GWRS
Global Water Resources, Inc.
GWRS's fundamentals are weak and it looks expensive: trading at 75x earnings, above its usual 65x. Its downside scenario is more than twice its upside.
GWRS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Weak |
GWRS's revenue is currently healthy, and its profitability is stable, but its cash flow and balance sheet are under pressure.
GWRS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 43x | $3.84 | -43% |
| Fair | 65x | $5.85 | -13% |
| Current | 75x | $6.74 | — |
| Forward | 88x | $6.74 | — |
| Expensive | 157x | $14.15 | +110% |
Historical ranges are pointers, not guarantees.
GWRS's PE is in its fair range at 75x. Analysts expect earnings to fall, which would put today's price at 88x next year's earnings.
GWRS Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Strong decline | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect GWRS's revenue to grow, but its earnings and profitability to decline.
GWRS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.08 | -15% |
| Q3 2026 | $0.09 | -44% |
| Q2 2026 | $0.12 | -45% |
| Q1 2026 | $0.08 | -65% |
| Q4 2025 | $0.11 | -54% |
| Q3 2025 | $0.16 | -41% |
| Q2 2025 | $0.22 | -15% |
| Q1 2025 | $0.23 | -12% |
| Q4 2024 | $0.24 | -27% |
GWRS's earnings per share have fallen from their peak: $0.09 over the past year, against $0.33 in late 2023.
GWRS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $16.3M | +5% |
| Q2 2026 | $17.8M | +25% |
| Q1 2026 | $13.3M | +6.7% |
| Q4 2025 | $13.5M | +2.2% |
| Q3 2025 | $15.5M | +8.4% |
| Q2 2025 | $14.2M | +5.4% |
| Q1 2025 | $12.5M | +7.3% |
| Q4 2024 | $13.3M | +7.1% |
GWRS's revenue has grown year over year for eight quarters in a row: $16M last quarter, up 5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | -4.1 points |
| Q2 2026 | 25% | +7 points |
| Q1 2026 | 2.9% | -7.1 points |
| Q4 2025 | 2.6% | -7.3 points |
| Q3 2025 | 19% | -9 points |
| Q2 2025 | 18% | -2.3 points |
| Q1 2025 | 10% | -0.8 points |
| Q4 2024 | 9.9% | -3.5 points |
GWRS's operating margin was 15% last quarter, down 4.1 points from the same quarter a year ago.
GWRS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $23K | +$5.6M |
| Q2 2026 | -$2M | +$16.9M |
| Q1 2026 | -$1.8M | +$5.9M |
| Q4 2025 | -$15M | -$7.8M |
| Q3 2025 | -$5.6M | -$846K |
| Q2 2025 | -$18.8M | -$17.9M |
| Q1 2025 | -$7.7M | -435% |
| Q4 2024 | -$7.2M | -$6.2M |
GWRS has burned cash in most quarters: −$19M over the past year, against −$39M the year before.
GWRS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.8% | +508K shares |
| 1 year | +6.6% | +1.8M shares |
| 3 years | +21% | +5.1M shares |
| 5 years | +28% | +6.4M shares |
| Available history | +36% | +7.8M shares |
GWRS has 29M diluted shares, up 6.6% from a year ago.
GWRS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.0x | High |
| Q2 2026 | 5.2x | High |
| Q1 2026 | 5.9x | High |
| Q4 2025 | 5.9x | High |
| Q3 2025 | 4.8x | High |
| Q2 2025 | 4.9x | High |
| Q1 2025 | 4.1x | High |
| Q4 2024 | 5.1x | High |
GWRS's net debt is about 5.0 years of its operating earnings (EBITDA), up from 4.8 years a year ago.
GWRS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.0 | Neutral |
| Stochastic | 10.2 | Oversold |
GWRS's weekly RSI is 33 (neutral) and its Stochastic is 10 (oversold).
GWRS PE vs Utilities Sector
| Metric | GWRS | Sector median | Relative |
|---|---|---|---|
| PE | 75x | 20x | 267% above |
| PE % | 61 | 44 | 17 pts above |
GWRS is trading at 75x earnings, a 267% premium to the Utilities sector's median of 20x.
GWRS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.76 | 13% below |
| 20 week MA | $7.91 | 15% below |
| 50 week MA | $7.93 | 15% below |
| 100 week MA | $9.18 | 27% below |
| 200 week MA | $10.7 | 37% below |
GWRS is in a downtrend: it's below all five of its weekly moving averages, and 37% below its 200-week average.
GWRS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.5 | $14.6 | +7.9% |
| 2021 | $14.6 | $17.0 | +17% |
| 2022 | $17.0 | $13.4 | -21% |
| 2023 | $13.4 | $13.1 | -2.7% |
| 2024 | $13.1 | $11.5 | -12% |
| 2025 | $11.5 | $8.56 | -25% |
| 2026 YTD | $8.56 | $6.74 | -21% |
GWRS has finished four years in a row lower, and it's down 21% so far in 2026.