Consolidated Water Co. Ltd. (CWCO) Key Metrics
CWCO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $452.2M
- Enterprise value
- $320.0M
- P/E (TTM)
- 27.7 10-yr median 30.8
- Forward P/E
- 21.0
- PEG ratio
- 2.24
- Price / sales
- 3.5 10-yr median 2.9
- Price / book
- 2.0 10-yr median 1.4
- EV / EBITDA
- 12.4 10-yr median 11.6
- Dividend yield
- 1.98% $0.56 a year
- Beta
- 0.51
CWCO key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCWCO valuation Price multiples at each fiscal year-end price.
CWCO returns How much profit the business earns on the capital it uses.
CWCO per-share figures Results divided by the shares outstanding at year-end.
CWCO financial health Debt, liquidity and how easily interest is covered.
CWCO efficiency & capital use Working capital cycle and where the cash goes.
CWCO valuation history
CWCO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CWCO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CWCO cash returned to shareholders
CWCO price vs earnings per share
CWCO key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $564.9M | $412.6M | $564.8M | $227.9M | $162.9M | $183.4M | $246.7M | $175.8M | $189.1M | $162.1M |
| Enterprise value | $444.2M | $316.7M | $524.9M | $179.7M | $123.0M | $141.3M | $208.5M | $147.0M | $142.6M | $123.4M |
| P/E ratio | 30.8 | 14.6 | 19.1 | 38.9 | 186.0 | 49.4 | 20.3 | 15.6 | 30.8 | 40.9 |
| Price / sales | 4.3 | 3.1 | 3.1 | 2.4 | 2.4 | 2.5 | 3.6 | 2.7 | 3.0 | 2.8 |
| Price / book | 2.5 | 2.0 | 3.0 | 1.4 | 1.0 | 1.1 | 1.5 | 1.1 | 1.3 | 1.1 |
| Price / free cash flow | 17.0 | 13.8 | 193.2 | 16.5 | 29.7 | 11.8 | 21.1 | — | 20.9 | 37.2 |
| Price / operating cash flow | 13.5 | 11.3 | 70.9 | 10.7 | 23.4 | 10.6 | 16.2 | 19.4 | 13.9 | 20.7 |
| EV / sales | 3.4 | 2.4 | 2.9 | 1.9 | 1.8 | 1.9 | 3.0 | 2.2 | 2.3 | 2.1 |
| EV / EBITDA | 15.3 | 11.5 | 11.7 | 11.3 | 11.6 | 8.4 | 10.6 | 9.6 | 12.8 | 13.3 |
| EV / free cash flow | 13.4 | 10.6 | 179.6 | 13.0 | 22.5 | 9.1 | 17.9 | — | 15.7 | 28.3 |
| Earnings yield | 3.2% | 6.8% | 5.2% | 2.6% | 0.5% | 2.0% | 4.9% | 6.4% | 3.2% | 2.4% |
| Free cash flow yield | 5.9% | 7.2% | 0.5% | 6.0% | 3.4% | 8.5% | 4.7% | −5.6% | 4.8% | 2.7% |
| Dividend yield | 1.4% | 1.5% | 1.0% | 2.3% | 3.2% | 2.8% | 2.1% | 2.9% | 2.4% | 2.7% |
| Shareholder yield (dividends + buybacks) | 1.4% | 1.5% | 1.0% | 2.3% | 3.2% | 2.8% | 2.1% | 2.9% | 2.4% | 2.8% |
| Share price at fiscal year-end | $35.29 | $25.89 | $35.60 | $14.80 | $10.64 | $12.05 | $16.30 | $11.66 | $12.60 | $10.85 |
| Per share | ||||||||||
| Revenue per share | $8.25 | $8.41 | $11.36 | $6.11 | $4.37 | $4.77 | $4.54 | $4.36 | $4.15 | $3.87 |
| Earnings per share | $1.15 | $1.77 | $1.86 | $0.38 | $0.06 | $0.24 | $0.80 | $0.75 | $0.41 | $0.27 |
| Operating cash flow per share | $2.61 | $2.29 | $0.50 | $1.39 | $0.46 | $1.14 | $1.00 | $0.60 | $0.91 | $0.52 |
| Free cash flow per share | $2.07 | $1.87 | $0.18 | $0.90 | $0.36 | $1.03 | $0.77 | −$0.65 | $0.60 | $0.29 |
| Cash per share | $7.73 | $6.23 | $2.69 | $3.29 | $2.80 | $2.88 | $2.83 | $2.08 | $3.14 | $2.63 |
| Book value per share | $13.85 | $13.18 | $11.78 | $10.37 | $10.29 | $10.57 | $10.82 | $10.28 | $9.86 | $9.74 |
| Tangible book value per share | $12.91 | $12.20 | $10.75 | $9.51 | $9.39 | $9.42 | $9.61 | $9.62 | $9.05 | $8.74 |
| Dividends per share | $0.50 | $0.40 | $0.35 | $0.33 | $0.34 | $0.34 | $0.34 | $0.34 | $0.30 | $0.30 |
| Capex per share | $0.53 | $0.42 | $0.32 | $0.49 | $0.10 | $0.11 | $0.23 | $1.25 | $0.30 | $0.23 |
| Debt per share | $0.19 | $0.22 | $0.17 | $0.16 | $0.19 | $0.11 | $0.31 | $0.17 | $0.05 | $0.03 |
| Shares outstanding | 16.0M | 15.9M | 15.9M | 15.4M | 15.3M | 15.2M | 15.1M | 15.1M | 15.0M | 14.9M |
