The York Water Company (YORW) Key Metrics
YORW valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $502.1M
- Enterprise value
- $690.8M
- P/E (TTM)
- 19.2 10-yr median 32.8
- Forward P/E
- 25.4
- PEG ratio
- 4.10
- Price / sales
- 6.0 10-yr median 9.6
- Price / book
- 1.7 10-yr median 3.5
- EV / EBITDA
- 14.7 10-yr median 20.2
- Dividend yield
- 2.94% $0.91 a year
- Beta
- 0.57
YORW key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsYORW valuation Price multiples at each fiscal year-end price.
YORW returns How much profit the business earns on the capital it uses.
YORW per-share figures Results divided by the shares outstanding at year-end.
YORW financial health Debt, liquidity and how easily interest is covered.
YORW efficiency & capital use Working capital cycle and where the cash goes.
YORW valuation history
YORW returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
YORW debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
YORW cash returned to shareholders
YORW price vs earnings per share
YORW key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $458.9M | $469.7M | $552.1M | $627.9M | $651.0M | $607.4M | $597.9M | $413.7M | $435.6M | $490.7M |
| Enterprise value | $691.1M | $675.3M | $732.1M | $767.3M | $797.4M | $731.0M | $698.9M | $508.1M | $533.1M | $578.3M |
| P/E ratio | 22.9 | 23.1 | 23.2 | 32.1 | 38.3 | 36.6 | 41.5 | 30.9 | 33.6 | 41.4 |
| Price / sales | 5.9 | 6.3 | 7.8 | 10.5 | 11.8 | 11.3 | 11.6 | 8.5 | 9.0 | 10.3 |
| Price / book | 1.9 | 2.0 | 2.5 | 3.0 | 4.3 | 4.2 | 4.5 | 3.3 | 3.6 | 4.3 |
| Price / free cash flow | — | — | — | — | — | — | — | 277.6 | — | 79.7 |
| Price / operating cash flow | 15.4 | 15.4 | 17.3 | 28.5 | 28.4 | 30.0 | 31.7 | 22.5 | 21.7 | 25.3 |
| EV / sales | 8.9 | 9.0 | 10.3 | 12.8 | 14.5 | 13.6 | 13.6 | 10.5 | 11.0 | 12.2 |
| EV / EBITDA | 20.6 | 15.4 | 16.7 | 21.5 | 25.3 | 23.4 | 23.7 | 18.0 | 18.2 | 19.7 |
| EV / free cash flow | — | — | — | — | — | — | — | 341.0 | — | 93.9 |
| Earnings yield | 4.4% | 4.3% | 4.3% | 3.1% | 2.6% | 2.7% | 2.4% | 3.2% | 3.0% | 2.4% |
| Free cash flow yield | −4.1% | −3.9% | −6.0% | −5.1% | −3.6% | −2.2% | −0.3% | 0.4% | −1.1% | 1.3% |
| Dividend yield | 2.8% | 2.6% | 2.1% | 1.7% | 1.5% | 1.5% | 1.5% | 2.1% | 1.9% | 1.6% |
| Shareholder yield (dividends + buybacks) | 2.8% | 2.6% | 2.1% | 1.7% | 1.5% | 1.5% | 1.5% | 2.1% | 2.2% | 1.9% |
| Share price at fiscal year-end | $31.84 | $32.72 | $38.62 | $44.98 | $49.78 | $46.60 | $46.11 | $32.06 | $33.90 | $38.20 |
| Per share | ||||||||||
| Revenue per share | $5.38 | $5.22 | $4.97 | $4.30 | $4.21 | $4.13 | $3.98 | $3.75 | $3.78 | $3.70 |
| Earnings per share | $1.39 | $1.42 | $1.66 | $1.40 | $1.30 | $1.27 | $1.11 | $1.04 | $1.01 | $0.92 |
| Operating cash flow per share | $2.07 | $2.13 | $2.23 | $1.58 | $1.76 | $1.55 | $1.46 | $1.42 | $1.57 | $1.51 |
| Free cash flow per share | −$1.31 | −$1.29 | −$2.33 | −$2.29 | −$1.79 | −$1.00 | −$0.13 | $0.12 | −$0.39 | $0.48 |
| Cash per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 |
| Book value per share | $16.68 | $16.11 | $15.47 | $14.84 | $11.67 | $10.99 | $10.35 | $9.78 | $9.29 | $8.88 |
| Tangible book value per share | $16.68 | $16.11 | $15.47 | $14.84 | $11.67 | $10.99 | $10.35 | $9.78 | $9.29 | $8.88 |
| Dividends per share | $0.88 | $0.84 | $0.81 | $0.76 | $0.75 | $0.72 | $0.69 | $0.67 | $0.64 | $0.62 |
| Capex per share | $3.38 | $3.41 | $4.57 | $3.86 | $3.55 | $2.55 | $1.58 | $1.31 | $1.95 | $1.03 |
