11.07
+1.75%
Close of 9 Nov 2026, in USD
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About Pure Cycle
From its filings with the US Securities and Exchange Commission
Pure Cycle is based in Watkins, Colorado and is incorporated in Colorado. Its shares trade on Nasdaq under the ticker PCYO. The SEC classifies its business as water supply. In the fiscal year to 31 August 2025, it reported revenue of $26.1m and net income of $13.1m. At that date it held total assets of $162.3m and shareholders' equity of $142.7m.
Unless otherwise specified or the context otherwise requires, any reference to “Pure Cycle,” the “Company,” “we,” “us” or “our” is to Pure Cycle Corporation and its wholly-owned subsidiaries on a consolidated basis.
We are a diversified water and wastewater service provider, land developer, and home rental company. We provide wholesale water and wastewater services in the Denver, Colorado area, develop land we own into master planned communities, and develop single-family homes for rent. Each of our businesses providing water and wastewater services, land development and single-family home rentals generates attractive recurring monthly income.
For more than 30 years, we have accumulated and continue to accumulate a portfolio of valuable water rights, land interests and single-family rental homes along the Front Range of Colorado. We have added an extensive network of wholesale water production, storage, treatment and distribution systems, and wastewater collection and treatment systems that we operate and maintain to serve domestic, commercial, and industrial customers in the eastern Denver metropolitan region. Our primary land asset, known as Sky Ranch, is in one of the most active development areas in the Denver metropolitan region along the rapidly developing I-70 corridor, where we are developing lots for residential, commercial, retail, and light industrial uses.
Quoted from its 10-K, filed 12 Nov 2025. Read the filing on SEC.gov ↗
Company facts
- Sector
- Utilities
- Industry
- Water Utilities
- Listed since
- 13 Apr 1994
- Employees
- 44
- Website
- purecyclewater.com ↗
- Head office
- 34501 E. QUINCY AVE, WATKINS, CO, 80137
- Incorporated in
- CO
- Classification
- Water Supply
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Patrick BeirneIndependent Chairman of the Board$64,497
- Mr. Mark HardingPresident, Chief Executive Officer, Director, since 1990$965,016
- Mr. Marc SpezialyChief Financial Officer, Vice President$327,500
- Ms. Wanda AbelIndependent Director$57,497
- Mr. Frederick FendelIndependent Director$58,997
- Ms. Susan HeitmannIndependent Director$61,497
- Mr. Daniel KozlowskiIndependent Director$59,497
- Mr. Daniel RollerIndependent Director
- Mr. Jeffrey SheetsIndependent Director$57,997
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 40
- Environment
- 19
- Social
- 40
- Governance
- 62
- Women in the workforce
- 12.19%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Pure Cycle Corp has a strong brand reputation in the industry.
- The company has a diverse product portfolio offering a wide range of solutions.
- Pure Cycle Corp has a robust distribution network, allowing for effective market reach.
- The company has an experienced and knowledgeable management team.
Weaknesses
- Pure Cycle Corp has limited international presence, potentially missing out on global market opportunities.
- The company heavily relies on a few key suppliers, which could lead to supply chain disruptions.
- Pure Cycle Corp's manufacturing processes might not be as efficient as competitors, affecting cost competitiveness.
Opportunities
- There is a growing demand for environmentally friendly products, providing an opportunity for Pure Cycle Corp to expand its eco-friendly offerings.
- Entering new markets and expanding internationally can help Pure Cycle Corp tap into unexplored customer segments.
- Collaborating with strategic partners can provide access to new technologies and enhance product development.
Threats
- Increasing competition in the industry poses a threat to Pure Cycle Corp's market share.
- Economic downturns or fluctuations in the industry could impact consumer spending and decrease demand for Pure Cycle Corp's products.
- Changing government regulations and policies regarding environmental standards may require additional investments and compliance efforts.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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