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American States Water Company AWR

Growth Flags show if company had growth for consecutive years ,
Insider Buys alert about insiders buying in the last 12 month

We limit data available in the Overview Report for users who do not have Powerpack

Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total buys
0.07
Total sells
0.32
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy 1
Sell 1 2 1 1
Insider Ownership
0.31%

Capital & Financial Ratios

Market Cap
3,440.00
Revenue
697.48
Net Income
143.13
Free Cash Flow
20.75
Net Debt
888.31
Current Ratio
0.98
Debt/Equity
0.81
P/E ratio
23.38
P/S ratio
4.83
P/B ratio
3.00
Past 5Y EPS Growth
6.82%
This Y EPS Growth
8.38%
Next Y EPS Growth
4.11%
Next 5Y EPS Growth
6.61%
in millions of $

Dividends

Payout Ratio
0.50
Annual Dividend Rate
1.62
Annual Dividend Yield
2.21%
total individual payouts
2028 ‡‡‡‡‡
2027 ‡‡‡‡‡
2026 2.10
2025 1.94
2024 1.79
2023 2.05
2022 1.53
2021 1.40
2020 1.28
2019 1.16
2018 1.06
2017 0.99
2016 0.91
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 14.07 26.66 18.82 21.66
Receivables 89.95 85.18 90.85 50.86
Inventory 17.57 15.14 16.41 18.55
Other 78.62 99.08 97.45 123.35
205.98 233.35 231.07 226.49
2023 2024 2025 Q'26
Payables 68.71 88.59 86.02 79.51
ST’ Debt 42.35 124.39 8.21 73.23
Other 15.22 29.64 38.54 37.56
166.62 285.53 174.61 231.11
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 169.19 181.29
’25 148.01 163.07 182.72 164.28
658.07
’24 135.25 155.33 161.78 143.10
595.46
’23 161.42 157.40 151.70 125.18
595.70
’22 108.57 122.61 134.98 125.37
491.53
’21 117.06 128.41 136.76 116.62
498.85
’20 109.08 121.28 133.69 124.20
488.24
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 71.64 44.92
’25 45.06 64.58 92.38 27.72
229.73
’24 45.81 24.70 63.70 64.52
198.73
’23 6.96 10.80 38.75 11.17
67.68
’22 38.03 18.88 33.03 27.87
117.80
’21 24.68 16.47 40.78 33.66
115.58
’20 15.65 30.61 41.58 34.33
122.17
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 22.59 (3.59)
’25 (22.50) 13.66 37.73 (35.98)
(7.09)
’24 (1.74) (37.04) (0.48) 6.03
(33.23)
’23 (42.37) (28.51) (8.73) (41.24)
(120.86)
’22 2.86 (22.50) (12.48) (16.32)
(48.44)
’21 (12.42) (22.59) 10.21 (4.13)
(28.93)
’20 (17.89) 1.57 9.34 (1.18)
(8.16)
in millions of $

EPS

Mar Jun Sep Dec Year
’26 0.76 1.09
’25 0.70 0.87 1.06 0.74
3.37
’24 0.62 0.85 0.95 0.75
3.17
’23 0.93 1.04 0.85 0.55
3.36
’22 0.38 0.54 0.69 0.50
2.11
’21 0.52 0.72 0.76 0.55
2.55
’20 0.38 0.69 0.72 0.54
2.33

Target Price Range

High
‡‡‡‡‡
‡‡‡‡
Average
‡‡‡‡‡
‡‡‡‡
Low
‡‡‡‡‡
‡‡‡‡

Recommendation Rating

2.8
1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 71.22 75.20 66.03 69.45
Low Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 103.44 99.19 87.50 82.94
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 811 815 846 900
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.61 0.73 0.70 0.73
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 491.53 595.70 595.46 658.07 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 75.20% 79.89% 79.00% 76.92%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 102.06 166.52 149.44 169.80
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 20.76% 27.95% 25.10% 25.80% ‡‡‡ ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 78.40 124.92 119.27 130.44 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 41.70 43.25 44.23 48.87
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 13.30 16.11 15.89 17.07 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ 2.12 3.37 3.17 3.37 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.19 1.83 5.30 5.96
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (4.50) (5.10) (6.19) (6.14) ‡‡‡ ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (1.31) (3.27) (0.89) (0.18)
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 19.20 20.99 24.56 27.12 ‡‡‡‡
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 36.96 36.98 37.46 38.55 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 45.09 23.88 24.52 21.51 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 7.15 4.99 4.89 4.25 ‡‡‡ ‡‡‡ ‡‡‡
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 4.96 3.83 3.16 2.67 ‡‡‡ ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 8.61 6.50 6.41 5.63 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (87.41) (32.02) (114.81) (522.73)
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 117.80 67.68 198.73 229.73 ‡‡‡ ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (166.24) (188.54) (231.96) (236.82) ‡‡‡‡‡ ‡‡‡‡‡
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (48.44) (120.86) (33.23) (7.09)
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (245.23) 39.36 (52.18) 56.46
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 724.45 909.41 929.77 931.91
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 718.45 895.34 903.11 913.09
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 709.55 776.11 920.05 1,045.58
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.97% 5.82% 5.01% 4.98%
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 5.54% 7.36% 6.32% 6.49%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 11.21% 16.77% 14.01% 13.23%
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

