What is American Water Works Company, Inc's earnings per share (EPS)?

American Water Works Company, Inc (AWK) reported diluted earnings per share of $5.69 for fiscal year 2025. This represents a 5.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

American Water Works Company (AWK) Financials

AWK NYSE

Trailing 12 months to June 30, 2026

Revenue $5.3B +7.2% YoY

Net Income $1.1B +4.2% YoY

EPS (Diluted) $5.77 +4.0% YoY

Free Cash Flow -$1.0B n/m YoY

Market Cap $28.2B as of Oct 26, 2026

Price / Sales 5.3x on $5.3B revenue, trailing 12 months to June 30, 2026

Price / Earnings 25.0x on $1.1B net income, trailing 12 months to June 30, 2026

Price / Book 2.4x on $11.7B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 29, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AWK SEC filings page.

American Water Works Company, Inc (AWK) reported $5.3B in revenue over the twelve months to Jun 30, 2026, up 7.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AWK FY2025 2026-10-24

American Water’s growth is capital-intensive: operating cash funds operations, but expansion requires financing beyond internally generated cash.

The key pattern is a widening reinvestment gap: FY2025 operating cash flow was $2.1B against capital spending of $3.1B, leaving internally generated cash below the investment needed to maintain and expand the asset base. From FY2023 to FY2025, assets increased 17.0% while liabilities increased 20.0%, indicating that growth was accompanied by greater reliance on external funding.

In FY2025, revenue increased 10.1% while operating income increased 9.4%, so additional sales translated into slightly less operating profit than top-line growth. Interest expense rose 17.6% while net income rose only 5.7%, showing that financing costs absorbed much of the operating improvement before it reached earnings.

The balance sheet is structurally leveraged and tight on near-term coverage: the current ratio was 0.5x, while liabilities represented 69.4% of assets. Dividends paid rose 8.2% even as free-cash-flow margin fell 3.4 percentage points, so shareholder distributions continued alongside a widening reinvestment shortfall.

Financial Health Signals

Financial Health Score 53/100

Scored as: Utilities peer group

Scored against utilities for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of American Water Works Company, Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

American Water Works Company, Inc has an operating margin of 36.7%, meaning the company retains $37 of operating profit per $100 of revenue. This strong profitability earns a score of 79/100, reflecting efficient cost management and pricing power. This is down from 36.9% the prior year.

Growth

American Water Works Company, Inc's revenue grew 10.1% year-over-year to $5.1B, a solid pace of expansion. This earns a growth score of 82/100.

Leverage

American Water Works Company, Inc has a moderate D/E ratio of 1.18. This balance of debt and equity financing earns a leverage score of 44/100.

Liquidity

American Water Works Company, Inc's current ratio of 0.46 is below the typical benchmark, resulting in a score of 11/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While American Water Works Company, Inc generated $2.1B in operating cash flow, capex of $3.1B consumed most of it, leaving -$1.1B in free cash flow. This results in a low score of 24/100, reflecting heavy capital investment rather than weak cash generation.

Returns

American Water Works Company, Inc earns a strong 10.3% return on equity (ROE), meaning it generates $10 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 77/100. This is up from 10.2% the prior year.

Altman Z-Score Distress

1.02

American Water Works Company, Inc scores 1.02, below the 1.81 distress threshold. The score is pulled down most by current liabilities exceeding current assets by $2.6B against total assets of $35.4B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

6/8

American Water Works Company, Inc passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.

Earnings Quality Cash-Backed

1.85x

For every $1 of reported earnings, American Water Works Company, Inc generates $1.85 in operating cash flow ($2.1B OCF vs $1.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

3.06x

American Water Works Company, Inc earns $3.06 in operating income for every $1 of interest expense ($1.9B vs $615.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.4B

YoY+6.1%

QoQ+12.2%

5Y CAGR+6.4%

American Water Works Company, Inc generated $1.4B in revenue in Q2 2026. This represents an increase of 6.1% from the same quarter a year earlier. Against the prior quarter it is up 12.2%.

EBITDA

$782.0M

YoY+10.1%

QoQ+24.5%

5Y CAGR+9.9%

10Y CAGR+6.6%

American Water Works Company, Inc's EBITDA was $782.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.1% from the same quarter a year earlier. Against the prior quarter it is up 24.5%.

