H2O America (HTO) EBT Margin (2010 - 2026)
H2O America (HTO) posted quarterly EBT Margin of 14.52% for Q2 2026, down 28.0% year-over-year from 20.17% in Q2 2025, and up 18.81% quarter-over-quarter from 12.22% in Q1 2026.
H2O America (HTO) EBT Margin (2010 - 2026) Analysis & Trends
H2O America (HTO) has reported EBT Margin for 17 consecutive years, with 14.52% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT Margin fell 28.0% year-over-year to 14.52%; the TTM figure through Jun 2026 stood at 14.31% (down 14.0% YoY), while the FY2025 annual figure was 14.36%, up 60.0% from the prior year.
- EBT Margin grew to 14.52% in Q2 2026 per HTO's latest filing, from 12.22% in the prior quarter.
- Across five years, EBT Margin topped out at 22.37% in Q4 2022 and bottomed at 3.86% in Q1 2022.
- Historically, EBT Margin has averaged 13.19% across 5 years, with a median of 12.18% in 2024.
- Annual changes were most pronounced in 2022 — EBT Margin soared 718 bps — and 2023, when it plunged 1024 bps.
- H2O America's EBT Margin stood at 22.37% in 2022, then plunged by 46 bps to 12.13% in 2023, then rose by 0 bps to 12.14% in 2024, then tumbled by 38 bps to 7.54% in 2025, then soared by 93 bps to 14.52% in 2026.
- Business Quant data shows HTO's EBT Margin at 14.52% in Q2 2026, 12.22% in Q1 2026, and 7.54% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.52 Bn | 26.33 Bn | - | 29.89% |
| 2 | Essential Utilities | 11.31 Bn | 11.30 Bn | - | 20.55% |
| 3 | American States Water | 3.36 Bn | 3.34 Bn | 278.03 Mn | 12.00% |
| 4 | California Water Service | 3.01 Bn | 2.92 Bn | 263.45 Mn | 16.57% |
| 5 | H2O America | 2.59 Bn | 2.49 Bn | 197.11 Mn | 14.52% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 29.39% |
| 7 | Consolidated Water | 516.08 Mn | 389.75 Mn | 10.92 Mn | 13.94% |
| 8 | York Water | 516.05 Mn | 515.50 Mn | - | 33.09% |
| 9 | Artesian Resources | 361.28 Mn | 357.03 Mn | 26.56 Mn | 14.57% |
| 10 | Pure Cycle | 274.54 Mn | 266.10 Mn | 4.29 Mn | 47.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.52% |
| Mar 31, 2026 | 12.22% |
| Dec 31, 2025 | 7.54% |
| Sep 30, 2025 | 21.17% |
| Jun 30, 2025 | 14.80% |
| Mar 31, 2025 | 11.95% |
| Dec 31, 2024 | 12.14% |
| Sep 30, 2024 | 18.03% |
| Jun 30, 2024 | 13.86% |
| Mar 31, 2024 | 9.33% |
| Dec 31, 2023 | 12.13% |
| Sep 30, 2023 | 19.91% |
| Jun 30, 2023 | 10.69% |
| Mar 31, 2023 | 9.18% |
| Dec 31, 2022 | 22.37% |
| Sep 30, 2022 | 14.35% |
| Jun 30, 2022 | 9.34% |
| Mar 31, 2022 | 3.86% |
| Dec 31, 2021 | 15.19% |
| Sep 30, 2021 | 13.07% |