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Stocks / United States / AWK · Water Supply · NYSE

American Water Works Company, Inc. (AWK)

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American Water Works Company, Inc. (AWK) reported revenue of $1.4 billion for Q2 FY2026, the quarter ended 30 June 2026, up 6.1% on the same quarter a year earlier. Net income was $315 million, up 9.0% on the year, and diluted earnings per share $1.61. The figures are the company's own, from the 10-Q it filed with the SEC on 29 July 2026.

Revenue$1.4 billionup 6.1%
Net income$315 millionup 9.0%
Diluted EPS$1.61
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE9.7%
ROCE7.6%
Operating margin37.1%
Net margin21.4%
FCF margin-19.6%
Interest cover3.00
Debt to equity1.20
Cash conversion2.07
Share count, 1 year1.9%
Sales CAGR, 3 years10.8%
Profit CAGR, 3 years10.7%
EPS, TTM$5.77

At the close of 21 September 2026

Price$133.97
Market cap$26.6 billion
Stock P/E23.22
Price to book2.28
EV / EBITDA14.02
Dividend yield2.5%
Market cap / sales5.05
52-week high$145.43
52-week low$121.13
Price, 1 year-0.8%
Price CAGR, 3 years0.4%
Price CAGR, 5 years-5.5%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on the one borrowings figure American Water Works Company, Inc. files, which has finance leases inside it; operating leases are a separate line. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on AWK

Filings37 in twelve months: 26 current reports (8-K), about 17 other events; 6 regulation fd disclosure; 4 results of operations; 2 shareholder vote; 1 officer or director change
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.5 by open interest on 23 September 2026; the straddle prices a 4.0% move to 16 October 2026
Holders7 of the followed funds hold it; largest Geode Capital Management; 5 Schedule 13D or 13G filings in twelve months
Insider trading0 sales and 0 purchases on Form 4 in twelve months
Congress2 House trades disclosed in six months
Short interest11.7 million shares short, 5.57 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue1,1701,0341,0031,1401,3281,1821,1341,2721,4541,2611,2031,350
Operating income478299326449543400371489614405391542
Operating margin41%29%33%39%41%34%33%38%42%32%33%40%
Interest expense117n/a124131132136144151158162163167
Pre-tax income407218242361453303270376494282259405
Tax rate21%22%24%23%23%21%24%23%23%16%24%22%
Net income323171185277350239205289379238196315
Net margin28%17%18%24%26%20%18%23%26%19%16%23%
Diluted EPS$1.66$0.88$0.95$1.42$1.80$1.22$1.05$1.48$1.94$1.22$1.00$1.61
Operating cash flow633527382345679639331301764663305602
Capital expenditure6267966096706838945487337971,048659860
Free cash flow7.0-269-227-325-4.0-255-217-432-33.0-385-354-258
Dividends paid138137138149149149149162161161162174
Shares outstanding195m195m195m195m195m195m195m195m195m195m195m199m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2011FY2012 FY2013 FY2014 FY2018 FY2019 FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue2,6662,8542,8793,0113,4173,5873,7433,9143,7634,2174,6535,1215,268
Operating income8039259481,0031,1021,2141,2481,1961,2731,5041,7181,8791,952
Operating margin30.1%32.4%32.9%33.3%32.3%33.8%33.3%30.6%33.8%35.7%36.9%36.7%37.1%
Interest expense312311308298n/an/an/an/a433460523615650
Pre-tax income5046316087107878339241,6401,0081,1961,3591,4221,440
Income tax199257237280222212215377188252308311312
Effective tax rate39.5%40.7%39.0%39.4%28.2%25.5%23.3%23.0%18.7%21.1%22.7%21.9%21.7%
Net income3103583694235676217091,2638209441,0511,1111,128
Net margin11.6%12.5%12.8%14.1%16.6%17.3%18.9%32.3%21.8%22.4%22.6%21.7%21.4%
Diluted EPS$1.75$2.01$2.06$2.35$3.15$3.43$3.91$6.95$4.51$4.90$5.39$5.69$5.77
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2011FY2012 FY2013 FY2014 FY2018 FY2019 FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow8089568961,0971,3861,3831,4261,4411,1081,8742,0452,0592,334
Capital expenditure9259299809561,5861,6541,8221,7642,2972,5752,8563,1263,364
Free cash flow-11727.0-84.1141-200-271-396-323-1,189-701-811-1,067-1,030
Free cash flow margin-4.4%0.9%-2.9%4.7%-5.9%-7.6%-10.6%-8.3%-31.6%-16.6%-17.4%-20.8%-19.6%
Depreciation and amortisation352382408424545582604636649704788894934
Share-based compensation10.011.512.513.016.017.021.017.028.025.036.032.0n/a
Buybacksn/an/an/an/a45.036.00.00.0n/an/an/an/an/a
Dividends paid158213149216319353389428467532585633658
Dividend per share$1.13$0.98$1.12$1.24$1.82$2.00$2.20$2.41$2.62$2.83$3.06$3.31n/a
Diluted shares, weighted177m178m179m180m180m181m182m182m182m193m195m195m196m
Shares outstanding at period end176m177m178m179mn/an/an/an/an/an/an/an/a199m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2011FY2012 FY2013 FY2014 FY2018 FY2019 FY2020FY2021FY2022FY2023FY2024FY2025TTM
Total assets14,77614,71915,07016,03821,22322,68224,76626,07527,78730,29832,83035,44236,453
Cash and equivalents14.224.027.023.013060.054711685.033096.098.0191
Receivablesn/an/an/a232301294321271334339416395432
Goodwill1,1951,2071,2081,2081,5751,5401,5041,1391,1431,1431,1441,1561,282
Long-term debt5,3905,3255,2445,4917,6388,6649,656n/an/an/an/an/an/a
Long-term debt including finance leasesn/an/a5,2135,4337,5698,6399,32910,34110,92611,71512,51812,77714,043
Borrowings, as the company tags them5,3405,2785,2045,4757,6568,6929,68810,43311,24012,22213,19314,303n/a
Operating lease liabilitiesn/an/an/an/a0.089.081.080.070.073.076.074.070.0
Shareholders' equity4,2364,4434,7284,9165,8646,1216,4547,2987,6939,79710,33210,83711,665
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a6.5%10.8%7.2%
Profit growth, compoundedn/a9.4%10.7%4.2%
Return on equity, averagen/a11.6%10.0%10.3%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Filings

FilingPeriodFiledWhere
10-Q30 June 202629 July 2026EDGAR
10-Q31 March 202629 April 2026EDGAR
10-K31 December 202518 February 2026EDGAR
10-Q30 September 202529 October 2025EDGAR
10-Q30 June 202530 July 2025EDGAR
10-Q31 March 202530 April 2025EDGAR
10-K31 December 202419 February 2025EDGAR
10-Q30 September 202430 October 2024EDGAR
10-Q30 June 202431 July 2024EDGAR
10-Q31 March 20241 May 2024EDGAR

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