Discontinued — last reported Q4 '23

Non-Current Assets

Regulatory assets

American Water Works Regulatory assets increased by 0.5% to $1.14B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.1%, from $1.16B to $1.14B. Over 5 years (FY 2020 to FY 2025), Regulatory assets shows relatively stable performance with a 0.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2023

How to read this metric

An increase suggests the utility is deferring costs for future recovery, which may impact future rate cases, while a decrease indicates the amortization or recovery of these costs.

Detailed definition

These represent costs that have been incurred by the utility but are deferred for future recovery from ratepayers as aut...

Peer comparison

Unique to regulated utilities; peers will have similar line items reflecting their specific regulatory jurisdictions and cost-recovery mechanisms.

Metric ID: utility_regulatory_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.15B$1.13B$1.05B$1.05B$1.05B$1.08B$990.00M$1.00B$1.02B$1.04B$1.11B$1.12B$1.14B$1.12B$1.15B$1.16B$1.18B$1.18B$1.13B$1.14B
QoQ Change-1.5%-6.8%-0.2%+0.4%+2.1%-7.9%+1.4%+1.6%+1.9%+6.4%+1.0%+1.9%-1.7%+2.8%+1.0%+1.4%+0.1%-4.0%+0.5%
YoY Change-8.0%-4.7%-5.8%-4.3%-3.1%-3.3%+11.7%+11.3%+11.6%+7.7%+4.0%+4.0%+3.5%+5.4%-1.6%-2.1%
Range$990.00M$1.18B
CAGR-0.1%
Avg YoY Growth+1.6%
Median YoY Growth+1.0%

Frequently Asked Questions

What is American Water Works's regulatory assets?
American Water Works (AWK) reported regulatory assets of $1.14B in Q1 2026.
How has American Water Works's regulatory assets changed year-over-year?
American Water Works's regulatory assets decreased by 2.1% year-over-year, from $1.16B to $1.14B.
What is the long-term trend for American Water Works's regulatory assets?
Over 5 years (2020 to 2025), American Water Works's regulatory assets has grown at a 0.1% compound annual growth rate (CAGR), from $1.13B to $1.13B.
What does regulatory assets mean?
Costs incurred by the utility that regulators have agreed can be recovered from customers in future rate cycles.