York Water Co. (YORW) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.4	$0.49	+22.5%	—	$23.5M	—
Q1 26	$0.31	$0.33	+6.5%	—	$20.1M	—
Q3 25	$0.38	$0.43	+13.2%	—	$20.4M	—
Q2 25	$0.33	$0.35	+6.1%	—	$19.2M	—
Q1 25	$0.34	$0.25	-26.5%	—	$18.5M	—
Q4 24	$0.37	$0.36	-2.7%	—	$18.9M	—
Q3 24	$0.41	$0.41	0.0%	—	$19.7M	—
Q2 24	$0.45	$0.35	-22.2%	—	$18.8M	—
Q1 24	$0.29	$0.3	+3.4%	—	$17.6M	—
Q4 23	$0.36	$0.42	+16.7%	—	$18.1M	—
Q3 23	$0.46	$0.53	+15.2%	—	$18.8M	—
Q2 23	$0.44	$0.45	+2.3%	—	$18.8M	—
Q1 23	$0.26	$0.26	0.0%	—	$15.4M	—
Q4 22	$0.32	$0.35	+9.4%	—	$15.1M	—
Q3 22	$0.38	$0.4	+5.3%	—	$15.8M	—
Q2 22	$0.34	$0.36	+5.9%	—	$14.9M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.39	—	—	$77.5M	—
FY24	—	$1.42	—	—	$75M	—
FY23	—	$1.66	—	—	$71M	—
FY22	—	$1.4	—	—	$60.1M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$47.6M	$48.6M	$48.4M	$51.6M	$53.9M	$55.1M	$60.1M	$71M	$75M	$77.5M
YoY change	+1.05%	+2.11%	-0.31%	+6.48%	+4.41%	+2.35%	+8.97%	+18.3%	+5.53%	+3.37%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	47.6M	48.6M	48.4M	51.6M	53.9M	55.1M	60.1M	71M	75M	77.5M
Cost of revenue	8M	8.9M	9.7M	10.4M	10.8M	11.8M	14.1M	17.4M	19.7M	20.8M
Gross profit	39.6M	39.7M	38.8M	41.2M	43.1M	43.3M	45.9M	53.7M	55.3M	56.7M
Gross margin	83.1%	81.7%	80%	79.9%	80%	78.6%	76.5%	75.6%	73.8%	73.1%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	9.1M	8.1M	8.1M	8.5M	9.3M	9.8M	9.9M	10.9M	12.6M	12.9M
Operating expenses	9.1M	8.1M	8.1M	8.5M	9.3M	9.8M	9.9M	10.9M	12.6M	12.9M
Operating income	22.9M	23.7M	22.5M	23.8M	24.4M	23.4M	24.5M	29.5M	28M	27.7M
Operating margin	48.1%	48.8%	46.5%	46.1%	45.4%	42.4%	40.8%	41.6%	37.4%	35.8%
Non-operating income, net	-368K	-828K	-1.1M	-2M	-1.1M	-366K	226K	2.5M	2.5M	1.8M
Pretax income	17.3M	17.5M	15.9M	16.6M	18.6M	18.1M	19.6M	25M	21.7M	19.2M
Income tax	5.4M	4.5M	2.5M	2.2M	2M	1.1M	15K	1.3M	1.4M	-816K
Net income	11.8M	13M	13.4M	14.4M	16.6M	17M	19.6M	23.8M	20.3M	20.1M
Net margin	24.9%	26.7%	27.6%	27.9%	30.8%	30.8%	32.6%	33.4%	27.1%	25.9%
EBITDA	28.7M	28.8M	28.2M	29.1M	30.5M	30.7M	33.3M	39.7M	41.5M	42.1M
EPS	0.92	1.01	1.04	1.11	1.27	1.3	1.4	1.66	1.42	1.39
Diluted EPS	0.92	1.01	1.04	1.11	1.27	1.3	1.4	1.66	1.42	1.39

