H2O America (HTO) Return on Capital Employed (2011 - 2026)
H2O America (HTO) reported Return on Capital Employed of 3.52% for Q1 2026, down 54.0% year-over-year from 7.65% in Q1 2025, and down 4.78% on a QoQ basis from 3.69% in Q4 2025.
H2O America (HTO) has 16 years of Return on Capital Employed data on file, last reported at 3.52% in Q1 2026.
- Quarterly Return on Capital Employed fell 54.0% year-over-year to 3.52% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.52% (down 54.0% YoY) and the FY2025 annual result came in at 3.83%, down 19.0% from the prior year.
- Return on Capital Employed eased to 3.52% in Q1 2026 per HTO's latest filing, from 3.69% 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.
- The 5-year median for Return on Capital Employed is 3.92% (2024), against an average of 3.88%.
- The widest annual swing landed in 2023, when Return on Capital Employed jumped 126 bps; it then tumbled 87 bps in 2024.
- Tracing HTO's Return on Capital Employed over 5 years: stood at 3.84% in 2022, then climbed by 4 bps to 3.98% in 2023, then dropped by 1 bps to 3.92% in 2024, then retreated by 6 bps to 3.69% in 2025, then declined by 5 bps to 3.52% in 2026.
- Per Business Quant, the three latest HTO Return on Capital Employed figures stand at 3.52% (Q1 2026), 3.69% (Q4 2025), and 4.07% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | 6.08% |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | - |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 0.54% |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | 8.10% |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | 3.21% |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | 3.52% |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 4.45% |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | 1.44% |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | 0.62% |
| 10 | Artesian Resources | 332.86 Mn | 328.60 Mn | 26.56 Mn | 3.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 3.61% |
| Mar 31, 2021 | 3.80% |
| Dec 31, 2020 | 4.01% |
| Sep 30, 2020 | 3.39% |
| Jun 30, 2020 | 2.54% |
| Mar 31, 2020 | 2.08% |
| Dec 31, 2019 | 2.45% |
| Sep 30, 2019 | 3.69% |
| Jun 30, 2019 | 4.19% |
| Mar 31, 2019 | 4.20% |
| Dec 31, 2018 | 4.04% |
| Sep 30, 2018 | 4.64% |
| Jun 30, 2018 | 6.38% |
| Mar 31, 2018 | 5.86% |
| Dec 31, 2017 | 5.95% |
| Sep 30, 2017 | 6.89% |
| Jun 30, 2017 | 6.82% |
| Mar 31, 2017 | 13.98% |
| Dec 31, 2016 | 14.01% |
| Sep 30, 2016 | 8.50% |
| Jun 30, 2016 | 7.18% |
| Mar 31, 2016 | 6.45% |
| Dec 31, 2015 | 6.62% |
| Sep 30, 2015 | 5.16% |
| Jun 30, 2015 | 8.54% |
| Mar 31, 2015 | 16.87% |
| Dec 31, 2014 | 16.51% |
| Sep 30, 2014 | 7.87% |
| Jun 30, 2014 | 4.68% |
| Mar 31, 2014 | 9.97% |
| Dec 31, 2013 | 9.47% |
| Sep 30, 2013 | 5.15% |
| Jun 30, 2013 | 5.40% |
| Mar 31, 2013 | 5.51% |
| Dec 31, 2012 | 5.62% |
| Sep 30, 2012 | 5.69% |
| Jun 30, 2012 | 5.52% |
| Mar 31, 2012 | 10.10% |
| Dec 31, 2011 | 10.09% |
| Sep 30, 2011 | 4.27% |