American States Water/$AWR
1D1W1M3M6MYTD1Y5YMAX
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
$3.4B
23.77
$3.65
0.56
$2.06
2.51%
Price and volume
Market cap
$3.4B
Beta
0.56
52-week high
$91.72
52-week low
$69.50
Average daily volume
236K
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)
23.774
Price to revenue (TTM)
4.854
Price to book
3.07
Price to tangible book (TTM)
3.07
Price to free cash flow (TTM)
163.198
Free cash flow yield (TTM)
0.61%
Free cash flow per share (TTM)
0.532
Dividend yield (TTM)
2.37%
Forward dividend yield
2.51%
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 diluted EPS rose 25.3% year on year, with CPUC-approved rate increases the main driver; 2026 adopted water revenue less supply costs is $32 million above 2025. This supports earnings growth from regulated investment rather than relying only on customer usage. (American States Water Company)
The contracted-services unit had $4.2 billion of remaining performance obligations at June 2026, to be recognised over contract terms ranging from 13 to 48 years. That backlog gives AWR a long-duration source of revenue alongside its California utilities. (SEC)
AWR raised its quarterly dividend by 8.2%, marking 72 consecutive years of annual increases. That long record may appeal to investors seeking steadily growing income. (American States Water Company)
Earnings are more exposed to swings in water use and supply mix under the CPUC’s modified revenue mechanism. Second-quarter results benefited from 4% higher consumption and a favourable supply mix, and the company warned those tailwinds could reverse. (SEC, American States Water Company)
AWR plans $185–$220 million of regulated-utility investment in 2026, while it has no plans for further equity issuance through at least 2029. A $65 million utility note matures in June 2027 and had no formal refinancing agreement at the filing date, creating funding and interest-cost risk. (American States Water Company, SEC)
AWR’s dividend yield may not compensate investors for its valuation risk: an October assessment put the yield at 2.7%, below the 5.1% 10-year Treasury yield, and saw limited share-price upside. That leaves less room for disappointing growth or regulatory outcomes. (Seeking Alpha)
Data summarised monthly by Lightyear AI. Last updated on 3 Nov 2026.
AWR Financial Performance
Revenues and expenses
AWR Earnings Performance
Company profitability
Upcoming events
AWR News
AllArticlesVideos
Funds containing AWR
AllUSDEURGBP
Fund name | Fund size | $AWR weighting |
|---|---|---|
iShares Global Water£IH2O | $2.2B | 2.08% |
iShares Global Water€IQQQ | $2.1B | 2.08% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.20% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.20% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | $3.2B | 0.16% |
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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