American States Water Co (AWR)
American States Water Co brought in $697.5M of revenue over the twelve months to June 30, 2026, up 13.2% from a year earlier. Net income was $143.1M, a net margin of 20.5%. In fiscal 2025 capital spending exceeded operating cash flow by $7.1M. At June 30, 2026 it held $21.7M in cash against $717.7M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.
Key facts about American States Water Co
- Net worth
- American States Water Co has a market value (market cap) of $3.6B at the latest share price, and shareholders' equity of $1.1B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $658.1M (+10.5% year on year), with net income of $130.4M. Over the 12 months to June 30, 2026: revenue $697.5M, net income $143.1M.
- Cash flow
- In fiscal 2025 operations brought in $229.7M of cash; after $236.8M of capital spending, free cash flow was -$7.1M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- American States Water Co's next report is expected around February 17, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- American States Water Co declared dividends of $1.94 per share in fiscal 2025, a yield of 2.15% at the current price.
What American States Water Co does
American States Water Co is registered with the SEC under industry code SIC 4941 (Water Supply). Its shares trade on NYSE under the ticker AWR.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $658.1M | $130.4M | $3.37 | -$7.1M |
| 2024 | $595.5M | $119.3M | $3.17 | -$33.2M |
| 2023 | $595.7M | $124.9M | $3.36 | -$120.9M |
| 2022 | $491.5M | $78.4M | $2.11 | -$48.4M |
| 2021 | $498.9M | $94.3M | $2.55 | -$28.9M |
| 2020 | $488.2M | $86.4M | $2.33 | -$8.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where AWR ranks in Utilities
Dividends
American States Water Co declared $1.94 per share in fiscal 2025. At the current price that is a yield of 2.15%. It paid out $74.7M in cash dividends, 57% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.94 | $74.7M | 57% |
| 2024 | $1.79 | $67M | 56% |
| 2023 | $1.66 | $61.2M | 49% |
| 2022 | $1.53 | $56.4M | 72% |
| 2021 | $1.40 | $51.7M | 55% |
| 2020 | $1.28 | $47.2M | 55% |
Latest SEC filings
What American States Water Co has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 4, 2026
- November 4, 2026Quarterly report 10-Q · period to September 30, 2026
- October 6, 2026Passive stake changed SCHEDULE 13G/A
- August 5, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 11% to $181.3M versus the same quarter last year; diluted EPS $1.09 versus $0.87.
- August 5, 2026
- July 31, 2026Passive stake changed SCHEDULE 13G/A
- July 17, 2026
- June 26, 2026
- May 21, 2026
- May 6, 2026
Insider trades
What the people running American States Water Co did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $128.5K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 4, 2026 | Bonta Diana MDirector | Sold | 546 | $48.5K |
| August 19, 2026 | Holloway Anne MDirector | Sold | 900 | $80K |
| May 20, 2026 | Holloway Anne MDirector | Sold | 662 | $50K |
| May 19, 2026 | Holloway Anne MDirector | Received as pay | 527 | $40K |
| May 19, 2026 | Levin Carl JamesDirector | Received as pay | 527 | $40K |
| May 19, 2026 | Winn Caroline AnnDirector | Received as pay | 527 | $40K |
| May 19, 2026 | Hopkins Mary AnnDirector | Received as pay | 527 | $40K |
| May 19, 2026 | Ervin Roger MDirector | Received as pay | 527 | $40K |
Who owns AWR
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 9.07% | July 31, 2026 |
| Neuberger Berman Group LLC13G, passive with 1 related filers | 6.3% | October 14, 2025 |
| Vanguard Capital Management13G, passive | 5.28% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 408 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 7,294,548 | +432,694 |
| Vanguard Portfolio Management LLC | 3,524,229 | +417,828 |
| Neuberger Berman Group LLC | 2,557,960 | +30,068 |
| State Street Corp | 2,243,634 | +178,777 |
| Vanguard Capital Management LLC | 1,789,593 | +33,314 |
| Geode Capital Management, LLC | 1,001,087 | +66,722 |
| Aqr Capital Management LLC | 919,629 | +446,092 |
| Morgan Stanley | 904,551 | -397,780 |
| First Trust Advisors LP | 778,435 | -57,657 |
| Dimensional Fund Advisors LP | 749,299 | +8,220 |
| Invesco Ltd. | 619,310 | -19,554 |
| Northern Trust Corp | 482,466 | +41,030 |
| Charles Schwab Investment Management Inc | 478,996 | +16,940 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 470,985 | -3,065 |
| Bank of New York Mellon Corp | 342,941 | +13,713 |
| Two Sigma Investments, LP | 287,237 | +195,084 |
| Vanguard Fiduciary Trust Co | 275,392 | +13,334 |
| Nuveen, LLC | 268,766 | +147,437 |
| Jpmorgan Chase & Co | 257,020 | +9,389 |
| Victory Capital Management Inc | 252,207 | +8,767 |
Insiders
18 insiders reported holding 407,249 shares in total, about $36.7M at the last price.
| Holder | Shares |
|---|---|
| Sprowls Robert JPresident & CEO | 219,072532 held indirectly |
| Tang Eva GSr. Vice President & CFO | 50,9549,043 held indirectly |
| Holloway Anne MDirector | 38,518 |
| Bonta Diana MDirector | 16,612 |
| Rowley Paul JSVP OF OPERATIONS | 11,1704,650 held indirectly |
| Farrow GladysVP - Fin., Treas., & Asst. Sec | 10,942 |
| Eichelberger Thomas A.Director | 8,997 |
| Pillai SunilVP ENVIRONMENTAL QUALITY | 8,2332,440 held indirectly |
| Levin Carl JamesDirector | 7,203 |
| Connor Christopher HSVP of ASUS | 6,103 |
Questions about AWR
What does American States Water Co do?
American States Water Co is a company in the Utilities sector, listed on NYSE as AWR. Its shares trade on NYSE under the ticker AWR.
What is American States Water Co's net worth?
American States Water Co has a market value (market cap) of $3.6B at the latest share price, and shareholders' equity of $1.1B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is American States Water Co profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $143.1M on revenue of $697.5M, a net margin of 20.5%.
How much revenue does American States Water Co make?
Over the twelve months to June 30, 2026 American States Water Co reported revenue of $697.5M. That is 13.2% more than a year earlier.
When did American States Water Co last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026.
When is American States Water Co's next earnings report?
American States Water Co's next report is expected around February 17, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does American States Water Co pay a dividend?
Yes. American States Water Co declared dividends of $1.94 per share in fiscal 2025, a yield of 2.15% at the current price.
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Where the numbers come from
Financial figures are the values American States Water Co tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.