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	18.8M	18.1M	17.6M	18.8M	19.7M	18.9M	18.5M	19.2M	20.4M	19.5M	20.1M	23.5M
Cost of revenue	4.5M	4.7M	4.8M	4.9M	5M	5M	5.2M	4.8M	5.4M	5.4M	6M	6M
Gross profit	14.3M	13.4M	12.8M	13.9M	14.8M	13.8M	13.2M	14.4M	15M	14.1M	14.1M	17.6M
Gross margin	76.2%	74.2%	72.7%	74.1%	74.8%	73.3%	71.8%	74.9%	73.7%	72.2%	70.1%	74.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	2.6M	2.9M	3.1M	3.2M	3M	3.4M	2.9M	3.3M	3.1M	3.5M	3.5M	3.6M
Operating expenses	2.6M	2.9M	3.1M	3.2M	3M	3.4M	2.9M	3.3M	3.1M	3.5M	3.5M	3.6M
Operating income	8.4M	7.2M	6.2M	7.1M	8.1M	6.7M	6.3M	7.1M	7.9M	6.4M	6.4M	9.8M
Operating margin	44.9%	39.6%	35.3%	37.7%	40.9%	35.6%	34%	36.9%	38.9%	33%	31.6%	41.7%
Non-operating income, net	824K	1M	837K	635K	409K	657K	246K	120K	319K	1.1M	331K	255K
Pretax income	7.4M	6.2M	4.9M	5.5M	6.2M	5M	4.1M	4.7M	5.6M	4.8M	4M	7.8M
Income tax	-161K	182K	602K	521K	358K	-131K	472K	-367K	-583K	-338K	-845K	166K
Net income	7.6M	6M	4.3M	5M	5.9M	5.1M	3.6M	5.1M	6.2M	5.2M	4.8M	7.6M
Net margin	40.3%	33.2%	24.5%	26.6%	29.7%	27.3%	19.7%	26.3%	30.5%	26.5%	24%	32.4%
EBITDA	11.1M	9.7M	9M	10.6M	11.5M	10.4M	9.9M	10.5M	11.6M	10.1M	10.1M	13.4M
EPS	0.53	—	0.3	0.35	0.41	0.36	0.25	0.35	0.43	0.36	0.33	0.49
Diluted EPS	0.53	—	0.3	0.35	0.41	0.36	0.25	0.35	0.43	0.36	0.33	0.49

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	490.7M	435.6M	413.7M	597.8M	607.4M	650.9M	627.8M	552.1M	469.4M	458.6M	496.9M
Enterprise value	571.2M	526.7M	508M	698.8M	730.9M	797.3M	767.3M	732.1M	675M	690.9M	692.2M
Shares outstanding	12.8M	12.8M	12.9M	13M	13M	13.1M	14M	14.3M	14.3M	14.4M	14.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	41.4	33.6	30.9	41.5	36.6	38.3	32.1	23.2	23.1	22.9	19
P/S	10.3	8.96	8.54	11.6	11.3	11.8	10.5	7.77	6.26	5.92	5.95
P/B	4.3	3.65	3.28	4.45	4.24	4.27	3.03	2.5	2.03	1.91	1.69
EV/EBITDA	19.9	18.3	18	24	24	26	23	18.5	16.3	16.4	15.2
EV/Sales	12	10.8	10.5	13.5	13.6	14.5	12.8	10.3	9	8.92	8.3
Earnings yield	2.41%	2.98%	3.23%	2.41%	2.73%	2.61%	3.12%	4.3%	4.33%	4.37%	5.27%
FCF yield	1.25%	-1.14%	0.36%	-0.28%	-2.15%	-3.6%	-5.08%	-6.04%	-3.93%	-4.11%	-4.21%
PEG	—	—	—	—	—	—	—	—	—	—	0.47

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	83.1%	81.7%	80%	79.9%	80%	78.6%	76.5%	75.6%	73.8%	73.1%	74.7%
Operating margin	48.1%	48.8%	46.5%	46.1%	45.4%	42.4%	40.8%	41.6%	37.4%	35.8%	42.3%
Net margin	24.9%	26.7%	27.6%	27.9%	30.8%	30.8%	32.6%	33.4%	27.1%	25.9%	28.5%
ROE	10.4%	10.9%	10.6%	10.7%	11.6%	11.1%	9.45%	10.7%	8.79%	8.35%	9%
ROA	3.7%	3.91%	3.88%	3.96%	4.08%	3.7%	3.83%	4.04%	3.21%	3.03%	2.86%
ROIC	8.08%	8.33%	8.61%	8.75%	8.16%	7.34%	7.06%	6.99%	6.02%	5.86%	6.31%
Return on tangible assets	3.7%	3.91%	3.88%	3.96%	4.08%	3.7%	3.83%	4.04%	3.21%	3.03%	3.38%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.54	0.94	0.83	0.62	1.36	0.56	0.84	0.86	0.9	—	1.05
Quick ratio	1.45	0.84	0.75	0.55	1.27	0.47	0.7	0.69	0.71	—	0.88
Debt / equity	0.74	0.76	0.75	0.75	0.86	0.96	0.67	0.81	0.89	0.97	0.65
Debt / assets	0.26	0.27	0.27	0.28	0.3	0.32	0.27	0.31	0.32	0.35	0.27
Net debt / EBITDA	2.81	3.17	3.35	3.47	4.06	4.77	4.18	4.54	4.95	5.52	4.19
Interest coverage	4.28	4.28	3.88	4.25	4.95	4.68	4.83	4.55	3.43	—	3.15
Effective tax rate	31.3%	25.9%	15.7%	13.5%	10.8%	6.19%	0.08%	5.1%	6.23%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	3.7	3.78	3.75	3.98	4.13	4.22	4.3	4.97	5.22	5.38	5.64
EPS (basic)	0.92	1.01	1.04	1.11	1.27	1.3	1.4	1.66	1.42	1.39	1.39
EPS (diluted)	0.92	1.01	1.04	1.11	1.27	1.3	1.4	1.66	1.42	1.39	1.61
Book value per share	8.88	9.29	9.78	10.4	11	11.7	14.8	15.5	16.1	16.7	18.1
FCF per share	0.48	-0.39	0.12	-0.13	-1	-1.79	-2.29	-2.33	-1.29	-1.31	-0.92
Cash per share	0.33	0	0	0	0	0	0	0	0	0	0.03
Capex per share	1.03	1.95	1.31	1.58	2.55	3.55	3.86	4.57	3.42	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	27.7%	51.6%	34.9%	39.8%	61.8%	84.2%	89.8%	91.9%	65.4%	—	—
Capex / operating cash flow	67.7%	128.5%	90%	107.5%	164.9%	202.1%	245%	209.6%	164.4%	—	—
Payout ratio	67.2%	63.4%	64.2%	62.4%	56.6%	57.7%	54.5%	48.8%	59.5%	62.9%	56.1%
Dividend yield	1.62%	1.89%	2.07%	1.5%	1.55%	1.51%	1.7%	2.1%	2.58%	2.75%	2.98%

