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H2O AmericaHTO +1.57%72 Equity-to-Asset is 0.34 as of Mar. 2026, which is 17% above its 10-year median of 0.29. 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 509 Utilities - Regulated companies, H2O America ranks worse than 55.01% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. H2O America's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,834.1 Mil. H2O America's Total Assets for the quarter that ended in Mar. 2026 was $5,353.3 Mil.
Therefore, H2O America's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.34.
The historical rank and industry rank for H2O America's Equity-to-Asset or its related term are showing as below:
HTO'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.29 Max: 0.46
Current: 0.34
During the past 13 years, the highest Equity to Asset Ratio of H2O America was 0.46. The lowest was 0.28. And the median was 0.29.
HTO's Equity-to-Asset is ranked worse than 55.01% of 509
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs HTO: 0.34
H2O America (NAS:HTO) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
H2O America Equity-to-Asset Related Terms
H2O America Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for H2O America's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, H2O America's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where H2O America's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
H2O America's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.34 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on H2O America and its competitors. This is 17% above median its historical median of 0.29. Over the past decade, H2O America's Equity-to-Asset has ranged from 0.28 to 0.46. According to the industry distribution chart, H2O America ranks #280 out of 509 companies in the Utilities - Regulated industry, placing it in the top 55%.
Is H2O America's Equity-to-Asset too high?
H2O America's current Equity-to-Asset of 0.34 is 17% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.46. The Utilities - Regulated industry median Equity-to-Asset is 0.36. H2O America's value of 0.34 is 5.6% below this industry median. Based on the distribution chart, H2O America ranks #280 out of 509 companies in the Utilities - Regulated industry, which is below the industry midpoint. 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 Equity-to-Asset compare to CWT and AWR?
According to the Utilities - Regulated industry distribution chart, H2O America ranks #280 out of 509 companies for Equity-to-Asset. This places H2O America in the lower half of its industry. The industry median Equity-to-Asset is 0.36. H2O America's value of 0.34 is 5.6% below this benchmark. Historically, H2O America's own Equity-to-Asset has ranged from 0.28 to 0.46 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.36, H2O America has consistently been below 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 Equity-to-Asset for an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H2O America's current Equity-to-Asset of 0.34 is 5.6% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on H2O America and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H2O America's current Equity-to-Asset is 0.34, which is 17% above median its own 10-year median of 0.29. 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 $65.43 — trading 14% above its estimated fair value. The current Equity-to-Asset is 0.34, which is 17% above median its 10-year median of 0.29 and 5.6% below the Utilities - Regulated industry median of 0.36. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For H2O America (HTO), the current Equity-to-Asset is 0.34 as of Mar. 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 $65.43 is trading 14% above its estimated GF Value™ of $57.40.
GuruFocus considers H2O America to be Modestly Overvalued.
Key valuation signals for HTO:
Equity-to-Asset: 0.34 (17% above median its 10-year median of 0.29)
GF Value™: $57.40 vs. price of $65.43 (14% above fair value)
Industry Position: 5.6% below the Utilities - Regulated median (#280 of 509)
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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