| Change in shares outstanding | +0.5% | +0.4% | +3.0% | +0.6% | +0.6% | +0.6% | +0.4% | +0.4% | +0.4% | +0.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 8.5% | 14.2% | 17.1% | 3.7% | 0.5% | 2.3% | 7.6% | 7.5% | 4.2% | 2.7% |
| Return on invested capital (ROIC) | 15.3% | 12.5% | 23.7% | 7.8% | 1.7% | 6.8% | 9.3% | 7.0% | 2.2% | 2.1% |
| Return on assets (ROA) | 7.3% | 12.2% | 14.4% | 3.2% | 0.5% | 2.0% | 6.7% | 6.7% | 3.7% | 2.4% |
| Return on tangible assets | 7.6% | 12.4% | 14.6% | 3.3% | 0.5% | 2.3% | 7.0% | 6.9% | 4.0% | 2.7% |
| Free cash flow margin | 25.1% | 22.3% | 1.6% | 14.7% | 8.2% | 21.5% | 17.0% | −14.9% | 14.6% | 7.5% |
| Income quality (OCF / net income) | 2.27 | 1.29 | 0.27 | 3.64 | 7.96 | 4.67 | 1.25 | 0.80 | 2.22 | 1.98 |
| Financial health | ||||||||||
| Total debt | $3.0M | $3.5M | $2.7M | $2.5M | $2.9M | $1.6M | $4.7M | $2.6M | $686,000 | $490,000 |
| Cash & short-term investments | $123.8M | $99.4M | $42.6M | $50.7M | $42.9M | $43.8M | $42.9M | $31.3M | $47.2M | $39.3M |
| Net debt | −$120.8M | −$95.9M | −$40.0M | −$48.2M | −$39.9M | −$42.2M | −$38.2M | −$28.8M | −$46.5M | −$38.8M |
| Debt / equity | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.03 | 0.02 | 0.00 | 0.00 |
| Debt / assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 |
| Net debt / EBITDA | −4.16 | −3.49 | −0.89 | −3.02 | −3.78 | −2.50 | −1.94 | −1.88 | −4.19 | −4.17 |
| Current ratio | 6.12 | 6.33 | 4.72 | 4.09 | 10.03 | 10.51 | 9.30 | 7.89 | 8.74 | 9.11 |
| Quick ratio | 5.99 | 5.97 | 4.46 | 3.83 | 9.70 | 10.05 | 8.88 | 7.61 | 8.51 | 8.77 |
| Interest coverage | — | 179.5 | 255.8 | 199.5 | 196.2 | 863.3 | — | 946.5 | 334.4 | 20.5 |
| Working capital | $141.9M | $132.8M | $88.8M | $69.9M | $69.4M | $66.0M | $65.5M | $54.5M | $59.1M | $54.2M |
| Invested capital | $100.9M | $114.1M | $146.9M | $111.4M | $117.7M | $118.7M | $125.5M | $126.2M | $101.4M | $106.8M |
| Tangible asset value | $211.7M | $199.8M | $175.6M | $154.5M | $151.8M | $151.5M | $159.6M | $153.9M | $143.9M | $139.1M |
| Net current asset value | $138.8M | $129.8M | $86.1M | $67.3M | $66.4M | $62.4M | $59.1M | $53.6M | $57.2M | $51.4M |
| Graham number | $18.89 | $22.92 | $22.23 | $9.42 | $3.64 | $7.61 | $13.99 | $13.16 | $9.53 | $7.62 |
| Graham net-net per share | $7.61 | $6.83 | $4.03 | $3.30 | $3.55 | $3.37 | $3.22 | $2.86 | $3.39 | $2.98 |
| Capital allocation | ||||||||||
| Dividends paid | $8.0M | $6.3M | $5.5M | $5.2M | $5.2M | $5.1M | $5.1M | $5.1M | $4.5M | $4.4M |
| Share buybacks (net) | $29,089 | $14,614 | $1,830 | $226 | $16,799 | $1,728 | $24,096 | $4,362 | $0 | $14,054 |
| Dividend payout ratio | 43.4% | 22.3% | 18.5% | 88.1% | 589.6% | 138.6% | 42.0% | 45.1% | 72.8% | 112.2% |
| Dividends + buybacks / free cash flow | 24.1% | 21.2% | 187.8% | 37.4% | 94.6% | 33.0% | 44.0% | — | 49.4% | 102.3% |
| Capex / revenue | 6.5% | 5.0% | 2.8% | 8.0% | 2.2% | 2.4% | 5.1% | 28.7% | 7.3% | 6.0% |
| Capex / operating cash flow | 20.5% | 18.3% | 63.3% | 35.4% | 21.4% | 10.0% | 23.2% | 208.5% | 33.5% | 44.3% |
| Capex / depreciation | 1.12 | 1.00 | 0.77 | 1.22 | 0.22 | 0.23 | 0.49 | 2.68 | 0.63 | 0.47 |
| Stock-based compensation / revenue | 1.3% | 1.0% | 1.1% | 1.5% | 1.5% | 1.6% | 1.7% | 1.3% | 1.3% | 0.9% |
| R&D / revenue | — | — | 0.3% | 0.4% | — | — | — | — | — | — |
| SG&A / revenue | 22.8% | 19.9% | 13.3% | 21.6% | 26.1% | 24.0% | 23.3% | 26.1% | 27.5% | 29.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 110.7 | 141.4 | 90.9 | 112.1 | 136.0 | 117.2 | 133.8 | 117.0 | 101.2 | 93.3 |
| Days of inventory on hand | 27.4 | 31.0 | 18.2 | 23.6 | 24.1 | 25.9 | 24.9 | 18.6 | 20.0 | 22.9 |
