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 statistics
Financials through May 31, 2026, price as of Oct 19, 2026, median of Water Supply companies for comparison
Valuation
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Market Cap | $261.46M | $3.73B |
| Enterprise Value | $267.14M | $6.51B |
| PE Ratio | 17.79 | 20.55 |
| PS Ratio | 7.75 | 2.76 |
| PB Ratio | 1.72 | 1.91 |
| P/TBV Ratio | 1.72 | 2.15 |
| P/OCF Ratio | 34.53 | 9.72 |
Enterprise value
| Measure | Pure Cycle | Industry median |
|---|---|---|
| EV / Sales | 7.92 | 4.39 |
| EV / EBITDA | 17.73 | 13.37 |
| EV / EBIT | 21.03 | 21.21 |
Income (trailing twelve months)
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Revenue | $33.73M | $1.96B |
| Gross Profit | $20.90M | $772.78M |
| Operating Income | $12.70M | $356.99M |
| Pretax Income | $19.64M | $257.00M |
| Net Income | $14.73M | $132.10M |
| EBITDA | $15.07M | $626.69M |
| EPS (Diluted) | $0.61 | $1.96 |
Margins
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Gross Margin | 62.0% | 43.2% |
| Operating Margin | 37.7% | 19.0% |
| Pretax Margin | 58.2% | 13.7% |
| Profit Margin | 43.7% | 10.9% |
| EBITDA Margin | 44.7% | 33.2% |
Returns
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Return on Equity (ROE) | 10.2% | 8.92% |
| Return on Assets (ROA) | 8.99% | 2.64% |
| Return on Invested Capital (ROIC) | 6.65% | 5.67% |
| Return on Capital Employed (ROCE) | 7.66% | 4.66% |
Growth
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 22.9% | 8.31% |
| Net Income Growth (YoY) | 8.22% | 7.61% |
| EPS Growth (YoY) | 10.9% | 6.88% |
| Revenue Growth (3Y CAGR) | 4.28% | 3.90% |
| Revenue Growth (5Y CAGR) | 0.18% | 7.73% |
| EPS Growth (3Y CAGR) | 10.5% | 6.33% |
| EPS Growth (5Y CAGR) | 14.0% | 6.12% |
Balance sheet
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $8.44M | $70.00M |
| Total Debt | $14.12M | $3.59B |
| Net Cash (Debt) | -$5.68M | -$1.91B |
| Net Cash Per Share | -$0.24 | -$20.82 |
| Equity (Book Value) | $151.58M | $1.73B |
| Book Value Per Share | $6.29 | $17.38 |
| Tangible Book Value | $151.58M | $1.17B |
| Working Capital | $5.43M | -$8.30M |
Financial position
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Current Ratio | 1.53 | 0.93 |
| Quick Ratio | 1.07 | 0.38 |
| Debt / Equity | 0.09 | 1.21 |
| Debt / EBITDA | 0.94 | 5.16 |
| Net Debt / EBITDA | 0.38 | 4.92 |
| Interest Coverage | 25.41 | 2.43 |
Cash flow (trailing twelve months)
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Operating Cash Flow | $7.57M | $490.44M |
Efficiency
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Asset Turnover | 0.21 | 0.23 |
| Revenue Per Employee | $766.50K | $1.09M |
| Profits Per Employee | $334.68K | $112.45K |
| Employee Count | 44 | 1,512 |
Dividends and yields
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Earnings Yield | 5.63% | 4.11% |
Shares
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Shares Outstanding | 24,097,400 | 123,005,500 |
| Shares Change (YoY) | 0.04% | 2.12% |
| Shares Change (QoQ) | -0.03% | 0.05% |
| Float | 16,930,200 | 115,223,500 |
| Shares Held by Insiders | 29.7% | 1.57% |
| Shares Held by Institutions | 54.3% | 81.0% |
Taxes
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Income Tax | $4.91M | $40.00M |
| Effective Tax Rate | 25.0% | 16.2% |
Scores
| Measure | Pure Cycle | Industry median |
|---|---|---|
| Graham Number | $9.29 | $46.35 |
| Graham Upside | -14.4% | -25.1% |
| Altman Z-Score | 6.70 | 1.04 |
| Piotroski F-Score | 4 | 5 |
Calculated by StockData from Pure Cycle's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.