H2o America (NASDAQ:HTO)
Insiders here have filed 1 Form 4 in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Keeps a healthy share of every dollar it sells.
- Revenue
- $828.5M
- Net income
- $107.0M
- Net margin
- 12.9%
Heavily indebted for what it earns.
- Total debt
- $1.89B
- Cash
- $104.1M
- Net debt / EBITDA
- 5.59x
Comfortably covers what is due within a year.
- Current assets
- $296.4M
- Current liabilities
- $177.8M
- Current ratio
- 1.67
Consumes cash and must keep raising it.
- Operating cash flow
- $245.2M
- Free cash flow
- -$428.1M
- FCF margin
- -51.7%
Some dilution over the past year.
- Shares outstanding
- 39.9M
- Share growth (1y)
- 14.7%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
HTO Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 210.47 M | 183.29 M | 194.19 M | 240.55 M | 198.25 M | 167.60 M |
| Revenue Growth (YoY) | 6.16 % | 9.36 % | -1.84 % | 6.88 % | 12.53 % | 12.19 % |
| Cost of Revenue | 85.48 M | 66.42 M | 102.53 M | 106.34 M | 88.34 M | 66.47 M |
| Gross Profit | 124.99 M | 116.87 M | 91.66 M | 134.21 M | 109.92 M | 101.13 M |
| SG&A Expense | 33.63 M | 47.14 M | 38.14 M | 31.31 M | 28.80 M | 27.76 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 82.24 M | 79.44 M | 58.10 M | 69.59 M | 66.05 M | 65.24 M |
| Operating Income | 42.75 M | 37.43 M | 33.55 M | 64.63 M | 43.87 M | 35.90 M |
| Pretax Income | 30.57 M | 22.41 M | 14.64 M | 50.92 M | 29.34 M | 20.02 M |
| Tax Provision | 3.98 M | 3.39 M | -1.58 M | 5.79 M | 4.67 M | 3.47 M |
| Net Income | 26.59 M | 19.01 M | 16.22 M | 45.13 M | 24.68 M | 16.55 M |
| EPS (Basic) | 0.64 | 0.50 | 0.45 | 1.27 | 0.71 | 0.49 |
| EPS (Diluted) | 0.63 | 0.49 | 0.45 | 1.27 | 0.71 | 0.49 |
| Shares Outstanding | 39.90 M | 37.93 M | 35.88 M | 35.54 M | 34.78 M | 33.78 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.