GWRS Financials Global Water Resources, Inc.

12 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 16, 2026, 10:14 UTC Overview →

Growth & profitability

Revenue has grown 7.6% per year over the past 5 years.
Net income has grown faster than revenue (21.8% vs 7.6% per year).
Operating margin has contracted, at 12.8% in the latest year.

Financial health

Total debt ($134M) exceeds cash ($4M); net debt is $130M.
Total debt has grown slower than revenue (3.1% vs 7.6% per year).
Total debt is 6.0× EBITDA.

Shareholder returns

Dividends have been paid for 12 consecutive years, consuming 277.3% of earnings.
The dividend has grown 4.6% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$56M	$3M	0.0%	12.8%	3.4%	0.6%	-$47M	$134M	$4M
2024	$53M	$6M	0.0%	17.8%	12.2%	1.4%	-$11M	$122M	$9M
2023	$53M	$8M	0.0%	23.2%	16.4%	2.2%	$3M	$106M	$3M
2022	$45M	$6M	0.0%	17.5%	12.4%	1.7%	-$11M	$109M	$7M
2021	$42M	$4M	0.0%	16.7%	12.0%	1.2%	$2M	$113M	$13M
2020	$39M	$1M	0.0%	19.0%	3.4%	0.4%	$5M	$115M	$18M
2019	$35M	$2M	0.0%	19.6%	9.0%	0.8%	$379000	$115M	$8M
2018	$36M	$3M	0.0%	26.1%	11.1%	1.2%	$7M	$115M	$13M
2017	—	$5M	—	—	30.6%	1.9%	-$10M	$115M	$5M
2016	—	-$3M	—	—	-16.8%	-1.1%	-$7M	$115M	$20M
2015	—	$21M	—	—	106.5%	9.1%	$890000	$106M	$12M
2014	—	$65M	—	—	234.6%	—	$10M	—	$7M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$18M	$3M	0.0%	25.4%	3.2%	0.6%	-$2M	$132M	$1M
Mar '26	$13M	-$366000	0.0%	2.9%	-0.4%	-0.1%	-$2M	$134M	$2M
Dec '25	$14M	-$963000	0.0%	2.7%	-1.1%	-0.2%	-$15M	$134M	$4M
Sep '25	$16M	$2M	0.0%	18.8%	1.9%	0.4%	-$6M	$121M	$15M
Jun '25	$14M	$2M	0.0%	18.4%	2.1%	0.4%	-$19M	$121M	$10M
Mar '25	$12M	$591000	0.0%	10.1%	0.8%	0.1%	-$8M	$122M	$31M
Dec '24	$13M	$443000	0.0%	9.9%	0.9%	0.1%	-$7M	$122M	$9M
Sep '24	$14M	$3M	0.0%	27.8%	6.0%	0.7%	-$5M	$124M	$18M
Jun '24	$14M	$2M	0.0%	20.7%	3.6%	0.4%	-$943000	$123M	$18M
Mar '24	$12M	$691000	0.0%	10.9%	1.4%	0.2%	$2M	$125M	$21M
Dec '23	$12M	$1M	0.0%	13.4%	2.4%	0.3%	-$1M	$106M	$3M
Sep '23	$15M	$3M	0.0%	26.4%	5.4%	0.7%	$5M	$107M	$5M
Jun '23	$13M	$2M	0.0%	23.2%	3.6%	0.5%	-$982000	$107M	$2M
Mar '23	$13M	$2M	0.0%	28.8%	5.4%	0.7%	-$56000	$109M	$2M
Dec '22	$11M	$824000	0.0%	11.1%	1.9%	0.3%	-$5M	$109M	$7M
Sep '22	$12M	$2M	0.0%	23.3%	3.7%	0.5%	-$3M	$111M	$16M
Jun '22	$12M	$2M	0.0%	21.0%	7.1%	0.7%	-$2M	$111M	$5M
Mar '22	$10M	$889000	0.0%	13.6%	3.0%	0.3%	-$798000	$113M	$11M
Dec '21	$10M	$346000	0.0%	12.7%	1.2%	0.1%	-$1M	$113M	$13M
Sep '21	$11M	$1M	0.0%	20.1%	4.8%	0.5%	$2M	$115M	$21M

Valuation over time

How the market has priced GWRS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 65.0× (Mar '23) to 78.1× (Nov '26).
The price-to-sales ratio has fallen from 8.0× (Mar '23) to 4.1× (Nov '26).
The dividend yield has risen from 1.9% (Mar '23) to 3.6% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is GWRS growing its revenue and profit?

Over the past 5 years, Global Water Resources, Inc.'s revenue has grown 7.6% per year, and net income grown 21.8% per year. These are computed facts, not advice.

How much debt does GWRS have?

As of FY2025, Global Water Resources, Inc. reported $134M of total debt against $4M of cash.

What is GWRS's profit margin?

In FY2025, gross margin was —, operating margin 12.8%, and net margin 5.3%.

What is GWRS's P/E ratio?

Global Water Resources, Inc.'s P/E (TTM) is 73.66 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the GWRS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 78.1× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.