Net Income

$315.0M

YoY+9.0%

QoQ+60.7%

5Y CAGR+8.8%

10Y CAGR+8.7%

American Water Works Company, Inc reported $315.0M in net income in Q2 2026. This represents an increase of 9.0% from the same quarter a year earlier. Against the prior quarter it is up 60.7%.

EPS (Diluted)

$1.61

YoY+8.8%

QoQ+61.0%

5Y CAGR+7.1%

10Y CAGR+7.7%

American Water Works Company, Inc earned $1.61 per diluted share (EPS) in Q2 2026. This represents an increase of 8.8% from the same quarter a year earlier. Against the prior quarter it is up 61.0%.

Cash & Balance Sheet

Free Cash Flow

-$258.0M

YoYn/m

QoQn/m

5Y CAGRn/m

10Y CAGRn/m

American Water Works Company, Inc recorded an outflow of $258.0M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Debt

$191.0M

YoY+103.2%

QoQ+39.4%

5Y CAGR+22.2%

10Y CAGR+13.9%

American Water Works Company, Inc held $191.0M in cash against $14.0B in long-term debt as of Q2 2026.

Dividends Per Share

$0.90

YoY+8.2%

American Water Works Company, Inc paid $0.90 per share in dividends in Q2 2026. This represents an increase of 8.2% from the same quarter a year earlier.

Shares Outstanding

199M

YoY+1.9%

QoQ+1.8%

5Y CAGR+1.8%

10Y CAGR+1.1%

American Water Works Company, Inc had 199M shares outstanding in Q2 2026. This represents an increase of 1.9% from the same quarter a year earlier. Against the prior quarter it is up 1.8%.

Margins & Returns

Operating Margin

40.2%

YoY+1.7pp

QoQ+7.7pp

5Y change+6.8pp

American Water Works Company, Inc's operating margin was 40.2% in Q2 2026, reflecting core business profitability. This is up 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.7 percentage points.

Net Margin

23.3%

YoY+0.6pp

QoQ+7.0pp

5Y change+2.4pp

American Water Works Company, Inc's net profit margin was 23.3% in Q2 2026, showing the share of revenue converted to profit. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.0 percentage points.

Return on Equity

2.7%

YoY0.0pp

QoQ+0.9pp

5Y change-0.4pp

10Y change0.0pp

American Water Works Company, Inc's quarterly ROE was 2.7% in Q2 2026: one quarter's net income over shareholder equity, not annualized. That is unchanged from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$860.0M

YoY+17.3%

QoQ+30.5%

5Y CAGR+16.0%

10Y CAGR+10.6%

American Water Works Company, Inc invested $860.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 17.3% from the same quarter a year earlier. Against the prior quarter it is up 30.5%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

