---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-011683"
form_type: "8-K"
ticker: "HTO"
cik: "0000766829"
company_name: "H2O AMERICA"
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:33:56.416289+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# H2O America reports 2025 adj. EPS $2.99, raises dividend 4.8%, increases long-term growth target to 6-8% CAGR

## Summary
- 2025 adjusted diluted EPS $2.99 (top of raised $2.95-3.00 range), up from $2.95 in 2024.
- Dividend increased 4.8% to $0.44/share; 2026 standalone adj. EPS guidance $3.08-$3.18.
- Long-term adjusted EPS CAGR target raised to 6-8%; expects non-linear CAGR at or above top end over 2026-30.
- Quadvest acquisition ($483.6M rate base) on track for mid-2026 close; active connections up 16% to 54,400.
- 2026-30 capex $2.7B (31% increase over prior plan); $400M allocated for PFAS remediation.

## SEC filing metadata
- accession: 0001628280-26-011683
- form_type: 8-K
- ticker: HTO
- cik: 0000766829
- company_name: H2O AMERICA
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766829/000162828026011683/0001628280-26-011683-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766829/000162828026011683/sjw-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-011683
- JSON: https://secwatch.observer/filing/0001628280-26-011683.json
- Plain text: https://secwatch.observer/filing/0001628280-26-011683.txt

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