Companies /Utilities

York Water Company

NASDAQ: YORW Utilities - Regulated Water
$32.99
▲ $0.12 (+0.37%) today
Markets closed · 6:15pm ET

Q1 2026 Earnings

Reported May 5, 2026, 10:46am ET · SEC source
$0.33
Beat +6.45%
EPS · est. $0.31
$20.1M
Miss −1.06%
Revenue · est. $20.3M
+2.1%
Beating market
YORW vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−2%0May 5May 6report 10:46am ETearnings+1.5%−1.4%
−2%0May 5May 6earnings+1.5%−1.4%
YORW −1.4%S&P 500 +1.5%
−2%0+2%May 5May 6report 10:46am ETearnings+2.2%−1.4%
−2%0+2%May 5May 6earnings+2.2%−1.4%
YORW −1.4%NASDAQ +2.2%
−2%0+2%May 4May 13report 10:46am ETearnings+2.3%−0.2%
−2%0+2%May 4May 13earnings+2.3%−0.2%
YORW −0.2%S&P 500 +2.3%
−3%0+3%May 4May 13report 10:46am ETearnings+4.4%−0.2%
−3%0+3%May 4May 13earnings+4.4%−0.2%
YORW −0.2%NASDAQ +4.4%
−0.10%
Day of report
−0.34%
Next session
+1.61%
One week
+4.02%
30 days

S&P 500 over the same 30 days: +1.90%.

Did YORW Beat Earnings? Q1 2026 Results

York Water delivered a quietly solid first quarter for fiscal 2026, posting earnings per share of $0.33 to beat the $0.31 consensus estimate by 6.45%, even as revenue of $20.07 million came in just slightly below the $20.29 million analyst expectation. The top line still grew 8.8% year over year, with a March 1, 2026 rate increase serving as the primary engine behind that expansion, lifting operating revenues by $1.62 million and net income by $1.18 million compared to the prior-year period. Higher operation and maintenance expenses, increased depreciation, and added interest costs provided some drag, but lower income taxes offered a meaningful offset. The company also continued its measured acquisition strategy, picking up two small Pennsylvania wastewater systems during the quarter for $470,000. With an estimated $38.10 million in additional capital investment planned for the remainder of 2026, York Water is positioning for continued infrastructure-led growth, while its 27th consecutive year of dividend increases underscores the steady, income-oriented character that defines this regulated utility.

Key Takeaways
  • Rate increase effective March 1, 2026
  • Growth in customer base
  • Lower income taxes due to higher IRS tangible property regulation deductions
  • DSIC reset to zero partially offset revenue gains
  • Higher operation and maintenance expenses
  • Higher depreciation
  • Higher interest on debt

“First quarter operating revenues of $20,074,000 increased $1,618,000, and net income of $4,814,000 increased $1,176,000 compared to the first quarter of 2025. Basic and Diluted Earnings per share of $0.33 for the three-month period increased $0.08 compared to the same period last year. Increased revenues were primarily due to increase in rates effective March 1, 2026 partially offset by a reset to zero of the Distribution System Improvement Charge (DSIC).”

York Water CEO, on the earnings call

Forward Guidance & Outlook

The Company estimates it will invest an additional $38.1 million in 2026, excluding acquisitions, for main extensions, a continuing upgrade to the enterprise software system, and routine improvements to its pipes, service lines, and other facilities to ensure a safe, adequate, and reliable supply of drinking water and to maintain proper handling and disposal of wastewater for the Company's growing customer base.

YORW YoY Financials

Q1 2026 vs Q1 2025 · SEC filings Q1 2025 Q1 2026
$0$6.0M$12.0M$18.0M$18.5M$20.1MRevenue$3.6M$4.8MNet Income
$0$6.0M$12.0M$18.0MRevenueNet Income

Figures from SEC filings and company reports. Not investment advice.