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American Water Works AWK Regulated Businesses — Alternative revenue programs

Similar metrics at other companies

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RGCORevenue From Alternative Revenue Programs
$360.02K-64.9%
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AVARevenue From Alternative Revenue Programs
$23M+388%
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FEAlternative Revenue Program — Revenue
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AVARegulated Revenues Excluding Alternative Revenue Programs
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NFGUtility — Alternative Revenue Programs
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OGERevenuesfrom Alternative Revenue Programs
$15.9M+141%

Other financials

Income statement

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Revenue$1.2B+5.7%
Operating income$391.0M+5.4%
Net income$196.0M-4.4%
EPS (diluted)$1.00-4.8%

Balance sheet

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Cash & equivalents$171.0M+8.9%
Total debt$14.2B-1.3%
Total equity$11.0B+4.8%
Total assets$35.3B+6.4%

Cash flow

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Operating cash flow$305.0M-7.9%
CapEx$659.0M+20.3%
Free cash flow-$354.0M-63.1%

Valuation

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Market cap$25.7B-1.0%
Enterprise value$39.73B-0.1%
P/E23.3×-0.6×
P/S4.9×-0.3×

Profitability

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Operating margin36.5%-0.1pp
Net margin21.2%-1.1pp
FCF margin-23.1%+14.8pp

Returns & leverage

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Return on equity10.2%-0.2pp
Debt / equity1.3×-0.1×
Current ratio0.4×-0.1×

Where this comes from

Reported directly by American Water Works in its filing.

Tagged under the XBRL concept awk:AlternativeRevenuePrograms.

The official record: American Water Works’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Water Works's regulated businesses — alternative revenue programs?
American Water Works (AWK) reported regulated businesses — alternative revenue programs of $2M in Q1 2026.
How has American Water Works's regulated businesses — alternative revenue programs changed year-over-year?
American Water Works's regulated businesses — alternative revenue programs decreased by 66.7% year-over-year, from $6M to $2M.
What is the long-term trend for American Water Works's regulated businesses — alternative revenue programs?
Over 2 years (2022 to 2025), American Water Works's regulated businesses — alternative revenue programs has grown at a -23.6% compound annual growth rate (CAGR), from $12M to $7M.
What does regulated businesses — alternative revenue programs mean?
Revenue derived from regulatory mechanisms that decouple utility earnings from actual water consumption volumes. These programs provide revenue stability by ensuring the utility recovers authorized costs regardless of fluctuations in customer usage patterns.