Pure Cycle (PCYO) EBITDA Margin (2010 - 2026)
Pure Cycle (PCYO) posted quarterly EBITDA Margin of 28.52% for Q2 2026, up 14.0% year-over-year from 25.02% in Q2 2025, and up 238.13% quarter-over-quarter from 8.43% in Q1 2026.
Pure Cycle (PCYO) EBITDA Margin (2010 - 2026) Analysis & Trends
Pure Cycle (PCYO) has reported EBITDA Margin for 17 consecutive years, with 28.52% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBITDA Margin rose 14.0% year-over-year to 28.52%; the TTM figure through May 2026 stood at 39.81% (up 305.0% YoY), while the FY2025 annual figure was 31.66%, down 1300.0% from the prior year.
- EBITDA Margin advanced to 28.52% in Q2 2026 per PCYO's latest filing, from 8.43% in the prior quarter.
- Across five years, EBITDA Margin topped out at 63.18% in Q3 2024 and bottomed at 102.54% in Q4 2022.
- Historically, EBITDA Margin has averaged 21.1% across 5 years, with a median of 30.56% in 2024.
- Annual changes were most pronounced in 2022 — EBITDA Margin sank 13916 bps — and 2023, when it surged 13789 bps.
- Pure Cycle's EBITDA Margin stood at 102.54% in 2022, then surged by 134 bps to 35.35% in 2023, then decreased by 8 bps to 32.6% in 2024, then soared by 53 bps to 49.72% in 2025, then sank by 43 bps to 28.52% in 2026.
- Business Quant data shows PCYO's EBITDA Margin at 28.52% in Q2 2026, 8.43% in Q1 2026, and 49.72% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.52 Bn | 26.33 Bn | - | 40.00% |
| 2 | Essential Utilities | 11.31 Bn | 11.30 Bn | - | 36.41% |
| 3 | American States Water | 3.36 Bn | 3.34 Bn | 278.03 Mn | 14.81% |
| 4 | California Water Service | 3.01 Bn | 2.92 Bn | 263.45 Mn | 22.97% |
| 5 | H2O America | 2.59 Bn | 2.49 Bn | 197.11 Mn | 20.31% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 32.35% |
| 7 | Consolidated Water | 516.08 Mn | 389.75 Mn | 10.92 Mn | 11.48% |
| 8 | York Water | 516.05 Mn | 515.50 Mn | - | 41.71% |
| 9 | Artesian Resources | 361.28 Mn | 357.03 Mn | 26.56 Mn | 22.60% |
| 10 | Pure Cycle | 274.54 Mn | 266.10 Mn | 4.29 Mn | 28.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 28.52% |
| Feb 28, 2026 | 8.43% |
| Nov 30, 2025 | 49.72% |
| Aug 31, 2025 | 54.51% |
| May 31, 2025 | 28.39% |
| Feb 28, 2025 | -29.49% |
| Nov 30, 2024 | 32.60% |
| Aug 31, 2024 | 63.18% |
| May 31, 2024 | 42.33% |
| Feb 29, 2024 | -6.88% |
| Nov 30, 2023 | 35.35% |
| Aug 31, 2023 | 5.76% |
| May 31, 2023 | 56.23% |
| Feb 28, 2023 | -3.93% |
| Nov 30, 2022 | -102.54% |
| Aug 31, 2022 | 60.60% |
| May 31, 2022 | 22.56% |
| Feb 28, 2022 | 34.41% |
| Nov 30, 2021 | 36.63% |
| Aug 31, 2021 | 41.49% |