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Wednesday 4 November 2026 Export HTO’s income statement to Excel — free account

H2O America

HTO Utilities Utilities Regulated Water

H2O America’s revenue for fiscal 2025 (year ended December 2025) was $800.6 million, up 6.97% from fiscal 2024.

Revenue
+4.02%
EPS
−19.2%
Free cash flow
+34.0%
Total debt
+9.90%

Quarter to September 2026, against a year earlier

62.72 2.08 +3.43%
Market cap
$2.9B
P/E
23.2×
Fwd P/E
20.3×
Dividend yield
3.59%
F-score
5/9
Altman Z
0.69
Beneish M
−2.72
Dividend safety
36/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

H2O America (HTO) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, H2O America (HTO) trades at a EV/EBITDA of 13.3×. Over the past ten years it has ranged from 6.6× (September 2015) to 28.0× (January 2020); the current reading is higher than 51% of that period. That is below the Utilities Regulated Water industry median of 14.8× and above the Utilities sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 12.3× 2.61%
FY2024 12.0× (18.85%)
FY2023 14.8× (15.07%)
FY2022 17.4× (3.55%)
FY2021 18.1× 7.75%
FY2020 16.8× (38.38%)
FY2019 27.2× 174.70%
FY2018 9.9× (13.79%)
FY2017 11.5× 6.55%
FY2016 10.8× 30.04%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 13.4× (5.20%)
Jun 2026 14.1× 8.83%
Mar 2026 13.0× 5.50%
Dec 2025 12.3× 4.42%
43 more quarters

Against its own ten years

Low 6.6× High 28.0×
Ten-year median 13.2×
Current reading's percentile 51

EV/EBITDA against peers

Company EV/EBITDA
SBS Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp compare 7.9×
ARTNA Artesian Resources Corporation compare 12.4×
CWCO Consolidated Water Co. Ltd. compare 13.1×
HTO H2O America 13.3×
CWT California Water Service Group compare 13.6×
YORW The York Water Company compare 15.4×
MSEX Middlesex Water Company compare 15.5×
WTRG Essential Utilities Inc. compare 15.7×
AWR American States Water Company compare 15.8×
Utilities Regulated Water industry median 14.8×
Utilities sector median 12.4×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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