York Water (YORW)


Market Price (11/9/2026): $32.1 | Market Cap: $521.3 MilSector: Utilities | Industry: Water Utilities

York Water (YORW)


Market Price (11/9/2026): $32.1
Market Cap: $521.3 Mil
Sector: Utilities
Industry: Water Utilities

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, Dividend Yield is 2.5%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 14%

Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 38%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 41%

Low stock price volatility
Vol 12M is 19%

Megatrend and thematic drivers
Megatrends include Water Infrastructure. Themes include Water Treatment & Delivery, and Wastewater Management.

Trading close to highs
Dist 52W High is -5.0%

Weak multi-year price returns
2Y Excs Rtn is -31%, 3Y Excs Rtn is -76%

Expensive valuation multiples
P/SPrice/Sales ratio is 6.1x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 15x

Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -14%

Key risks
YORW key risks include [1] a surprising decline in earnings driven by surging capital expenditures and rising debt, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, Dividend Yield is 2.5%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 14%
2 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 38%
3 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 41%
4 Low stock price volatility
Vol 12M is 19%
5 Megatrend and thematic drivers
Megatrends include Water Infrastructure. Themes include Water Treatment & Delivery, and Wastewater Management.
6 Trading close to highs
Dist 52W High is -5.0%
7 Weak multi-year price returns
2Y Excs Rtn is -31%, 3Y Excs Rtn is -76%
8 Expensive valuation multiples
P/SPrice/Sales ratio is 6.1x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 15x
9 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -14%
10 Key risks
YORW key risks include [1] a surprising decline in earnings driven by surging capital expenditures and rising debt, Show more.

YORW in ETFs

Weight = YORW's share of each fund

VTI0.00%
ITOT0.00%
IWM0.02%
VIG0.00%
IWN0.03%
VTWO0.02%
DFAS0.01%
SCHA0.01%
+3 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

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Updated on 11/1/2026

York Water (YORW) stock has gained about 5% since 7/31/2026 because of the following key factors:

1. Strong Fiscal Q2 2026 Earnings Beat. Reported on August 6, 2026, for the fiscal quarter ended June 30, 2026, The York Water Company exceeded analyst expectations. The company reported earnings per share (EPS) of $0.49, which significantly beat the consensus estimate of $0.40 by 22.5%. Additionally, operating revenues of $23.52 million surpassed the estimated $22.18 million. This strong financial performance for the preceding quarter directly contributed to positive investor sentiment within the analysis period.

2. Continued Shareholder Returns Through Dividends. The company maintained its consistent dividend policy, which is attractive to investors. A quarterly dividend of $0.228 per share was declared and subsequently paid on October 15, 2026, to shareholders of record on September 30, 2026. This represents an annualized dividend of $0.91 and a dividend yield of 2.9%, reinforcing investor confidence in its stable returns.

Show more
Updated on 11/1/2026

York Water (YORW) stock has gained about 5% since 7/31/2026 because of the following key factors:

1. Strong Fiscal Q2 2026 Earnings Beat. Reported on August 6, 2026, for the fiscal quarter ended June 30, 2026, The York Water Company exceeded analyst expectations. The company reported earnings per share (EPS) of $0.49, which significantly beat the consensus estimate of $0.40 by 22.5%. Additionally, operating revenues of $23.52 million surpassed the estimated $22.18 million. This strong financial performance for the preceding quarter directly contributed to positive investor sentiment within the analysis period.

2. Continued Shareholder Returns Through Dividends. The company maintained its consistent dividend policy, which is attractive to investors. A quarterly dividend of $0.228 per share was declared and subsequently paid on October 15, 2026, to shareholders of record on September 30, 2026. This represents an annualized dividend of $0.91 and a dividend yield of 2.9%, reinforcing investor confidence in its stable returns.

3. Favorable Macroeconomic Trends for the Utility Sector. The broader utility sector experienced robust demand growth during the period. The U.S. Energy Information Administration (EIA) forecasted power growth from 2023 through 2027 to be the strongest since 2000, primarily driven by factors such as data centers, industrial expansion, and increased electrification. Additionally, industrial output in the utilities sector specifically grew by 3.5% in September 2026, contributing to a positive operating environment for water utility companies like York Water.

4. Analyst Rating Upgrade. On August 3, 2026, Weiss Ratings upgraded The York Water Company's stock from a "hold (c-)" rating to a "hold (c)" rating. While maintaining a "Hold" overall, this upward revision in analyst sentiment indicated an improved outlook on the company's financial health or operational prospects, contributing positively to market perception during the specified period.

