profit from every $100 of sales.
$0$100
H2O America
$60.56-0.59% today
+27.7% in 1 year
1-year low $44.441-year high $65.43
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $28.53 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What H2O America sold, what it kept, and what it did with the cash.
Sales went from $621 million in 2022 to $801 million in 2025, with $103 million of profit last year.
SalesProfit
H2O America vs. similar companies
H2O America grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| H2O America | 28.5× · Fair price | ||
 American Water Works | 26.8× · Fair price | ||
 Essential Utilities | 21.0× · Fair price | ||
 Select Water Solutions | 116.3× · Very expensive | ||
 Middlesex Water | 25.6× · Fair price |
AI analysis
An AI analyst reads H2O America's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 621 | 670 | 748 | 801 | |
| 357 | 388 | 425 | 457 | |
| 125 | 149 | 171 | 178 | |
| 247 | 265 | 289 | 308 | |
| 74 | 85 | 94 | 103 | |
| 2.43 | 2.68 | 2.87 | 2.92 | |
| 57.5% | 57.9% | 56.8% | 57.0% | |
| 20.1% | 22.3% | 22.8% | 22.2% | |
| 11.9% | 12.7% | 12.6% | 12.8% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,755 | 4,345 | 4,658 | 5,150 |
| Cash | 12 | 10 | 11 | 21 |
| Total debt | 1,656 | 1,747 | 1,830 | 1,977 |
| Total liabilities | 2,644 | 3,112 | 3,291 | 3,609 |
| 1,111 | 1,233 | 1,367 | 1,541 | |
| 30 | 32 | 33 | 35 | |
| 4.0% | 4.2% | 4.3% | 4.2% | |
| 6.6% | 6.9% | 6.9% | 6.7% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 166 | 191 | 196 | 245 | |
| 244 | 291 | 381 | 523 | |
| -78 | -100 | -185 | -278 | |
| Dividends paid | 44 | 48 | 52 | 59 |
| – | – | – | – | |
| 5 | 5 | 6 | 6 |
Valuation
- 28.5×
- 22.0×
- 4.52
- 1.2×
- 3.7×
- –
- 15.9×
- -9.5%
- 3.5%
- 3.0%
Profitability
- 57.0%
- 22.2%
- 12.8%
- 37.6%
- 3.1%
- 2.7%
- 6.6%
- 2.0%
- 3.5%
- –
Growth
- +8.9%
- +6.3%
- −50.2%
- +5.6%
- +4.9%
Financial health
- 5.6×
- 1.02
- 35.0%
- 2.5×
- 2.02
- 2.02
- 0.15
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 16%of 397
Top 40%of 392
Bottom 20%of 363
Top 29%of 397
Bottom 13%of 396
What analysts expect
- Average price target
- $62.25
- Range
- $61.00 – $64.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 28, 2026 | 0.50 | 0.48 | +4.2% |
| Feb 25, 2026 | 0.46 | 0.50 | −8.4% |
| Oct 27, 2025 | 1.27 | 1.15 | +10.4% |
| Jul 28, 2025 | 0.75 | 0.71 | +5.6% |
| Apr 28, 2025 | 0.50 | 0.36 | +38.9% |
| Oct 28, 2024 | 1.17 | 1.17 | +0.0% |
3.0%of the share price, paid each year
On $1,000 invested$30a year at today's yield, before tax
+5.6%2020 to 2025
Raised10 yearsin a row, in our data
Paid per share, each year
$0.78 in 2015 → $1.68 in 2025
How safe it looks
57.2% of its profit
Room to growStretchedMore than it earns: -21.1%
News
The trillion-dollar mistake corporate America is making about retirementMarketWatch · Nov 14, 2026Bank of America’s Matthew O’Neill Is Positive on Block (XYZ) for Early 2027. One Question RemainsYahoo Finance · Nov 12, 2026Microsoft Warns a New Trade Crackdown Could Derail America's AI BoomYahoo Finance · Nov 10, 2026Corporate America’s profit numbers are just barely beating Wall Street’s expectationsMarketWatch · Nov 9, 2026Bank of America has unexpected advice for tech stock investors after midtermsYahoo Finance · Nov 8, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
33No pass
Benjamin Graham
64Pass
Philip Fisher
41No pass
Peter Lynch
27No pass
Joel Greenblatt
13No pass
Charlie Munger
30No pass
Terry Smith
28No pass
Questions about H2O America
Is H2O America a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the H2O America AI analysis
What does H2O America do?
H2O America, through its subsidiaries, provides water utility and other related services in the United States. It is in Regulated Water, based in San Jose, CA, United States, with 837 employees.
Does H2O America pay a dividend?
Yes. At today's price the dividend is 3.0% a year, about 57% of its yearly profit. In 2025 it paid out $58.6 million in dividends.
Is H2O America stock halal?
No. H2O America does not pass our halal screen: its debt is 68% of its market value, at or above the 33% limit. How we check
How has H2O America stock done over the past year?
Up 27.7% over the past twelve months, to $60.56. It traded between $44.44 and $65.43 and is 7.4% below its high.
Who are H2O America's competitors?
The largest listed companies in the same industry are American Water Works, Essential Utilities, Select Water Solutions and Middlesex Water. The peers table on this page compares their profit, growth and price with H2O America's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.