The York Water Company Reports 2nd Quarter and Six Months Earnings
York Water Company (NASDAQ:YORW) has released its financial results for Q2 and H1 2025.
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Rhea-AI Summary
York Water Company (NASDAQ:YORW) has released its financial results for Q2 and H1 2025. In Q2, the company reported operating revenues of $19.2 million, up $449,000 from Q2 2024, with net income of $5.1 million, a slight increase of $59,000. Q2 earnings per share remained steady at $0.35.
For H1 2025, while operating revenues increased to $37.7 million (up $1.3 million), net income declined to $8.7 million (down $630,000) compared to H1 2024. The company invested $22.2 million in capital projects during H1 2025 and plans to invest an additional $23.8 million throughout the year for infrastructure improvements and system upgrades.
Positive
- Operating revenues increased by $449,000 in Q2 2025
- Q2 2025 net income grew by $59,000 year-over-year
- Customer base expansion and DSIC revenues drove growth
- Significant capital investment of $22.2M in H1 2025 for infrastructure improvements
- Lower income taxes due to IRS tangible property regulations
Negative
- H1 2025 net income decreased by $630,000 compared to H1 2024
- H1 2025 EPS declined by $0.05 to $0.60
- Higher operation and maintenance expenses
- Increased interest on debt
- Lower allowance for funds used during construction (AFUDC)
Details
News Market Reaction – YORW
On Aug 12, the day this news came out, YORW closed 3.01% above the previous close.
Data tracked by StockTitan Argus for the Aug 12 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
YORK, Pa., Aug. 12, 2025 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the second quarter and the first six months of 2025.
President Hand reported that second quarter operating revenues of
President Hand also reported that the first six months operating revenues of
During the first six months of 2025, the Company invested
| Period Ended June 30 | ||||||||
| In 000's (except per share) | ||||||||
| Quarter | Six Months | |||||||
| 2025 | 2024 | 2025 | 2024 | |||||
| Operating Revenues | $ | 19,199 | $ | 18,750 | $ | 37,655 | $ | 36,378 |
| Net Income | $ | 5,052 | $ | 4,993 | $ | 8,690 | $ | 9,320 |
| Average Number of Common Shares Outstanding | 14,397 | 14,341 | 14,389 | 14,333 | ||||
| Basic and Diluted Earnings Per Common Share | $ | 0.35 | $ | 0.35 | $ | 0.60 | $ | 0.65 |
| Dividends Declared Per Common Share | $ | 0.2192 | $ | 0.2108 | $ | 0.4384 | $ | 0.4216 |
This news release may contain forward-looking statements regarding the Company’s operational and financial expectations. These statements are based on currently available information and are subject to risks, uncertainties, and other events which could cause the Company’s actual results to be materially different from the results described in this statement. The Company undertakes no duty to update any forward-looking statement.
Contact Information: JT Hand, President & CEO jth@yorkwater.com -OR- Matthew E. Poff, Chief Financial Officer matthewp@yorkwater.com 717-845-3601
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