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Regulatory assets at other companies

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California Water Service GroupCWT
$78.34M+25.8%
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$1.14B-2.1%
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Essential UtilitiesWTRG
$19.75M+13.2%
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Middlesex Water CompanyMSEX
$1.67M-98.4%
York Water logo
York WaterYORW
$62.14M+12.0%
Global Water Resources logo
Global Water ResourcesGWRS
$373K-94.7%

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$3.46B+18.0%
Enterprise value$4.17B+12.3%
P/E24.2×+0.7×
P/S+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:RegulatoryAssetsCurrent.

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 regulatory assets?
American States Water (AWR) reported regulatory assets of $24.9M in Q2 2026.
How has American States Water's regulatory assets changed year-over-year?
American States Water's regulatory assets decreased by 53.5% year-over-year, from $53.54M to $24.9M.
What is the long-term trend for American States Water's regulatory assets?
Over 5 years (2020 to 2025), American States Water's regulatory assets has grown at a 24.7% compound annual growth rate (CAGR), from $13.09M to $39.4M.
What does regulatory assets mean?
These are costs incurred by the utility that regulators have authorized for future recovery through customer rates. They represent a future economic benefit and are essential for maintaining the financial integrity of the utility under cost-of-service regulation. Investors monitor these assets to understand the company's future cash flow recovery profile and regulatory standing.

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