American States Water/$AWR
1D1W1MYTD1Y5YMAX
Capital at risk
About American States Water
American States Water Co is a water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and Bear Valley Electric Service, Inc while contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services to commercial and residential customers.
- Ticker
- $AWR
- Sector
- Utilities
- Primary listing
- NYSE
- Employees
- 900
- Headquarters
- San Dimas, United States
- Website
- www.aswater.com
AWR Metrics
BasicAdvanced
$3.3B
23.09
$3.65
0.56
$2.06
2.59%
Price and volume
Market cap
$3.3B
Beta
0.56
52-week high
$91.72
52-week low
$69.45
Average daily volume
209K
Dividend rate
$2.06
Financial strength
Current ratio
0.98
Quick ratio
0.74
Long term debt to equity
0.751
Total debt to equity
0.818
Dividend payout ratio (TTM)
54.82%
Interest coverage (TTM)
4.83%
Profitability
EBITDA (TTM)
277.618
Gross margin (TTM)
57.62%
Net profit margin (TTM)
20.52%
Operating margin (TTM)
32.47%
Effective tax rate (TTM)
23.92%
Revenue per employee (TTM)
$770,000
Management effectiveness
Return on assets (TTM)
5.26%
Return on equity (TTM)
13.67%
Valuation
Price to earnings (TTM)
23.095
Price to revenue (TTM)
4.715
Price to book
2.98
Price to tangible book (TTM)
2.98
Price to free cash flow (TTM)
158.539
Free cash flow yield (TTM)
0.63%
Free cash flow per share (TTM)
0.532
Dividend yield (TTM)
2.44%
Forward dividend yield
2.59%
Growth
Revenue change (TTM)
13.23%
Earnings per share change (TTM)
12.09%
3-year revenue growth (CAGR)
6.39%
10-year revenue growth (CAGR)
4.51%
3-year earnings per share growth (CAGR)
4.97%
10-year earnings per share growth (CAGR)
8.55%
3-year dividend per share growth (CAGR)
8.23%
10-year dividend per share growth (CAGR)
8.45%
What the Analysts think about AWR
Analyst ratings (Buy, Hold, Sell) for American States Water stock.
Analyst projections of the future price of American States Water stock.
Bulls say / Bears say
Second-quarter 2026 diluted EPS increased 25.3% year over year to $1.09, driven primarily by CPUC-approved customer-rate increases at Golden State Water, with earnings rising across all operating segments. (American States Water)
AWR raised its quarterly dividend 8.2% and has increased annual dividends for 72 consecutive years; it also completed its $200 million ATM program and stated that it does not plan additional equity issuance through at least 2029, reducing near-term dilution risk. (American States Water)
The contracted-services business provides recurring exposure to long-duration U.S. military-base contracts, while management expects that segment to contribute $0.63–$0.67 per share in 2026 and forecasts $185–$220 million of regulated-utility investment, supporting rate-base growth. (American States Water)
Golden State Water’s transition from full revenue decoupling to a modified rate-adjustment mechanism leaves revenue and earnings more exposed to fluctuations in customer consumption and water-source mix. (American States Water)
Input-cost and capital-intensity pressures remain material: first-quarter 2026 water-supply costs rose 19.0% year over year, while property and other taxes increased 15.4% as the company added utility plant. (SEC)
The contracted-services segment relies on fixed-price military-base contracts, which expose AWR to construction-cost overruns, performance disputes and potential government suspension or termination; management also faces substantial execution risk on planned infrastructure spending. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 2026.
AWR Financial Performance
Revenues and expenses
AWR Earnings Performance
Company profitability
Upcoming events
No upcoming events
AWR News
AllArticlesVideos
Funds containing AWR
AllEURGBPUSD
Fund name | Fund size | $AWR weighting |
|---|---|---|
iShares Global Water€IQQQ | €1.8B | 2.29% |
iShares Global Water£IH2O | £1.6B | 2.29% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.19% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.19% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.15% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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