H2O AMERICA
Close on Oct 19, 2026
- Market cap
- $2.15B
- P/E (TTM)
- 19.1
- Dividend yield
- 3.01%
About H2o America
Water Supply, SIC 4941
H2O America is a utility holding company primarily focused on water and wastewater utility services. Operating through regulated subsidiaries such as San Jose Water Company, The Connecticut Water Company, The Maine Water Company, and The Texas Water Company, it handles the production, storage, purification, distribution, and wholesale and retail sale of water. Its primary reportable segment is Water Utility Services, which caters to public and municipal consumers. Additionally, it offers non-tariffed services, contract water and sewer operations, real estate management, and service line protection plans.
The business conducts utility operations across California, Connecticut, Maine, and Texas, delivering water services through over 405,000 connections serving more than 1.5 million people across hundreds of square miles. It also maintains several thousand wastewater connections. Its operations are centered around municipal territories, with subsidiaries maintaining regional headquarters in San Jose, California, and Clinton, Connecticut.
Summary of the business section of H2o America's latest annual report, written by StockData.
Company profile
Company
- Legal name
- H2O AMERICA
- Founded
- 1985
- Headquarters
- San Jose, CA
- Address
- 110 W. Taylor Street 95110
- Phone
- (650) 605-7029
- Website
- www.sjwgroup.com
- Employees
- 837, Dec 31, 2025
- Industry
- Water Supply
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, San Jose, California
Stock & identifiers
- Ticker
- HTO
- Exchange
- Nasdaq
- Shares outstanding
- 42M, Jul 24, 2026
- Public float
- $1.80B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Mar 17, 2006; 3-for-1, Mar 2, 2004; 2-for-1, Jul 24, 1985
- SEC CIK
- 766829
- CUSIP
- 784305104
- ISIN
- US7843051043
- LEI
- 9845001B7F4E4U1CHD46
- EIN
- 77-0066628
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Andrew F. Walters | Chief Executive Officer, Director | 26,561 |
| Eric W. Thornburg | President & CEO, Director | 78,418 |
| Megan Mattern | CAO, PAO and Controller | 13,631 |
| Ann P. Kelly | CFO and Treasurer | 9,976 |
| A. Kristen Johnson | Chief Administrative Officer | 14,565 |
| Willie D. Brown Jr. | VP & Gen Counsel | 13,554 |
| Bruce A. Hauk | President and COO | 15,491 |
| Craig J. Patla | President of CTWS | 5,200 |
| Tanya Moniz-Witten | President, San Jose Water Co. | 12,812 |
| Douwe Busschops | Chief Information Officer | 1,768 |
| Daniel B. More | Director | 17,085 |
| Nick Orlando Rowe | Director | 2,452 |
| Hunt Heather | Director | 11,238 |
| Mary Ann Hanley | Director | 11,583 |
| Carol P. Wallace | Director | 11,238 |
| Denise L. Kruger | Director | 6,923 |
| Carl Guardino | Director | 9,139 |
| Rebecca A. Klein | Director | 9,208 |
| Gregory P. Landis | Director | 12,803 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Andrew Walters | $2.87M | $1.87M | $1.32M | $80 | $153 |
| FY2025 Eric Thornburg | $3.07M | $1.96M | $1.32M | $80 | $153 |
| FY2024 Eric Thornburg | $4.05M | $1.81M | $1.41M | $78 | $132 |
| FY2023 Eric Thornburg | $4.21M | $3.04M | $1.35M | $100 | $106 |
| FY2022 Eric Thornburg | $3.19M | $4.59M | $992.65K | $122 | $120 |
| FY2021 Eric Thornburg | $3.29M | $2.75M | $995.67K | $108 | $121 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, H2O America had 837 full-time employees, of whom 396 were SJWC employees, 248 were CWC employees, 109 were TWC employees, and 84 were MWC employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 1, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 1, 2025 | Name change | Name changed from SJW GROUP to H2O AMERICA |
| Nov 8, 2024 | Listing | Registration of securities on an exchange (Form 8-A) |
| Nov 7, 2024 | Delisting | Notice of delisting from exchange (Form 25) |
| Oct 28, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Aug 17, 2020 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 9, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 7, 2018 | Tender offer | Third-party tender offer for the company's shares |
| Apr 25, 2018 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Nov 2, 2016 | Name change | Name changed from SJW CORP to SJW GROUP |
| Oct 31, 2005 | Listing | Registration of securities on an exchange (Form 8-A) |
| Oct 31, 2005 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |