HTO
$57.69+0.68%
H2O AmericaStock · UtilitiesRussell 2000 0.07%Nasdaq Composite 0.007%US Stock Market 0.003%Russell 3000 0.002%
HTO financial statements
The full income statement, balance sheet, and cash-flow statement for H2O America (HTO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 32.7M2024-09 33.3M2024-12 33.7M2025-03 34.2M2025-06 35.3M2025-09 35.8M2025-12 36.2M2026-03 41.8M2026-06 41.9M+27.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 806M+9.4% | 736M+8.6% | 678M+15.5% | 587M+2.3% | 574M+4.4% | ||
| Lease income | 243K-96.0% | 6.08M+7.1% | 5.68M+1.4% | 5.61M+4.2% | 5.38M-2.8% | |
| Selling, general & administrative | 126M+19.1% | 106M+7.3% | 98.7M+3.4% | 95.4M+9.2% | 87.3M+9.5% | |
| General & administrative | 126M+19.1% | 106M+7.3% | 98.7M+3.4% | 95.4M+9.2% | 87.3M+9.5% | |
| Amortization of intangibles | 1.09M-23.4% | 1.43M+9.1% | 1.31M-66.1% | 3.87M+149.1% | 1.55M+10.8% | |
| Operating income | 178M+4.1% | 171M+14.1% | 149M+14.1% | 131M+17.8% | 111M-5.5% | |
| Interest expense | 72.6M+1.7% | 71.4M+7.9% | 66.1M+13.9% | 58.1M+6.9% | 54.3M+0.2% | |
| Other non-operating income | 3.54M+6345.5% | 55.0K-99.4% | 8.88M+102.6% | 4.38M-59.0% | 10.7M+81.1% | |
| Pre-tax income | 115M+11.7% | 103M+13.2% | 90.9M+10.5% | 82.3M+19.6% | 68.8M-1.5% | |
| Income tax | 12.4M+37.7% | 8.97M+50.6% | 5.96M-29.9% | 8.50M+1.5% | 8.37M-0.1% | |
| 103M+9.2% | 94.0M+10.6% | 85.0M+15.1% | 73.8M+22.1% | 60.5M-1.7% | ||
| Net income to non-controlling interest | — | — | — | — | 0.00 | |
| $2.92+1.7% | $2.87+7.1% | $2.68+10.3% | $2.43+19.7% | $2.03-5.1% | ||
| EPS (basic) | $2.93+2.1% | $2.87+6.7% | $2.69+10.2% | $2.44+19.6% | $2.04-5.6% | |
| Weighted-avg shares (basic) | 35.0M+7.0% | 32.7M+3.6% | 31.6M+4.2% | 30.3M+2.4% | 29.6M+3.8% | |
| Weighted-avg shares (diluted) | 35.1M+7.1% | 32.8M+3.5% | 31.7M+4.1% | 30.4M+2.3% | 29.7M+3.6% | |
| Dividends per share | $1.68+5.0% | $1.60+5.3% | $1.52+5.6% | $1.44+5.9% | $1.36+6.3% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 191M-0.1% | 191M-3.9% | 198M+25.3% | 158M+18.1% | 134M+5.3% | ||
| Cash & equivalents | 20.7M+86.1% | 11.1M+14.3% | 9.72M-21.2% | 12.3M+13.2% | 10.9M+107.0% | |
| Accounts receivable | 62.5M-9.0% | 68.7M+1.2% | 67.9M+14.7% | 59.2M+10.2% | 53.7M+14.7% | |
| Prepaid expenses | 11.6M+13.0% | 10.3M-7.3% | 11.1M+13.9% | 9.75M+0.9% | 9.67M+19.4% | |
| Other current assets | 8.09M-5.9% | 8.59M+39.8% | 6.15M+0.8% | 6.09M+24.3% | 4.90M-4.4% | |
| 5.15B+10.5% | 4.66B+7.2% | 4.35B+15.7% | 3.76B+7.5% | 3.49B+5.5% | ||
| Property, plant & equipment | 1.58M+29.9% | 1.22M | — | — | — | |
| Goodwill | 640M+0.0% | 640M+0.0% | 640M+0.0% | 640M-0.0% | 640M+2.0% | |
| Intangible assets | 41.1M-2.4% | 42.1M+179.5% | 15.1M-8.0% | 16.4M-20.7% | 20.6M-2.9% | |
| Other non-current assets | 1.02B+4.7% | 978M+1.5% | 963M+4.0% | 925M+13.0% | 819M+1.6% | |
| 273M+4.7% | 261M-23.9% | 343M+27.8% | 268M+32.0% | 203M-42.1% | ||
| Accounts payable | 75.4M+34.1% | 56.3M+22.0% | 46.1M+55.9% | 29.6M-2.7% | 30.4M-11.1% | |
| Short-term & current debt | 23.5M+544.3% | 3.65M-92.6% | 49.0M+1023.3% | 4.36M-88.9% | 39.1M-48.7% | |
| Other current liabilities | 20.9M-9.9% | 23.2M+11.7% | 20.8M-9.2% | 22.9M-17.6% | 27.8M+44.9% | |
| Long-term debt | 1.87B+9.4% | 1.71B+11.8% | 1.53B+2.3% | 1.49B-0.1% | 1.49B+15.9% | |
| Deferred revenue (non-current) | 201M+29.6% | 155M+6.0% | 147M+6.5% | 138M+5.4% | 131M+4.5% | |
| Deferred tax liabilities | 308M+11.5% | 276M+15.7% | 239M+9.3% | 218M+8.8% | 200M+4.7% | |
