Consolidated Water Co. Ltd. (CWCO) Consolidated Water Co. Ltd. (CWCO) is a specialist in providing comprehensive water solutions, primarily engaged in developing, constructing, overseeing, and operating water production and treatment facilities. Its core operations are concentrated in the Cayman Islands, the Bahamas, and the United States. A key aspect of its business involves utilizing reverse osmosis technology to convert seawater into potable (drinkable) water. The purified water is then supplied to a diverse customer base, including individual homeowners, commercial businesses, government entities, and other government-owned distribution networks. CWCO organizes its activities into four distinct divisions: Retail, Bulk, Services, and Manufacturing. Beyond direct water supply, the company offers extensive professional services. These include the design, engineering, construction, procurement, and management of various desalination projects and water treatment plants. It also provides management and engineering expertise for municipal water distribution and treatment systems. Furthermore, CWCO manufactures and services a wide array of water-related equipment. This product line features reverse osmosis desalination units, membrane separation equipment, filtration systems, piping networks, specialized vessels, and custom-fabricated components. The associated services in this manufacturing sector encompass design, engineering, consulting, project management, inspection, training, and equipment maintenance, catering to commercial, municipal, and industrial needs across water production, supply, treatment, desalination, and wastewater treatment. Established in 1973, Consolidated Water Co. Ltd. has its corporate headquarters situated in Grand Cayman, Cayman Islands.
Sector: Water Supply
Industry: Regulated Water
Consolidated Water Co. Ltd. NASDAQ:CWCO Utilities · Regulated Water
Mkt Cap $436.19M
Div Yield 2.06%
AH Close $27.24 +0.00% vs close
AH Close $27.24 +0.00% vs close
Mkt Cap $436.19M
Div Yield 2.06%
All Press Release SEC Filings News
Press Release
Consolidated Water Sets Investor Conference Call to Discuss Third Quarter 2026 Results on Tuesday, November 10, 2026 at 11:00 a.m. ET
Consolidated Water (NASDAQ: CWCO) will hold a conference call on Tuesday, November 10, 2026 at 11:00 a.m. ET to discuss third quarter 2026 results.
Financial results will be issued via press release prior to the call, followed by a management-hosted Q&A session.
A replay will be available from November 10 through November 17, 2026 on the company's investor website.
• 19h ago AI analysis › Press Release ⚠ 2
Consolidated Water Advances Permitting for Kalaeloa Seawater Desalination Project in Hawaii
Consolidated Water received key permitting approvals for its Kalaeloa seawater desalination project on Oahu, including from the State Historic Preservation Division and the Hawaii Department of Health.
Construction is now expected to begin in the first half of 2027, delayed from the previous late-2026 expectation, though the Honolulu Board of Water Supply has granted schedule extensions and remains supportive.
In July 2026 the client issued a limited notice to proceed authorizing roughly $6 million for long-lead equipment procurement, aimed at keeping the project on track once remaining permits arrive.
The facility, contracted at 1.7 million gallons per day capacity with a 20-year operating term plus extension options, remains a long-duration revenue asset for the company.
• 5d ago AI analysis › SEC Filing ⚠ 4
CWCO: 8-K · material agreement
Consolidated Water's US subsidiary PERC Water executed a design-build agreement with the City of Pismo Beach, California for the Central Coast Blue Advanced Water Purification Facility, awarded via a public competitive procurement.
The fixed contract price is approximately $39.8 million, with PERC responsible for design, procurement, construction, commissioning, and 600 hours of staff training. The facility will produce roughly 500 acre-feet per year of purified water initially, with design provisions for a 750 acre-feet-per-year Phase 2 expansion to be negotiated separately.
Substantial Completion is required within 703 calendar days, with a deadline of September 17, 2028, and liquidated damages of $2,500 per day capped at about $2.0 million. Construction is expected to begin in spring 2027.
Key execution risks include the fixed-price structure, strict performance guarantees on water quality and delivery capacity, 5% payment retention, and a total aggregate liability cap of $14.0 million for the subsidiary.
