AWKAmerican Water Works

Utilities · Water Utilities · 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. 10-K, Item 1

Employees: 7,000
Headquarters: Camden, NJ
Next results: around Feb 17, 2027

Compare with peers → Embed

All key numbers (41, from the latest 10-K and 10-Q) From EDGAR

EPS (ttm)	5.78	Sales (ttm)	5.3B	Net income (ttm)	1.1B	Sales growth	+9.7%	EPS growth	+5.6%	Sales Q/Q	+4.1%
Free cash flow	-1.2B	Gross margin	-	Oper. margin	37.0%	Net margin	21.3%	FCF margin	-21.7%	ROE	9.5%
ROA	3.1%	R&D / sales	-	Dividend	3.31	Debt/Eq	1.37	Curr. ratio	0.39	Cash	121.0M
Op. cash flow (ttm)	2.3B	EBITDA	2.8B	EBITDA margin	53.9%	Net debt	16.2B	Quick ratio	0.39	Interest cover	3.06
ROIC	5.2%	Payout ratio	58.2%	Tax rate	21.9%	Stock pay / sales	0.6%	Shares out.	199.1M	Shares Y/Y	0.0%
Book / share	59.92	Cash / share	0.61	Sales / share	26.84	Asset turnover	0.14	Days sales out.	28	Sales 3Y CAGR	+10.7%
Sales 5Y CAGR	+6.4%	EPS 3Y CAGR	+8.1%	EPS 5Y CAGR	+7.8%	Employees	7,000	Sales / employee	763K

Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.

AWK against Utilities peers

Ten years, side by side → · All 31 →

AWKPeer median

Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How

Every dot is one of the 31 companies, the better end on the right. Hover a dot for the company.

Sales growth

+9.7%16th of 31 · median +9.7%

Net margin

21.3%3rd of 31 · median 13.8%

Return on equity

9.5%19th of 31 · median 10.3%

Free cash flow margin

-21.7%19th of 24 · median -13.7%

Debt / equity (less is better)

1.376th of 30 · median 1.70

AWK and the 5 peers closest in revenue
Company	Revenue (ttm)	Sales growth	Gross margin	Net margin	ROE	FCF margin	Debt / equity
AWK American Water Works	$5.3B	+9.7%	-	21.3%	9.5%	-21.7%	1.37
NI NiSource	$6.8B	+23.5%	-	13.8%	9.8%	-23.0%	1.91
EVRG Evergy	$6.0B	+2.0%	-	14.6%	8.7%	-18.2%	1.52
PNW Pinnacle West Capital	$5.7B	+4.2%	-	11.6%	8.8%	-16.3%	1.53
ATO Atmos Energy	$4.9B	+12.9%	-	28.5%	9.2%	-41.1%	0.67
LNT Alliant Energy	$4.4B	+9.6%	85.8%	18.6%	11.1%	-	1.54

Profitability

2 of 3

✓
Net margin above the peer median21.3% vs 13.8%
!
Return on equity below 15%9.5%
✓
A profit in every one of 10 years

Net margin, FY2016 to FY2025: 14.2% → 21.6%

Balance sheet

0 of 3

!
Interest covered less than 5 timesOperating income is 3.1× interest expense
!
Debt larger than equityDebt / equity 1.37 on the latest balance sheet (peer median 1.70)
!
Current ratio below 1Current ratio 0.39

Debt / equity at each year end, FY2016 to FY2025: 1.37 → 1.46

What the debt is made of ↓

Cash and shareholders

2 of 4

!
Free cash flow positive in 1 of 10 years−$1.1B last year
!
Share count up over 5 years+7.1%
✓
Dividend per share up over 5 years$2.20 → $3.31
✓
Cash from operations above net income$2.1B vs $1.1B

Free cash flow, FY2016 to FY2025: -22.0M → -1.1B

Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.

What the debt is made of, and when it is due

balance sheet of Sep 30, 2026 · schedule of Dec 31, 2025

Left: the debt lines on the balance sheet (XBRL). Right: the principal due each year, from the debt note's maturity schedule; it can differ a little from the balance sheet, which shows the debt net of discounts and fees. Leases are not counted. This company's debt note has no tagged lines yet, so fixed or floating rate is not shown. The full schedule →

Revenue and net income, FY2016 to FY2025

Revenue 5.1B Net income 1.1B

From XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →

AWK's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.

