American States Water (AWR) FY2021 results: revenue $499 million, up 2.2% on the year
American States Water Co. (AWR) reported revenue of $499 million for fiscal 2021, the year ended 31 December 2021, up 2.2% on the year before. Net income was $94 million, up 9.2%, and diluted earnings per share $2.55. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2022.
Revenue
$499 million
+2.2% on the year
FY2014FY2021
Operating margin
28.3%
26.7% a year earlier
FY2014FY2021
Net income
$94 million
+9.2% on the year
FY2014FY2021
Diluted EPS
$2.55
+9.4% on the year
FY2014FY2021
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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
116
122
117
-5.4%
Capital expenditure
145
130
152
+10.8%
Free cash flow
-28.9
-8.3
-35.1
Free cash flow margin
-5.8%
-1.7%
-7.4%
Cash from investing
-145
-132
-153
Cash from financing
-2.3
44.8
30.5
Depreciation and amortisation
39.6
36.9
35.4
+7.5%
Share-based compensation
2.6
2.5
2.5
+4.2%
Dividends paid
51.7
47.2
42.7
+9.5%
Dividend per share
$1.40
$1.28
$1.16
+9.4%
Diluted shares, weighted
37m
37m
37m
+0.0%
Shares outstanding at period end
37m
37m
37m
+0.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
686
642
602
+6.9%
Debt
618
575
486
+7.5%
Operating lease liabilities
8.9
9.6
11.7
-7.4%
Other liabilities
588
565
542
+4.0%
Total liabilities and equity
1,901
1,792
1,641
+6.1%
Fixed assets
1,626
1,512
1,416
+7.5%
Goodwill
1.1
1.1
1.1
0.0%
Intangible assets
4.0
5.9
5.7
-31.1%
Cash and equivalents
5.0
36.7
1.3
-86.5%
Receivables
34.4
29.2
20.9
+18.0%
Other assets
230
207
197
+11.5%
Total assets
1,901
1,792
1,641
+6.1%
10-K for the year ended 31 December 2021, filed 22 February 2022: the filing.