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Stock Movement Drivers

Fundamental Drivers

The 6.1% change in YORW stock from 7/31/2026 to 11/8/2026 was primarily driven by a 10.5% change in the company's Total Revenues ($ Mil).
(LTM values as of)731202611082026Change
Stock Price ($)30.7432.626.1%
Change Contribution By: 
Total Revenues ($ Mil)798710.5%
Net Income Margin (%)26.8%29.1%8.3%
P/E Multiple20.920.8-0.4%
Shares Outstanding (Mil)1416-11.0%
Cumulative Contribution6.1%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2026 to 11/8/2026
ReturnCorrelation
YORW6.1% 
Market (SPY)-1.6%-6.1%
Sector (XLU)-2.8%44.7%

Fundamental Drivers

The 14.1% change in YORW stock from 4/30/2026 to 11/8/2026 was primarily driven by a 12.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)430202611082026Change
Stock Price ($)28.5932.6214.1%
Change Contribution By: 
Total Revenues ($ Mil)778712.8%
Net Income Margin (%)25.9%29.1%12.3%
P/E Multiple20.620.81.3%
Shares Outstanding (Mil)1416-11.1%
Cumulative Contribution14.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 11/8/2026
ReturnCorrelation
YORW14.1% 
Market (SPY)2.6%-15.7%
Sector (XLU)-7.4%46.3%

Fundamental Drivers

The 8.1% change in YORW stock from 10/31/2025 to 11/8/2026 was primarily driven by a 14.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)1031202511082026Change
Stock Price ($)30.1932.628.1%
Change Contribution By: 
Total Revenues ($ Mil)768714.6%
Net Income Margin (%)25.8%29.1%12.5%
P/E Multiple22.120.8-5.6%
Shares Outstanding (Mil)1416-11.2%
Cumulative Contribution8.1%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 11/8/2026
ReturnCorrelation
YORW8.1% 
Market (SPY)8.7%-11.0%
Sector (XLU)-1.2%42.1%

Fundamental Drivers

The -2.1% change in YORW stock from 10/31/2023 to 11/8/2026 was primarily driven by a -11.9% change in the company's Shares Outstanding (Mil).
(LTM values as of)1031202311082026Change
Stock Price ($)33.3332.62-2.1%
Change Contribution By: 
Total Revenues ($ Mil)658734.3%
Net Income Margin (%)32.1%29.1%-9.3%
P/E Multiple22.820.8-8.7%
Shares Outstanding (Mil)1416-11.9%
Cumulative Contribution-2.1%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2023 to 11/8/2026
ReturnCorrelation
YORW-2.1% 
Market (SPY)81.9%5.0%
Sector (XLU)56.9%45.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
YORW Return9%-8%-12%-13%0%5%-20%
Peers Return35%-17%-14%-7%2%21%12%
S&P 500 Return27%-19%24%23%16%12%105%

Monthly Win Rates [3]
YORW Win Rate50%50%50%42%50%64% 
Peers Win Rate68%45%45%45%45%75% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
YORW Max Drawdown-19%-24%-23%-20%-16%-14% 
Peers Max Drawdown-16%-31%-28%-19%-16%-12% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: AWK, WTRG, AWR, CWT, MSEX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/6/2026 (YTD)

How Low Can It Go

EventYORWS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-15.7%-9.5%
  % Gain to Breakeven18.6%10.5%
  Time to Breakeven281 days24 days
2020 COVID-19 Crash
  % Loss-26.5%-33.7%
  % Gain to Breakeven36.0%50.9%
  Time to Breakeven108 days140 days
2008-2009 Global Financial Crisis
  % Loss-34.1%-53.4%
  % Gain to Breakeven51.8%114.4%
  Time to Breakeven109 days1085 days

Compare to AWK, WTRG, AWR, CWT, MSEX

In The Past

York Water's stock fell -4.6% during the 2025 US Tariff Shock. Such a loss loss requires a 4.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventYORWS&P 500
2020 COVID-19 Crash
  % Loss-26.5%-33.7%
  % Gain to Breakeven36.0%50.9%
  Time to Breakeven108 days140 days
2008-2009 Global Financial Crisis
  % Loss-34.1%-53.4%
  % Gain to Breakeven51.8%114.4%
  Time to Breakeven109 days1085 days

Compare to AWK, WTRG, AWR, CWT, MSEX

In The Past

York Water's stock fell -4.6% during the 2025 US Tariff Shock. Such a loss loss requires a 4.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About York Water (YORW)

The York Water Company (YORW) is a long-standing utility company that provides essential water and wastewater services. Its primary business involves the impoundment, purification, and distribution of drinking water. To support these operations, YORW owns and manages substantial infrastructure, including two large reservoirs, Lake Williams and Lake Redman, which collectively hold around 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman and utilizes nine groundwater wells to supply water to its customers.

