H2O America (NASDAQ: HTO) is a Utilities company in the Regulated Water industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | 21.90 | EPS (ttm) | 2.84 | Insider Own | 22.42% | Shs Outstand | 41.86M | Perf Week | -3.19% |
| Market Cap | 2.60B | Forward P/E | 21.45 | EPS next Y | 2.85 | Insider Trans | 1.42% | Shs Float | 36.49M | Perf Month | 1.62% |
| Enterprise Value | 4.39B | PEG | 1.80 | EPS next Q | 1.20 | Inst Own | - | Short Float | 14.53% | Perf Quarter | 8.51% |
| Income | 107.00M | P/S | 3.14 | EPS this Y | -1.72% | Inst Trans | - | Short Ratio | 10.20 | Perf Half Y | 18.45% |
| Sales | 828.00M | P/B | 1.41 | EPS next Y | 2.00% | ROA | 1.97% | Short Interest | 5.30M | Perf YTD | 26.96% |
| Book/sh | 44.05 | P/C | 25.03 | EPS next 5Y | 11.95% | ROE | 6.35% | 52W High | 67.09 -7.29% | Perf Year | 25.68% |
| Cash/sh | 2.48 | P/FCF | - | EPS past 3/5Y | 6.31% 6.41% | ROIC | 3.04% | 52W Low | 43.75 42.17% | Perf 3Y | -11.94% |
| Dividend Est. | 1.76 (2.83%) | EV/EBITDA | 13.94 | Sales past 3/5Y | 8.85% 7.23% | Gross Margin | 56.45% | Volatility | 3.04% 2.31% | Perf 5Y | -8.68% |
| Dividend TTM | 1.72 (2.77%) | EV/Sales | 5.30 | EPS Y/Y TTM | 1.79% | Oper. Margin | 21.53% | ATR (14) | 1.59 | Perf 10Y | 50.93% |
| Dividend Ex-Date | Aug 10, 2026 | Quick Ratio | 1.62 | Sales Y/Y TTM | 10.70% | Profit Margin | 12.91% | RSI (14) | 50.81 | Recom | 2.17 |
| Dividend Gr. 3/5Y | 5.27% 5.59% | Current Ratio | 1.67 | EPS Q/Q | -4.00% | SMA20 | -1.31% | Beta | 0.33 | Target Price | 66.60 |
| Payout | 60.05% | Debt/Eq | 1.28 | Sales Q/Q | 6.06% | SMA50 | 3.37% | Rel Volume | 0.84 | Prev Close | 61.08 |
| Employees | 837 | LT Debt/Eq | 1.21 | Earnings | Oct 26 | SMA200 | 13.45% | Avg Volume | 481.57K | Price | 62.20 |
| IPO Date | Jun 01, 1972 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 3.07% -1.63% | Net Debt/EBITDA | 5.69 | Volume | 405,532 | Change | 1.83% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Jul-29-26 | Reiterated | BTIG | Buy | $67 → $70 |
| Jul-29-26 | Reiterated | Robert W. Baird | $67 → $72 | |
| Jul-23-26 | Reiterated | BTIG | Buy | $66 → $67 |
| Jul-15-26 | Reiterated | Barclays | Overweight | $63 → $67 |
| May-11-26 | Initiated | Wells Fargo | Equal Weight | $60 |
| Apr-16-26 | Initiated | TD Cowen | Hold | $64 |
| Mar-09-26 | Reiterated | Barclays | Overweight | $61 → $63 |
| Mar-03-26 | Reiterated | BTIG | Buy | $61 |
| Feb-23-26 | Initiated | Barclays | Overweight | $61 |
| Jan-09-26 | Reiterated | UBS | $61 |
H2O America, operating nationwide via its various subsidiaries, is a key provider of essential water utility and associated services. The company manages the entire water lifecycle, from procuring, storing, and purifying water to its distribution, wholesale, and retail sale, alongside offering wastewater management services. Its water supply is diverse, sourced from groundwater wells, surface water collected through watershed runoff and diversions, reclaimed water, and imported water acquired from the Santa Clara Valley Water District. Beyond its primary utility offerings, H2O America also delivers a suite of non-regulated services. These include the management and maintenance of water systems, various contracted services, leasing opportunities for antenna sites, and other water and sewer operational services. A notable offering is the "Linebacker protection plan," specifically tailored for its public drinking water clients in Connecticut and Maine. The company's extensive service footprint spans several regions. In California, it supplies water to approximately 232,000 connections, benefiting about one million residents in portions of San Jose and Cupertino, as well as the cities of Campbell, Monte Sereno, Saratoga, the Town of Los Gatos, and surrounding unincorporated areas of Santa Clara County. In Connecticut and Maine, H2O America serves roughly 142,000 connections, providing water to an estimated 463,000 individuals across 81 municipalities within an approximate 275-square-mile service area. Additionally, it oversees around 3,000 wastewater connections in Southbury, Connecticut. Further south, in the corridor between San Antonio and Austin, Texas, the company services approximately 29,000 water connections for about 88,000 people across an area exceeding 271 square miles, supplemented by approximately 1,000 wastewater connections. H2O America also holds various real estate assets, including undeveloped land in California and both commercial properties and land parcels situated in Connecticut. The company, which was incorporated in 1985 and is headquartered in San Jose, California, was previously known as SJW Group before officially rebranding to H2O America in May 2025.
