CWCO · NASDAQ · Regulated Water

Consolidated Water (CWCO)

Operates a seawater desalination utility spanning regulated retail supply, government bulk contracts, and equipment manufacturing.

$28.08
vs last close−0.51 (−1.78%)
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Consolidated Water Co. Ltd.CWCO
Utilities

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

CEOFrederick W. McTaggart
ListedJan 25, 1995
ExchangeNASDAQ
HeadquartersGrand Cayman, Cayman Islands
CountryCayman Islands
Employees307
CIK0000928340
ISINKYG237731073

Market cap$457.4M
EPS (ttm)$1.00
P/E (ttm)28.59
ROE7.4%
P/B2.03
P/S3.58
Dividend yieldDiv yield1.96%
Beta0.51vs XLU 0.43

No analyst consensus on record.

Next report
Nov 9, 26
in 47 days
EPS estimate
$0.24
Revenue estimate
$32.1M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$0.09$0.31$0.32$0.34$0.19$0.24$0.25Pending
Estimate$0.28$0.22$0.20$0.24$0.28$0.27$0.20$0.24
Surprise−67.9%+40.9%+60.0%+41.7%−32.1%−11.1%+25.0%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$30.8M$33.7M$33.6M$35.1M$29.6M$30.0M$32.9MPending
Estimate$33.6M$32.3M$32.6M$35.5M$35.5M$31.9M$30.6M$32.1M
Surprise−8.3%+4.4%+3.2%−1.1%−16.5%−6.0%+7.4%
Estimate$0.24
ReportedDue Nov 9, 2026
Estimate$32.1M
ReportedDue Nov 9, 2026
View details

Debt to equity1.20%
Current ratio594.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$33.4M$28.4M$33.7M$33.6M$35.1M$29.6M$30.0M$32.9M
Net income$4.5M$1.5M$4.8M$5.1M$5.5M$2.9M$3.8M$4.2M
Net margin13.3%5.1%14.2%15.2%15.8%9.8%12.6%12.8%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$4.9M$1.1M$4.6M$5.3M$5.8M$2.6M$3.5M$3.7M
YoY growth−54.6%−91.3%−37.0%+5.4%+18.1%+141.4%−24.2%−29.1%

Balance sheet, Jun 30, 2026Cash & short-term investments $132.6M · Total debt $2.8M · Total assets $262.9M · Shareholders' equity $225.6M

Revenue
$32.9M
Operating income
$3.7M
Net income
$4.2M
View details

Dividend yield
1.96%
Next ex-date
Oct 1, 26
in 8 days
Annual dividend
$0.56
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yieldUpcoming

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Dividend$0.11$0.11$0.14$0.14$0.14$0.14$0.14$0.14
Annual yield1.59%1.74%1.53%1.47%1.52%1.69%1.90%2.00%
Ex-dateJan 2Apr 1Jul 1Oct 1Jan 2Apr 1Jul 1Oct 1
Payment dateJan 31Apr 30Jul 31Oct 31Jan 30Apr 30Jul 31Oct 30
View details

Institutions66.05%10.58M shares
166 holders · as of Jun 30, 2026
Insiders11.16%1.79M shares
17 holders · as of Sep 4, 2026
Other22.79%3.65M shares
remainder

16.01M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
8.93%1.43Mas of Jun 30, 2026
Morgan StanleyInstitution
5.64%903,915as of Jun 30, 2026
AmundiInsider
5.44%871,708filed Oct 11, 2022
Altravue Capital, LLCInstitution
4.25%680,620as of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.18%670,033as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 3, 2026Raymond Whittakerdirector−1,000$28.93
Aug 17, 2026Clarence B. Flowersdirector−1,900$30.32
Mar 19, 2026Maria Elena Ginerdirector+3,310$30.24
Dec 3, 2025Wilmer F. Pergandedirector−4,299$33.75
Dec 1, 2025Wilmer F. Pergandedirector−1,053$34.00
View details

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CompanyPriceChange
Consolidated Water$28.08−1.78%$457.4M28.619.93.6−2.2%
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