What does electric — total utility plant, at cost mean?

This metric measures the total historical cost of the physical infrastructure and assets used by the electric segment to provide utility services. It reflects the scale of the capital base required to support operations and is a primary driver for rate base calculations in regulated environments.

American States Water (AWR) Electric — Total utility plant, at cost

Screener

Other segment segments

Water

$2.46B+8.5%

Water:

$2.15B+7.7%

Electric:

$197.59M+10.1%

Contracted services:

$20.75M+5.4%

Similar metrics at other companies

MDUElectric — Property, Plant and Equipment, Gross

$2.87B+15.6%

AVAAlaska Electric Light Power — Property Plant And Equipment Gross

$227M+5.1%

ICUICOSTA RICA — Total property and equipment, cost

$172.95M+7.6%

TRNLeasing & Services — Property, plant, and equipment, at cost, including partially-owned subsidiary of $524.7 and $523.9

$0-100%

SYYOther — Plant and equipment at cost, less accumulated depreciation

$330M+13.4%

ICUICANADA — Total property and equipment, cost

$1.98M+3.3%

Other financials

Income statement

See full

Revenue$181.3M+11.2%

Gross profit$149.4M+10.5%

Operating income$64.0M+25.5%

Net income$43.3M+28.4%

EPS (diluted)$1.09+25.3%

Balance sheet

See full

Cash & equivalents$21.7M+7.0%

Total debt$725.3M-9.0%

Total equity$1.1B+15.3%

Total assets$2.8B+6.3%

Cash flow

See full

Operating cash flow$44.9M-30.4%

CapEx$48.5M-4.7%

Free cash flow$22.6M+200%

Valuation

See full

Market cap$3.4B+18.6%

Enterprise value$4.1B+12.6%

P/E23.7×+0.8×

P/S4.9×+0.2×

Profitability

See full

Gross margin90.8%0.0pp

Operating margin31.8%+1.0pp

Net margin20.5%+0.3pp

FCF margin-13.9%-1.6pp

Returns & leverage

See full

Return on equity13.7%-0.2pp

Debt / equity0.6×-0.2×

Current ratio1×-0.6×

Where this comes from

Reported directly by American States Water in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentGross.

The source filing: American States Water’s 10-K, filed February 18, 2026.

Filed: Feb 18, 2026, 4:35 PM EST
Fiscal year: FY2025
Accession: 0001628280-26-009114

(dollars in thousands)	AWRDecember 31, 2025	AWRDecember 31, 2024	GSWCDecember 31, 2025	GSWCDecember 31, 2024
Electric
Transmission and distribution	199,148	141,634	—	—
Generation	12,583	12,583	—	—
Other (1)	18,061	16,910	—	—
	229,792	171,127	—	—
Less — accumulated depreciation	(653,667)	(648,199)	(564,529)	(561,256)
Construction work in progress	255,483	304,929	233,899	245,314
Net utility plant	$2,296,319	$2,099,625	$2,083,684	$1,911,369

Item 8. Financial Statements and Supplementary Data

FAQ

What is American States Water's electric — total utility plant, at cost?: American States Water (AWR) reported electric — total utility plant, at cost of $229.79M in Q4 2025.
How has American States Water's electric — total utility plant, at cost changed year-over-year?: American States Water's electric — total utility plant, at cost increased by 34.3% year-over-year, from $171.13M to $229.79M.
What does electric — total utility plant, at cost mean?: This metric measures the total historical cost of the physical infrastructure and assets used by the electric segment to provide utility services. It reflects the scale of the capital base required to support operations and is a primary driver for rate base calculations in regulated environments.