American Water Works Company, Inc. AWK

Utilities SIC 4941 - Water Supply NYSE

With a history dating back to 1886, American Water is the largest and most geographically diverse, publicly-traded water and wastewater utility company in the United States, as measured by both operating revenues and population served. A holding company originally incorporated in Delaware in 1936, the Company employs approximately 7,000 professionals who provide drinking water, wastewater and other related services to approximately 14 million people in 24 states. The Company conducts the majority of its business through regulated utilities that provide water and wastewater services, collectively presented as one reportable segment, referred to as the "Regulated Businesses." The Company also operates other businesses that provide water and wastewater services to the U.S. government on military installations, as well as municipalities. Individually, these other businesses do not meet the criteria of a reportable segment in accordance with generally accepted accounting principles in the United States ("GAAP"), and are collectively presented throughout this Annual Report on Form 10-K within "Other," which is consistent with how management assesses the results of these businesses.

Last close 140.70 2026-09-04
Market cap $27.96B 2026-06-30 share count
52-week range 120.57 - 145.64

Valuation FY2025 figures against the last close

P/S5.5x
P/E24.7x
P/FCF
EV/EBITDA10.6x
Dividend yield2.3%
Diluted EPS5.69

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $5.12B$4.65B$4.22B$3.76B$3.91B$3.74B$3.59B$3.42B
Total operating expenses $3.26B$2.97B$2.73B$2.52B$2.73B$2.53B$2.40B$2.34B$2.10B$2.22B
Operating income $1.88B$1.72B$1.50B$1.27B$1.20B$1.25B$1.21B$1.10B$1.25B$1.08B
Interest expense $615.0M$523.0M$460.0M$433.0M
Pre-tax income $1.42B$1.36B$1.20B$1.01B$1.64B$924.0M$833.0M$787.0M$912.0M$770.0M
Income tax $311.0M$308.0M$252.0M$188.0M$377.0M$215.0M$212.0M$222.0M$486.0M$302.0M
Net income $1.11B$1.05B$944.0M$820.0M$1.26B$709.0M$621.0M$567.0M$426.0M$468.0M
EPS, basic 5.695.394.904.516.963.913.443.162.392.63
EPS, diluted 5.695.394.904.516.953.913.433.152.382.62
Shares, diluted (wtd. avg.) $195.0M$195.0M$193.0M$182.0M$182.0M$182.0M$181.0M$180.0M$179.0M$179.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $98.0M$96.0M$364.0M$117.0M$136.0M$576.0M$91.0M$159.0M$83.0M$99.0M
Receivables $395.0M$416.0M$339.0M$334.0M$271.0M$321.0M$294.0M$301.0M$272.0M$269.0M
Total current assets $2.19B$1.22B$1.39B$1.25B$1.55B$1.91B$1.28B$781.0M$720.0M$784.0M
Property, plant and equipment $19.71B$18.23B$17.41B$16.25B$14.99B
Goodwill $1.16B$1.14B$1.14B$1.14B$1.14B$1.50B$1.54B$1.57B$1.38B$1.34B
Other intangibles $67.0M$84.0M$9.0M
Total assets $35.44B$32.83B$30.30B$27.79B$26.07B$24.77B$22.68B$21.22B$19.48B$18.48B
Accounts payable $378.0M$346.0M$294.0M$254.0M$235.0M$189.0M$203.0M$175.0M$195.0M$154.0M
Short-term debt $1.59B$879.0M$179.0M$1.18B$584.0M$1.28B$786.0M$964.0M$905.0M$849.0M
Total current liabilities $4.75B$3.15B$2.15B$2.81B$2.14B$2.88B$2.04B$2.09B$2.33B$2.39B
Long-term debt $9.66B$8.66B$7.64B$6.81B$6.32B
Retained earnings $2.58B$2.11B$1.66B$1.27B$925.0M$102.0M-$207.0M-$464.0M-$723.0M-$873.0M
Total equity $10.84B$10.33B$9.80B$7.69B$7.30B$6.45B$6.12B$5.86B$5.38B$5.22B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $2.06B$2.04B$1.87B$1.11B$1.44B$1.43B$1.38B$1.39B$1.45B$1.29B
Depreciation and amortisation $894.0M$788.0M$704.0M$649.0M$636.0M$604.0M$582.0M$545.0M$492.0M$470.0M
Capital expenditure $3.13B$2.86B$2.58B$2.30B$1.76B$1.82B$1.65B$1.59B$1.43B$1.31B
Investing cash flow -$3.31B-$3.38B-$2.81B-$2.13B-$1.54B-$2.06B-$1.95B-$2.04B-$1.67B-$1.59B
Financing cash flow $1.25B$1.11B$1.19B$1.00B-$345.0M$1.12B$494.0M$726.0M$207.0M$328.0M
Dividends paid $633.0M$585.0M$532.0M$467.0M$428.0M$389.0M$353.0M$319.0M$289.0M$261.0M
Buybacks $0$0$36.0M$45.0M$54.0M$65.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001410636-26-000034.

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