H2O America
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $800.6M | $748.4M | $670.4M | $620.7M | $573.7M | $564.5M | $420.5M | $397.7M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $126.0M | $105.8M | $98.7M | $95.4M | $87.3M | $79.7M | $66.3M | $48.9M |
| Operating Income | $177.5M | $170.5M | $149.4M | $131.0M | $111.2M | $117.7M | $57.5M | $73.4M |
| Operating Margin | 22.2% | 22.8% | 22.3% | 21.1% | 19.4% | 20.8% | 13.7% | 18.5% |
| Interest Expense | $72.6M | $71.4M | $66.1M | $58.1M | $54.3M | $54.3M | $31.8M | $24.3M |
| Pretax Income | $114.9M | $102.9M | $90.9M | $82.3M | $68.8M | $69.9M | $32.1M | $48.8M |
| Income Tax Expense | $12.4M | $9.0M | $6.0M | $8.5M | $8.4M | $8.4M | $8.5M | $10.1M |
| Net Income | $102.6M | $94.0M | $85.0M | $73.8M | $60.5M | $61.5M | $23.4M | $38.8M |
| Net Margin | 12.8% | 12.6% | 12.7% | 11.9% | 10.5% | 10.9% | 5.6% | 9.7% |
| EPS (Basic) | $2.93 | $2.87 | $2.69 | $2.44 | $2.04 | $2.16 | $0.82 | $1.83 |
| EPS (Diluted) | $2.92 | $2.87 | $2.68 | $2.43 | $2.03 | $2.14 | $0.82 | $1.82 |
| Shares Outstanding (Basic) | 35.0M | 32.7M | 31.6M | 30.3M | 29.6M | 28.5M | 28.4M | 21.2M |
| Shares Outstanding (Diluted) | 35.1M | 32.8M | 31.7M | 30.4M | 29.7M | 28.7M | 28.6M | 21.3M |
| Dividends Per Share | $1.68 | $1.60 | $1.52 | $1.44 | $1.36 | $1.28 | $1.20 | $1.12 |