90.12
+0.16%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About American States Water
From its filings with the US Securities and Exchange Commission
American States Water is based in San Dimas, California and is incorporated in California. Its shares trade on NYSE under the ticker AWR. The SEC classifies its business as water supply. In the fiscal year to 31 December 2025, it reported revenue of $658.1m and net income of $130.4m. At that date it held total assets of $2.72bn and shareholders' equity of $1.05bn.
AWR is the parent company of GSWC, Bear Valley Electric Service, Inc. (“BVES”) and American States Utility Services, Inc. (“ASUS”) (and its wholly-owned subsidiaries: Fort Bliss Water Services Company (“FBWS”), Old Dominion Utility Services, Inc. (“ODUS”), Terrapin Utility Services, Inc. (“TUS”), Palmetto State Utility Services, Inc. (“PSUS”), Old North Utility Services, Inc. (“ONUS”), Emerald Coast Utility Services, Inc. (“ECUS”), Fort Riley Utility Services, Inc. (“FRUS”), Bay State Utility Services LLC (“BSUS”), and Patuxent River Utility Services LLC (“PRUS”)).
AWR has three reportable segments: water, electric and contracted services. Within the segments, AWR has three principal business units, water and electric service utility operations conducted through its regulated utilities GSWC and BVES, respectively, and contracted services conducted through ASUS and its subsidiaries.
AWR’s regulated utilities served 265,142 water customers and 24,915 electric customers at December 31, 2025, or a total of 290,057 customers, compared with 264,557 water customers and 24,857 electric customers at December 31, 2024, or a total of 289,414 customers. Both GSWC’s and BVES’s operations exhibit seasonal trends. Although both have diversified customer bases, residential and commercial customers account for the majority of water and electric sales and revenues. Revenues derived from commercial and residential customers accounted for approximately 90% of total water and electric revenues for the years ended December 31, 2025, 2024 and 2023.
Quoted from its 10-K, filed 18 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Utilities
- Industry
- Water Utilities
- Listed since
- 17 Mar 1980
- Employees
- 900
- Website
- aswater.com ↗
- Head office
- 630 E FOOTHILL BLVD, SAN DIMAS, CA, 91773-9016
- Incorporated in
- CA
- Classification
- Water Supply
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Ms. Anne HollowayLead Independent Non-Executive Chairman of the Board$265,097
- Mr. Robert SprowlsPresident, Chief Executive Officer, Director, since 2004$4.9m
- Ms. Eva TangChief Financial Officer, Senior Vice President - Finance, Corporate Secretary, Treasurer$1.1m
- Mr. Christopher ConnorSenior Vice President of American States Utility Services, Inc.$922,150
- Mr. Patrick KubiakVice President - Asset Management of Golden State Water Company
- Ms. Susan MillerVice President - Operations of American States Utility Services, Inc.
- Mr. Jon PierottiVice President - Regulatory Affairs of Golden State Water Company
- Mr. Sunil PillaiVice President - Environmental Quality of Golden State Water Company
- Mr. Paul RowleySenior Vice President - Regulated Water Utility of Golden State Water Company$1.3m
- Mr. David SchicklingVice President - Operations of Golden State Water Company
- Ms. Gladys FarrowAssistant Secretary; Vice President - Finance, Treasurer, Assistant Secretary of Golden State Water Company, Treasurer and Assistant Secretary of American States Utility Services, Inc.$943,409
- Dr. Diana BontaIndependent Director$186,597
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 73
- Environment
- 74
- Social
- 61
- Governance
- 84
- Direct emissions (scope 1)
- 2,608 t
- Energy emissions (scope 2)
- 13,425 t
- Value chain emissions (scope 3)
- 127,935 t
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Established Presence: American States Water Co has a long-standing history and reputation within the water industry, which provides it with a competitive advantage.
- Diversification: The company operates in both regulated water utility and contract water and wastewater services segments, reducing its dependency on a single market.
- Financial Stability: American States Water Co has maintained a strong financial position, allowing it to make investments in infrastructure, technology, and growth opportunities.
Weaknesses
- Dependence on Regulatory Approvals: As a regulated utility, American States Water Co is subject to government regulations and must obtain approvals for rate increases and investments, which could impact its financial performance.
- Weather-Related Risks: The company's operations are exposed to weather conditions, such as droughts or excessive rainfall, which can affect water supply and demand.
- Limited Geographical Presence: American States Water Co operates primarily in California, leaving it vulnerable to regional economic fluctuations and water-related challenges in the state.
Opportunities
- Increasing Water Demand: As population growth and urbanization continue, the demand for water is expected to rise, providing potential growth opportunities for American States Water Co.
- Infrastructure Investment: The ongoing need for infrastructure upgrades and replacements presents opportunities for the company to secure contracts and partnerships for water-related projects.
- Expansion into New Markets: American States Water Co can consider expanding its services to other states or even internationally, diversifying its revenue streams and reducing dependency on California.
Threats
- Climate Change Impact: Climate change and its effects, such as droughts and extreme weather events, pose risks to the adequacy and reliability of water supply, potentially impacting American States Water Co's operations.
- Government Regulations: Increasingly strict regulations on water usage and environmental protection may require additional compliance measures and potentially increase operational costs for the company.
- Competition: American States Water Co faces competition from other water utilities and private companies operating in the same industry, which could potentially affect market share and pricing power.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.