AWK Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AWK quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$5.3B	$5.1B+10.1%	$4.7B+10.3%	$4.2B+12.1%	$3.8B-3.9%	$3.9B+4.6%	$3.7B+4.3%	$3.6B+5.0%	$3.4B	N/A	N/A	N/A	$3.0B+4.6%	$2.9B+0.9%	$2.9B+7.0%	$2.7B
Operating Income	$2.0B	$1.9B+9.4%	$1.7B+14.2%	$1.5B+18.1%	$1.3B+6.4%	$1.2B-4.2%	$1.2B+2.8%	$1.2B+10.2%	$1.1B-12.1%	$1.3B+15.5%	$1.1B+0.9%	$1.1B+7.2%	$1.0B+5.8%	$948.0M+2.6%	$924.1M+15.1%	$803.1M
EBITDA	N/A	$2.8B+10.7%	$2.5B+13.5%	$2.2B+14.9%	$1.9B+4.9%	$1.8B-1.1%	$1.9B+3.1%	$1.8B+9.0%	$1.6B-5.6%	$1.7B+12.2%	$1.6B+2.6%	$1.5B+6.2%	$1.4B+5.3%	$1.4B+3.8%	$1.3B+13.0%	$1.2B
Interest Expense	$650.0M	$615.0M+17.6%	$523.0M+13.7%	$460.0M+6.2%	$433.0M	N/A	$395.0M+3.4%	$382.0M+9.1%	$350.0M+2.3%	$342.0M+5.2%	$325.0M+5.5%	$308.0M+3.4%	$297.8M-3.4%	$308.2M-0.8%	$310.8M-0.5%	$312.4M
Income Tax	$312.0M	$311.0M+1.0%	$308.0M+22.2%	$252.0M+34.0%	$188.0M-50.1%	$377.0M+75.3%	$215.0M+1.4%	$212.0M-4.5%	$222.0M-54.3%	$486.0M+60.9%	$302.0M-1.3%	$306.0M+9.3%	$280.0M+18.1%	$237.0M-7.7%	$256.8M+29.2%	$198.8M
Net Income	$1.1B	$1.1B+5.7%	$1.1B+11.3%	$944.0M+15.1%	$820.0M-35.1%	$1.3B+78.1%	$709.0M+14.2%	$621.0M+9.5%	$567.0M+33.1%	$426.0M-9.0%	$468.0M-1.7%	$476.0M+12.5%	$423.0M+14.6%	$369.0M+3.1%	$358.1M+15.7%	$309.6M
EPS (Basic)	N/A	$5.69+5.6%	$5.39+10.0%	$4.90+8.6%	$4.51-35.2%	$6.96+78.0%	$3.91+13.7%	$3.44+8.9%	$3.16+32.2%	$2.39-9.1%	$2.63-1.1%	$2.66+12.7%	$2.36+13.5%	$2.08+2.5%	$2.03+15.3%	$1.76
EPS (Diluted)	$5.77	$5.69+5.6%	$5.39+10.0%	$4.90+8.6%	$4.51-35.1%	$6.95+77.7%	$3.91+14.0%	$3.43+8.9%	$3.15+32.4%	$2.38-9.2%	$2.62-0.8%	$2.64+12.3%	$2.35+14.1%	$2.06+2.5%	$2.01+14.9%	$1.75
Diluted Shares (Avg)	N/A	195M0.0%	195M+1.0%	193M+6.0%	182M0.0%	182M0.0%	182M+0.6%	181M+0.6%	180M+0.6%	179M0.0%	179M-0.6%	180M0.0%	180M+0.6%	179M+0.7%	178M+0.6%	177M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$1.4B+6.1%	$1.2B+6.1%	$1.3B+6.7%	$1.5B+9.5%	$1.3B+11.6%	$1.1B+13.1%	$1.2B+14.3%	$1.3B+13.5%
Operating Income	$542.0M+10.8%	$391.0M+5.4%	$405.0M+1.3%	$614.0M+13.1%	$489.0M+8.9%	$371.0M+13.8%	$400.0M+33.8%	$543.0M+13.6%
EBITDA	$782.0M+10.1%	$628.0M+7.0%	$636.0M+4.8%	$840.0M+13.1%	$710.0M+10.6%	$587.0M+14.2%	$607.0M+26.5%	$743.0M+13.4%
Interest Expense	$167.0M+10.6%	$163.0M+13.2%	$162.0M+19.1%	$158.0M+19.7%	$151.0M+15.3%	$144.0M+16.1%	$136.0M	$132.0M+12.8%
Income Tax	$90.0M+3.4%	$63.0M-3.1%	$44.0M-31.3%	$115.0M+11.7%	$87.0M+3.6%	$65.0M+14.0%	$64.0M+36.2%	$103.0M+22.6%
Net Income	$315.0M+9.0%	$196.0M-4.4%	$238.0M-0.4%	$379.0M+8.3%	$289.0M+4.3%	$205.0M+10.8%	$239.0M+39.8%	$350.0M+8.4%
EPS (Basic)	$1.61+8.8%	$1.00-4.8%	$1.220.0%	$1.94+7.8%	$1.48+4.2%	$1.05+10.5%	$1.22+38.6%	$1.80+8.4%
EPS (Diluted)	$1.61+8.8%	$1.00-4.8%	$1.220.0%	$1.94+7.8%	$1.48+4.2%	$1.05+10.5%	$1.22+38.6%	$1.80+8.4%
Diluted Shares (Avg)	196M+0.5%	195M0.0%	N/A	195M0.0%	195M0.0%	195M0.0%	N/A	195M0.0%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.

