Company / Operating Margin
H2O America Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
22.2%
FY2025
5-year range
19.4% / 22.8%
FY2021-FY2025
Trend
-2.7%
vs FY2024
Sector context
#30 of 61
Utilities
What the data says
At 22.2%, H2O America's operating margin ranks #30 of 61 in the Utilities sector. Operating Margin has fluctuated over the past 10 years, ranging from 18.5% in FY2020 to 28.7% in FY2016.
Based on SEC 10-K filings.
22.2% in FY2025 with a 5-year CAGR of +3.7%.
Remained stable around 22.2% over the past 2 years.
Utilities sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +1.1pp
- 5-Year Change
- +3.7pp
- 10-Year Change
- -
Sector benchmark
#30 of 61 in UtilitiesTop 49% of 61This company 22.2% Sector average 21.7%
▼
+2.4% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 2.7% year-over-year.
- Currently 0.5pp above the Utilities sector average.
- Peak operating margin was recorded in FY2016.
- Lowest operating margin in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.53 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 22.2% | -2.7% |
| FY2024 | 22.8% | +2.2% |
| FY2023 | 22.3% | +5.6% |
| FY2022 | 21.1% | +8.9% |
| FY2021 | 19.4% | +4.9% |
| FY2020 | 18.5% | -29.4% |
| FY2019 | 26.2% | +41.7% |
| FY2018 | 18.5% | -29.4% |
| FY2017 | 26.2% | -8.8% |
| FY2016 | 28.7% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026