Global Water Resources, Inc. (GWRS) Key Metrics
GWRS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $230.1M
- Enterprise value
- $384.8M
- P/E (TTM)
- 79.9 10-yr median 67.0
- Forward P/E
- 62.1
- PEG ratio
- 2.89
- Price / sales
- 3.8 10-yr median 5.9
- Price / book
- 2.7 10-yr median 8.8
- EV / EBITDA
- 14.0 10-yr median 20.3
- Dividend yield
- 3.75% $0.30 a year
- Beta
- 0.94
GWRS key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsGWRS valuation Price multiples at each fiscal year-end price.
GWRS returns How much profit the business earns on the capital it uses.
GWRS per-share figures Results divided by the shares outstanding at year-end.
GWRS financial health Debt, liquidity and how easily interest is covered.
GWRS efficiency & capital use Working capital cycle and where the cash goes.
GWRS valuation history
GWRS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GWRS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GWRS cash returned to shareholders
GWRS price vs earnings per share
GWRS key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $228.8M | $279.5M | $315.6M | $309.9M | $391.6M | $325.3M | $283.1M | $207.9M | $183.5M | $174.2M |
| Enterprise value | $363.0M | $395.2M | $421.4M | $414.2M | $491.9M | $422.0M | $390.4M | $309.7M | $292.6M | $268.1M |
| P/E ratio | 77.4 | 48.3 | 39.5 | 56.3 | 108.5 | 294.4 | 127.3 | 67.0 | 40.3 | — |
| Price / sales | 4.1 | 5.3 | 6.0 | 6.9 | 9.3 | 8.4 | 8.0 | 5.9 | 5.9 | 5.8 |
| Price / book | 2.6 | 5.9 | 6.5 | 7.0 | 13.0 | 10.1 | 11.5 | 7.5 | 12.3 | 11.6 |
| Price / free cash flow | — | — | 102.4 | — | 183.4 | 59.9 | 747.1 | 31.9 | — | — |
| Price / operating cash flow | 11.3 | 12.8 | 12.4 | 13.3 | 19.2 | 22.3 | 24.5 | 18.4 | 16.4 | 91.9 |
| EV / sales | 6.5 | 7.5 | 7.9 | 9.3 | 11.7 | 10.9 | 11.0 | 8.7 | 9.4 | 9.0 |
| EV / EBITDA | 14.6 | 14.8 | 15.3 | 20.2 | 25.3 | 25.9 | 25.5 | 18.5 | 20.5 | 22.2 |
| EV / free cash flow | — | — | 136.8 | — | 230.3 | 77.6 | — | 47.5 | — | — |
| Earnings yield | 1.3% | 2.1% | 2.5% | 1.8% | 0.9% | 0.3% | 0.8% | 1.5% | 2.5% | −1.4% |
| Free cash flow yield | −20.6% | −3.8% | 1.0% | −3.4% | 0.5% | 1.7% | 0.1% | 3.1% | −5.3% | −3.8% |
| Dividend yield | 3.6% | 2.6% | 2.3% | 2.2% | 1.7% | 2.0% | 2.2% | 2.8% | 2.9% | 2.9% |
| Shareholder yield (dividends + buybacks) | 3.6% | 2.7% | 2.4% | 2.2% | 1.7% | 2.0% | 2.2% | 2.8% | 2.9% | 2.9% |
| Share price at fiscal year-end | $8.45 | $11.50 | $13.08 | $13.28 | $17.10 | $14.41 | $13.15 | $10.14 | $9.34 | $9.10 |
| Per share | ||||||||||
| Revenue per share | $2.06 | $2.17 | $2.20 | $1.92 | $1.83 | $1.71 | $1.65 | $1.73 | $1.59 | $1.56 |
| Earnings per share | $0.11 | $0.24 | $0.33 | $0.24 | $0.16 | $0.05 | $0.10 | $0.15 | $0.23 | −$0.13 |
| Operating cash flow per share | $0.74 | $0.90 | $1.05 | $1.00 | $0.89 | $0.65 | $0.54 | $0.55 | $0.57 | $0.10 |
| Free cash flow per share | −$1.74 | −$0.43 | $0.13 | −$0.46 | $0.09 | $0.24 | $0.02 | $0.32 | −$0.50 | −$0.35 |
| Cash per share | $0.15 | $0.37 | $0.13 | $0.28 | $0.55 | $0.80 | $0.35 | $0.62 | $0.27 | $1.07 |
| Book value per share | $3.20 | $1.96 | $2.01 | $1.90 | $1.31 | $1.43 | $1.15 | $1.36 | $0.76 | $0.78 |
| Tangible book value per share | $2.73 | $1.22 | $1.20 | $1.26 | $0.61 | $0.73 | $0.36 | $0.60 | $0.11 | $0.12 |
| Dividends per share | $0.30 | $0.30 | $0.30 | $0.30 | $0.29 | $0.29 | $0.29 | $0.28 | $0.27 | $0.26 |
| Capex per share | $2.49 | $1.33 | $0.92 | $1.46 | $0.80 | $0.40 | $0.52 | $0.23 | $1.06 | $0.45 |
| Debt per share | $5.11 | $5.13 | $4.51 | $4.75 | $4.93 | $5.08 | $5.33 | $5.59 | $5.82 | $5.97 |
