American Water Works (AWK) Financials

$143.62 +1.77 (+1.25%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$143.58 -0.04 (-0.03%)

As of 05/23/2025 06:54 PM Eastern

Annual Income Statements for American Water Works

This table shows American Water Works' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	1,051	944	820	1,263	709	621	567	426	468	476
Consolidated Net Income / (Loss)	1,051	944	820	1,263	709	621	565	426	468	476
Net Income / (Loss) Continuing Operations	1,051	944	820	1,263	709	621	565	426	468	476
Total Pre-Tax Income	1,359	1,196	1,008	1,640	924	833	787	912	770	782
Total Operating Income	1,718	1,504	1,273	1,196	1,248	1,214	1,102	1,253	1,085	1,075
Total Gross Profit	2,826	2,514	2,203	2,153	2,155	2,066	1,961	1,988	1,803	1,755
Total Revenue	4,684	4,234	3,792	3,930	3,777	3,610	3,440	3,357	3,302	3,159
Operating Revenue	4,684	4,234	3,792	3,930	3,777	3,610	3,440	3,357	3,302	3,159
Total Cost of Revenue	1,858	1,720	1,589	1,777	1,622	1,544	1,479	1,369	1,499	1,404
Operating Cost of Revenue	1,858	1,720	1,589	1,777	1,622	1,544	1,479	1,369	1,499	1,404
Total Operating Expenses	1,108	1,010	930	957	907	852	859	735	718	680
Depreciation Expense	788	704	649	636	604	582	545	492	470	440
Other Operating Expenses / (Income)	320	306	281	321	303	270	277	259	258	243
Total Other Income / (Expense), net	-359	-308	-265	444	-324	-381	-315	-341	-315	-293
Interest Expense	523	460	433	403	397	386	-	7.00	0.00	0.00
Interest & Investment Income	94	73	52	4.00	2.00	4.00	-350	-342	-325	-308
Other Income / (Expense), net	70	79	116	843	71	1.00	35	8.00	10	15
Income Tax Expense	308	252	188	377	215	212	222	486	302	306
Basic Earnings per Share	$5.39	$4.90	$4.51	$6.96	$3.91	$3.44	$3.16	$2.39	$2.63	$2.66
Weighted Average Basic Shares Outstanding	195M	193M	182M	182M	181M	181M	180M	178M	178M	179M
Diluted Earnings per Share	$5.39	$4.90	$4.51	$6.95	$3.91	$3.43	$3.15	$2.38	$2.62	$2.64
Weighted Average Diluted Shares Outstanding	195M	193M	182M	182M	182M	181M	180M	179M	179M	180M
Weighted Average Basic & Diluted Shares Outstanding	194.95M	194.76M	181.86M	181.72M	181.44M	180.97M	179.40M	178.20M	177.90M	178.90M

This table shows American Water Works' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	205	239	350	277	185	171	323	280	170	147	297
Consolidated Net Income / (Loss)	205	239	350	277	185	171	323	280	170	147	297
Net Income / (Loss) Continuing Operations	205	239	350	277	185	171	323	280	170	147	297
Total Pre-Tax Income	270	303	453	361	242	218	407	357	214	178	367
Total Operating Income	371	400	543	449	326	299	478	432	295	261	439
Total Gross Profit	674	682	827	722	595	560	731	678	545	498	666
Total Revenue	1,142	1,201	1,323	1,149	1,011	1,032	1,167	1,097	938	931	1,082
Operating Revenue	1,142	1,201	1,323	1,149	1,011	1,032	1,167	1,097	938	931	1,082
Total Cost of Revenue	468	519	496	427	416	472	436	419	393	433	416
Operating Cost of Revenue	468	519	496	427	416	472	436	419	393	433	416
Total Operating Expenses	303	282	284	273	269	261	253	246	250	237	227
Depreciation Expense	216	207	200	193	188	181	177	174	172	164	164
Other Operating Expenses / (Income)	87	75	84	80	81	80	76	72	78	73	63
Total Other Income / (Expense), net	-101	-97	-90	-88	-84	-81	-71	-75	-81	-83	-72
Interest Expense	144	136	132	131	124	118	117	110	115	116	111
Interest & Investment Income	22	23	22	25	24	21	23	15	14	13	14
Other Income / (Expense), net	21	16	20	18	16	16	23	20	20	20	25