Annual Quarterly

Revenue5.1B

Net income1.1B

Free cash flow-1.1B

EPS (diluted)5.69

Dividend per share3.31

Diluted shares195.0M

Income statement

From EDGAR

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	3.3B	3.4B	3.4B	3.6B	3.8B	3.9B	3.8B	4.2B	4.7B	5.1B
Operating income	1.1B	1.3B	1.1B	1.2B	1.2B	1.2B	1.3B	1.5B	1.7B	1.9B
Interest expense	327.0M	338.0M	332.0M	383.0M	382.0M	389.0M	433.0M	460.0M	523.0M	615.0M
Pretax income	770.0M	912.0M	787.0M	833.0M	924.0M	1.6B	1.0B	1.2B	1.4B	1.4B
Income tax	302.0M	486.0M	222.0M	212.0M	215.0M	377.0M	188.0M	252.0M	308.0M	311.0M
Net income	468.0M	426.0M	567.0M	621.0M	709.0M	1.3B	820.0M	944.0M	1.1B	1.1B
EPS (diluted)	2.62	2.38	3.15	3.43	3.91	6.95	4.51	4.90	5.39	5.69
Diluted shares	179.0M	179.0M	180.0M	181.0M	182.0M	182.0M	182.0M	193.0M	195.0M	195.0M
Depreciation & amortization	470.0M	492.0M	545.0M	582.0M	604.0M	636.0M	649.0M	704.0M	788.0M	894.0M
EBITDA	1.6B	1.7B	1.6B	1.8B	1.9B	1.8B	1.9B	2.2B	2.5B	2.8B
Operating margin	32.9%	37.3%	32.0%	33.6%	33.0%	30.4%	33.6%	35.5%	36.7%	36.6%
Net margin	14.2%	12.7%	16.5%	17.2%	18.8%	32.1%	21.6%	22.3%	22.4%	21.6%
Revenue growth	-	+1.7%	+2.5%	+4.9%	+4.6%	+4.1%	-3.5%	+11.7%	+10.6%	+9.7%
EPS growth	-	-9.2%	+32.4%	+8.9%	+14.0%	+77.7%	-35.1%	+8.6%	+10.0%	+5.6%

Balance sheet

From EDGAR

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash	75.0M	55.0M	130.0M	60.0M	547.0M	116.0M	85.0M	330.0M	96.0M	98.0M
Receivables	269.0M	272.0M	301.0M	294.0M	321.0M	271.0M	334.0M	339.0M	416.0M	395.0M
Current assets	784.0M	720.0M	781.0M	1.3B	1.9B	1.6B	1.2B	1.4B	1.2B	2.2B
Property & equipment	15.0B	16.2B	17.4B	18.2B	19.7B	-	-	-	-	-
Goodwill	1.3B	1.4B	1.6B	1.5B	1.5B	1.1B	1.1B	1.1B	1.1B	1.2B
Total assets	18.5B	19.5B	21.2B	22.7B	24.8B	26.1B	27.8B	30.3B	32.8B	35.4B
Accounts payable	154.0M	195.0M	175.0M	203.0M	189.0M	235.0M	254.0M	294.0M	346.0M	378.0M
Current liabilities	2.4B	2.3B	2.1B	2.0B	2.9B	2.1B	2.8B	2.2B	3.1B	4.7B
Total debt	7.2B	7.7B	8.6B	9.4B	10.9B	11.0B	12.4B	12.4B	14.0B	15.8B
Shareholders' equity	5.2B	5.4B	5.9B	6.1B	6.5B	7.3B	7.7B	9.8B	10.3B	10.8B
Retained earnings	-873.0M	-723.0M	-464.0M	-207.0M	102.0M	925.0M	1.3B	1.7B	2.1B	2.6B

Cash flow

From EDGAR

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	1.3B	1.4B	1.4B	1.4B	1.4B	1.4B	1.1B	1.9B	2.0B	2.1B
Capital spending	1.3B	1.4B	1.6B	1.7B	1.8B	1.8B	2.3B	2.6B	2.9B	3.1B
Free cash flow	-22.0M	15.0M	-200.0M	-271.0M	-396.0M	-323.0M	-1.2B	-701.0M	-811.0M	-1.1B
Stock-based pay (added back)	11.0M	11.0M	16.0M	17.0M	21.0M	17.0M	28.0M	25.0M	36.0M	32.0M
Dividends paid	261.0M	289.0M	319.0M	353.0M	389.0M	428.0M	467.0M	532.0M	585.0M	633.0M
Buybacks	65.0M	54.0M	45.0M	36.0M	0	0	-	-	-	-
Acquisitions	204.0M	177.0M	398.0M	235.0M	135.0M	135.0M	315.0M	81.0M	417.0M	71.0M
Debt raised	553.0M	1.4B	1.4B	1.5B	1.3B	1.1B	822.0M	1.3B	1.4B	1.8B
Debt repaid	144.0M	896.0M	526.0M	495.0M	342.0M	372.0M	15.0M	282.0M	475.0M	664.0M
Investing cash flow	-1.6B	-1.7B	-2.0B	-1.9B	-2.1B	-1.5B	-2.1B	-2.8B	-3.4B	-3.3B
Financing cash flow	328.0M	207.0M	726.0M	494.0M	1.1B	-345.0M	1.0B	1.2B	1.1B	1.2B
Dividend per share	1.50	1.66	1.82	2.00	2.20	2.41	2.62	2.83	3.06	3.31

Stock-based pay and leases

From EDGAR

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Stock-based pay (expense)	11.0M	11.0M	16.0M	17.0M	21.0M	17.0M	28.0M	25.0M	36.0M	32.0M
Stock-based pay / revenue	0.3%	0.3%	0.5%	0.5%	0.6%	0.4%	0.7%	0.6%	0.8%	0.6%
Operating lease cash paid	-	-	-	-	-	-	-	11.0M	11.0M	12.0M
Right-of-use assets	-	-	0	103.0M	95.0M	92.0M	82.0M	86.0M	89.0M	85.0M

From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.

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