| Debt per share | $16.11 | $14.32 | $12.59 | $9.99 | $11.19 | $9.48 | $7.79 | $7.31 | $7.59 | $7.14 |
| Shares outstanding | 14.4M | 14.4M | 14.3M | 14.0M | 13.1M | 13.0M | 13.0M | 12.9M | 12.8M | 12.8M |
| Change in shares outstanding | +0.4% | +0.4% | +2.4% | +6.7% | +0.3% | +0.5% | +0.5% | +0.4% | +0.0% | +0.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 8.5% | 9.0% | 11.1% | 10.9% | 11.5% | 12.0% | 11.1% | 10.9% | 11.1% | 10.6% |
| Return on invested capital (ROIC) | 6.1% | 6.3% | 7.5% | 7.6% | 7.8% | 8.7% | 9.0% | 8.7% | 8.0% | 7.8% |
| Return on assets (ROA) | 3.1% | 3.3% | 4.3% | 4.0% | 3.9% | 4.3% | 4.1% | 4.0% | 4.0% | 3.7% |
| Return on tangible assets | 2.9% | 3.2% | 4.0% | 3.8% | 3.7% | 4.1% | 4.0% | 3.9% | 3.9% | 3.7% |
| Free cash flow margin | −24.3% | −24.6% | −47.0% | −53.1% | −42.5% | −24.3% | −3.2% | 3.1% | −10.2% | 12.9% |
| Income quality (OCF / net income) | 1.49 | 1.50 | 1.34 | 1.12 | 1.35 | 1.22 | 1.31 | 1.37 | 1.55 | 1.63 |
| Financial health | ||||||||||
| Total debt | $232.2M | $205.6M | $180.0M | $139.5M | $146.4M | $123.6M | $101.0M | $94.4M | $97.5M | $91.8M |
| Cash & short-term investments | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $2,000 | $2,000 | $2,000 | $2,000 | $4.2M |
| Net debt | $232.2M | $205.6M | $180.0M | $139.5M | $146.4M | $123.6M | $101.0M | $94.4M | $97.5M | $87.5M |
| Debt / equity | 0.97 | 0.89 | 0.81 | 0.67 | 0.96 | 0.86 | 0.75 | 0.75 | 0.82 | 0.80 |
| Debt / assets | 0.34 | 0.32 | 0.31 | 0.27 | 0.32 | 0.30 | 0.28 | 0.27 | 0.29 | 0.29 |
| Net debt / EBITDA | 6.94 | 4.69 | 4.11 | 3.90 | 4.64 | 3.95 | 3.43 | 3.34 | 3.33 | 2.99 |
| Current ratio | 0.67 | 0.90 | 0.86 | 0.84 | 0.56 | 1.36 | 0.62 | 0.83 | 0.94 | 1.54 |
| Quick ratio | 0.55 | 0.71 | 0.69 | 0.70 | 0.47 | 1.27 | 0.55 | 0.75 | 0.84 | 1.45 |
| Interest coverage | 2.8 | 3.1 | 4.2 | 4.8 | 4.7 | 5.2 | 4.6 | 4.1 | 4.2 | 4.3 |
| Working capital | −$9.2M | −$1.8M | −$2.6M | −$2.7M | −$8.8M | $4.3M | −$5.8M | −$1.8M | −$534,000 | $4.4M |
| Invested capital | $472.6M | $436.8M | $401.2M | $346.6M | $299.0M | $266.8M | $235.2M | $220.6M | $216.9M | $201.6M |
| Tangible asset value | $240.3M | $231.2M | $221.2M | $207.2M | $152.6M | $143.3M | $134.2M | $126.2M | $119.4M | $114.1M |
| Net current asset value | −$422.1M | −$385.8M | −$351.4M | −$289.2M | −$295.0M | −$247.4M | −$220.0M | −$209.9M | −$204.0M | −$193.8M |
| Graham number | $22.85 | $22.65 | $24.05 | $21.64 | $18.47 | $17.74 | $16.08 | $15.10 | $14.53 | $13.57 |
| Graham net-net per share | −$29.75 | −$27.31 | −$24.95 | −$21.07 | −$22.87 | −$19.69 | −$17.23 | −$16.51 | −$16.10 | −$15.30 |
| Capital allocation | ||||||||||
| Dividends paid | $12.6M | $12.1M | $11.6M | $10.7M | $9.8M | $9.4M | $9.0M | $8.6M | $8.2M | $8.0M |
| Share buybacks (net) | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $1.3M | $1.3M |
| Dividend payout ratio | 62.9% | 59.5% | 48.8% | 54.5% | 57.7% | 56.6% | 62.4% | 64.2% | 63.4% | 67.2% |
| Dividends + buybacks / free cash flow | — | — | — | — | — | — | — | 576.0% | — | 151.0% |
| Capex / revenue | 62.9% | 65.4% | 91.9% | 89.8% | 84.2% | 61.8% | 39.8% | 34.9% | 51.6% | 27.8% |
| Capex / operating cash flow | 163.2% | 160.4% | 204.5% | 244.9% | 202.1% | 164.6% | 108.8% | 91.9% | 124.7% | 68.2% |
| Capex / depreciation | 3.42 | 3.78 | 5.56 | 5.32 | 5.24 | 4.07 | 2.67 | 2.41 | 3.70 | 2.06 |
| Stock-based compensation / revenue | 0.3% | 0.3% | 0.4% | 0.5% | 0.4% | 0.3% | 0.3% | 0.2% | 0.1% | 0.0% |
