H2O America (HTO) Gross Profit Margin: 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 Gross Margin Metrics

GROSS MARGIN

46.73%

GROSS MARGIN AVG TTM

56.32%

GROSS MARGIN AVG 3Y

57.87%

GROSS MARGIN AVG 5Y

57.60%

GROSS MARGIN AVG 10Y

56.04%

GROSS MARGIN AVG 15Y

56.14%

GROSS MARGIN AVG 20Y

58.20%

CURRENT VS TTM AVG

-17.02%

CURRENT VS 3Y AVG

-19.25%

CURRENT VS 5Y AVG

-18.87%

CURRENT VS 10Y AVG

-16.62%

CURRENT VS 15Y AVG

-16.76%

CURRENT VS 20Y AVG

-19.71%

SECTOR MEDIAN · UTILITIES

35.25%

median of 66 covered companies

CURRENT VS SECTOR MEDIAN

+32.57%

vs the sector median at left

NAME	MARKET CAP	GROSS MARGIN	TTM	3Y	5Y
H2O America (HTO)	$2.44B	46.73%	56.32%	57.87%	57.60%
ReNew Energy Global Plc (RNW)vs ›	$2.50B	62.17%	74.84%	84.01%	89.10%
newcleo plc Ordinary Shares (NWCL)vs ›	$2.30B	N/A	N/A	N/A	N/A
MGE Energy, Inc. (MGEE)vs ›	$2.67B	97.31%	69.25%	52.90%	47.45%
Northwest Natural Holding Company (NWN)vs ›	$2.00B	45.17%	37.03%	35.59%	36.57%
Avista Corporation (AVA)vs ›	$2.95B	24.19%	41.51%	49.97%	55.86%
SOLV Energy, Inc. Class A Common Stock (MWH)vs ›	$3.24B	15.82%	15.18%	9.95%	9.95%
Fluence Energy, Inc. (FLNC)vs ›	$1.48B	9.18%	12.86%	6.72%	3.02%
Middlesex Water Company (MSEX)vs ›	$996.65M	43.64%	45.52%	48.09%	48.48%
XPLR Infrastructure, LP (XIFR)vs ›	$979.02M	17.33%	34.81%	41.75%	45.94%

NAME

MARKET CAP

GROSS MARGIN

TTM

H2O America (HTO)

$2.44B

46.73%

56.32%

57.87%

57.60%

ReNew Energy Global Plc (RNW)vs ›

$2.50B

62.17%

74.84%

84.01%

89.10%

newcleo plc Ordinary Shares (NWCL)vs ›

$2.30B

N/A

MGE Energy, Inc. (MGEE)vs ›

$2.67B

97.31%

69.25%

52.90%

47.45%

Northwest Natural Holding Company (NWN)vs ›

$2.00B

45.17%

37.03%

35.59%

36.57%

Avista Corporation (AVA)vs ›

$2.95B

24.19%

41.51%

49.97%

55.86%

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

$3.24B

15.82%

15.18%

9.95%

Fluence Energy, Inc. (FLNC)vs ›

$1.48B

9.18%

12.86%

6.72%

3.02%

Middlesex Water Company (MSEX)vs ›

$996.65M

43.64%

45.52%

48.09%

48.48%

XPLR Infrastructure, LP (XIFR)vs ›

$979.02M

17.33%

34.81%

41.75%

45.94%

Gross Margin FAQ

What is the gross margin for H2O America (HTO)?

The gross margin for HTO stock is 46.73%.

Is H2O America's gross margin high or low?

The gross margin of 46.73% is 19% below its 5-year average of 57.60%, near the low end of its 5-year range (46.73%–63.76%).

What is the TTM average gross margin for H2O America (HTO)?

The TTM average gross margin for HTO stock is 56.32%.

What is the 3Y average gross margin for H2O America (HTO)?

The 3Y average gross margin for HTO stock is 57.87%.

What is the 5Y average gross margin for H2O America (HTO)?

The 5Y average gross margin for HTO stock is 57.60%.

What is the 10Y average gross margin for H2O America (HTO)?

The 10Y average gross margin for HTO stock is 56.04%.

What is the 15Y average gross margin for H2O America (HTO)?

The 15Y average gross margin for HTO stock is 56.14%.

What is the 20Y average gross margin for H2O America (HTO)?

The 20Y average gross margin for HTO stock is 58.20%.