In addition to drinking water supply, York Water also specializes in wastewater management. It owns and operates multiple wastewater collection and treatment systems, ensuring comprehensive utility services for its service area. The company primarily serves customers located in 51 municipalities across three counties in south-central Pennsylvania.

YORW's customer base is diverse, encompassing residential, commercial, and industrial sectors. Its industrial clients represent a broad spectrum of economic activity, including industries such as fixtures and furniture, electrical machinery, food products, paper, textile products, air conditioning systems, and even specialized fields like ordnance units, barbells, and motorcycles. Incorporated in 1816 and headquartered in York, Pennsylvania, the company has a deep historical presence in the region it serves.

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Here are 1-3 brief analogies for The York Water Company (YORW):

  • Like your local electric utility, but for water and wastewater services.
  • American Water Works (AWK) for south-central Pennsylvania.

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  • Drinking Water Distribution: Provides impounded, purified, and distributed drinking water to residential, commercial, and industrial customers.
  • Wastewater Collection and Treatment: Operates systems for the collection and treatment of wastewater.
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Major Customers of The York Water Company (YORW)

The York Water Company serves a diverse customer base and does not primarily sell to a few major public companies whose names would be disclosed. Instead, it serves a large number of customers across different categories within its 51 municipalities in south-central Pennsylvania. Its major customer categories include:

  • Residential Customers: Individuals and households within the 51 municipalities that consume drinking water and utilize wastewater services for their homes.
  • Commercial and Industrial Customers: A wide range of businesses and industries located within its service territory. The company specifically lists serving industries such as fixtures and furniture, electrical machinery, food products, paper, ordnance units, textile products, air conditioning systems, laundry detergents, barbells, and motorcycle industries. These represent various commercial and industrial enterprises that require water for their operations and wastewater treatment services.

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Joseph "JT" Hand, President & Chief Executive Officer

Joseph "JT" Hand is the 22nd President and Chief Executive Officer of The York Water Company, appointed on March 1, 2020. Prior to this role, he served as the Chief Operating Officer from 2008 to 2020, where he directed the majority of the Company's operations and executed growth and quality strategies. Before joining The York Water Company, Mr. Hand served 22 years on Active Duty in the US Army, concluding his service as Deputy Commander and Deputy District Engineer for the Baltimore District, U.S. Army Corps of Engineers. He holds a Bachelor of Science in Civil Engineering from the University of Vermont and a Master's Degree in Business Administration from York College of Pennsylvania. Mr. Hand is also a Director of the National Association of Water Companies and Chair of its Pennsylvania Chapter.

Matthew "Matt" E. Poff, Chief Financial Officer & Treasurer

Matthew "Matt" E. Poff has held the position of Chief Financial Officer and Treasurer of The York Water Company since January 2018. Before becoming CFO, he served as the Company's Controller from 2009 to 2017. Prior to joining York Water, Mr. Poff was the CFO for a regional contractor and held various positions of increasing responsibility at Beard Miller Company LLP, a regional accounting firm in York, PA, for over ten years.

Alexandra "Alex" C. Chiaruttini, Chief Administrative Officer & General Counsel

Alexandra "Alex" C. Chiaruttini joined The York Water Company in 2020 as Chief Administrative Officer and General Counsel. She brought over 15 years of experience from private practice as an environmental attorney, focusing on water, wastewater, and water resource issues in the mid-Atlantic region. Ms. Chiaruttini earned a Bachelor's degree in Behavioral Neuroscience from Lehigh University, a Master of Science degree from Duquesne University, and a J.D. from The Dickinson School of Law.

Matthew J. Scarpato, Chief Operating Officer

Matthew J. Scarpato was appointed Chief Operating Officer of The York Water Company, effective October 1, 2025. He previously served as the Vice President of Operations from July 2023 to October 2025. Before joining York Water, Mr. Scarpato held roles as Vice President of Operations and Chief Financial Officer in the Senior Living industry from 2020 to 2023, and as Chief Operating Officer and Chief Financial Officer of the York Jewish Community Center from 2010 to 2020. His background also includes positions in consulting and banking.

