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Debt-to-equity at other companies

California Water Service Group logo
California Water Service GroupCWT
+0.2×
AWK
American Water WorksAWK
1.3×-0.1×
Essential Utilities logo
Essential UtilitiesWTRG
1.2×0.0×
Middlesex Water Company logo
Middlesex Water CompanyMSEX
0.8×-0.8×
Pure Cycle logo
Pure CyclePCYO
0.1×0.0×
Artesian Resources logo
Artesian ResourcesARTNA
0.7×0.0×

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
Current ratio-0.6×

Where this comes from

Calculated from American States Water’s reported figures.

Based on the most recent quarter.

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

Filed
Aug 5, 2026, 4:26 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053401

FAQ

What is American States Water's debt-to-equity?
American States Water (AWR) reported debt-to-equity of 0.6× in Q2 2026.
How has American States Water's debt-to-equity changed year-over-year?
American States Water's debt-to-equity decreased by 21.1% year-over-year, from 0.8× to 0.6×.
What is the long-term trend for American States Water's debt-to-equity?
Over 5 years (2020 to 2025), American States Water's debt-to-equity has grown at a 1.4% compound annual growth rate (CAGR), from 0.7× to 0.8×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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