American Water Works Co AWK · USD
Utilities · Water Utilities · US listing · 🇺🇸 United States
S&P 500
149.22
-0.71%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$5.14bn
FY2016FY2025
Net income
$1.11bn
FY2016FY2025
Free cash flow
−$1.07bn
FY2016FY2025
Shareholders' equity
$10.84bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.14bn | $4.68bn | $4.23bn | $3.79bn | $3.93bn | $3.78bn | $3.61bn | $3.44bn | $3.36bn | $3.30bn |
| Operating income | $1.88bn | $1.72bn | $1.50bn | $1.27bn | $1.27bn | $1.32bn | $1.22bn | $1.15bn | $1.27bn | $1.11bn |
| Net income | $1.11bn | $1.05bn | $944.0m | $820.0m | $1.26bn | $709.0m | $621.0m | $567.0m | $426.0m | $468.0m |
| Diluted earnings per share | 5.70 | 5.39 | 4.84 | 4.51 | 6.94 | 3.92 | 3.43 | 3.13 | 2.38 | 2.63 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $36.52bn | $32.83bn | $30.30bn | $27.79bn | $26.07bn | $24.77bn | $22.68bn | $21.22bn | $19.48bn | $18.48bn |
| Cash and short-term investments | $174.0m | $196.0m | $330.0m | $85.0m | $116.0m | $547.0m | $60.0m | $130.0m | $55.0m | $75.0m |
| Total liabilities | $25.69bn | $22.50bn | $20.50bn | $20.09bn | $18.78bn | $18.31bn | $16.56bn | $15.36bn | $14.10bn | $13.26bn |
| Debt | $15.85bn | $14.04bn | $12.37bn | $12.38bn | $10.98bn | $10.94bn | $9.46bn | $8.61bn | $7.72bn | $7.18bn |
| Shareholders' equity | $10.84bn | $10.33bn | $9.80bn | $7.69bn | $7.30bn | $6.45bn | $6.12bn | $5.86bn | $5.38bn | $5.22bn |
| Shares outstanding | 195m | 195m | 195m | 182m | 182m | 181m | 181m | 181m | 179m | 178m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $2.06bn | $2.04bn | $1.87bn | $1.11bn | $1.44bn | $1.43bn | $1.38bn | $1.39bn | $1.45bn | $1.28bn |
| Capital spending | −$3.13bn | −$2.86bn | −$2.73bn | −$2.42bn | −$1.87bn | −$1.93bn | −$1.76bn | −$1.67bn | −$1.51bn | −$1.40bn |
| Free cash flow | −$1.07bn | −$811.0m | −$860.0m | −$1.31bn | −$432.0m | −$502.0m | −$375.0m | −$287.0m | −$61.0m | −$119.0m |
| Dividends paid | −$633.0m | −$585.0m | −$532.0m | −$467.0m | −$428.0m | −$389.0m | −$353.0m | −$319.0m | −$289.0m | −$261.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.35bn | $1.21bn | $1.27bn | $1.45bn | $1.28bn | $1.14bn | $1.20bn | $1.32bn |
| Operating income | $542.0m | $391.0m | $405.0m | $614.0m | $489.0m | $371.0m | $400.0m | $543.0m |
| Net income | $315.0m | $196.0m | $238.0m | $379.0m | $289.0m | $205.0m | $239.0m | $350.0m |
| Diluted earnings per share | 1.61 | 1.00 | 1.22 | 1.94 | 1.48 | 1.05 | 1.23 | 1.79 |
| Cash from operations | $602.0m | $305.0m | $663.0m | $764.0m | $301.0m | $331.0m | $639.0m | $679.0m |
| Capital spending | −$860.0m | −$659.0m | −$1.05bn | −$797.0m | −$733.0m | −$548.0m | −$934.0m | −$722.0m |
| Free cash flow | −$258.0m | −$354.0m | −$385.0m | −$33.0m | −$432.0m | −$217.0m | −$295.0m | −$43.0m |
| Total assets | $36.45bn | $35.26bn | $36.52bn | $34.75bn | $33.91bn | $33.16bn | $32.83bn | $31.79bn |
| Cash and short-term investments | $191.0m | $137.0m | $174.0m | $256.0m | $192.0m | $114.0m | $96.0m | $127.0m |
| Debt | $15.99bn | $15.63bn | $15.85bn | $15.30bn | $14.99bn | $14.43bn | $14.04bn | $13.35bn |
| Shareholders' equity | $11.66bn | $11.04bn | $10.84bn | $10.91bn | $10.68bn | $10.53bn | $10.33bn | $10.36bn |
Financial ratios
Data as of 23 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2015 | FY2014 | FY2013 | FY2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 36.6% | 36.7% | 35.5% | 33.6% | 32.4% | 35.0% | — | — | — | — |
| Net margin | 21.6% | 22.4% | 22.3% | 21.6% | 32.1% | 18.8% | — | — | — | — |
| Return on equity | 10.3% | 10.2% | 9.6% | 10.7% | 17.3% | 11.0% | — | — | — | — |
| Return on assets | 3.0% | 3.2% | 3.1% | 3.0% | 4.8% | 2.9% | — | — | — | — |
| Free cash flow yield | 19.9% | 18.8% | 17.7% | 14.5% | 13.6% | 13.8% | — | — | — | — |
| Revenue growth | 9.7% | 10.6% | 11.7% | -3.5% | 4.1% | 4.6% | — | — | — | — |
| Earnings growth | 5.7% | 11.3% | 15.1% | -35.1% | 78.1% | 14.2% | — | — | — | — |
| Current ratio | 0.46x | 0.39x | 0.65x | 0.44x | 0.73x | 0.66x | — | — | — | — |
| Debt to equity | 1.46x | 1.36x | 1.26x | 1.61x | 1.51x | 1.70x | — | — | — | — |
| Equity ratio | 29.7% | 31.5% | 32.3% | 27.7% | 28.0% | 26.1% | — | — | — | — |
| Interest coverage | 3.06x | 3.28x | 3.27x | 2.94x | 3.16x | 3.33x | — | — | — | — |
| R&D as a share of sales | — | — | — | — | — | — | 0.2% | 0.1% | 0.1% | 0.1% |
| Buybacks as a share of market value | 0.0% | 0.0% | -7.1% | 0.0% | -0.6% | 0.0% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.7% | 6.4% | 5.0% |
| Operating income | 13.9% | 7.3% | 5.7% |
| Net income | 10.7% | 9.4% | 8.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 36.6% | 35.7% | 35.1% | 34.9% |
| Net margin | 22.0% | 22.0% | 23.1% | 19.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 22.9 | 23.1 | 27.3 | 33.8 | 27.2 | 39.2 | 35.8 | 29.0 | 38.4 | 27.5 |
| Price to sales | 5.0 | 5.2 | 6.1 | 7.3 | 8.8 | 7.3 | 6.2 | 4.8 | 4.9 | 3.9 |
Market value over time
31 Oct 2016 to 22 Sept 2026, in USD
$13.18bn$26.23bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 7% | -6% | -12% | -17% | 22% | 22% | 32% | 4% | 22% | 21% |
Dividends and splits
Per share, in the currency the company pays
Paid for 18 years. Last went ex-dividend on 11 Aug 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.79 | 3.31 | 3.06 | 2.83 | 2.62 | 2.41 | 2.20 | 2.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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