Income StatementBalance SheetCash FlowSegments
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American Water Works Business Segments

Business, geographic, and product segment breakdowns

American Water Works generates $5.2B in annual revenue across 3 key segments: Miscellaneous utility charges ($50.0M), Wastewater Services ($428.0M), and Water Services ($4.3B). The company-wide operating margin is 36.48%. Based on the Q1 2026 filing.

Miscellaneous utility charges (TTM)$50.0MWastewater Services (TTM)$428.0MWater Services (TTM)$4.3B
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$24.4B
P/E Ratio22.12
ROE10.22%

Products & Services

Operating revenues

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Services$973.0M$929.0M$1.1B$1.2B$1.0B$988.0M
Wastewater Services$93.0M$101.0M$107.0M$113.0M$101.0M$107.0M
Miscellaneous utility charges$9.0M$11.0M$14.0M$13.0M$11.0M$12.0M

Other Revenues Not from Contracts with Customers

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Miscellaneous utility charges—$0.0$0.0$0.0$0.0$0.0
Wastewater Services—$0.0$0.0$0.0$0.0$0.0
Water Services$0.0$0.0$0.0$0.0$0.0$0.0

Revenues from Contracts with Customers

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Services—$929.0M$1.1B$1.2B$1.0B$988.0M
Wastewater Services—$101.0M$107.0M$113.0M$101.0M$107.0M
Miscellaneous utility charges—$11.0M$14.0M$13.0M$11.0M$12.0M

Geographic

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aggregate costs$281.0M$290.0M$300.0M$310.0M$324.0M$336.0M
Allowance for funds used during construction$88.0M$92.0M$97.0M$102.0M$107.0M$112.0M

Business Segments

Number of acquisitions

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Business0.251.501.501.501.50—

Number of states in which entity provides water and wastewater services

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Business14.00———14.00—

Alternative revenue programs

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$15.0M$6.0M$4.0M-$4.0M$6.0M$2.0M

Cash paid for capital expenditures

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$884.0M$545.0M$733.0M$792.0M$1.0B$657.0M

D&A

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$203.0M$213.0M$217.0M$224.0M$229.0M$234.0M

Interest Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$110.0M$114.0M$116.0M$122.0M$122.0M$126.0M

Interest Income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$3.0M$1.0M$1.0M$1.0M$2.0M$1.0M

Lease contract revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$2.0M$2.0M$1.0M$1.0M$3.0M$2.0M

Net income attributable to common shareholders

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$250.0M$201.0M$288.0M$383.0M$265.0M$208.0M

Operating revenues

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$1.1B$1.0B$1.2B$1.3B$1.2B$1.1B

Operation and maintenance

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$408.0M$395.0M$406.0M$433.0M$408.0M$417.0M

Other Revenues Not from Contracts with Customers

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$18.0M$8.0M$5.0M-$3.0M$9.0M$4.0M

Other segment items

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$55.0M$67.0M$68.0M$70.0M$66.0M$66.0M

Provision for income taxes

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$69.0M$60.0M$84.0M$112.0M$65.0M$61.0M

Revenues from Contracts with Customers

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses—$1.0B$1.2B$1.3B$1.1B$1.1B

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Businesses$29.9B$30.3B$31.0B$31.9B$32.6B$33.2B