---
schema_version: "secwatch.filing_event.v1"
accession: "0000766829-25-000005"
form_type: "8-K"
ticker: "HTO"
cik: "0000766829"
company_name: "H2O AMERICA"
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:52:10.906117+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SJW Group 2024 EPS $2.87 beats guidance; revenue up 12% to $748M; 2025 EPS guide $2.90-$3.00

## Summary
- 2024 GAAP diluted EPS $2.87 (adjusted $2.95); revenue $748.4M, up 12% YoY; net income $94.0M, up 11%.
- Q4 2024 GAAP diluted EPS $0.68 (adjusted $0.74); revenue $197.8M, up 15% YoY.
- Introduces 2025 adjusted EPS guidance of $2.90–$3.00; long-term EPS growth target 5%–7% through 2029.
- Five-year capital plan increased 25% to $2.0B, including ~$300M for PFAS treatment, subject to regulatory approvals.
- Regulatory wins: California CPUC approved 2025–2027 rate settlement with $53.1M revenue step-ups; Connecticut WICA surcharge raised to 3.43%.

## SEC filing metadata
- accession: 0000766829-25-000005
- form_type: 8-K
- ticker: HTO
- cik: 0000766829
- company_name: H2O AMERICA
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766829/000076682925000005/0000766829-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766829/000076682925000005/sjw-20250226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000766829-25-000005
- JSON: https://secwatch.observer/filing/0000766829-25-000005.json
- Plain text: https://secwatch.observer/filing/0000766829-25-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.