Return on Tangible Equity (Annual)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Pure Cycle Corporation (PCYO) had Return on Tangible Equity of 9.18% for the most recently reported fiscal year, ending 2025-08-31.

Quarterly Annual

Figures for fiscal year ending 2025-08-31

Income Statement Financials
Revenue	$26.09M
Net Income	$13.11M
Cost of Goods Sold	$10.06M
Gross Profit	$16.03M
Operating Expenses	$18.42M
Operating Income	$7.67M
Non-Operating Income/Expense	$9.80M
Pre-Tax Income	$17.47M
Normalized Pre-Tax Income	$17.47M
Income after Taxes	$13.11M
Income from Continuous Operations	$13.11M
Consolidated Net Income/Loss	$13.11M
Normalized Income after Taxes	$13.11M
EBIT	$7.67M
EBITDA	$9.97M
Weighted-Average Shares Outstanding (Basic)	24.08M
Weighted-Average Shares Outstanding (Diluted)	24.17M
Earnings per Share (EPS) (Basic)	$0.54
Earnings per Share (EPS) (Diluted)	$0.54
Balance Sheet Financials
Current Assets	$31.65M
Property, Plant, and Equipment	--
Long-Term Assets	$130.63M
Total Assets	$162.28M
Current Liabilities	$11.62M
Long-Term Debt	$6.38M
Long-Term Liabilities	$7.92M
Total Liabilities	$19.54M
Common Equity	$142.74M
Tangible Shareholders Equity	$142.74M
Shareholders Equity	$142.74M
Common Shares Outstanding	24.07M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$13.16M
Cash Flow from Investing Activities	$-9.65M
Cash Flow from Financial Activities	$-0.49M
Beginning Cash	$25.36M
End Cash	$28.38M
Increase/Decrease in Cash	$3.02M
Stock-Based Compensation	$0.32M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.72
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.04
Debt to Equity Ratio	0.05
Gross Margin	61.45%
Operating Margin	29.40%
EBIT Margin	29.40%
EBITDA Margin	38.21%
Pre-Tax Profit Margin	66.97%
Profit Margin	50.25%
Free Cash Flow	$11.63M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.16
Inventory Turnover	1.36
Receiveable Turnover	19.61
Days Sales in Receivables	18.61
Return on Equity	9.18%
Return on Tangible Equity	9.18%
Return on Assets	8.08%
Return on Investments	8.79%
Book Value Per Share	$5.93
Free Cash Flow per Share	$0.48
Operating Cash Flow per Share	$0.54

Data from Zacks Investment Research, Inc.