AWK Balance Sheet

AWK quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$35.4B+8.0%	$32.8B+8.4%	$30.3B+9.0%	$27.8B+6.6%	$26.1B+5.3%	$24.8B+9.2%	$22.7B+6.9%	$21.2B+8.9%	$19.5B+5.4%	$18.5B+7.2%	$17.2B+7.5%	$16.0B+6.5%	$15.1B+2.3%	$14.7B-0.4%	$14.8B
Current Assets	$2.2B+80.3%	$1.2B-12.5%	$1.4B+11.1%	$1.3B-19.6%	$1.6B-18.5%	$1.9B+48.3%	$1.3B+64.5%	$781.0M+8.5%	$720.0M-8.2%	$784.0M+19.3%	$657.0M+14.3%	$575.0M+0.6%	$571.8M+14.5%	$499.4M-64.3%	$1.4B
Cash & Equivalents	$98.0M+2.1%	$96.0M-70.9%	$330.0M+288.2%	$85.0M-26.7%	$116.0M-78.8%	$547.0M+811.7%	$60.0M-53.8%	$130.0M+136.4%	$55.0M-26.7%	$75.0M+66.7%	$45.0M+95.7%	$23.0M-14.8%	$27.0M+12.5%	$24.0M+68.9%	$14.2M
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Accounts Receivable	$395.0M-5.0%	$416.0M+22.7%	$339.0M+1.5%	$334.0M+23.2%	$271.0M-15.6%	$321.0M+9.2%	$294.0M-2.3%	$301.0M+10.7%	$272.0M+1.1%	$269.0M+5.5%	$255.0M+9.9%	$232.0M	N/A	N/A	N/A
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Goodwill	$1.2B+1.0%	$1.1B+0.1%	$1.1B0.0%	$1.1B+0.4%	$1.1B-24.3%	$1.5B-2.3%	$1.5B-2.2%	$1.6B+14.2%	$1.4B+2.5%	$1.3B+3.3%	$1.3B+7.8%	$1.2B0.0%	$1.2B0.0%	$1.2B+1.0%	$1.2B
Total Liabilities	$24.6B+9.4%	$22.5B+9.7%	$20.5B+2.0%	$20.1B+7.0%	$18.8B+2.5%	$18.3B+10.6%	$16.6B+7.8%	$15.4B+9.0%	$14.1B+6.3%	$13.3B+8.8%	$12.2B+9.6%	$11.1B+7.6%	$10.3B+0.6%	$10.3B-2.5%	$10.5B
Current Liabilities	$4.7B+50.7%	$3.1B+46.4%	$2.2B-23.5%	$2.8B+31.3%	$2.1B-25.7%	$2.9B+40.9%	$2.0B-2.3%	$2.1B-9.9%	$2.3B-2.8%	$2.4B+56.0%	$1.5B+23.5%	$1.2B+0.4%	$1.2B+24.2%	$994.8M-33.2%	$1.5B
Non-Current Liabilities	$19.9B+2.6%	$19.3B+5.4%	$18.4B+6.2%	$17.3B+3.9%	$16.6B+7.8%	$15.4B+6.3%	$14.5B+9.4%	$13.3B+12.7%	$11.8B+8.3%	$10.9B+196.7%	$3.7B+8.9%	$3.4B-63.0%	$9.1B-1.9%	$9.3B+2.5%	$9.1B
Long-Term Debt	$12.8B+2.1%	$12.5B+6.9%	$11.7B+7.2%	$10.9B+5.7%	$10.3B+10.8%	$9.3B+8.0%	$8.6B+14.1%	$7.6B+16.6%	$6.5B+12.9%	$5.7B-1.9%	$5.9B+8.0%	$5.4B+4.1%	$5.2B+0.4%	$5.2B-2.8%	$5.3B