Income Tax Expense	65	64	103	84	57	47	84	77	44	31	70
Basic Earnings per Share	$1.05	$1.22	$1.80	$1.42	$0.95	$0.89	$1.66	$1.44	$0.91	$0.81	$1.63
Weighted Average Basic Shares Outstanding	195M	195M	195M	195M	195M	193M	195M	195M	186M	182M	182M
Diluted Earnings per Share	$1.05	$1.22	$1.80	$1.42	$0.95	$0.89	$1.66	$1.44	$0.91	$0.81	$1.63
Weighted Average Diluted Shares Outstanding	195M	195M	195M	195M	195M	193M	195M	195M	186M	182M	182M
Weighted Average Basic & Diluted Shares Outstanding	195.01M	194.95M	194.89M	194.86M	194.82M	194.76M	194.70M	194.67M	194.64M	181.86M	181.83M

This table details how cash moves in and out of American Water Works' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-224	247	-19	-440	485	-68	76	-16	27	26
Net Cash From Operating Activities	2,045	1,874	1,108	1,441	1,426	1,383	1,386	1,449	1,289	1,195
Net Cash From Continuing Operating Activities	2,045	1,874	1,108	1,441	1,426	1,349	1,386	1,449	1,289	1,195
Net Income / (Loss) Continuing Operations	1,051	944	820	1,263	709	621	565	426	468	476
Consolidated Net Income / (Loss)	1,051	944	820	1,263	709	621	565	426	468	476
Depreciation Expense	788	704	649	636	604	582	545	492	470	440
Non-Cash Adjustments To Reconcile Net Income	62	-9.00	-35	-774	0.00	-27	51	-54	47	-20
Changes in Operating Assets and Liabilities, net	144	235	-326	316	113	173	225	585	304	299
Net Cash From Investing Activities	-3,379	-2,815	-2,127	-1,536	-2,061	-1,945	-2,036	-1,672	-1,590	-1,459
Net Cash From Continuing Investing Activities	-3,379	-2,815	-2,127	-1,536	-2,061	-1,945	-2,036	-1,672	-1,590	-1,459
Purchase of Property, Plant & Equipment	-2,856	-2,575	-2,297	-1,764	-1,822	-1,654	-1,586	-1,434	-1,311	-1,160
Acquisitions	-417	-81	-315	-135	-135	-235	-398	-177	-204	-197
Purchase of Investments	-135	0.00	0.00	-	-	-	-	-	-	-
Sale of Property, Plant & Equipment	0.00	0.00	608	472	2.00	48	35	15	9.00	5.00
Sale and/or Maturity of Investments	181	0.00	0.00	-	-	-	-	-	-	-
Other Investing Activities, net	-152	-159	-123	-109	-106	-104	-87	-76	-84	-107
Net Cash From Financing Activities	1,110	1,188	1,000	-345	1,120	494	726	207	328	290
Net Cash From Continuing Financing Activities	1,110	1,188	1,000	-345	1,120	479	726	207	328	290
Repayment of Debt	219	-1,292	571	-597	-353	-510	-548	-943	88	7.00
Payment of Dividends	-585	-532	-467	-428	-389	-353	-319	-289	-261	-239
Issuance of Debt	1,437	1,264	822	618	1,834	1,352	1,439	1,450	553	625
Issuance of Common Equity	0.00	1,688	0.00	0.00	-	-	199	15	13	39
Other Financing Activities, net	39	60	74	62	28	26	0.00	28	-	-16
Cash Interest Paid	483	445	414	389	382	383	332	338	327	309
Cash Income Taxes Paid	-5.00	0.00	335	1.00	7.00	12	38	30	16	12

This table details how cash moves in and out of American Water Works' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	17	-37	79	-528	262	-297	-163	582	125	13	7.00
Net Cash From Operating Activities	331	639	679	345	382	527	633	429	285	344	568
Net Cash From Continuing Operating Activities	331	639	679	345	382	527	633	429	285	344	568
Net Income / (Loss) Continuing Operations	205	239	350	277	185	171	323	280	170	147	297
Consolidated Net Income / (Loss)	205	239	350	277	185	171	323	280	170	147	297
Depreciation Expense	216	207	200	193	188	181	177	174	172	164	164
Non-Cash Adjustments To Reconcile Net Income	-13	34	48	-29	9.00	4.00	21	-2.00	-32	56	-43
Changes in Operating Assets and Liabilities, net	-77	159	81	-96	0.00	171	112	-23	-25	-23	150
