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