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American States Water AWR Wastewater — Revenue from contract with customer, excluding assessed tax

Other product segments

Tariff-based revenues
$142.24M+10.2%
Water
$23.71M+64.7%
CPUC-approved surcharges (cost-recovery activities)
$1.17M-62.8%
Other
$691K+0.3%

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Other financials

Income statement

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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

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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

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Operating cash flow$44.9M-30.4%
CapEx$48.5M-4.7%
Free cash flow$22.6M+200%

Valuation

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Market cap$3.4B+18.6%
Enterprise value$4.1B+12.6%
P/E23.7×+0.8×
P/S4.9×+0.2×

Profitability

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Gross margin90.8%0.0pp
Operating margin31.8%+1.0pp
Net margin20.5%+0.3pp
FCF margin-13.9%-1.6pp

Returns & leverage

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Return on equity13.7%-0.2pp
Debt / equity0.6×-0.2×
Current ratio-0.6×

Where this comes from

Reported directly by American States Water in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: American States Water’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:26 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053401
(dollars in thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Electric revenues from contracts with customers13,44013,16432,83526,940
BRRBA under/(over)-collection (alternative revenue program)186(236)(552)990
Total electric revenues13,62612,92832,28327,930
Contracted services:
Water23,71414,39846,89231,010
Wastewater12,90016,04327,14630,439
Contracted services revenues from contracts with customers36,61430,44174,03861,449
Total AWR revenues$181,290$163,066$350,481$311,079

Item 1. Financial Statements

FAQ

What is American States Water's wastewater — revenue from contract with customer, excluding assessed tax?
American States Water (AWR) reported wastewater — revenue from contract with customer, excluding assessed tax of $12.9M in Q2 2026.
How has American States Water's wastewater — revenue from contract with customer, excluding assessed tax changed year-over-year?
American States Water's wastewater — revenue from contract with customer, excluding assessed tax decreased by 19.6% year-over-year, from $16.04M to $12.9M.
What is the long-term trend for American States Water's wastewater — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), American States Water's wastewater — revenue from contract with customer, excluding assessed tax has grown at a 10.3% compound annual growth rate (CAGR), from $42.19M to $62.44M.
What does wastewater — revenue from contract with customer, excluding assessed tax mean?
This metric represents the total gross revenue generated from wastewater management and treatment services provided to customers under contractual agreements. It excludes any pass-through assessed taxes or surcharges, focusing strictly on the core operational income derived from utility service delivery. This figure serves as a key indicator of the scale and growth trajectory of the company's specialized wastewater utility segment.

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