Net Cash From Investing Activities	-568	-1,220	-688	-738	-733	-887	-664	-703	-561	-765	-686
Net Cash From Continuing Investing Activities	-568	-1,220	-688	-738	-733	-887	-664	-703	-561	-765	-686
Purchase of Property, Plant & Equipment	-548	-894	-683	-670	-609	-796	-626	-627	-526	-700	-602
Acquisitions	-3.00	-298	-	-33	-86	-45	-3.00	-29	-4.00	-27	-48
Purchase of Investments	-27	-22	-	-	-	-	-	-	-	-	-
Sale and/or Maturity of Investments	39	34	-	-	-	-	-	-	-	-	-
Other Investing Activities, net	-29	-40	-39	-35	-38	-46	-35	-47	-31	-38	-36
Net Cash From Financing Activities	254	544	88	-135	613	63	-132	856	401	434	125
Net Cash From Continuing Financing Activities	254	544	88	-135	613	63	-132	856	401	434	125
Repayment of Debt	-420	666	209	-13	-643	162	-92	-176	-1,186	543	211
Payment of Dividends	-149	-149	-149	-149	-138	-137	-138	-138	-119	-119	-120
Issuance of Debt	810	21	13	12	1,391	18	86	1,152	8.00	-	11
Other Financing Activities, net	13	6.00	15	15	3.00	20	12	18	10	10	23

This table presents American Water Works' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	32,830	30,298	27,787	26,075	24,766	22,682	21,223	19,482	18,482	17,241
Total Current Assets	1,215	1,389	1,250	1,554	1,906	1,285	781	720	784	657
Cash & Equivalents	96	330	85	116	547	60	130	55	75	45
Restricted Cash	29	34	32	20	29	31	28	27	20	21
Accounts Receivable	731	641	609	519	527	466	487	484	532	522
Inventories, net	103	112	98	57	47	44	41	41	39	38
Current Deferred & Refundable Income Taxes	25	86	114	4.00	-	-	-	-	-	-
Other Current Assets	231	186	312	155	127	118	95	113	118	31
Plant, Property, & Equipment, net	28,038	25,438	23,223	21,084	19,710	18,232	17,409	16,246	14,992	13,933
Plant, Property & Equipment, gross	35,059	32,189	29,736	27,413	25,614	23,941	23,204	21,716	19,954	18,504
Accumulated Depreciation	7,021	6,751	6,513	6,329	5,904	5,709	5,795	5,470	4,962	4,571
Total Noncurrent Assets	3,577	3,471	3,314	3,437	3,150	3,165	3,033	2,516	2,706	2,651
Noncurrent Note & Lease Receivables	795	720	720	-	0.00	-	-	-	-	-
Goodwill	1,144	1,143	1,143	1,139	1,504	1,501	1,575	1,379	1,345	1,302
Other Noncurrent Operating Assets	1,549	1,522	1,369	1,385	1,323	1,335	1,219	1,128	1,361	1,349
Other Noncurrent Nonoperating Assets	89	86	82	720	95	103	-	-	-	-
Total Liabilities & Shareholders' Equity	32,830	30,298	27,787	26,075	24,766	22,682	21,223	19,482	18,482	17,241
Total Liabilities	22,495	20,498	20,091	18,774	18,308	16,556	15,352	14,089	13,254	12,180
Total Current Liabilities	3,150	2,151	2,811	2,141	2,881	2,045	2,094	2,325	2,392	1,533
Short-Term Debt	1,516	654	1,456	641	1,611	814	1,035	1,227	1,423	682
Accounts Payable	346	294	254	235	189	203	175	195	154	126
Accrued Expenses	791	791	706	701	591	596	556	630	609	493
Current Deferred & Payable Income Tax Liabilities	156	67	49	176	50	46	45	33	31	26
Other Current Liabilities	230	252	255	217	215	174	196	167	112	144
Other Current Nonoperating Liabilities	111	93	91	171	225	212	87	73	63	62
Total Noncurrent Liabilities	19,345	18,347	17,280	16,633	15,427	14,511	13,258	11,764	10,862	10,647
Long-Term Debt	12,518	11,715	10,926	10,341	9,329	8,639	7,569	6,490	5,749	5,862
Capital Lease Obligations	76	73	70	80	81	-	-	-	-	-
Asset Retirement Reserve & Litigation Obligation	1,416	1,481	1,590	1,600	1,770	-	-	1,664	403	402
Noncurrent Deferred Revenue	383	352	316	284	270	240	252	271	300	349
Noncurrent Deferred & Payable Income Tax Liabilities	2,881	2,717	2,437	2,421	2,113	1,893	1,740	1,573	2,619	2,334
