Highwater Ethanol, LLC (HEOL)

OTCMKTS · Delayed Price · Currency is USD

14,555

-445 (-2.97%)

At close: Jun 30, 2026

Highwater Ethanol, LLC Financials Overview

Financials in millions USD. Fiscal year is November - October.

Millions USD. Fiscal year is Nov - Oct.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Revenue	145.64	141.17	141.82	199.05	221.37	158.72
Revenue Growth	3.77%	-0.46%	-28.75%	-10.08%	39.48%	63.20%
Gross Profit	18.09	9.61	9.02	19.57	32.93	15.55
Operating Income	19.58	5	4.7	15.36	28.94	12.31
Net Income	30.72	16.33	6.11	16.74	33.33	13.74

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Cash & Investments	22.97	23.45	33.83	41.52	29.79	7.55
Total Debt	0.57	0.64	0.78	1.02	1.3	5.06
Net Cash (Debt)	22.4	22.81	33.05	40.5	28.49	2.49
Net Cash Growth	74.48%	-30.99%	-18.39%	42.17%	1045.56%	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Operating Cash Flow	20.78	3.47	14.13	29.05	45.47	22.41
Capital Expenditures	-4.68	-5.74	-5.52	-1.28	-1.36	-6.83
Free Cash Flow	16.1	-2.27	8.6	27.77	44.11	15.58
Free Cash Flow Growth	1961.03%	-	-69.02%	-37.03%	183.05%	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Gross Margin	12.42%	6.81%	6.36%	9.83%	14.87%	9.79%
Operating Margin	13.44%	3.54%	3.31%	7.72%	13.07%	7.76%
Pretax Margin	21.10%	11.57%	4.31%	8.41%	15.05%	8.66%
Profit Margin	21.10%	11.56%	4.31%	8.41%	15.05%	8.66%
FCF Margin	11.06%	-1.61%	6.07%	13.95%	19.92%	9.82%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 1, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022
Dividend Per Share	1400.000	1700.000	3400.000	3200.000	3800.000
Dividend Per Share Growth	-	-50.00%	6.25%	-15.79%	-
Dividend Yield	9.62%	15.46%	24.20%	25.44%	47.63%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 1, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
PE Ratio	2.25	3.20	12.25	4.97	1.59	2.17
P/FCF Ratio	4.29	-	8.70	3.00	1.20	1.92
PS Ratio	0.47	0.37	0.53	0.42	0.24	0.19