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HTO logoH2O America (HTO) Earnings History

Annual and quarterly earnings data from 1994 to 2025

TTM Net Income
$105M
Profitable
TTM EPS
$2.72
Diluted
YoY EPS Growth
+4.7%
Solid
Net Margin
12.8%
Profitability
Operating Margin22.6%
Gross Margin46.7%
ROE7.1%
ROA2.1%
Highest Annual Net Income$103M (2025)
Highest Quarterly EPS$1.88 (Q3 2014)
Consecutive Profitable Years32 years
Q1 2026
Net Income$19M
EPS$0.49
QoQ Growth+17.2%Strong

Loading earnings history...

HTO EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+4.7%
Solid
3-Year
+6.3%
Solid
5-Year
+6.4%
Solid
10-Year
+4.7%
Solid

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

HTO Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202546.7%22.6%12.8%
202456.8%22.8%12.6%
202357.9%22.3%12.7%
202257.5%21.1%11.9%
202155.5%19.4%10.5%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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H2O America (HTO) Earnings Overview

As of May 8, 2026, H2O America (HTO) reported trailing twelve-month net income of $105M, reflecting +4.7% year-over-year growth. The company earned $2.72 per diluted share over the past four quarters, with a net profit margin of 12.8%.

Looking at the long-term picture, HTO's 5-year EPS compound annual growth rate (CAGR) stands at +6.4%, showing solid earnings momentum. The company achieved its highest annual net income of $103M in fiscal 2025, representing a new all-time high.

H2O America maintains positive profitability with a gross margin of 46.7%, operating margin of 22.6%, and net margin of 12.8%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including AWR ($134M net income, 19.8% margin), MSEX ($44M net income, 22.0% margin), YORW ($21M net income, 25.9% margin), HTO has room to improve margins relative to the peer group. Compare HTO vs AWR →

HTO Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
HTO logoHTOCurrent
$105M$2.7212.8%7.1%+4.7%—
AWR logoAWR
$134M$3.4119.8%13.3%+6.3%
MSEX logoMSEX
$44M-22.0%9.1%-4.5%
YORW logoYORW
$21M$1.4725.9%8.5%-2.1%
ARTNA logoARTNA
$23M$2.2120.2%9.3%+11.6%
CWCO logoCWCO
$18M-13.9%0.0%-100.0%
Best in group
Lowest in group

HTO Historical Earnings Data (1994–2025)

32 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$103M+9.2%$181M$2.9212.8%22.6%
2024$94M+10.6%$171M$2.7912.6%22.8%
2023$85M+15.1%$149M$2.6812.7%22.3%
2022$74M+22.1%$131M$2.4311.9%21.1%
2021$60M-1.7%$111M$2.0310.5%19.4%
2020$62M+162.9%$118M$2.1410.9%20.8%
2019$23M-39.6%$57M$0.825.6%13.7%
2018$39M-34.5%$73M$1.829.7%18.5%
2017$59M+12.0%$102M$2.8615.2%26.2%
2016$53M+39.5%$97M$2.5715.6%28.7%

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Is HTO Undervalued?

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Compare HTO vs GEV

Side-by-side business, growth, and profitability comparison vs GE Vernova Inc..

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HTO — Frequently Asked Questions

Quick answers to the most common questions about buying HTO stock.

Is HTO growing earnings?

HTO EPS of $2.72 reflects slowing growth at +4.7%, below the 5-year CAGR of +6.4%. TTM net income is $105M. Expansion rate has moderated.

What are HTO's profit margins?

H2O America net margin is +12.8%, with operating margin at +22.6%. Margins sit within typical range for the sector.

How consistent are HTO's earnings?

HTO earnings data spans 1994-2025. The current earnings trend is +4.7% YoY. Historical data enables comparison across business cycles.

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HTO Earnings Over Time (2014–2025)

Net income and EPS trends