Global Water Resources, Inc.
GWR.TO
Toronto Stock Exchange17.84
CAD
-0.30
- -
Global Water Resources, Inc.
GWR.TO
(Toronto Stock Exchange)
Recent
price
17.84
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Global Water Resources, Inc. is a water resource management company that owns, operates, and manages regulated water, wastewater, and recycled water utilities primarily in metropolitan Phoenix and Tucson, Arizona. The company provides comprehensive water services including the supply of potable water, wastewater collection and treatment, and recycled water distribution for outdoor uses. It serves approximately 111,000 people across around 36,000 homes in strategically chosen communities including Pinal, Pima, Maricopa Counties, and municipalities such as Buckeye, Goodyear, Surprise, and Peoria. Founded in 2003 and headquartered in Phoenix, Arizona, Global Water Resources focuses on sustainable water management solutions addressing water scarcity challenges in arid regions through advanced treatment technologies, regulatory compliance, and community engagement. The company has recently expanded its service footprint and infrastructure to support growing service areas, surpassing 60,000 active connections and securing hundreds of square miles of certificated service areas for deploying its Total Water Management model. In the last 1-2 years, Global Water Resources completed acquisitions including Farmers Water Company and Las Quintas Serenas Water Company in Pima County, Arizona, and has signed agreements to acquire additional water utilities. It has also secured regulatory approvals for rate increases and service area expansions, enhanced operational scale, and announced service provision to new industrial facilities such as a Procter & Gamble manufacturing plant and Nikola’s zero-emission truck facility. These moves reflect the company’s strategic focus on growth, water security for desert communities, and sustainable utility management. Global Water Resources reported record revenues in recent fiscal years, driven by organic customer growth, strategic acquisitions, and rate adjustments, with notable increases in both water and wastewater revenue streams. The company actively pursues water recycling and conservation initiatives, achieving significant reclaimed water usage and reducing groundwater extraction compared to traditional methods. Its business model integrates advanced technologies for water treatment and distribution, emphasizing environmental stewardship and operational efficiency across its service segments. Leadership under CEO Ron Fleming reinforces the company's mission to provide safe, reliable, and sustainable water services while fostering long-term value creation for stakeholders. Global Water Resources trades on NASDAQ under the ticker symbol GWRS and operates with approximately 125 employees from its Phoenix headquarters.