H2O America (HTO) Debt/Assets Ratio: History & Chart

H2O America(HTO)

Regulated Water · San Jose, CA

$58.18-0.26 (-0.44%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About H2O America

H2O America, operating nationwide via its various subsidiaries, is a key provider of essential water utility and associated services. The company manages the entire water lifecycle, from procuring, storing, and purifying water to its distribution, wholesale, and retail sale, alongside offering wastewater management services. Its water supply is diverse, sourced from groundwater wells, surface water collected through watershed runoff and diversions, reclaimed water, and imported water acquired from the Santa Clara Valley Water District. Beyond its primary utility offerings, H2O America also delivers a suite of non-regulated services. These include the management and maintenance of water systems, various contracted services, leasing opportunities for antenna sites, and other water and sewer operational services. A notable offering is the "Linebacker protection plan," specifically tailored for its public drinking water clients in Connecticut and Maine. The company's extensive service footprint spans several regions. In California, it supplies water to approximately 232,000 connections, benefiting about one million residents in portions of San Jose and Cupertino, as well as the cities of Campbell, Monte Sereno, Saratoga, the Town of Los Gatos, and surrounding unincorporated areas of Santa Clara County. In Connecticut and Maine, H2O America serves roughly 142,000 connections, providing water to an estimated 463,000 individuals across 81 municipalities within an approximate 275-square-mile service area. Additionally, it oversees around 3,000 wastewater connections in Southbury, Connecticut. Further south, in the corridor between San Antonio and Austin, Texas, the company services approximately 29,000 water connections for about 88,000 people across an area exceeding 271 square miles, supplemented by approximately 1,000 wastewater connections. H2O America also holds various real estate assets, including undeveloped land in California and both commercial properties and land parcels situated in Connecticut. The company, which was incorporated in 1985 and is headquartered in San Jose, California, was previously known as SJW Group before officially rebranding to H2O America in May 2025.

San Jose, CA

837 employees

www.h2o-america.com

Utilities / Regulated Water

Sector: Utilities
Industry: Regulated Water
CEO: Andrew F. Walters

View full financials

HTO Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

34.79%

DEBT TO ASSETS RATIO AVG TTM

36.95%

DEBT TO ASSETS RATIO AVG 3Y

39.26%

DEBT TO ASSETS RATIO AVG 5Y

41.65%

DEBT TO ASSETS RATIO AVG 10Y

38.34%

DEBT TO ASSETS RATIO AVG 15Y

36.32%

DEBT TO ASSETS RATIO AVG 20Y

34.49%

CURRENT VS TTM AVG

-5.86%

CURRENT VS 3Y AVG

-11.40%

CURRENT VS 5Y AVG

-16.48%

CURRENT VS 10Y AVG

-9.26%

CURRENT VS 15Y AVG

-4.21%

CURRENT VS 20Y AVG

+0.86%

SECTOR MEDIAN · UTILITIES

0.43%

median of 68 covered companies

CURRENT VS SECTOR MEDIAN

+7990.13%

vs the sector median at left

NAME	MARKET CAP	DEBT TO ASSETS RATIO	TTM	3Y	5Y
H2O America (HTO)	$2.44B	34.79%	36.95%	39.26%	41.65%
ReNew Energy Global Plc (RNW)vs ›	$2.50B	0.74%	N/A	N/A	N/A
newcleo plc Ordinary Shares (NWCL)vs ›	$2.32B	N/A	N/A	N/A	N/A
MGE Energy, Inc. (MGEE)vs ›	$2.66B	0.27%	N/A	N/A	N/A
Northwest Natural Holding Company (NWN)vs ›	$2.00B	0.42%	N/A	N/A	N/A
Avista Corporation (AVA)vs ›	$2.95B	0.39%	N/A	N/A	N/A
SOLV Energy, Inc. Class A Common Stock (MWH)vs ›	$3.25B	0.04%	N/A	N/A	N/A
Fluence Energy, Inc. (FLNC)vs ›	$1.48B	0.15%	N/A	N/A	N/A
Middlesex Water Company (MSEX)vs ›	$996.84M	0.31%	N/A	N/A	N/A
XPLR Infrastructure, LP (XIFR)vs ›	$978.55M	0.32%	N/A	N/A	N/A

