Pure Cycle Corporation
PCYO Utilities Utilities Regulated Water
Pure Cycle Corporation’s revenue for fiscal 2025 (year ended August 2025) was $26.1 million, down 9.25% from fiscal 2024. In the quarter to May 2026, revenue grew 60.0%, EPS grew 33.3%, free cash flow grew 492.1% and total debt rose 105.9%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.
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Pure Cycle Corporation (PCYO) EV/Sales
As of 9 October 2026, Pure Cycle Corporation (PCYO) trades at a EV/Sales of 8.1×. Over the past ten years it has ranged from 5.9× (March 2020) to 576× (June 2016); the current reading is higher than 10% of that period. That is above the Utilities Regulated Water industry median of 6.2× and above the Utilities sector median of 4.4×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 8.8× | 9.06% |
| FY2024 | 8.1× | (52.03%) |
| FY2023 | 16.8× | 78.66% |
| FY2022 | 9.4× | (52.25%) |
| FY2021 | 19.7× | 141.12% |
| FY2020 | 8.2× | (33.47%) |
| FY2019 | 12.3× | (66.07%) |
| FY2018 | 36.2× | (70.65%) |
| FY2017 | 123× | (39.40%) |
| FY2016 | 203× | 177.00% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| May 2026 | 7.7× | (8.66%) |
| Feb 2026 | 8.4× | (4.72%) |
| Nov 2025 | 8.8× | 0.43% |
| Aug 2025 | 8.8× | (1.28%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| CWCO Consolidated Water Co. Ltd. compare | 2.8× |
| CWT California Water Service Group compare | 4.1× |
| ARTNA Artesian Resources Corporation compare | 4.5× |
| HTO H2O America compare | 5.1× |
| GWRS Global Water Resources, Inc. compare | 6.2× |
| MSEX Middlesex Water Company compare | 6.8× |
| PCYO Pure Cycle Corporation | 8.1× |
| YORW The York Water Company compare | 8.2× |
| CDZI Cadiz, Inc. compare | 33.7× |
| Utilities Regulated Water industry median | 6.2× |
| Utilities sector median | 4.4× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)