PCYONasdaqWater SupplyFiscal year ends August 31

PURE CYCLE CORP

Financials through Q3 FY2026, quarter ended May 31, 2026Last filing: 10-Q on Jul 8, 2026

$10.85−0.17 (-1.54%)

Close on Oct 19, 2026

Market cap: $262.17M
P/E (TTM): 17.8
Dividend yield: –

PURE CYCLE CORP cash flow statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-08-31	FY 2024 2024-08-31	FY 2023 2023-08-31	FY 2022 2022-08-31	FY 2021 2021-08-31	FY 2020 2020-08-31	FY 2019 2019-08-31	FY 2018 2018-08-31	FY 2017 2017-08-31	FY 2016 2016-08-31	FY 2015 2015-08-31	FY 2014 2014-08-31	FY 2013 2013-08-31	FY 2012 2012-08-31	FY 2011 2011-08-31	FY 2010 2010-08-31
Depreciation & Amortization	2.30	2.10	2.16	2.13	1.77	1.72	1.28	0.90	0.73	0.42	0.35	0.20	0.31	0.31	0.21	0.26
Stock-Based Compensation	0.32	0.44	0.54	0.60	0.50	0.52	0.34	0.32	0.23	0.22	0.24	0.25	0.07	0.05	0.09	0.09
Deferred Income Taxes	0.10	–	0.30	0.50	0.70	2.17	-1.28	0	–	–	–	–	–	–	–	–
Change in Accounts Receivable	0.14	-0.38	1.33	-0.89	-0.41	-0.02	0.00	-0.37	-0.48	-0.02	0.92	-1.04	-0.45	-0.04	-0.03	-0.01
Change in Inventory	–	–	–	–	–	–	-5.02	-1.22	0	0	–	–	–	–	–	–
Change in Accounts Payable	0.93	0.97	1.26	-2.36	1.55	0.19	-0.37	0.75	0.48	-0.27	-0.85	1.19	0.12	0.25	0.07	0.03
Change in Unearned Revenue	1.18	0.44	-2.61	2.28	-1.20	-1.46	3.63	0.36	-0.06	-0.06	-0.06	-0.07	-0.07	-0.03	-0.06	-0.06
Operating Cash Flow	13	2.31	-2.34	17	3.46	21	3.53	0.00	-1.05	-0.27	-0.97	0.05	-1.76	-1.89	-0.62	-1.58
Capital Expenditures	–	–	–	–	–	–	–	-0.45	-0.10	-0.47	-0.02	0.00	-0.04	0.00	–	-0.10
Acquisitions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	-0.74
Sale of Property, Plant & Equipment	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01
Purchase of Investments	–	–	-15	–	–	-1.72	-52	-23	0	6.86	0	0	–	-1.24	-6.36	–
Sale & Maturity of Investments	–	–	15	–	–	6.91	56	34	9.79	2.84	0	0	1.10	4.72	3.20	1.56
Other Investing Activities	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	-0.01
Investing Cash Flow	-9.65	-4.83	-9.24	-6.67	-2.90	-3.45	-11	5.70	1.93	-32	43	2.14	4.10	3.35	-10.00	0.81
Share Repurchases	-0.40	-0.58	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Financing Cash Flow	-0.49	-0.61	2.85	3.99	0.09	0.05	0.19	0.29	0.00	0.00	-6.22	-2.89	-1.52	0.08	11	0.08
Net Change in Cash	–	–	–	–	–	–	–	5.99	0.88	-32	35	-0.70	0.82	1.55	0.06	-0.69
Free Cash Flow	–	–	–	–	–	–	–	-0.44	-1.15	-0.74	-0.99	0.05	-1.80	-1.89	–	-1.68
Income Taxes Paid	4.35	2.06	0.95	5.26	0	1.02	0	0	0	0.29	–	–	–	–	–	–
Interest Paid	0.41	0.42	0.14	0.06	–	–	0	0	0	0	0.44	0.31	0.25	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at May 31, 2026

Profitability, TTM

Gross margin: 62.0%
Operating margin: 37.7%
Net margin: 43.7%
Return on equity, FY2025: 9.6%

Financial strength

Current ratio: 1.53
Debt to equity: 0.09
Debt to assets: 8.0%
Cash to current liabilities: 82.9%

Valuation

P/E ratio: 17.8
Price to sales: 7.77
Price to book: 1.73
Dividend yield: –