Noncurrent Employee Benefit Liabilities	217	262	235	285	388	411	390	424	506	511
Other Noncurrent Operating Liabilities	1,854	1,747	1,706	1,622	1,476	3,328	3,307	1,342	1,285	1,189
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	10,332	9,797	7,693	7,298	6,454	6,121	5,864	5,385	5,218	5,049
Total Preferred & Common Equity	10,332	9,797	7,693	7,298	6,454	6,121	5,864	5,385	5,218	5,049
Preferred Stock	3.00	3.00	3.00	-	4.00	5.00	-	-	-	-
Total Common Equity	10,332	9,797	7,693	7,298	6,454	6,121	5,864	5,385	5,218	5,049
Common Stock	8,600	8,552	6,826	6,783	6,749	6,702	6,659	6,434	6,390	6,353
Retained Earnings	2,112	1,659	1,267	925	102	-207	-464	-723	-873	-1,073
Treasury Stock	-392	-388	-377	-365	-348	-338	-297	-247	-213	-143
Accumulated Other Comprehensive Income / (Loss)	12	-26	-23	-45	-49	-36	-34	-79	-86	-88

This table presents American Water Works' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	33,156	32,830	31,790	31,215	31,086	30,298	29,818	29,496	28,286	27,787	27,126
Total Current Assets	1,194	1,215	1,237	1,165	1,587	1,389	1,804	1,989	1,338	1,250	1,017
Cash & Equivalents	114	96	127	48	584	330	628	794	213	85	77
Restricted Cash	18	29	40	50	42	34	33	30	29	32	27
Accounts Receivable	712	731	763	730	639	641	700	683	607	609	631
Inventories, net	107	103	105	111	115	112	111	109	103	98	93
Current Deferred & Refundable Income Taxes	23	25	7.00	17	26	86	54	74	96	114	-
Other Current Assets	220	231	195	209	181	186	278	299	290	312	189
Plant, Property, & Equipment, net	28,377	28,038	27,007	26,532	26,023	25,438	24,688	24,188	23,632	23,223	22,636
Plant, Property & Equipment, gross	35,466	35,059	33,940	33,364	32,780	32,189	31,397	30,815	30,214	29,736	29,062
Accumulated Depreciation	7,089	7,021	6,933	6,832	6,757	6,751	6,709	6,627	6,582	6,513	6,426
Total Noncurrent Assets	3,585	3,577	3,546	3,518	3,476	3,471	3,326	3,319	3,316	3,314	3,473
Noncurrent Note & Lease Receivables	795	795	795	795	795	720	720	720	720	720	720
Goodwill	1,144	1,144	1,143	1,143	1,143	1,143	1,143	1,143	1,143	1,143	1,143
Other Noncurrent Operating Assets	1,559	1,549	1,519	1,490	1,448	1,522	1,377	1,373	1,453	1,369	1,312
Other Noncurrent Nonoperating Assets	87	89	89	90	90	86	86	83	-	82	90
Total Liabilities & Shareholders' Equity	33,156	32,830	31,790	31,215	31,086	30,298	29,818	29,496	28,286	27,787	27,126
Total Liabilities	22,619	22,495	21,425	21,060	21,076	20,498	19,918	19,793	18,737	20,091	19,365
Total Current Liabilities	2,447	3,150	2,132	1,825	1,857	2,151	1,743	1,764	1,892	2,811	2,130
Short-Term Debt	1,113	1,516	800	575	557	654	492	579	727	1,456	899
Accounts Payable	240	346	259	215	231	294	228	246	193	254	220
Accrued Expenses	539	791	585	607	636	791	605	575	561	706	610
Current Deferred & Payable Income Tax Liabilities	228	156	174	108	89	67	82	65	74	49	69
Other Current Liabilities	196	230	185	207	213	252	212	208	223	255	216
Other Current Nonoperating Liabilities	131	111	129	113	131	93	124	91	114	91	116
Total Noncurrent Liabilities	20,172	19,345	19,293	19,235	19,219	18,347	18,175	18,029	16,845	17,280	17,235
Long-Term Debt	13,318	12,518	12,550	12,553	12,566	11,715	11,698	11,607	10,485	10,926	10,940
Capital Lease Obligations	75	76	77	78	78	73	74	70	70	70	78
Asset Retirement Reserve & Litigation Obligation	1,400	1,416	1,403	1,434	1,460	1,481	1,478	1,524	1,568	1,590	1,614
Noncurrent Deferred Revenue	396	383	379	379	367	352	340	333	321	316	306
