The York Water Company Reports 3rd Quarter and Nine Months Earnings

(NASDAQ:YORW) The York Water Company announced its financial results for the third quarter and first nine months of 2026. President JT Hand reported third quarter operating revenues of $24,333,000, an increase of $3,972,000 compared to the third quarter of 2025. Net income for the third quarter was $7,809,000, up $1,608,000 from the prior year period. Basic and diluted earnings per share for the three-month period were $0.48, an increase of $0.05 compared to the same period last year. The increase in revenues was primarily due to an increase in rates effective March 1, 2026, partially offset by a reset to zero of the Distribution System Improvement Charge (DSIC), a Pennsylvania Public Utility Commission allowed charge for infrastructure replacement. Growth in the customer base also contributed to higher revenues. Increased revenue was partially offset by higher operation and maintenance expenses, depreciation, and income taxes. For the first nine months of 2026, operating revenues were $67,922,000, an increase of $9,906,000 compared to the first nine months of 2025. Net income for the nine-month period was $20,238,000, up $5,347,000 from the same period last year. Basic and diluted earnings per share for the nine-month period were $1.30, an increase of $0.27 compared to the prior year. During the first nine months of 2026, the company invested $36.2 million in capital projects, including main extensions, wastewater treatment plant construction, an upgrade to the enterprise software system, and various infrastructure replacements and improvements. The company also invested $470,000 in the acquisition of two wastewater systems: CMV Sewage Co. in York County and Pine Run Retirement Community in Adams County. The company estimates it will invest an additional $11.8 million in 2026, excluding acquisitions, for further main extensions, continued enterprise software upgrades, and routine improvements to pipes, service lines, and other facilities. For the quarter ended September 30, 2026, the average number of common shares outstanding was 16,219, and for the nine months ended September 30, 2026, it was 15,520. Dividends declared per common share were $0.2280 for the quarter and $0.6840 for the nine months, compared to $0.2192 and $0.6576, respectively, in the prior year periods.

The York Water Company Reports Three Months Earnings

The York Water Company (NASDAQ:YORW) announced its financial results for the first quarter of 2026. Operating revenues were $20,074,000, an increase of $1,618,000 compared to the first quarter of 2025, and net income was $4,814,000, up $1,176,000 year-over-year. Basic and diluted earnings per share rose to $0.33, an increase of $0.08 from the prior year. The company invested $9.8 million in capital projects and $470,000 in the acquisition of two wastewater systems during the quarter. An additional $38.1 million in investments is estimated for the remainder of 2026, excluding acquisitions.