Total Equity	$10.8B+4.9%	$10.3B+5.5%	$9.8B+27.3%	$7.7B+5.4%	$7.3B+13.1%	$6.5B+5.4%	$6.1B+4.4%	$5.9B+8.9%	$5.4B+3.2%	$5.2B+3.3%	$5.0B+2.7%	$4.9B+4.0%	$4.7B+6.4%	$4.4B+4.9%	$4.2B
Retained Earnings	$2.6B+21.9%	$2.1B+27.3%	$1.7B+30.9%	$1.3B+37.0%	$925.0M+806.9%	$102.0Mn/m	-$207.0Mn/m	-$464.0Mn/m	-$723.0Mn/m	-$873.0Mn/m	-$1.1Bn/m	-$1.3Bn/m	-$1.5Bn/m	-$1.7Bn/m	-$1.8B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$36.5B+7.5%	$35.3B+6.4%	$35.4B+8.0%	$34.7B+9.3%	$33.9B+8.6%	$33.2B+6.7%	$32.8B+8.4%	$31.8B+6.6%
Current Assets	$1.7B+22.2%	$1.5B+27.6%	$2.2B+80.3%	$1.6B+25.5%	$1.4B+20.1%	$1.2B-24.8%	$1.2B-12.5%	$1.2B-31.4%
Cash & Equivalents	$191.0M+103.2%	$137.0M+20.2%	$98.0M+2.1%	$166.0M+30.7%	$94.0M+95.8%	$114.0M-80.5%	$96.0M-70.9%	$127.0M-79.8%
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Accounts Receivable	$432.0M+1.9%	$386.0M+1.6%	$395.0M-5.0%	$459.0M+1.3%	$424.0M+7.9%	$380.0M+17.6%	$416.0M+22.7%	$453.0M+18.6%
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Goodwill	$1.3B+11.4%	$1.2B+1.0%	$1.2B+1.0%	$1.2B+0.7%	$1.2B+0.7%	$1.1B+0.1%	$1.1B+0.1%	$1.1B0.0%
Total Liabilities	$24.8B+6.7%	$24.2B+7.1%	$24.6B+9.4%	$23.8B+11.3%	$23.2B+10.3%	$22.6B+7.3%	$22.5B+9.7%	$21.4B+7.6%
Current Liabilities	$3.3B-18.1%	$4.1B+68.3%	$4.7B+50.7%	$3.7B+72.9%	$4.0B+118.7%	$2.4B+31.8%	$3.1B+46.4%	$2.1B+22.3%
Non-Current Liabilities	$21.5B+11.8%	$20.1B-0.3%	$19.9B+2.6%	$20.2B+4.4%	$19.2B0.0%	$20.2B+5.0%	$19.3B+5.4%	$19.3B+6.2%
Long-Term Debt	$14.0B+14.4%	$12.8B-4.1%	$12.8B+2.1%	$13.0B+3.8%	$12.3B-2.2%	$13.3B+6.0%	$12.5B+6.9%	$12.6B+7.3%
Total Equity	$11.7B+9.2%	$11.0B+4.8%	$10.8B+4.9%	$10.9B+5.3%	$10.7B+5.2%	$10.5B+5.3%	$10.3B+5.5%	$10.4B+4.7%
Retained Earnings	$2.9B+19.1%	$2.8B+19.6%	$2.6B+21.9%	$2.7B+22.6%	$2.4B+24.0%	$2.3B+25.7%	$2.1B+27.3%	$2.2B+23.1%

