H2O America/$HTO
1D1W1MYTD1Y5YMAX
Capital at risk
About H2O America
H2O America is a national investor-owned network of local water and wastewater utilities united by one purpose: delivering clean, high-quality water to the communities it calls home. Across approximately 407,000 water and wastewater service connections, the company invests in critical infrastructure to strengthen the water supply for generations to come. Its single reportable segment provides water utility and utility-related services to its customers.
- Ticker
- $HTO
- Sector
- Utilities
- Primary listing
- NASDAQ
- Employees
- 837
- Headquarters
- San Jose, United States
- Website
- www.h2o-america.com
H2O America Metrics
BasicAdvanced
$2.6B
22.63
$2.79
0.34
$1.74
2.79%
Price and volume
Market cap
$2.6B
Beta
0.34
52-week high
$67.09
52-week low
$43.75
Average daily volume
354K
Dividend rate
$1.74
Financial strength
Current ratio
1.667
Quick ratio
1.448
Long term debt to equity
1.02
Total debt to equity
1.026
Dividend payout ratio (TTM)
60.05%
Interest coverage (TTM)
2.58%
Profitability
EBITDA (TTM)
316.798
Gross margin (TTM)
56.91%
Net profit margin (TTM)
12.91%
Operating margin (TTM)
22.76%
Effective tax rate (TTM)
9.77%
Revenue per employee (TTM)
$990,000
Management effectiveness
Return on assets (TTM)
2.29%
Return on equity (TTM)
6.46%
Valuation
Price to earnings (TTM)
22.627
Price to revenue (TTM)
2.882
Price to book
1.43
Price to tangible book (TTM)
2.2
Price to free cash flow (TTM)
-10.193
Free cash flow yield (TTM)
-9.81%
Free cash flow per share (TTM)
-6.194
Dividend yield (TTM)
2.76%
Forward dividend yield
2.79%
Growth
Revenue change (TTM)
5.04%
Earnings per share change (TTM)
-8.41%
3-year revenue growth (CAGR)
8.90%
10-year revenue growth (CAGR)
10.03%
3-year earnings per share growth (CAGR)
-0.86%
10-year earnings per share growth (CAGR)
2.23%
3-year dividend per share growth (CAGR)
5.14%
10-year dividend per share growth (CAGR)
7.96%
What the Analysts think about H2O America
Analyst ratings (Buy, Hold, Sell) for H2O America stock.
Analyst projections of the future price of H2O America stock.
Bulls say / Bears say
H2O America’s adjusted net income (non-GAAP) for Q2 2026 rose 17% year-over-year to $30.7 million, driven by underlying earnings growth after excluding merger, acquisition, and integration expenses (SEC).
The company advanced its Quadvest acquisition, with the Public Utility Commission of Texas recommending approval and active Quadvest customer connections up 10% year-to-date, bolstering its growth pipeline in Texas (SEC).
In March 2026, H2O America priced an underwritten public offering of 11.48 million shares at $53 per share, raising approximately $609 million in gross proceeds to fund the Quadvest acquisition and other capital needs, thereby strengthening its liquidity position (Reuters).
GAAP diluted EPS for Q2 2026 declined to $0.62 from $0.71 in the same quarter last year, reflecting dilution from higher share count and transaction-related costs (SEC).
The company plans substantial capital expenditures totaling $483 million in 2026 (excluding Quadvest) and $2.7 billion through 2030, which may pressure free cash flow and increase leverage if regulatory recovery is delayed (SEC).
Merger and integration expenses drove a $5.3 million increase in general and administrative costs in Q2 2026, highlighting execution risk and potential margin erosion associated with its M&A strategy (SEC).
Data summarised monthly by Lightyear AI. Last updated on 25 Aug 2026.
H2O America Financial Performance
Revenues and expenses
H2O America Earnings Performance
Company profitability
Upcoming events
No upcoming events
H2O America News
AllArticlesVideos
Funds containing H2O America
AllEURGBPUSD
Fund name | Fund size | $HTO weighting |
|---|---|---|
iShares Global Water€IQQQ | €1.8B | 1.70% |
iShares Global Water£IH2O | £1.6B | 1.70% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.14% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.14% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.09% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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