Pure Cycle (PCYO) Debt to Equity (2011 - 2026)
Pure Cycle (PCYO) reported Debt to Equity of $0.04 for Q1 2026, down 11.49% year-over-year from $0.05 in Q1 2025, and down 14.94% on a QoQ basis from $0.05 in Q4 2025.
Pure Cycle (PCYO) has 10 years of Debt to Equity data on file, last reported at $0.04 in Q1 2026.
- Quarterly Debt to Equity fell 11.49% year-over-year to $0.04 in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $0.04 (down 11.49% YoY) and the FY2025 annual result came in at $0.04, down 15.01% from the prior year.
- Debt to Equity slipped to $0.04 in Q1 2026 per PCYO's latest filing, from $0.05 in the prior quarter.
- Across five years, Debt to Equity topped out at $0.06 in Q3 2023 and bottomed at $0.01 in Q2 2022.
- The 5-year median for Debt to Equity is $0.05 (2025), against an average of $0.04.
- The widest annual swing landed in 2023, when Debt to Equity jumped 273.14%; it then retreated 15.01% in 2025.
- Tracing PCYO's Debt to Equity over 5 years: stood at $0.03 in 2022, then surged by 64.11% to $0.06 in 2023, then dropped by 12.06% to $0.05 in 2024, then gained by 1.83% to $0.05 in 2025, then decreased by 14.94% to $0.04 in 2026.
- Per Business Quant, the three latest PCYO Debt to Equity figures stand at $0.04 (Q1 2026), $0.05 (Q4 2025), and $0.04 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | 1.29 |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | - |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 1.22 |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | 0.13 |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | 0.88 |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | 1.02 |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 0.76 |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | 0.00 |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | 0.98 |
| 10 | Pure Cycle | 243.91 Mn | 239.09 Mn | 2.78 Mn | 0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 0.04 |
| Nov 30, 2025 | 0.05 |
| Aug 31, 2025 | 0.04 |
| May 31, 2025 | 0.05 |
| Feb 28, 2025 | 0.05 |
| Nov 30, 2024 | 0.05 |
| Aug 31, 2024 | 0.05 |
| May 31, 2024 | 0.06 |
| Feb 29, 2024 | 0.06 |
| Nov 30, 2023 | 0.06 |
| Aug 31, 2023 | 0.06 |
| May 31, 2023 | 0.03 |
| Feb 28, 2023 | 0.03 |
| Nov 30, 2022 | 0.03 |
| Aug 31, 2022 | 0.03 |
| May 31, 2022 | 0.01 |
| Feb 28, 2022 | 0.01 |
| Nov 30, 2021 | 0.01 |
| Aug 31, 2014 | 0.04 |
| Feb 28, 2014 | 0.04 |
| Nov 30, 2013 | 0.06 |
| Aug 31, 2013 | 0.21 |
| May 31, 2013 | 0.11 |
| Feb 28, 2013 | 0.19 |
| Nov 30, 2012 | 0.16 |
| Aug 31, 2012 | 0.32 |
| May 31, 2012 | 1.56 |
| Feb 29, 2012 | 1.49 |
| Nov 30, 2011 | 1.43 |
| Aug 31, 2011 | 1.37 |