Not reported in any period shown, so not listed: Inventory.

AWK Cash Flow Statement

AWK quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$2.3B	$2.1B+0.7%	$2.0B+9.1%	$1.9B+69.1%	$1.1B-23.1%	$1.4B+1.1%	$1.4B+3.1%	$1.4B-0.2%	$1.4B-4.3%	$1.4B+12.4%	$1.3B+7.9%	$1.2B+8.9%	$1.1B+22.4%	$896.0M-6.2%	$955.6M+18.2%	$808.4M
Depreciation & Amortization	N/A	$894.0M+13.5%	$788.0M+11.9%	$704.0M+8.5%	$649.0M+2.0%	$636.0M+5.3%	$604.0M+3.8%	$582.0M+6.8%	$545.0M+10.8%	$492.0M+4.7%	$470.0M+6.8%	$440.0M+3.8%	$424.0M+4.2%	$407.0M+6.7%	$381.5M+8.4%	$351.8M
Stock-Based Compensation	N/A	$32.0M-11.1%	$36.0M+44.0%	$25.0M-10.7%	$28.0M+64.7%	$17.0M-19.0%	$21.0M+23.5%	$17.0M+6.3%	$16.0M+45.5%	$11.0M0.0%	$11.0M0.0%	$11.0M-15.7%	$13.0M+4.6%	$12.5M+8.8%	$11.5M+14.6%	$10.0M
Capital Expenditures	$3.4B	$3.1B+9.5%	$2.9B+10.9%	$2.6B+12.1%	$2.3B+30.2%	$1.8B-3.2%	$1.8B+10.2%	$1.7B+4.3%	$1.6B+10.6%	$1.4B+9.4%	$1.3B+13.0%	$1.2B+21.3%	$956.0M-2.5%	$980.3M+5.6%	$928.6M+0.4%	$924.9M
Free Cash Flow	-$1.0B	-$1.1Bn/m	-$811.0Mn/m	-$701.0Mn/m	-$1.2Bn/m	-$323.0Mn/m	-$396.0Mn/m	-$271.0Mn/m	-$200.0M-1433.3%	$15.0Mn/m	-$22.0M-162.9%	$35.0M-75.2%	$141.0Mn/m	-$84.3M-411.8%	$27.0Mn/m	-$116.5M
Investing Cash Flow	-$3.1B	-$3.3Bn/m	-$3.4Bn/m	-$2.8Bn/m	-$2.1Bn/m	-$1.5Bn/m	-$2.1Bn/m	-$1.9Bn/m	-$2.0Bn/m	-$1.7Bn/m	-$1.6Bn/m	-$1.5Bn/m	-$1.0Bn/m	-$1.1Bn/m	-$382.4Mn/m	-$912.4M
Financing Cash Flow	$855.0M	$1.2B+12.5%	$1.1B-6.6%	$1.2B+18.8%	$1.0Bn/m	-$345.0M-130.8%	$1.1B+126.7%	$494.0M-32.0%	$726.0M+250.7%	$207.0M-36.9%	$328.0M+13.1%	$290.0Mn/m	-$87.0M-154.4%	$160.0Mn/m	-$563.0M-635.5%	$105.1M
Dividends Paid	$658.0M	$633.0M+8.2%	$585.0M+10.0%	$532.0M+13.9%	$467.0M+9.1%	$428.0M+10.0%	$389.0M+10.2%	$353.0M+10.7%	$319.0M+10.4%	$289.0M+10.7%	$261.0M+9.2%	$239.0M+10.6%	$216.0M+45.0%	$149.0M-30.2%	$213.5M+35.2%	$157.9M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$0n/m	$0-100.0%	$36.0M-20.0%	$45.0M-16.7%	$54.0M-16.9%	$65.0M-48.4%	$126.0M	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$602.0M+100.0%	$305.0M-7.9%	$663.0M+3.8%	$764.0M+12.5%	$301.0M-12.8%	$331.0M-13.4%	$639.0M+21.3%	$679.0M+7.3%
Depreciation & Amortization	$240.0M+8.6%	$237.0M+9.7%	$231.0M+11.6%	$226.0M+13.0%	$221.0M+14.5%	$216.0M+14.9%	$207.0M+14.4%	$200.0M+13.0%
Capital Expenditures	$860.0M+17.3%	$659.0M+20.3%	$1.0B+17.2%	$797.0M+16.7%	$733.0M+9.4%	$548.0M-10.0%	$894.0M+12.3%	$683.0M+9.1%
Free Cash Flow	-$258.0Mn/m	-$354.0Mn/m	-$385.0Mn/m	-$33.0Mn/m	-$432.0Mn/m	-$217.0Mn/m	-$255.0Mn/m	-$4.0M-157.1%
Investing Cash Flow	-$1.2Bn/m	$93.0Mn/m	-$1.1Bn/m	-$839.0Mn/m	-$772.0Mn/m	-$568.0Mn/m	-$1.2Bn/m	-$688.0Mn/m
Financing Cash Flow	$675.0M+50.3%	-$366.0M-244.1%	$397.0M-27.0%	$149.0M+69.3%	$449.0Mn/m	$254.0M-58.6%	$544.0M+763.5%	$88.0Mn/m
Dividends Paid	$174.0M+7.4%	$162.0M+8.7%	$161.0M+8.1%	$161.0M+8.1%	$162.0M+8.7%	$149.0M+8.0%	$149.0M+8.8%	$149.0M+8.0%

Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.

