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American Water Works AWK Regulatory assets

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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$26.89B-5.2%
Enterprise value$40.92B-3.0%
P/E24.4×-1.8×
P/S5.2×-0.6×

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:RegulatoryAssetsNoncurrent.

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

Filed
Apr 29, 2026, 4:26 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001410636-26-000063

FAQ

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?
These are costs incurred by a regulated utility that are deferred as assets because they are expected to be recovered from customers through future rate adjustments approved by regulators. This accounting treatment reflects the unique regulatory compact where specific expenses are not immediately expensed but are capitalized for future recovery. It is a critical metric for assessing the long-term earnings potential and regulatory support for a utility.

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