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| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 828 | 801 | 748 | 670 | 621 | 574 | 565 | 420 | 398 | |
| Cost of Goods Sold Incl. D&A | 360 | 426 | 323 | 282 | 264 | 255 | 248 | 196 | 187 | |
| Gross Profit | 468 | 374 | 425 | 388 | 357 | 319 | 317 | 224 | 211 | |
| Selling, General and Administrative Excl. Other | 150 | 151 | 106 | 99 | 95 | 87 | 80 | 66 | 49 | |
| Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Operating Expense | 139 | 42 | 149 | 140 | 131 | 120 | 119 | 101 | 88 | |
| Operating Income | 179 | 181 | 171 | 149 | 131 | 111 | 118 | 57 | 73 | |
| Interest Expense | 73 | 91 | 71 | 66 | 58 | 54 | 54 | 32 | 24 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 13 | 25 | 4 | 8 | 9 | 12 | 6 | 6 | 0 | |
| Net Income Before Taxes | 119 | 115 | 103 | 91 | 82 | 69 | 70 | 32 | 49 | |
| Income Taxes | 11 | 12 | 9 | 6 | 8 | 8 | 8 | 8 | 10 | |
| Consolidated Net Income | 107 | 103 | 94 | 85 | 74 | 60 | 62 | 23 | 39 | |
| Net Income From Continuing Operations | 107 | 103 | 94 | 85 | 74 | 60 | 62 | 24 | 39 | |
| Net Income | 107 | 103 | 94 | 85 | 74 | 60 | 62 | 23 | 39 | |
| EPS (Recurring) | 2.86 | 2.93 | 2.80 | 2.69 | 2.44 | 2.04 | 2.16 | 0.82 | 1.83 | |
| EPS (Basic, Before Extraordinaries) | 2.86 | 2.93 | 2.80 | 2.69 | 2.44 | 2.04 | 2.16 | 0.82 | 1.83 | |
| EPS (Diluted) | 2.84 | 2.92 | 2.79 | 2.68 | 2.43 | 2.03 | 2.14 | 0.82 | 1.82 | |
| EBITDA | 315 | 321 | 289 | 265 | 247 | 220 | 216 | 132 | 130 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 21.90 | 16.78 | 17.64 | 24.38 | 33.41 | 36.06 | 32.41 | 86.66 | 30.56 | |
| Price To Sales Ratio | 3.00 | 2.20 | 2.24 | 3.12 | 3.92 | 3.83 | 3.56 | 4.74 | 2.93 | |
| Gross Margin | 56.52 | 46.69 | 56.82 | 57.91 | 57.49 | 55.57 | 56.11 | 53.33 | 53.02 | |
| Operating Margin | 21.62 | 22.60 | 22.86 | 22.24 | 21.10 | 19.34 | 20.88 | 13.57 | 18.34 | |
| Net Margin | 12.92 | 12.86 | 12.57 | 12.69 | 11.92 | 10.45 | 10.97 | 5.48 | 9.80 | |
| Shares Outstanding | 40 | 36 | 34 | 32 | 30 | 30 | 29 | 28 | 21 | |
| Market Capitalization | 2,488 | 1,764 | 1,673 | 2,091 | 2,436 | 2,196 | 2,011 | 1,990 | 1,168 | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| ATLAS Infrastructure Partners (UK) Ltd. | 10% Owner | Jul 07 '26 | Buy | 62.03 | 2,784 | 172,692 | 4,615,265 | Jul 08 |
| ATLAS Infrastructure Partners (UK) Ltd. | 10% Owner | Jul 01 '26 | Sale | 60.73 | 1,686 | 102,399 | 4,610,349 | Jul 02 |
| ATLAS Infrastructure Partners (UK) Ltd. | 10% Owner | Jul 01 '26 | Buy | 60.76 | 2,132 | 129,535 | 4,612,481 | Jul 02 |
| ATLAS Infrastructure Partners (UK) Ltd. | 10% Owner | May 29 '26 | Buy | 57.62 | 31,001 | 1,786,402 | 4,612,035 | Jun 02 |
| ATLAS Infrastructure Partners (UK) Ltd. | 10% Owner | May 29 '26 | Sale | 57.52 | 1,435 | 82,544 | 4,581,034 | Jun 02 |
| GIP ATLAS Holdings Ltd | 10% Owner | Apr 10 '26 | Buy | 59.06 | 50,385 | 2,975,919 | 4,582,469 | Apr 22 |
| ATLAS Infrastructure Partners (UK) Ltd. | 10% Owner | Apr 10 '26 | Buy | 59.06 | 50,385 | 2,975,919 | 4,582,469 | Apr 13 |
| Walters Andrew F | Chief Executive Officer | Nov 13 '25 | Sale | 47.22 | 2,100 | 99,162 | 24,192 | Nov 14 |