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The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; twelve wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.5 billion gallons of water. The company operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns satellite groundwater systems in York, Adams, and Lancaster Counties, as well as two impounding dams on primary system located in York and Springfield Townships. It serves customers in the fixtures and furniture, electrical machinery, food products, paper, ordnance units, textile products, air conditioning systems, laundry detergents, barbells, and motorcycle industries in 58 municipalities within four counties in south-central Pennsylvania. The York Water Company was incorporated in 1816 and is based in York, Pennsylvania.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $77M | $44M | $20M | $-19M | 8.3% | 3.4% | -1.3% |
| 2024 | $75M | $44M | $20M | $-18M | 8.8% | 5.5% | -14.4% |
| 2023 | $71M | $44M | $24M | $-33M | 10.7% | 18.3% | 21.3% |
| 2022 | $60M | $35M | $20M | $-32M | 9.5% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 60.06 | 71.03 | 74.96 | 77.49 |
| Operating Revenue | - | 60.03 | 70.98 | 74.93 | 77.43 |
| Cost Of Revenue | - | 14.13 | 17.36 | 19.67 | 20.81 |
| Gross Profit | - | 45.93 | 53.67 | 55.29 | 56.68 |
| Operating Expense | - | 21.44 | 24.14 | 27.25 | 28.97 |
| Selling General And Administration | - | 9.93 | 10.89 | 12.61 | 12.88 |
| Total Expenses | - | 35.58 | 41.50 | 46.92 | 49.78 |
| Operating Income | - | 24.48 | 29.53 | 28.04 | 27.70 |
| Total Operating Income As Reported | - | 24.48 | 29.53 | 28.04 | 27.70 |
| EBITDA | - | 34.85 | 43.83 | 43.54 | 43.74 |
| Normalized EBITDA | - | 33.35 | 39.67 | 41.49 | 42.09 |
| Interest Expense | - | 5.11 | 7.05 | 8.90 | 10.26 |
| Net Interest Income | - | -5.11 | -7.05 | -8.90 | -10.26 |
| Other Non Operating Income Expenses | - | -1.27 | -1.60 | 0.49 | 0.15 |
| Other Income Expense | - | 0.23 | 2.55 | 2.54 | 1.80 |
| Interest Expense Non Operating | - | 5.11 | 7.05 | 8.90 | 10.26 |
| Net Non Operating Interest Income Expense | - | -5.11 | -7.05 | -8.90 | -10.26 |
| Pretax Income | - | 19.60 | 25.03 | 21.68 | 19.24 |
| Tax Provision | - | 0.02 | 1.28 | 1.35 | -0.82 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0.21 | 0.13 | 0.35 |
| Net Income Continuous Operations | - | 19.58 | 23.76 | 20.32 | 20.06 |
| Net Income From Continuing And Discontinued Operation | - | 19.58 | 23.76 | 20.32 | 20.06 |
| Net Income From Continuing Operation Net Minority Interest | - | 19.58 | 23.76 | 20.32 | 20.06 |
| Net Income | - | 19.58 | 23.76 | 20.32 | 20.06 |
| Net Income Common Stockholders | - | 19.58 | 23.76 | 20.32 | 20.06 |
| Net Income Including Noncontrolling Interests | - | 19.58 | 23.76 | 20.32 | 20.06 |
| Normalized Income | - | 18.08 | 19.82 | 18.40 | 18.75 |
| Diluted NI Availto Com Stockholders | - | 19.58 | 23.76 | 20.32 | 20.06 |
| Basic Average Shares | - | 13.96 | 14.29 | 14.35 | 14.40 |
| Diluted Average Shares | - | 13.96 | 14.30 | 14.35 | 14.40 |
| Reconciled Depreciation | - | 10.14 | 11.75 | 12.96 | 14.24 |
| Reconciled Cost Of Revenue | - | 14.13 | 17.36 | 19.67 | 20.81 |
| Total Unusual Items | - | 1.50 | 4.15 | 2.05 | 1.65 |
| Total Unusual Items Excluding Goodwill | - | 1.50 | 4.15 | 2.05 | 1.65 |
| Special Income Charges | - | 1.50 | 4.15 | 2.05 | 1.65 |
| Other Special Charges | - | -1.50 | -4.15 | -2.05 | -1.65 |
| Depreciation Amortization Depletion Income Statement | - | 10.14 | 11.75 | 12.96 | 14.24 |
| Depreciation And Amortization In Income Statement | - | 10.14 | 11.75 | 12.96 | 14.24 |
| General And Administrative Expense | - | 9.93 | 10.89 | 12.61 | 12.88 |
| Other Gand A | - | 9.93 | 10.89 | 12.61 | 12.88 |
| Salaries And Wages | - | 1.27 | 1.08 | - | - |
| Other Taxes | - | 1.38 | 1.50 | 1.68 | 1.86 |
Utilities sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The York Water Companythis co. | YORW | $480M | 23.92↑ premium | 2.00 | 8.3% | 16.28 |
| Consolidated Water Co. Ltd. | CWCO | $481M | 26.23 | 2.17 | 8.3% | 12.42 |
| OPAL Fuels Inc. | OPAL | $404M | 27.36 | -31.22 | -114.1% | 21.25 |
| Cadiz Inc. | CDZI | $383M | -11.23 | 16.49 | -146.9% | -20.46 |
| Genie Energy Ltd. | GNE | $365M |
| - |
| - |
| - |
| - |
| - |
| 15.20 |
| 1.45 |
| 9.6% |
| 4.50 |
| Pure Cycle Corporation | PCYO | $249M | 18.97 | 1.74 | 9.2% | 11.57 |
| RGC Resources, Inc. | RGCO | $233M | 17.55 | 2.05 | 11.7% | 10.73 |
| Global Water Resources, Inc. | GWRS | $210M | 71.03 | 2.43 | 3.4% | 13.81 |
| XCF Global, Inc. | SAFX | $146M | 1.98 | 3.89 | 196.5% | 3.23 |
| Peer Median | - | 18.26 | 2.11 | 8.7% | 11.15 | |