Every 8-K that H2O America (HTO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow HTO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HTO filings page.
H2O America completed, through its indirect subsidiaries The Texas Water Company, Inc. (TWC) and Texas Water Operation Services, LLC (TWOS), the acquisition from Quadvest Retail and Quadvest Wholesale of substantially all assets related to their respective regulated and wholesale water and sewer businesses for a $540 million base purchase price, subject to customary purchase price adjustments.
The acquired operations more than double H2O America’s water and wastewater connections in Texas. Texas customers represented 8% of the company’s overall customer base before October 1, 2026, and H2O America expects them to represent 26% by 2029, including the anticipated buildout of Quadvest’s development pipeline. Quadvest’s operations are projected to deliver double-digit customer growth over the next several years.
Quadvest’s locally based employees and leadership were retained, and customer service continues without interruption. H2O America will file acquired-business financial statements and pro forma financial information by amendment no later than 71 days after the date this report is required to be filed.
H2O America reported second quarter 2026 operating revenue of $210.5 million, up from $198.3 million a year earlier. GAAP net income was $26.6 million and diluted EPS was $0.62, while adjusted net income was $30.7 million and adjusted diluted EPS was $0.72. Year-to-date revenue reached $393.8 million with GAAP net income of $45.6 million and adjusted net income of $50.1 million; EPS declined as a higher share count from equity issuance more than offset profit growth.
The company invested $206.9 million in infrastructure in the first half of 2026 and plans $483 million of 2026 capital spending and $2.7 billion over 2026–2030. Management reaffirmed standalone 2026 adjusted diluted EPS guidance of $3.08–$3.18 and a long-term 6–8% adjusted EPS CAGR. The pending $540 million Quadvest acquisition advanced after Texas regulators’ staff recommended proceeding without a hearing, with closing anticipated around late third or early fourth quarter 2026. The board declared a quarterly dividend of $0.44 per share, equivalent to $1.76 on an annualized basis.
H2O America filed a current report stating that Ms. Johnson will separate from the company effective July 3, 2026. The company classified the separation as “without cause” under her employment agreement. H2O America will pay Ms. Johnson the severance provided in that agreement, subject to the terms of a separate severance agreement.
H2O America reported the results of its annual stockholder meeting. Stockholders elected nine director nominees listed in the 2026 proxy statement, with each receiving over 34 million votes in favor and substantially fewer votes against or abstaining, so all nominees were elected to the Board.
Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers, with 34,474,021 votes for, 908,548 against, and 96,246 abstentions, alongside 3,289,848 broker non-votes. In addition, they ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 38,440,303 votes for, 267,952 against, and 60,408 abstentions.
H2O America reported first quarter 2026 results with GAAP diluted EPS of $0.49 and adjusted diluted EPS of $0.50, both unchanged from a year earlier. Net income rose 15% to $19.0 million, while adjusted net income grew 16% to $19.4 million as rate increases and higher usage lifted revenue.
Operating revenue increased 9% to $183.3 million, driven mainly by $11.8 million of rate increases and $2.0 million of higher customer usage, partly offset by higher production and operating costs. The company reaffirmed 2026 standalone adjusted EPS guidance of $3.08–$3.18 and its 6–8% long-term adjusted EPS CAGR target.
H2O America continues to plan $483 million of 2026 capital spending and $2.7 billion over 2026–2030, and has invested $85.3 million year-to-date. It is progressing regulatory approvals for the $540 million Quadvest acquisition and related Texas growth. The board declared a $0.44 quarterly dividend, implying 2026 annualized dividends of $1.76 per share.
H2O America is conducting an underwritten public offering of 11,484,824 shares of common stock at $53.00 per share, using a forward sale structure with JPMorgan and Wells Fargo for 7,547,170 of those shares and directly issuing 3,937,654 shares.
Underwriters also exercised in full a 30-day option to buy an additional 1,722,723 shares. The company estimates net proceeds of about $588.9 million, or $677.2 million if the option is fully reflected, and plans to combine this with debt financing primarily to fund the Quadvest acquisition and related costs, or for general corporate purposes if that deal does not close.
H2O America filed a current report describing previously agreed asset purchases in Texas and providing detailed financials for the target businesses. Through subsidiaries, the company agreed to acquire substantially all water and sewer utility assets of Quadvest Retail for a base price of $483.6 million and substantially all wholesale water and sewer assets of Quadvest Wholesale for a base price of $56.4 million, each subject to capital expenditure adjustments and various closing conditions, including simultaneous closing of both transactions. The report includes audited financial statements of Quadvest Retail and Quadvest Wholesale for the year ended December 31, 2025 as Exhibits 99.1 and 99.2, along with an auditor consent.
H2O America reported steady 2025 growth and raised its long-term outlook. GAAP diluted EPS rose to $2.92 from $2.87, while adjusted diluted EPS increased to $2.99 from $2.95, landing near the top of the company’s $2.95–$3.00 guidance range. Net income grew 9% to $102.6 million and operating revenue increased 7% to $800.6 million, driven mainly by $67.4 million of rate increases, partly offset by lower usage and regulatory mechanism changes.
The company unveiled a larger 2026–2030 capital plan totaling $2.7 billion, about 31% above the prior five-year budget, focused on pipeline replacement, roughly $400 million of PFAS treatment and investments in the Quadvest system after an anticipated mid‑2026 close. Management issued standalone 2026 adjusted EPS guidance of $3.08–$3.18 and raised its long‑term adjusted EPS CAGR target to 6–8%, expecting a non‑linear rate at or above the top of that range over 2026–2030, including the pending Quadvest and Cibolo Valley deals.
Quadvest’s Texas customer base continued to expand, with active connections up 16% to 54,400 and a backlog of 87,000 connections under contract. The board also raised the quarterly dividend to $0.44 per share in January 2026, a 4.8% increase, implying a $1.76 annualized dividend versus $1.68 in 2025.
H2O America reported that Eric W. Thornburg, a director and non-executive Chair of the Board, has decided to retire from the Board effective January 31, 2026. The company states that his retirement is not due to any disagreement regarding its operations, policies, or practices.
Upon Mr. Thornburg’s retirement, the Board has appointed Andrew F. Walters, the company’s Chief Executive Officer and a current director, to serve as Chair of the Board. The Board also expressed deep gratitude for Mr. Thornburg’s long service, including his prior role as President and Chief Executive Officer.
H2O America filed a current report to let investors know it has released its financial results for the third quarter of 2025. The company states that, on October 27, 2025, it issued a press release announcing these results, and that the full text of the press release is provided as Exhibit 99.1 to this report. The company also clarifies that the earnings information in Item 2.02 and the attached exhibit are being furnished, not filed, which affects how they are treated under securities laws.
H2O America filed an 8-K reporting an amendment to its credit agreement that increases the total commitment to $350 million from $300 million and extends the maturity date to September 12, 2030 from August 2, 2029. The filing lists revised borrower sublimits allocating availability across affiliates: the Company $50,000,000; SJWC $165,000,000; SJWTX $30,000,000; CWC $80,000,000; and MWC $25,000,000.
The text provided is a summary of key provisions and states the full Credit Amendment is filed as Exhibit 10.1 and incorporated by reference. No financial statements or earnings data are included in the provided excerpt.