SEC 8-K • 11d ago AI analysis › News
Consolidated Water (CWCO) Registers a Bigger Fall Than the Market: Important Facts to Note
zacks.com • 13d ago Press Release ⚠ 2
Consolidated Water Awarded $39.8 Million Design-Build Agreement for Central Coast Blue Advanced Water Purification Facility
Consolidated Water's U.S. subsidiary PERC Water won a $39.8 million design-build agreement from the City of Pismo Beach for the Central Coast Blue Advanced Water Purification Facility.
PERC Water was selected after a two-step competitive procurement against three qualified teams and will design, construct, test and support initial operations of the ~750 acre-foot-per-year facility.
The project runs roughly 24 months through design, permitting, construction and commissioning, with construction expected to begin in spring 2027, adding contracted backlog over that period.
• 14d ago AI analysis › News
Consolidated Water (CWCO) Falls More Steeply Than Broader Market: What Investors Need to Know
zacks.com • 28d ago News
Consolidated Water's 2026 Outlook: A Small-Cap Infrastructure Stock With a Solid Revenue Moat
fool.com • 28d ago News
Consolidated Water (CWCO) Registers a Bigger Fall Than the Market: Important Facts to Note
zacks.com • 1mo ago News
Why Is Consolidated Water (CWCO) Down 11.4% Since Last Earnings Report?
zacks.com • 1mo ago News
New Strong Sell Stocks for August 27th
zacks.com • 1mo ago Press Release
Consolidated Water Declares Fourth Quarter Cash Dividend
Consolidated Water's board approved a quarterly cash dividend of $0.14 per share for the fourth quarter of 2026.
The dividend is payable October 30, 2026 to shareholders of record at the close of business on October 1, 2026.
The company develops and operates water treatment and desalination facilities in the Caribbean and the United States.
• 2mo ago AI analysis › News
Consolidated Water: The Q2 Beat Does Not Change My Thesis
seekingalpha.com • 2mo ago News
CWCO Q2 Earnings Beat, Revenues Miss on Manufacturing Weakness
zacks.com • 2mo ago News
Consolidated Water Co. Ltd. (CWCO) Q2 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago News
Consolidated Water Q2 Earnings Call Highlights
marketbeat.com • 2mo ago News
Consolidated Water (CWCO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
zacks.com • 2mo ago Press Release ⚠ 4
Consolidated Water Reports Second Quarter 2026 Results
Consolidated Water reported Q2 2026 revenue of $32.9 million, a 2% year-over-year decrease, while net income from continuing operations fell to $4.0 million or $0.25 per diluted share.
The decline was primarily driven by a 49% drop in manufacturing revenue, though bulk revenue increased 20% and retail revenue remained relatively consistent.
Operational highlights included a 25-year exclusive concession in Grand Cayman and a $204 million notice to proceed for a seawater desalination project in Hawaii, alongside $10.1 million in new municipal equipment orders in Florida.
• 2mo ago AI analysis › SEC Filing ⚠ 5
CWCO: 10-Q · periodic report
Consolidated Water posted Q2 2026 revenue of $32.9 million, down 2% year over year, with net income attributable to stockholders of $3.9 million and basic EPS of $0.25 versus $0.32 a year earlier. Manufacturing revenue nearly halved to $2.7 million, while bulk revenue rose 20% to $9.9 million on higher fuel-oil cost pass-throughs.
The headline development is a new 25-year License from Cayman regulator OfReg, approved June 11, 2026 and effective August 1, 2026, covering the exclusive retail service area that generated 44% of Q2 gross profit. The new rate structure is less favorable than the old 1990 License: on a pro forma basis, revenue and operating income would have been roughly $1.9 million lower in 2025.