Mark S. Snyder, Vice President of Engineering

Mark S. Snyder has been the Vice President of Engineering at The York Water Company since May 2009. His earlier roles within the Company include Engineering Manager from October 2007 to April 2009 and Engineer from December 2006 to October 2007. Before his tenure at York Water, Mr. Snyder worked as a project manager and design engineer for several consulting firms in the Mid-Atlantic region, such as Buchart Horn, RETTEW, and KCI Technologies. He is a licensed Professional Engineer in Pennsylvania and holds a Bachelor's Degree in Civil Engineering and a Master's Degree in Environmental Engineering from The Pennsylvania State University.

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The York Water Company (YORW) faces several key risks inherent to its nature as a regulated water and wastewater utility. These risks primarily revolve around the substantial capital demands for infrastructure, the regulatory environment governing rate approvals, and the impact of broader economic conditions.

  1. Infrastructure Investment Needs and Rising Costs: The York Water Company has significant and ongoing capital expenditure requirements to maintain, upgrade, and expand its aging water and wastewater infrastructure. This includes projects like rehabilitating dams, replacing water mains, and expanding treatment plants. Such heavy capital spending has led to consistently negative free cash flow in past years, necessitating external financing and contributing to rising debt and interest expenses. The increased operational costs associated with these investments also put pressure on the company's profitability.
  2. Regulatory Risks and Rate Approvals: As a regulated utility, YORW's financial performance is heavily influenced by actions from regulatory bodies, particularly the Pennsylvania Public Utility Commission (PPUC). The company's ability to recover its substantial infrastructure investment costs and achieve an allowed return on invested capital is directly dependent on timely and favorable rate approvals. Delays in regulatory decisions or unfavorable rate-setting can significantly impact revenue growth and financial stability.
  3. Economic Conditions and Interest Rate Sensitivity: The company's performance is sensitive to broader economic trends, including inflation and fluctuating interest rates. Rising interest rates directly increase the cost of debt, impacting profitability, especially given the company's need for external financing for capital projects. Economic downturns could also affect customer demand or their ability to pay.

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The addressable market for The York Water Company's main products and services in Pennsylvania is estimated as follows:

  • Drinking Water Services: The market size for Water Supply & Irrigation Systems in Pennsylvania is projected to be $14.4 billion in 2026.
  • Wastewater Services: The market size for Waste Treatment & Disposal Services in Pennsylvania is projected to be $1.5 billion in 2026.

The York Water Company provides drinking water and wastewater services to over 214,000 people across 58 municipalities within Adams, Franklin, and York Counties in south-central Pennsylvania.

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The York Water Company (YORW) is expected to drive future revenue growth over the next 2-3 years through a combination of customer expansion, infrastructure-related charges, regulated rate increases, strategic acquisitions, and ongoing capital investments.

Here are the key drivers:

  1. Growth in Customer Base: The company consistently identifies growth in its customer base as a primary contributor to revenue increases. For instance, operating revenues for 2025 increased, primarily driven by customer base growth. Similarly, growth in the customer base also added to revenues in 2023 and 2024.
  2. Distribution System Improvement Charge (DSIC): As a regulated utility, YORW leverages the Pennsylvania Public Utility Commission-allowed Distribution System Improvement Charge (DSIC) to recover costs associated with replacing aging infrastructure. This charge has been a consistent revenue driver, contributing to increased operating revenues in 2023, 2024, and 2025.
  3. Rate Increases: Increases in approved rates are a significant driver for revenue growth. An increase in rates effective March 1, 2023, was a primary factor in the company's increased revenues for both 2023 and 2024. Analysts also point to a pending rate case decision as a potential catalyst for future growth.
  4. Strategic Acquisitions: York Water actively pursues the acquisition of water and wastewater systems to expand its service territory and customer base. In 2025, the company added approximately 1,655 net water and wastewater customers, with acquisitions driving wastewater customer growth. Multiple pending acquisitions are expected to add roughly 535 more customers. The company invested in the acquisition of water and wastewater systems in 2023 and 2024.
  5. Capital Investments and Infrastructure Projects: Significant ongoing capital expenditures in infrastructure are fundamental to enabling customer growth and justifying future rate adjustments. The company invested $48.7 million in 2025 on infrastructure projects, including main extensions and system upgrades. York Water anticipates investing approximately $48 million annually in both 2026 and 2027 for projects such as water treatment plant construction, pipeline replacements, and main extensions, all aimed at enhancing service and meeting growing customer demand. These investments are crucial for long-term sustainable growth and the justification of future rate increases.

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Capital Allocation Decisions for The York Water Company (YORW)

Outbound Investments

  • In 2026, The York Water Company acquired the wastewater collection and treatment assets serving the Chanceford Crossing community, adding approximately 280 customers.
  • In 2025, the company announced an agreement to acquire the wastewater system assets within the Pine Run Retirement Community in Adams County, which would add 141 wastewater customers upon full build-out.
  • In 2024, York Water invested a combined $783,000 in the acquisition of four water systems and two wastewater systems.

