Put operating results in leadership context

Review returns on capital, executive background, insider transactions, and growth quality to judge whether management is compounding value well.

Management quality matters because capital allocation choices determine how much of Pure Cycle Corporation earnings power becomes long-term shareholder value. Use this page to compare PCYO returns on capital, executive context, insider transactions, ownership signals, and growth trends against peers, then decide whether leadership appears disciplined, aligned, and capable of compounding through changing market conditions.

Return Metrics

ROE, ROIC & ROA over time

Management

Older years hidden. Sign in to unlock

ROE

9.2%

avg 2.6%

ROIC

3.8%

avg 1.7%

ROA

8.1%

avg 2.0%

Analysis

ROE is currently the strongest return metric at 9.2% versus its period average of 2.6%. 1 of 3 return metrics are above their quality threshold, which helps indicate how efficiently the company turns capital and assets into profit.

Management

Key executives, compensation & ownership

Management

Name	Title	Compensation	Tenure	Age	Shares Owned	Ownership %
Mark W. Harding	President, Chief Executive Officer, Principal Executive Officer & Director	$850,716.00	—	63	$0.00	<0.01%
Marc Stephen Spezialy	Vice President, Chief Financial Officer & Principal Accounting Officer	$327,500.00	—	44	$30,000.00	0.12%
Dirk Lashnits	Vice President of Land Development	—	—	—	—	—
Cyrena Finnegan	Controller	—	—	—	—	—

Insider Trading

SEC Form 4 transactions — last 12 months

Management

Buys

$0.00

Sells

$757,108.22

Net Sentiment

$757,108.22

Net selling

Most Active

Kozlowski Daniel R

1 transactions

Date	Insider	Type	Shares	Price	Value
Nov 17, 2025	Kozlowski Daniel R Indirect	Sell	68.8K	$11.01	$757,108.22

Analysis

Insiders reported 0 buys worth $0.00 and 1 sells worth $757,108.22 over the last 12 months. That adds up to net selling of $757,108.22. Kozlowski Daniel R was the most active insider with 1 transactions.