H2O America (HTO)

From the record

H2O America's filings since 2017 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2024-10-28); an auditor change (8-K item 4.01, the latest 2020-08-17) (its current reports).

From the record

H2O America's 10 filed years say what it did: revenue went from $340 million in fiscal 2016 to $801 million in fiscal 2025, up 10% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, H2O America's diluted share count grew about 4.9% a year, and dividends and buybacks returned about 25% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, H2O America earned about 7 cents of profit for every dollar of shareholders' money. Leverage: it owed about 70 cents per dollar of assets, and net share issuance: its share count grew 7.1% over the year (the filed statements).

From the record

H2O America's standing among 14 graded names in its industry family: revenue of $801 million in fiscal 2025 ranks in the top 27% by size; a net margin of 12.8% ranks in the bottom 25%; revenue growth of 8.9% a year over the last 3 filed years ranks in the bottom 46% (its annual reports).

From the record

H2O America's leadership, from its insiders' filings and its current reports: the chief executive on the record is Walters, Andrew F (Chief Executive Officer, as filed), filing under that title since 2025-07-03, 1.4 years (bottom 4% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 6 years (top 42%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 12%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

H2O America's room to grow, from the newest filed statements (fiscal 2025): cash of $21 million against debt of $1.9 billion leaves -35.9% of its assets as net cash, bottom 25% of its family; cash from operations less capital spending is 30.6% of revenue (top 39%) (its annual report).

From the record

H2O America's growth drivers, from the filed years to fiscal 2025: revenue grew 8.9% a year over the last three filed years against 10% over all 10, slowing (bottom 18% of its family); the newest year grew 7% (top 46%) (its annual reports). H2O America tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

H2O America's newest year against its own record: revenue of $801 million in fiscal 2025 came in 2.6% below the $822 million its prior three years' pace pointed to (bottom 42% of its family); net income of $103 million against a prior three-year average of $84 million (top 27%); a net margin of 12.8% against 12.4% before (bottom 42%) (its annual reports).