greeksoup/ stock research
Stock research / United States / AWK · Water Supply · NYSE

American Water Works Company, Inc. (AWK)

American Water has a history dating back to 1886 and describes itself as the largest and most geographically diverse publicly-traded water and wastewater utility company in the United States, measured by both the size of its business and the population it serves. It is a holding company originally incorporated in Delaware in 1936, employing approximately 7,000 people who provide drinking water, wastewater and other related services to approximately 14 million people in 24 states. The majority of the business runs through regulated utilities that provide water and wastewater services, presented as one reportable segment, the Regulated Businesses, with other businesses serving the U.S. government on military installations and serving municipalities reported outside it.

American Water Works Company, Inc.

American Water has a history dating back to 1886 and describes itself as the largest and most geographically diverse publicly-traded water and wastewater utility company in the United States, measured by both the size of its business and the population it serves. It is a holding company originally incorporated in Delaware in 1936, employing approximately 7,000 people who provide drinking water, wastewater and other related services to approximately 14 million people in 24 states. The majority of the business runs through regulated utilities that provide water and wastewater services, presented as one reportable segment, the Regulated Businesses, with other businesses serving the U.S. government on military installations and serving municipalities reported outside it.

The Regulated Businesses

The company owns utilities that provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sale for resale customers. Those utilities operate in 14 states with 3.6 million active customers in their water and wastewater networks, and they are regulated by state public utility commissions, with environmental, health and safety, water quality and water accountability matters regulated by federal, state and local governments.

The filing presents its five largest states separately. Pennsylvania has 814 thousand customers, 22.8 percent of the total, New Jersey 750 thousand at 21.0 percent, Missouri 510 thousand at 14.3 percent, Illinois 376 thousand at 10.5 percent and California 196 thousand at 5.5 percent, together 2,646 thousand or 74.1 percent. The remaining 926 thousand sit across Georgia, Hawaii, Indiana, Iowa, Kentucky, Maryland, Tennessee, Virginia and West Virginia. Of the 3,572 thousand total, 3,242 thousand are water customers and 330 thousand wastewater.

Residential customers make up a substantial portion of the base in every state. The rest are commercial customers such as food and beverage providers, commercial property developers and energy suppliers; fire service customers, where water is supplied through the distribution systems to public fire hydrants and to private fire suppression systems in buildings; industrial customers such as large-scale manufacturers, mining and production operations; public authorities such as government buildings, schools and universities; and other utilities and community water and wastewater systems taking bulk contracts to supply water or treat wastewater for their own customers.

The vast majority of regulated water customers are metered and billed typically monthly, with meter reading ranging from mechanical registers recorded by hand to electronic registers that transmit consumption data to proximity devices or by radio frequency to mobile or fixed network collectors. Wastewater customers are billed either a flat rate or on their water consumption.

What it owns, and what it does not

The Regulated Businesses generally own the physical assets used to store, pump, treat and deliver water and to collect, treat, transport and recycle wastewater. Typically the company does not own the water itself. The water it treats and delivers is held in public trust and allocated to it through contracts, permits and allocation rights granted by federal, state or multi-state agencies, or through ownership of water rights under local law. Supply comes from surface water sources such as reservoirs, lakes, rivers and streams, from groundwater sources such as wells and aquifers, and from water purchased from third-party suppliers. The filing says the level of treatment applied varies significantly depending upon the quality of the water source, with surface water sources typically requiring significant treatment while groundwater sources often require chemical treatment only.

For supply planning the company uses models to determine safe yields under different rainfall and drought conditions, and monitors surface and groundwater levels routinely in an effort to predict and mitigate supply capacity deficits through demand management and additional supply development. In California, where the state has previously had multi-year droughts, it uses numerous groundwater wells in multiple aquifers along with long-term purchase agreements with regional suppliers. One named long-term project there is the Monterey Peninsula Water Supply Project, which includes building a desalination plant and wells to supply it, purchasing water from a groundwater replenishment project, and an expanded aquifer storage and recovery programme, intended among other things to fulfil an obligation to eliminate unauthorised diversions from the Carmel River under state orders.