Noncurrent Deferred & Payable Income Tax Liabilities	2,936	2,881	2,833	2,780	2,742	2,717	2,632	2,549	2,483	2,437	2,372
Noncurrent Employee Benefit Liabilities	212	217	243	251	256	262	201	209	215	235	250
Other Noncurrent Operating Liabilities	1,835	1,854	1,808	1,760	1,750	1,747	1,752	1,737	1,703	1,706	1,675
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	10,534	10,332	10,362	10,152	10,007	9,797	9,897	9,701	9,547	7,693	7,758
Total Preferred & Common Equity	10,534	10,332	10,362	10,152	10,007	9,797	9,897	9,701	9,547	7,693	7,758
Preferred Stock	3.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	-	3.00	3.00
Total Common Equity	10,534	10,332	10,362	10,152	10,007	9,797	9,897	9,701	9,547	7,693	7,758
Common Stock	8,613	8,600	8,590	8,580	8,563	8,552	8,543	8,531	8,521	6,826	6,815
Retained Earnings	2,317	2,112	2,172	1,971	1,844	1,659	1,764	1,580	1,437	1,267	1,359
Treasury Stock	-398	-392	-392	-392	-392	-388	-388	-388	-388	-377	-377
Accumulated Other Comprehensive Income / (Loss)	2.00	12	-8.00	-7.00	-8.00	-26	-22	-22	-23	-23	-39

This table displays calculated financial ratios and metrics derived from American Water Works' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	10.63%	11.66%	-3.51%	4.05%	4.63%	4.94%	2.47%	1.67%	4.53%	4.92%
EBITDA Growth	12.64%	12.22%	-23.81%	39.11%	7.01%	6.84%	-4.05%	12.01%	2.29%	6.77%
EBIT Growth	12.95%	13.97%	-31.88%	54.59%	8.56%	6.86%	-9.83%	15.16%	0.46%	8.03%
NOPAT Growth	11.92%	14.63%	12.43%	-3.82%	5.81%	14.40%	35.17%	-11.25%	0.78%	7.72%
Net Income Growth	11.33%	15.12%	-35.08%	78.14%	14.17%	9.91%	32.63%	-8.97%	-1.68%	12.53%
EPS Growth	10.00%	8.65%	-35.11%	77.75%	13.99%	8.89%	32.35%	-9.16%	-0.76%	12.34%
Operating Cash Flow Growth	9.12%	69.13%	-23.11%	1.05%	3.11%	-0.22%	-4.35%	12.41%	7.87%	8.93%
Free Cash Flow Firm Growth	-71.51%	67.26%	-708.80%	179.46%	-249.40%	154.32%	-246.51%	-37.35%	-83.36%	-118.70%
Invested Capital Growth	11.23%	9.21%	17.92%	3.60%	9.13%	4.35%	9.95%	5.93%	6.61%	6.55%
Revenue Q/Q Growth	3.74%	2.44%	-0.52%	0.72%	0.56%	1.46%	0.85%	0.57%	0.58%	1.67%
EBITDA Q/Q Growth	5.19%	2.28%	-25.78%	36.83%	2.51%	-0.88%	0.18%	1.74%	1.16%	1.25%
EBIT Q/Q Growth	5.99%	2.20%	-33.89%	53.77%	3.61%	-2.17%	-2.07%	2.94%	1.01%	1.01%
NOPAT Q/Q Growth	6.49%	1.75%	9.95%	-9.68%	1.48%	3.49%	26.15%	-20.64%	1.35%	0.72%
Net Income Q/Q Growth	6.92%	2.61%	-37.78%	65.53%	7.10%	-2.20%	25.00%	-19.32%	0.43%	1.19%
EPS Q/Q Growth	6.52%	1.66%	-37.79%	65.48%	7.12%	-2.00%	24.02%	-19.05%	0.00%	1.93%
Operating Cash Flow Q/Q Growth	5.79%	10.82%	-5.78%	-1.77%	0.00%	3.29%	-2.46%	6.23%	0.39%	7.39%
Free Cash Flow Firm Q/Q Growth	-28.76%	15.03%	-53.96%	416.77%	-2,324.89%	245.19%	20.00%	-32.50%	-364.58%	-100.39%
Invested Capital Q/Q Growth	2.86%	1.60%	2.24%	-2.06%	1.08%	-1.78%	1.17%	1.00%	2.03%	0.77%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	60.33%	59.38%	58.10%	54.78%	57.06%	57.23%	57.01%	59.22%	54.60%	55.56%
EBITDA Margin	55.00%	54.02%	53.74%	68.07%	50.91%	49.78%	48.90%	52.22%	47.40%	48.43%
Operating Margin	36.68%	35.52%	33.57%	30.43%	33.04%	33.63%	32.03%	37.33%	32.86%	34.03%
EBIT Margin	38.17%	37.39%	36.63%	51.88%	34.92%	33.66%	33.05%	37.56%	33.16%	34.50%
Profit (Net Income) Margin	22.44%	22.30%	21.62%	32.14%	18.77%	17.20%	16.42%	12.69%	14.17%	15.07%
Tax Burden Percent	77.34%	78.93%	81.35%	77.01%	76.73%	74.55%	71.79%	46.71%	60.78%	60.87%
Interest Burden Percent	76.01%	75.55%	72.57%	80.43%	70.05%	68.56%	69.22%	72.32%	70.32%	71.74%