CW-Bahamas carries $18.8 million of receivables from the Water and Sewerage Corporation of The Bahamas, about 64% delinquent, and warns that non-collection could force it to cease revenue recognition or materially increase credit loss allowances. The company is retaining its no-material-allowance stance, citing full historical repayment and Moody's April 2026 upgrade of The Bahamas to Ba3.
The balance sheet remains a pillar of strength: $132.6 million in cash, minimal debt, $18.6 million of six-month operating cash flow, a $144.8 million contract backlog, and a dividend raised to $0.28 per share for the first half from $0.25 a year ago.
SEC 10-Q • 2mo ago AI analysis › News
Insights Into Consolidated Water (CWCO) Q2: Wall Street Projections for Key Metrics
zacks.com • 2mo ago News
Consolidated Water (CWCO) Increases Yet Falls Behind Market: What Investors Need to Know
zacks.com • 2mo ago News
Consolidated Water (CWCO) Rises Higher Than Market: Key Facts
zacks.com • 2mo ago Press Release
Consolidated Water Sets Investor Conference Call to Discuss Second Quarter 2026 Results on Tuesday, August 11, 2026 at 11:00 a.m. ET
Consolidated Water Co. Ltd. announced it will hold a conference call on Tuesday, August 11, 2026, at 11:00 a.m. ET to discuss its second quarter 2026 financial results.
The company noted that the actual financial results press release will be issued prior to the call, which will include a question-and-answer session with management.
A replay of the call will be available via the company's website and telephone following the event.
• 2mo ago AI analysis › Press Release ⚠ 1
Consolidated Water Receives Limited Notice to Proceed on Hawaii Project and Awarded Record $10.1 Million Municipal Water Treatment Equipment Order in Florida
Consolidated Water received a Limited Notice to Proceed from the Honolulu Board of Water Supply for the Kalaeloa seawater desalination facility, authorizing the release of approximately $6 million for long-lead equipment procurement.
In Florida, the company secured purchase orders totaling approximately $10.1 million for nanofiltration membrane equipment and horizontal cartridge filters, marking the largest orders to date for these product lines.
While construction start dates for the Hawaii facility remain pending due to permitting delays, the Florida orders are scheduled for delivery in November 2027.
• 3mo ago AI analysis › News
Why Consolidated Water (CWCO) Dipped More Than Broader Market Today
zacks.com • 3mo ago News
Consolidated Water (CWCO) Ascends While Market Falls: Some Facts to Note
zacks.com • 3mo ago News
Here's Why Consolidated Water (CWCO) Fell More Than Broader Market
zacks.com • 3mo ago SEC Filing ⚠ 1
CWCO: 8-K · amendment
Shareholders previously approved amendments to increase the Companys authorized share capital from CI$12.5 million to CI$25 million. The amendments also modify the Companys authority to purchase its own shares and hold them as treasury shares.
Consolidated Water Co. Ltd. filed the Amended and Restated Memorandum of Association and Articles of Association with the Cayman Islands Registrar on June 30, 2026. These amendments became effective immediately upon such filing.
SEC 8-K • 3mo ago News
Why the Market Dipped But Consolidated Water (CWCO) Gained Today
zacks.com • 4mo ago Press Release ● Major ⚠ 2
Consolidated Water Receives 25-Year Exclusive Retail Water License for Grand Cayman Operations as Tourism Momentum Continues
Consolidated Water secured a new 25-year exclusive retail water license for its Grand Cayman operations, effective August 1, 2026. The license covers the Seven Mile Beach and West Bay areas, establishing a modern regulatory framework and securing long-term exclusivity for water production and distribution.
While the new terms include a 6.5% reduction in the cost of water per gallon for customers, the deal provides stability with an annual rate adjustment mechanism. Pro forma estimates indicate revenues would have been approximately $2.1 million lower in 2024 under the new structure due to these lower rates.
The license comes amid strong tourism momentum in Grand Cayman, with March 2026 setting a record for stayover visitors and total visitation up 12.6% year over year. Management expects resilient tourism demand and potentially drier weather to support a favorable operating environment for the remainder of the year.
