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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$3.43B+16.9%
Enterprise value$4.13B+11.4%
P/E24×+0.5×
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:RegulatedOperatingRevenueWater.

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
(in thousands, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating Revenues
Water$131,050$119,697$244,160$221,700
Electric13,62612,92832,28327,930
Contracted services36,61430,44174,03861,449
Total operating revenues181,290163,066350,481311,079
Operating Expenses
Water purchased23,54323,91144,90340,219
Power purchased for pumping3,6993,5546,9966,703

Item 1. Financial Statements

FAQ

What is American States Water's water?
American States Water (AWR) reported water of $131.05M in Q2 2026.
How has American States Water's water changed year-over-year?
American States Water's water increased by 9.5% year-over-year, from $119.7M to $131.05M.
What is the long-term trend for American States Water's water?
Over 4 years (2021 to 2025), American States Water's water has grown at a 7.5% compound annual growth rate (CAGR), from $347.11M to $464.11M.
What does water mean?
Represents the total revenue generated from the provision of regulated water utility services to residential, commercial, and industrial customers. This metric reflects the core business performance of the water segment and is subject to regulatory oversight regarding rate structures and service delivery. It serves as a primary indicator of the company's scale and market penetration within its authorized service territories.

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