York Water Company Reports Mixed Q1 2025 Results

The York Water ( (YORW) ) has released its Q1 earnings. Here is a breakdown of the information The York Water presented to its investors.

The York Water Company, a public utility company listed on NASDAQ, specializes in providing water and wastewater services primarily in Pennsylvania, and is known for its long-standing history and commitment to infrastructure improvement.

In the first quarter of 2025, The York Water Company reported an increase in operating revenues to $18.456 million, reflecting a growth of $828,000 compared to the same period last year. However, the net income saw a decline, dropping by $689,000 to $3.638 million, with earnings per share decreasing by $0.05.

The revenue growth was attributed to an expanding customer base and the implementation of the Distribution System Improvement Charge, which helps fund infrastructure upgrades. Despite the revenue increase and lower pension costs, the company faced challenges from higher operational and maintenance expenses, depreciation, and interest on debt, which impacted overall profitability.

The company invested $9.3 million in capital projects during the quarter, focusing on main extensions, software upgrades, and infrastructure improvements. Looking ahead, The York Water Company plans to invest an additional $36.7 million throughout 2025 to further enhance its services and infrastructure, ensuring a reliable supply of water and proper wastewater management for its customers.

The management remains focused on strategic investments to support its growing customer base and maintain service quality, despite the financial challenges encountered in the first quarter.