• 4mo ago AI analysis › SEC Filing ⚠ 2
CWCO: 8-K · material agreement
Consolidated Water Co. Ltd. announced that its subsidiary, Cayman Water Company Limited, received a new 25-year license from the Cayman Islands Utility Regulation and Competition Office (OfReg). The license authorizes the exclusive production and distribution of potable water in the Seven Mile Beach and West Bay areas effective August 1, 2026, replacing the expired 1990 License structure.
The new license establishes specific base rates ranging from CI$13.32 to CI$21.21 per 1,000 gallons depending on consumer class and usage volume. It includes an annual rate cap adjustment mechanism based on Cayman Islands CPI and US PPI, as well as provisions for the recovery of energy costs and meter rental fees.
Despite providing long-term regulatory certainty, the company estimates that the new rate structure is less favorable than historical terms. Pro forma analysis suggests revenues would have been approximately $2.1 million lower in 2024 and $1.9 million lower in 2025 under the new license compared to the prior rate structure.
SEC 8-K • 4mo ago AI analysis › News
New Strong Sell Stocks for June 24th
zacks.com • 4mo ago News
Consolidated Water (CWCO) Declines More Than Market: Some Information for Investors
zacks.com • 4mo ago News
Why Is Consolidated Water (CWCO) Down 0.6% Since Last Earnings Report?
zacks.com • 4mo ago Press Release
Consolidated Water Appoints Water Industry Veteran Sachin Chawla as Senior Vice President, Strategy and Growth
Consolidated Water appointed Sachin Chawla as Senior Vice President of Strategy and Growth, leveraging his 25+ years of water industry experience.
Chawla will oversee business development, sales, and M&A initiatives to support the company's strategic expansion plan.
The appointment coincides with operational momentum, including new U.S. contract awards in Colorado and California and the upcoming commissioning of a second Cat Island plant in The Bahamas.
• 4mo ago AI analysis › SEC Filing
CWCO: 8-K · amendment
Consolidated Water Co. Ltd. shareholders approved amendments to the company’s Memorandum and Articles of Association at its Annual General Meeting on June 1, 2026. The key change increases authorized share capital from CI$12.5 million to CI$25 million, doubling the number of authorized ordinary shares from 24.8 million to 49.8 million.
The amendments also grant the board authority to repurchase shares and hold them as treasury stock, subject to a 20% cap on issued shares. All nine director nominees were re-elected, and shareholders approved the 2027 Employee Stock Incentive Plan and ratified the selection of CBIZ CPAs P.C. as the independent auditor.
These changes provide the company with greater flexibility for future capital allocation, including potential share buybacks or new equity issuances, without requiring further shareholder approval for each transaction. The amendments will become effective upon filing with the Cayman Islands Registrar of Companies.
SEC 8-K • 4mo ago Press Release
Consolidated Water Declares Third Quarter Cash Dividend
Consolidated Water Co. Ltd declared a quarterly cash dividend of $0.14 per share for the third quarter of 2026.
The dividend is payable on July 31, 2026, to shareholders of record as of July 1, 2026.
This represents a routine maintenance of the company's existing dividend policy.
• 4mo ago AI analysis › News
Consolidated Water: Hawaii Delays Have Crushed Sentiment, But The Thesis Is Still Intact
seekingalpha.com • 5mo ago News
Consolidated Water Co. Ltd. (CWCO) Q1 2026 Earnings Call Transcript
seekingalpha.com • 5mo ago News
Consolidated Water Q1 Earnings Call Highlights
marketbeat.com • 5mo ago News
Consolidated Water Q1 Earnings Miss Estimates, Revenues Decrease Y/Y
zacks.com • 5mo ago News
Consolidated Water (CWCO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
zacks.com • 5mo ago Press Release ● Major
Consolidated Water Reports First Quarter 2026 Results
globenewswire.com • 5mo ago SEC Filing ⚠ 2
CWCO: 10-Q · periodic report
Consolidated Water Co. Ltd. reported a decrease in revenue to $29,973,700 for the quarter ended March 31, 2026, from $33,715,385 in the same period of 2025. This decline is primarily attributed to a decrease in manufacturing revenue and a reduction in the volume of water sold in the retail segment due to increased rainfall on Grand Cayman.