Effective Tax Rate	22.66%	21.07%	18.65%	22.99%	23.27%	25.45%	28.21%	53.29%	39.22%	39.13%
Return on Invested Capital (ROIC)	5.75%	5.66%	5.59%	5.52%	6.09%	6.15%	5.75%	4.60%	5.50%	5.82%
ROIC Less NNEP Spread (ROIC-NNEP)	3.62%	3.67%	3.64%	9.00%	3.46%	2.89%	2.97%	2.45%	2.71%	2.97%
Return on Net Nonoperating Assets (RNNOA)	4.69%	5.13%	5.35%	12.85%	5.18%	4.21%	4.29%	3.44%	3.61%	3.72%
Return on Equity (ROE)	10.44%	10.79%	10.94%	18.37%	11.28%	10.36%	10.05%	8.04%	9.12%	9.54%
Cash Return on Invested Capital (CROIC)	-4.88%	-3.14%	-10.85%	1.98%	-2.64%	1.89%	-3.72%	-1.16%	-0.90%	-0.52%
Operating Return on Assets (OROA)	5.66%	5.45%	5.16%	8.02%	5.56%	5.53%	5.59%	6.64%	6.13%	6.55%
Return on Assets (ROA)	3.33%	3.25%	3.04%	4.97%	2.99%	2.83%	2.78%	2.24%	2.62%	2.86%
Return on Common Equity (ROCE)	10.44%	10.79%	10.94%	18.37%	11.28%	10.36%	10.05%	8.04%	9.12%	9.53%
Return on Equity Simple (ROE_SIMPLE)	10.17%	9.64%	10.66%	17.31%	10.99%	10.15%	9.64%	7.91%	8.97%	9.43%
Net Operating Profit after Tax (NOPAT)	1,329	1,187	1,036	921	958	905	791	585	659	654
NOPAT Margin	28.37%	28.04%	27.31%	23.44%	25.35%	25.07%	23.00%	17.43%	19.97%	20.71%
Net Nonoperating Expense Percent (NNEP)	2.13%	1.99%	1.96%	-3.48%	2.64%	3.26%	2.78%	2.14%	2.79%	2.85%
Return On Investment Capital (ROIC_SIMPLE)	5.44%	5.34%	5.14%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	39.67%	40.62%	41.90%	45.22%	42.94%	42.77%	42.99%	40.78%	45.40%	44.44%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	23.66%	23.85%	24.53%	24.35%	24.01%	23.60%	24.97%	21.89%	21.74%	21.53%
Earnings before Interest and Taxes (EBIT)	1,788	1,583	1,389	2,039	1,319	1,215	1,137	1,261	1,095	1,090
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,576	2,287	2,038	2,675	1,923	1,797	1,682	1,753	1,565	1,530
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.33	2.55	3.43	4.45	4.03	3.34	2.53	2.68	2.14	1.80
Price to Tangible Book Value (P/TBV)	2.62	2.89	4.03	5.28	5.31	4.49	3.58	3.61	2.88	2.43
Price to Revenue (P/Rev)	5.15	5.90	6.96	8.27	6.88	5.66	4.31	4.30	3.38	2.88
Price to Earnings (P/E)	22.94	26.45	32.20	25.72	36.66	32.90	26.12	33.89	23.86	19.14
Dividend Yield	2.43%	2.17%	1.77%	1.32%	1.50%	1.73%	2.17%	2.00%	2.34%	2.62%
Earnings Yield	4.36%	3.78%	3.11%	3.89%	2.73%	3.04%	3.83%	2.95%	4.19%	5.22%
Enterprise Value to Invested Capital (EV/IC)	1.57	1.69	1.93	2.55	2.22	1.98	1.61	1.68	1.48	1.34
Enterprise Value to Revenue (EV/Rev)	8.13	8.75	10.22	11.05	9.65	8.25	6.76	6.58	5.53	4.94
Enterprise Value to EBITDA (EV/EBITDA)	14.79	16.20	19.01	16.23	18.95	16.58	13.83	12.59	11.66	10.19
Enterprise Value to EBIT (EV/EBIT)	21.31	23.41	27.89	21.29	27.63	24.52	20.45	17.50	16.66	14.30
Enterprise Value to NOPAT (EV/NOPAT)	28.68	31.21	37.41	47.14	38.05	32.92	29.40	37.71	27.67	23.83
Enterprise Value to Operating Cash Flow (EV/OCF)	18.63	19.77	34.97	30.13	25.55	21.54	16.78	15.23	14.15	13.05
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	131.54	0.00	107.16	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.37	1.27	1.62	1.52	1.71	1.54	1.47	1.43	1.37	1.30
Long-Term Debt to Equity	1.22	1.20	1.43	1.43	1.46	1.41	1.29	1.21	1.10	1.16
Financial Leverage	1.30	1.40	1.47	1.43	1.50	1.46	1.45	1.40	1.33	1.25
Leverage Ratio	3.14	3.32	3.59	3.70	3.77	3.66	3.62	3.58	3.48	3.33
Compound Leverage Factor	2.38	2.51	2.61	2.97	2.64	2.51	2.50	2.59	2.45	2.39
Debt to Total Capital	57.73%	55.95%	61.81%	60.25%	63.07%	60.70%	59.47%	58.90%	57.89%	56.45%