What it plans to spend

The filing says the company plans to invest between $46 billion and $48 billion over the next 10 years for capital improvements to the Regulated Businesses' water and wastewater infrastructure, including acquisitions, largely for pipe replacement and upgrading aging treatment facilities. It has moved its pipe renewal rate from what was a 250-year replacement cycle in 2009 to less than a 150-year cycle on average over the last five years, and the filing says it anticipates reaching better than a 100-year replacement rate within the next decade, which it describes as generally viewed in the industry as a minimum benchmark for a long-term sustainable rate. The filing says that from 2026 to 2030 its capital investment in treatment plants, storage tanks and other key above-ground facilities is expected to increase.

The military business

The Military Services Group operates on 18 military installations under 50-year contracts with the U.S. government as part of its Utilities Privatization Program. The contracts generally cover the operation and maintenance of each installation's water and wastewater systems plus a capital programme focused on asset replacement and, in some cases, system expansion. Assets assumed when a contract is awarded are replaced either through a discrete set of projects in the first five years or through a long-term recapitalisation programme over the life of the contract, both traditionally funded from the contract fee. Where new assets are needed to support an installation's mission, construction has been funded by the government through separate modifications to the contract.

The proposed merger

On 26 October 2025 the parent company agreed to combine with Essential in a stock-for-stock transaction, and the filing says Essential's shareholders will receive 0.305 shares of American Water common stock for each eligible Essential share. Essential would become a wholly owned subsidiary, and American Water would keep its name and stay headquartered in Camden, New Jersey. Completion is subject to customary conditions, and the filing says the company currently estimates closing will occur by the end of the first quarter of 2027.

From American Water Works' annual report on Form 10-K for the year ended 31 December 2025. The filing

Compare with another name What $10,000 in American Water Works became

Latest results

Latest quarterQ3 FY2026ended 30 September 2026 · 10-Q filed 28 October 2026
Revenue
$1.5 billion
+4.1% on the year · +11.4% on the quarter
Q4 FY2024Q3 FY2026
Net income
$387 million
+2.1% on the year · +22.9% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$1.94
0.0% on the year · +20.5% on the quarter
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

Read the Q3 FY2026 results →the 10-Q on EDGAR ↗
Last full yearFY2025ended 31 December 2025 · 10-K filed 18 February 2026
Revenue
$5.1 billion
+9.7% on the year
FY2018FY2025
Net income
$1.1 billion
+5.7% on the year
FY2018FY2025
Diluted EPS
$5.69
+5.6% on the year
FY2018FY2025

this yearthe year beforeHover a bar for its figure.

The years before, in wordsAmerican Water Works (AWK) reported revenue of $5.1 billion for fiscal 2025, the year ended 31 December 2025, up 9.7% on the year before. Net income was $1.1 billion and diluted earnings per share $5.69. Revenue was $4.7 billion in fiscal 2024, $4.2 billion in fiscal 2023, $3.8 billion in fiscal 2022 and $3.9 billion in fiscal 2021. Net income in the same years was $1.1 billion, $944 million, $820 million and $1.3 billion. Over the twelve months to 30 September 2026, American Water Works reported revenue of $5.3 billion and net income of $1.1 billion. Revenue grew 6.4% a year, compounded, over the five years to fiscal 2025. American Water Works declared $3.44 a share in dividends over the last four quarters and had 199 million shares outstanding at the latest filed count. At the close of 6 November 2026 the market cap of American Water Works was $29.9 billion, 26.1 times its earnings over the last twelve months.
Read the FY2025 results →the 10-K on EDGAR ↗

Ratios

From the filings

ROE9.5%
ROCE7.0%
Operating margin37.0%
Net margin21.3%
FCF margin-21.7%
Interest cover3.0x
Debt to equity1.37x
Cash conversion2.02x
Share count, last 12 months2.0%
Sales CAGR, 3 years10.7%
Profit CAGR, 3 years10.7%
EPS, TTM$5.77

At the close of 6 November 2026

Price$150.31
Market cap$29.9 billion
Stock P/E26.1x
Price to book2.5x
EV / EBITDA15.7x
Dividend yield2.3%
Market cap / sales5.6x
52-week high$152.47
52-week low$121.13
Price, 1 year16.1%
Price CAGR, 3 years5.8%
Price CAGR, 5 years-2.4%