American States Water Company (AWR), the steady utility serving California’s drought-plagued and wildfire-ravaged regions, is often hailed as a “boring but beautiful” dividend aristocrat with 70 years of payout hikes. Yet, beneath the surface gleam of surging revenue—up 4.5% CAGR to $595 million in 2023, fueled by rate approvals—and climbing EPS from $1.63 to $3.17 over the decade, lurk serious cracks: exploding capex from $130 million to $232 million, persistent negative free cash flow per share (-$0.89 in 2024), and debt doubling to $930 million, masking a middling ROIC of 6.3%.

Wall Street’s uniform 20% upside targets overlook these pressures, pricing in perfection amid premium valuations (24.5x PE vs. peers’ 18-20x) and insider signals flashing yellow—sells outpacing scant buys 1.7-to-1. While ROE hit an enviable 16.8% and analysts eye modest EPS growth to $3.73 by 2027, regulatory roulette from CPUC rate cases, climate wildcards like wildfires and scarcity, and debt overhang threaten dividend sanctity and balance sheet health.

Is AWR’s infrastructure resilience just a leaky facade, or a contrarian buy in utility volatility? Dive into the full analysis for the data-driven verdict on whether to sip this dividend stream or bail before the drought hits harder.

American States Water Company (AWR) Latest News

News by impact score

Fine-tune

15 Sep

3 , 12:38 PM
Rising water demand in California may support long-term growth for American States Water Company. Rising water demand may affect AWR financial performance without fundamentally altering its market position.

11 Sep

3 , 12:38 PM
American States Water's CWT unit received regulatory approval for rate increases to recover infrastructure investment costs. Rate approval allows CWT unit to recover infrastructure costs and supports financial performance.

18 Aug

3 , 7:28 AM
American States Water Company sustains its long streak of dividend increases, reinforcing its reputation as a reliable income investment amid steady operational performance. Continued dividend growth supports investor sentiment and provides moderate positive influence on share price stability without altering core business trajectory.

10 Aug

4 www.thestreet.com, 1:34 PM
American States Water Company unlocked an unexpected growth engine after 188 years as a Dividend King. Unlocking a new growth engine signals major strategic development likely to significantly alter trajectory and investor sentiment.

7 Aug

3 transcript www.marketbeat.com, 7:03 PM
American States Water held its Q2 earnings call covering financial results, operational updates, and outlook for the regulated utility business. Standard quarterly earnings call supplies financial metrics and guidance that moderately shape near-term investor sentiment.

3 , 12:12 PM
American States Water Company posted Q2 earnings above estimates thanks to water rate increases, with revenues rising year over year. Q2 earnings beat and revenue growth from rate hikes deliver moderately positive near-term financial and market effects for AWR.

6 Aug

4 , 9:06 PM
American States Water Co (AWR) reported Q2 2026 earnings with EPS surging 25%. 25% EPS surge points to stronger profitability that can drive notable stock gains and investor confidence.

5 Aug

3 , 4:30 PM
American States Water Company announced its second quarter 2026 financial results. Quarterly results updates provide financial performance data that can shift near-term investor views and valuation.

31 Jul

3 , 8:51 AM
American States Water Company posted Q2 earnings above expectations, supported by catch-up revenue from prior rate cases and increased water consumption. Q2 earnings beat from rate catch-up and higher usage improves near-term results but remains a routine quarterly update for a regulated utility.

3 , 8:47 AM
American Water's Q2 earnings beat estimates due to rate growth and acquisitions. Rate growth and acquisitions indicate moderate positive effects on financial performance.

17 Jul

3 , 1:04 PM
CWT pursues infrastructure investments to potentially drive long-term earnings growth for American States Water Company (AWR). CWT infrastructure investments could affect AWR earnings performance.

