H2O America (HTO)

H2O America Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	804.22	748.44	670.36	620.7	573.69	564.53
Revenue Growth (YoY)	11.39%	11.65%	8.00%	8.20%	1.62%	34.26%
Fuel & Purchased Power	18.41	11.46	9.6	8.89	13.51	13.33
Operations & Maintenance	31.21	31.3	25.73	30.73	26.03	22.16
Selling, General & Admin	118.33	102.44	98.66	95.4	87.33	79.74
Depreciation & Amortization	114.49	112.86	105.87	104.42	94.4	89.28
Other Operating Expenses	324.59	312.72	282.3	251.45	245.21	242.72
Total Operating Expenses	607.03	570.77	522.16	490.89	466.48	447.23
Operating Income	197.2	177.67	148.21	129.8	107.21	117.3
Interest Expense	-72.29	-71.39	-66.14	-58.06	-54.34	-54.26
Net Interest Expense	-72.29	-71.39	-66.14	-58.06	-54.34	-54.26
Other Non-Operating Income (Expenses)	3.75	1.02	8.88	4.39	10.7	5.91
EBT Excluding Unusual Items	128.66	107.3	90.94	76.13	63.56	68.95
Total Merger & Restructuring Charges	-3.39	-3.39	-	-	-	-
Gain (Loss) on Sale of Assets	-0.97	-0.97	-	6.2	7.49	0.95
Asset Writedown	-	-	-	-	-2.21	-
Pretax Income	124.3	102.94	90.94	82.32	68.85	69.9
Income Tax Expense	15.02	8.97	5.96	8.5	8.37	8.38
Earnings From Continuing Ops.	109.28	93.97	84.99	73.83	60.48	61.52
Net Income	109.28	93.97	84.99	73.83	60.48	61.52
Net Income to Common	109.28	93.97	84.99	73.83	60.48	61.52
Net Income Growth	21.43%	10.57%	15.12%	22.07%	-1.69%	162.85%
Shares Outstanding (Basic)	34	33	32	30	30	29
Shares Outstanding (Diluted)	34	33	32	30	30	29
Shares Change (YoY)	6.36%	3.53%	4.07%	2.31%	3.63%	0.46%
EPS (Basic)	3.18	2.87	2.69	2.44	2.04	2.16
EPS (Diluted)	3.17	2.87	2.68	2.43	2.03	2.14
EPS Growth	14.49%	7.09%	10.29%	19.70%	-5.14%	160.97%
Free Cash Flow	-229.08	-157.5	-80.94	-52.59	-103.89	-91.27
Free Cash Flow Per Share	-6.64	-4.80	-2.56	-1.73	-3.49	-3.18
Dividend Per Share	1.660	1.600	1.520	1.440	1.360	1.280
Dividend Growth	5.06%	5.26%	5.56%	5.88%	6.25%	6.67%
Profit Margin	13.59%	12.55%	12.68%	11.89%	10.54%	10.90%
Free Cash Flow Margin	-28.48%	-21.04%	-12.07%	-8.47%	-18.11%	-16.17%
EBITDA	316.08	292.72	256.34	236.24	203.68	208.92
EBITDA Margin	39.30%	39.11%	38.24%	38.06%	35.50%	37.01%
D&A For EBITDA	118.88	115.05	108.14	106.44	96.47	91.62
EBIT	197.2	177.67	148.21	129.8	107.21	117.3
EBIT Margin	24.52%	23.74%	22.11%	20.91%	18.69%	20.78%
Effective Tax Rate	12.08%	8.71%	6.55%	10.32%	12.16%	11.99%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q