Short-Term Debt to Total Capital	6.20%	2.94%	7.23%	3.49%	9.22%	5.23%	7.15%	9.37%	11.49%	5.88%
Long-Term Debt to Total Capital	51.53%	53.01%	54.58%	56.76%	53.85%	55.47%	52.32%	49.53%	46.40%	50.57%
Preferred Equity to Total Capital	0.01%	0.01%	0.01%	0.00%	0.02%	0.03%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	42.27%	44.05%	38.19%	39.75%	36.93%	39.30%	40.53%	41.10%	42.11%	43.55%
Debt to EBITDA	5.48	5.44	6.11	4.14	5.73	5.26	5.12	4.40	4.58	4.28
Net Debt to EBITDA	5.43	5.28	6.05	4.08	5.43	5.21	5.02	4.36	4.52	4.23
Long-Term Debt to EBITDA	4.89	5.15	5.40	3.90	4.89	4.81	4.50	3.70	3.67	3.83
Debt to NOPAT	10.62	10.48	12.02	12.01	11.51	10.44	10.88	13.19	10.88	10.00
Net Debt to NOPAT	10.53	10.17	11.91	11.86	10.91	10.34	10.68	13.05	10.73	9.90
Long-Term Debt to NOPAT	9.48	9.93	10.62	11.31	9.83	9.55	9.57	11.09	8.72	8.96
Altman Z-Score	0.98	1.09	1.09	1.47	1.14	1.02	0.81	0.85	0.71	0.69
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.15%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.39	0.65	0.44	0.73	0.66	0.63	0.37	0.31	0.33	0.43
Quick Ratio	0.26	0.45	0.25	0.30	0.37	0.26	0.29	0.23	0.25	0.37
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,128	-658	-2,009	330	-415	278	-512	-148	-108	-59
Operating Cash Flow to CapEx	71.60%	72.78%	65.60%	111.53%	78.35%	86.11%	89.36%	102.11%	99.00%	103.46%
Free Cash Flow to Firm to Interest Expense	-2.16	-1.43	-4.64	0.82	-1.05	0.72	0.00	-21.10	0.00	0.00
Operating Cash Flow to Interest Expense	3.91	4.07	2.56	3.58	3.59	3.58	0.00	207.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-1.55	-1.52	-1.34	0.37	-0.99	-0.58	0.00	4.29	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.15	0.15	0.14	0.15	0.16	0.16	0.17	0.18	0.18	0.19
Accounts Receivable Turnover	6.83	6.77	6.72	7.51	7.61	7.58	7.09	6.61	6.27	6.48
Inventory Turnover	17.28	16.38	20.50	34.17	35.65	36.33	36.07	34.23	38.94	37.44
Fixed Asset Turnover	0.18	0.17	0.17	0.19	0.20	0.20	0.20	0.21	0.23	0.23
Accounts Payable Turnover	5.81	6.28	6.50	8.38	8.28	8.17	7.99	7.85	10.71	12.42
Days Sales Outstanding (DSO)	53.46	53.88	54.29	48.57	47.98	48.18	51.51	55.23	58.25	56.33
Days Inventory Outstanding (DIO)	21.12	22.28	17.80	10.68	10.24	10.05	10.12	10.66	9.37	9.75
Days Payable Outstanding (DPO)	62.86	58.15	56.16	43.55	44.11	44.68	45.66	46.52	34.09	29.38
Cash Conversion Cycle (CCC)	11.71	18.02	15.93	15.71	14.11	13.55	15.98	19.37	33.54	36.70
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	24,342	21,885	20,040	16,995	16,404	15,031	14,404	13,101	12,368	11,601
Invested Capital Turnover	0.20	0.20	0.20	0.24	0.24	0.25	0.25	0.26	0.28	0.28
Increase / (Decrease) in Invested Capital	2,457	1,845	3,045	591	1,373	627	1,303	733	767	713
Enterprise Value (EV)	38,101	37,053	38,742	43,416	36,439	29,795	23,257	22,073	18,245	15,590
Market Capitalization	24,113	24,972	26,404	32,490	25,990	20,428	14,811	14,438	11,168	9,112
Book Value per Share	$53.01	$50.32	$42.31	$40.20	$35.60	$33.86	$32.47	$30.19	$29.31	$28.13
Tangible Book Value per Share	$47.14	$44.45	$36.02	$33.93	$27.00	$25.19	$22.89	$22.41	$21.76	$20.88
Total Capital	24,442	22,239	20,145	18,360	17,475	15,574	14,468	13,102	12,390	11,593
Total Debt	14,110	12,442	12,452	11,062	11,021	9,453	8,604	7,717	7,172	6,544
Total Long-Term Debt	12,594	11,788	10,996	10,421	9,410	8,639	7,569	6,490	5,749	5,862
Net Debt	13,985	12,078	12,335	10,926	10,445	9,362	8,446	7,635	7,077	6,478
Capital Expenditures (CapEx)	2,856	2,575	1,689	1,292	1,820	1,606	1,551	1,419	1,302	1,155