29 ready-made ratios, from FCF yield to net debt to EBITDA, wait on the Formulas page, each with what it tells you. Browse and add them →

Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of American Water Works Company, Inc.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
AWKgreeksoup.ai
Daily prices to 6 November 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. 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. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

Quarterly results

Q4 FY2021Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue9518429371,0829319381,0971,1671,0321,0111,1491,3231,2011,1421,2761,4511,2711,2071,3551,510
Operating income220246327439261295432478299326449543400371489614405391542641
Operating margin23%29%35%41%28%31%39%41%29%32%39%41%33%32%38%42%32%32%40%42%
Interest expensen/an/an/an/an/an/a110117n/a124131132136144151158162163167167
Pre-tax income894193270367178214357407218242361453303270376494282259405499
Tax rate28%18%19%19%17%21%22%21%22%24%23%23%21%24%23%23%16%24%22%22%
Net income645158218297147170280323171185277350239205289379238196315387
Net margin68%19%23%27%16%18%26%28%17%18%24%26%20%18%23%26%19%16%23%26%
Diluted EPS$3.55$0.87$1.20$1.63$0.81$0.91$1.44$1.66$0.88$0.95$1.42$1.80$1.22$1.05$1.48$1.94$1.22$1.00$1.61$1.94
Operating cash flow41215442.0568344285429633527382345679639331301764663305602728
Capital expenditure5594245716027005266276267966096706838945487337971,048659860888
Free cash flow-147-270-529-34.0-356-241-1987.0-269-227-325-4.0-255-217-432-33.0-385-354-258-160
Dividends paid110109119120119119138138137138149149149149162161161162174178
Shares outstanding182m182m182m182m182m195m195m195m195m195m195m195m195m195m195m195m195m195m199m199m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* 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. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. 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.

Income statement (profit and loss)

FY2008FY2009 †FY2010 †FY2011FY2012 †FY2013 †FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue2,3372,2902,5552,6662,8542,8793,0113,1593,3023,3573,4403,6103,7773,9303,7924,2344,6845,1405,343
Operating income-1871847288039259481,0031,0751,0851,2531,1021,2141,2481,1961,2731,5041,7181,8791,979
Operating margin-8.0%8.0%28.5%30.1%32.4%32.9%33.3%34.0%32.9%37.3%32.0%33.6%33.0%30.4%33.6%35.5%36.7%36.6%37.0%
Interest expense285297314312311308298n/an/an/an/an/an/an/a433460523615659
Pre-tax income-451-1064295046316087107827709127878339241,6401,0081,1961,3591,4221,445
Income tax112114174199257237280306302486222212215377188252308311309
Effective tax raten/an/a40.6%39.5%40.7%39.0%39.4%39.1%39.2%53.3%28.2%25.5%23.3%23.0%18.7%21.1%22.7%21.9%21.4%
Net income-562-2332683103583694234764684265676217091,2638209441,0511,1111,136
Net margin-24.1%-10.2%10.5%11.6%12.5%12.8%14.1%15.1%14.2%12.7%16.5%17.2%18.8%32.1%21.6%22.3%22.4%21.6%21.3%
Diluted EPS-$3.52-$1.39$1.53$1.75$2.01$2.06$2.35$2.64$2.62$2.38$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-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree 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

