H2O America (HTO) Tax Rate (2010 - 2026)
H2O America (HTO) posted quarterly Tax Rate of 13.09% for Q2 2026, down 293.0% year-over-year from 6.78% in Q2 2025, and down 13.76% quarter-over-quarter from 15.17% in Q1 2026.
Analysis
H2O America (HTO) Tax Rate (2010 - 2026) Analysis & Trends
H2O America (HTO) has reported Tax Rate for 17 consecutive years, with 13.09% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 293.0% year-over-year to 13.09%; the TTM figure through Jun 2026 stood at 9.8% (down 4.0% YoY), while the FY2025 annual figure was 10.75%, up 204.0% from the prior year.
- Tax Rate fell to 13.09% in Q2 2026 per HTO's latest filing, from 15.17% in the prior quarter.
- Across five years, Tax Rate topped out at 22.21% in Q1 2022 and bottomed at 10.77% in Q4 2025.
- Historically, Tax Rate has averaged 9.73% across 5 years, with a median of 12.0% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate surged 7430 bps — and 2023, when it plunged 2602 bps.
- H2O America's Tax Rate stood at 12.62% in 2022, then slumped by 30 bps to 8.8% in 2023, then plunged by 49 bps to 4.53% in 2024, then tumbled by 338 bps to 10.77% in 2025, then surged by 222 bps to 13.09% in 2026.
- Business Quant data shows HTO's Tax Rate at 13.09% in Q2 2026, 15.17% in Q1 2026, and 10.77% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.57 Bn | 27.38 Bn | 874.00 Mn | 22.22% |
| 2 | Essential Utilities | 11.89 Bn | 11.88 Bn | 377.22 Mn | 3.11% |
| 3 | American States Water | 3.53 Bn | 3.50 Bn | 169.26 Mn | 25.07% |
| 4 | California Water Service | 3.05 Bn | 2.96 Bn | 263.45 Mn | 30.48% |
| 5 | H2O America | 2.71 Bn | 2.61 Bn | 197.11 Mn | 13.09% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | 30.96 Mn | 10.80% |
| 7 | York Water | 546.47 Mn | 545.92 Mn | 17.56 Mn | 2.13% |
| 8 | Consolidated Water | 464.97 Mn | 332.34 Mn | 10.96 Mn | 5.98% |
| 9 | Artesian Resources | 374.28 Mn | 364.48 Mn | 29.37 Mn | 36.07% |
| 10 | Cadiz | 341.22 Mn | 335.90 Mn | -24,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.09% |
| Mar 31, 2026 | 15.17% |
| Dec 31, 2025 | -10.77% |
| Sep 30, 2025 | 11.37% |
| Jun 30, 2025 | 16.02% |
| Mar 31, 2025 | 17.48% |
| Dec 31, 2024 | 4.53% |
| Sep 30, 2024 | 4.75% |
| Jun 30, 2024 | 15.25% |
| Mar 31, 2024 | 16.02% |
| Dec 31, 2023 | 8.80% |
| Sep 30, 2023 | 11.18% |
| Jun 30, 2023 | -9.01% |
| Mar 31, 2023 | 8.55% |
| Dec 31, 2022 | 12.62% |
| Sep 30, 2022 | 0.88% |
| Jun 30, 2022 | 17.00% |
| Mar 31, 2022 | 22.21% |
| Dec 31, 2021 | 15.12% |
| Sep 30, 2021 | 12.60% |