earnings
confidence high
sentiment positive
materiality 0.70
York Water FY2023 net income $23.8M ($1.66 EPS), revenue $71.0M, up 18% from 2022
YORK WATER CO
- 2023 net income $23.8M ($1.66 diluted EPS) vs $19.6M ($1.40 EPS) in 2022, up 21%.
- Revenue $71.0M, up $11.0M (18%) driven by rate increase effective March 2023 and customer growth.
- Q4 net income $6.0M ($0.42 EPS) vs $5.0M ($0.35 EPS) in Q4 2022, up 20%.
- Dividend increased 4% in 2023 to $0.8189 per share; quarterly dividend $0.2108.
- Capex $64.6M in 2023; plans $42.2M in 2024 and $46.1M in 2025 for infrastructure improvements.