FY2008FY2009 †FY2010 †FY2011FY2012 †FY2013 †FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow5525967758089568961,0971,1951,2891,4491,3861,3831,4261,4411,1081,8742,0452,0592,298
Capital expenditure1,0097857669259299809561,1601,3111,4341,5861,6541,8221,7642,2972,5752,8563,1263,455
Free cash flow-457-1899.3-11727.0-84.114135.0-22.015.0-200-271-396-323-1,189-701-811-1,067-1,157
Free cash flow margin-19.5%-8.3%0.4%-4.4%0.9%-2.9%4.7%1.1%-0.7%0.4%-5.8%-7.5%-10.5%-8.2%-31.4%-16.6%-17.3%-20.8%-21.7%
Cash from investing-1,034-704-747-912-382-1,053-1,014-1,459-1,587-1,672-2,036-1,945-2,061-1,536-2,127-2,815-3,379-3,309-3,235
Cash from financing478120-37.3105-563160-87.02903282077264941,120-3451,0001,1881,1101,249883
Depreciation and amortisation313310330352382408424440470492545582604636649704788894953
Share-based compensation4.57.610.310.011.512.513.011.011.011.016.017.021.017.028.025.036.032.0n/a
Buybacksn/an/an/an/an/an/an/a12665.054.045.036.00.00.0n/an/an/an/an/a
Dividends paid64.1137150158213149216239261289319353389428467532585633675
Dividend per share$0.40$0.82$0.86$1.13$0.98$1.12$1.24$1.36$1.50$1.66$1.82$2.00$2.20$2.41$2.62$2.83$3.06$3.31n/a
Diluted shares, weighted160m168m175m177m178m179m180m180m179m179m180m181m182m182m182m193m195m195m199m
Shares outstanding at period endn/a175m175m176m177m178m179m181mn/an/an/an/an/an/an/an/an/an/a199m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe 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

FY2008FY2009 †FY2010 †FY2011FY2012 †FY2013 †FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity4,1074,0054,1324,2364,4434,7284,9165,0495,2185,3855,8646,1216,4547,2987,6939,79710,33210,83711,931
Non-controlling interestn/an/a4.54.51.70.0n/an/an/an/an/an/an/an/an/an/an/an/an/a
Short-term borrowingsn/a119n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Debtn/a5,3425,6595,8845,5765,8575,9386,5447,1727,7178,6049,45310,94010,98212,38212,36914,03415,84416,334
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/an/a0.089.081.080.070.073.076.074.081.0
Other liabilitiesn/a3,9854,2844,6524,6984,4845,1845,6486,0926,3806,7557,0197,2917,7157,6428,0598,3888,6878,881
Total liabilities and equityn/a13,45314,08014,77614,71915,07016,03817,24118,48219,48221,22322,68224,76626,07527,78730,29832,83035,44237,227
Owned
Fixed assetsn/a10,67710,38211,02111,73912,39113,02913,93314,99216,24617,40918,23219,710n/an/an/an/an/an/a
Goodwilln/a1,1951,1961,1951,2071,2081,2081,3021,3451,3791,5751,5401,5041,1391,1431,1431,1441,1561,307
Intangible assetsn/an/an/an/an/an/an/an/an/a9.084.067.0n/an/an/an/an/an/an/a
Cash and equivalents9.522.313.114.224.027.023.045.075.055.013060.054711685.033096.098.0121
Receivablesn/a75.174.3n/an/an/a232255269272301294321271334339416395473
Other assetsn/a1,4832,4152,5461,7481,4441,5461,7061,8011,5211,7242,4892,68424,54926,22528,48631,17433,79335,326
Total assetsn/a13,45314,08014,77614,71915,07016,03817,24118,48219,48221,22322,68224,76626,07527,78730,29832,83035,44237,227
Filing10-K10-K10-K10-K10-K10-K10-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.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded5.0%6.4%10.7%5.4%
Profit growth, compounded8.8%9.4%10.7%2.2%
Return on equity, average10.6%11.6%10.0%10.3%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn 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.

Questions

What was American Water Works' revenue in fiscal 2025?

American Water Works (AWK) reported revenue of $5.1 billion for fiscal 2025, the year ended 31 December 2025, up 9.7% on the year before.

How much did American Water Works earn in fiscal 2025?

Net income was $1.1 billion for fiscal 2025, and diluted earnings per share $5.69.

What is American Water Works' P/E ratio?

At the close of 6 November 2026, American Water Works traded at 26.1 times its earnings over the twelve months to 30 September 2026.

What is American Water Works' market cap?

The market cap of American Water Works was $29.9 billion at the close of 6 November 2026.

Does American Water Works pay a dividend?

Yes. American Water Works declared $3.44 a share in dividends over the four quarters to 30 September 2026.