Capital Expenditures

  • The York Water Company invested $48.7 million in capital projects in 2025, which included main extensions, enterprise software upgrades, and infrastructure replacements, such as replacing about 54,100 feet of water main and 1,800 feet of wastewater main.
  • The company anticipates investing approximately $48 million in each of 2026 and 2027, excluding acquisitions, for projects like water treatment plant construction, pipeline replacements, and routine system improvements.
  • In 2024, capital expenditures amounted to $48.2 million for projects including armoring and replacing the spillway of the Lake Williams dam, wastewater treatment plant construction, and replacing approximately 50,200 feet of pipe.

Better Bets vs. York Water (YORW)

Peer Outperformance in Water Utilities

YORW has trailed 70% of its 10 Water Utilities peers over 5Y. Among the peers that beat it are WTRG, AWR and AWK. Water Utilities ranks 5th of 6 industries in Utilities by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Water Utilities constituents that YORW has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
30%
of 10 industry peers · 4.7% return
3Y
30%
of 10 industry peers · -4.0% return
5Y
30%
of 10 industry peers · -25.1% return
Water Utilities peers with revenue growth within 4pp of YORW's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
YORW York Water 8.8% 20.8x 4.7%-4.0%-25.1% —
WTRG Essential Utilities 5.5% 22.8x 18.9%47.7%12.6% +38pp
AWR American States Water 6.1% 24.7x 23.5%24.0%7.5% +33pp
AWK American Water Works 9.0% 26.3x 18.0%30.1%-1.0% +24pp
HTO H2O America 7.8% 25.2x 36.3%10.3%-1.4% +24pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Utilities sector, ranked by 5Y. Water Utilities is YORW's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Independent Power Producers & Energy Traders 5 -48.1%86.9%138.4% NRG 182% · OKLO 138% · TAC 28%
Multi-Utilities 18 4.8%63.3%53.4% NI 107% · PNW 106% · MDU 100%
Electric Utilities 24 4.9%52.0%50.6% VST 589% · ETR 163% · AEP 81%
Gas Utilities 10 4.3%65.8%42.6% ATO 111% · SR 79% · NJR 69%
Water Utilities ← 11 12.7%10.3%-5.3% WTRG 13% · AWR 7% · AWK -1%
Renewable Electricity 5 -70.4%-74.0%-90.0% ORA 21% · CWEN 21%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Latest Trefis Analyses

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Peer Comparisons

Peers to compare with:

Financials

YORWAWKWTRGAWRCWTMSEXMedian
NameYork Wat.American.Essentia.American.Californ.Middlese. 
Mkt Price32.10150.2945.4590.0750.6059.8455.22
Mkt Cap0.529.912.93.63.21.13.4
Rev LTM875,3432,6007071,075212891
Op Inc LTM331,97992422822465226
FCF LTM-12-1,350-52010-267-39-153
FCF 3Y Avg-19-1,143-485-12-197-29-113
CFO LTM362,2981,02422931069270
CFO 3Y Avg322,08990921431062262

Growth & Margins

YORWAWKWTRGAWRCWTMSEXMedian
NameYork Wat.American.Essentia.American.Californ.Middlese. 
Rev Chg LTM13.7%5.4%9.2%11.1%7.3%8.9%9.1%
Rev Chg 3Y Avg8.8%9.0%5.5%6.1%12.1%8.4%8.6%
Rev Chg Q19.5%4.1%6.6%5.4%6.7%11.3%6.6%
QoQ Delta Rev Chg LTM4.8%1.1%1.2%1.4%2.0%3.0%1.7%
Op Inc Chg LTM18.3%5.6%0.3%15.6%16.5%20.7%16.0%
Op Inc Chg 3Y Avg6.0%10.6%11.1%6.7%79.4%18.8%10.9%
Op Mgn LTM37.9%37.0%35.5%32.2%20.9%30.5%33.9%
Op Mgn 3Y Avg37.6%36.6%36.7%31.5%21.0%28.6%34.0%
QoQ Delta Op Mgn LTM1.3%0.1%0.5%0.3%1.5%1.3%0.9%
CFO/Rev LTM41.5%43.0%39.4%32.4%28.8%32.7%36.1%
CFO/Rev 3Y Avg40.5%42.0%39.2%33.2%30.0%31.2%36.2%
FCF/Rev LTM-13.8%-25.3%-20.0%1.4%-24.8%-18.4%-19.2%
FCF/Rev 3Y Avg-24.3%-22.9%-21.3%-2.3%-19.0%-14.5%-20.1%

