Regulated Water
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5 / 10Stock Comparison
HTO vs CWCO vs AWR vs MSEX vs WTRG
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Water
Regulated Water
Regulated Water
Regulated Water
HTO vs CWCO vs AWR vs MSEX vs WTRG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Regulated Water | Regulated Water | Regulated Water | Regulated Water | Regulated Water |
| Market Cap | $2.00B | $529M | $3.01B | $955M | $10.68B |
| Revenue (TTM) | $816M | $132M | $679M | $199M | $2.55B |
| Net Income (TTM) | $105M | $18M | $134M | $44M | $557M |
| Gross Margin | 55.5% | 36.6% | 44.6% | 33.3% | 33.8% |
| Operating Margin | 22.0% | 139015.1% | 30.8% | 28.1% | 35.0% |
| Forward P/E | 20.8x | 31.6x | 20.7x | 20.1x | 16.7x |
| Total Debt | $1.98B | $708.60B | $943M | $419M | $8.34B |
| Cash & Equiv. | $21M | $123.79T | $19M | $3M | $35M |
HTO vs CWCO vs AWR vs MSEX vs WTRG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| H2O America (HTO) | 100 | 92.3 | -7.7% |
| Consolidated Water … (CWCO) | 100 | 222.0 | +122.0% |
| American States Wat… (AWR) | 100 | 94.1 | -5.9% |
| Middlesex Water Com… (MSEX) | 100 | 75.0 | -25.0% |
| Essential Utilities… (WTRG) | 100 | 87.3 | -12.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: HTO vs CWCO vs AWR vs MSEX vs WTRG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Among these 5 stocks, HTO doesn't own a clear edge in any measured category.
CWCO carries the broadest edge in this set and is the clearest fit for long-term compounding and sleep-well-at-night.
- 155.1% 10Y total return vs AWR's 123.2%
- Lower volatility, beta 0.76, Low D/E 0.3%, current ratio 6.12x
- Beta 0.76, yield 100.0%, current ratio 6.12x
- Lower D/E ratio (0.3% vs 128.3%)
AWR ranks third and is worth considering specifically for growth exposure.
- Rev growth 10.5%, EPS growth 6.3%, 3Y rev CAGR 10.2%
- 6.7% ROA vs CWCO's 0.0%, ROIC 8.0% vs 26.6%
MSEX is the clearest fit if your priority is quality.
- 22.1% margin vs HTO's 12.9%
WTRG is the #2 pick in this set and the best alternative if income & stability and valuation efficiency is your priority.
- Dividend streak 26 yrs, beta -0.36, yield 3.5%
- PEG 1.16 vs MSEX's 12.58
- 18.6% revenue growth vs CWCO's -1.4%
- Lower P/E (16.7x vs 20.1x), PEG 1.16 vs 12.58
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 18.6% revenue growth vs CWCO's -1.4% | |
| Value | Lower P/E (16.7x vs 20.1x), PEG 1.16 vs 12.58 | |
| Quality / Margins | 22.1% margin vs HTO's 12.9% | |
| Stability / Safety | Lower D/E ratio (0.3% vs 128.3%) | |
| Dividends | 100.0% yield, 3-year raise streak, vs WTRG's 3.5% | |
| Momentum (1Y) | +47.9% vs MSEX's -12.8% | |
| Efficiency (ROA) | 6.7% ROA vs CWCO's 0.0%, ROIC 8.0% vs 26.6% |
HTO vs CWCO vs AWR vs MSEX vs WTRG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
HTO vs CWCO vs AWR vs MSEX vs WTRG — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
WTRG leads in 1 of 6 categories
CWCO leads 1 • HTO leads 0 • AWR leads 0 • MSEX leads 0 • 4 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — CWCO and AWR each lead in 2 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WTRG is the larger business by revenue, generating $2.6B annually — 19.3x CWCO's $132M. MSEX is the more profitable business, keeping 22.1% of every revenue dollar as net income compared to HTO's 12.9%. On growth, AWR holds the edge at +14.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $816M | $132M | $679M | $199M | $2.6B |
| EBITDAEarnings before interest/tax | $300M | $25.98T | $259M | $81M | $1.2B |
| Net IncomeAfter-tax profit | $105M | $18M | $134M | $44M | $557M |
