earnings
confidence high
sentiment positive
materiality 0.65
York Water Q1 net income $4.8M, EPS $0.33 (+32% YoY); revenue up 9% to $20.1M
YORK WATER CO
2026-Q1 EPS reported
$0.33
revenue$20,074,000
- Operating revenue $20.1M (+9% YoY); net income $4.8M (+32%); diluted EPS $0.33 vs $0.25.
- Revenue growth driven by rate increase effective March 1, 2026 and customer growth; partially offset by DSIC reset to zero.
- Dividends declared $0.2280 per share, up from $0.2192 in Q1 2025.
- Capital investments $9.8M in Q1; acquired two wastewater systems for $470k; plans additional $38.1M in 2026.
- Income taxes decreased due to higher IRS tangible property deductions; partially offset by higher opex, depreciation, and interest.