Yield

2.98%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.228

ex-dividend Sep 30, 2026

Payout ratio

56%

of earnings

Dividend growth

12 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 30, 2026upcoming	$0.228
Jun 30, 2026	$0.228
Feb 27, 2026

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$18.8M	$18.1M	$17.6M	$18.8M	$19.7M	$18.9M	$18.5M	$19.2M	$20.4M	$19.5M	$20.1M	$23.5M
YoY change	+18.7%	+19.8%	+14.5%	-0.09%	+5.05%	+4.26%	+4.7%	+2.39%	+3.28%	+3.21%	+8.77%	+22.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	4.2M	2K	2K	2K	2K	1K	1K	1K	1K	1K
Receivables	4.6M	4.7M	4.7M	4.6M	5.6M	5M	7.1M	8.3M	8.4M	8.8M
Inventory	746K	906K	876K	1M	1M	1.9M	2.3M	3.1M	3.4M	3.4M
Total current assets	12.6M	8.6M	9M	9.4M	16.3M	11.3M	14.2M	15.6M	16.5M	—
Property, plant & equipment	-60.7M	-60.8M	-73.1M	-75.7M	-63.5M	-73.3M	-66.1M	-39.6M	-93.9M	-98.5M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	320.5M	332M	345.1M	363.5M	407M	458.9M	510.6M	588.2M	633.5M	662.4M
Accounts payable	3.7M	3.1M	3M	3.5M	6.5M	6.7M	10.8M	10.9M	9.5M	8.4M
Short-term debt	44K	1M	1M	6.5M	—	7.5M	—	—	—	10.3M
Total current liabilities	8.2M	9.1M	10.8M	15.2M	12M	20.1M	17M	18.1M	18.3M	27.6M
Long-term debt	84.6M	90.1M	93.3M	94.5M	123.6M	138.9M	139.5M	180M	205.6M	221.9M
Total liabilities	206.4M	212.6M	218.9M	229.3M	263.7M	306.2M	303.4M	367M	402.3M	440.5M
Shareholders' equity	114.1M	119.4M	126.2M	134.2M	143.3M	152.6M	207.2M	221.2M	231.2M	240.3M
Total debt	84.7M	91.1M	94.4M	101M	123.6M	146.4M	139.5M	180M	205.6M	232.2M
Net debt	80.4M	91.1M	94.4M	101M	123.6M	146.4M	139.5M	180M	205.6M	232.2M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	1K	1K	3.3M	1K	1K	1K	1K	1K	1K	1K	1K	555K
Receivables	8M	8.3M	7.6M	8.3M	8.7M	8.4M	8.2M	8.7M	8.7M	8.8M	8.9M	10.2M
Inventory	3.2M	3.1M	3.5M	3.6M	3.8M	3.4M	3.3M	3.4M	3.1M	3.4M	3.2M	3.2M
Total current assets	16.1M	15.6M	18.9M	16.5M	16.8M	16.5M	15.7M	17.2M	17.7M	18.4M	18.5M	20.1M
Property, plant & equipment	-113.9M	-39.6M	-115.4M	-118.1M	-120.6M	-93.9M	-125.2M	-127.9M	-130.5M	-98.5M	-134.1M	-137.8M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	561.8M	588.2M	602.3M	610.4M	621.4M	633.5M	641.8M	653.7M	667.1M	680.9M	689.8M	704M
Accounts payable	12.3M	10.9M	11.8M	13M	11.5M	9.5M	10M	8.5M	7.5M	8.4M	7.5M	9.3M
Short-term debt	—	—	—	—	—	—	—	330K	330K	10.3M	10.3M	340K
Total current liabilities	19.1M	18.1M	19.3M	21.2M	19M	18.3M	17.4M	17.2M	15.3M	27.6M	25.6M	19.2M
