American States Water Company

American States Water Company

AWR
American States Water CompanyUS flagNew York Stock Exchange
86.62
USD
-1.78
- -
3.39BMarket Cap
American States Water Company
AWR
(New York Stock Exchange)

Recent

price

86.62

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
10.76
11.23
12.29
12.22
12.05
12.27
11.93
12.03
11.89
12.87
13.24
13.51
13.3
16.11
15.89
17.07
17.52
Revenue per Share
0.89
1.23
1.43
1.62
1.58
1.62
1.63
1.89
1.74
2.29
2.34
2.56
2.12
3.38
3.18
3.38
3.45
Basic EPS, GAAP
1.45
2.14
2.67
3.51
4.22
2.54
2.65
3.95
3.72
3.17
3.31
3.13
3.19
1.83
5.3
5.96
6.61
Free Cash Flow per Basic Share
0.52
0.55
0.64
0.76
0.83
0.87
0.91
0.99
1.06
1.16
1.28
1.4
1.52
1.65
1.79
1.94
1.98
Dividend per Share
4.04
10.93
11.96
12.74
13.11
12.46
13.52
14.46
15.2
16.34
17.4
18.58
19.2
20.99
24.56
27.12
27.45
Book Value per Share
10.13
10.9
11.93
12.71
13.08
12.43
13.49
14.43
15.17
16.31
17.37
18.55
19.17
20.96
24.56
27.12
27.45
Tangible Book Value per Share
37
37
38
39
39
37
37
37
37
37
37
37
37
37
37
39
39
Basic Weighted Avg Shares
400
420
467
472
466
459
436
441
437
474
488
499
492
596
595
658
679
Sales/Revenue/Turnover
18.3
22.62
23.78
25.22
25.56
25.83
26.19
26.96
23.1
26.76
26.73
28.17
25.75
33.01
30.98
30.89
30.78
Operating Margin (%)
40
41
43
41
42
43
39
39
41
36
37
40
42
43
44
49
50
Depreciation Expense
33
46
54
63
61
60
60
69
64
84
86
94
78
125
119
130
134
Net Income, GAAP
42.56
41.72
39.9
36.34
38.39
38.42
36.77
35.97
22
22.63
24.6
24.38
23.19
24.98
20.19
23.18
23.39
Effective Tax Rate (%)
8.3
10.92
11.6
13.28
13.11
13.19
13.7
15.74
14.62
17.8
17.7
18.91
15.95
20.97
20.03
19.82
19.66
Profit Margin (%)
26
58
90
91
110
9
-11
-1
-15
6
39
-18
-245
39
-52
56
40
Working Capital
300
340
332
326
326
321
321
321
377
493
584
596
477
874
812
928
920
LT Debt
378
409
455
492
507
466
494
530
558
602
642
686
710
776
920
1,046
1,064
Total Equity
5.93
7.38
8.57
9.29
8.75
8.77
8.32
8.31
8.28
9.36
8.36
8.25
6.97
9.33
8.23
8.08
8.15
Return on Invested Capital (%)
9.45
9.45
8.8
9.53
8.97
8.92
8.56
9.23
8.71
9.96
8.88
8.78
7.19
10.01
8.98
8.66
8.69
Return on Capital (%)
23.17
16.41
12.55
13.24
12.22
12.44
12.44
13.55
11.74
14.54
13.9
14.21
11.24
16.82
14.06
13.27
13.22
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
8
10
10
LT Borrowings
909
924
915
LT Finance Leases
5
4
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
39
39
39
Market Capitalization
2,810
2,794
2,931

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
251
231
221
Cash, Cash Equivalents & STI
26
19
22
Accounts Receivable, Net
47
38
40
Inventories
17
16
17
Total Current Liabilities
197
175
182
Payables & Accruals
153
126
132
ST Debt
8
10
10
Deferred Revenue
10
12
12

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.5%
10.38%
13.64%
Free Cash Flow
19.88%
32.64%
15.6%
Net Income, GAAP
9.79%
11.29%
9.37%
Sales/Revenue/Turnover
3.91%
6.47%
10.52%
Total Cash Common Dividend
8.64%
9.61%
11.4%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
135
155
162
143
595
2025
148
163
183
164
658
2026
169
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.62
0.85
0.95
0.75
3.18
2025
0.7
0.87
1.07
0.74
3.38
2026
0.77
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.43
0.43
0.46
0.46
1.79
2025
0.46
0.47
0.5
0.5
1.94
2026
0.5
- -
- -
- -
- -
Business
American States Water Company, established in California in 1929, operates as a utility and holding company primarily offering water and electric services to a diverse customer base, including residential, commercial, and industrial clients throughout the United States. The company structures its operations across three main segments: Water, Electric, and Contracted Services. Through its Golden State Water Company subsidiary, the company procures, treats, distributes, and sells water to approximately 264,600 customer connections across more than 80 communities spanning ten counties in California. Additionally, its Bear Valley Electric Service, Inc. unit manages electricity distribution for roughly 24,900 connections within San Bernardino County's mountain regions in California. Beyond its regulated utilities, American States Water, through American States Utility Services, Inc., provides water and wastewater management, operation, maintenance, and construction services under long-term agreements for U.S. military installations in ten states, including 12 bases under 50-year contracts and one with a 15-year term. This diverse portfolio, serving over one million individuals, contributes to a stable financial profile, complemented by its consistent history of increasing annual dividends for 71 consecutive years. The company is headquartered in San Dimas, California. Recent developments include the California Public Utilities Commission's approval in November 2025 to defer the cost of capital application for its water subsidiary, ensuring regulatory stability with the current authorized rate of return extending through December 2027.

Company News

APIChatGPT
  • American States Water Company to Report Second Quarter 2026 Results

  • American States Water Company Announces a Settlement Agreement Reached at its Regulated Water Utility Subsidiary to Acquire a New Water System

  • Why American States Water (AWR) is a Great Dividend Stock Right Now

  • American States Water Company Named on TIME's America's Best Companies 2026 List

  • SBS or AWR: Which Is the Better Value Stock Right Now?

  • American States Water: Tap Into Free Flowing Returns

  • Forget the Utility Sector Sell-Off: 1 Legally Protected Water Monopoly Is an Absolute Sanctuary for Retirees Seeking Bulletproof Yield

  • AWR vs CWT: Which Water Utility Stock Offers Better Return in 2026?

  • Why American States Water (AWR) is a Top Dividend Stock for Your Portfolio

  • Aurwest Resources Closes Option Agreement On Porter Lake Uranium Property

  • Are Utilities Stocks Lagging American States Water (AWR) This Year?

  • Buy 4 Low-Beta Defensive Stocks as Fed Keeps Interest Rates Unchanged

  • American States Water Company Announces the Successful Completion of Its $200 million ATM Equity Offering Program

  • SBS vs. AWR: Which Stock Is the Better Value Option?

  • Inflationary Woes Continue Despite End of Iran War: 5 Defensive Picks

  • Here's Why Investors Should Add AWR to Their Portfolio Right Now

  • American States Water (AWR) Could Be a Great Choice

  • American States Water (AWR) Up 0.2% Since Last Earnings Report: Can It Continue?

  • What Makes American States Water (AWR) a New Buy Stock

  • SBS or AWR: Which Is the Better Value Stock Right Now?