York Water’s 2025 Revenue Rises $2.5M, Plans $48M in Annual Capex
York Water posted 2025 operating revenues of $77.5 million, up $2.5 million year-over-year, while net income fell 1.3% to $20.06 million, or $1.39 per share. The company invested $48.7 million in 2025 capital, replacing 54,100 feet of water main and 1,800 feet of wastewater main, and earmarked $48 million annually for 2026–27 upgrades.
1. Annual Financial Results
York Water reported operating revenues of $77,488,000 for 2025, a $2.529 million increase from 2024 driven by customer base growth and the Distribution System Improvement Charge, while net income decreased by $267,000 to $20,058,000, resulting in diluted EPS of $1.39, down $0.03 year-over-year.
2. Fourth Quarter Highlights
In the fourth quarter of 2025, operating revenues rose by $606,000 to $19,472,000 and net income increased by $25,000 to $5,167,000, with EPS steady at $0.36 as higher DSIC revenues were partially offset by increased operation and maintenance expenses, depreciation, and interest costs.
3. Capital Investment Strategy
The company invested $48.7 million in 2025 capital projects to replace 54,100 feet of water main and 1,800 feet of wastewater main, and plans roughly $48 million in annual infrastructure investments for 2026 and 2027 to support main extensions, treatment plant work, software upgrades, and routine system improvements.