.1M | ||
| Q2 25 | $197.8M | $102.6M | ||
| Q1 25 | $164.9M | $170.8M | ||
| Q4 24 | $196.5M | $127.5M | ||
| Q3 24 | $216.7M | $92.9M | ||
| Q2 24 | $173.1M | $95.7M | ||
| Q1 24 | $150.0M | $178.7M |
净利润HTOUTL
| Q4 25 | $16.2M | $19.0M | ||
| Q3 25 | $45.1M | $-300.0K | ||
| Q2 25 | $24.7M | $4.0M | ||
| Q1 25 | $16.6M | $27.5M | ||
| Q4 24 | $22.9M | $15.6M | ||
| Q3 24 | $38.7M | $0 | ||
| Q2 24 | $20.7M | $4.3M | ||
| Q1 24 | $11.7M | $27.2M |
营业利润率HTOUTL
| Q4 25 | 16.6% | 21.5% | ||
| Q3 25 | 26.5% | 6.9% | ||
| Q2 25 | 22.2% | 13.0% | ||
| Q1 25 | 21.8% | 27.0% | ||
| Q4 24 | 22.2% | 22.1% | ||
| Q3 24 | 26.9% | 6.2% | ||
| Q2 24 | 23.4% | 13.0% | ||
| Q1 24 | 18.6% | 24.7% |
净利率HTOUTL
| Q4 25 | 8.1% | 11.8% | ||
| Q3 25 | 18.5% | -0.3% | ||
| Q2 25 | 12.5% | 3.9% | ||
| Q1 25 | 10.0% | 16.1% | ||
| Q4 24 | 11.7% | 12.2% | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | 12.0% | 4.5% | ||
| Q1 24 | 7.8% | 15.2% |
每股收益（稀释后）HTOUTL
| Q4 25 | $0.45 | $1.05 | ||
| Q3 25 | $1.27 | $-0.02 | ||
| Q2 25 | $0.71 | $0.25 | ||
| Q1 25 | $0.49 | $1.69 | ||
| Q4 24 | $0.70 | $0.97 | ||
| Q3 24 | $1.17 | $0.00 | ||
| Q2 24 | $0.64 | $0.27 | ||
| Q1 24 | $0.36 | $1.69 |
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 | $15.6M |
| 总债务越低越好 | $1.9B | $670.5M |
| 股东权益账面价值 | $1.5B | $609.6M |
| 总资产 | $5.1B | $2.1B |
| 负债/权益比越低杠杆越低 | 1.23× | 1.10× |
8季度趋势，按日历期对齐
现金及短期投资HTOUTL
| Q4 25 | $20.7M | $15.6M | ||
| Q3 25 | $11.3M | $14.6M | ||
| Q2 25 | $19.8M | $8.5M | ||
| Q1 25 | $23.7M | $10.2M | ||
| Q4 24 | $11.1M | $6.3M | ||
| Q3 24 | $4.0M | $6.3M | ||
| Q2 24 | $22.8M | $2.8M | ||
| Q1 24 | $4.5M | $6.3M |
总债务HTOUTL
| Q4 25 | $1.9B | $670.5M | ||
| Q3 25 | — | $670.5M | ||
| Q2 25 | — | $640.7M | ||
| Q1 25 | — | $642.1M | ||
| Q4 24 | $1.7B | $643.3M | ||
| Q3 24 | — | $643.3M | ||
| Q2 24 | — | $511.3M | ||
| Q1 24 | — | $512.8M |
股东权益HTOUTL
| Q4 25 | $1.5B | $609.6M | ||
| Q3 25 | $1.5B | $597.2M | ||
| Q2 25 | $1.5B | $532.8M | ||
| Q1 25 | $1.4B | $534.1M | ||
| Q4 24 | $1.4B | $512.5M | ||
| Q3 24 | $1.3B | $502.4M | ||
| Q2 24 | $1.3B | $508.8M | ||
| Q1 24 | $1.2B | $510.8M |
总资产HTOUTL
| Q4 25 | $5.1B | $2.1B | ||
| Q3 25 | $5.0B | $1.9B | ||
| Q2 25 | $4.8B | $1.9B | ||
| Q1 25 | $4.7B | $1.9B | ||
| Q4 24 | $4.7B | $1.8B | ||
| Q3 24 | $4.6B | $1.7B | ||
| Q2 24 | $4.4B | $1.7B | ||
| Q1 24 | $4.4B | $1.7B |
负债/权益比HTOUTL
| Q4 25 | 1.23× | 1.10× | ||
| Q3 25 | — | 1.12× | ||
| Q2 25 | — | 1.20× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | 1.26× | 1.26× | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | 1.00× | ||
| Q1 24 | — | 1.00× |
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 | $21.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-36.3M |
| 自由现金流率自由现金流/营收 | — | -22.5% |
| 资本支出强度资本支出/营收 | — | 35.7% |
| 现金转化率经营现金流/净利润 | 3.92× | 1.13× |
| 过去12个月自由现金流最近4个季度 | — | $-53.8M |
8季度趋势，按日历期对齐
经营现金流HTOUTL
| Q4 25 | $63.5M | $21.4M | ||
| Q3 25 | $77.3M | $15.6M | ||
| Q2 25 | $60.8M | $42.2M | ||
| Q1 25 | $43.2M | $52.1M | ||
| Q4 24 | $41.5M | $23.3M | ||
| Q3 24 | $53.5M | $26.1M | ||
| Q2 24 | $49.3M | $49.9M | ||
| Q1 24 | $51.2M | $26.6M |
自由现金流HTOUTL
| Q4 25 | — | $-36.3M | ||
| Q3 25 | — | $-39.0M | ||
| Q2 25 | — | $2.0M | ||
| Q1 25 | — | $19.5M | ||
| Q4 24 | — | $-32.3M | ||
| Q3 24 | — | $-31.3M | ||
| Q2 24 | — | $13.2M | ||
| Q1 24 | — | $6.4M |
自由现金流率HTOUTL
| Q4 25 | — | -22.5% | ||
| Q3 25 | — | -38.6% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | -25.3% | ||
| Q3 24 | — | -33.7% | ||
| Q2 24 | — | 13.8% | ||
| Q1 24 | — | 3.6% |
资本支出强度HTOUTL
| Q4 25 | — | 35.7% | ||
| Q3 25 | — | 54.0% | ||
| Q2 25 | — | 39.2% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | — | 43.6% | ||
| Q3 24 | — | 61.8% | ||
| Q2 24 | — | 38.3% | ||
| Q1 24 | — | 11.3% |
现金转化率HTOUTL
| Q4 25 | 3.92× | 1.13× | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 2.47× | 10.55× | ||
| Q1 25 | 2.61× | 1.89× | ||
| Q4 24 | 1.81× | 1.49× | ||
| Q3 24 | 1.39× | — | ||
| Q2 24 | 2.38× | 11.60× | ||
| Q1 24 | 4.38× | 0.98× |
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% |
UTL
暂无分部数据
