SuperworthH2O America profit margin HTO
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 12.9%
- Operating margin, 12 months
- 21.5%
- Net margin on a year earlier
- −0.1 pts
- Peer median
- 21.6%
Over the twelve months to Jun 30, 2026, H2O America kept 12.9% of its revenue as net profit, with an operating margin of 21.5%.
Five years earlier its net margin was 11.0%.
The median for 8 water utilities of a similar size is 21.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 12.8% | 22.2% |
| FY2024 | 12.6% | 22.8% |
| FY2023 | 12.7% | 22.3% |
| FY2022 | 11.9% | 21.1% |
| FY2021 | 10.5% | 19.4% |
| FY2020 | 10.9% | 20.8% |
| FY2019 | 5.6% | 13.7% |
| FY2018 | 9.7% | 18.5% |
| FY2017 | 15.2% | 25.9% |
| FY2016 | 15.6% | 27.4% |
| FY2015 | 12.4% | 26.2% |
| FY2014 | 16.2% | 29.1% |
| FY2013 | 8.1% | 19.3% |
| FY2012 | 8.5% | 21.1% |
| FY2011 | 8.7% | 22.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 12.9% | −0.1 pts | 21.5% | |
| Q1 FY26 | 12.9% | −0.0 pts | 21.9% | |
| Q4 FY25 | 12.8% | +0.3 pts | 22.2% | |
| Q3 FY25 | 13.6% | +1.1 pts | 23.4% | |
| Q2 FY25 | 13.0% | +0.6 pts | 23.0% | |
| Q1 FY25 | 12.9% | +0.4 pts | 23.3% | |
| Q4 FY24 | 12.6% | −0.1 pts | 22.8% | |
| Q3 FY24 | 12.5% | −2.4 pts | 22.6% | |
| Q2 FY24 | 12.5% | −1.3 pts | 23.0% | |
| Q1 FY24 | 12.5% | −0.4 pts | 22.3% | |
| Q4 FY23 | 12.7% | +0.8 pts | 22.3% | |
| Q3 FY23 | 14.8% | +4.9 pts | 24.4% |
Against its peers
Companies in Regulated Water nearest H2O America's size, closest first, today.
| Company | Profit margin |
|---|---|
| HTOH2O America | 12.9% |
| CWTCalifornia Water Service | n/m |
| AWRAmerican States Water | 20.5% |
| MSEXMiddlesex Water | 23.3% |
| YORWYork Water | 28.5% |
| WTRGEssential Utilities | 21.6% |
| CWCOConsolidated Water | 12.7% |
| ARTNAArtesian Resources | 20.2% |
| PCYOPure Cycle | 43.7% |
| Peer median | 21.6% |
Where H2O America ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on H2O America
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.