Saturday 10 October 2026 Export all CWCO data to Excel Powerpack

Consolidated Water Co. Ltd.

CWCO Utilities Utilities Regulated Water

Consolidated Water Co. Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $132.1 million, down 1.41% from fiscal 2024. In the quarter to June 2026, revenue fell 2.15%, EPS fell 21.9%, free cash flow grew 39.4% and total debt fell 86.9%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years; insiders bought in the last twelve months.

30.58 0.25 +0.82%

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Market cap: $485.6M
P/E: 29.7×
Fwd P/E: 31.8×
Dividend yield: 1.83%
F-score: 5/9
Altman Z: 12.96
Beneish M: −3.17
Dividend safety: 85/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.19

Total sells 1.16

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	1	—	—	—	—	—	—	—
Sell	3	1	—	—	—	—	—	—	—	1	1	—

Insider Ownership 5.44%

Capital & Financial Ratios $m

Market Cap 485.59

Revenue 127.61

Net Income 16.78

Free Cash Flow 30.37

Net Debt (132.61)

Current Ratio 5.95

Debt/Equity 0.00

P/E ratio 29.67

Fwd P/E 31.80

P/S ratio 3.83

P/B ratio 2.12

Past 5Y EPS Growth 36.56%

This Y EPS Growth (21.55%)

Next Y EPS Growth 49.45%

Next Y revenue growth (3.46%)

Next 5Y EPS Growth 15.60%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 48.86%

10-year low 10-year high

P/S against its own 10 years 92.36%

10-year low 10-year high

P/B against its own 10 years 84.45%

10-year low 10-year high

EV/Sales against its own 10 years 78.91%

10-year low 10-year high

EV/FCF against its own 10 years 28.36%

10-year low 10-year high

Dividends

Payout Ratio 0.56

Annual Dividend Rate 0.56

Annual Dividend Yield 1.83%

	total	individual payouts
2026	0.56	0.14 0.14 0.14 0.14
2025	0.50	0.11 0.11 0.14 0.14
2024	0.30	0.10 0.10 0.11
2023	0.36	0.09 0.09 0.10 0.10
2022	0.34	0.09 0.09 0.09 0.09
2021	0.34	0.09 0.09 0.09 0.09
2020	0.34	0.09 0.09 0.09 0.09
2019	0.34	0.09 0.09 0.09 0.09
2018	0.51	0.09 0.09 0.09 0.09 0.09 0.09
2017	0.23	0.08 0.08 0.08
2016	0.30	0.08 0.08 0.08 0.08

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	43	99	124	133
Receivables	38	40	33	29
Inventory	6	9	4	4
Other	22	4	3	3
	113	158	170	174

	2023	2024	2025	Q'26
Payables	12	9	10	11
ST’ Debt	0	0	0	0
Other	9	12	15	15
	24	25	28	29

Compound Annual Growth %

	10y	5y	3y
Sales	8.74%	12.70%	11.96%
Cash Flow	9.19%	19.20%	25.05%
Earnings	9.31%	37.70%	46.33%
Book Value	4.34%	6.05%	10.55%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	30	33	—	—	—
’25	34	34	35	30	132
’24	40	32	33	28	134
’23	33	44	50	53	180
’22	20	21	25	28	94
’21	17	17	16	17	67
’20	21	19	18	15	73

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	7	12	—	—	—
’25	12	9	15	6	42
’24	6	21	10	(1)	37
’23	5	0	3	0	8
’22	5	9	3	6	21
’21	1	0	3	3	7
’20	0	4	7	7	17

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	5	9	—	—	—
’25	10	6	14	3	33
’24	5	20	9	(4)	30
’23	4	(2)	2	(1)	3
’22	4	8	1	1	14
’21	1	0	3	2	6
’20	(1)	4	6	7	16

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.23	0.24	—	—	—
’25	0.30	0.32	0.34	0.19	1.14
’24	0.40	0.99	0.28	0.10	1.77
’23	0.24	0.46	0.54	0.63	1.86
’22	0.11	0.15	0.02	0.13	0.38
’21	0.06	(0.11)	0.02	0.10	0.06
’20	0.19	(0.07)	0.09	0.04	0.24

