H2O America EV/EBIT HTO

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2012.

Today, Oct 23, 2026: 23.9×
10-year median: 22.3×
Against its 10-year history: 58th; percentile: 0 is its lowest day, 100 its highest
10-year range: 12.4× to 44.7×
Peer median: 21.8×

H2O America's EV/EBIT is 23.9× as of Oct 23, 2026.

That is above its ten-year median of 22.3×, close to the middle of its last ten years.

Over that time it ranged from 12.4× in Feb 2017 to 44.7× in Aug 2020.

The median for 8 water utilities of a similar size is 21.8×.

EV/EBIT over time

median 22.3×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	23.9×	18.8×	25.2×
2025	18.7×	17.9×	21.0×
2024	20.3×	20.3×	22.9×
2023	22.3×	21.6×	34.0×
2022	34.1×	27.7×	34.1×
2021	34.8×	26.1×	34.8×
2020	30.6×	23.2×	44.7×
2019	27.0×	17.8×	27.1×
2018	17.4×	15.2×	19.6×
2017	18.0×	12.4×	18.7×
2016	13.9×	12.5×	17.1×
2015	15.4×	9.0×	15.6×
2014	11.7×	11.1×	20.0×
2013	16.7×	14.2×	16.7×
2012	14.3×	13.3×	14.6×

Against its peers

Companies in Regulated Water nearest H2O America's size, closest first, today.

Company	EV/EBIT
HTOH2O America	23.9×
CWTCalifornia Water Service	24.9×
AWRAmerican States Water	18.4×
MSEXMiddlesex Water	24.2×
YORWYork Water	23.1×
WTRGEssential Utilities	22.7×
CWCOConsolidated Water	20.3×
ARTNAArtesian Resources	17.9×
PCYOPure Cycle	20.9×
Peer median	21.8×

Where H2O America ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on H2O America

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.