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American Water Works AWK Unbilled Receivables

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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$26.79B-3.2%
Enterprise value$40.83B-1.6%
P/E24.3×-1.3×
P/S5.2×-0.5×

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:UnbilledReceivablesCurrent.

The source filing: American Water Works’s 10-Q, filed April 29, 2026.

Filed
Apr 29, 2026, 4:26 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001410636-26-000063
Line itemMarch 31, 2026December 31, 2025
Restricted funds1921
Accounts receivable, net of allowance for uncollectible accounts of $63 and $58, respectively386395
Income tax receivable1129
Unbilled revenues451433
Materials and supplies114112
Secured seller promissory note from the sale of the Homeowner Services Group795
Other305328
Total current assets1,5242,191

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is American Water Works's unbilled receivables?
American Water Works (AWK) reported unbilled receivables of $451M in Q1 2026.
How has American Water Works's unbilled receivables changed year-over-year?
American Water Works's unbilled receivables increased by 35.8% year-over-year, from $332M to $451M.
What is the long-term trend for American Water Works's unbilled receivables?
Over 5 years (2020 to 2025), American Water Works's unbilled receivables has grown at a 16.0% compound annual growth rate (CAGR), from $206M to $433M.

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