The York Water Company Reports 3rd Quarter and Nine Months Earnings
Quarterly and nine-month earnings per share rose despite higher average common shares outstanding.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The York Water Company (NASDAQ:YORW) reported third-quarter 2026 net income of $7.809 million, up $1.608 million from a year earlier. Operating revenue rose $3.972 million to $24.333 million, while basic and diluted earnings per share increased to $0.48 from $0.43.
For the first nine months, revenue increased $9.906 million to $67.922 million and net income rose $5.347 million to $20.238 million. Earnings per share increased to $1.30 from $1.03. The company attributed revenue growth primarily to rates effective March 1, 2026, partly offset by resetting its infrastructure replacement charge to zero; customer growth also contributed. Higher operating and maintenance expenses, depreciation and income taxes partly offset the revenue increase.
York invested $36.2 million in capital projects and $470,000 in two wastewater acquisitions. It estimates additional 2026 investment of $11.8 million, excluding acquisitions.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointThird-quarter revenue of $24.333 million increased $3.972 million from the third quarter of 2025.
- Moderate pointThird-quarter net income of $7.809 million increased $1.608 million year over year.
- Moderate point$36.2 million invested during the first nine months funded infrastructure projects and enterprise software upgrades. 6.9% of market cap
- Minor pointThird-quarter basic and diluted EPS of $0.48 increased from $0.43 a year earlier.
- Minor pointNine-month revenue of $67.922 million increased $9.906 million from the first nine months of 2025.
7 minor points
- Minor pointNine-month net income of $20.238 million increased $5.347 million year over year.
- Minor pointNine-month basic and diluted EPS of $1.30 increased from $1.03 a year earlier.
- Minor pointRates effective March 1, 2026 and customer growth contributed to revenue increases.
- Minor pointQuarterly dividends declared per share of $0.2280 increased from $0.2192 a year earlier.
- Minor pointNine-month dividends declared per share of $0.6840 increased from $0.6576 a year earlier.
- Minor pointTwo wastewater systems acquired: CMV Sewage and Pine Run Retirement Community.
- Minor point. Forward-looking: it has not happened yet and may not happen.Estimated additional 2026 investment of $11.8 million, excluding acquisitions, covers extensions, software upgrades and facility improvements.
Negative
- Minor pointHigher operation and maintenance expenses, depreciation and income taxes partly offset revenue growth in both reporting periods.
- Minor pointInfrastructure replacement charge reset to zero partly offset revenue gains from higher rates in both reporting periods.
- Minor pointQuarterly average common shares outstanding increased to 16.219 million from 14.412 million a year earlier.
- Minor pointNine-month average common shares outstanding increased to 15.520 million from 14.397 million a year earlier.
- Minor point$470,000 acquisition investment funded the purchase of the two wastewater systems.
AI-generated analysis. How Rhea-AI works. Not financial advice.
YORK, Penn., Nov. 06, 2026 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the third quarter and the first nine months of 2026.
President Hand reported that third quarter operating revenues of
President Hand also reported that the first nine months operating revenues of
During the first nine months of 2026, the Company invested
| Period Ended September 30 | ||||||||
| In 000's (except per share) | ||||||||
| Quarter | Nine Months | |||||||
| 2026 | 2025 | 2026 | 2025 | |||||
| Operating Revenues | $ | 24,333 | $ | 20,361 | $ | 67,922 | $ | 58,016 |
| Net Income | $ | 7,809 | $ | 6,201 | $ | 20,238 | $ | 14,891 |
| Average Number of Common Shares Outstanding | 16,219 | 14,412 | 15,520 | 14,397 | ||||
| Basic and Diluted Earnings Per Common Share | $ | 0.48 | $ | 0.43 | $ | 1.30 | $ | 1.03 |
| Dividends Declared Per Common Share | $ | 0.2280 | $ | 0.2192 | $ | 0.6840 | $ | 0.6576 |
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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were York Water's third-quarter 2026 earnings?
York Water reported $7.809 million in net income and basic and diluted earnings per share of $0.48 for the third quarter of 2026. Net income increased $1.608 million and earnings per share increased $0.05 compared with the third quarter of 2025.
How much additional investment does York Water expect in 2026?
York Water estimates an additional $11.8 million of investment in 2026, excluding acquisitions. The planned spending covers main extensions, a continuing enterprise software upgrade and routine improvements to pipes, service lines and other facilities.
Which wastewater systems did York Water acquire during the first nine months of 2026?
York Water acquired CMV Sewage in York County and the Pine Run Retirement Community wastewater system in Adams County. The company invested $470,000 in the two acquisitions during the first nine months of 2026.