Global Water Resources vs York Water
York Water is the larger business, with $77.5m of revenue in fiscal 2025 against $55.8m for Global Water Resources (1.4 times as much). Global Water Resources grew faster (5.8% against 3.4%). York Water kept more of each dollar of sales as profit: a net margin of 25.9% against 5.3%. York Water carries less debt relative to equity (96.6% against 155.3%).
| Latest fiscal year | Global Water ResourcesGWRS, 2025 | York WaterYORW, 2025 |
|---|---|---|
| Revenue | $55.8m | $77.5m |
| Revenue growth | 5.8% | 3.4% |
| Net income | $3.0m | $20.1m |
| Operating margin | 12.8% | 35.8% |
| Net margin | 5.3% | 25.9% |
| Return on equity | 4.4% | 8.5% |
| Free cash flow | −$47.2m | −$18.9m |
| Cash | $4.1m | $1,000 |
| Total debt | $134m | $232m |
| Debt to equity | 155.3% | 96.6% |
| Dividend per share | $0.30 | $0.89 |
| Dividend yield | 3.7% | 2.5% |
| Share buybacks | — | — |
| Employees | — | 129 |
| Market value | $233m | $516m |
| Price vs our value range | — | — |
| Moat score | 37 (Weak) | 43 (Weak) |
| Insider trades, 12 months | 10 buys, 0 sales | 34 buys, 1 sales |