GWRSNasdaqWater SupplyFiscal year ends December 31
Global Water Resources, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$7.82−0.17 (-2.13%)
Close on Oct 19, 2026
- Market cap
- $225.29M
- P/E (TTM)
- 65.2
- Dividend yield
- 3.84%
Margins
Share of revenue, fiscal years 2006 to 2025
Operating margin
12.8%−6.2 pts over 5 years
Net margin
5.3%+2.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.8% | +7.6% | +7.6% | +5.7% | |
| Operating income | -23.6% | -2.9% | -0.5% | +0.9% | |
| Net income | -48.9% | -18.7% | +21.8% | -17.9% | |
| EPS, diluted | -54.2% | -22.9% | +17.1% | -21.1% | |
| Dividend per share | 0.0% | 0.0% | +0.7% | -14.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -14.3% | 3.9% | 4.4% | |
| Return on assets | -1.1% | 0.4% | 0.7% | |
| Current ratio | 2.27 | 1.89 | 0.76 | |
| Debt to equity | 7.67 | 3.56 | 1.54 | |
| Net debt to EBITDA | – | – | 5.85× | |
| Interest coverage | 0.5× | 1.4× | 1.2× | |
| Capex to revenue | 28.8% | 23.6% | 120.7% | |
| Diluted shares | 19M | 23M | 27M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Global Water Resources generated $111.07M from operations and spent $210.37M on capital expenditure, dividends and share buybacks. 83% of that went back into the business.
Generated
$111.07M
Used
$210.37M
Capital expenditure$174.19M83%Dividends$36.18M17%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.3%
×Asset turnover0.13×
×Equity multiplier6.62×
=Return on equity, FY20254.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.3% | 0.13× | 6.62× | 4.4% |
| FY2024 | 11.0% | 0.14× | 7.96× | 12.0% |
| FY2023 | 15.1% | 0.16× | 7.36× | 17.2% |
| FY2022 | 12.3% | 0.14× | 8.29× | 14.8% |
| FY2021 | 8.6% | 0.15× | 9.28× | 11.6% |
| FY2020 | 2.9% | 0.14× | 9.67× | 3.9% |
| FY2019 | 6.3% | 0.13× | 10.06× | 8.5% |
| FY2018 | 8.7% | 0.14× | 11.73× | 14.5% |
| FY2017 | 14.6% | 0.13× | 15.99× | 30.5% |
| FY2016 | -8.4% | 0.13× | 13.54× | -14.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$2.96M
- Cash generatingOperating cash flow above zero$20.17M
- Return on assets improvedROA up on the prior year1.6% → 0.7%
- Earnings backed by cashOperating cash flow above net income$20.17M vs $2.96M
- Less leverageLong-term debt to assets fell29.3% → 26.9%
- Better liquidityCurrent ratio rose0.87 → 0.76
- No dilutionShare count did not rise24M → 27M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.15 → 0.14