Consolidated Water Co. (CWCO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Consolidated Water Co.

NasdaqGS•Utilities•Utilities - Regulated Water

$28.02-0.14(<0.01%)Market open

Market Cap

$451.21M

P/E

27.9x

P/S

3.5x

P/B

2.0x

Consolidated Water Co. Ltd., together with its subsidiaries, supplies potable water, treats wastewater and water for reuse, and provides water-related products and services in the Cayman Islands, the Bahamas, the United States, and the British Virgin Islands. It operates through Retail, Bulk, Services, and Manufacturing segments. The company produces potable water from seawater utilizing reverse osmosis technology and supplies water to end-users, including residential, commercial, and government customers, as well as government-owned utilities. It is also involved in design, construction, and sale of water production and treatment plants, as well as management and operation of water production plants, and treatment and reuse infrastructure for third parties; provision of water related consulting services; and production and supply of bulk water. In addition, the company manufactures and services a range of specialized and custom water-related products and systems applicable to commercial, municipal, and industrial water production, supply, and treatment; reverse osmosis desalination, membrane separation, and filtration equipment; and piping systems, vessels, and custom-fabricated components. Consolidated Water Co. Ltd. was incorporated in 1973 and is headquartered in Grand Cayman, the Cayman Islands.

How this company scores

GoodMetricSide Score: 74/100

Strongest: Balance Sheet & Red Flags (25/25); weakest: Growth (9/25).

Profitability16/25

Growth9/25

Balance Sheet & Red Flags25/25

Cash & Earnings Quality24/25

Strengths

Rising free cash flowLow leverageInterest easily coveredCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 27.9x5y range 10.2x – 3184.9x

Currently near its 20-quarter median.

P/S · 3.5x5y range 2.2x – 6.1x

Currently near its 20-quarter median.

P/B · 2.0x5y range 1.8x – 2.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Revenue Decline

Watch

Revenue has softened, declining in 4 quarters. Watch for further erosion.

Price & Volume

Market Cap $451.21M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $127.61M
Q. Revenue: $32.87M
TTM EBITDA: $22.69M
TTM Op. Income: $15.65M
Q. Op. Income: $3.74M
TTM Net Income: $16.16M
Q. Net Income: $3.93M
EPS: $0.25
Shares Out.: $16.00M

$127.61M in TTM revenue declined 1.2% YoY, reaching $32.87M last quarter. TTM EBITDA of $22.69M and TTM operating income of $15.65M show growth is flowing through to the bottom line. TTM net income of $16.16M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 33.4%
EBITDA Margin: 16.8%
Op. Margin: 11.4%
Net Margin: 12.0%

Op. margin of 11.4% is down 4.3% YoY — costs are rising relative to revenue. Net margin at 12.0% and gross margin of 33.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 28% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 27.9x
P/S Ratio: 3.5x
P/B Ratio: 2.0x

At 27.9x P/E, the stock trades within typical market levels. P/S of 3.5x and P/B of 2.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $262.87M
Cash: $132.63M
Long-Term Debt: $2,875
Book Value: $231.00M
D/E Ratio: 0.0
Debt/EBITDA: 0.0

With $262.87M in assets and $2,875 in long-term debt, D/E is 0.0and book value is $231.00M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $12.06M
TTM Free Cash Flow: $30.39M
FCF Margin: 23.8%
FCF / Net Income: 1.9

TTM FCF of $30.39M on $12.06M in operating cash flow. The FCF / Net Income ratio of 1.9x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 38% — an improving trend.