← BackPURE CYCLE CORP · Water SupplyPCYO
Low riskNext report: Around Nov 12 (est.)
The short versionA profitable company with growing sales.
Going well
- Sales up 60% in the latest quarter vs a year ago
- Profitable, keeps 50% of sales as profit
- Brings in more cash than it spends
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 1.8% to their holdings in the quarter ending June 2026 (51 bought, 45 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$10.61-1.4% that day
- Company value
- $256M
- Share price times all shares
- Price vs profit (P/E)
- 17.4x
- You pay about $17 for each $1 of yearly profit
- Price vs sales
- 7.6x
- Company value is 7.6 times a year of sales
- Cash vs value
- 3%
- Cash as a share of company value
- Debt vs value
- 3%
- Debt as a share of company value
From PCYO's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, May '26$8.2M+60% vs a year earlier
Aug '23Tap a barMay '26
Last 12 months: $33.7M, up 23% from the 12 months before. Over 5 years, sales grew about 0.2% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.9.3%
- PassDebt under half of equityNot relying on borrowed money.0.05x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.50.3%
- MissProfitable every yearSteady profits, not one good year.8 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$13.2M
- PassShare count not growingNot diluting owners. Falling means buybacks.0.0% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.61.4%
- Revenue
- $26.1M
- -9.3% vs prior year
- 5-year growth
- +0.2%/yr
- revenue, per year
- Total debt
- $8.0M
- 0.05x equity
- Current ratio
- 2.29x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended May 31, 2026- Revenue
- $8.2M
- +60.0% YoY
- EPS
- $0.12
- vs $0.09
- Op. margin
- 25.7%
- -0.3 pts
- Gross margin
- 52.1%
- -11.3 pts
- Free cash flow
- $3.5M
- Share count
- +0.1%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.8
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.8%Institutions added 1.8% to their holdings. 51 bought, 45 sold.
Shares held by institutions13.1M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+0.1%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.1x · $14.1M debtShares outstandingLatest reported
24MNext reportAround Nov 12 (est.)Estimated from the same quarter last year
- Results filedJul 9
- Results filedApr 9
- Results filedJan 8
- Results filedNov 13, 2025
- Results filedJul 10, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.