H2O America (HTO) Net Margin (2010 - 2026)
H2O America (HTO) reported Net Margin of 10.37% for Q1 2026, up 49.0% year-over-year from 6.96% in Q1 2025, and up 24.14% on a QoQ basis from 8.35% in Q4 2025.
H2O America (HTO) has 17 years of Net Margin data on file, last reported at 10.37% in Q1 2026.
- Quarterly Net Margin rose 49.0% year-over-year to 10.37% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.87% (down 2.0% YoY) and the FY2025 annual result came in at 12.81%, up 26.0% from the prior year.
- Net Margin climbed to 10.37% in Q1 2026 per HTO's latest filing, from 8.35% in the prior quarter.
- Across five years, Net Margin topped out at 19.55% in Q4 2022 and bottomed at 3.01% in Q1 2022.
- The 5-year median for Net Margin is 11.59% (2024), against an average of 11.85%.
- The widest annual swing landed in 2022, when Net Margin soared 665 bps; it then plunged 849 bps in 2023.
- Tracing HTO's Net Margin over 5 years: stood at 19.55% in 2022, then sank by 43 bps to 11.06% in 2023, then gained by 5 bps to 11.59% in 2024, then slipped by 28 bps to 8.35% in 2025, then climbed by 24 bps to 10.37% in 2026.
- Per Business Quant, the three latest HTO Net Margin figures stand at 10.37% (Q1 2026), 8.35% (Q4 2025), and 18.76% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | 16.24% |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | 33.21% |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 26.04% |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | 26.11% |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | -1.33% |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | 10.37% |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 21.73% |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | -0.14% |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | 24.10% |
| 10 | Artesian Resources | 332.86 Mn | 328.60 Mn | 26.56 Mn | 7.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.37% |
| Dec 31, 2025 | 8.35% |
| Sep 30, 2025 | 18.76% |
| Jun 30, 2025 | 12.45% |
| Mar 31, 2025 | 9.88% |
| Dec 31, 2024 | 11.59% |
| Sep 30, 2024 | 17.17% |
| Jun 30, 2024 | 11.75% |
| Mar 31, 2024 | 7.83% |
| Dec 31, 2023 | 11.06% |
| Sep 30, 2023 | 17.68% |
| Jun 30, 2023 | 11.66% |
| Mar 31, 2023 | 8.40% |
| Dec 31, 2022 | 19.55% |
| Sep 30, 2022 | 14.23% |
| Jun 30, 2022 | 7.75% |
| Mar 31, 2022 | 3.01% |
| Dec 31, 2021 | 12.89% |
| Sep 30, 2021 | 11.42% |
| Jun 30, 2021 | 13.65% |
| Mar 31, 2021 | 2.28% |
| Dec 31, 2020 | 9.79% |
| Sep 30, 2020 | 15.73% |
| Jun 30, 2020 | 13.40% |
| Mar 31, 2020 | 2.09% |
| Dec 31, 2019 | -4.36% |
| Sep 30, 2019 | 8.31% |
| Jun 30, 2019 | 13.37% |
| Mar 31, 2019 | 10.15% |
| Dec 31, 2018 | 8.94% |
| Sep 30, 2018 | 12.65% |
| Jun 30, 2018 | 12.99% |
| Mar 31, 2018 | 1.71% |
| Dec 31, 2017 | 18.50% |
| Sep 30, 2017 | 15.68% |
| Jun 30, 2017 | 20.17% |
| Mar 31, 2017 | 5.32% |
| Dec 31, 2016 | 17.31% |
| Sep 30, 2016 | 16.88% |
| Jun 30, 2016 | 19.29% |
| Mar 31, 2016 | 5.53% |
| Dec 31, 2015 | 18.48% |
| Sep 30, 2015 | 11.49% |
| Jun 30, 2015 | 10.30% |
| Mar 31, 2015 | 7.56% |
| Dec 31, 2014 | 8.21% |
| Sep 30, 2014 | 30.59% |
| Jun 30, 2014 | 9.73% |
| Mar 31, 2014 | 1.66% |
| Dec 31, 2013 | 6.95% |
| Sep 30, 2013 | 10.50% |
| Jun 30, 2013 | 10.02% |
| Mar 31, 2013 | 2.63% |
| Dec 31, 2012 | 9.49% |
| Sep 30, 2012 | 12.24% |
| Jun 30, 2012 | 7.93% |
| Mar 31, 2012 | 2.17% |
| Dec 31, 2011 | 10.59% |
| Sep 30, 2011 | 11.11% |
| Jun 30, 2011 | 9.24% |
| Mar 31, 2011 | 1.40% |
| Dec 31, 2010 | 16.00% |
| Sep 30, 2010 | 15.33% |
| Jun 30, 2010 | 8.34% |