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Pure Cycle PCYO Debt-to-equity

Debt-to-equity at other companies

Global Water Resources logo
Global Water ResourcesGWRS
1.6×0.0×
York Water logo
York WaterYORW
+0.1×
Artesian Resources logo
Artesian ResourcesARTNA
0.7×0.0×
California Water Service Group logo
California Water Service GroupCWT
+0.2×
Middlesex Water Company logo
Middlesex Water CompanyMSEX
0.8×-0.8×
AWR
American States WaterAWR
0.7×0.0×

Other financials

Income statement

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Revenue$5.2M+29.4%
Gross profit$2.8M+82.3%
Operating income$263.0K+120%
Net income$1.1M+36.6%
EPS (diluted)$0.05+66.7%

Balance sheet

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Cash & equivalents$4.8M-70.8%
Total debt$8.0M+15.1%
Total equity$148.7M+10.6%
Total assets$166.6M+11.3%

Cash flow

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Operating cash flow-$4.2M
CapEx$303.0K+2,425%
Free cash flow-$4.5M

Valuation

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Market cap$258.15M+3.7%

Where this comes from

Calculated from Pure Cycle’s reported figures.

Based on the most recent quarter.

The official record: Pure Cycle’s 10-Q, filed April 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Pure Cycle's debt-to-equity?
Pure Cycle (PCYO) reported debt-to-equity of 0.1× in Q4 2025.
How has Pure Cycle's debt-to-equity changed year-over-year?
Pure Cycle's debt-to-equity increased by 4.1% year-over-year, from 0.1× to 0.1×.
What is the long-term trend for Pure Cycle's debt-to-equity?
Over 4 years (2021 to 2025), Pure Cycle's debt-to-equity has grown at a 151.1% compound annual growth rate (CAGR), from 0× to 0×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.