AWR
American States Water Company
NYSE: AWR · UTILITIES · UTILITIES - REGULATED WATER
$77.87
-2.00% today
Updated 2026-04-29
Market cap
$3.05B
P/E ratio
23.11
P/S ratio
4.64x
EPS (TTM)
$3.37
Dividend yield
2.44%
52W range
$69 – $81
Volume
0.3M
American States Water Company (AWR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $268.63M | $301.37M | $318.72M | $360.97M | $398.94M | $419.27M | $466.91M | $472.08M | $465.79M | $458.64M | $436.09M | $440.60M | $436.82M | $473.87M | $488.24M | $498.85M | $491.53M | $595.70M | $595.46M | $658.07M |
| Revenue growth (YoY) | — | +12.2% | +5.8% | +13.3% | +10.5% | +5.1% | +11.4% | +1.1% | -1.3% | -1.5% | -4.9% | +1.0% | -0.9% | +8.5% | +3.0% | +2.2% | -1.5% | +21.2% | -0.0% | +10.5% |
| Cost of revenue | $69.03M | $56.03M | $57.05M | $93.24M | $101.15M | $150.40M | $116.81M | $115.37M | $117.03M | $120.43M | $102.75M | $103.42M | $108.94M | $120.15M | $119.40M | $121.03M | $123.30M | $146.15M | $143.44M | $323.98M |
| Gross profit | $199.60M | $245.34M | $261.67M | $267.73M | $297.79M | $268.88M | $350.10M | $356.71M | $348.76M | $338.21M | $333.34M | $337.19M | $327.88M | $353.72M | $368.84M | $377.82M | $368.23M | $449.55M | $452.02M | $334.09M |
| Gross margin | 74.3% | 81.4% | 82.1% | 74.2% | 74.6% | 64.1% | 75.0% | 75.6% | 74.9% | 73.7% | 76.4% | 76.5% | 75.1% | 74.6% | 75.5% | 75.7% | 74.9% | 75.5% | 75.9% | 50.8% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $47.11M | $52.64M | $62.72M | $70.14M | $87.14M | $75.14M | $70.56M | $77.29M | $78.32M | $79.82M | $80.99M | $81.66M | $82.59M | $83.03M | $83.61M | $83.55M | $86.19M | $88.27M | $100.94M | $102.81M |
| Operating income | $70.61M | $87.17M | $100.98M | $69.49M | $73.82M | $95.10M | $111.09M | $119.07M | $119.05M | $118.49M | $114.72M | $127.08M | $100.98M | $127.07M | $130.50M | $140.98M | $126.64M | $196.74M | $184.48M | $203.28M |
| Operating margin | 26.3% | 28.9% | 31.7% | 19.3% | 18.5% | 22.7% | 23.8% | 25.2% | 25.6% | 25.8% | 26.3% | 28.8% | 23.1% | 26.8% | 26.7% | 28.3% | 25.8% | 33.0% | 31.0% | 30.9% |
| EBITDA | $98.72M | $116.11M | $88.28M | $104.22M | $113.17M | $134.12M | $154.24M | $160.04M | $160.80M | $161.16M | $154.26M | $159.38M | $144.80M | $169.31M | $174.36M | $187.58M | $170.78M | $252.54M | $244.05M | $252.15M |
| EBITDA margin | 36.7% | 38.5% | 27.7% | 28.9% | 28.4% | 32.0% | 33.0% | 33.9% | 34.5% | 35.1% | 35.4% | 36.2% | 33.1% | 35.7% | 35.7% | 37.6% | 34.7% | 42.4% | 41.0% | 38.3% |
| EBIT | $72.44M | $87.17M | $59.28M | $70.66M | $75.00M | $95.77M | $112.86M | $119.07M | $119.72M | $119.13M | $115.15M | $120.11M | $104.14M | $133.60M | $137.15M | $147.60M | $129.09M | $209.28M | $199.82M | $203.28M |
| Interest expense | $21.12M | $21.58M | $21.33M | $22.31M | $21.64M | $23.68M | $22.77M | $22.41M | $21.62M | $21.09M | $21.99M | $22.58M | $23.43M | $24.59M | $22.53M | $22.83M | $27.03M | $42.76M | $50.38M | $46.78M |
| Income tax | $15.68M | $20.79M | $13.38M | $18.82M | $23.04M | $30.08M | $35.95M | $35.78M | $38.05M | $37.73M | $34.73M | $38.97M | $18.02M | $24.67M | $28.20M | $30.42M | $23.66M | $41.60M | $30.17M | — |
| Effective tax rate | 40.5% | 42.6% | 37.8% | 38.9% | 41.0% | 39.6% | 39.9% | 36.3% | 38.4% | 38.4% | 36.8% | 36.0% | 22.0% | 22.6% | 24.6% | 24.4% | 23.2% | 25.0% | 20.2% | 0.0% |
| Net income | $23.08M | $28.03M | $22.00M | $29.53M | $33.20M | $45.86M | $54.15M | $62.69M | $61.06M | $60.48M | $59.74M | $69.37M | $63.87M | $84.34M | $86.42M | $94.35M | $78.40M | $124.92M | $119.27M | $130.44M |
| Net income growth (YoY) | — | +21.4% | -21.5% | +34.2% | +12.4% | +38.1% | +18.1% | +15.8% | -2.6% | -0.9% | -1.2% | +16.1% | -7.9% | +32.1% | +2.5% | +9.2% | -16.9% | +59.3% | -4.5% | +9.4% |
| Profit margin | 8.6% | 9.3% | 6.9% | 8.2% | 8.3% | 10.9% | 11.6% | 13.3% | 13.1% | 13.2% | 13.7% | 15.7% | 14.6% | 17.8% | 17.7% | 18.9% | 15.9% | 21.0% | 20.0% | 19.8% |