AWK Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AWK quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	36.7%-0.2pp	36.9%+1.2pp	35.7%+1.8pp	33.8%+3.3pp	30.6%-2.8pp	33.3%-0.5pp	33.8%+1.6pp	32.3%	N/A	N/A	N/A	33.3%+0.4pp	32.9%+0.6pp	32.4%+2.3pp	30.1%
Net Margin	21.7%-0.9pp	22.6%+0.2pp	22.4%+0.6pp	21.8%-10.5pp	32.3%+13.3pp	18.9%+1.6pp	17.3%+0.7pp	16.6%	N/A	N/A	N/A	14.1%+1.2pp	12.8%+0.3pp	12.6%+0.9pp	11.6%
Return on Equity	10.3%+0.1pp	10.2%+0.5pp	9.6%-1.0pp	10.7%-6.7pp	17.3%+6.3pp	11.0%+0.8pp	10.2%+0.5pp	9.7%+1.8pp	7.9%-1.1pp	9.0%-0.5pp	9.4%+0.8pp	8.6%+0.8pp	7.8%-0.3pp	8.1%+0.8pp	7.3%
Return on Assets	3.1%-0.1pp	3.2%+0.1pp	3.1%+0.2pp	2.9%-1.9pp	4.8%+2.0pp	2.9%+0.1pp	2.7%+0.1pp	2.7%+0.5pp	2.2%-0.3pp	2.5%-0.2pp	2.8%+0.1pp	2.6%+0.2pp	2.5%0.0pp	2.4%+0.3pp	2.1%
Current Ratio	0.46+0.1x	0.39-0.3x	0.65+0.2x	0.44-0.3x	0.73+0.1x	0.660.0x	0.63+0.3x	0.37+0.1x	0.310.0x	0.33-0.1x	0.430.0x	0.460.0x	0.460.0x	0.50-0.4x	0.94
Debt-to-Equity	1.180.0x	1.210.0x	1.20-0.2x	1.420.0x	1.420.0x	1.450.0x	1.41+0.1x	1.29+0.1x	1.21+0.1x	1.10-0.1x	1.16+0.1x	1.100.0x	1.10-0.1x	1.17-0.1x	1.26
Liabilities-to-Equity	2.27+0.1x	2.18+0.1x	2.09-0.5x	2.610.0x	2.57-0.3x	2.84+0.1x	2.71+0.1x	2.620.0x	2.62+0.1x	2.54+0.1x	2.41+0.2x	2.26+0.1x	2.19-0.1x	2.31-0.2x	2.49
Asset Turnover	0.140.0x	0.140.0x	0.140.0x	0.140.0x	0.150.0x	0.150.0x	0.160.0x	0.16	N/A	N/A	N/A	0.190.0x	0.190.0x	0.190.0x	0.18
FCF Margin	-20.8%-3.4pp	-17.4%-0.8pp	-16.6%+15.0pp	-31.6%-23.3pp	-8.3%+2.3pp	-10.6%-3.0pp	-7.6%-1.7pp	-5.9%	N/A	N/A	N/A	4.7%+7.6pp	-2.9%-3.9pp	0.9%+5.3pp	-4.4%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	40.2%+1.7pp	32.5%-0.2pp	32.1%-1.7pp	42.2%+1.3pp	38.4%-0.9pp	32.7%+0.2pp	33.8%+4.9pp	40.9%0.0pp
Net Margin	23.3%+0.6pp	16.3%-1.8pp	18.9%-1.3pp	26.1%-0.3pp	22.7%-1.6pp	18.1%-0.4pp	20.2%+3.7pp	26.4%-1.3pp
Return on Equity	2.7%0.0pp	1.8%-0.2pp	2.2%-0.1pp	3.5%+0.1pp	2.7%0.0pp	1.9%+0.1pp	2.3%+0.6pp	3.4%+0.1pp
Return on Assets	0.9%0.0pp	0.6%-0.1pp	0.7%-0.1pp	1.1%0.0pp	0.9%0.0pp	0.6%0.0pp	0.7%+0.2pp	1.1%0.0pp
Current Ratio	0.52+0.2x	0.37-0.1x	0.46+0.1x	0.42-0.2x	0.35-0.3x	0.49-0.4x	0.39-0.3x	0.58-0.5x
Debt-to-Equity	1.20+0.1x	1.16-0.1x	1.180.0x	1.190.0x	1.15-0.1x	1.260.0x	1.210.0x	1.210.0x
Liabilities-to-Equity	2.130.0x	2.200.0x	2.27+0.1x	2.19+0.1x	2.17+0.1x	2.150.0x	2.18+0.1x	2.07+0.1x
Asset Turnover	0.040.0x	0.030.0x	0.040.0x	0.040.0x	0.040.0x	0.030.0x	0.040.0x	0.040.0x
FCF Margin	-19.1%+14.9pp	-29.4%-10.3pp	-30.5%-9.0pp	-2.3%-2.0pp	-34.0%-5.4pp	-19.1%+3.5pp	-21.6%+4.4pp	-0.3%-0.9pp

Not reported in any period shown, so not listed: Gross Margin.

