HTO Q3 2023 Earnings — H2O America Revenue & Financial Results | Market Cap Arena

HTOH2O America

$2B

Q3 2023 Earnings

Utilities Regulated Water

Income Statement

Revenue

$205M+16.4% YoY

Gross Profit

$116M56.5% margin

Operating Income

$57M27.6% margin

Net Income

$36M17.7% margin

EPS (Diluted)

$1.13

QoQ Revenue Growth

+30.6%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

-$23M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.6B

Stockholders' Equity

$1.2B

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$205M	$176M	+16.4%
Gross Profit	$116M	$95M	+21.4%
Operating Income	$57M	$38M	+50.5%
Net Income	$36M	$25M	+44.7%