Growth Metrics

H2O America (HTO) Invested Capital (2010 - 2026)

H2O America (HTO) reported Invested Capital of $3.7 billion for Q1 2026, up 19.77% year-over-year from $3.1 billion in Q1 2025, and up 8.57% on a QoQ basis from $3.4 billion in Q4 2025.

H2O America (HTO) has 17 years of Invested Capital data on file, last reported at $3.7 billion in Q1 2026.

  • Quarterly Invested Capital rose 19.77% year-over-year to $3.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.7 billion (up 19.77% YoY) and the FY2025 annual result came in at $3.4 billion, up 10.86% from the prior year.
  • Invested Capital improved to $3.7 billion in Q1 2026 per HTO's latest filing, from $3.4 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $3.7 billion in Q1 2026 and bottomed at $2.5 billion in Q2 2022.
  • The 5-year median for Invested Capital is $2.8 billion (2024), against an average of $2.9 billion.
  • The widest annual swing landed in 2022, when Invested Capital grew 2.98%; it then grew 19.77% in 2026.
  • Tracing HTO's Invested Capital over 5 years: stood at $2.6 billion in 2022, then gained by 6.04% to $2.8 billion in 2023, then gained by 11.37% to $3.1 billion in 2024, then increased by 10.86% to $3.4 billion in 2025, then increased by 8.57% to $3.7 billion in 2026.
  • Per Business Quant, the three latest HTO Invested Capital figures stand at $3.7 billion (Q1 2026), $3.4 billion (Q4 2025), and $3.3 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 American Water Works Company 24.16 Bn 24.02 Bn 714.00 Mn 23.81 Bn
2 Aris Mining 20.33 Bn 19.86 Bn 233.28 Mn 74.52 Mn
3 Essential Utilities 10.48 Bn 10.40 Bn 685.96 Mn 6.92 Bn
4 American States Water 2.94 Bn 2.93 Bn 104.19 Mn 1.83 Bn
5 California Water Service 2.58 Bn 2.48 Bn 183.34 Mn 3.16 Bn
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn 3.70 Bn
7 Middlesex Water 959.61 Mn 957.57 Mn 25.70 Mn 874.07 Mn
8 Consolidated Water 465.28 Mn 344.14 Mn 10.92 Mn 228.77 Mn
9 York Water 430.12 Mn 430.12 Mn 13.98 Mn 252.28 Mn
10 Artesian Resources 332.86 Mn 328.60 Mn 26.56 Mn 436.25 Mn

Historic Data

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DateValue
Mar 31, 2026 3.70 Bn
Dec 31, 2025 3.41 Bn
Sep 30, 2025 3.28 Bn
Jun 30, 2025 3.16 Bn
Mar 31, 2025 3.09 Bn
Dec 31, 2024 3.07 Bn
Sep 30, 2024 3.01 Bn
Jun 30, 2024 2.82 Bn
Mar 31, 2024 2.79 Bn
Dec 31, 2023 2.76 Bn
Sep 30, 2023 2.75 Bn
Jun 30, 2023 2.70 Bn
Mar 31, 2023 2.67 Bn
Dec 31, 2022 2.60 Bn
Sep 30, 2022 2.50 Bn
Jun 30, 2022 2.49 Bn
Mar 31, 2022 2.52 Bn
Dec 31, 2021 2.53 Bn
Sep 30, 2021 2.42 Bn
Jun 30, 2021 2.36 Bn
Mar 31, 2021 2.28 Bn
Dec 31, 2020 2.20 Bn
Sep 30, 2020 2.22 Bn
Jun 30, 2020 2.21 Bn
Mar 31, 2020 2.20 Bn
Dec 31, 2019 2.17 Bn
Sep 30, 2019 1.41 Bn
Jun 30, 2019 1.40 Bn
Mar 31, 2019 1.40 Bn
Dec 31, 2018 1.32 Bn
Sep 30, 2018 906.30 Mn
Jun 30, 2018 896.55 Mn
Mar 31, 2018 889.01 Mn
Dec 31, 2017 894.30 Mn
Sep 30, 2017 883.48 Mn
Jun 30, 2017 867.04 Mn
Mar 31, 2017 854.79 Mn
Dec 31, 2016 854.98 Mn
Sep 30, 2016 775.84 Mn
Jun 30, 2016 760.19 Mn
Mar 31, 2016 750.02 Mn
Dec 31, 2015 760.97 Mn
Sep 30, 2015 751.97 Mn
Jun 30, 2015 748.73 Mn
Mar 31, 2015 745.64 Mn
Dec 31, 2014 744.52 Mn
Sep 30, 2014 741.08 Mn
Jun 30, 2014 656.22 Mn
Mar 31, 2014 654.22 Mn
Dec 31, 2013 656.17 Mn
Sep 30, 2013 654.48 Mn
Jun 30, 2013 648.57 Mn
Mar 31, 2013 608.89 Mn
Dec 31, 2012 610.20 Mn
Sep 30, 2012 607.43 Mn
Jun 30, 2012 600.27 Mn
Mar 31, 2012 605.83 Mn
Dec 31, 2011 607.85 Mn
Sep 30, 2011 604.87 Mn
Jun 30, 2011 599.96 Mn
Dec 31, 2010 550.74 Mn