GWRS Global Water Resources, Inc.
Price Chart
Executive Summary
Global Water Resources (GWRS) reported full-year 2025 results with revenue up 5.8% to $55.8 million, driven by acquisitions, organic growth, and rate increases. However, net income fell 48.9% to $3.0 million due to higher depreciation, a $1.3 million asset disposal loss, and rising operating costs. Adjusted EBITDA declined slightly to $26.5 million. The company secured a $15 million term loan and declared a $0.02533 monthly dividend.
Key Financial Metrics
Actionable Insight
Revenue and connection growth remain strong, but near-term earnings pressure from heavy capex and depreciation may persist until new rates are approved in late 2026. Monitor progress of ongoing rate cases, which could unlock ~$4.3 million in annual revenue. Dividend is stable, but earnings decline raises coverage concerns if trends continue.
Key Facts
- Revenue increased 5.8% YoY to $55.758 million in 2025.
- Net income dropped 48.9% to $3.0 million ($0.11 per share) from $5.8 million ($0.24) in 2024.
- Adjusted EBITDA decreased 0.7% to $26.5 million.
- Adjusted net income fell 38.4% to $3.9 million ($0.14 per share) from $6.3 million ($0.26).
- Company invested $67.3 million in capital projects and completed acquisition of seven Tucson Water systems.
- Declared annualized dividend of $0.30396 per share; $15 million term loan secured at 5.49% fixed rate.
Financial Impact
Revenue grew by $3.1 million, but net income declined by $2.8 million. Adjusted net income down $2.4 million. Capital spending doubled to $67.3 million.
Risk Factors
- Earnings under pressure from high depreciation and prior-year capex; future profitability depends on timely rate recovery.
- Rate case outcome uncertain; hearings begin August 2026 with decision expected late 2026.
- Operating expenses rising faster than revenue (e.g., medical, utilities, chemicals).
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3249755 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
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May 29, 2026
11d ago
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Press Release
| $7.29 $7.10 | ▼ −2.61% | ▼ −2.31% | $7.05 (−3.29%) |
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May 22, 2026
18d ago
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Insider Cluster
| $7.73 $7.38 | ▼ −4.53% | ▼ −5.61% | $7.05 (−8.80%) |
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May 22, 2026
18d ago
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Insider Cluster
| $7.73 $7.38 | ▼ −4.53% | ▼ −5.61% | $7.05 (−8.80%) |
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May 18, 2026
22d ago
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Press Release
| $6.80 $7.49 | ▲ +10.15% | ▲ +7.85% | $7.05 (+3.68%) |
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May 13, 2026
27d ago
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8-K
| $6.94 $6.99 | ▲ +0.79% | ▲ +1.51% | $7.05 (+1.66%) |
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May 4, 2026
5w ago
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8-K
| $7.06 $6.96 | ▼ −1.42% | ▼ −4.35% | $7.05 (−0.14%) |
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Apr 30, 2026
5w ago
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8-K
| $7.11 $7.01 | ▼ −1.41% | ▼ −3.13% | $7.05 (−0.84%) |
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Apr 30, 2026
5w ago
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Press Release
| $7.11 $7.01 | ▼ −1.41% | ▼ −3.13% | $7.05 (−0.84%) |
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Apr 29, 2026
5w ago
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Press Release
| $7.20 $7.03 | ▼ −2.36% | ▼ −5.47% | $7.05 (−2.08%) |
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Apr 22, 2026
6w ago
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Press Release
| $7.33 $7.30 | ▼ −0.41% | ▼ −0.46% | $7.05 (−3.82%) |
US Market Status
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