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	9.80	10.00	10.76	11.15	10.01	10.36	9.01	13.66	23.55	22.69	Analyst estimates 2026–2028 Powerpack
	High	14.69	13.95	15.35	17.87	18.83	15.37	20.58	38.29	36.20	38.36
People
People	Employees	117	120	108	105	102	197	223	293	307	293
	Revenue/emp, $m	0.49	0.49	0.61	0.66	0.71	0.34	0.42	0.62	0.44	0.45
Income, $m
Income, $m	Revenue	58	59	66	69	73	67	94	180	134	132
	Gross margin, %	41.90	40.42	40.69	41.10	36.86	35.16	32.26	34.36	34.06	36.63
	EBT	2	4	11	13	9	4	10	38	21	21
	EBT margin, %	3.87	6.40	16.31	18.18	12.98	5.44	10.35	21.08	15.44	16.19
	Net income	3	6	12	14	4	2	7	30	29	19
	Depreciation	9	9	7	7	7	10	6	7	7	8
Per share, $
Per share, $	Revenue	3.91	3.99	4.39	4.58	4.80	4.39	6.15	11.45	8.46	8.29
	Earnings	0.27	0.41	0.75	0.81	0.24	0.06	0.38	1.88	1.78	1.15
	Cash flow	0.53	1.02	0.60	1.01	1.15	0.46	1.40	0.51	2.31	2.62
	Capex	(0.20)	(0.30)	(1.08)	(0.20)	(0.11)	(0.09)	(0.49)	(0.32)	(0.39)	(0.53)
	Free cash flow	0.33	0.71	(0.47)	0.81	1.03	0.36	0.91	0.19	1.91	2.09
	Book value	10.41	10.47	10.94	11.84	11.18	10.89	10.97	12.19	13.60	14.24
	Shares, m	15	15	15	15	15	15	15	16	16	16
Valuation, ×
Valuation, ×	P/E	40.19	30.00	15.17	19.79	48.22	164.45	35.69	18.68	14.46	30.40
	P/S	2.78	3.16	2.65	3.56	2.51	2.42	2.36	3.09	3.06	4.25
	P/B	1.04	1.20	1.07	1.38	1.08	0.98	1.33	2.90	1.90	2.48
	EV/Sales	2.10	2.40	2.18	2.95	1.91	1.78	1.83	2.85	2.32	3.32
	EV/FCF	24.74	13.42	(20.15)	16.73	8.87	21.59	12.43	174.60	10.27	13.17
Cash, $m
Cash, $m	Operating cash flow	8	15	9	15	17	7	21	8	37	42
	Capex	(3)	(5)	(16)	(3)	(2)	(1)	(7)	(5)	(6)	(8)
	Free cash flow	5	11	(7)	12	16	6	14	3	30	33
Balance, $m
Balance, $m	Working capital	54	59	54	65	66	69	70	89	133	142
	Total debt	—	1	—	0	0	0	0	0	0	0
	Net debt	(39)	(45)	(31)	(42)	(44)	(43)	(50)	(42)	(99)	(124)
	Shareholders’ equity	154	156	164	178	169	166	168	192	215	227
Returns, %
Returns, %	ROA	2.44	3.73	6.68	6.67	1.99	0.49	3.16	14.37	12.22	7.31
	ROIC	1.16	1.28	3.76	5.39	4.16	1.02	4.94	15.53	9.84	11.14
	ROE	2.62	3.96	7.06	7.12	2.13	0.52	3.51	16.45	13.86	8.29

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CWT California Water Service Group	$2.8B	20.6×	18.7×	+16.47% (above 0%: growing)	+32.39% (above 0%: growing)	−18.32% (below 0%: shrinking)	70.24%	22.97%	Compare
HTO H2O America	$2.4B	20.5×	20.4×	+6.16% (above 0%: growing)	−9.86% (below 0%: shrinking)	+14.08% (above 0%: growing)	59.39%	20.31%	Compare
MSEX Middlesex Water Company	$1.0B	20.6×	21.2×	+14.26% (above 0%: growing)	+31.67% (above 0%: growing)	−22.41% (below 0%: shrinking)	100.00%	32.35%	Compare
YORW The York Water Company	$502.6M	19.3×	18.9×	+22.48% (above 0%: growing)	+40.00% (above 0%: growing)	+111.16% (above 0%: growing)	100.00%	41.71%	Compare
CWCO Consolidated Water Co. Ltd.	$485.6M	29.7×	31.8×	−2.15% (below 0%: shrinking)	−21.88% (below 0%: shrinking)	+39.37% (above 0%: growing)	33.35%	11.39%
ARTNA Artesian Resources Corporation	$346.8M	14.6×	16.7×	+7.41% (above 0%: growing)	+4.92% (above 0%: growing)	+68.43% (above 0%: growing)	100.00%	28.09%	Compare
CDZI Cadiz, Inc.	$298.1M	— (loss-making)	— (loss-making)	−76.27% (below 0%: shrinking)	n/m	−66.49% (below 0%: shrinking)	(2.45%)	(902.45%)	Compare
PCYO Pure Cycle Corporation	$265.1M	18.2×	25.8×	+59.96% (above 0%: growing)	+33.33% (above 0%: growing)	+492.06% (above 0%: growing)	52.12%	25.71%	Compare
GWRS Global Water Resources, Inc.	$235.0M	74.1×	121×	+24.76% (above 0%: growing)	+66.67% (above 0%: growing)	+89.60% (above 0%: growing)	74.36%	25.36%	Compare
Median of peers	$424.7M	20.5×	20.4×	+15.37%	+32.39%	+41.26%	72.30%	25.53%

All 13 Utilities Regulated Water stocks →

Consolidated Water Co. Ltd. (CWCO) key facts

Concern: Consolidated Water Co. Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $132.1 million, down 1.41% from fiscal 2024.
Concern: Net income was $18.9 million, or $1.15 per share (basic), a net margin of 13.9%.
Consolidated Water Co. Ltd. (CWCO) is an Utilities Regulated Water company in the Utilities sector, listed on Nasdaq.
As of October 9, 2026, CWCO traded at $30.58, a market capitalization of $485.6 million.
At that price the stock trades at 29.7× trailing-twelve-month earnings and 3.8× sales; its P/E is higher than 49% of its own readings over the past ten years.
Consolidated Water Co. Ltd. pays an annual dividend of $0.56 per share, a yield of 1.83%, with a payout ratio of 55.9%.
Return on equity was 8.29% and debt-to-equity 0.00.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 12.96 (safe zone) for fiscal 2025.