Event-Driven Stocks

H2O AMERICA

HTONasdaq

Utilities · Water Supply · DE · SEC filings ↗ · Compare ⊕

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Signs● 4 gooddetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$805.6M$736.3M$678.2M$586.9M$559.6M$549.3M
Operating income$177.5M$170.5M$149.4M$131.0M$111.2M$117.7M
Net income$102.6M$94.0M$85.0M$73.8M$60.5M$61.5M
Total assets$5.15B$4.66B$4.35B$3.76B$3.49B$3.31B
Total liabilities——————
Equity$1.54B$1.37B$1.23B$1.11B$1.03B$917.2M
EPS (diluted)$2.92$2.87$2.68$2.43$2.03$2.14
Shares out.33.7M32.1M30.8M30.2M28.6M28.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
22.0%
Net margin
12.7%
Return on equity
6.7%
Return on assets
2.0%
Return on capital (ROCE)
3.6%
Liabilities / assets
—
Debt / equity
—
Book value / share
$45.76
Revenue growth (YoY)
9.4%
Net income growth (YoY)
9.2%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Accruals / assets
−2.8%clean
Piotroski F-Score
3/8weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
77
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 4 good
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20264.8M10.4-1.3%
Apr 30, 20264.8M6.9+1.5%
Apr 15, 20264.8M8.3-10.6%
Mar 31, 20265.3M8.7+3.8%
Mar 13, 20265.1M5.3+210.3%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)