Valuation

YORWAWKWTRGAWRCWTMSEXMedian
NameYork Wat.American.Essentia.American.Californ.Middlese. 
Mkt Cap0.529.912.93.63.21.13.4
P/S6.05.65.05.02.95.45.2
P/Op Inc15.715.114.015.714.117.615.4
P/EBIT14.714.213.615.013.115.514.5
P/E20.526.322.824.723.021.922.9
P/CFO14.413.012.615.610.216.413.7
Total Yield7.3%6.1%7.4%6.3%6.8%6.9%6.9%
Dividend Yield2.5%2.3%3.0%2.3%2.5%2.4%2.4%
FCF Yield 3Y Avg-3.9%-4.2%-4.4%-0.3%-6.8%-2.8%-4.1%
D/E0.40.50.70.30.50.40.5
Net D/E0.40.50.70.20.50.40.4

Returns

YORWAWKWTRGAWRCWTMSEXMedian
NameYork Wat.American.Essentia.American.Californ.Middlese. 
1M Rtn3.3%16.6%16.6%9.5%10.1%12.0%11.1%
3M Rtn2.0%11.8%14.5%3.7%0.8%3.4%3.6%
6M Rtn10.0%21.8%23.5%18.2%18.1%17.6%18.1%
12M Rtn3.0%18.0%18.9%23.6%11.7%14.7%16.4%
3Y Rtn-5.5%30.1%47.7%24.2%10.0%1.6%17.1%
1M Excs Rtn8.6%22.3%22.4%15.1%15.9%17.7%16.8%
3M Excs Rtn6.1%16.5%20.2%9.5%7.1%9.1%9.3%
6M Excs Rtn10.3%22.1%23.8%18.5%18.4%17.9%18.4%
12M Excs Rtn-6.6%9.3%10.2%16.3%3.5%7.2%8.3%
3Y Excs Rtn-76.8%-38.0%-24.1%-51.4%-63.3%-73.4%-57.4%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Residential504846  
Commercial and industrial222220  
Fire protection55433
Rents from regulated property00001
Billing and revenue collection services00000
Collection services00000
Other revenue00000
Wastewater utility service Commercial and industrial   10
Wastewater utility service Residential   42
Water utility service Commercial and industrial   1615
Water utility service Residential   3534
Total7775716055


Price Behavior

Price Behavior
Market Price$32.62 
Market Cap ($ Bil)0.5 
First Trading Date05/03/1999 
Distance from 52W High-5.0% 
   50 Days200 Days
DMA Price$31.82$31.02
DMA Trenddownindeterminate
Distance from DMA2.5%5.1%
 3M1YR
Volatility18.6%19.4%
Downside Capture-24.81-8.77
Upside Capture-14.22-3.81
Correlation (S&P 500)-8.3%-10.0%
YORW Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta-0.63-0.24-0.25-0.32-0.200.07
Up Beta4.440.400.21-0.36-0.390.04
Down Beta-1.11-1.21-0.71-0.36-0.23-0.10
Up Capture-43%-26%-15%-13%-5%3%
Bmk +ve Days12182862130427
Stock +ve Days13213466133373
Down Capture-90%29%-38%-58%-24%41%
Bmk -ve Days10253664121325
Stock -ve Days9223057114370

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with YORW
YORW3.5%19.4%0.05-
Sector ETF (XLU)-0.9%15.7%-0.2643.3%
Equity (SPY)9.5%13.6%0.40-9.6%
Gold (GLD)1.6%28.7%0.05-14.1%
Commodities (DBC)38.4%21.2%1.42-24.5%
Real Estate (VNQ)11.3%14.2%0.5140.6%
Bitcoin (BTCUSD)-27.2%43.6%-0.61-8.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with YORW
YORW-5.2%22.2%-0.30-
Sector ETF (XLU)8.3%17.4%0.3251.0%
Equity (SPY)11.3%17.3%0.4819.2%
Gold (GLD)17.5%19.1%0.748.8%
Commodities (DBC)8.1%19.6%0.30-1.0%
Real Estate (VNQ)1.3%18.9%-0.0446.1%
Bitcoin (BTCUSD)4.0%51.6%0.267.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with YORW
YORW2.5%29.0%0.13-
Sector ETF (XLU)9.3%19.3%0.4157.6%
Equity (SPY)15.0%18.0%0.7039.6%
Gold (GLD)11.9%16.5%0.598.3%
Commodities (DBC)7.5%18.1%0.337.6%
Real Estate (VNQ)5.9%20.7%0.2451.5%
Bitcoin (BTCUSD)60.0%66.3%1.0011.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity0.5 Mil
Short Interest: % Change Since 93020262.8%
Average Daily Volume0.2 Mil
Days-to-Cover Short Interest3.4 days
Basic Shares Quantity16.2 Mil
Short % of Basic Shares3.4%

