H2O America (HTO) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HTO Revenue Growth
HTO Revenue Analysis (2014–2025)
As of May 8, 2026, H2O America (HTO) generated trailing twelve-month (TTM) revenue of $816.3 million, reflecting solid growth of +9.4% year-over-year. The most recent quarter (Q1 2026) recorded $183.3 million in revenue, down 5.6% sequentially.
Looking at the longer-term picture, HTO's 5-year compound annual growth rate (CAGR) stands at +7.2%, indicating steady revenue expansion. The company achieved its highest annual revenue of $800.6 million in 2025, representing a new all-time high.
When compared to Utilities sector peers including AWR (+11.7% YoY), MSEX (+1.8% YoY), and YORW (-124.4% YoY), HTO has underperformed the peer group in terms of revenue growth. Compare HTO vs AWR →
HTO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HTOCurrent | $816M | +9.4% | +7.2% | 22.6% | |
 AWR | $658M | +11.7% | +6.2% | 30.9% | |
 MSEX | $195M | +1.8% | +6.6% | 27.9% | |
 YORW | $77M | -124.4% | +7.5% | 35.8% | |
 ARTNA | $113M | +4.6% | +5.1% | 31.5% | |
 CWCO | $132M | -1.4% | +12.7% | 13901508.9% |
HTO Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $800.6M | +7.0% | $374.1M | 46.7% | $181.0M | 22.6% |
| 2024 | $748.4M | +11.6% | $425.1M | 56.8% | $170.5M | 22.8% |
| 2023 | $670.4M | +8.0% | $388.4M | 57.9% | $149.4M | 22.3% |
| 2022 | $620.7M | +8.2% | $357.2M | 57.5% | $131.0M | 21.1% |
| 2021 | $573.7M | +1.6% | $318.6M | 55.5% | $111.2M | 19.4% |
| 2020 | $564.5M | +34.3% | $316.6M | 56.1% | $117.7M | 20.8% |
| 2019 | $420.5M | +5.7% | $224.2M | 53.3% | $57.5M | 13.7% |
| 2018 | $397.7M | +2.2% | $210.6M | 52.9% | $73.4M | 18.5% |
| 2017 | $389.2M | +14.6% | $212.7M | 54.7% | $101.9M | 26.2% |
| 2016 | $339.7M | +11.3% | $195.7M | 57.6% | $97.4M | 28.7% |
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Start ComparisonHTO — Frequently Asked Questions
Quick answers to the most common questions about buying HTO stock.
Is HTO's revenue growth accelerating or slowing?
HTO maintains +9.4% revenue growth, in line with its 5-year CAGR of +7.2%. TTM revenue stands at $816M. Growth rate remains consistent with historical average.
What is HTO's long-term revenue growth rate?
H2O America's 5-year revenue CAGR of +7.2% reflects the sustained expansion pattern. Current YoY growth of +9.4% is near this long-term average.
How is HTO's revenue distributed by segment?
HTO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.