York Water Co
yorkwater.comYork Water Co (NASDAQ: YORW) is a regulated water and wastewater utility company that provides water distribution and wastewater collection and treatment services in south-central Pennsylvania. Revenue is derived from water and wastewater service charges set by state regulators, making profitability largely dependent on water revenues as noted in the FY2025 10-K filed 2026-03-03. The Company is the oldest continuously operated investor-owned water utility in the United States, in operation since 1816, headquartered in the City of York, Pennsylvania. It serves a geographically concentrated service territory across four counties in south-central Pennsylvania. The utility owns approximately 1,105 miles of water main lines, twelve wastewater collection and treatment systems, and three wastewater collection-only systems as of FY2025. Capital expenditures in FY2025 totaled $48,725 thousand, directed at main extensions, infrastructure replacements, and an enterprise software upgrade. With approximately 1,693 shareholders of record as of December 31, 2025, YORW is a small-cap, purely regulated utility with a rate-based revenue model governed by the Pennsylvania Public Utility Commission.
Products & Services
Potable water distribution via approximately 1,105 miles of water mains with roughly 58.7 million gallons of storage capacity (FY2025). Wastewater collection and treatment through twelve treatment facilities and three collection-only systems across four counties in south-central Pennsylvania, with a combined permitted flow capacity of 1,352,500 gallons per day (FY2025). Average daily water consumption was approximately 23.7 million gallons in 2025.
Revenue Model
Rate-based regulated utility model. Revenue is collected through water and wastewater service charges approved by state regulators. Profitability is largely dependent on water revenues, as stated in the FY2025 annual filing. The Company pursues small acquisitions and bulk water contracts to grow its customer base.
Customers & Markets
Residential, commercial, and industrial customers within a geographically limited service territory in south-central Pennsylvania. The filing references commercial and industrial business activity and residential housing construction as demand drivers. Pending acquisitions include approximately 140 water customers from Eagle View Manufactured Housing Community (expected Q2 2026) and approximately 65 wastewater customers from Margaretta Mobile Home Park (expected Q4 2026).
Geographic Exposure
Exclusively south-central Pennsylvania, across four counties. Administrative and executive offices are located in the City of York, Pennsylvania. The service territory is geographically concentrated with limited diversification, as noted in the FY2025 filing.
Financial Snapshot
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