HTO FY 2023 Earnings — H2O America Revenue & Financial Results | Market Cap Arena

HTOH2O America

$2B

FY 2023 Earnings

Utilities Regulated Water

Income Statement

Revenue

$670M+8.0% YoY

Gross Profit

$388M57.9% margin

Operating Income

$149M22.3% margin

Net Income

$85M12.7% margin

EPS (Diluted)

$2.68

Cash Flow

Operating Cash Flow

$191M

Free Cash Flow

-$100M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$4.3B

Total Liabilities

$3.1B

Stockholders' Equity

$1.2B

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$670M	$621M	+8.0%
Gross Profit	$388M	$357M	+8.8%
Operating Income	$149M	$131M	+14.1%
Net Income	$85M	$74M	+15.1%