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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) P/E ratio

Alert me on P/E ratio

As of 3 November 2026, H2O America (HTO) trades at a P/E ratio of 23.2×. Over the past ten years it has ranged from 10.0× (September 2015) to 94.2× (June 2020); the current reading is higher than 54% of that period. That is in line with the Utilities Regulated Water industry median of 22.2× and above the Utilities sector median of 20.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 16.8× (2.51%)
FY2024 17.2× (29.75%)
FY2023 24.5× (27.61%)
FY2022 33.8× (6.16%)
FY2021 36.1× 11.77%
FY2020 32.3× (62.32%)
FY2019 85.6× 183.23%
FY2018 30.2× 37.16%
FY2017 22.0× 3.52%
FY2016 21.3× 33.55%

Quarterly newest first

Period P/E ratio Change
Sep 2026 23.6× 10.88%
Jun 2026 21.2× 6.11%
Mar 2026 20.0× 19.35%
Dec 2025 16.8× 8.86%
43 more quarters

Against its own ten years

Low 10.0× High 94.2×
Ten-year median 22.3×
Current reading's percentile 50

P/E ratio against peers

Company P/E ratio
SBS Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp compare 11.2×
ARTNA Artesian Resources Corporation compare 14.7×
YORW The York Water Company compare 19.7×
MSEX Middlesex Water Company compare 20.8×
CWT California Water Service Group compare 21.8×
WTRG Essential Utilities Inc. compare 22.5×
HTO H2O America 23.2×
AWR American States Water Company compare 23.8×
CWCO Consolidated Water Co. Ltd. compare 26.7×
Utilities Regulated Water industry median 22.2×
Utilities sector median 20.0×
Market median 18.3×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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