AWR - NYSE

American States Water Company

American States Water Company

AWR·NYSE

$77.02

+0.98%
UtilitiesRegulated Water

American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of December 31, 2021, American States Water Company provided water service to 262,770 customers located throughout 10 counties in the State of California; and distributed electricity to 24,656 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was incorporated in 1929 and is based in San Dimas, California.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$3.02B
EPS3.3700
P/E Ratio22.85
Earnings Date08/05/2026
229.73M
Operating Cash Flow
16%
3Y+95.0%
5Y+88.0%
10Y+137.0%
-237.54M
Investing Cash Flow
2%
3Y+42.0%
5Y+80.0%
10Y+81.0%
-26.00K
Financing Cash Flow
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
AWR

American States Water Company Cash Conversion Engine

AWR · NYSE
Net Income129.99M
Depreciation & Amortization48.87M
Stock-Based Compensation3.56M
Change in Working Capital46.83M
Others-3.12M
Capital Expenditures-236.82M
Free Cash Flow-7.09M

Cash Flow Quality Analysis

FCF Conversion Rate

-5.5%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

103.1%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

+78.7%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$46.83M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

American States Water Company Cash Flow Statement

AWR • NYSE

American States Water Company Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
Net Income
130M
119.3M
124.9M
78.4M
94.3M
86.4M
84.3M
63.9M
69.4M
59.7M
60.5M
61.1M
62.7M
54.1M
45.9M
33.2M
29.5M
27.8M
28M
23.1M
Depreciation & Amortization
48.9M
44.2M
43.3M
41.7M
40M
37.2M
35.7M
40.7M
39.3M
39.1M
42.7M
41.8M
41M
43.2M
38.3M
38.2M
33.6M
29M
27.1M
24.4M
Change in Deferred Taxes
3.6M
0.0
4.8M
2.8M
3.6M
2.2M
6.6M
-5.8M
12.2M
27.6M
10.4M
32.3M
16.1M
15.1M
13.9M
6.7M
7.6M
4.7M
1.5M
4.7M
Stock-Based Compensation
3.6M
3.7M
3.3M
2.6M
2.6M
2.5M
2.5M
3.9M
2.9M
2.5M
2.8M
2.2M
2M
1.9M
1.5M
1.5M
1.3M
1.2M
764K
511K
Other Non-Cash Items
-3.1M
-1.4M
-3.8M
6.3M
-3.5M
-2.5M
-2.7M
1.4M
-8.9M
222K
1.7M
991K
705K
2M
-1.3M
17.7M
2.9M
-108K
1.1M
10.4M
Cash Taxes Paid
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(21.1M)
(13.6M)
(10.9M)
(14.8M)
(16M)
(10.9M)
(19.4M)
(31.8M)
(22.3M)
(0.0)
(13.4M)
(15.8M)
(11.1M)
Change in Working Capital
46.8M
32.9M
-104.8M
-13.9M
-21.3M
-3.7M
-9.6M
32.8M
29.7M
-32.3M
-22.9M
24.9M
13.2M
-14.9M
-18.1M
-43.4M
-2.3M
502K
-7.4M
-11.6M
Cash from Operating Activities
229.7M
198.7M
67.7M
117.8M
115.6M
122.2M
116.9M
136.8M
144.6M
96.9M
95.1M
163.3M
135.7M
101.5M
80.2M
53.8M
72.6M
63.1M
51M
51.6M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment
-236.8M
-232M
-188.5M
-166.2M
-144.5M
-130.4M
-151.9M
-126.6M
-113.1M
-129.9M
-87.3M
-72.6M
-97.4M
-68.1M
-80.3M
-79.1M
-77.5M
-73.1M
-49.9M
-66.6M
Acquisitions, Net
(0.0)
(0.0)
(0.0)
(59K)
(565K)
(88K)
(169K)
(72K)
