Non-Current Assets

Contract Assets, Non-Current

American Water Works Contract Assets, Non-Current decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $36.00M to $0.00. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

An increase suggests strong long-term project pipelines, while a decrease may indicate project completion or billing milestones being met.

Detailed definition

Contract assets represent the company's right to consideration for services already performed that are not yet billed be...

Peer comparison

Typical for firms with long-term service contracts; peers in project management will show higher levels.

Metric ID: contract_assets_noncurrent

Historical Data

9 periods
 Q4 '23Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$28.00M$38.00M$39.00M$36.00M$5.00M$2.00M$5.00M$0.00
QoQ Change+35.7%+2.6%-7.7%-86.1%-60.0%+150.0%-100.0%
YoY Change-82.1%-94.7%-87.2%-100.0%
Range$0.00$39.00M
Avg YoY Growth-91.0%
Median YoY Growth-91.0%

Frequently Asked Questions

What is American Water Works's contract assets, non-current?
American Water Works (AWK) reported contract assets, non-current of $0.00 in Q1 2026.
How has American Water Works's contract assets, non-current changed year-over-year?
American Water Works's contract assets, non-current decreased by 100.0% year-over-year, from $36.00M to $0.00.
What does contract assets, non-current mean?
Unbilled revenue for services performed where payment is expected beyond one year.