Saturday 17 October 2026
Export GWRS’s income statement to Excel — free account
Global Water Resources, Inc.
GWRS Utilities Utilities Regulated Water
Global Water Resources, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $55.8 million, up 5.82% from fiscal 2024. In the quarter to June 2026, revenue grew 24.8%, EPS grew 66.7%, free cash flow grew 89.6% and total debt rose 15.4%, each against the same quarter a year earlier. Dividend growth for three consecutive years; insiders bought in the last twelve months.
7.99
0.10
−1.24%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
5 | 7 | 7 | 4 | 7 | 7 | 6 | 7 | 4 | 4 |
P/E ratio |
0.00 | 39.83 | 63.38 | 119.55 | 285.35 | 103.39 | 57.08 | 39.21 | 47.92 | 84.50 |
P/S ratio |
5.83 | 5.75 | 5.84 | 7.98 | 8.40 | 9.23 | 7.10 | 5.87 | 5.28 | 4.10 |
Altman Z-Score |
0.72 | 0.73 | — | — | — | — | — | 0.86 | — | 0.50 |
P/FCF ratio |
0.00 | 0.00 | 31.83 | 746.57 | 59.70 | 181.08 | 0.00 | 100.99 | 0.00 | 0.00 |
Altman Z″-Score (non-manufacturers) |
0.56 | 0.30 | — | — | — | — | — | 0.35 | — | 0.26 |
P/Operating CF |
(636.83) | 62.37 | 183.52 | 727.37 | 113.10 | 75.09 | 88.24 | 113.93 | 46.48 | 84.84 |
Beneish M-Score |
(2.72) | (2.48) | (2.53) | (2.55) | (2.63) | (2.79) | (2.66) | (2.35) | (2.72) | (2.51) |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 8 |
P/B ratio |
11.60 | 12.07 | 7.45 | 11.47 | 10.08 | 12.88 | 7.15 | 6.40 | 5.85 | 2.64 |
Price to Tangible BV |
78.42 | 85.91 | 16.93 | 36.65 | 19.78 | 27.71 | 10.84 | 10.74 | 8.68 | 3.08 |
EV/Sales |
8.98 | 9.24 | 8.71 | 11.00 | 10.90 | 11.62 | 9.42 | 7.86 | 7.46 | 6.49 |
EV/EBITDA |
21.38 | 20.18 | 18.37 | 25.34 | 25.52 | 29.41 | 23.49 | 17.34 | 17.50 | 16.06 |
EV/Operating CF |
141.27 | 25.86 | 27.36 | 33.74 | 28.91 | 23.89 | 18.05 | 16.42 | 18.05 | 17.94 |
EV/FCF |
(40.00) | (29.65) | 47.45 | 1,029.60 | 77.49 | 227.96 | (39.57) | 135.33 | (37.31) | (7.67) |
Quick Ratio |
2.19 | 1.00 | 1.74 | 1.15 | 1.81 | 1.01 | 0.69 | 0.65 | 0.69 | 0.58 |
Current Ratio |
2.27 | 1.08 | 1.81 | 1.22 | 1.89 | 1.12 | 0.87 | 0.82 | 0.87 | 0.76 |
Net Debt/EBITDA |
7.50 | 7.63 | 6.05 | 6.96 | 5.86 | 6.05 | 5.79 | 4.40 | 5.11 | 5.92 |
Debt/Assets |
47.88% | 47.94% | 43.65% | 43.13% | 40.46% | 38.35% | 34.17% | 30.16% | 30.58% | 28.46% |
Debt/Equity |
7.63 | 7.70 | 4.11 | 4.65 | 3.56 | 3.76 | 2.49 | 2.24 | 2.60 | 1.59 |
Asset Turnover |
0.13 | 0.13 | 0.14 | 0.13 | 0.14 | 0.15 | 0.14 | 0.16 | 0.14 | 0.13 |
Operating CF/Net income |
(0.75) | 2.45 | 3.64 | 5.20 | 13.18 | 5.65 | 4.24 | 3.18 | 3.76 | 6.82 |
Capex/Depreciation |
(1.28) | (3.00) | (0.63) | (1.33) | (1.00) | (1.90) | (3.36) | (1.90) | (2.47) | (4.38) |
Interest Coverage |
0.49 | 1.43 | 1.76 | 1.29 | 1.36 | 1.34 | 1.64 | 2.52 | 1.54 | 1.20 |
| (14.33%) | 30.49% | 14.52% | 8.47% | 3.89% | 11.60% | 14.80% | 17.16% | 12.03% | 4.41% | |
| (1.06%) | 1.91% | 1.24% | 0.84% | 0.40% | 1.25% | 1.78% | 2.33% | 1.51% | 0.67% | |
ROIC |
3.34% | 3.70% | 4.47% | 3.30% | 3.56% | 3.35% | 3.30% | 4.97% | 3.60% | 2.03% |
Return on Tangible Assets |
(1.17%) | 2.13% | 1.32% | 0.94% | 0.44% | 1.40% | 1.93% | 2.49% | 1.61% | 0.68% |
Average Days of Receivables |
