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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% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 60.06 | 71.03 | 74.96 | 77.49 |
| Cost Of Revenue | 14.13 | 17.36 | 19.67 | 20.81 |
| Gross Profit | 45.93 | 53.67 | 55.29 | 56.68 |
| Operating Expense | 21.45 | 24.14 | 27.25 | 28.97 |
| Operating Income | 24.48 | 29.53 | 28.04 | 27.70 |
| EBITDA | 34.85 | 43.83 | 43.54 | 43.74 |
| EBIT | 24.71 | 32.08 | 30.58 | 29.50 |
| Pretax Income | 19.59 | 25.03 | 21.68 | 19.24 |
| Tax Provision | 0.01 | 1.28 | 1.35 | -0.82 |
| Net Income | 19.58 | 23.76 | 20.32 | 20.06 |
| Net Income Common Stockholders | 19.58 | 23.76 | 20.32 | 20.06 |
| Total Expenses | 35.58 | 41.50 | 46.92 | 49.78 |
| Interest Expense | 5.11 | 7.05 | 8.90 | 10.26 |
| Selling General And Administration | 9.93 | 10.89 | 12.61 | 12.88 |
| Normalized EBITDA | 33.35 | 39.67 | 41.49 | 42.09 |
| Normalized Income | 18.08 | 19.82 | 18.40 | 18.75 |
| Basic EPS | 1.40 | 1.66 | 1.42 | 1.39 |
| Diluted EPS | 1.40 | 1.66 | 1.42 | 1.39 |
| Tax Effect Of Unusual Items | 0 | 0.21 | 0.13 | 0.35 |
| Tax Rate For Calcs | 0 | 0.05 | 0.06 | 0.21 |
| Total Unusual Items | 1.50 | 4.15 | 2.05 | 1.65 |
| Total Unusual Items Excluding Goodwill | 1.50 | 4.15 | 2.05 | 1.65 |
| Net Income From Continuing Operation Net Minority Interest | 19.58 | 23.76 | 20.32 | 20.06 |
| Reconciled Depreciation | 10.14 | 11.75 | 12.96 | 14.24 |
| Reconciled Cost Of Revenue | 14.13 | 17.36 | 19.67 | 20.81 |
| Net Interest Income | -5.11 | -7.05 | -8.90 | -10.26 |
| Net Income From Continuing And Discontinued Operation | 19.58 | 23.76 | 20.32 | 20.06 |
| Total Operating Income As Reported | 24.48 | 29.53 | 28.04 | 27.70 |
| Diluted Average Shares | 13.96 | 14.30 | 14.35 | 14.40 |
| Basic Average Shares | 13.96 | 14.29 | 14.35 | 14.40 |
| Diluted NI Availto Com Stockholders | 19.58 | 23.76 | 20.32 | 20.06 |
| Net Income Including Noncontrolling Interests | 19.58 | 23.76 | 20.32 | 20.06 |
| Net Income Continuous Operations | 19.58 | 23.76 | 20.32 | 20.06 |
| Other Income Expense | 0.23 | 2.55 | 2.54 | 1.80 |
| Other Non Operating Income Expenses | -1.27 | -1.60 | 0.49 | 0.15 |
| Special Income Charges | 1.50 | 4.15 | 2.05 | 1.65 |
| Other Special Charges | -1.50 | -4.15 | -2.05 | -1.65 |
| Net Non Operating Interest Income Expense | -5.11 | -7.05 | -8.90 | -10.26 |
| Interest Expense Non Operating | 5.11 | 7.05 | 8.90 | 10.26 |
| Other Taxes | 1.38 | 1.50 | 1.68 | 1.85 |
| 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 | 0 | 0 |
| Operating Revenue | 60.03 | 70.98 | 74.93 | 77.43 |
Utilities sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The York Water Companythis co. | YORW | $471M | 20.94↓ discount | 1.75 | 8.3% | 15.38 |
| Consolidated Water Co. Ltd. | CWCO | $519M | 27.95 | 2.33 | 8.1% | 15.97 |
| Genie Energy Ltd. | GNE | $365M | 47.17 | 1.83 | 7.0% | 7.37 |
| OPAL Fuels Inc. | OPAL | $363M | 13.87 | -4.66 | 3.0% | 39.72 |
| Cadiz Inc. | CDZI | $350M | - |
| 15.02 |
| -146.8% |
| -18.29 |
| Pure Cycle Corporation | PCYO | $271M | 19.75 | 1.83 | 9.2% | 19.34 |
| Global Water Resources, Inc. | GWRS | $207M | 65.45 | 2.39 | 3.4% | 15.40 |
| XCF Global, Inc. | SAFX | $109M | 0.71 | 2.03 | 196.5% | - |
| Verde Clean Fuels, Inc. | VGAS | $85M | - | 1.20 | -12.0% | -0.57 |
| Peer Median | - | 23.85 | 1.93 | 5.2% | 15.40 | |