$56.55
+0.80%H2O America, through its subsidiaries, provides water utility and other related services in the United States. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from Santa Clara Valley Water District. It also offers non-tariffed services, including water system operations, maintenance agreements, and antenna site leases; contracted services, sewer operations, and other water related services; and a Linebacker protection plan for public drinking water customers in Connecticut and Maine. In addition, the company provides water services to approximately 232,000 connections that serve approximately one million people residing in portions of the cities of San Jose and Cupertino and in the cities of Campbell, Monte Sereno, Saratoga and the Town of Los Gatos, and adjacent unincorporated territories in the County of Santa Clara in the State of California; water service to approximately 142,000 service connections, which serve a population of approximately 463,000 people in 81 municipalities with a service area of approximately 275 square miles in Connecticut and Maine and approximately 3,000 wastewater connections in Southbury, Connecticut; approximately 29,000 service connections that serve approximately 88,000 people in a service area comprising more than 271 square miles in the region between San Antonio and Austin, Texas and approximately 1,000 wastewater connections. Further, it owns undeveloped land in California; and commercial properties and parcels of land in Connecticut. The company was formerly known as SJW Group and changed its name to H2O America in May 2025. H2O America was incorporated in 1985 and is headquartered in San Jose, California.
Strong gross margins indicate healthy pricing and efficient production or service delivery.
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Strong net margins indicate efficient operations and favorable tax/interest management.
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.
HTO โข NASDAQ
| H2O America Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
800.6M | 748.4M | 670.4M | 620.7M | 573.7M | 564.5M | 420.5M | 397.7M | 389.2M | 339.7M | 305.1M | 319.7M | 276.9M | 261.5M | 239M | 215.6M | 216.1M | 220.3M | 206.6M | 189.2M | |
GROSS PROFIT | ||||||||||||||||||||
(426.5M) | (323.3M) | (281.9M) | (263.5M) | (255.1M) | (248M) | (196.3M) | (187.1M) | (176.5M) | (144M) | (125.6M) | (137.2M) | (134.4M) | (120.6M) | (105.3M) | (99.5M) | (83.5M) | (90.2M) | (86.3M) | (50.1M) | |
374.1M | 425.1M | 388.4M | 357.2M | 318.6M | 316.6M | 224.2M | 210.6M | 212.7M | 195.7M | 179.5M | 182.4M | 142.5M | 140.9M | 133.6M | 116.1M | 132.6M | 130.1M | 120.3M | 139.2M | |
OPERATING INCOME | ||||||||||||||||||||
(193.1M) | (254.6M) | (239M) | (226.2M) | (207.4M) | (198.9M) | (166.7M) | (137.1M) | (110.9M) | (98.3M) | (99.5M) | (89.6M) | (89.1M) | (85.6M) | (79.3M) | (78M) | (103.2M) | (97.2M) | (90.6M) | (92.3M) | |
(151.2M) | (105.8M) | (98.7M) | (95.4M) | (87.3M) | (79.7M) | (66.3M) | (48.9M) | (48.9M) | (41.5M) | (47.1M) | (40.6M) | (43.7M) | (42.8M) | (39.1M) | (38.2M) | (27.7M) | (23.7M) | (22.3M) | (21.1M) | |
181M | 170.5M | 149.4M | 131M | 111.2M | 117.7M | 57.5M | 73.4M | 101.9M | 97.4M | 80M | 92.9M | 53.4M | 55.3M | 54.4M | 38.1M | 29.4M | 32.9M | 29.8M | 46.9M | |
PRE-TAX INCOME | ||||||||||||||||||||
(91.1M) | (71.4M) | (66.1M) | (58.1M) | (54.3M) | (54.3M) | (31.8M) | (24.3M) | (22.9M) | (21.8M) | (22.2M) | (20.8M) | (19.9M) | (20.2M) | (19.7M) | (17.7M) | (16M) | (14.7M) | (13M) | (0.0) | |
-91.1M | -71.4M | -66.1M | -58.1M | -54.3M | -54.3M | -25.3M | -24.2M | -22.9M | -21.8M | -22.2M | -20.8M | -19.9M | -20.2M | -19.7M | -17.7M | -16M | -14.7M | -13M | 0.0 | |
(41.9M) | (148.8M) | (140.3M) | (130.8M) | (120.1M) | (119.2M) | (100.4M) | (88.2M) | (61.9M) | (56.7M) | (52.4M) | (49M) | (45.4M) | (42.8M) | (40.1M) | (39.8M) | (75.5M) | (73.5M) | (68.2M) | (71.2M) | |
-66.1M | -67.6M | -58.5M | -48.7M | -42.3M | -47.8M | -25.4M | -24.6M | -5.4M | -11.1M | -18.8M | -16.1M | -16.9M | -17.4M | -18.9M | 3.1M | -14.2M | -11.4M | -10.4M | 7M | |
114.9M | 102.9M | 90.9M | 82.3M | 68.8M | 69.9M | 32.1M | 48.8M | 96.5M | 86.4M | 61.2M | 76.8M | 36.5M | 37.9M | 35.4M | 41.1M | 15.2M | 21.5M | 19.3M | 53.9M | |
NET INCOME | ||||||||||||||||||||
(12.4M) | (9M) | (6M) | (8.5M) | (8.4M) | (8.4M) | (8.5M) | (10.1M) | (35.4M) | (33.5M) | (23.3M) | (25M) | (14.1M) | (15.5M) | (14.6M) | (16.7M) | (0.0) | (0.0) | (0.0) | (15.3M) | |
102.6M | 94M | 85M | 73.8M | 60.5M | 61.5M | 23.4M | 38.8M | 59.2M | 52.8M | 37.9M | 51.8M | 22.4M | 22.3M | 20.9M | 24.4M | 15.2M | 21.5M | 19.3M | 38.6M |
HTO - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 19, 2026 | May 13, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 29, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 28, 2026 | April 28, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | April 03, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 04, 2026 | March 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 02, 2026 | March 02, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 29, 2025 | December 29, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 15, 2025 | December 09, 2025 | 2025 |
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