(34.3M)
(0.0)
(54K)
(0.0)
(0.0)
(0.0)
(29.6M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Purchase of Investments
(0.0)
(0.0)
(0.0)
-921K
-1.1M
-1.3M
-1.4M
-1.6M
-1.2M
-1.4M
-2.9M
-1.6M
-1.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Sale/Maturity of Investments
0.0
0.0
0.0
-59K
-565K
-88K
-169K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Other Investing Items
-719K
-820K
-224K
59K
565K
88K
169K
72K
34.3M
-1.4M
54K
62K
12K
68K
144K
820K
16K
0.0
609K
391K
Cash from Investing Activities
-237.5M
-232.8M
-188.8M
-167.1M
-145.1M
-131.6M
-153.2M
-128M
-80M
-131.2M
-90.1M
-74.1M
-98.8M
-68M
-50.5M
-78.2M
-77.4M
-73.1M
-49.3M
-66.2M
FINANCING ACTIVITIES
Net Issuance of Common Stock
67.1M
88.8M
0.0
0.0
0.0
0.0
0.0
0.0
909K
0.0
-72.9M
-17.2M
2.1M
13.3M
1.7M
1.8M
35.8M
1.2M
4.8M
6.5M
Net Issuance of Debt
752K
19.7M
183.9M
106.4M
42.9M
88.3M
69.2M
36.2M
-31.3M
61.7M
27.8M
-6.4M
-3.4M
-6.9M
-19.4M
42.8M
-18.2M
36.8M
4.6M
4.4M
Cash Paid for Dividends
-74.7M
-67M
-61.2M
-56.4M
-51.7M
-47.2M
-42.7M
-38.9M
-36.4M
-33.4M
-32.7M
-32.1M
-29.4M
-24.1M
-20.6M
-19.3M
-18.1M
-13.2M
-16.3M
-15.4M
Share Repurchases
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-30K
-519K
(0.0)
(0.0)
(0.0)
-72.9M
-17.2M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Other Financing Items
6.8M
5.1M
6.4M
281K
6.5M
3.8M
4.1M
958K
2.1M
2.1M
1.2M
4.3M
8.5M
6.4M
3.4M
3M
-287K
2M
3.7M
9.3M
Cash from Financing Activities
-26K
46.6M
129.2M
50.3M
-2.3M
44.8M
30.5M
-1.8M
-64.7M
30.3M
-76.6M
-51.4M
-22.2M
-11.3M
-32.5M
28.3M
-749K
12.4M
-3.3M
4.8M
CASH FLOW SUMMARY
Net Change in Cash
-7.8M
12.6M
8.1M
1M
-31.8M
35.4M
-5.8M
6.9M
-222K
-3.9M
-71.6M
37.8M
14.7M
22.2M
-2.9M
3.8M
-5.6M
2.4M
-1.5M
-9.8M
Cash at Beginning of Period
26.7M
14.1M
6M
5M
36.7M
1.3M
7.1M
214K
436K
4.4M
76M
38.2M
23.5M
1.3M
4.2M
1.7M
7.3M
1.4M
3.2M
13M
Cash at End of Period
18.8M
26.7M
14.1M
6M
5M
36.7M
1.3M
7.1M
214K
436K
4.4M
76M
38.2M
23.5M
1.3M
5.5M
1.7M
3.8M
1.7M
3.2M
Free Cash Flow
-7.1M
-33.2M
-120.9M
-48.4M
-28.9M
-8.3M
-35.1M
10.2M
31.4M
-32.9M
7.8M
90.7M
38.3M
33.4M
-114K
-25.3M
-4.9M
-10M
1.2M
-15M

SEC Filings

AWR - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 19, 2026
2026
View Filing
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
View Filing
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
View Filing
DEF 14A

DEF 14A 2026

N/A

April 03, 2026
May 19, 2026
2026
View Filing
8-K

8-K 2026

N/A

March 27, 2026
March 26, 2026
2026
View Filing
8-K

8-K 2026

N/A

March 13, 2026
March 12, 2026
2026
View Filing
8-K

8-K 2026

N/A

February 20, 2026
February 20, 2026
2026
View Filing
8-K

8-K 2026

N/A

February 18, 2026
February 18, 2026
2026
View Filing
10-K

10-K 2025 FY

FY

February 18, 2026
December 31, 2025
2025
View Filing
8-K

8-K 2026

N/A

February 13, 2026
February 10, 2026
2026
View Filing
Showing 1 to 10 of 456 filings

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