Highest-materiality recent filing
All nine board nominees elected; votes for each ranged from 34.2M to 35.3M with broker non-votes of 3.3M.
H2O America reports Q1 EPS of $0.49, revenue up 9% to $183.3M; reaffirms FY guidance
GAAP diluted EPS $0.49, adjusted diluted EPS $0.50, both flat YoY.
H2O America prices $608.7M common stock offering for Quadvest acquisition funding
Offering of 11,484,824 shares at $53.00/share; net proceeds ~$588.9M (or $677.2M with underwriter option).
H2O America files audited FY2025 financials for Quadvest Retail and Wholesale acquired entities
Quadvest Retail (regulated) base purchase price $483.6M; audited financials for year ended Dec 31, 2025 filed.
2025 adjusted diluted EPS $2.99 (top of raised $2.95-3.00 range), up from $2.95 in 2024.
H2O America receives $483.6M FMV for Quadvest assets; mid-2026 close on track
Three PUCT-appointed appraisers set fair market value of Quadvest LP assets at $483.6 million.
Non-executive Chair Eric Thornburg to retire Jan 31, 2026; CEO Walters to succeed
Eric W. Thornburg, non-executive Chair of the Board, notified H2O America of his retirement effective Jan 31, 2026.
H2O America Q3 adj EPS $1.27 (+8% YoY) on revenue $240.6M (+7%); narrows FY guidance to $2.95-$3.00
GAAP net income $45.1M (+17% YoY); diluted EPS $1.27 vs $1.17 prior year.
H2O America ups revolving credit facility to $350M, extends maturity to 2030
Total commitment increased from $300M to $350M; maturity extended from Aug 2029 to Sept 2030.
H2O America Q2 GAAP EPS $0.71 (+11% YoY); revenue $198.3M (+13%); Quadvest deal
GAAP diluted EPS $0.71 (up 11% YoY); adjusted diluted EPS $0.75 (up 14% YoY).
H2O America to acquire Quadvest water and sewer assets for $540M; expands Texas footprint
Total purchase price of $540M: $483.6M for regulated business + $56.4M for wholesale business.
H2O America appoints Megan Mattern as Chief Accounting Officer effective July 28, 2025
Megan Mattern appointed CAO, Principal Accounting Officer, and Controller, effective July 28, 2025, replacing Ann P. Kelly who will become CFO.
Andrew F. Walters elected to board, to become CEO on July 1, 2025; Eric Thornburg to remain Chair
Board increased from 9 to 10 directors; Andrew F. Walters appointed director effective July 1, 2025.
On June 24, 2025, the Board of Directors (the “Board”) of H2O America (the “Company”) appointed Megan Mattern as the Chief Accounting Officer, Principal Accounting Officer, and Controller of the Company, effective July 28, 2025.
Ms. Mattern will replace Ms. Kelly in her role as Chief Accounting Officer and Principal Accounting Officer of the Company.
appointed Andrew F. Walters as a member of the Board, effective as of July 1, 2025.
the Company appointed Mr. Walters, the Company's current Chief Financial Officer and Treasurer, to the position of Chief Executive Officer upon the retirement of Eric W. Thornburg as Chief Executive Officer and President of the Company, each effective July 1, 2025.
upon the retirement of Eric W. Thornburg as Chief Executive Officer and President of the Company, each effective July 1, 2025.
Max materiality 0.90 · Median 0.60 · Most common event earnings