H2O America (HTO)
NASDAQ: HTO · Real-Time Price · USD
62.20
+1.12 (1.83%)
At close: Aug 4, 2026, 4:00 PM EDT
62.69
+0.49 (0.79%)
Pre-market: Aug 5, 2026, 6:05 AM EDT

H2O America Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
828.5800.59748.44670.36620.7573.69
Revenue Growth
5.04%6.97%11.65%8.00%8.20%1.62%
Gross Profit
338.64330.54319.29289.78261.77231.24
Operating Income
177.95177.53170.5149.44130.98111.16
Net Income
106.95102.5893.9784.9973.8360.48
Earnings Per Share
2.832.922.872.682.432.03
EPS Growth
-7.21%1.74%7.09%10.29%19.70%-5.14%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22
Water Utility Services
801.33787.1732.58652.05603
Other Services
14.9513.4915.8618.3217.7
Total
816.28800.59748.44670.36620.7

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
104.10.181.319.7212.3412.12
Total Debt
1,891568.83560.431,7471,6561,595
Net Cash (Debt)
-1,787-568.66-559.12-1,737-1,644-1,583
Net Cash Growth
------
Net Cash Per Share
-46.71-16.20-17.06-54.87-54.02-53.23

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
245.23244.8195.53190.83166.2130.04
Capital Expenditures
-517.79-519.75-377.21-288.63-241.72-251.03
Free Cash Flow
-272.56-274.95-181.68-97.8-75.52-120.99
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
40.87%41.29%42.66%43.23%42.17%40.31%
Operating Margin
21.48%22.17%22.78%22.29%21.10%19.38%
Pretax Margin
14.31%14.36%13.75%13.57%13.26%12.00%
Profit Margin
12.91%12.81%12.56%12.68%11.89%10.54%
FCF Margin
-32.90%-34.34%-24.27%-14.59%-12.17%-21.09%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.7601.6801.6001.5201.4401.360
Dividend Per Share Growth
4.82%5.00%5.26%5.56%5.88%6.25%
Dividend Yield
2.83%3.42%3.24%2.32%1.77%1.85%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
22.2916.7817.1524.3833.4136.06
Forward PE
24.2716.6417.0323.9127.1334.46
PS Ratio
3.142.212.213.124.033.85