H2O Net Income from 2010 to 2026
| HTO Stock | 53.61 0.42 0.78% |
Net Income | First Reported 1985-09-30 | Previous Quarter 24.7 M | Current Value 45.1 M | Quarterly Volatility 8.2 M |
Check H2O America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among H2O America's main balance sheet or income statement drivers, such as Total Revenue of 903.7 M, Gross Profit of 513.3 M or EBITDA of 349.4 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.0373 or PTB Ratio of 1.51. H2O financial statements analysis is a perfect complement when working with H2O America Valuation or Volatility modules.
H2O | Net Income | Build AI portfolio with H2O Stock |
Latest H2O America's Net Income Growth Pattern
Below is the plot of the Net Income of H2O America over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in H2O America financial statement analysis. It represents the amount of money remaining after all of H2O America operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is H2O America's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in H2O America's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 93.97 M | 10 Years Trend |
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Net Income |
| Timeline |
H2O Net Income Regression Statistics
| Arithmetic Mean | 54,963,718 | |
| Geometric Mean | 45,144,582 | |
| Coefficient Of Variation | 57.74 | |
| Mean Deviation | 25,387,819 | |
| Median | 52,839,000 | |
| Standard Deviation | 31,736,185 | |
| Sample Variance | 1007.2T | |
| Range | 104.9M | |
| R-Value | 0.91 | |
| Mean Square Error | 187.6T | |
| R-Squared | 0.83 | |
| Slope | 5,709,671 | |
| Total Sum of Squares | 16115T |
H2O Net Income History
Other Fundumenentals of H2O America
H2O America Net Income component correlations
About H2O America Financial Statements
H2O America investors utilize fundamental indicators, such as Net Income, to predict how H2O Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income | 108.1 M | 113.5 M | |
| Net Income From Continuing Ops | 108.1 M | 86.1 M | |
| Net Income Per Share | 2.52 | 2.64 | |
| Net Income Per E B T | 0.82 | 0.54 |
Pair Trading with H2O America
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if H2O America position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in H2O America will appreciate offsetting losses from the drop in the long position's value.Moving against H2O Stock
| 0.76 | 688296 | Zhejiang Heda Technology | PairCorr |
| 0.58 | SBS | Companhia de Saneamento | PairCorr |
| 0.49 | 601199 | Jiangsu Jiangnan Water | PairCorr |
| 0.48 | 601158 | Chongqing Water Group | PairCorr |
| 0.44 | 688466 | GreenTech Environmental | PairCorr |
The ability to find closely correlated positions to H2O America could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace H2O America when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back H2O America - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling H2O America to buy it.
The correlation of H2O America is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as H2O America moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if H2O America moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for H2O America can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of H2O America Correlation against competitors. To learn how to invest in H2O Stock, please use our How to Invest in H2O America guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Water Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of H2O America. If investors know H2O will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about H2O America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.361 | Dividend Share 1.62 | Earnings Share 3 | Revenue Per Share | Quarterly Revenue Growth 0.122 |
The market value of H2O America is measured differently than its book value, which is the value of H2O that is recorded on the company's balance sheet. Investors also form their own opinion of H2O America's value that differs from its market value or its book value, called intrinsic value, which is H2O America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because H2O America's market value can be influenced by many factors that don't directly affect H2O America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between H2O America's value and its price as these two are different measures arrived at by different means. Investors typically determine if H2O America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, H2O America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.