HTO

H2o America

$61.47 +0.01 (+0.02%) At close · Jul 10

Market Cap

$2.57B

41,840,247

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$800.59M +7%

FY2025

Net Income

$102.58M +9.2%

FY2025

Operating Margin

22.17% -0.6pp

FY2025

Diluted EPS

$2.92 +1.7%

FY2025

Operating Cash Flow

$244.8M +25.2%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	FY2026 (G)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenue	+8.9%	+7.2%	—	—	$816.28M	$800.59M	$748.44M	$670.36M	$620.7M	$573.69M	$564.53M	$420.48M	$397.7M	$389.23M	$339.71M	—	—	—	—	—	—	—
Rental Income	-64.9%	-46.5%	—	—	$232K	$243K	$6.09M	$5.68M	$5.61M	$5.38M	$5.53M	$5.4M	$5.48M	$5.7M	$6.72M	—	—	—	—	—	—	—
General & Administrative	+9.7%	+9.6%	+10.3%	—	$128.05M	$126M	$105.83M	$98.66M	$95.4M	$87.33M	$79.74M	$66.3M	$48.93M	$48.94M	$41.53M	$47.13M	$40.57M	$43.71M	$42.81M	$39.14M	$38.18M	$35.45M
Amortization of Intangibles	-34.3%	-4.8%	+9.2%	—	—	$1.1M	$1.43M	$1.31M	$3.87M	$1.55M	$1.4M	$745K	$647K	$616K	$530K	$453K	$364K	$354K	$340K	$340K	$335K	—
Depreciation & Amortization	+4.2%	+5.6%	+11.0%	—	—	$120.49M	$115.05M	$108.14M	$106.44M	$96.47M	$91.62M	$68.49M	$56.91M	$50.5M	$46.3M	$42.33M	$39.49M	$36.6M	$34.63M	$32.71M	$29.76M	$27.02M
Impairment of Real Estate	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$0	$0	$3.6M	$0
Operating Income	+10.7%	+8.6%	+8.3%	—	$179.06M	$177.53M	$170.5M	$149.44M	$130.98M	$111.16M	$117.67M	$57.48M	$73.44M	$101.85M	$97.44M	$79.96M	$92.88M	$53.41M	$55.3M	$54.39M	$38.08M	$39.68M
Operating Margin	—	—	—	—	—	22.17%	22.78%	22.29%	21.1%	19.38%	20.84%	13.67%	18.47%	26.17%	28.68%	—	—	—	—	—	—	—
EBITDA	+7.9%	+7.3%	+9.3%	—	—	$298.02M	$285.55M	$257.57M	$237.42M	$207.63M	$209.29M	$125.97M	$130.35M	$152.35M	$143.73M	$122.29M	$132.37M	$90M	$89.93M	$87.1M	$67.83M	$66.7M
Interest Expense	+6.8%	+22.1%	—	—	$70.63M	—	—	$66.14M	$58.06M	$54.34M	$54.26M	$31.8M	$24.33M	$22.93M	—	—	—	—	—	—	—	—
Other Non-Operating Income	-6.8%	-9.7%	+10.4%	—	$4.63M	$3.55M	$55K	$8.88M	$4.39M	$10.7M	$5.91M	$2.09M	$2.35M	$1.94M	$1.49M	$1.32M	$1.93M	$1.73M	$1.6M	$490K	$603K	$443K
Gain on Sales of Real Estate	—	—	+10.9%	—	—	—	—	$3M	$0	$3M	$0	$0	$0	$6.9M	$10.42M	$1.89M	$554K	$1.06M	$910K	$0	$0	—
Pretax Income	+11.8%	+10.5%	+6.5%	—	$117.32M	$114.93M	$102.94M	$90.94M	$82.32M	$68.85M	$69.9M	$32.08M	$48.83M	$96.49M	$86.38M	$61.15M	$76.78M	$36.52M	$37.86M	$35.44M	$41.15M	$25.45M
Income Tax	+13.3%	+8.1%	-6.1%	—	$12.28M	$12.36M	$8.97M	$5.96M	$8.5M	$8.37M	$8.38M	$8.45M	$10.07M	$35.39M	$33.54M	$23.27M	$24.97M	$14.14M	$15.54M	$14.57M	$16.74M	$10.28M
Net Income	+11.6%	+10.8%	+10.5%	—	$105.04M	$102.58M	$93.97M	$84.99M	$73.83M	$60.48M	$61.52M	$23.4M	$38.77M	$59.2M	$52.84M	$37.88M	$51.81M	$22.38M	$22.32M	$20.88M	$24.41M	$15.17M
Net Margin	—	—	—	—	—	12.81%	12.56%	12.68%	11.89%	10.54%	10.9%	5.57%	9.75%	15.21%	15.55%	—	—	—	—	—	—	—
Net Income Attributable to Noncontrolling Interests	—	—	—	—	—	—	—	—	—	$0	$0	$224K	$0	$1.9M	$0	$0	—	—	—	—	—	—
Comprehensive Income	+10.6%	+11.1%	+10.5%	—	$104.55M	$102.09M	$94.14M	$85.3M	$75.47M	$61.38M	$60.33M	$23.53M	$38.77M	$59.88M	$52.05M	$37.68M	$50.94M	$23.46M	$22.35M	$20.79M	$13.58M	$8.94M
EPS (Basic) USD/shares	+6.3%	+6.3%	+4.6%	—	—	$2.93	$2.87	$2.69	$2.44	$2.04	$2.16	$0.82	$1.83	$2.89	$2.59	$1.86	$2.56	$1.13	$1.20	$1.12	$1.32	$0.82
EPS (Diluted) USD/shares	+6.3%	+6.4%	+4.7%	$3.08 – $3.18	—	$2.92	$2.87	$2.68	$2.43	$2.03	$2.14	$0.82	$1.82	$2.86	$2.57	$1.85	$2.54	$1.12	$1.18	$1.11	$1.30	$0.81
Shares Outstanding (Basic Avg) shares	+4.9%	+4.2%	+5.6%	—	—	35M	32.7M	31.58M	30.3M	29.6M	28.52M	28.44M	21.21M	20.51M	20.44M	20.36M	20.23M	19.77M	18.64M	18.58M	18.53M	18.49M
Shares Outstanding (Diluted Avg) shares	+4.9%	+4.1%	+5.5%	—	—	35.1M	32.78M	31.66M	30.42M	29.74M	28.69M	28.56M	21.33M	20.69M	20.59M	20.52M	20.42M	19.97M	18.84M	18.79M	18.74M	18.68M

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2025: $470.37M in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

5.26×

Utilities - Regulated Water median 7.54×

EV/EBIT

23.98×

Utilities - Regulated Water median 23.98×

P/E (TTM)

21.05×

Utilities - Regulated Water median 22.92×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Water Utility Services	$787,099,000	$732,580,000	$652,045,000	—
Water Utility Services	—	$732,580,000	$652,045,000	$603,000,000

Key facts CIK 766829 CUSIP 784305104 13F (30d) 19 filings 11 filers Visit website Investor relations