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NASDAQ · Utilities

H2O America (HTO)

H2O America brought in $821.3M of revenue over the twelve months to March 31, 2026, up 7.2% from a year earlier. Net income was $105M, a net margin of 12.8%. At March 31, 2026 it held $153M in cash against $1.9B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 28, 2026.

Price
$62.27
+0.15% on the day · September 25, 2026
52-week range $43.75 to $67.09
Market cap
$2.6B
Revenue (last 12 months)
$821.3M
+7.2% year on year
Net margin
12.8%
P/E
21.3
on FY2025 diluted EPS

What H2O America does

H2O America is registered with the SEC under industry code SIC 4941 (Water Supply). Its shares trade on NASDAQ under the ticker HTO.

Revenue and profit by year

Revenue
FY18: $397.7M $397.7M FY18FY19: $447.7M $447.7M FY19FY20: $564.5M $564.5M FY20FY21: $573.7M $573.7M FY21FY22: $620.7M $620.7M FY22FY23: $678.2M $678.2M FY23FY24: $748.4M $748.4M FY24FY25: $805.6M $805.6M FY25
Net income
FY18: $38.8M $38.8M FY18FY19: $23.4M $23.4M FY19FY20: $61.5M $61.5M FY20FY21: $60.5M $60.5M FY21FY22: $73.8M $73.8M FY22FY23: $85M $85M FY23FY24: $94M $94M FY24FY25: $102.6M $102.6M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$805.6M$177.5M$102.6M$2.92n/a
2024$748.4M$170.5M$94M$2.87n/a
2023$678.2M$149.4M$85M$2.68n/a
2022$620.7M$131M$73.8M$2.43n/a
2021$573.7M$111.2M$60.5M$2.03n/a
2020$564.5M$117.7M$61.5M$2.14n/a
Next report expected around October 27, 2026.

Estimated from its filing rhythm: 52 weeks after its report of October 28, 2025. Not a date the company has announced. See the report calendar

Where HTO ranks in Utilities

Revenue$805.6M
#83 of 109 in Utilities · Bottom 24%
Revenue growth+7.6%
#71 of 114 in Utilities · Bottom 38%
Net margin12.7%
#48 of 114 in Utilities · Top 42%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Utilities

Dividends

H2O America paid $1.68 per share in fiscal 2025. At the current price that is a yield of 2.70%. It paid out $58.6M in cash dividends, 57% of its net income.

Fiscal yearPer sharePaid outOf profit
2025$1.68$58.6M57%
2024$1.60$52.1M55%
2023$1.52$47.9M56%
2022$1.44$43.6M59%
2021$1.36$40.1M66%
2020$1.28$36.5M59%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What H2O America has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 22, 2026
  2. August 19, 2026
  3. July 28, 2026
  4. July 28, 2026
    Quarterly report 10-Q · period to June 30, 2026
  5. July 27, 2026
  6. June 12, 2026
  7. May 19, 2026
  8. April 29, 2026
    Quarterly report 10-Q · period to March 31, 2026
  9. April 28, 2026
  10. April 27, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 19, 2026. Insider transactions on SEC

Insider trades

What the people running H2O America did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about HTO

What does H2O America do?

H2O America is registered with the SEC under industry code SIC 4941 (Water Supply). Its shares trade on NASDAQ under the ticker HTO.

Is H2O America profitable?

Yes. Over the twelve months to March 31, 2026 it reported net income of $105M on revenue of $821.3M, a net margin of 12.8%.

How much revenue does H2O America make?

Over the twelve months to March 31, 2026 H2O America reported revenue of $821.3M. That is 7.2% more than a year earlier.

When did H2O America last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 28, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the passive stake changed from September 22, 2026.

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Where the numbers come from

Financial figures are the values H2O America tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.