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Nov 6, 2026, 10:54 AM ETUtilities

The York Water Company — Third Quarter and Nine Months 2026 Earnings Summary

YORWYORK WATER CO
Source

Financial Performance

  • Third quarter operating revenues reached $24,333,000, an increase of $3,972,000 compared to the same period in 2025.
  • Third quarter net income was $7,809,000, up $1,608,000 year-over-year from 2025.
  • Basic and diluted earnings per share for the third quarter were $0.48, an increase of $0.05 from the prior year period.
  • First nine months operating revenues totaled $67,922,000, representing a $9,906,000 increase over the first nine months of 2025.
  • First nine months net income was $20,238,000, an increase of $5,347,000 compared to the same period in 2025.
  • Basic and diluted earnings per share for the first nine months were $1.30, up $0.27 from the prior year period.
  • Dividends declared per common share for the nine-month period were $0.6840, compared to $0.6576 in the same period of 2025.
  • Revenue growth was partially offset by higher operation and maintenance expenses, depreciation, and income taxes.

Business Segments and Product Lines

  • Revenue increases were primarily driven by rate increases effective March 1, 2026.
  • Revenue growth was also supported by an expansion in the customer base.
  • Revenue was partially offset by a reset to zero of the Distribution System Improvement Charge (DSIC), a Pennsylvania Public Utility Commission allowed charge for infrastructure replacement.
  • During the first nine months of 2026, the Company invested $36.2 million in capital projects including main extensions, wastewater treatment plant construction, and enterprise software system upgrades.
  • The Company invested $470,000 in the acquisition of two wastewater systems: CMV Sewage Co. in York County and the Pine Run Retirement Community in Adams County.

Other Key Points

  • The Company estimates an additional $11.8 million investment for the remainder of 2026, excluding acquisitions, for main extensions, software upgrades, and routine infrastructure improvements.
  • The press release includes a standard disclaimer regarding forward-looking statements and risks that could cause actual results to differ materially from expectations.
  • The Company states it undertakes no duty to update any forward-looking statements.