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American Water Works AWK Water Services — Revenues from Contracts with Customers

Other product segments

Wastewater Services
$107M+5.9%
Miscellaneous utility charges
$12M+9.1%

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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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 water services — revenues from contracts with customers?
American Water Works (AWK) reported water services — revenues from contracts with customers of $988M in Q1 2026.
How has American Water Works's water services — revenues from contracts with customers changed year-over-year?
American Water Works's water services — revenues from contracts with customers increased by 6.4% year-over-year, from $929M to $988M.
What is the long-term trend for American Water Works's water services — revenues from contracts with customers?
Over 4 years (2021 to 2025), American Water Works's water services — revenues from contracts with customers has grown at a 7.8% compound annual growth rate (CAGR), from $3.13B to $4.23B.
What does water services — revenues from contracts with customers mean?
This metric measures the total revenue recognized from formal service agreements with water and wastewater customers. It reflects the core business activity of providing utility services to residential, commercial, and industrial clients. This is the primary indicator of the segment's market demand and service delivery scale.