HTO (H2O America) Gross Profit: $463.9 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HTO H2O America HTO
72 GF Score
Price $62.95
GF Value $57.40
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is H2O America Gross Profit?

H2O America HTO +0.75% 72 Gross Profit is $463.9 Mil as of Mar. 2026. GuruFocus rates HTO with a GF Score™ of 72/100 and a GF Value™ of $57.40 (Fairly Valued). The stock has 9 warning signs investors should review.

H2O America's gross profit for the three months ended in Mar. 2026 was $108.5 Mil. H2O America's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $463.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. H2O America's gross profit for the three months ended in Mar. 2026 was $108.5 Mil. H2O America's Revenue for the three months ended in Mar. 2026 was $183.3 Mil. Therefore, H2O America's Gross Margin % for the quarter that ended in Mar. 2026 was 59.19%.

H2O America had a gross margin of 59.19% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of H2O America was 57.94%. The lowest was 52.94%. And the median was 56.44%.


H2O America  (NAS:HTO) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

H2O America had a gross margin of 59.19% for the quarter that ended in Mar. 2026 => Durable competitive advantage


H2O America Gross Profit Related Terms


H2O America Gross Profit Historical Data

* Premium members only.

The historical data trend for H2O America's Gross Profit 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 Gross Profit Chart

H2O America Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 318.57 357.17 388.43 425.12 456.53

H2O America Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit 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 101.13 109.92 134.21 111.27 108.49

HTO vs CWT, AWR, MSEX: Gross Profit Comparison

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

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

* The bar in red indicates where H2O America's Gross Profit falls into.


HTO
72GF Score
H2O America HTO
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H2O America Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

H2O America's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=800.59 - 344.056
=456.5

H2O America's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=183.293 - 74.8
=108.5

Gross Profit 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 $463.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

H2O America's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=108.5 / 183.293
=59.19 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $463.9 Mil mean?
H2O America (HTO) has a Gross Profit of $463.9 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on H2O America and its competitors.
Is H2O America's Gross Profit too high?
H2O America's current Gross Profit is $463.9 Mil. Overall, H2O America has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H2O America's Gross Profit compare to CWT and AWR?
H2O America's Gross Profit of $463.9 Mil 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 Gross Profit for an Utilities - Regulated company?
A good Gross Profit depends on the Utilities - Regulated industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on H2O America and its competitors. H2O America's current Gross Profit is $463.9 Mil. 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 Fairly Valued. The stock's GF Value™ is $57.40, compared to a current price of $62.95 — trading 9.7% above its estimated fair value. The current Gross Profit is $463.9 Mil. 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 Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For H2O America (HTO), the current Gross Profit is $463.9 Mil 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 $62.95 is trading 9.7% above its estimated GF Value™ of $57.40. GuruFocus considers H2O America to be Fairly Valued.

Key valuation signals for HTO:

  • Gross Profit: $463.9 Mil
  • GF Value™: $57.40 vs. price of $62.95 (9.7% above fair value)
  • GF Score™: 72/100 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.
72GF Score

Get the complete analysis for HTO

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

$62.95
Price
$57.40
GF Value