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American States Water AWR Water: — Operating Income (Loss)

Other segment segments

Contracted services:
$8M+24.3%
Electric:
$3M+52.7%

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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:OperatingIncomeLoss.

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)WaterElectricContracted / ServicesTotal / Reportable / SegmentsAWR / ParentConsolidated / AWR
Maintenance3,0051,5591,6376,2016,201
Property and other taxes6,1987505967,5447,544
ASUS construction expense16,74716,74716,747
Segment operating income (loss)52,9693,0038,00163,973(2)63,971
Interest expense(9,618)(1,291)(39)(10,948)(1,226)(12,174)
Interest income41925320187313886
Gain (loss) on investments held in a trust4,3304,3304,330
Income tax expense (benefit)12,6425021,98415,128(649)14,479

Item 1. Financial Statements

FAQ

What is American States Water's water: — operating income (loss)?
American States Water (AWR) reported water: — operating income (loss) of $52.97M in Q2 2026.
How has American States Water's water: — operating income (loss) changed year-over-year?
American States Water's water: — operating income (loss) increased by 24.5% year-over-year, from $42.56M to $52.97M.
What is the long-term trend for American States Water's water: — operating income (loss)?
Over 4 years (2021 to 2025), American States Water's water: — operating income (loss) has grown at a 10.2% compound annual growth rate (CAGR), from $107.57M to $158.36M.
What does water: — operating income (loss) mean?
This metric represents the core profitability of the water utility segment after deducting operating expenses from total operating revenues. It serves as a primary indicator of the operational efficiency and regulatory performance of the water distribution business.

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