H2O AMERICA HTO

Latest FY: 2025 Utilities Utilities - Regulated Water
Market Price $63.83
Market Cap $2.65B
P/E Ratio 21.86
Quick Peer Compare (Utilities):
Revenue (FY 2025) ↑9.4% YoY
$805.59M
3-Yr CAGR: 11.1%
Net Income ↑9.2% YoY
$102.58M
Net Margin: 12.7%
Free Cash Flow ↓-50.2% YoY
-$278.10M
FCF Yield: -10.50%
EPS (Diluted) ↑1.7% YoY
$2.92
Basic: $2.93
Return on Equity Efficiency
6.7%
ROA: 2.0%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (HTO)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $339.7M $319.5M $52.8M $2.57 $114.1M
FY 2017 $389.2M +14.6% $366.6M $59.2M +12.0% $2.86 +11.3% $101.1M
FY 2018 $389.3M +0.0% $365.0M $38.8M -34.5% $1.82 -36.4% $91.3M
FY 2019 $447.7M +15.0% $415.9M $23.4M -39.6% $0.82 -54.9% $130.0M
FY 2020 $549.3M +22.7% $495.0M $61.5M +162.9% $2.14 +161.0% $104.1M
FY 2021 $559.6M +1.9% $505.2M $60.5M -1.7% $2.03 -5.1% $130.0M
FY 2022 $586.9M +4.9% $528.9M $73.8M +22.1% $2.43 +19.7% $166.2M $-78.0M
FY 2023 $678.2M +15.5% $612.0M $85.0M +15.1% $2.68 +10.3% $190.8M $-99.9M -28.0%
FY 2024 $736.3M +8.6% $664.9M $94.0M +10.6% $2.87 +7.1% $195.5M $-185.1M -85.3%
FY 2025 $805.6M +9.4% $733.0M $102.6M +9.2% $2.92 +1.7% $244.8M $-278.1M -50.2%
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Valuation

Market Price $63.83
Market Cap $2.65B
Enterprise Value $4.52B
P/E Ratio 21.86
P/B Ratio 1.73
FCF Yield -10.50%
Dividend Yield N/A
Shares Outstanding 41,840,200
%

Profitability & Margins

Gross Margin 90.99%
Operating Margin 22.04%
Net Margin 12.73%
Return on Equity (ROE) 6.66%
Return on Assets (ROA) 1.99%
Asset Turnover 0.16x
Revenue 3-Yr CAGR 11.13%
🛡️

Financial Health & Liquidity

Current Ratio 0.70
Cash Ratio 0.08
Debt / Equity 1.227
Debt / Assets 0.367
Cash & Equivalents $20.69M
Total Debt $1.89B
Book Value / Share $36.83
💧

Cash Flow Efficiency

Operating Cash Flow $244.80M
Capital Expenditures (CapEx) $522.90M
Free Cash Flow -$278.10M
OCF / Revenue 30.39%
FCF / Revenue -34.52%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $2.92
EPS (Basic) $2.93
Dividends / Share N/A
Book Value / Share $36.83
EPS YoY Growth 1.74%
🏛️

Balance Sheet (FY 2025)

Total Assets $5.15B
Total Liabilities N/A
Stockholders' Equity $1.54B
Current Assets $190.59M
Current Liabilities $273.38M