| Free Cash FlowCash after capex | $27M | $33.67T | -$34M | -$19M | -$489M |
| Gross MarginGross profit ÷ Revenue | +55.5% | +36.6% | +44.6% | +33.3% | +33.8% |
| Operating MarginEBIT ÷ Revenue | +22.0% | +139015.1% | +30.8% | +28.1% | +35.0% |
| Net MarginNet income ÷ Revenue | +12.9% | +13.9% | +19.7% | +22.1% | +21.8% |
| FCF MarginFCF ÷ Revenue | +3.4% | +254916.5% | -5.0% | -9.7% | -19.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +9.4% | +4.4% | +14.3% | +10.0% | +10.0% |
| EPS Growth (YoY)Latest quarter vs prior year | 0.0% | -11.5% | +8.6% | -100.0% | -23.3% |
Valuation Metrics
WTRG leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 17.1x trailing earnings, WTRG trades at a 25% valuation discount to AWR's 22.8x P/E. Adjusting for growth (PEG ratio), WTRG offers better value at 1.19x vs MSEX's 13.62x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $2.0B | $529M | $3.0B | $955M | $10.7B |
| Enterprise ValueMkt cap + debt − cash | $4.0B | -$123.08T | $3.9B | $1.4B | $19.0B |
| Trailing P/EPrice ÷ TTM EPS | 19.58x | — | 22.80x | 21.78x | 17.14x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.80x | 31.60x | 20.71x | 20.12x | 16.75x |
| PEG RatioP/E ÷ EPS growth rate | 3.05x | — | 2.98x | 13.62x | 1.19x |
| EV / EBITDAEnterprise value multiple | 13.35x | -4.74x | 15.61x | 15.79x | 14.18x |
| Price / SalesMarket cap ÷ Revenue | 2.50x | 4.01x | 4.58x | 4.91x | 4.32x |
| Price / BookPrice ÷ Book value/share | 1.34x | 0.00x | 2.84x | 1.89x | 1.54x |
| Price / FCFMarket cap ÷ FCF | — | 0.00x | — | — | — |
Profitability & Efficiency
Evenly matched — CWCO and AWR each lead in 4 of 9 comparable metrics.
Profitability & Efficiency
AWR delivers a 13.1% return on equity — every $100 of shareholder capital generates $13 in annual profit, vs $0 for CWCO. CWCO carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to HTO's 1.28x. On the Piotroski fundamental quality scale (0–9), AWR scores 6/9 vs MSEX's 4/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +6.6% | 0.0% | +13.1% | +9.1% | +8.2% |
| ROA (TTM)Return on assets | +2.2% | 0.0% | +6.7% | +3.2% | +3.1% |
| ROICReturn on invested capital | +4.1% | +26.6% | +8.0% | +4.7% | +4.8% |
| ROCEReturn on capital employed | +3.9% | +16.0% | +8.5% | +4.4% | +5.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 | 6 | 4 | 6 |
| Debt / EquityFinancial leverage | 1.28x | 0.00x | 0.90x | 0.85x | 1.22x |
| Net DebtTotal debt minus cash | $2.0B | -$123.08T | $924M | $416M | $8.3B |
| Cash & Equiv.Liquid assets | $21M | $123.79T | $19M | $3M | $35M |
| Total DebtShort + long-term debt | $2.0B | $708.6B | $943M | $419M | $8.3B |
| Interest CoverageEBIT ÷ Interest expense | 2.26x | — | 4.35x | 4.33x | 2.88x |
Total Returns (Dividends Reinvested)
CWCO leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CWCO five years ago would be worth $29,742 today (with dividends reinvested), compared to $7,158 for MSEX. Over the past 12 months, CWCO leads with a +47.9% total return vs MSEX's -12.8%. The 3-year compound annual growth rate (CAGR) favors CWCO at 26.3% vs MSEX's -9.2% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +17.0% | -3.9% | +7.0% | +3.0% | -1.6% |
| 1-Year ReturnPast 12 months | +7.9% | +47.9% | -1.0% | -12.8% | -4.7% |
| 3-Year ReturnCumulative with dividends | -19.3% | +101.4% | -9.0% | -25.2% | -3.0% |
| 5-Year ReturnCumulative with dividends | +1.8% | +197.4% | +7.3% | -28.4% | -6.2% |
| 10-Year ReturnCumulative with dividends | +104.6% | +155.1% | +123.2% | +62.9% | +46.5% |
| CAGR (3Y)Annualised 3-year return | -6.9% | +26.3% | -3.1% | -9.2% | -1.0% |
Risk & Volatility
Evenly matched — AWR and WTRG each lead in 1 of 2 comparable metrics.
