Highwater Ethanol, LLC (HEOL)

OTCMKTS · Delayed Price · Currency is USD

18,000

0.00 (0.00%)

Oct 8, 2026, 9:40 AM EDT

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	Jul '26 Jul 31, 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	149.87	141.17	141.82	199.05	221.37	158.72
Revenue Growth	8.79%	-0.46%	-28.75%	-10.08%	39.48%	63.20%
Gross Profit	23.1	9.61	9.02	19.57	32.93	15.55
Operating Income	17.05	5	4.7	15.36	28.94	12.31
Net Income	39.88	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	Jul '26 Jul 31, 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	34.88	23.45	33.83	41.52	29.79	7.55
Total Debt	0.53	0.64	0.78	1.02	1.3	5.06
Net Cash (Debt)	34.34	22.81	33.05	40.5	28.49	2.49
Net Cash Growth	160.75%	-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	Jul '26 Jul 31, 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	34.52	3.47	14.13	29.05	45.47	22.41
Capital Expenditures	-6.79	-5.74	-5.52	-1.28	-1.36	-6.83
Free Cash Flow	27.72	-2.27	8.6	27.77	44.11	15.58
Free Cash Flow Growth	-	-	-69.02%	-37.03%	183.05%	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 31, 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	15.42%	6.81%	6.36%	9.83%	14.87%	9.79%
Operating Margin	11.37%	3.54%	3.31%	7.72%	13.07%	7.76%
Pretax Margin	26.61%	11.57%	4.31%	8.41%	15.05%	8.66%
Profit Margin	26.61%	11.56%	4.31%	8.41%	15.05%	8.66%
FCF Margin	18.50%	-1.61%	6.07%	13.95%	19.92%	9.82%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct '26 Oct 9, 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	7.78%	15.46%	24.20%	25.44%	47.63%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 9, 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	2.14	3.20	12.25	4.97	1.59	2.17
P/FCF Ratio	3.08	-	8.70	3.00	1.20	1.92
PS Ratio	0.57	0.37	0.53	0.42	0.24	0.19