Filing Flows › York Water (YORW) › Q1 2025
York Water (YORW) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
York Water (YORW) reported revenue of $18.5M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -2% from the quarter before. Operating margin was 34.0%, net earnings $3.6M (19.7% of revenue).
York Water, Q1 2025: revenue $18.5M (+5% year over year), operating margin 34.0%, net earnings $3.6M, operating cash flow $6.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.5M | -2% | +5% |
| Operating profit | $6.3M | -6% | +1% |
| Net earnings | $3.6M | -29% | -16% |
| Operating cash flow | $6.0M | -41% | -2% |
What changed
Revenue was $18.5M in Q1 2025, up 5% year over year and down 2% from the previous quarter.
Operating profit was $6.3M, a 34.0% margin (down 1.2 points year over year). Of the extra revenue versus a year earlier, 8% reached operating profit, below the 35% margin then. Total costs grew 7% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+11%). Net earnings were $3.6M, down 16% year over year. The effective tax rate was 11.5%.
Operating cash flow was $6.0M (down 2% year over year), 165% of net earnings. Non-cash charges added back $3.6M of depreciation and amortization. Working capital and other items used $1.2M. Capital expenditures of $9.3M exceeded it, leaving free cash flow of −$3.3M.
Questions
What was York Water's revenue in the first quarter 2025?
York Water (YORW) reported revenue of $18.5M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -2% from the quarter before.
Was York Water profitable in the first quarter 2025?
Operating profit was $6.3M (34.0% of revenue) and net earnings $3.6M.
Source: York Water 10-Q on SEC EDGAR.