Risk & Volatility
WTRG is the less volatile stock with a -0.36 beta — it tends to amplify market swings less than CWCO's 0.76 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AWR currently trades 92.6% from its 52-week high vs MSEX's 82.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.21x | 0.76x | -0.17x | -0.12x | -0.36x |
| 52-Week HighHighest price in past year | $61.87 | $39.12 | $82.94 | $62.18 | $42.37 |
| 52-Week LowLowest price in past year | $43.75 | $22.69 | $69.45 | $44.17 | $36.32 |
| % of 52W HighCurrent price vs 52-week peak | +92.4% | +84.8% | +92.6% | +82.7% | +89.0% |
| RSI (14)Momentum oscillator 0–100 | 47.2 | 47.9 | 46.4 | 44.1 | 36.0 |
| Avg Volume (50D)Average daily shares traded | 648K | 163K | 298K | 160K | 2.6M |
Analyst Outlook
Evenly matched — CWCO and WTRG each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: HTO as "Buy", CWCO as "Buy", AWR as "Hold", MSEX as "Buy", WTRG as "Buy". Consensus price targets imply 16.5% upside for AWR (target: $90) vs 4.1% for MSEX (target: $54). For income investors, CWCO offers the higher dividend yield at 100.00% vs AWR's 2.51%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Hold | Buy | Buy |
| Price TargetConsensus 12-month target | $62.25 | — | $89.50 | $53.50 | $40.00 |
| # AnalystsCovering analysts | 5 | 6 | 10 | 4 | 18 |
| Dividend YieldAnnual dividend ÷ price | +2.8% | +100.0% | +2.5% | +2.7% | +3.5% |
| Dividend StreakConsecutive years of raises | 22 | 3 | 24 | 21 | 26 |
| Dividend / ShareAnnual DPS | $1.63 | $497756.41 | $1.93 | $1.37 | $1.33 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% | +0.0% |
WTRG leads in 1 of 6 categories (Valuation Metrics). CWCO leads in 1 (Total Returns). 4 tied.
HTO vs CWCO vs AWR vs MSEX vs WTRG: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is HTO or CWCO or AWR or MSEX or WTRG a better buy right now?
For growth investors, Essential Utilities, Inc.
(WTRG) is the stronger pick with 18. 6% revenue growth year-over-year, versus -1. 4% for Consolidated Water Co. Ltd. (CWCO). Essential Utilities, Inc. (WTRG) offers the better valuation at 17. 1x trailing P/E (16. 7x forward), making it the more compelling value choice. Analysts rate H2O America (HTO) a "Buy" — based on 5 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — HTO or CWCO or AWR or MSEX or WTRG?
On trailing P/E, Essential Utilities, Inc.
(WTRG) is the cheapest at 17. 1x versus American States Water Company at 22. 8x. On forward P/E, Essential Utilities, Inc. is actually cheaper at 16. 7x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Essential Utilities, Inc. wins at 1. 16x versus Middlesex Water Company's 12. 58x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — HTO or CWCO or AWR or MSEX or WTRG?
Over the past 5 years, Consolidated Water Co.
Ltd. (CWCO) delivered a total return of +197. 4%, compared to -28. 4% for Middlesex Water Company (MSEX). Over 10 years, the gap is even starker: CWCO returned +155. 1% versus WTRG's +46. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — HTO or CWCO or AWR or MSEX or WTRG?
By beta (market sensitivity over 5 years), Essential Utilities, Inc.
(WTRG) is the lower-risk stock at -0. 36β versus Consolidated Water Co. Ltd. 's 0. 76β — meaning CWCO is approximately -311% more volatile than WTRG relative to the S&P 500. On balance sheet safety, Consolidated Water Co. Ltd. (CWCO) carries a lower debt/equity ratio of 0% versus 128% for H2O America — giving it more financial flexibility in a downturn.
05Which is growing faster — HTO or CWCO or AWR or MSEX or WTRG?
By revenue growth (latest reported year), Essential Utilities, Inc.
(WTRG) is pulling ahead at 18. 6% versus -1. 4% for Consolidated Water Co. Ltd. (CWCO). On earnings-per-share growth, the picture is similar: American States Water Company grew EPS 6. 3% year-over-year, compared to -100. 0% for Consolidated Water Co. Ltd.. Over a 3-year CAGR, CWCO leads at 12. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — HTO or CWCO or AWR or MSEX or WTRG?
Essential Utilities, Inc.
(WTRG) is the more profitable company, earning 24. 9% net margin versus 12. 8% for H2O America — meaning it keeps 24. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CWCO leads at 139015% versus 22. 6% for HTO. At the gross margin level — before operating expenses — AWR leads at 50. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is HTO or CWCO or AWR or MSEX or WTRG more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Essential Utilities, Inc. (WTRG) is the more undervalued stock at a PEG of 1. 16x versus Middlesex Water Company's 12. 58x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, Essential Utilities, Inc. (WTRG) trades at 16. 7x forward P/E versus 31. 6x for Consolidated Water Co. Ltd. — 14. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for AWR: 16. 5% to $89. 50.
08Which pays a better dividend — HTO or CWCO or AWR or MSEX or WTRG?
All stocks in this comparison pay dividends.
Consolidated Water Co. Ltd. (CWCO) offers the highest yield at 100. 0%, versus 2. 5% for American States Water Company (AWR).
09Is HTO or CWCO or AWR or MSEX or WTRG better for a retirement portfolio?
For long-horizon retirement investors, Essential Utilities, Inc.
(WTRG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 36), 3. 5% yield). Both have compounded well over 10 years (WTRG: +46. 5%, CWCO: +155. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between HTO and CWCO and AWR and MSEX and WTRG?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: HTO is a small-cap quality compounder stock; CWCO is a small-cap income-oriented stock; AWR is a small-cap quality compounder stock; MSEX is a small-cap quality compounder stock; WTRG is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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