Earnings Returns History

Updated 11/6/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/20260.3%4.4%7.7%
5/5/2026-0.3%1.6%1.7%
3/3/20260.2%-4.6%-6.8%
11/6/2025-1.2%-1.0%0.6%
8/12/2025-1.9%-1.9%-2.8%
5/6/2025-5.4%-8.0%-9.4%
3/4/2025-0.4%3.2%2.5%
11/7/20240.5%-5.1%-7.3%
...
SUMMARY STATS   
# Positive121215
# Negative12129
Median Positive0.6%2.9%2.5%
Median Negative-1.9%-3.0%-5.0%
Max Positive5.2%7.5%8.4%
Max Negative-5.7%-8.0%-9.4%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/20260.3%4.4%7.7%
5/5/2026-0.3%1.6%1.7%
3/3/20260.2%-4.6%-6.8%
11/6/2025-1.2%-1.0%0.6%
8/12/2025-1.9%-1.9%-2.8%
5/6/2025-5.4%-8.0%-9.4%
3/4/2025-0.4%3.2%2.5%
11/7/20240.5%-5.1%-7.3%
8/2/2024-5.7%-7.1%-6.3%
5/7/20241.4%4.4%-0.6%
3/5/20240.6%1.4%0.1%
11/3/20230.1%-3.5%3.4%
8/3/20230.9%1.6%-0.6%
5/2/20230.3%2.6%0.3%
3/7/2023-3.8%-1.6%1.4%
11/3/20225.2%7.4%8.4%
8/4/2022-2.1%1.0%0.9%
5/3/20223.4%1.5%7.9%
3/8/2022-3.2%-4.6%-5.0%
11/5/2021-1.1%-1.1%-2.5%
8/5/2021-0.1%-1.4%6.0%
5/4/2021-1.9%-2.5%1.8%
3/9/20213.7%7.5%6.5%
11/6/20200.7%5.2%7.6%
SUMMARY STATS   
# Positive121215
# Negative12129
Median Positive0.6%2.9%2.5%
Median Negative-1.9%-3.0%-5.0%
Max Positive5.2%7.5%8.4%
Max Negative-5.7%-8.0%-9.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
09/30/202611/06/202610-Q
06/30/202608/06/202610-Q
03/31/202605/05/202610-Q
12/31/202503/03/202610-K
09/30/202511/06/202510-Q
06/30/202508/12/202510-Q
03/31/202505/06/202510-Q
12/31/202403/04/202510-K
09/30/202411/07/202410-Q
06/30/202408/02/202410-Q
03/31/202405/07/202410-Q
12/31/202303/05/202410-K
09/30/202311/03/202310-Q
06/30/202308/03/202310-Q
03/31/202305/02/202310-Q
12/31/202203/07/202310-K
Collapse to Preview
Report DateFiling DateFiling
09/30/202611/06/202610-Q
06/30/202608/06/202610-Q
03/31/202605/05/202610-Q
12/31/202503/03/202610-K
09/30/202511/06/202510-Q
06/30/202508/12/202510-Q
03/31/202505/06/202510-Q
12/31/202403/04/202510-K
09/30/202411/07/202410-Q
06/30/202408/02/202410-Q
03/31/202405/07/202410-Q
12/31/202303/05/202410-K
09/30/202311/03/202310-Q
06/30/202308/03/202310-Q
03/31/202305/02/202310-Q
12/31/202203/07/202310-K
09/30/202211/03/202210-Q
06/30/202208/04/202210-Q
03/31/202205/03/202210-Q
12/31/202103/08/202210-K
09/30/202111/05/202110-Q
06/30/202108/05/202110-Q
03/31/202105/04/202110-Q
12/31/202003/09/202110-K
09/30/202011/06/202010-Q
06/30/202008/06/202010-Q
03/31/202005/05/202010-Q
12/31/201903/10/202010-K

Recent Forward Guidance

Updated 11/7/2026

Latest: Q3 2026 Earnings Reported 11/6/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Capital ExpendituresReported 48.00 Mil 79.1% RaisedGuidance: 26.80 Mil for 2026


