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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	788.74	748.44	670.36	620.7	573.69	564.53
Revenue Growth (YoY)	12.40%	11.65%	8.00%	8.20%	1.62%	34.26%
Fuel and Purchased Power Expense	309.59	292.02	256.2	232.79	229.08	225.79
Operations and Maintenance Expenses	147.83	137.13	124.39	126.14	113.36	101.9
Gross Profit	331.31	319.29	289.78	261.77	231.24	236.84
Depreciation & Amortization Expenses	113.15	112.86	105.87	104.42	94.4	89.28
Taxes Other than Income Tax	36.38	35.93	34.48	32.57	30.96	29.89
Other Operating Expenses	-	-	-	-	2.21	-
Operating Income	181.78	170.5	149.44	130.98	111.16	117.67
Interest Expense	-	-71.39	-66.14	-58.06	-54.34	-54.26
Other Non-Operating Income (Expense)	-	3.82	7.65	3.21	4.53	6.48
Total Non-Operating Income (Expense)	-	-67.57	-58.49	-54.85	-49.81	-47.78
Pretax Income	113.95	102.94	90.94	82.32	68.85	69.9
Provision for Income Taxes	11.16	8.97	5.96	8.5	8.37	8.38
Net Income	102.8	93.97	84.99	73.83	60.48	61.52
Net Income to Common	102.8	93.97	84.99	73.83	60.48	61.52
Net Income Growth	17.39%	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)	5.15%	3.53%	4.07%	2.31%	3.66%	0.43%
EPS (Basic)	3.06	2.87	2.69	2.44	2.04	2.16
EPS (Diluted)	3.06	2.87	2.68	2.43	2.03	2.14
EPS Growth	12.50%	7.09%	10.29%	19.70%	-5.14%	160.98%
Free Cash Flow	-224.45	-181.71	-122.04	-76.15	-121.82	-108.8
Free Cash Flow Per Share	-6.64	-5.54	-3.85	-2.50	-4.10	-3.79
Dividends Per Share	1.640	1.600	1.520	1.440	1.360	1.280
Dividend Growth	2.50%	5.26%	5.56%	5.88%	6.25%	6.67%
Gross Margin	42.01%	42.66%	43.23%	42.17%	40.31%	41.95%
Operating Margin	23.05%	22.78%	22.29%	21.10%	19.38%	20.84%
Profit Margin	13.03%	12.56%	12.68%	11.89%	10.54%	10.90%
FCF Margin	-28.46%	-24.28%	-18.21%	-12.27%	-21.23%	-19.27%
EBITDA	298.59	285.55	257.57	237.42	207.63	209.29
EBITDA Margin	37.86%	38.15%	38.42%	38.25%	36.19%	37.07%
EBIT	181.78	170.5	149.44	130.98	111.16	117.67
EBIT Margin	23.05%	22.78%	22.29%	21.10%	19.38%	20.84%
Effective Tax Rate	9.79%	8.71%	6.55%	10.32%	12.16%	11.99%

Updated Oct 28, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q