Invesaro

Stocks Comparison

American Water Works vs California Water Service: revenue, profit, margins and growth compared

American Water Works brought in $5.1B of revenue in fiscal 2025, California Water Service $963.7M in fiscal 2025. Revenue changed by +9.7% at American Water Works and +6.4% at California Water Service on the year before, so American Water Works grew faster. American Water Works kept 21.6% of its revenue as net profit, California Water Service 13.3%.

Open the AWK pageOpen the CWT page

Side by side, latest fiscal year

AWKCWT
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$5.1B$963.7M
Revenue growth+9.7%+6.4%
Net income$1.1B$128.2M
Net margin21.6%13.3%
Free cash flow-$1.1Bn/a
Free cash flow margin-20.8%n/a
Earnings per share (diluted)$5.69$2.15
Cash$98M$51.8M
Debt$12.8B$1.5B
Price to earnings23.021.5
Market value$26B$2.9B
Dividend yield2.53%2.69%
Rank by revenue in sector#40 of 109 · Utilities#80 of 109 · Utilities

Over the years

Revenue
AWK FY2018: $3.4BAWK FY2019: $3.6BAWK FY2020: $3.8BAWK FY2021: $3.9BAWK FY2022: $3.8BAWK FY2023: $4.2BAWK FY2024: $4.7BAWK FY2025: $5.1BCWT FY2018: $674.7MCWT FY2019: $664.4MCWT FY2020: $697.6MCWT FY2021: $765.7MCWT FY2022: $772.6MCWT FY2023: $790.3MCWT FY2024: $905.6MCWT FY2025: $963.7MFY18FY19FY20FY21FY22FY23FY24FY25
AWK $5.1BCWT $963.7M
Net income
AWK FY2018: $567MAWK FY2019: $621MAWK FY2020: $709MAWK FY2021: $1.3BAWK FY2022: $820MAWK FY2023: $944MAWK FY2024: $1.1BAWK FY2025: $1.1BCWT FY2018: $65.6MCWT FY2019: $63.1MCWT FY2020: $96.8MCWT FY2021: $101.1MCWT FY2022: $96MCWT FY2023: $51.9MCWT FY2024: $190.8MCWT FY2025: $128.2MFY18FY19FY20FY21FY22FY23FY24FY25
AWK $1.1BCWT $128.2M
Net margin
AWK FY2018: 16.5%AWK FY2019: 17.2%AWK FY2020: 18.8%AWK FY2021: 32.1%AWK FY2022: 21.6%AWK FY2023: 22.3%AWK FY2024: 22.4%AWK FY2025: 21.6%CWT FY2018: 9.7%CWT FY2019: 9.5%CWT FY2020: 13.9%CWT FY2021: 13.2%CWT FY2022: 12.4%CWT FY2023: 6.6%CWT FY2024: 21.1%CWT FY2025: 13.3%FY18FY19FY20FY21FY22FY23FY24FY25
AWK 21.6%CWT 13.3%
Revenue growth
AWK FY2019: +4.9%AWK FY2020: +4.6%AWK FY2021: +4.1%AWK FY2022: -3.5%AWK FY2023: +11.7%AWK FY2024: +10.6%AWK FY2025: +9.7%CWT FY2019: -1.5%CWT FY2020: +5.0%CWT FY2021: +9.8%CWT FY2022: +0.9%CWT FY2023: +2.3%CWT FY2024: +14.6%CWT FY2025: +6.4%FY19FY20FY21FY22FY23FY24FY25
AWK +9.7%CWT +6.4%
Free cash flow
AWK FY2018: -$200MAWK FY2019: -$271MAWK FY2020: -$396MAWK FY2021: -$323MAWK FY2022: -$1.2BAWK FY2023: -$701MAWK FY2024: -$811MAWK FY2025: -$1.1BFY18FY19FY20FY21FY22FY23FY24FY25
AWK -$1.1BCWT

Fiscal years as each company reports them; the two may end in different months.

Questions about American Water Works and California Water Service

Which is bigger by revenue, American Water Works or California Water Service?

American Water Works is bigger by revenue: $5.1B in fiscal 2025, against $963.7M for California Water Service in fiscal 2025.

Which keeps more of its revenue as profit, American Water Works or California Water Service?

American Water Works had a net margin of 21.6% in fiscal 2025; California Water Service had 13.3% in fiscal 2025.

Which grew revenue faster, American Water Works or California Water Service?

In their latest fiscal years revenue changed by +9.7% at American Water Works and +6.4% at California Water Service.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

AWK vs WTRG
AWK vs HTO
AWK vs AWR
CWT vs WTRG
CWT vs HTO
AWR vs CWT

Compare more companies