NAME

MARKET CAP

DEBT TO ASSETS RATIO

TTM

H2O America (HTO)

$2.44B

34.79%

36.95%

39.26%

41.65%

ReNew Energy Global Plc (RNW)vs ›

$2.50B

0.74%

N/A

newcleo plc Ordinary Shares (NWCL)vs ›

$2.32B

N/A

MGE Energy, Inc. (MGEE)vs ›

$2.66B

0.27%

N/A

Northwest Natural Holding Company (NWN)vs ›

$2.00B

0.42%

N/A

Avista Corporation (AVA)vs ›

$2.95B

0.39%

N/A

SOLV Energy, Inc. Class A Common Stock (MWH)vs ›

$3.25B

0.04%

N/A

Fluence Energy, Inc. (FLNC)vs ›

$1.48B

0.15%

N/A

Middlesex Water Company (MSEX)vs ›

$996.84M

0.31%

N/A

XPLR Infrastructure, LP (XIFR)vs ›

$978.55M

0.32%

N/A

Debt to Assets Ratio FAQ

What is the debt to assets ratio for H2O America (HTO)?

The debt to assets ratio for HTO stock is 34.79%.

Is H2O America's debt to assets ratio high or low?

The debt to assets ratio of 34.79% is 16% below its 5-year average of 41.65%, near the low end of its 5-year range (34.79%–46.20%).

What is the TTM average debt to assets ratio for H2O America (HTO)?

The TTM average debt to assets ratio for HTO stock is 36.95%.

What is the 3Y average debt to assets ratio for H2O America (HTO)?

The 3Y average debt to assets ratio for HTO stock is 39.26%.

What is the 5Y average debt to assets ratio for H2O America (HTO)?

The 5Y average debt to assets ratio for HTO stock is 41.65%.

What is the 10Y average debt to assets ratio for H2O America (HTO)?

The 10Y average debt to assets ratio for HTO stock is 38.34%.

What is the 15Y average debt to assets ratio for H2O America (HTO)?

The 15Y average debt to assets ratio for HTO stock is 36.32%.

What is the 20Y average debt to assets ratio for H2O America (HTO)?

The 20Y average debt to assets ratio for HTO stock is 34.49%.

DATE	DEBT TO ASSETS RATIO
2026-06-30	34.79%
2026-03-31	35.01%
2025-12-31	38.39%
2025-09-30	37.95%
2025-06-30	38.62%
2025-03-31	39.39%
2024-12-31	39.28%
2024-09-30	38.99%
2024-06-30	40.01%
2024-03-31	40.53%
2023-12-31	40.21%
2023-09-30	44.38%
2023-06-30	44.37%
2023-03-31	44.82%
2022-12-31	44.10%
2022-09-30	45.97%
2022-06-30	46.20%
2022-03-31	45.74%
2021-12-31	45.67%
2021-09-30	45.20%
2021-06-30	45.08%
2021-03-31	45.04%
2020-12-31	46.47%
2020-09-30	46.18%
2020-06-30	46.26%
2020-03-31	46.33%
2019-12-31	45.43%
2019-09-30	28.34%
2019-06-30	28.24%
2019-03-31	27.72%
2018-12-31	27.16%
2018-09-30	33.01%
2018-06-30	32.68%
2018-03-31	32.12%
2017-12-31	31.28%
2017-09-30	29.37%
2017-06-30	29.29%
2017-03-31	30.19%
2016-12-31	31.01%
2016-09-30	30.23%
2016-06-30	30.85%
2016-03-31	30.99%
2015-12-31	31.05%
2015-09-30	30.66%
2015-06-30	31.24%
2015-03-31	31.03%
2014-12-31	31.37%
2014-09-30	32.50%
2014-06-30	33.76%
2014-03-31	33.13%
2013-12-31	32.25%
2013-09-30	29.81%
2013-06-30	29.71%
2013-03-31	32.59%
2012-12-31	32.76%
2012-09-30	31.73%
2012-06-30	32.62%
2012-03-31	33.04%
2011-12-31	33.18%
2011-09-30	34.66%
2011-06-30	35.26%
2011-03-31	32.47%
2010-12-31	32.16%
2010-09-30	31.47%
2010-06-30	32.45%
2010-03-31	29.42%
2009-12-31	28.89%
2009-09-30	28.49%
2009-06-30	28.72%
2009-03-31	28.54%
2008-12-31	27.70%
2008-09-30	29.23%
2008-06-30	29.59%
2008-03-31	29.43%
2007-12-31	28.92%
2007-09-30	26.87%
2007-06-30	26.92%
2007-03-31	27.24%
2006-12-31	25.45%
2006-09-30	27.33%
2006-06-30	27.31%
2006-03-31	24.27%
2005-12-31	24.78%
2005-09-30	24.76%
2005-06-30	25.51%
2005-03-31	25.92%
2004-12-31	26.06%
2004-09-30	26.51%
2004-06-30	27.20%
2004-03-31	27.51%
2003-12-31	27.92%
2003-09-30	27.31%
2003-06-30	25.60%
2003-03-31	24.99%
2002-12-31	26.80%
2002-09-30	26.13%