Note: The current ratio is below 1.0 (0.46), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
American Water Works Company, Inc AWK	FY2025	$5.1B	$1.1B	21.7%	$28.2B	53/100
Essential Utilities, Inc. WTRG	FY2025	$5.1B	$1.1B	21.7%	$12.1B	66/100
Ameren Corporation AEE	FY2025	$8.8B	$1.5B	16.6%	$29.9B	49/100
Atmos Energy Corporation ATO	FY2025	$4.7B	$1.2B	25.5%	$28.9B	56/100
DTE Energy Company DTE	FY2025	N/A	$1.5B	N/A	$27.4B	—
FirstEnergy Corp. FE	FY2025	$15.1B	$1.0B	6.8%	$26.7B	44/100

Where American Water Works Company, Inc Ranks

Frequently Asked Questions

What is American Water Works Company, Inc's annual revenue?

American Water Works Company, Inc (AWK) reported $5.1B in total revenue for fiscal year 2025. This represents a 10.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is American Water Works Company, Inc's revenue growing?

American Water Works Company, Inc (AWK) revenue grew by 10.1% year-over-year, from $4.7B to $5.1B in fiscal year 2025.

Is American Water Works Company, Inc profitable?

Yes, American Water Works Company, Inc (AWK) reported a net income of $1.1B over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $1.1B, with a net profit margin of 21.7%.

What is American Water Works Company, Inc's EBITDA?

American Water Works Company, Inc (AWK) had EBITDA of $2.8B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does American Water Works Company, Inc have?

As of fiscal year 2025, American Water Works Company, Inc (AWK) had $98.0M in cash and equivalents against $12.8B in long-term debt.

What is American Water Works Company, Inc's operating margin?

American Water Works Company, Inc (AWK) had an operating margin of 36.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is American Water Works Company, Inc's net profit margin?

American Water Works Company, Inc (AWK) had a net profit margin of 21.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does American Water Works Company, Inc pay dividends?

Yes, American Water Works Company, Inc (AWK) paid $3.31 per share in dividends during fiscal year 2025.

What is American Water Works Company, Inc's return on equity (ROE)?

American Water Works Company, Inc (AWK) has a return on equity of 10.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is American Water Works Company, Inc's free cash flow?

American Water Works Company, Inc (AWK) recorded an outflow of $1.1B in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is American Water Works Company, Inc's operating cash flow?

American Water Works Company, Inc (AWK) generated $2.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are American Water Works Company, Inc's total assets?

American Water Works Company, Inc (AWK) had $35.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are American Water Works Company, Inc's capital expenditures?

American Water Works Company, Inc (AWK) invested $3.1B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does American Water Works Company, Inc have outstanding?

American Water Works Company, Inc (AWK) had 195M shares outstanding as of fiscal year 2025.

What is American Water Works Company, Inc's current ratio?

American Water Works Company, Inc (AWK) had a current ratio of 0.46 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is American Water Works Company, Inc's debt-to-equity ratio?

American Water Works Company, Inc (AWK) had a debt-to-equity ratio of 1.18 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is American Water Works Company, Inc's liabilities-to-equity ratio?

American Water Works Company, Inc (AWK) had a liabilities-to-equity ratio of 2.27 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is American Water Works Company, Inc's return on assets (ROA)?

American Water Works Company, Inc (AWK) had a return on assets of 3.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is American Water Works Company, Inc's P/E ratio?

American Water Works Company, Inc (AWK) trades at 25.0x earnings, its market capitalization divided by $1.1B net income, trailing 12 months to June 30, 2026. The market capitalization is $28.2B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is American Water Works Company, Inc's price-to-sales ratio?

American Water Works Company, Inc (AWK) trades at 5.3x sales, its market capitalization divided by $5.3B revenue, trailing 12 months to June 30, 2026. The market capitalization is $28.2B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is American Water Works Company, Inc's Altman Z-Score?

American Water Works Company, Inc (AWK) has an Altman Z-Score of 1.02, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is American Water Works Company, Inc's Piotroski F-Score?

American Water Works Company, Inc (AWK) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are American Water Works Company, Inc's earnings high quality?

American Water Works Company, Inc (AWK) has an earnings quality ratio of 1.85x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can American Water Works Company, Inc cover its interest payments?

American Water Works Company, Inc (AWK) has an interest coverage ratio of 3.06x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is American Water Works Company, Inc?

American Water Works Company, Inc (AWK) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its utilities peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.