York Water Company
Q3 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: −0.34%.
Did YORW Beat Earnings? Q3 2026 Results
York Water Co delivered a standout third quarter for fiscal 2026, posting GAAP earnings per share of $0.49 and beating the $0.40 consensus estimate by 22.50%, marking the fifth consecutive quarter the Pennsylvania water utility has topped Wall Street's EPS expectations. Revenue climbed to $23.52 million, a 22.5% increase year over year and well ahead of the $21.27 million consensus, representing a 10.55% positive surprise. The primary engine behind the outperformance was a rate increase that took effect March 1, 2026, which drove the bulk of the $4.32 million revenue gain versus the prior-year quarter, even as the reset of Pennsylvania's Distribution System Improvement Charge provided a partial offset. Net income rose to $7.62 million, up from $5.05 million a year ago. Analysts tracking the stock have recently assigned buy ratings with a target price near $32.50, reflecting confidence in the utility's stable fundamentals. Looking ahead, York Water expects to deploy an additional $26.80 million in capital investment through the remainder of 2026, supporting infrastructure upgrades and its expanding customer base.
- Rate increase effective March 1, 2026
- Growth in customer base
- Reset to zero of the Distribution System Improvement Charge (DSIC) partially offset revenue gains
- Higher deductions from IRS tangible property regulations reduced income taxes in six-month period
“Second quarter operating revenues of $23,515,000 increased $4,316,000, and net income of $7,615,000 increased $2,563,000 compared to the second quarter of 2025.”
York Water CEO, on the earnings call
Forward Guidance & Outlook
The Company estimates it will invest an additional $26.8 million in the remainder of 2026, excluding acquisitions, for additional main extensions, a continuing upgrade to the enterprise software system, and routine improvements to its pipes, service lines, and other facilities to ensure safe, adequate, and reliable drinking water supply and proper wastewater handling for its growing customer base.
YORW YoY Financials
Figures from SEC filings and company reports. Not investment advice.