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H2O AmericaHTO +2.00%72 EV-to-OCF is 17.91 as of Jul. 16, 2026, which is 8% below its 10-year median of 19.48. GuruFocus rates HTO with a GF Score™ of 72/100 and a GF Value™ of $57.40 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 507 Utilities - Regulated companies, H2O America ranks worse than 75.35% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, H2O America's Enterprise Value is $4,394.7 Mil.
H2O America's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $245.3 Mil. Therefore, H2O America's EV-to-OCF for today is 17.91.
The historical rank and industry rank for H2O America's EV-to-OCF or its related term are showing as below:
HTO'
s EV-to-OCF Range Over the Past 10 Years
Min: 11.43 Med: 19.48 Max: 33.95
Current: 17.91
During the past 13 years, the highest EV-to-OCF of H2O America was 33.95. The lowest was 11.43. And the median was 19.48.
HTO's EV-to-OCF is ranked worse than 75.35% of 507
companies
in the Utilities - Regulated industry
Industry Median: 10.75
vs HTO: 17.91
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
H2O America's PE Ratio (TTM) for today is calculated as:
H2O America's share price for today is $63.90.
H2O America's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.920.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
H2O America EV-to-OCF Related Terms
H2O America EV-to-OCF Historical Data
* Premium members only.
The historical data trend for H2O America's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Water subindustry, H2O America's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
H2O America EV-to-OCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, H2O America's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where H2O America's EV-to-OCF falls into.
H2O America's current Enterprise Value is $4,394.7 Mil.
H2O America's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $245.3 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
H2O America (HTO) has a EV-to-OCF of 17.91 as of Jul. 16, 2026. This is near median its historical median of 19.48. Over the past decade, H2O America's EV-to-OCF has ranged from 11.43 to 33.95. According to the industry distribution chart, H2O America ranks #382 out of 507 companies in the Utilities - Regulated industry, placing it in the top 75.3%.
Is H2O America's EV-to-OCF too high?
H2O America's current EV-to-OCF of 17.91 is near median its 10-year median of 19.48. Over the past 10 years, this metric has ranged from a low of 11.43 to a high of 33.95. The Utilities - Regulated industry median EV-to-OCF is 10.75. H2O America's value of 17.91 is 66.6% above this industry median. Based on the distribution chart, H2O America ranks #382 out of 507 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, H2O America has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does H2O America's EV-to-OCF compare to CWT and AWR?
According to the Utilities - Regulated industry distribution chart, H2O America ranks #382 out of 507 companies for EV-to-OCF. This places H2O America in the lower half of its industry. The industry median EV-to-OCF is 10.75. H2O America's value of 17.91 is 66.6% above this benchmark. Historically, H2O America's own EV-to-OCF has ranged from 11.43 to 33.95 over the past decade. While the company's 10-year median is 19.48 vs. the industry median of 10.75, H2O America has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Utilities - Regulated company?
The median EV-to-OCF among Utilities - Regulated companies is 10.75, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H2O America's current EV-to-OCF of 17.91 is 66.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median EV-to-OCF is 10.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H2O America's current EV-to-OCF is 17.91, which is near median its own 10-year median of 19.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H2O America stock overvalued right now?
Based on GuruFocus' analysis, H2O America (HTO) is currently considered Modestly Overvalued. The stock's GF Value™ is $57.40, compared to a current price of $63.90 — trading 11.3% above its estimated fair value. The current EV-to-OCF is 17.91, which is near median its 10-year median of 19.48 and 66.6% above the Utilities - Regulated industry median of 10.75. H2O America's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For H2O America (HTO), the current EV-to-OCF is 17.91 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is H2O America (HTO) Overvalued in 2026?
Based on GuruFocus' analysis, H2O America stock appears to be overvalued.
The current stock price of $63.90 is trading 11.3% above its estimated GF Value™ of $57.40.
GuruFocus considers H2O America to be Modestly Overvalued.
Key valuation signals for HTO:
EV-to-OCF: 17.91 (near median its 10-year median of 19.48)
GF Value™: $57.40 vs. price of $63.90 (11.3% above fair value)
Industry Position: 66.6% above the Utilities - Regulated median (#382 of 507)
No single metric tells the full story. See the HTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
H2O America is a national investor-owned network of local water and wastewater utilities united by one purpose: delivering clean, high-quality water to the communities it calls home. Across approximately 407,000 water and wastewater service connections, the company invests in critical infrastructure to strengthen the water supply for generations to come. Its single reportable segment provides water utility and utility-related services to its customers.
72GF Score
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