H2O America (HTO) Operating Income (2010 - 2026)
H2O America (HTO) posted quarterly Operating Income of $42.8 million for Q2 2026, down 2.53% year-over-year from $43.9 million in Q2 2025, and up 14.24% quarter-over-quarter from $37.4 million in Q1 2026.
H2O America (HTO) Operating Income (2010 - 2026) Analysis & Trends
H2O America (HTO) has reported Operating Income for 17 consecutive years, with $42.8 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income fell 2.53% year-over-year to $42.8 million; the TTM figure through Jun 2026 stood at $177.9 million (down 2.11% YoY), while the FY2025 annual figure was $177.5 million, up 4.12% from the prior year.
- Operating Income climbed to $42.8 million in Q2 2026 per HTO's latest filing, from $37.4 million in the prior quarter.
- Across five years, Operating Income topped out at $64.6 million in Q3 2025 and bottomed at $16.6 million in Q1 2022.
- Historically, Operating Income has averaged $39.4 million across 5 years, with a median of $37.5 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Income soared 59.11% — and 2023, when it slipped 27.57%.
- H2O America's Operating Income stood at $50.4 million in 2022, then retreated by 27.57% to $36.5 million in 2023, then climbed by 19.66% to $43.7 million in 2024, then decreased by 24.11% to $33.1 million in 2025, then advanced by 29.01% to $42.8 million in 2026.
- Business Quant data shows HTO's Operating Income at $42.8 million in Q2 2026, $37.4 million in Q1 2026, and $33.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.35 Bn | 26.16 Bn | - | 542.00 Mn |
| 2 | Essential Utilities | 11.23 Bn | 11.22 Bn | - | 193.27 Mn |
| 3 | American States Water | 3.35 Bn | 3.33 Bn | 278.03 Mn | 45.04 Mn |
| 4 | California Water Service | 3.00 Bn | 2.91 Bn | 263.45 Mn | 70.90 Mn |
| 5 | H2O America | 2.58 Bn | 2.47 Bn | 197.11 Mn | 42.75 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 18.23 Mn |
| 7 | Consolidated Water | 515.76 Mn | 389.43 Mn | 10.92 Mn | 3.44 Mn |
| 8 | York Water | 513.35 Mn | 512.80 Mn | - | 9.81 Mn |
| 9 | Artesian Resources | 362.57 Mn | 358.32 Mn | 26.56 Mn | 6.28 Mn |
| 10 | Pure Cycle | 273.58 Mn | 265.14 Mn | 4.29 Mn | 2.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 42.75 Mn |
| Mar 31, 2026 | 37.43 Mn |
| Dec 31, 2025 | 33.14 Mn |
| Sep 30, 2025 | 64.63 Mn |
| Jun 30, 2025 | 43.87 Mn |
| Mar 31, 2025 | 35.90 Mn |
| Dec 31, 2024 | 43.67 Mn |
| Sep 30, 2024 | 58.35 Mn |
| Jun 30, 2024 | 40.57 Mn |
| Mar 31, 2024 | 27.91 Mn |
| Dec 31, 2023 | 36.49 Mn |
| Sep 30, 2023 | 56.61 Mn |
| Jun 30, 2023 | 31.16 Mn |
| Mar 31, 2023 | 25.18 Mn |
| Dec 31, 2022 | 50.39 Mn |
| Sep 30, 2022 | 37.60 Mn |
| Jun 30, 2022 | 26.40 Mn |
| Mar 31, 2022 | 16.59 Mn |
| Dec 31, 2021 | 31.67 Mn |
| Sep 30, 2021 | 33.77 Mn |