HTO (H2O America) Goodwill-to-Asset: 0.12 (As of Mar. 2026)

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HTO H2O America HTO
76 GF Score
Price $65.43
GF Value $57.36
Valuation Modestly Overvalued
! 9 Warning Signs
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What is H2O America Goodwill-to-Asset?

H2O America HTO +1.57% 76 Goodwill-to-Asset is 0.12 as of Mar. 2026. GuruFocus rates HTO with a GF Score™ of 76/100 and a GF Value™ of $57.36 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. H2O America's Goodwill for the quarter that ended in Mar. 2026 was $640.3 Mil. H2O America's Total Assets for the quarter that ended in Mar. 2026 was $5,353.3 Mil. Therefore, H2O America's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.12.


H2O America  (NAS:HTO) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


H2O America Goodwill-to-Asset Related Terms


H2O America Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for H2O America's Goodwill-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.

H2O America Goodwill-to-Asset Chart

H2O America Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.17 0.15 0.14 0.12

H2O America Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.13 0.13 0.12 0.12

HTO vs CWT, AWR, MSEX: Goodwill-to-Asset Comparison

For the Utilities - Regulated Water subindustry, H2O America's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-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 Goodwill-to-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, H2O America's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where H2O America's Goodwill-to-Asset falls into.


HTO
76GF Score
H2O America HTO
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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H2O America Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

H2O America's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=640.311/5149.566
=0.12

H2O America's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill to Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=640.311/5353.304
=0.12

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.12 mean?
H2O America (HTO) has a Goodwill-to-Asset of 0.12 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on H2O America and its competitors.
Is H2O America's Goodwill-to-Asset too high?
H2O America's current Goodwill-to-Asset is 0.12. Overall, H2O America has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does H2O America's Goodwill-to-Asset compare to CWT and AWR?
H2O America's Goodwill-to-Asset of 0.12 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for an Utilities - Regulated company?
A good Goodwill-to-Asset depends on the Utilities - Regulated industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on H2O America and its competitors. H2O America's current Goodwill-to-Asset is 0.12. 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 $57.36, compared to a current price of $65.43 — trading 14.1% above its estimated fair value. The current Goodwill-to-Asset is 0.12. H2O America's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For H2O America (HTO), the current Goodwill-to-Asset is 0.12 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 14.1% above its estimated GF Value™ of $57.36. GuruFocus considers H2O America to be Modestly Overvalued.

Key valuation signals for HTO:

  • Goodwill-to-Asset: 0.12
  • GF Value™: $57.36 vs. price of $65.43 (14.1% above fair value)
  • GF Score™: 76/100 with 9 warning signs

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 Business Description

Other Exchanges 76W:Germany
Address 110 West Taylor Street, San Jose, CA, USA, 95110
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.
76GF Score

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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$65.43
Price
$57.36
GF Value