Net income from continuing operations for the quarter was $3,820,471, down from $4,924,110 in the same period of 2025. The decrease in net income is largely due to the decline in manufacturing revenue and the associated reduction in gross profit.
The company's cash and cash equivalents increased to $126,331,873 as of March 31, 2026, from $123,788,390 as of December 31, 2025. This increase is primarily due to the net cash provided by operating activities, which was $6,543,681 for the quarter.
The company's general and administrative expenses decreased to $7,419,068 for the quarter, from $7,723,959 in the same period of 2025. This reduction is primarily due to a decrease in professional fees and various other expenses.
SEC 10-Q • 5mo ago AI analysis › News
Gear Up for Consolidated Water (CWCO) Q1 Earnings: Wall Street Estimates for Key Metrics
zacks.com • 5mo ago News
Consolidated Water (CWCO) Surpasses Market Returns: Some Facts Worth Knowing
zacks.com • 5mo ago News
Consolidated Water (CWCO) Declines More Than Market: Some Information for Investors
zacks.com • 5mo ago Press Release ● Major
Consolidated Water Sets Investor Conference Call to Discuss First Quarter 2026 Results on Tuesday, May 12, 2026 at 11:00 a.m. ET
globenewswire.com • 5mo ago News
Consolidated Water (CWCO) Increases Despite Market Slip: Here's What You Need to Know
zacks.com • 6mo ago News
Consolidated Water Co Ltd (CWCO) Stock Up 3.3% but GF Value Says Overvalued -- GF Score: 85/100
gurufocus.com • 6mo ago News
Consolidated Water (CWCO) Stock Sinks As Market Gains: What You Should Know
zacks.com • 6mo ago News
Why Consolidated Water (CWCO) Dipped More Than Broader Market Today
zacks.com • 6mo ago News
Consolidated Water (CWCO) Increases Yet Falls Behind Market: What Investors Need to Know
zacks.com • 6mo ago News
Why Consolidated Water (CWCO) Outpaced the Stock Market Today
zacks.com • 6mo ago News
New Strong Sell Stocks for April 1st
zacks.com • 6mo ago News
Consolidated Water Q4 Earnings Call Highlights
defenseworld.net • 7mo ago News
Consolidated Water Co. Ltd. (CWCO) Q4 2025 Earnings Call Transcript
seekingalpha.com • 7mo ago News
Consolidated Water 2025 Earnings Miss Estimates, Revenues Decrease Y/Y
zacks.com • 7mo ago Press Release
Consolidated Water Reports Full Year 2025 Results
globenewswire.com • 7mo ago News
3 Utility Stocks to Protect Your Portfolio as Inflation Rises in January
zacks.com • 7mo ago Press Release ● Major
Consolidated Water Sets Investor Conference Call to Discuss Full Year 2025 Results on Tuesday, March 17, 2026 at 11:00 a.m. ET
globenewswire.com • 7mo ago Press Release
Consolidated Water to Attend the 38th Annual ROTH Conference, March 22-24, 2026
globenewswire.com • 8mo ago Press Release ● Major
Consolidated Water Declares Second Quarter Cash Dividend
globenewswire.com • 8mo ago News
4 Stocks to Watch From the Flourishing Water Supply Industry
zacks.com • 8mo ago News
Consolidated Water: Utility Stability With Project-Driven Upside
seekingalpha.com • 8mo ago News
Consolidated Water: Big Catalysts On Tap
seekingalpha.com • 8mo ago News
Consolidated Water (CWCO) Surpasses Market Returns: Some Facts Worth Knowing
zacks.com • 8mo ago Recent SEC filings with analysis