| Other non-current liabilities | 23.9M+7.3% | 22.3M-0.9% | 22.5M-13.1% | 25.9M+7.6% | 24.0M+10.4% | |
| 1.54B+12.7% | 1.37B+10.8% | 1.23B+11.0% | 1.11B+7.4% | 1.03B+12.8% | ||
| Common stock | 36.0K+5.9% | 34.0K+6.3% | 32.0K+3.2% | 31.0K+3.3% | 30.0K+3.4% | |
| Additional paid-in capital | 958M+15.8% | 828M+12.4% | 736M+13.1% | 651M+7.4% | 606M+18.9% | |
| Retained earnings | 581M+8.2% | 537M+8.4% | 495M+8.1% | 458M+7.0% | 428M+5.0% | |
| Accumulated other comprehensive income | 1.47M-25.2% | 1.96M+9.4% | 1.79M+21.3% | 1.48M+1006.1% | -163K+84.7% | |
| Total liabilities & equity | 5.15B+10.5% | 4.66B+7.2% | 4.35B+15.7% | 3.76B+7.5% | 3.49B+5.5% | |
| Common shares issued | 36.1M+7.4% | 33.6M+5.0% | 32.0M+4.0% | 30.8M+2.1% | 30.2M+5.7% | |
| Common shares outstanding | 36.1M+7.4% | 33.6M+5.0% | 32.0M+4.0% | 30.8M+2.1% | 30.2M+5.7% | |
| Shares outstanding (cover) | 36.2M+7.4% | 33.7M+5.0% | 32.1M+3.9% | 30.8M+2.0% | 30.2M+5.7% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 245M+25.2% | 196M+2.5% | 191M+14.8% | 166M+27.8% | 130M+25.0% | ||
| Depreciation & amortization | 120M+4.7% | 115M+6.4% | 108M+1.6% | 106M+10.3% | 96.5M+5.3% | |
| Intangible amortization | 1.09M-23.4% | 1.43M+9.1% | 1.31M-66.1% | 3.87M+149.1% | 1.55M+10.8% | |
| Share-based compensation | 6.44M+14.6% | 5.62M+21.0% | 4.65M-3.0% | 4.79M+12.8% | 4.25M+19.5% | |
| Deferred income taxes | 5.18M-49.9% | 10.4M+221.7% | -8.51M-162.3% | -3.24M-13.8% | -2.85M+48.1% | |
| Change in payables | 9.28M+118.8% | 4.24M+762.0% | 492K+135.4% | -1.39M-128.7% | 4.84M+1456.6% | |
| -520M-52.9% | -340M-5.5% | -322M-31.9% | -244M+6.0% | -260M-21.3% | ||
| Capital expenditure | — | — | — | 631K-23.6% | 826K+89.9% | |
| Free cash flow | — | — | — | 166M+28.1% | 129M+24.7% | |
| Acquisitions | 0.00 | 0.00-100.0% | 7.54M+1640.6% | 433K | 0.00 | |
| Other investing activities | — | — | -233K | 0.00 | 0.00 | |
| 285M+95.2% | 146M+13.3% | 129M+64.4% | 78.4M-41.0% | 133M+30.8% | ||
| Long-term debt issued | 185M-0.1% | 185M+164.8% | 70.0M+27.3% | 55.0M-77.7% | 247M+190.6% | |
| Long-term debt repaid | 3.86M-92.1% | 49.0M+1026.6% | 4.35M-95.1% | 89.2M+17.2% | 76.1M+163.1% | |
| Common stock issued | 123M+44.5% | 85.0M+5.4% | 80.7M+106.4% | 39.1M-57.1% | 91.0M | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 58.6M+12.5% | 52.1M+8.8% | 47.9M+9.9% | 43.6M+8.6% | 40.1M+9.9% | |
| Other financing activities | -755K-545.3% | -117K+90.0% | -1.17M-127.4% | -515K-11.5% | -462K+54.7% | |
| Net change in cash | 9.57M+588.1% | 1.39M+153.1% | -2.62M-1264.9% | 225K-92.1% | 2.85M+132.9% | |
| Interest paid | 72.1M+3.4% | 69.7M+7.9% | 64.6M+9.6% | 59.0M+1.4% | 58.2M-3.0% | |
| Income taxes paid | 3.24M+641.5% | -598K-102.6% | 23.0M+235.9% | 6.85M-19.1% | 8.47M-18.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.77B+6.9% | 1.66B-20.6% | 2.09B-15.2% | 2.46B+11.2% | 2.21B+11.5% | |
| P/E | 17.3×-2.1% | 17.6×-15.9% | 21.0×-50.3% | 42.2×+15.3% | 36.6×+13.5% | |
| P/S | 2.2×-2.3% | 2.3×-29.5% | 3.2×-25.6% | 4.3×+11.2% | 3.9×+6.8% | |
| P/B | 1.1×-5.2% | 1.2×-29.1% | 1.7×-27.1% | 2.3×+9.7% | 2.1×-1.1% | |
| P/FCF | 9.8×+6.9% | 9.2×-20.6% | 11.6×-25.4% | 15.5×-9.2% | 17.1×-10.5% | |
| Earnings yield | 5.8%+2.1% | 5.7%+18.9% | 4.8%+101.2% | 2.4%-13.3% | 2.7%-11.9% | |
| FCF yield | 10.2%-6.5% | 10.9%+25.9% | 8.6%+34.0% | 6.4%+10.1% | 5.8%+11.8% | |
| Dividend yield | 3.4%+5.5% | 3.3%+39.8% | 2.3%+31.1% | 1.8%-4.5% | 1.9%+0.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: HTO’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all HTO filings on SEC EDGAR → Not investment advice.