HTO Q2 2024 Earnings — H2O America Revenue & Financial Results | Market Cap Arena

HTOH2O America

$2B

Q2 2024 Earnings

Utilities Regulated Water

Income Statement

Revenue

$176M+12.3% YoY

Gross Profit

$98M55.5% margin

Operating Income

$41M23.0% margin

Net Income

$21M11.7% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

+17.9%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

-$48M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$3.2B

Stockholders' Equity

$1.3B

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$176M	$157M	+12.3%
Gross Profit	$98M	$89M	+10.3%
Operating Income	$41M	$31M	+30.2%
Net Income	$21M	$18M	+13.2%