10 Most Profitable Utility Stocks to Buy Now

3. The York Water Company (NASDAQ:YORW)

Net Profit Margin: 27.11%

The York Water Company (NASDAQ:YORW) is a public utility company based in the United States. One significant advantage of utility companies is the consistency of their operating cash flow. Its administration can predict cash flow and expenses well in advance because the demand for water and wastewater services is largely constant from year to year. The business is able to seek strategic acquisitions that improve its long-term cash flow and profitability because of this financial certainty. Its net profit margin rose 27.11%. Hence, it is one of the  Best Utility Stocks. 

The York Water Company (NASDAQ:YORW) reported $18.8 million in revenue for the fourth quarter of 2024, a 4.2% jump over the same period the previous year. The company’s net income for the period, however, decreased to $5.1 million from $6 million YoY. The company has stated that, excluding acquisitions, it will invest around $46 million in 2025 and $48.5 million in 2026 to fund major extensions. The business spent $48.2 million on construction projects over the year, which included constructing a wastewater treatment plant, repairing and strengthening the spillway at the Lake Williams dam, and performing regular maintenance and infrastructure upgrades. It also spent a total of $783,000 to buy two wastewater systems and four water systems.

The York Water Company (NASDAQ:YORW) steady dividend history is another element that contributes to its appeal as an investment. The publicly traded company has consistently paid dividends every year since its founding in 1816. Furthermore, for 28 years in a row, the business has increased its quarterly dividend.