HTOH2O AMERICA
Water Supply
- Revenue
- $806M
- 9.4% YoY
- Operating margin
- 22.0%
- 4.8% YoY
- EBITDA
- $298M
- 4.4% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.5×
- $1.3B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear239% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear24% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear11% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $560M | $587M | $678M | $736M | $806M | 9.4% |
| Operating income | $111M | $131M | $149M | $171M | $178M | 4.1% |
| Net income | $60M | $74M | $85M | $94M | $103M | 9.2% |
| Operating cash flow | $130M | $166M | $191M | $196M | $245M | 25% |
| Stock-based comp | $4M | $5M | $5M | $6M | $6M | 15% |
| Dividends | $40M | $44M | $48M | $52M | $59M | 12% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.