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American States Water AWR Refunds On Advances For Construction

Refunds On Advances For Construction at other companies

California Water Service Group logo
California Water Service GroupCWT
$2.6M+12.2%
Essential Utilities logo
Essential UtilitiesWTRG
$518K-60.7%
EVR
EvergyEVRG
$6.8M
EVR
EvergyEVRG
$6.8M
Century Communities logo
Century CommunitiesCCS
$13.4M+37.8%
AWK
American Water WorksAWK
$19M+46.2%

Other financials

Income statement

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Revenue$169.2M+14.3%
Gross profit$149.4M+10.5%
Operating income$51.4M+12.8%
Net income$29.9M+11.6%
EPS (diluted)$0.76+8.6%

Balance sheet

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Cash & equivalents$22.2M+4.4%
Total debt$790.3M+13.2%
Total equity$1.1B+11.2%
Total assets$2.7B+7.4%

Cash flow

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Operating cash flow$71.6M+59.0%
CapEx$49.1M-27.4%
Free cash flow$22.6M+200%

Valuation

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Market cap$3.1B-1.6%
Enterprise value$3.87B+1.2%
P/E23.2×-2.4×
P/S4.6×-0.6×

Profitability

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Gross margin90.8%0.0pp
Operating margin30.8%-0.6pp
Net margin19.7%-0.6pp
FCF margin-13.9%-1.6pp

Returns & leverage

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Return on equity13.2%-0.8pp
Debt / equity0.7×0.0×
Current ratio1.2×+0.4×

Where this comes from

Reported directly by American States Water in its filing.

Tagged under the XBRL concept awr:RefundsOnAdvancesForConstruction.

The official record: American States Water’s 10-K, filed February 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American States Water's refunds on advances for construction?
American States Water (AWR) reported refunds on advances for construction of $1.46M in Q4 2025.
How has American States Water's refunds on advances for construction changed year-over-year?
American States Water's refunds on advances for construction increased by 18.6% year-over-year, from $1.23M to $1.46M.
What is the long-term trend for American States Water's refunds on advances for construction?
Over 4 years (2021 to 2025), American States Water's refunds on advances for construction has grown at a 5.7% compound annual growth rate (CAGR), from $4.67M to $5.83M.
What does refunds on advances for construction mean?
Reflects the cash outflows associated with returning previously received construction advances to developers or customers, typically triggered by the achievement of specific revenue or connection milestones. This represents a reversal of prior capital contributions and impacts the company's net cash flow from financing activities. It is a standard component of managing developer-funded infrastructure projects.