PURE CYCLE CORP
Company Stats
- Market Cap
- $266.0M
- as of Sep 30, 2026
- Enterprise Value
- $250.9M
- Shares Outstanding
- 24.1M
- Free Float
- 45.4%
Income Statement
- Revenue
- $26.1M
- Operating Income
- $7.7M
- Net Income
- $13.1M
- EBITDA
- $10.0M
- Revenue Growth, 3Y
- 4.3%
- FCF Margin, 3Y Avg
- 11.6%
- FCF Margin, Worst Year
- -18.7%
Cash Flow
- Free Cash Flow
- $12.3M
- FCF Yield
- 4.6%
- Owner FCF Yield
- 4.5%
Balance Sheet
- Cash & Equivalents
- $21.9M
- Total Debt
- $6.8M
- Net Cash
- $15.1M
- EV / EBITDA
- 25.18x
Returns & Capital
- Share Repurchases
- $397,000
- SBC, 3Y Avg
- $432,667
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $26.1M | $12.3M | 47.2% |
| FY2024 | $28.7M | $1.9M | 6.4% |
| FY2023 | $14.6M | -$2.7M | -18.7% |
| FY2022 | $23.0M | $17.3M | 75.2% |
| FY2021 | $17.1M | $3.1M | 17.9% |
Annual filing data through FY ended August 31, 2025; shares and float as of October 19, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Coverage
October 6, 2026
Theme Survey
Housing and Construction Costs: Energy Warnings Grow Sharper
September 28, 2026
QBook
Stronger demand supports expansion as pricing diverges
September 18, 2026
Theme Survey
Beazer's Margin Hit Highlights Builders' Cost and Rate Strain
July 13, 2026
Filing Trends
Supreme Court ruling sparks tariff refund wave
July 9, 2026
Small-Cap Signal
Agentic AI Drives Explosive Small-Cap Infrastructure Demand
Housing and Construction Costs: Energy Warnings Grow Sharper
September 28, 2026
QBook
Stronger demand supports expansion as pricing diverges
September 18, 2026
Theme Survey
Beazer's Margin Hit Highlights Builders' Cost and Rate Strain
July 13, 2026
Filing Trends
Supreme Court ruling sparks tariff refund wave
July 9, 2026
Small-Cap Signal
Agentic AI Drives Explosive Small-Cap Infrastructure Demand