Long-term debt	167.8M	180M	189.6M	191.1M	198.4M	205.6M	211.6M	218.1M	227M	221.9M	227.1M	189.4M
Total liabilities	344M	367M	379.4M	385M	392.7M	402.3M	409.6M	419.2M	429M	440.5M	447.5M	409.7M
Shareholders' equity	217.7M	221.2M	222.9M	225.4M	228.7M	231.2M	232.1M	234.6M	238M	240.3M	242.3M	294.3M
Total debt	167.8M	180M	189.6M	191.1M	198.4M	205.6M	211.6M	218.4M	227.3M	232.2M	237.4M	189.7M
Net debt	167.8M	180M	186.3M	191.1M	198.4M	205.6M	211.6M	218.4M	227.3M	232.2M	237.4M	189.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	11.8M	13M	13.4M	14.4M	16.6M	17M	19.6M	23.8M	20.3M	20.1M
Depreciation & amortization	6.4M	6.8M	7M	7.7M	8.2M	8.9M	10.1M	11.7M	13M	14.2M
Stock-based compensation	22K	46K	80K	166K	154K	213K	279K	300K	246K	262K
Change in working capital	-811K	-2.8M	-2.1M	-4M	-4.9M	-3.3M	-7.9M	-4.1M	-4.6M	-3.7M
Operating cash flow	19.5M	19.5M	18.8M	19.1M	20.2M	23M	22M	31.1M	29.8M	29.9M
Capital expenditure	-13.2M	-25.1M	-16.9M	-20.5M	-33.3M	-46.4M	-53.9M	-65.3M	-49M	—
Investing cash flow	-12.5M	-25.1M	-16.8M	-20.5M	-32.6M	-46.4M	-53.9M	-65.3M	-49M	—
Dividends paid	-8M	-8.2M	-8.6M	-9M	-9.4M	-9.8M	-10.7M	-11.6M	-12.1M	-12.6M
Share repurchases	-1.3M	-1.3M	0	—	—	—	—	—	—	—
Financing cash flow	-5.5M	756K	-1.6M	656K	17.4M	18.4M	31.9M	33.4M	18.4M	18.3M
Net change in cash	1.4M	-4.8M	378K	-772K	5M	-5M	-6K	-776K	-749K	48.1M
Free cash flow	6.2M	-5M	1.5M	-1.7M	-13.1M	-23.4M	-31.9M	-33.4M	-18.4M	-18.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	7.6M	6M	4.3M	5M	5.9M	5.1M	3.6M	5.1M	6.2M	5.2M	4.8M	7.6M
Depreciation & amortization	2.9M	3M	3.1M	3.3M	3.3M	3.3M	3.6M	3.5M	3.6M	3.6M	3.7M	3.7M
Stock-based compensation	58K	83K	43K	97K	48K	58K	72K	98K	41K	51K	41K	75K
Change in working capital	-1.4M	-85K	-1.3M	-2.8M	-686K	231K	-52K	-2.4M	-591K	-714K	-1.3M	-1M
Operating cash flow	8.9M	8.4M	6M	5.8M	8.6M	9.3M	7.1M	7.6M	7.8M	8.4M	5.4M	11.9M
Capital expenditure	-16.6M	-18.9M	-8.5M	-12.4M	-12.3M	-15.8M	-9.3M	—	—	—	—	—
Investing cash flow	-16.6M	-18.9M	-8.5M	-12.4M	-12.3M	-15.8M	-9.3M	—	—	—	1.3M	7K
Dividends paid	-2.9M	-2.9M	-3M	-3M	-3M	-3M	-3.1M	-3.2M	-3.1M	-3.2M	-3.3M	-3.3M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	7.8M	10.4M	5.7M	2.4M	4.8M	5.6M	3.3M	5.3M	8.5M	2.6M	3.6M	-11.9M
Net change in cash	110K	-113K	3.2M	-4.2M	1.1M	-828K	1.1M	12.9M	16.3M	11M	10.3M	-1K
Free cash flow	-7.8M	-10.4M	-2.4M	-5.7M	-4.8M	-5.6M	-3.3M	-5.3M	-7.1M	-3.2M	-4.9M	592K

Date	Ratio
Sep 12, 2006	3:2
May 21, 2002	2:1

York Water Co. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history