| Shares outstanding | 27.1M | 24.3M | 24.1M | 23.3M | 22.9M | 22.6M | 21.5M | 20.5M | 19.6M | 19.1M |
| Change in shares outstanding | +11.4% | +0.7% | +3.4% | +1.9% | +1.5% | +4.8% | +5.0% | +4.4% | +2.6% | +4.6% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 4.4% | 12.0% | 17.2% | 14.8% | 11.6% | 3.9% | 8.5% | 14.5% | 30.5% | −14.3% |
| Return on invested capital (ROIC) | 2.8% | 4.3% | 6.0% | 4.8% | 4.1% | 3.3% | 3.5% | 4.6% | 6.3% | 4.1% |
| Return on assets (ROA) | 0.7% | 1.5% | 2.3% | 1.8% | 1.2% | 0.4% | 0.8% | 1.2% | 1.9% | −1.1% |
| Return on tangible assets | 0.6% | 1.5% | 2.3% | 1.8% | 1.3% | 0.4% | 0.9% | 1.3% | 2.0% | −1.1% |
| Free cash flow margin | −84.6% | −20.0% | 5.8% | −23.8% | 5.1% | 14.1% | 1.1% | 18.4% | −31.2% | −22.5% |
| Income quality (OCF / net income) | 6.82 | 3.76 | 3.18 | 4.24 | 5.65 | 13.18 | 5.20 | 3.64 | 2.45 | — |
| Financial health | ||||||||||
| Total debt | $138.3M | $124.8M | $108.9M | $110.9M | $112.9M | $114.7M | $114.8M | $114.6M | $114.4M | $114.3M |
| Cash & short-term investments | $4.1M | $9.0M | $3.1M | $6.6M | $12.6M | $18.0M | $7.5M | $12.8M | $5.2M | $20.5M |
| Net debt | $134.2M | $115.7M | $105.8M | $104.3M | $100.3M | $96.7M | $107.3M | $101.8M | $109.1M | $93.8M |
| Debt / equity | 1.60 | 2.62 | 2.24 | 2.50 | 3.76 | 3.56 | 4.65 | 4.11 | 7.70 | 7.63 |
| Debt / assets | 0.29 | 0.31 | 0.30 | 0.34 | 0.38 | 0.40 | 0.43 | 0.44 | 0.48 | 0.48 |
| Net debt / EBITDA | 5.38 | 4.34 | 3.85 | 5.08 | 5.16 | 5.94 | 7.00 | 6.08 | 7.66 | 7.76 |
| Current ratio | 0.76 | 0.87 | 0.82 | 0.87 | 1.12 | 1.89 | 1.22 | 1.81 | 1.08 | 2.27 |
| Quick ratio | 0.76 | 0.87 | 1.23 | 0.87 | 1.12 | 1.89 | 1.22 | 1.81 | 1.08 | 2.27 |
| Interest coverage | 1.2 | 1.5 | 2.5 | 1.6 | 1.3 | 1.4 | 1.3 | 1.8 | 1.4 | 0.5 |
| Working capital | −$4.6M | −$2.8M | −$2.5M | −$2.1M | $2.1M | $11.1M | $2.2M | $7.8M | $689,000 | $13.8M |
| Invested capital | $220.8M | $163.3M | $154.4M | $148.7M | $130.3M | $128.8M | $131.9M | $129.7M | $124.0M | $108.8M |
| Tangible asset value | $74.0M | $29.7M | $29.0M | $29.3M | $14.0M | $16.4M | $7.7M | $12.3M | $2.1M | $2.4M |
| Net current asset value | −$381.7M | −$338.1M | −$300.8M | −$264.5M | −$245.1M | −$227.8M | −$229.1M | −$217.3M | −$214.0M | −$198.9M |
| Graham number | $2.80 | $3.24 | $3.87 | $3.18 | $2.16 | $1.25 | $1.63 | $2.15 | $1.99 | — |
| Graham net-net per share | −$14.27 | −$14.06 | −$12.85 | −$11.42 | −$10.82 | −$10.17 | −$10.72 | −$10.67 | −$10.98 | −$10.48 |
| Capital allocation | ||||||||||
| Dividends paid | $8.2M | $7.3M | $7.2M | $6.9M | $6.6M | $6.5M | $6.2M | $5.8M | $5.4M | $5.0M |
| Share buybacks (net) | — | $265,000 | $373,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | 277.3% | 126.1% | 90.0% | 125.1% | 183.1% | 591.8% | 277.2% | 186.6% | 118.6% | — |
| Dividends + buybacks / free cash flow | — | — | 245.3% | — | 309.4% | 120.3% | — | 88.8% | — | — |
| Capex / revenue | 120.7% | 61.3% | 42.1% | 76.0% | 43.5% | 23.6% | 31.5% | 13.5% | 66.9% | 28.8% |
| Capex / operating cash flow | 333.8% | 148.4% | 87.9% | 145.6% | 89.5% | 62.7% | 96.7% | 42.3% | 187.2% | 453.2% |
| Capex / depreciation | 4.49 | 2.54 | 1.90 | 3.18 | 1.92 | 1.01 | 1.34 | 0.64 | 3.02 | 1.37 |
| Stock-based compensation / revenue | 1.5% | 2.0% | 2.5% | 2.0% | 6.9% | 8.5% | 5.8% | 4.8% | 5.0% | 9.3% |
| SG&A / revenue | 32.0% | 32.0% | 32.1% | 36.1% | 36.1% | 32.9% | 31.7% | 29.7% | 30.1% | 32.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 54.6 | 40.9 | 35.9 | 50.2 | 41.2 | 41.9 | 41.1 | 39.1 | 41.8 | 40.5 |
| Days of inventory on hand | — | — | -83.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 36.2 |
