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Companies / Utilities / Consolidated Water Co. Ltd.
CWCO

Consolidated Water Co. Ltd.

UtilitiesElectric, Gas & Water
Ticker CWCOGRAND CAYMANFiscal year ends DecemberBook value per share $14.01Diluted shares 16.1M

Consolidated Water Co. Ltd. (Nasdaq: CWCO) provides water production, treatment, reuse and related services in the Cayman Islands, The Bahamas, the United States and the British Virgin Islands. It produces potable water from seawater using reverse osmosis and sells it directly to residential, commercial and government… From the company’s description.

Over the twelve months to Jun 30, 2026, Consolidated Water Co. Ltd. reported revenue of $127.61M, down 1.2% from a year earlier, and net income of $16.78M. Its operating margin was 12.3%, and operations generated $39.76M in cash. In fiscal 2025, it reported revenue of $132.07M, down 1.4% from fiscal 2024, and net income of $18.93M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$132.07MFY2025
−1.4% year over year
Last 12 mo $127.61M
13.90%FY2025
+0.3 percentage points
Last 12 mo 12.26%
$18.93MFY2025
−34.3% year over year
Last 12 mo $16.78M
8.27%FY2025
−5.2 percentage points
Last 12 mo 7.16%
Cash & financing
$41.71MFY2025
+14.2% year over year
Last 12 mo $39.76M
$33.17MFY2025
+11.2% year over year
Last 12 mo $30.24M
0.00FY2025
Was 0.00× a year earlier
Last 12 mo 0.00
16.0MFY2025
+0.5% year over year
Last 12 mo 16.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Consolidated Water Co. Ltd. does

In the company’s own words

Consolidated Water Co. Ltd. (Nasdaq: CWCO) provides water production, treatment, reuse and related services in the Cayman Islands, The Bahamas, the United States and the British Virgin Islands. It produces potable water from seawater using reverse osmosis and sells it directly to residential, commercial and government customers in parts of Grand Cayman, and in bulk to government-owned utilities in the Cayman Islands and The Bahamas. Its services include designing, constructing, operating and managing water, wastewater and reuse infrastructure, as well as water-related consulting; it also manufactures and services specialized water-treatment equipment and systems for municipal, commercial and industrial customers. The company reports four operating segments: retail water, bulk water, services and manufacturing, which accounted for approximately 26%, 25%, 35% and 14% of 2025 revenue, respectively. Its manufacturing business includes Aerex, while services include PERC and REC in the United States and DesalCo in the Caribbean. At year-end 2025, it and its affiliate operated 10 water production plants with combined capacity of 27.2 million gallons per day and managed 97 U.S. water-treatment plants. Its website is http://www.cwco.com.

Company details
Sector
Utilities
Industry (SIC)
Electric, Gas & Water
Headquarters
GRAND CAYMAN
Fiscal year end
December
CIK
928340
SIC
4941

Financial performance, year by year

Fiscal 2011–2025 · USD
$-18.02M$36.04M$90.11M$144.17M$198.23M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Consolidated Water Co. Ltd. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

59
funds hold it
0 of 35
superinvestors hold it
$49.12M
held by funds, at market
10.2%
of shares held by funds

Largest fund holders · Consolidated Water Co. Ltd.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Heartland Value Fund
HRTVX · HEARTLAND GROUP INC.
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets
Invesco S&P Global Water Index ETF
CGW · Invesco Exchange-Traded Fund Trust II
—of fund net assets
VANGUARD UTILITIES INDEX FUND
VPU · VANGUARD WORLD FUND
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Consolidated Water Co. Ltd. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Consolidated Water Co. Ltd.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Consolidated Water Co. Ltd.'s last four quarterly filings that the numbers alone won't show?”
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