| SG&A / revenue | 16.6% | 16.8% | 16.9% | 16.5% | 17.7% | 17.2% | 16.5% | 16.7% | 19.2% | 19.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 58.6 | 56.2 | 57.9 | 58.3 | 56.5 | 54.2 | 51.2 | 53.7 | 52.6 | 54.5 |
| Days of inventory on hand | 35.3 | 60.5 | 57.2 | 54.9 | 45.2 | 34.1 | 33.1 | 33.6 | 33.9 | 34.5 |
| Days payables outstanding | 93.4 | 189.3 | 227.5 | 225.7 | 204.6 | 169.1 | 113.9 | 116.4 | 139.7 | 123.6 |
| Cash conversion cycle (days) | 0.5 | -72.5 | -112.4 | -112.5 | -102.9 | -80.8 | -29.6 | -29.1 | -53.1 | -34.7 |
| Receivables turnover | 6.22 | 6.49 | 6.31 | 6.26 | 6.46 | 6.73 | 7.12 | 6.80 | 6.93 | 6.70 |
| Payables turnover | 3.91 | 1.93 | 1.60 | 1.62 | 1.78 | 2.16 | 3.20 | 3.14 | 2.61 | 2.95 |
| Inventory turnover | 10.35 | 6.03 | 6.38 | 6.65 | 8.08 | 10.69 | 11.03 | 10.85 | 10.76 | 10.59 |
| Asset turnover | 0.12 | 0.12 | 0.13 | 0.12 | 0.13 | 0.14 | 0.15 | 0.14 | 0.15 | 0.15 |
| Average receivables | $12.4M | $11.5M | $11.3M | $9.6M | $8.5M | $8.0M | $7.2M | $7.1M | $7.0M | $7.1M |
| Average payables | $9.0M | $10.2M | $10.8M | $8.7M | $6.6M | $5.0M | $3.2M | $3.1M | $3.4M | $2.7M |
| Average inventory | $3.4M | $3.3M | $2.7M | $2.1M | $1.5M | $1.0M | $941,500 | $891,000 | $826,000 | $758,500 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from YORW's annual financial statements (latest annual report filed March 3, 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.
YORW valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), York Water traded at 22.9 times earnings, against a 10-year median of 32.8. Based on the latest twelve months, the trailing P/E is 19.2 and the forward P/E is 25.4. York Water earned a return on equity of 8.5% and a return on invested capital of 6.1% in fiscal 2025. It ended the year with $232.2 million of debt and $0.0 million in cash and short-term investments, net debt of $232.2 million. It returned $12.6 million to shareholders: $12.6 million in dividends and $0 in share buybacks. The share count rose 12.2% from 12.8M to 14.4M over 9 years.
See the YORW income statement, the YORW chart for price history, or the YORW stock overview for the latest quote and news.
YORW key metrics FAQ
What is York Water's P/E ratio?
York Water's trailing P/E ratio is 19.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 25.4. At the end of fiscal 2025 it was 22.9, compared with a 10-year median of 32.8.
What is York Water's EV/EBITDA?
York Water's enterprise value was 20.6 times EBITDA at the end of fiscal 2025 (enterprise value $691.1 million, EBITDA $33.5 million); the current EV/EBITDA is 14.7.
What is York Water's return on equity?
York Water's return on equity (ROE) was 8.5% in fiscal 2025: net income of $20.1 million on average shareholders' equity of $235.8 million.
What is York Water's ROIC?
York Water's return on invested capital was 6.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does York Water have?
York Water had total debt of $232.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.97 and $232.2 million of net debt (6.94 times EBITDA).
What is York Water's dividend yield?
York Water's forward dividend yield is 2.94%. York Water paid $12.6 million in dividends in fiscal 2025 ($0.88 per share), a payout ratio of 62.9%.
What is York Water's free cash flow yield?
York Water generated -$18.9 million of free cash flow in fiscal 2025, a free cash flow yield of −4.1% on its market value at year-end ($458.9 million).
What is York Water's current ratio?
York Water's current ratio was 0.67 at the end of fiscal 2025: current assets were 0.67 times current liabilities.