| Days payables outstanding | 25.5 | 40.9 | 46.1 | 72.0 | 47.0 | 29.1 | 32.7 | 20.5 | 51.1 | 39.7 |
| Cash conversion cycle (days) | 29.0 | -0.1 | -93.6 | -21.8 | -5.8 | 12.7 | 8.5 | 18.6 | -9.3 | 37.0 |
| Receivables turnover | 6.69 | 8.93 | 10.16 | 7.27 | 8.86 | 8.72 | 8.87 | 9.33 | 8.74 | 9.02 |
| Payables turnover | 14.29 | 8.92 | 7.92 | 5.07 | 7.77 | 12.53 | 11.17 | 17.79 | 7.15 | 9.20 |
| Inventory turnover | — | — | — | 10,889,000.00 | 10,299,000.00 | 9,539,000.00 | 8,915,000.00 | 8,229,000.00 | 7,549,000.00 | 10.08 |
| Asset turnover | 0.13 | 0.14 | 0.16 | 0.14 | 0.15 | 0.14 | 0.13 | 0.14 | 0.13 | 0.13 |
| Average receivables | $8.3M | $5.9M | $5.2M | $6.2M | $4.7M | $4.4M | $4.0M | $3.8M | $3.6M | $3.3M |
| Average payables | $2.2M | $1.5M | $1.6M | $2.1M | $1.3M | $761,500 | $798,000 | $462,500 | $1.1M | $1.6M |
| Average inventory | — | — | −$2.9M | $1 | $1 | $1 | $1 | $1 | $1 | $1.4M |
| Intangibles / total assets | 2.6% | 4.4% | 5.4% | 4.7% | 5.5% | 5.6% | 6.4% | 5.9% | 5.4% | 5.3% |
Computed from GWRS's annual financial statements (latest annual report filed March 4, 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.
GWRS valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Global Water Resources traded at 77.4 times earnings, against a 10-year median of 67.0. Based on the latest twelve months, the trailing P/E is 79.9 and the forward P/E is 62.1. Global Water Resources earned a return on equity of 4.4% and a return on invested capital of 2.8% in fiscal 2025. It ended the year with $138.3 million of debt and $4.1 million in cash and short-term investments, net debt of $134.2 million. It returned $8.2 million to shareholders: $8.2 million in dividends and $0 in share buybacks. The share count rose 41.4% from 19.1M to 27.1M over 9 years.
See the GWRS income statement, the GWRS chart for price history, or the GWRS stock overview for the latest quote and news.
GWRS key metrics FAQ
What is Global Water Resources's P/E ratio?
Global Water Resources's trailing P/E ratio is 79.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 62.1. At the end of fiscal 2025 it was 77.4, compared with a 10-year median of 67.0.
What is Global Water Resources's EV/EBITDA?
Global Water Resources's enterprise value was 14.6 times EBITDA at the end of fiscal 2025 (enterprise value $363.0 million, EBITDA $24.9 million); the current EV/EBITDA is 14.0.
What is Global Water Resources's return on equity?
Global Water Resources's return on equity (ROE) was 4.4% in fiscal 2025: net income of $3.0 million on average shareholders' equity of $67.1 million.
What is Global Water Resources's ROIC?
Global Water Resources's return on invested capital was 2.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Global Water Resources have?
Global Water Resources had total debt of $138.3 million at the end of fiscal 2025, a debt-to-equity ratio of 1.60 and $134.2 million of net debt (5.38 times EBITDA).
What is Global Water Resources's dividend yield?
Global Water Resources's forward dividend yield is 3.75%. Global Water Resources paid $8.2 million in dividends in fiscal 2025 ($0.30 per share), a payout ratio of 277.3%.
What is Global Water Resources's free cash flow yield?
Global Water Resources generated -$47.2 million of free cash flow in fiscal 2025, a free cash flow yield of −20.6% on its market value at year-end ($228.8 million).
What is Global Water Resources's current ratio?
Global Water Resources's current ratio was 0.76 at the end of fiscal 2025: current assets were 0.76 times current liabilities.