Peers: Utilities

CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
American Water Works Company, Inc. AWK$29.9 billion26.059.5%37.0%5.4%1.372.3%
Essential Utilities, Inc. WTRG$13.0 billion22.847.9%72.4%9.2%1.223.2%
American States Water Co. AWR$3.6 billion24.6512.6%32.2%11.1%0.792.3%
California Water Service Group CWT$3.2 billion22.797.2%19.4%4.8%0.862.6%
H2O America HTO$3.0 billion24.704.8%20.7%4.2%0.952.8%
Middlesex Water Co. MSEX$1.1 billion21.639.5%30.5%8.9%0.802.4%
York Water Co. YORW$530 million19.678.5%37.9%13.7%0.652.8%
Consolidated Water Co. Ltd. CWCO$436 million27.527.2%12.3%-1.2%0.002.1%
Artesian Resources Corp. ARTNA$354 million15.049.2%25.0%5.9%0.723.7%
Cadiz Inc. CDZI$300 millionn/a-789.7%-236.1%-21.3%18.65n/a
Pure Cycle Corp. PCYO$262 million17.859.7%37.7%22.9%0.09n/a
Global Water Resources, Inc. GWRS$219 million81.112.6%12.6%9.8%1.414.1%
All 96 in Utilities
CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
NextEra Energy Inc. NEE$182.3 billion15.6718.9%30.0%9.6%1.852.8%
Southern Co. SO$107.5 billion21.1311.1%24.7%7.9%1.653.2%
Duke Energy Corp. DUK$99.7 billion18.719.7%28.5%6.8%1.683.3%
Constellation Energy Corp. CEG$88.7 billion24.3410.8%14.7%26.0%0.770.7%
National Grid plc NGG *$86.4 billion19.038.2%30.7%-3.8%1.192.5%
Williams Companies, Inc. WMB$80.1 billion25.2319.9%37.5%8.8%2.023.2%
Enterprise Products Partners L.P. EPD$79.8 billion12.26n/a12.7%21.5%n/an/a
American Electric Power Co. Inc. AEP$68.9 billion20.6710.2%23.4%11.1%1.603.0%
Kinder Morgan, Inc. KMI$66.7 billion18.4911.4%29.0%11.7%1.053.9%
TC Energy Corporation TRP *$64.5 billion26.4412.9%52.7%10.7%2.203.9%
Dominion Energy, Inc. D$60.4 billion22.799.1%22.5%21.5%1.663.9%
Cheniere Energy, Inc. LNG$56.8 billion19.4046.3%28.1%22.5%3.680.8%
Targa Resources Corp. TRGP$56.7 billion23.4164.1%22.5%4.7%5.201.7%
ONEOK Inc. OKE$53.7 billion13.2317.4%14.2%36.8%1.225.0%
Entergy Corp. ETR$52.8 billion25.4110.3%24.6%10.3%1.752.3%
Sempra SRE$51.1 billion16.759.2%n/a-0.9%1.123.3%
Xcel Energy Inc. XEL$50.6 billion18.5710.5%21.7%4.5%1.592.9%
Exelon Corp. EXC$47.2 billion17.708.8%19.8%6.7%1.773.6%
Consolidated Edison Inc. ED$44.0 billion18.988.7%18.7%9.0%1.05n/a
Vistra Corp. VST$41.9 billion21.0440.5%18.5%3.8%3.570.7%
WEC Energy Group, Inc. WEC$38.1 billion21.0412.1%23.5%8.1%1.523.2%
Public Service Enterprise Group Inc. PEG$36.2 billion20.5110.2%21.6%5.3%1.483.6%
Ameren Corp. AEE$31.2 billion19.6211.3%25.2%-0.3%1.552.6%
American Water Works Company, Inc. AWK$29.9 billion26.059.5%37.0%5.4%1.372.3%
Atmos Energy Corp. ATO$29.3 billion20.679.2%37.0%6.5%0.682.0%
Venture Global, Inc. VG$28.8 billion9.0838.9%37.6%100.7%4.880.3%
Pg&E Corp. PCG$28.6 billion9.618.6%20.2%4.1%1.88n/a
DTE Energy Co. DTE$28.2 billion20.5810.8%13.1%12.4%2.253.3%
Cheniere Energy Partners, L.P. CQP$27.8 billionn/an/a34.2%13.2%n/an/a