DATE

DEBT TO ASSETS RATIO

2026-06-30

34.79%

2026-03-31

35.01%

2025-12-31

38.39%

2025-09-30

37.95%

2025-06-30

38.62%

2025-03-31

39.39%

2024-12-31

39.28%

2024-09-30

38.99%

2024-06-30

40.01%

2024-03-31

40.53%

2023-12-31

40.21%

2023-09-30

44.38%

2023-06-30

44.37%

2023-03-31

44.82%

2022-12-31

44.10%

2022-09-30

45.97%

2022-06-30

46.20%

2022-03-31

45.74%

2021-12-31

45.67%

2021-09-30

45.20%

2021-06-30

45.08%

2021-03-31

45.04%

2020-12-31

46.47%

2020-09-30

46.18%

2020-06-30

46.26%

2020-03-31

46.33%

2019-12-31

45.43%

2019-09-30

28.34%

2019-06-30

28.24%

2019-03-31

27.72%

2018-12-31

27.16%

2018-09-30

33.01%

2018-06-30

32.68%

2018-03-31

32.12%

2017-12-31

31.28%

2017-09-30

29.37%

2017-06-30

29.29%

2017-03-31

30.19%

2016-12-31

31.01%

2016-09-30

30.23%

2016-06-30

30.85%

2016-03-31

30.99%

2015-12-31

31.05%

2015-09-30

30.66%

2015-06-30

31.24%

2015-03-31

31.03%

2014-12-31

31.37%

2014-09-30

32.50%

2014-06-30

33.76%

2014-03-31

33.13%

2013-12-31

32.25%

2013-09-30

29.81%

2013-06-30

29.71%

2013-03-31

32.59%

2012-12-31

32.76%

2012-09-30

31.73%

2012-06-30

32.62%

2012-03-31

33.04%

2011-12-31

33.18%

2011-09-30

34.66%

2011-06-30

35.26%

2011-03-31

32.47%

2010-12-31

32.16%

2010-09-30

31.47%

2010-06-30

32.45%

2010-03-31

29.42%

2009-12-31

28.89%

2009-09-30

28.49%

2009-06-30

28.72%

2009-03-31

28.54%

2008-12-31

27.70%

2008-09-30

29.23%

2008-06-30

29.59%

2008-03-31

29.43%

2007-12-31

28.92%

2007-09-30

26.87%

2007-06-30

26.92%

2007-03-31

27.24%

2006-12-31

25.45%

2006-09-30

27.33%

2006-06-30

27.31%

2006-03-31

24.27%

2005-12-31

24.78%

2005-09-30

24.76%

2005-06-30

25.51%

2005-03-31

25.92%

2004-12-31

26.06%

2004-09-30

26.51%

2004-06-30

27.20%

2004-03-31

27.51%

2003-12-31

27.92%

2003-09-30

27.31%

2003-06-30

25.60%

2003-03-31

24.99%

2002-12-31

26.80%

2002-09-30

26.13%

Debt to Assets Ratio: 34.79%

HTO Debt to Assets Ratio

HTO Average Debt to Assets Ratio Chart

HTO Current vs Average Debt to Assets Ratio Chart

HTO Debt to Assets Ratio Metrics

HTO Competitors' Debt to Assets Ratio

Leverage Ratios Comparison

Debt to Assets Ratio Formula & Definition

Debt to Assets Ratio FAQ

HTO Debt to Assets Ratio History

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