American States Water (AWR) FY2022 results: revenue $492 million, down 1.5% on the year
American States Water Co. (AWR) reported revenue of $492 million for fiscal 2022, the year ended 31 December 2022, down 1.5% on the year before. Net income was $78 million, down 16.9%, and diluted earnings per share $2.11. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2023.
Revenue
$492 million
-1.5% on the year
FY2015FY2022
Operating margin
25.8%
28.3% a year earlier
FY2015FY2022
Net income
$78 million
-16.9% on the year
FY2015FY2022
Diluted EPS
$2.11
-17.3% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
118
116
122
+1.9%
Capital expenditure
166
145
130
+15.0%
Free cash flow
-48.4
-28.9
-8.3
Free cash flow margin
-9.9%
-5.8%
-1.7%
Cash from investing
-167
-145
-132
Cash from financing
50.3
-2.3
44.8
Depreciation and amortisation
41.3
39.6
36.9
+4.3%
Share-based compensation
2.6
2.6
2.5
+0.2%
Dividends paid
56.4
51.7
47.2
+9.0%
Dividend per share
$1.52
$1.40
$1.28
+8.9%
Diluted shares, weighted
37m
37m
37m
+0.1%
Shares outstanding at period end
37m
37m
37m
+0.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
710
686
642
+3.4%
Debt
724
618
575
+17.2%
Operating lease liabilities
8.1
8.9
9.6
-9.3%
Other liabilities
592
588
565
+0.7%
Total liabilities and equity
2,034
1,901
1,792
+7.0%
Fixed assets
1,754
1,626
1,512
+7.9%
Goodwill
1.1
1.1
1.1
0.0%
Intangible assets
5.1
4.0
5.9
+27.0%
Cash and equivalents
6.0
5.0
36.7
+20.8%
Receivables
26.2
34.4
29.2
-23.9%
Other assets
242
230
207
+5.1%
Total assets
2,034
1,901
1,792
+7.0%
10-K for the year ended 31 December 2022, filed 1 March 2023: the filing.