Centerpoint Energy Inc. CNP$27.0 billion23.259.8%24.4%7.8%2.122.3%
PPL Corp. PPL$27.0 billion20.478.6%24.5%7.5%1.333.1%
Firstenergy Corp. FE$26.9 billion22.339.3%14.9%12.2%2.323.8%
Eversource Energy ES$26.3 billion18.438.7%21.5%4.6%1.764.5%
Edison International EIX$22.8 billion6.3220.3%31.8%2.6%2.335.9%
CMS Energy Corp. CMS$21.7 billion24.719.0%13.8%8.2%2.063.3%
Nisource Inc. NI$21.2 billion22.649.8%27.4%10.0%1.912.7%
Evergy, Inc. EVRG$20.5 billion19.499.7%27.4%8.5%1.473.2%
Alliant Energy Corp. LNT$18.9 billion20.2512.0%22.6%5.4%1.612.9%
NRG Energy, Inc. NRG$18.6 billion22.9217.5%6.1%12.8%4.822.1%
Western Midstream Partners, LP WES$16.5 billion12.91n/a38.5%22.3%n/an/a
Talen Energy Corp. TLN$16.0 billionn/a-16.1%2.0%71.9%6.06n/a
Essential Utilities, Inc. WTRG$13.0 billion22.847.9%72.4%9.2%1.223.2%
Pinnacle West Capital Corp. PNW$12.6 billion19.598.8%20.7%7.5%1.533.5%
DT Midstream, Inc. DTM$11.6 billion24.759.8%49.4%13.4%0.683.0%
OGE Energy Corp. OGE$10.5 billion19.0310.6%25.8%2.4%1.123.4%
Antero Midstream Corp. AM$9.0 billion13.3730.5%81.3%7.3%1.424.7%
Entergy Arkansas, LLC EAI$8.7 billion4.1910.3%24.6%n/a1.7513.4%
Idacorp Inc. IDA$8.6 billion22.519.2%23.5%4.5%0.952.4%
UGI Corp. UGI$7.9 billion12.3912.9%16.2%-0.5%1.354.0%
Kinetik Holdings Inc. KNTK$7.9 billion16.31n/a12.2%15.8%n/a6.6%
Clearway Energy, Inc. CWEN$7.0 billion44.271.7%13.4%9.9%1.665.4%
National Fuel Gas Co. NFG$7.0 billion10.2117.2%40.3%15.1%0.912.9%
Southwest Gas Holdings, Inc. SWX$6.6 billionn/an/an/an/a0.862.8%
Black Hills Corp. BKH$6.5 billion20.418.0%24.3%2.8%1.133.3%
Txnm Energy Inc. TXNM$6.4 billion28.076.3%24.4%10.0%1.652.9%
Ormat Technologies, Inc. ORA$5.7 billion42.745.1%16.7%28.6%0.600.5%
New Jersey Resources Corp. NJR$5.5 billion15.0113.9%24.8%6.4%1.403.5%
Portland General Electric Co. POR$5.5 billion19.736.3%14.4%1.2%1.164.6%
Spire Inc. SR$5.2 billion9.9015.3%19.7%4.1%2.033.7%
NorthWestern Energy Group, Inc. NWE$5.1 billion31.225.7%18.1%10.1%1.273.2%
One Gas, Inc. OGS$5.1 billion17.258.3%21.1%-1.9%1.003.3%
Archrock, Inc. AROC$4.8 billion14.2021.4%n/a3.7%1.473.2%
Kodiak Gas Services, Inc. KGS$4.2 billion49.563.7%27.4%8.2%1.264.6%
MDU Resources Group Inc. MDU$4.0 billion20.026.5%17.1%-0.7%0.873.0%
American States Water Co. AWR$3.6 billion24.6512.6%32.2%11.1%0.792.3%
Chesapeake Utilities Corp. CPK$3.4 billion22.129.0%27.2%13.9%1.042.0%
Avista Corp. AVA$3.4 billion13.498.7%18.9%-1.4%1.194.9%
Otter Tail Corp. OTTR$3.3 billion18.719.2%15.2%0.0%0.652.9%
California Water Service Group CWT$3.2 billion22.797.2%19.4%4.8%0.862.6%
H2O America HTO$3.0 billion24.704.8%20.7%4.2%0.952.8%
MGE Energy Inc. MGEE$3.0 billion18.5510.9%22.5%8.0%0.632.3%
Fervo Energy Co. FRVO$2.7 billionn/an/an/an/a0.08n/a
Northwest Natural Holding Co. NWN$2.2 billion17.138.3%22.9%3.2%1.843.8%
