H2O America (HTO) Return on Capital Employed (2011 - 2026)
H2O America (HTO) posted quarterly Return on Capital Employed of 3.41% for Q2 2026, down 65.0% year-over-year from 9.74% in Q2 2025, and down 3.02% quarter-over-quarter from 3.52% in Q1 2026.
H2O America (HTO) Return on Capital Employed (2011 - 2026) Analysis & Trends
H2O America (HTO) has reported Return on Capital Employed for 16 consecutive years, with 3.41% the latest figure, recorded in Q2 2026.
- In Q2 2026, Return on Capital Employed fell 65.0% year-over-year to 3.41%; the TTM figure through Jun 2026 stood at 3.41% (down 65.0% YoY), while the FY2025 annual figure was 3.83%, down 19.0% from the prior year.
- Return on Capital Employed fell to 3.41% in Q2 2026 per HTO's latest filing, from 3.52% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 4.71% in Q3 2023 and bottomed at 3.34% in Q2 2022.
- Historically, Return on Capital Employed has averaged 3.85% across 5 years, with a median of 3.88% in 2024.
- Annual changes were most pronounced in 2023 — Return on Capital Employed soared 126 bps — and 2024, when it sank 87 bps.
- H2O America's Return on Capital Employed stood at 3.84% in 2022, then rose by 4 bps to 3.98% in 2023, then retreated by 1 bps to 3.92% in 2024, then dropped by 6 bps to 3.69% in 2025, then dropped by 8 bps to 3.41% in 2026.
- Business Quant data shows HTO's Return on Capital Employed at 3.41% in Q2 2026, 3.52% in Q1 2026, and 3.69% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.60 Bn | 26.41 Bn | - | 5.99% |
| 2 | Essential Utilities | 11.33 Bn | 11.32 Bn | - | 4.68% |
| 3 | American States Water | 3.38 Bn | 3.36 Bn | 278.03 Mn | 8.10% |
| 4 | California Water Service | 3.03 Bn | 2.94 Bn | 263.45 Mn | 3.50% |
| 5 | H2O America | 2.61 Bn | 2.51 Bn | 197.11 Mn | 3.41% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 4.63% |
| 7 | York Water | 517.01 Mn | 516.45 Mn | - | 4.50% |
| 8 | Consolidated Water | 515.04 Mn | 388.71 Mn | 10.92 Mn | 7.47% |
| 9 | Artesian Resources | 361.34 Mn | 357.08 Mn | 26.56 Mn | 3.42% |
| 10 | Pure Cycle | 274.79 Mn | 266.35 Mn | 4.29 Mn | 7.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.41% |
| Mar 31, 2026 | 3.52% |
| Dec 31, 2025 | 3.69% |
| Sep 30, 2025 | 4.07% |
| Jun 30, 2025 | 4.06% |
| Mar 31, 2025 | 4.06% |
| Dec 31, 2024 | 3.92% |
| Sep 30, 2024 | 3.84% |
| Jun 30, 2024 | 3.99% |
| Mar 31, 2024 | 3.77% |
| Dec 31, 2023 | 3.98% |
| Sep 30, 2023 | 4.71% |
| Jun 30, 2023 | 4.19% |
| Mar 31, 2023 | 4.00% |
| Dec 31, 2022 | 3.84% |
| Sep 30, 2022 | 3.45% |
| Jun 30, 2022 | 3.34% |
| Mar 31, 2022 | 3.49% |
| Dec 31, 2021 | 3.39% |
| Sep 30, 2021 | 3.27% |