HTO
H2O America
HTO's fundamentals are mixed: it turned 30% of its revenue into free cash flow, but its operating margin fell 3 points to 21%. At 24x earnings, it's trading below its usual 28x. Analysts expect earnings to hold roughly steady.
OKLO
Oklo Inc.
There isn't enough reported data to score OKLO yet.
HTO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Weak |
HTO's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is weak.
OKLO Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Unavailable | |
| Unavailable |
OKLO's profitability is currently weak. There isn't enough data to rate its revenue, cash flow and balance sheet.
HTO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $47.90 | -21% |
| Forward | 22x | $60.92 | — |
| Current | 24x | $60.92 | — |
| Fair | 28x | $70.38 | +16% |
| Expensive | 44x | $112 | +85% |
Historical ranges are pointers, not guarantees.
HTO's PE is in its fair range at 24x. On analysts' estimates for next year's earnings, today's price would be 22x.
OKLO PE Valuation
OKLO has no meaningful PE right now: it lost money over the past year.
HTO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Growth | |
| Weakening | |
| Limited | |
| Moderate |
Analysts expect HTO's revenue to grow, but its profitability to weaken.
OKLO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect OKLO's losses to grow, with revenue growing. However, they disagree widely on these estimates.
HTO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.80 | +9.7% |
| Q3 2026 | $2.55 | -20% |
| Q2 2026 | $2.83 | -7.8% |
| Q1 2026 | $2.92 | -2.7% |
| Q4 2025 | $2.92 | +1.7% |
| Q3 2025 | $3.17 | +14% |
| Q2 2025 | $3.07 | +12% |
| Q1 2025 | $3.00 | +12% |
| Q4 2024 | $2.87 | +7.1% |
HTO has the edge over OKLO in the latest year-over-year earnings comparison.
OKLO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.96 | -$0.43 |
| Q2 2026 | -$0.94 | -$0.53 |
| Q1 2026 | -$0.84 | -$0.32 |
OKLO lost $0.96 per share over the past year, a bigger loss than the year before.
HTO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $250.2M | +4% |
| Q2 2026 | $210.5M | +6.2% |
| Q1 2026 | $183.3M | +9.4% |
| Q4 2025 | $194.2M | -1.8% |
| Q3 2025 | $240.6M | +6.9% |
| Q2 2025 | $198.3M | +13% |
| Q1 2025 | $167.6M | +12% |
| Q4 2024 | $197.8M | +15% |
HTO's revenue is growing: $250M last quarter, up 4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 24% | -2.7 points |
| Q2 2026 | 20% | -1.8 points |
| Q1 2026 | 20% | -1 points |
| Q4 2025 | 17% | -5 points |
| Q3 2025 | 27% | +0.9 points |
| Q2 2025 | 22% | -0.9 points |
| Q1 2025 | 21% | +2.7 points |
| Q4 2024 | 22% | +0.8 points |
HTO has the edge over OKLO on profitability, with a higher operating margin.
OKLO Quarterly Revenue
OKLO and HTO do not have enough comparable growth data to identify a winner.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -3816% | N/A |
| Q2 2026 | -6049% | N/A |
HTO has the edge over OKLO on profitability, with a higher operating margin.
HTO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $80.2M | +3.9% |
| Q2 2026 | $60.7M | -0.2% |
| Q1 2026 | $43.7M | +1.2% |
| Q4 2025 | $63.5M | +53% |
| Q3 2025 | $77.3M | +44% |
| Q2 2025 | $60.8M | +23% |
| Q1 2025 | $43.2M | -16% |
| Q4 2024 | $41.5M | +32% |
HTO has the edge over OKLO on cash generation, producing positive trailing cash flow while its opponent burns cash.
OKLO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$199.5M | -$176.4M |
| Q2 2026 | -$141.7M | -$122.3M |
| Q1 2026 | -$50.7M | -$38.1M |
| Q4 2025 | -$60.4M | -$46.8M |
| Q3 2025 | -$23.1M | -$15.1M |
OKLO has burned cash in almost every quarter: −$452M over the past year, against −$69M the year before.
HTO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.4% | +613K shares |
| 1 year | +22% | +7.8M shares |
| 3 years | +36% | +11.5M shares |
| 5 years | +45% | +13.5M shares |
| Available history | +52% | +14.9M shares |
HTO has the edge over OKLO on shareholder dilution, with a more favorable share count trend.
OKLO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7% | +12.4M shares |
| 1 year | +25% | +38.2M shares |
OKLO has 189M diluted shares, up 25% from a year ago.
HTO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.3x | High |
| Q2 2026 | 5.8x | High |
| Q1 2026 | 5.7x | High |
| Q4 2025 | 6.3x | High |
| Q3 2025 | 5.8x | High |
| Q2 2025 | 5.7x | High |
| Q1 2025 | 5.7x | High |
| Q4 2024 | 6.0x | High |
HTO's net debt is about 4.3 years of its operating earnings (EBITDA), down from 5.8 years a year ago.
OKLO Net Leverage
OKLO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
HTO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.9 | Neutral |
| Stochastic | 57.9 | Neutral |
HTO's weekly RSI is 52 (neutral) and its Stochastic is 58 (neutral).
OKLO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.2 | Neutral |
| Stochastic | 13.1 | Oversold |
OKLO's weekly RSI is 30 (neutral) and its Stochastic is 13 (oversold).
HTO PE vs Utilities Sector
| Metric | HTO | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 20x | 17% above |
| PE % | 46 | 44 | 2 pts above |
HTO is trading at 24x earnings, a 17% premium to the Utilities sector's median of 20x.
OKLO PE vs Utilities Sector
OKLO has no meaningful PE right now: it lost money over the past year.
HTO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $60.1 | 1.3% above |
| 20 week MA | $61.9 | 1.6% below |
| 50 week MA | $57.9 | 5.2% above |
| 100 week MA | $54.3 | 12% above |
| 200 week MA | $59.0 | 3.3% above |
HTO has the edge over OKLO on trend strength, trading above more of its moving averages.
OKLO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.5 | 17% below |
| 20 week MA | $37.4 | 35% below |
| 50 week MA | $56.6 | 57% below |
| 100 week MA | $59.4 | 59% below |
| 200 week MA | $35.2 | 31% below |
OKLO is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.
HTO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $71.6 | $67.1 | -6.3% |
| 2021 | $67.1 | $70.3 | +4.7% |
| 2022 | $70.3 | $81.0 | +15% |
| 2023 | $81.0 | $65.4 | -19% |
| 2024 | $65.4 | $49.4 | -24% |
| 2025 | $49.4 | $48.8 | -1.1% |
| 2026 YTD | $48.8 | $60.9 | +25% |
HTO has the edge over OKLO on returns for 2026, with the stronger performance.
OKLO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.1 | $9.79 | -2.6% |
| 2022 | $9.79 | $9.88 | +0.9% |
| 2023 | $9.88 | $10.6 | +6.9% |
| 2024 | $10.6 | $22.8 | +116% |
| 2025 | $22.8 | $76.9 | +238% |
| 2026 YTD | $76.9 | $24.5 | -68% |
OKLO is down 68% so far in 2026, after finishing higher in four of the previous five years.