Every 8-K that Amer States Wtr Co (AWR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow AWR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AWR filings page.
American States Water Company reported Q2 2026 basic and diluted EPS of $1.10 and $1.09, up from $0.87 a year earlier, a 25.3% increase in diluted EPS. Net income was $43,274 (in thousands) versus $33,690 (in thousands), driven mainly by higher water utility earnings from California Public Utilities Commission rate increases and increased contracted services construction activity.
Total operating revenues were $181,290 (in thousands), up from $163,066 (in thousands). Year-to-date diluted EPS was $1.86 versus $1.57. The quarterly dividend was raised 8.2% to $0.5040 per share, payable September 2 to holders of record on August 17, marking the 72nd consecutive year of annual dividend increases.
On June 12, 2026, the company completed its at-the-market equity program, raising $200 million in gross proceeds through the sale of 2,575,947 Common Shares and indicating it has no plans to issue additional equity through at least the end of 2029 to support current operations. Regulated utilities plan to invest $185 to $220 million in 2026, contracted services are expected to contribute $0.63 to $0.67 per share for full-year 2026, and Standard & Poor’s affirmed credit ratings of “A” for AWR and “A+” for its regulated water utility, both with stable outlooks.
American States Water Company reported results from its May 19, 2026 annual shareholder meeting. Shareholders approved the new 2026 Stock Incentive Plan, which replaces the 2016 plan and allows stock options, restricted stock, restricted stock units and performance awards for eligible employees.
Class III directors Thomas A. Eichelberger, Roger M. Ervin and C. James Levin were re‑elected, each receiving about 31 million votes for and roughly 3.9 million broker non‑votes. Shareholders also supported the advisory vote on executive compensation and ratified PricewaterhouseCoopers LLP as independent registered public accounting firm.
American States Water Company reported first quarter 2026 diluted EPS of $0.76, up from $0.70 a year ago, an 8.6% increase driven mainly by higher earnings at its regulated water and electric utilities and its contracted services business.
Total operating revenues rose to $169.2 million from $148.0 million, with all operating segments increasing their earnings per share contribution. Regulated utilities are authorized to spend approximately $650 million in capital investments and are on track to invest $185–$225 million in 2026.
The contracted services segment is expected to contribute $0.63–$0.67 per share for full-year 2026. The board approved a second-quarter dividend of $0.5040 per share, continuing a 71-year record of annual dividend increases and long-term dividend growth targets above 7%.
American States Water Company approved its 2026 Short-Term Incentive Program for executive officers. The plan lets each executive earn both an objective cash bonus and a discretionary cash bonus for calendar year 2026, based on company performance and individual results.
Target aggregate bonuses are set as a percentage of 2026 base salary: Robert J. Sprowls at 100%, Eva G. Tang at 40.4%, Paul J. Rowley at 40.4%, Christopher H. Connor at 48.5%, and Gladys M. Farrow at 34.2%. The objective portion is 80% of each target and depends on specific performance metrics, while the remaining 20% is discretionary and based on subjective assessment of performance in the areas each executive oversees.
American States Water Company approved new equity awards for key executives. On March 12, 2026, the compensation committee granted time-vested restricted stock units and performance-based restricted stock units to its CEO and several senior officers across American States Water, Golden State Water, and American States Utility Services.
CEO Robert J. Sprowls received 7,362 time-vested units and a 22,088-unit performance award. Other executives received between 770 and 1,124 time-vested units and between 769 and 1,125 performance units. Time-vested awards vest 33%, 33%, and 34% on the first three anniversaries, while performance awards vest 33%, 33%, and 34% on December 31, 2026, 2027, and 2028, subject to death, disability, or retirement provisions and specified performance criteria.
American States Water Company entered into an amendment to its Equity Distribution Agreement, replacing Janney Montgomery Scott LLC with Huntington Securities, Inc. as a sales agent for its at-the-market equity program. Under this agreement, the company may offer and sell Common Shares with an aggregate offering price of up to $200 million, of which approximately $40.7 million remained available as of the amendment date. Sales may be made from time to time at the company’s sole discretion through several sales agents under its existing Form S-3 shelf registration and related prospectus documents.
American States Water Company reported mixed quarterly but stronger full-year results. Fourth-quarter 2025 diluted EPS was $0.74, down $0.01 from 2024, but up $0.18 on an adjusted basis after removing prior-year one-time tax and retroactive rate items.
For full year 2025, diluted EPS rose to $3.37 from $3.17, a $0.20 increase, or $0.33 higher on an adjusted basis. Earnings per share grew across water, electric, and contracted services, with total operating revenues increasing to $658.1 million from $595.5 million. The company invested $210.9 million in capital expenditures, was authorized to spend nearly $650 million over current rate cycles, and won $29.4 million of new construction projects. The quarterly dividend rose 8.3% in 2025 and has grown at an 8.5% five-year CAGR.
American States Water Company reported that its independent directors approved 2026 base salaries for key executives on February 10, 2026. President and CEO Robert J. Sprowls will receive a base salary of $1,004,300. Senior Vice President – Finance and CFO Eva G. Tang will receive $661,600, and three other senior executives will receive base salaries ranging from $412,000 to $518,200 for 2026.
American States Water Company, through its subsidiary Golden State Water Company (GSWC), announced that the California Public Utilities Commission approved a one-year deferral of GSWC’s next cost of capital application. GSWC was scheduled to file this application on May 1, 2026, but the date has been postponed to May 1, 2027, with a corresponding effective date of January 1, 2028. The current Water Cost of Capital Mechanism will remain in place during the deferral period.
GSWC’s currently authorized rate of return on rate base is 7.93%, which will continue through December 31, 2027. This is based on a return on equity of 10.06%, an embedded cost of debt of 5.1%, and a capital structure consisting of 57% equity and 43% debt. The decision effectively keeps GSWC’s existing capital cost assumptions and earnings framework stable for an additional year.
American States Water Company announced it released earnings for the third quarter ended September 30, 2025, and made its press release available as Exhibit 99.1.
The company stated that the information in this report, including Exhibit 99.1, is being furnished and not filed under the Exchange Act. The common shares trade on the NYSE under the symbol AWR.
What happened: American States Water Company (NYSE:AWR) announced that it released an earnings press release for the quarter ended June 30, 2025 and furnished that press release as Exhibit 99.1 to this Form 8-K.
Why it matters: The 8-K itself does not include the company’s financial results; it simply notifies investors that the company published its second-quarter earnings information. The filing also states the press release is "furnished" (not "filed") and includes a cover page interactive data file. Investors should read Exhibit 99.1 for the actual numbers and details.