Global Water Resources, Inc. GWRS

Utilities SIC 4941 - Water Supply NAICS Utilities › Water, Sewage and Other Systems › Water Supply and Irrigation Systems derived Nasdaq

GWRI is a water resource management company that owns, operates, and manages thirty-nine water, wastewater, and recycled water public utility systems in strategically located communities, principally in metropolitan Phoenix and Tucson, Arizona. We seek to deploy an integrated approach, referred to as "Total Water Management." Total Water Management is a comprehensive approach to water utility management that reduces demand on scarce non-renewable water sources and costly renewable water supplies, in a manner that ensures sustainability and greatly benefits communities both environmentally and economically. This approach employs a series of principles and practices that can be tailored to each community:

Last close 7.93 2026-10-23
Market cap $228.3M 2026-06-30 share count
52-week range 6.55 - 10.56

Valuation FY2025 figures against the last close

P/S4.1x
P/E72.1x
P/FCF—
EV/EBITDA16.2x
Dividend yield3.6%
Diluted EPS0.11

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $55.8M$52.7M$53.0M$44.7M$41.9M$38.6M$35.5M$35.5M$31.2M$29.8M
SG&A $17.9M$16.9M$16.6M$16.1M$15.1M$12.7M$11.2M$10.5M$9.4M$9.7M
Total operating expenses $48.6M$43.3M$40.7M$36.9M$34.9M$31.3M$28.5M$26.2M$23.9M$24.0M
Operating income $7.2M$9.4M$12.3M$7.8M$7.0M$7.3M$7.0M$9.3M$7.3M$5.8M
Interest expense ———$4.0M$5.2M$5.4M$5.4M$5.3M$5.1M$11.9M
Pre-tax income $4.0M$7.9M$10.9M$6.4M$4.8M$1.9M$3.4M$4.9M$4.0M-$3.8M
Income tax $1.0M$2.1M$2.9M$934.0K$1.1M$771.0K$1.2M$1.8M$601.0K$1.3M
Net income $3.0M$5.8M$8.0M$5.5M$3.6M$1.1M$2.2M$3.1M$4.6M-$2.5M
EPS, basic 0.110.240.330.240.160.050.100.150.23-0.13
EPS, diluted 0.110.240.330.240.160.050.100.150.23-0.13
Shares, diluted (wtd. avg.) 27.1M24.3M24.1M23.3M22.9M22.6M21.5M20.5M19.6M19.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $4.1M$9.0M$4.8M$7.6M$13.4M$21.3M$9.1M$13.2M$5.7M$20.5M
Receivables $3.7M$3.2M$3.4M$2.1M$2.0M$2.1M$1.6M$1.5M$1.5M$1.5M
Total current assets $14.6M$19.5M$11.7M$14.2M$19.0M$23.5M$12.3M$17.3M$9.7M$24.7M
Property, plant and equipment —————$238.9M$233.6M$227.1M$213.5M$200.5M
Goodwill $6.5M$9.5M$10.8M$5.0M$5.7M$4.6M$4.4M$2.6M$0$0
Other intangibles $6.1M$6.1M$8.8M$10.1M$10.3M$11.2M$12.6M$13.0M$12.8M$12.8M
Total assets $482.9M$405.1M$361.1M$323.1M$294.1M$283.4M$266.1M$262.5M$238.6M$238.8M
Accounts payable $2.3M$2.1M$1.0M$2.2M$2.1M$531.0K$992.0K$604.0K$321.0K$1.8M
Short-term debt $3.9M$3.9M$3.9M$3.8M$3.8M—————
Total current liabilities $19.2M$22.3M$14.2M$16.2M$16.9M$12.4M$10.1M$9.6M$9.0M$10.9M
Long-term debt $129.8M$118.5M$101.3M$104.9M$108.7M$115.0M$115.0M$115.1M$115.1M$115.0M
Total liabilities ——$312.5M$278.7M$264.0M$251.3M$241.4M$234.6M$223.7M$223.8M
Retained earnings -$961.0K$0$797.0K$0$0$0$0$0$376.0K-$4.2M
Total equity $86.6M$47.6M$48.6M$44.4M$30.0M$32.2M$24.7M$27.9M$14.9M$15.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $20.2M$21.8M$25.4M$23.3M$20.4M$14.6M$11.6M$11.3M$11.2M$1.9M
Depreciation and amortisation $15.0M$12.7M$11.4M$9.9M$9.5M$9.0M$8.4M$7.5M$6.9M$6.3M
Stock-based compensation $861.0K$1.0M$1.3M———————
Capital expenditure $67.3M$32.3M$22.3M$34.0M$18.2M$9.1M$11.2M$4.8M$20.9M$8.6M
Investing cash flow -$75.4M-$32.5M-$28.6M-$34.2M-$20.3M-$9.4M-$10.1M-$13.3M-$21.0M-$6.2M
Financing cash flow $50.9M$17.1M$406.0K$5.0M-$7.9M$7.1M-$5.6M$9.5M-$5.4M$13.3M
Dividends paid $8.2M$7.3M$7.2M$6.9M$6.6M$6.5M$6.2M$5.8M$5.4M$5.0M
Buybacks ———$304.0K$2.0K$1.0K————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-014659.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -20M 0 20M 40M 60M Revenue, FY2016: 29.8M Net income, FY2016: -2.5M Revenue, FY2017: 31.2M Net income, FY2017: 4.6M Revenue, FY2018: 35.5M Net income, FY2018: 3.1M Revenue, FY2019: 35.5M Net income, FY2019: 2.2M Revenue, FY2020: 38.6M Net income, FY2020: 1.1M Revenue, FY2021: 41.9M Net income, FY2021: 3.6M Revenue, FY2022: 44.7M Net income, FY2022: 5.5M Revenue, FY2023: 53M Net income, FY2023: 8M Revenue, FY2024: 52.7M Net income, FY2024: 5.8M Revenue, FY2025: 55.8M Net income, FY2025: 3M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $29.8M $31.2M $35.5M $35.5M $38.6M $41.9M $44.7M $53.0M $52.7M $55.8M
Gross profit — — — — — — — — — —
Net income -$2.5M $4.6M $3.1M $2.2M $1.1M $3.6M $5.5M $8.0M $5.8M $3.0M

Recent filings and events

  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Material agreement signed Item 1.01
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Material agreement signed Item 1.01
  • New debt or obligation Item 2.03
  • Material agreement signed Item 1.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 4941

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WTRG Essential Utilities, Inc. $12.23B 7.6x 10.1%
AWR AMERICAN STATES WATER CO $3.39B 25.4x 8.2%
CWT CALIFORNIA WATER SERVICE GROUP $2.97B 22.3x 6.4%
HTO H2O AMERICA $2.46B 20.2x 9.4%
MSEX MIDDLESEX WATER CO $1.06B 23.7x 1.5%
YORW YORK WATER CO $516.4M 22.9x 3.4%
CWCO Consolidated Water Co. Ltd. $445.0M 24.4x 11.0%