| Days payables outstanding | 40.3 | 42.7 | 30.9 | 32.3 | 23.5 | 24.8 | 36.4 | 31.2 | 34.6 | 52.8 |
| Cash conversion cycle (days) | 97.8 | 129.8 | 78.1 | 103.4 | 136.7 | 118.2 | 122.3 | 104.4 | 86.7 | 63.4 |
| Receivables turnover | 3.30 | 2.58 | 4.02 | 3.26 | 2.68 | 3.12 | 2.73 | 3.12 | 3.61 | 3.91 |
| Payables turnover | 9.05 | 8.55 | 11.80 | 11.31 | 15.56 | 14.69 | 10.04 | 11.71 | 10.56 | 6.91 |
| Inventory turnover | 13.31 | 11.78 | 20.10 | 15.49 | 15.16 | 14.11 | 14.68 | 19.60 | 18.21 | 15.92 |
| Asset turnover | 0.53 | 0.58 | 0.88 | 0.51 | 0.38 | 0.39 | 0.38 | 0.39 | 0.38 | 0.36 |
| Average receivables | $40.1M | $51.9M | $44.9M | $28.9M | $24.9M | $23.3M | $25.2M | $21.1M | $17.3M | $14.8M |
| Average payables | $9.3M | $10.3M | $10.0M | $5.6M | $2.8M | $3.1M | $4.0M | $3.3M | $3.5M | $4.9M |
| Average inventory | $6.3M | $7.5M | $5.9M | $4.1M | $2.9M | $3.3M | $2.8M | $2.0M | $2.0M | $2.1M |
| Intangibles / total assets | 5.8% | 6.4% | 7.4% | 6.9% | 7.8% | 9.7% | 9.6% | 5.7% | 7.3% | 9.2% |
Computed from CWCO's annual financial statements (latest annual report filed March 16, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CWCO valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Consolidated Water traded at 30.8 times earnings, against a 10-year median of 30.8. Based on the latest twelve months, the trailing P/E is 27.7 and the forward P/E is 21.0. Consolidated Water earned a return on equity of 8.5% and a return on invested capital of 15.3% in fiscal 2025. It ended the year with $3.0 million of debt and $123.8 million in cash and short-term investments, a net cash position of $120.8 million. It returned $8.0 million to shareholders: $8.0 million in dividends and $0.0 million in share buybacks, 24% of free cash flow. The share count rose 7.1% from 14.9M to 16.0M over 9 years.
See the CWCO income statement, the CWCO chart for price history, or the CWCO stock overview for the latest quote and news.
CWCO key metrics FAQ
What is Consolidated Water's P/E ratio?
Consolidated Water's trailing P/E ratio is 27.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 21.0. At the end of fiscal 2025 it was 30.8, compared with a 10-year median of 30.8.
What is Consolidated Water's EV/EBITDA?
Consolidated Water's enterprise value was 15.3 times EBITDA at the end of fiscal 2025 (enterprise value $444.2 million, EBITDA $29.0 million); the current EV/EBITDA is 12.4.
What is Consolidated Water's return on equity?
Consolidated Water's return on equity (ROE) was 8.5% in fiscal 2025: net income of $18.3 million on average shareholders' equity of $215.8 million.
What is Consolidated Water's ROIC?
Consolidated Water's return on invested capital was 15.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Consolidated Water have?
Consolidated Water had total debt of $3.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.01 and more cash than debt.
What is Consolidated Water's dividend yield?
Consolidated Water's forward dividend yield is 1.98%. Consolidated Water paid $8.0 million in dividends in fiscal 2025 ($0.50 per share), a payout ratio of 43.4%.
Does Consolidated Water buy back its shares?
Yes. Consolidated Water spent $0.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.5% over the year, to 16.0M..
What is Consolidated Water's free cash flow yield?
Consolidated Water generated $33.2 million of free cash flow in fiscal 2025, a free cash flow yield of 5.9% on its market value at year-end ($564.9 million).
What is Consolidated Water's current ratio?
Consolidated Water's current ratio was 6.12 at the end of fiscal 2025: current assets were 6.12 times current liabilities.