41.93 | 43.47 | 40.00 | 42.24 | 42.06 | 39.22 | 38.32 | 42.28 | 43.93 | 46.84 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
32.44% | 30.14% | 29.70% | 31.69% | 32.94% | 36.14% | 36.06% | 31.37% | 32.04% | 32.02% |
Intangible Assets out of Total Assets |
0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 |
Share Based Compensation of Revenue |
7.50% | 4.97% | 4.83% | 5.78% | 8.51% | 6.88% | 3.42% | 2.50% | 1.95% | 1.54% |
Graham Net Nets |
(1.15) | (1.19) | (1.05) | (0.81) | (0.70) | (0.63) | (0.83) | (0.97) | (1.21) | (1.67) |
Graham Number |
0.00 | 1.98 | 2.21 | 1.68 | 1.27 | 2.22 | 3.22 | 3.87 | 3.26 | 2.69 |
Earnings Yield |
(1.65%) | 2.51% | 1.58% | 0.84% | 0.35% | 0.97% | 1.75% | 2.55% | 2.09% | 1.18% |
Free Cash Flow Yield |
(3.85%) | (5.42%) | 3.14% | 0.13% | 1.67% | 0.55% | (3.35%) | 0.99% | (3.79%) | (20.65%) |
Revenue per Share |
1.56 | 1.59 | 1.74 | 1.65 | 1.72 | 1.85 | 1.93 | 2.21 | 2.18 | 2.06 |
Operating CF per Share |
0.10 | 0.57 | 0.55 | 0.54 | 0.65 | 0.90 | 1.01 | 1.06 | 0.90 | 0.75 |
Capex per Share |
(0.45) | (1.07) | (0.23) | (0.52) | (0.41) | (0.81) | (1.47) | (0.93) | (1.34) | (2.49) |
Free Cash Flow per Share |
(0.35) | (0.50) | 0.32 | 0.02 | 0.24 | 0.09 | (0.46) | 0.13 | (0.44) | (1.74) |
Cash per Share |
1.07 | 0.27 | 0.62 | 0.35 | 0.80 | 0.56 | 0.28 | 0.13 | 0.37 | 0.15 |
Shareholders Equity per Share |
0.78 | 0.76 | 1.36 | 1.15 | 1.43 | 1.33 | 1.92 | 2.02 | 1.97 | 3.20 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
0.78 | 0.76 | 1.36 | 1.15 | 1.43 | 1.33 | 1.92 | 2.02 | 1.97 | 3.20 |
Free Cash Flow |
(6.69) | (9.73) | 6.52 | 0.38 | 5.44 | 2.14 | (10.65) | 3.08 | (10.54) | (47.15) |
Working Capital |
13.84 | 0.69 | 7.76 | 2.19 | 11.07 | 2.06 | (2.09) | (2.49) | (2.79) | (4.60) |
Capital Expenditures |
(8.59) | (20.88) | (4.79) | (11.19) | (9.13) | (18.25) | (33.98) | (22.31) | (32.32) | (67.32) |
Net Current Asset Value |
(199.09) | (214.04) | (217.26) | (229.15) | (227.80) | (245.06) | (264.53) | (300.75) | (338.06) | (381.67) |
EV/EBIT |
46.06 | 39.29 | 33.38 | 56.06 | 57.42 | 69.77 | 53.88 | 33.94 | 41.99 | 50.55 |
Capex to Sales |
0.29 | 0.67 | 0.13 | 0.32 | 0.24 | 0.44 | 0.76 | 0.42 | 0.61 | 1.21 |
Price to Operating Income |
29.91 | 24.43 | 22.39 | 40.65 | 44.24 | 55.42 | 40.60 | 25.32 | 29.73 | 31.92 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 |
Cash ROIC |
(4.47%) | (7.23%) | 4.20% | 0.26% | 3.30% | 1.37% | (6.60%) | 1.92% | (5.84%) | (20.67%) |
Accounts Receivable Turnover |
9.02 | 8.74 | 9.34 | 8.87 | 9.03 | 9.36 | 9.72 | 9.78 | 8.44 | 8.26 |
Accounts Payable Turnover |
5.17 | 7.15 | 17.79 | 11.17 | 12.53 | 7.77 | 5.07 | 7.92 | 8.92 | 7.32 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
81.30 | 15.52 | 26.79 | 40.61 | 20.32 | 75.13 | 72.84 | 29.59 | 54.54 | 52.17 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
3.30 | 3.57 | 3.80 | 4.00 | 4.28 | 4.48 | 4.60 | 5.42 | 6.24 | 6.75 |
Average Payables |
1.56 | 1.06 | 0.46 | 0.80 | 0.76 | 1.33 | 2.15 | 1.60 | 1.54 | 2.15 |
Average Assets |
237.28 | 238.69 | 250.51 | 264.29 | 274.78 | 288.76 | 308.58 | 342.09 | 383.12 | 444.03 |
Average Common Equity |
17.53 | 14.92 | 21.37 | 26.27 | 28.43 | 31.11 | 37.21 | 46.51 | 48.11 | 67.11 |
Columns are period end dates