DATE	GROSS MARGIN
2026-06-30	59.39%
2026-03-31	63.76%
2025-12-31	47.20%
2025-09-30	55.79%
2025-06-30	55.44%
2025-03-31	60.34%
2024-12-31	58.41%
2024-09-30	53.69%
2024-06-30	55.53%
2024-03-31	60.85%
2023-12-31	58.23%
2023-09-30	56.50%
2023-06-30	56.54%
2023-03-31	61.34%
2022-12-31	63.11%
2022-09-30	54.16%
2022-06-30	55.32%
2022-03-31	57.33%
2021-12-31	57.66%
2021-09-30	52.99%
2021-06-30	55.59%
2021-03-31	56.56%
2020-12-31	55.54%
2020-09-30	55.24%
2020-06-30	56.86%
2020-03-31	56.92%
2019-12-31	54.68%
2019-09-30	46.25%
2019-06-30	54.49%
2019-03-31	59.95%
2018-12-31	51.74%
2018-09-30	51.84%
2018-06-30	55.11%
2018-03-31	53.51%
2017-12-31	52.59%
2017-09-30	53.51%
2017-06-30	57.58%
2017-03-31	56.00%
2016-12-31	54.07%
2016-09-30	56.19%
2016-06-30	63.50%
2016-03-31	60.03%
2015-12-31	64.98%
2015-09-30	52.37%
2015-06-30	57.69%
2015-03-31	60.14%
2014-12-31	56.17%
2014-09-30	65.40%
2014-06-30	47.90%
2014-03-31	50.91%
2013-12-31	50.58%
2013-09-30	48.72%
2013-06-30	51.60%
2013-03-31	57.11%
2012-12-31	41.55%
2012-09-30	51.39%
2012-06-30	53.49%
2012-03-31	54.77%
2011-12-31	64.17%
2011-09-30	56.69%
2011-06-30	62.42%
2011-03-31	64.46%
2010-12-31	64.43%
2010-09-30	57.13%
2010-06-30	59.86%
2010-03-31	64.13%
2009-12-31	64.06%
2009-09-30	58.77%
2009-06-30	58.93%
2009-03-31	66.02%
2008-12-31	74.49%
2008-09-30	55.67%
2008-06-30	57.37%
2008-03-31	67.33%
2007-12-31	76.86%
2007-09-30	70.20%
2007-06-30	71.79%
2007-03-31	73.76%
2006-12-31	73.72%
2006-09-30	70.72%
2006-06-30	73.53%
2006-03-31	78.62%
2005-12-31	73.70%
2005-09-30	70.27%
2005-06-30	71.53%
2005-03-31	76.93%
2004-12-31	74.59%
2004-09-30	68.44%
2004-06-30	70.92%
2004-03-31	76.42%
2003-12-31	72.71%
2003-09-30	68.66%
2003-06-30	73.13%
2003-03-31	75.75%
2002-12-31	68.68%
2002-09-30	67.12%

DATE

GROSS MARGIN

2026-06-30

59.39%

2026-03-31

63.76%

2025-12-31

47.20%

2025-09-30

55.79%

2025-06-30

55.44%

2025-03-31

60.34%

2024-12-31

58.41%

2024-09-30

53.69%

2024-06-30

55.53%

2024-03-31

60.85%

2023-12-31

58.23%

2023-09-30

56.50%

2023-06-30

56.54%

2023-03-31

61.34%

2022-12-31

63.11%

2022-09-30

54.16%

2022-06-30

55.32%

2022-03-31

57.33%

2021-12-31

57.66%

2021-09-30

52.99%

2021-06-30

55.59%

2021-03-31

56.56%

2020-12-31

55.54%

2020-09-30

55.24%

2020-06-30

56.86%

2020-03-31

56.92%

2019-12-31

54.68%

2019-09-30

46.25%

2019-06-30

54.49%

2019-03-31

59.95%

2018-12-31

51.74%

2018-09-30

51.84%

2018-06-30

55.11%

2018-03-31

53.51%

2017-12-31

52.59%

2017-09-30

53.51%

2017-06-30

57.58%

2017-03-31

56.00%

2016-12-31

54.07%

2016-09-30

56.19%

2016-06-30

63.50%

2016-03-31

60.03%

2015-12-31

64.98%

2015-09-30

52.37%

2015-06-30

57.69%

2015-03-31

60.14%

2014-12-31

56.17%

2014-09-30

65.40%

2014-06-30

47.90%

2014-03-31

50.91%

2013-12-31

50.58%

2013-09-30

48.72%

2013-06-30

51.60%

2013-03-31

57.11%

2012-12-31

41.55%

2012-09-30

51.39%

2012-06-30

53.49%

2012-03-31

54.77%

2011-12-31

64.17%

2011-09-30

56.69%

2011-06-30

62.42%

2011-03-31

64.46%

2010-12-31

64.43%

2010-09-30

57.13%

2010-06-30

59.86%

2010-03-31

64.13%

2009-12-31

64.06%

2009-09-30

58.77%

2009-06-30

58.93%

2009-03-31

66.02%

2008-12-31

74.49%

2008-09-30

55.67%

2008-06-30

57.37%

2008-03-31

67.33%

2007-12-31

76.86%

2007-09-30

70.20%

2007-06-30

71.79%

2007-03-31

73.76%

2006-12-31

73.72%

2006-09-30

70.72%

2006-06-30

73.53%

2006-03-31

78.62%

2005-12-31

73.70%

2005-09-30

70.27%

2005-06-30

71.53%

2005-03-31

76.93%

2004-12-31

74.59%

2004-09-30

68.44%

2004-06-30

70.92%

2004-03-31

76.42%

2003-12-31

72.71%

2003-09-30

68.66%

2003-06-30

73.13%

2003-03-31

75.75%

2002-12-31

68.68%

2002-09-30

67.12%

Gross Margin: 46.73%

HTO Gross Margin

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