Consolidated Water
Operates a seawater desalination utility spanning regulated retail supply, government bulk contracts, and equipment manufacturing.
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Profile
Runs a regulated retail water utility on Grand Cayman under an exclusive government license, sells bulk desalinated water to government utilities in Grand Cayman and The Bahamas, and provides water-infrastructure engineering, operations and desalination-equipment manufacturing built around that regulated core.
Runs a seawater reverse-osmosis desalination utility built from a Grand Cayman water franchise founded in 1973, structured today across a regulated retail utility, bulk water-supply contracts, infrastructure design and operations, and equipment manufacturing.
The retail utility holds the exclusive license for Grand Cayman's Seven Mile Beach and West Bay area, while bulk water moves under long-term contracts to government-owned utilities in Grand Cayman and The Bahamas. Infrastructure design, construction and plant operations concentrate in the United States, with further project delivery around the Caribbean.
Manufacturing supplies custom reverse-osmosis, membrane and filtration equipment, including components certified for nuclear-industry customers, and the business overall sells to governments and utilities rather than consumers. The retail license does not renew automatically, and bulk revenue concentrates in two government counterparties.
Company facts
Categories
Key statistics
Year to date −14.6% · Average volume (30d) 86.9K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 10, 2026Q2 FY26 | $0.20 | $0.25 | +25.0% | $30.6M | $32.9M | +7.4% | +6.88% |
| May 11, 2026Q1 FY26 | $0.27 | $0.24 | −11.1% | $31.9M | $30.0M | −6.0% | −7.67% |
| Mar 16, 2026Q4 FY25 | $0.28 | $0.19 | −32.1% | $35.5M | $29.6M | −16.5% | −9.39% |
| Nov 10, 2025Q3 FY25 | $0.24 | $0.34 | +41.7% | $35.5M | $35.1M | −1.1% | +7.70% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $33.7M | $33.6M | $35.1M | $29.6M | $30.0M | $32.9M | |
| Gross profit | $12.3M | $12.8M | $12.9M | $10.3M | $10.8M | $11.0M | |
| Operating income | $4.6M | $5.3M | $5.8M | $2.6M | $3.5M | $3.7M | |
| Net income | $4.8M | $5.1M | $5.5M | $2.9M | $3.8M | $4.2M | |
| Diluted EPS | $0.30 | $0.32 | $0.34 | $0.18 | $0.24 | $0.24 | |
| Gross margin | 36.5% | 38.2% | 36.9% | 34.7% | 36.0% | 33.4% | |
| Operating margin | 13.7% | 15.7% | 16.4% | 8.8% | 11.7% | 11.4% |
Fiscal years (4-quarter sums)FY21 $66.9M · FY22 $94.1M · FY23 $180.2M · FY24 $134.0M · FY25 $132.1M
Revenue by product · Q2 FY26
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $132.6M · Total debt $2.8M · Total assets $262.9M · Shareholders' equity $225.6M
Dividends
Raised for 28 straight years — most recently to $0.14 from $0.11 in Jul 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 1, 2026 | Jul 1 | Jul 31 | $0.14 | |
| Apr 1, 2026 | Apr 1 | Apr 30 | $0.14 | |
| Jan 2, 2026 | Jan 2 | Jan 30 | $0.14 | |
| Oct 1, 2025 | Oct 1 | Oct 31 | $0.14 | |
| Jul 1, 2025 | Jul 1 | Jul 31 | $0.14 | raised from $0.11 |
| Apr 1, 2025 | Apr 1 | Apr 30 | $0.11 | |
| Jan 2, 2025 | Jan 2 | Jan 31 | $0.11 | |
| Oct 1, 2024 | Oct 1 | Oct 31 | $0.11 | raised from $0.095 |
Ownership
Shares outstanding 16.00M · Float 15.06M · 94.1% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 1.43M | 8.93% | 13F | Aug 7, 2026 |
| Morgan Stanley | 903.9K | 5.65% | 13F | Aug 13, 2026 |
| Altravue Capital, LLC | 680.6K | 4.25% | 13F | Aug 13, 2026 |
| Vanguard Capital Management LLC | 670.0K | 4.19% | 13F | Aug 13, 2026 |
| TSP Capital Management Group, LLC | 479.2K | 2.99% | 13F | Jul 31, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 17, 2026 | Clarence B. Flowers | director | −1,900 | $30.32 |
| Mar 19, 2026 | Maria Elena Giner | director | +3,310 | $30.24 |
| Dec 3, 2025 | Wilmer F. Pergande | director | −4,299 | $33.75 |
| Dec 1, 2025 | Wilmer F. Pergande | director | −1,053 | $34.00 |
| Nov 21, 2025 | Kimberly Anne Adamson | director | +2,619 | $33.82 |
Peers
- Xylem
Post-Evoqua water-technology giant overlapping Aerex on treatment equipment.
- Tetra Tech
Municipal water & wastewater engineering firm bidding against PERC design-build.
- American States Water
ASUS runs US military-base water systems in the same DBO/O&M market as PERC.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Consolidated Water | $29.85 | +0.30% | $476.0M | 29.8 | 21.1 | 3.7 | −2.2% |
| Xylem | $112.64 | +1.19% | $25.99B | 26.5 | 18.9 | 2.8 | +1.5% |
| Tetra Tech | $36.54 | 0.00% | $9.48B | 22.0 | 21.6 | 1.9 | −19.0% |
| American States Water | $89.88 | +0.01% | $3.52B | 24.6 | 24.2 | 5.1 | +11.2% |
| Median | 24.6 | 21.6 | 2.8 | +1.5% |