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HTO · Nasdaq · United States · Water Supply
In shortH2O AMERICA is profitable, generates cash and carries moderate debt, with revenue growing (+7.6% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 22.0% | 90/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 12.7% | 71/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 7.1% | 35/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 4.6% | 31/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.70× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.23× | 43/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 6.27× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.45× | 9/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.94 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 30.4% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.39× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 3.4% | 99/100 |
| Operating margin volatility | 1.3% | 97/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 9.1% | 67/100 |
|---|---|---|
| EPS growth, 3-year average | 6.3% | 57/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 574 | 621 | 678 | 748 | 806 |
| Operating income | 111 | 131 | 149 | 171 | 178 |
| Interest expense | 54 | 58 | 66 | 71 | 73 |
| Pre-tax income | 69 | 82 | 91 | 103 | 115 |
| Income tax | 8.4 | 8.5 | 6 | 9 | 12 |
| Net income | 60 | 74 | 85 | 94 | 103 |
| Diluted EPS | $2.03 | $2.43 | $2.68 | $2.87 | $2.92 |
| Diluted shares (millions) | 30 | 30 | 32 | 33 | 35 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of H2O AMERICA are included in the Investor plan. Try free for 7 days →
0.94 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Apr 29, 2026