Centuri Holdings, Inc. CTRI$2.1 billion36.326.0%3.1%31.5%0.90n/a
NGL Energy Partners LP NGL$1.9 billionn/an/a1.9%18.0%n/an/a
NextDecade Corp. NEXT$1.6 billionn/a-83.8%n/an/a107.19n/a
Hawaiian Electric Industries Inc. HE$1.5 billion6.3912.8%10.5%13.6%1.28n/a
New Fortress Energy Inc. NFE$1.3 billionn/an/a-84.3%-36.9%n/an/a
Excelerate Energy, Inc. EE$1.2 billion25.252.1%23.8%16.2%0.460.9%
Middlesex Water Co. MSEX$1.1 billion21.639.5%30.5%8.9%0.802.4%
Unitil Corp. UTL$1.0 billion18.318.6%18.6%21.1%1.543.3%
Xplr Infrastructure, LP XIFR$689 million4.601.4%6.4%-1.1%0.57n/a
York Water Co. YORW$530 million19.678.5%37.9%13.7%0.652.8%
Hallador Energy Co. HNRG$476 million505.00-0.5%3.7%6.5%0.23n/a
Genie Energy Ltd. GNE$462 million16.1810.9%5.2%1.7%0.031.7%
Consolidated Water Co. Ltd. CWCO$436 million27.527.2%12.3%-1.2%0.002.1%
Clean Energy Fuels Corp. CLNE$421 millionn/a-13.6%-4.0%6.3%0.39n/a
Montauk Renewables, Inc. MNTK$388 million54.203.0%0.6%4.3%0.57n/a
Artesian Resources Corp. ARTNA$354 million15.049.2%25.0%5.9%0.723.7%
Cadiz Inc. CDZI$300 millionn/a-789.7%-236.1%-21.3%18.65n/a
Summit Midstream Corp. SMC$288 millionn/a-0.6%14.6%20.9%2.07n/a
Pure Cycle Corp. PCYO$262 million17.859.7%37.7%22.9%0.09n/a
RGC Resources Inc. RGCO$241 million17.2911.4%17.3%13.8%1.213.7%
Global Water Resources, Inc. GWRS$219 million81.112.6%12.6%9.8%1.414.1%
Stabilis Solutions, Inc. SLNG$67 millionn/a-15.0%-19.4%-30.3%0.14n/a
Ocean Power Technologies, Inc. OPTT$4 millionn/an/a-1,088.8%-25.8%1.17n/a
11 companies share its SEC industry code (Water Supply); the rest are the names nearest in size in its wider industry, Utilities, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

The public record on AWK

Dividends$3.445 a share over the four quarters to 30 September 2026, a 2.29% yield
Filings36 in twelve months: 25 current reports (8-K), about 17 other events; 4 results of operations; 4 regulation FD disclosure; 2 shareholder vote; 1 officer or director change
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.49 by open interest at the 6 November 2026 close; the straddle prices a 4.3% move to 20 November 2026
13F holders1,136 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading0 sales and 0 purchases on Form 4 in twelve months
Congress1 House trade disclosed in six months
Short interest14.1 million shares short, 7.00 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Filings

FilingPeriodFiledWhere
10-Q30 September 202628 October 2026EDGAR
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

Reading about a stock somewhere else? Our free Chrome extension, GreekSoup Stock Ticker Lookup: Earnings, Insider Trades, 13F Holders, shows the latest quarter against a year ago, insider trades and 13F holders when you hover a $ticker such as $AAPL.