Pure Cycle Corporation

Pure Cycle Corporation

PCYO
Pure Cycle CorporationUS flagNASDAQ
10.53
USD
-0.12
- -
253.62MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.08
0.08
0.05
0.02
0.05
0.29
0.86
1.08
0.72
0.96
0.61
1.19
1.08
1.4
Basic EPS, GAAP
-0.17
-0.01
-0.96
-0.06
-0.07
0.02
0.2
0.28
0.84
0.4
0.2
0.48
0.54
0.61
Free Cash Flow per Basic Share
-0.09
-0.16
-0.13
-0.08
-0.19
-0.23
-0.46
0.51
0.02
0.49
-0.42
- -
0.15
-0.04
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-3.22
-3.24
-4.2
-4.3
-4.37
-4.31
-4.1
-3.81
-2.96
-2.55
-2.35
-1.89
-1.36
-1.01
Tangible Book Value per Share
1.57
3.79
2.92
2.9
2.84
2.92
3.14
3.44
4.28
4.7
4.9
5.37
5.93
6.29
Basic Weighted Avg Shares
24
24
24
24
24
24
24
24
24
24
24
24
24
24
Sales/Revenue/Turnover
2
2
1
- -
1
7
20
26
17
23
15
29
26
34
Operating Margin (%)
-58.67
-61.51
-140.15
-482.08
-173.58
-4.44
14.73
11.36
30.77
43.89
14.21
42.59
29.4
37.67
Depreciation Expense
- -
- -
- -
- -
1
1
1
2
2
2
2
2
2
2
Net Income, GAAP
-4
- -
-23
-1
-2
- -
5
7
20
10
5
12
13
15
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
24.32
24.37
24.29
24.45
25.71
24.96
25.01
Profit Margin (%)
-223.45
-15.39
-1,932.86
-289.85
-139.35
5.96
23.63
26.11
117.43
41.82
32.22
40.4
50.25
43.66
Working Capital
4
1
38
28
26
26
15
20
26
27
23
29
20
5
LT Debt
3
4
- -
- -
- -
- -
- -
- -
- -
4
7
7
6
13
Total Equity
38
91
70
69
68
69
75
82
103
113
118
130
143
152
Return on Invested Capital (%)
- -
-1.76
- -
- -
- -
- -
- -
2.83
4.21
6.74
1.28
6.89
3.97
6.14
Return on Capital (%)
- -
-1.93
- -
- -
- -
- -
- -
-7.17
-24.93
-15.17
-9.14
-27.27
-41.78
-71.85
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Nov'26
Feb'26
May'26
ST Debt
- -
1
1
LT Borrowings
8
6
13
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
274
255
249

Working Capital

FRC

in mil. unless spec.
Nov'26
Feb'26
May'26
Total Current Assets
26
14
16
Cash, Cash Equivalents & STI
17
5
8
Accounts Receivable, Net
3
3
2
Inventories
6
6
4
Total Current Liabilities
11
10
10
Payables & Accruals
8
5
5
ST Debt
- -
1
1
Deferred Revenue
2
3
3

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.62%
11.92%
10.05%
Free Cash Flow
-377.18%
-755.42%
-5,372.86%
Net Income, GAAP
116.71%
50.93%
12.89%
Sales/Revenue/Turnover
84.75%
10.36%
-9.25%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5
3
8
13
29
2025
6
4
5
11
26
2026
9
5
8
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
- -
0.12
- -
0.48
2025
0.16
0.03
0.09
- -
0.54
2026
0.19
0.05
0.12
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Mark W. Harding
Full Time Employees
44
Sector
Utilities
Industry
Regulated Water
Address
Bldg. 1 Watkins CO United States of America 80137
IPO Date
Apr 13, 1994
Business
Pure Cycle Corporation (PCYO) operates as a water utility company focused on the development, operation, and maintenance of water distribution systems, wastewater collection systems, and recycled water systems primarily for the master planned community of Sky Ranch in Aurora, Colorado. The company provides potable water supply, wastewater treatment and disposal services, recycled water distribution, and related engineering and construction management services to residential, commercial, and industrial customers in the Denver metropolitan area; it also engages in water rights development and land sales activities. Founded in 1981 and headquartered in Denver, Colorado, Pure Cycle serves customers in Colorado with a focus on the Front Range region, including subsidiaries such as Sky Ranch Insurance Company for captive insurance needs. Core offerings include raw and potable water delivery from its 19,745 acre-feet of water rights portfolio, capacity rights in regional treatment facilities, and operations under long-term service agreements with homebuilders and municipalities. In recent developments within the last two years, Pure Cycle completed the acquisition of additional water rights and assets to expand its Sky Ranch master planned community infrastructure in 2024, announced a strategic partnership with a major homebuilder for Phase 5 development increasing residential lot commitments, secured a $15 million credit facility for capital projects in early 2025, and reported record revenue growth from new service connections amid housing demand in Colorado.

Company News

APIChatGPT
  • Pure Cycle Spotlights Sky Ranch Cash Flows, Lowry Upside at Investor Day

  • Pure Cycle Corporation (PCYO) Analyst/Investor Day Transcript

  • Pure Cycle Q3 Earnings Call Highlights

  • Pure Cycle Corporation (PCYO) Q3 2026 Earnings Call Transcript

  • Pure Cycle Announces Financial Results For the Three and Nine Months Ended May 31, 2026 and Announces a Board of Directors Transition

  • Pure Cycle Corporation Announces Dates for Q3 2026 Earnings Presentation and Announces Annual Investor Day

  • Pure Cycle Corp (PCYO) Stock Down 5.3% -- Now Undervalued? GF Score: 78/100

  • Pure Cycle Corporation (PCYO) Q2 2026 Earnings Call Transcript

  • Pure Cycle Announces Financial Results For the Three and Six Months Ended February 28, 2026

  • Pure Cycle Corporation Announces Dates for Q2 2026 Earnings Presentation

  • Pure Cycle Regains Momentum From Oil And Gas And A Clearer Strategy

  • Pure Cycle Corporation Appoints Daniel J. Roller to its Board of Directors

  • Pure Cycle Corporation (PCYO) Q1 2026 Earnings Call Transcript

  • Pure Cycle Announces Financial Results for the Three Months Ended November 30, 2025

  • Pure Cycle (NASDAQ:PCYO) Stock Passes Below 200 Day Moving Average – Here’s Why

  • Pure Cycle Corporation (PCYO) Q4 2025 Earnings Call Transcript

  • Pure Cycle Announces Financial Results For the Year Ended August 31, 2025

  • Pure Cycle Corporation Announces Dates for Year End 2025 Earnings Presentation

  • Pure Cycle Corporation (PCYO) Q3 2025 Earnings Call Transcript

  • Pure Cycle Announces Financial Results For the Three and Nine Months Ended May 31, 2025