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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) operates as a comprehensive water solutions company serving customers across the Cayman Islands, The Bahamas, the United States, and the British Virgin Islands. The company's website is www.cwco.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$132.07M
−1.4% year over year
Last 12 mo $127.61M
13.90%
+0.3 percentage points
Last 12 mo 12.26%
$18.93M
−34.3% year over year
Last 12 mo $16.78M
8.27%
−5.2 percentage points
Last 12 mo 7.16%
Cash & financing
$41.71M
+14.2% year over year
Last 12 mo $39.76M
$33.17M
+11.2% year over year
Last 12 mo $30.24M
0.00
Was 0.00× a year earlier
Last 12 mo 0.00
16.0M
+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) operates as a comprehensive water solutions company serving customers across the Cayman Islands, The Bahamas, the United States, and the British Virgin Islands. The company's website is www.cwco.com.

The company provides potable water production, water treatment infrastructure, and specialized water-related products and services through multiple operating segments. Retail water operations, representing approximately 26 percent of consolidated revenue, produce and supply potable water to residential, commercial, and government customers in the Cayman Islands under an exclusive retail license covering Seven Mile Beach and West Bay areas. Bulk water operations contribute approximately 25 percent of revenue and supply potable water produced through seawater reverse osmosis desalination to government-owned utilities in the Cayman Islands and The Bahamas. Services operations account for approximately 35 percent of revenue and encompass design, construction, and management of water production and treatment infrastructure, along with water-related consulting services. Manufacturing operations represent approximately 14 percent of revenue and involve production of specialized water treatment equipment and systems for commercial, municipal, and industrial applications.

The company operates ten water production plants across its service territories with combined capacity of 27.2 million gallons per day, and manages 97 water treatment plants in the United States with estimated capacity of 78.5 million gallons per day. The company also maintains a 43.53 percent equity interest in Ocean Conversion (BVI) Ltd., accounting for this investment using the equity method.

As of March 2026, the company employed 293 persons across its operations, with 65 employees in the Cayman Islands, 206 in the United States, 20 in The Bahamas, and two in The Netherlands. The company also managed five employees of its British Virgin Islands affiliate. The company utilizes reverse osmosis technology as its primary desalination method and employs advanced wastewater treatment technologies including membrane bioreactor systems for water reuse applications. The company maintains no collective bargaining agreements with its workforce.

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

Financial performance, year by year

Fiscal 2013–2025 · USD
$-18.02M$36.04M$90.11M$144.17M$198.23M2013201420152016201720182019202020212022202320242025Last 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.
0.57%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
0.40%of fund net assets
VANGUARD UTILITIES INDEX FUND
VPU · VANGUARD WORLD FUND
0.03%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.

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