American Water Works (AWK) FY2024 results: revenue $4.7 billion, up 10.6% on the year
American Water Works Company, Inc. (AWK) reported revenue of $4.7 billion for fiscal 2024, the year ended 31 December 2024, up 10.6% on the year before. Net income was $1.1 billion, up 11.3%, and diluted earnings per share $5.39. The figures are the company's own, from the 10-K it filed with the SEC on 19 February 2025.
Revenue
$4.7 billion
+10.6% on the year
FY2017FY2024
Operating margin
36.7%
35.5% a year earlier
FY2017FY2024
Net income
$1.1 billion
+11.3% on the year
FY2017FY2024
Diluted EPS
$5.39
+10.0% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. 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.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
2,045
1,874
1,108
+9.1%
Capital expenditure
2,856
2,575
2,297
+10.9%
Free cash flow
-811
-701
-1,189
Free cash flow margin
-17.3%
-16.6%
-31.4%
Cash from investing
-3,379
-2,815
-2,127
Cash from financing
1,110
1,188
1,000
-6.6%
Depreciation and amortisation
788
704
649
+11.9%
Share-based compensation
36.0
25.0
28.0
+44.0%
Dividends paid
585
532
467
+10.0%
Dividend per share
$3.06
$2.83
$2.62
+8.1%
Diluted shares, weighted
195m
193m
182m
+1.0%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
10,332
9,797
7,693
+5.5%
Debt
14,034
12,369
12,382
+13.5%
Operating lease liabilities
76.0
73.0
70.0
+4.1%
Other liabilities
8,388
8,059
7,642
+4.1%
Total liabilities and equity
32,830
30,298
27,787
+8.4%
Goodwill
1,144
1,143
1,143
+0.1%
Cash and equivalents
96.0
330
85.0
-70.9%
Receivables
416
339
334
+22.7%
Other assets
31,174
28,486
26,225
+9.4%
Total assets
32,830
30,298
27,787
+8.4%
10-K for the year ended 31 December 2024, filed 19 February 2025: the filing.