Prior: Q2 2026 Earnings Reported 8/6/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Capital ExpendituresReported 26.80 Mil -29.7% LoweredGuidance: 38.10 Mil for 2026

Q1 2026 Earnings Reported 5/5/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Capital ExpendituresReported 38.10 Mil -20.6% LoweredGuidance: 48.00 Mil for 2026

Q4 2025 Earnings Reported 3/3/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Capital ExpendituresReported 48.00 Mil 380.0% Higher NewActual: 10.00 Mil for 2025
2027 Capital ExpendituresReported 48.00 Mil    

Insider Activity

Updated 10/21/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Velazquez, David M DirectBuy1021202631.071,28840,00040,000Form
2Brossman, Douglas S DirectBuy1021202631.07321,00017,094Form
3Brossman, Douglas S DirectBuy922202632.99301,00016,957Form
4Poff, Matthew EChief Financial OfficerDirectBuy827202634.19301,026325,907Form
5Brossman, Douglas S DirectBuy821202633.19301,00016,057Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Velazquez, David M DirectBuy1021202631.071,28840,00040,000Form
2Brossman, Douglas S DirectBuy1021202631.07321,00017,094Form
3Brossman, Douglas S DirectBuy922202632.99301,00016,957Form
4Poff, Matthew EChief Financial OfficerDirectBuy827202634.19301,026325,907Form
5Brossman, Douglas S DirectBuy821202633.19301,00016,057Form
6Hand, Joseph ThomasPresident & CEODirectSell817202633.288,000266,2401,175,034Form
7Brossman, Douglas S DirectBuy720202630.99321,00014,059Form
8Snyder, Mark SVP- EngineeringDirectBuy717202629.1111325143,492Form
9Scarpato, Matthew JChief Operating OfficerDirectBuy717202629.111123,25078,483Form
10Poff, Matthew EChief Financial OfficerDirectBuy717202629.114130276,568Form
11Hand, Joseph ThomasPresident & CEODirectBuy717202629.111123,2501,260,491Form
12Chiaruttini, Alexandra CCAO & General CounselDirectBuy717202629.11451,300172,583Form
13Becker, Suzanne MVP- Customer ServiceDirectBuy717202629.11451,30010,898Form
14Hand, Joseph ThomasPresident & CEODirectBuy622202629.53257381,265,829Form
15Yanavitch, William T II DirectBuy520202629.352567,50010,321Form
16Scarpato, Matthew JChief Operating OfficerDirectBuy508202629.3070020,51075,303Form
17Poff, Matthew EChief Financial OfficerDirectBuy416202629.134120241,047Form
18Hand, Joseph ThomasCEO & PresidentDirectBuy416202629.131033,0001,173,231Form
19Grimm, Ashley MVP- Human ResourcesDirectBuy416202629.131236010,183Form
20Becker, Suzanne MVP- Customer ServiceDirectBuy416202629.13411,2003,472Form
21Chiaruttini, Alexandra CCAO & General CounselDirectBuy416202629.13411,200144,347Form
22Hand, Joseph ThomasPresident & CEODirectBuy317202631.55154731,258,437Form
23Snyder, Mark SVP- EngineeringDirectBuy116202630.4511350137,961Form
24Scarpato, Matthew JChief Operating OfficerDirectBuy116202630.45922,80029,354Form
25Poff, Matthew EChief Financial OfficerDirectBuy116202630.455140250,033Form
26Chiaruttini, Alexandra CCAO & General CounselDirectBuy116202630.45461,400148,558Form
27Becker, Suzanne MVP- Customer ServiceDirectBuy116202630.45461,4002,357Form
28Yanavitch, William T II DirectBuy1223202533.72441,5001,500Form
29Hand, Joseph ThomasPresident & CEODirectBuy1114202532.11309631,252,514Form
30Snyder, Mark SVP- EngineeringDirectBuy1020202528.8311325129,371Form
31Scarpato, Matthew JChief Operating OfficerDirectBuy1020202528.833497524,964Form
32Poff, Matthew EChief Financial OfficerDirectBuy1020202528.835130234,930Form
33Hand, Joseph ThomasPresident & CEODirectBuy1020202528.833389,7501,123,897Form
34Grimm, Ashley MVP- Human ResourcesDirectBuy1020202528.83143909,132Form
35Chiaruttini, Alexandra CCAO & General CounselDirectBuy1020202528.83451,300138,346Form
36Becker, Suzanne MVP- Customer ServiceDirectBuy1020202528.8331900900Form
37Hand, Joseph ThomasPresident & CEODirectBuy1006202530.07154511,153,234Form
Core Cache Last Updated: 11/8/2026