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HTO

HTO

H2O America

$57.69
0.39
 (0.68%)
Exchange:  NASDAQ
Market Cap:  2.415B
Shares Outstanding:  28.522M
Delayed data
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  UtilitiesView sector performance
Industry:  Regulated WaterView industry performance
   
CEO:  Andrew F. Walters
Full Time Employees:  837
Address: 
110 West Taylor Street
San Jose
CA
95110
US
Website:  https://www.h2o-america.com
H2O America, operating nationwide via its various subsidiaries, is a key provider of essential water utility and associated services. The company manages the entire water lifecycle, from procuring, storing, and purifying water to its distribution, wholesale, and retail sale, alongside offering wastewater management services. Its water supply is diverse, sourced from groundwater wells, surface water collected through watershed runoff and diversions, reclaimed water, and imported water acquired from the Santa Clara Valley Water District. Beyond its primary utility offerings, H2O America also delivers a suite of non-regulated services. These include the management and maintenance of water systems, various contracted services, leasing opportunities for antenna sites, and other water and sewer operational services. A notable offering is the “Linebacker protection plan,” specifically tailored for its public drinking water clients in Connecticut and Maine. The company’s extensive service footprint spans several regions. In California, it supplies water to approximately 232,000 connections, benefiting about one million residents in portions of San Jose and Cupertino, as well as the cities of Campbell, Monte Sereno, Saratoga, the Town of Los Gatos, and surrounding unincorporated areas of Santa Clara County. In Connecticut and Maine, H2O America serves roughly 142,000 connections, providing water to an estimated 463,000 individuals across 81 municipalities within an approximate 275-square-mile service area. Additionally, it oversees around 3,000 wastewater connections in Southbury, Connecticut. Further south, in the corridor between San Antonio and Austin, Texas, the company services approximately 29,000 water connections for about 88,000 people across an area exceeding 271 square miles, supplemented by approximately 1,000 wastewater connections. H2O America also holds various real estate assets, including undeveloped land in California and both commercial properties and land parcels situated in Connecticut. The company, which was incorporated in 1985 and is headquartered in San Jose, California, was previously known as SJW Group before officially rebranding to H2O America in May 2025.

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Revenue Segmentation

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Industry Peers

TICKERCOMPANYMKT CAPP/EFWD P/EROIC
HTHTO logoHTOH2O America2.4B20.420.43.0%
CWCWT logoCWTCalifornia Water Service Group2.9B20.618.23.1%
AWAWR logoAWRAmerican States Water Company3.3B22.522.76.5%
MSMSEX logoMSEXMiddlesex Water Company1.0B20.520.54.0%
YOYORW logoYORWThe York Water Company502.1M19.319.04.5%
CWCWCO logoCWCOConsolidated Water Co. Ltd.452.2M30.031.06.1%

EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2026/04/29 — Q1 quarter 2026

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue670,363748,439800,590
Gross Profit388,434425,116374,106
EBITDA265,225289,377326,494
Operating Income149,435170,503180,991
Net Income84,98793,967102,578

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets4,345,0674,658,3090
Total Liabilities3,111,6703,291,335581,271
Total Stockholders Equity1,233,3971,366,9741,540,771
Total Debt1,747,1741,829,67623,504
Cash and Cash Equivalents9,72311,1140

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Cash Flow Statement

Year202320242025
Operating Cash Flow190,831195,526244,803
Capital Expenditure-290,724-380,6380
Free Cash Flow-99,893-185,112244,803
Net Income84,98793,967102,578
Net Change in Cash-2,6211,3919,572

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2030Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Low)1,174,832.137Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (High)1,193,123.586Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Avg)1,183,555Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Low)633,767.975Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (High)637,263.036Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Avg)635,434.757Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Low)155,580.526Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (High)158,736.642Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Avg)157,085.667Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Low)184,077.965Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (High)186,943.951Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Avg)185,444.702Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Avg)4.360Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (High)4.410Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Low)4.320Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated Revenue)2Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated EPS)1Research AccessResearch AccessResearch AccessResearch Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
  ?P/S
 (TTM)
: 
2.95
?Net Income
 (TTM)
: 
  ?P/E
 (TTM)
: 
20.45
?Enterprise Value
 (TTM)
: 
4.235B  ?EV/FCF
 (TTM)
: 
-9.89
?Dividend Yield
 (TTM)
: 
2.98%  ?Payout Ratio
 (TTM)
: 
60.05%
?ROE
 (TTM)
: 
6.35%  ?ROIC
 (TTM)
: 
3.04%
?Net Debt
 (TTM)
: 
  ?Debt/Equity
 (TTM)
: 
1.03
?P/B
 (TTM)
: 
1.27  ?Current Ratio
 (TTM)
: 
1.67

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Research Access for high/low estimates and the interactive table.

Forward P/E 1YResearch AccessResearch AccessResearch AccessResearch Access
20.39Research AccessResearch AccessResearch AccessResearch Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MarketSnap estimates HTO intrinsic value between $62.71 – $83.57 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.


Calculate HTO Intrinsic Value

Common questions about HTO valuation

Is H2O America (HTO) overvalued or undervalued right now?

MarketSnap estimates intrinsic value for H2O America (HTO) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is HTO a buy, hold, or sell for long-term investors?

MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether HTO trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is HTO’s P/E ratio?

You can see HTO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for HTO?

MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is HTO a good long-term investment?

Whether HTO fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

Research tools for H2O America

  • H2O America intrinsic value calculatorEstimate what the business is worth
  • H2O America 5-year outlookWhat has to go right, and what could go wrong
HTO

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

0.68
MarketSnap

Trading Metrics:

Open: 57.71   Previous Close: 57.3
Day Low: 57.26   Day High: 57.99
Year Low: 43.75   Year High: 67.09
Price Avg 50: 62.04   Price Avg 200: 58.42
Volume: 710583   Average Volume: 455654

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See in Nexus

Relevant news

H2O America to Report Third Quarter 2026 Financial Results on October 26
13-10-2026 16:15
H2O America to Report Third Quarter 2026 Financial Results on October 26
H2O America Completes Texas Subsidiary's Acquisition of Quadvest
01-10-2026 09:33
H2O America Completes Texas Subsidiary's Acquisition of Quadvest
H2O America Receives Regulatory Approval for Texas Subsidiary's Cibolo Valley Acquisition
21-09-2026 16:17
H2O America Receives Regulatory Approval for Texas Subsidiary's Cibolo Valley Acquisition
H2O America: A Transformative Acquisition But At A Cost
10-08-2026 14:11
H2O America: A Transformative Acquisition But At A Cost
H2O America (HTO) Q2 2026 Earnings Call Transcript
28-07-2026 16:53
H2O America (HTO) Q2 2026 Earnings Call Transcript
H2O America Q2 Earnings Call Highlights
28-07-2026 13:05
H2O America Q2 Earnings Call Highlights

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