12 Jul

3 , 8:08 AM
American States Water (AWR) draws fresh attention as valuation debates intensify. Valuation debates can moderately shift investor sentiment and near-term stock performance.

3 , 5:08 AM
American States Water extends its dividend growth streak with firm earnings outlook intact. Dividend streak extension and steady earnings outlook support moderate investor sentiment without altering core trajectory.

22 Jun

3 Business Wire, 9:00 AM
American States Water Company completed its $200 million ATM equity offering program. Equity raise of $200 million improves liquidity and financial flexibility with limited effect on core operations.

17 Jun

4 , 11:03 AM
Rate hikes and acquisitions drive American States Water Company growth despite regulatory risks. Rate increases plus acquisitions materially lift revenue trajectory while regulatory exposure adds downside risk to AWR operations.

11 Jun

3 , 11:34 AM
American States Water Company shows strong investment potential, prompting recommendations for immediate addition to portfolios based on favorable growth and stability factors. Positive investment recommendation signals moderately improved market sentiment and performance outlook for AWR.

4 Jun

3 Zacks, 12:00 PM
American States Water (AWR) is positioned as a new buy stock on the basis of its financial metrics, operational stability, and sector outlook that support future growth. Buy recommendation highlights factors likely to produce moderate gains in valuation and investor sentiment without major strategic shifts.

9 May

3 www.marketbeat.com, 9:04 AM
American States Water Company released Q1 earnings call highlights, covering financial results, operational updates, and future outlook for its water and electric utilities. Q1 earnings highlights impact financial performance and market sentiment but remain balanced by the company's stable utility operations.

8 May

3 Zacks, 12:51 PM
American States Water Company (AWR) Q1 earnings lagged estimates, but revenues surpassed expectations. Mixed Q1 results with earnings miss and revenue beat signal moderately noticeable influence on financial performance.

7 May

3 Zacks, 10:15 AM
American States Water Q1 earnings missed estimates, while sales increased year-over-year. Q1 earnings miss despite sales growth moderately affects financial performance and investor sentiment.

3 app.moby.co, 8:30 AM
American States Water Company released Q1 2026 earnings call summary, detailing financial results, operational updates, and forward guidance. Quarterly earnings summaries influence financial performance and investor sentiment but are balanced by ongoing operations.

6 May

3 Business Wire, 4:30 PM
American States Water Company announced its first quarter 2026 results. Quarterly earnings releases affect financial performance and short-term market sentiment.

30 Apr

3 Zacks, 12:44 PM
American States Water Company Q1 earnings missed estimates, while revenues rose year-over-year. Earnings shortfall versus estimates signals potential pressure on financial performance and market sentiment, offset somewhat by revenue growth.

28 Apr

4 Zacks, 12:00 PM
American States Water (AWR) upgraded to Strong Buy rating by analysts citing robust financial health, consistent dividend growth, regulatory support, and strong demand for water services amid population growth. Analyst upgrade to Strong Buy highlights favorable fundamentals and growth outlook, poised to significantly enhance investor sentiment and stock performance.

26 Apr

4 Simply Wall St., 6:05 AM
American States Water Company (AWR) has reshaped its investment story through emphasis on customer growth and balance sheet strength. Strategic focus on customer growth and balance sheet strength signals major positive shifts in AWR's trajectory and investor appeal.

9 Apr

4 Simply Wall St., 5:10 PM
Appointment of Fraud Czar scrutinizes American States Water Company (AWR) contracts amid potential fraud concerns. Fraud Czar scrutiny on AWR contracts signals potential regulatory investigations disrupting operations and eroding investor confidence.

23 Mar

4 Zacks, 1:05 PM
AWK Indiana Unit plans $246 million investment in infrastructure upgrades for 2025. $246M infrastructure investment expands rate base and supports long-term revenue growth for AWR.

16 Mar

4 Simply Wall St., 7:10 AM
American States Water (AWR) new rate-backed infrastructure and Norwalk deal could alter the bull case for the utility stock. Rate-backed infrastructure funding and Norwalk deal enable major capital investments strengthening AWR's growth trajectory.

12 Mar

4 Zacks, 10:37 AM
California regulators approved a rate hike for American States Water Company's Golden State Water unit, enabling continued infrastructure investments and improving financial stability. Rate hike approval directly increases revenue for key utility operations and funds essential investments, significantly boosting future performance.

4 Insider Monkey, 3:15 AM
American States Water Company reported fourth quarter and full-year 2025 results, highlighting key financial metrics and operational performance. Quarterly and annual earnings releases directly impact financial performance, stock valuation, and investor sentiment.

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