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-544	-472	-222	-82	60	-37	-436	-460	-280	-260
Debt-free Net Working Capital (DFNWC)	-419	-108	-105	54	636	54	-278	-378	-185	-194
Net Working Capital (NWC)	-1,935	-762	-1,561	-587	-975	-760	-1,313	-1,605	-1,608	-876
Net Nonoperating Expense (NNE)	278	243	216	-342	249	284	226	159	191	178
Net Nonoperating Obligations (NNO)	14,010	12,088	12,347	9,697	9,950	8,910	8,540	7,716	7,150	6,552
Total Depreciation and Amortization (D&A)	788	704	649	636	604	582	545	492	470	440
Debt-free, Cash-free Net Working Capital to Revenue	-11.61%	-11.15%	-5.85%	-2.09%	1.59%	-1.02%	-12.67%	-13.70%	-8.48%	-8.23%
Debt-free Net Working Capital to Revenue	-8.95%	-2.55%	-2.77%	1.37%	16.84%	1.50%	-8.08%	-11.26%	-5.60%	-6.14%
Net Working Capital to Revenue	-41.31%	-18.00%	-41.17%	-14.94%	-25.81%	-21.05%	-38.17%	-47.81%	-48.70%	-27.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.39	$4.90	$4.51	$6.96	$3.91	$3.44	$3.16	$2.39	$2.63	$2.66
Adjusted Weighted Average Basic Shares Outstanding	195M	193M	182M	182M	181M	181M	180M	178M	178M	179M
Adjusted Diluted Earnings per Share	$5.39	$4.90	$4.51	$6.95	$3.91	$3.43	$3.15	$2.38	$2.62	$2.64
Adjusted Weighted Average Diluted Shares Outstanding	195M	193M	182M	182M	182M	181M	180M	179M	179M	180M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	194.95M	194.76M	181.86M	181.72M	181.44M	180.97M	180.75M	178.55M	178.21M	178.01M
Normalized Net Operating Profit after Tax (NOPAT)	1,329	1,187	1,036	921	958	905	818	866	653	653
Normalized NOPAT Margin	28.37%	28.04%	27.31%	23.44%	25.35%	25.07%	23.77%	25.79%	19.79%	20.66%
Pre Tax Income Margin	29.01%	28.25%	26.58%	41.73%	24.46%	23.07%	22.88%	27.17%	23.32%	24.75%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.42	3.44	3.21	5.06	3.32	3.15	0.00	180.14	0.00	0.00
NOPAT to Interest Expense	2.54	2.58	2.39	2.29	2.41	2.34	0.00	83.61	0.00	0.00
EBIT Less CapEx to Interest Expense	-2.04	-2.16	-0.69	1.85	-1.26	-1.01	0.00	-22.57	0.00	0.00
NOPAT Less CapEx to Interest Expense	-2.92	-3.02	-1.51	-0.92	-2.17	-1.82	0.00	-119.10	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	55.66%	56.36%	56.95%	33.89%	54.87%	56.84%	56.46%	67.84%	55.77%	50.21%
Augmented Payout Ratio	55.66%	56.36%	56.95%	33.89%	54.87%	62.64%	64.42%	80.52%	69.66%	76.68%

This table displays calculated financial ratios and metrics derived from American Water Works' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.96%	16.38%	13.37%	4.74%	7.78%	10.85%	7.86%	17.08%	11.40%	-2.10%	-0.92%
EBITDA Growth	14.72%	25.60%	12.54%	5.43%	8.83%	11.46%	7.96%	18.79%	11.19%	-61.41%	4.32%
EBIT Growth	14.62%	32.06%	12.38%	3.32%	8.57%	12.10%	7.97%	24.18%	12.50%	-71.70%	5.22%
NOPAT Growth	13.03%	34.53%	10.59%	1.68%	6.34%	8.81%	6.78%	28.33%	16.37%	35.80%	4.20%
Net Income Growth	10.81%	39.77%	8.36%	-1.07%	8.82%	16.33%	8.75%	28.44%	7.59%	-77.21%	6.83%
EPS Growth	10.53%	37.08%	8.43%	-1.39%	4.40%	9.88%	1.84%	20.00%	4.60%	-77.18%	6.54%
Operating Cash Flow Growth	-13.35%	21.25%	7.27%	-19.58%	34.04%	53.20%	11.44%	921.43%	85.06%	-16.50%	11.59%
Free Cash Flow Firm Growth	-22.32%	-32.97%	-9.14%	-10.60%	26.83%	43.08%	17.45%	10.89%	-87.88%	-554.55%	-141.59%
Invested Capital Growth	10.29%	11.23%	9.86%	10.14%	9.29%	9.21%	9.90%	10.25%	13.87%	17.92%	12.95%
Revenue Q/Q Growth	-4.91%	-9.22%	15.14%	13.65%	-2.03%	-11.57%	6.38%	16.95%	0.75%	-13.96%	15.47%
EBITDA Q/Q Growth	-2.41%	-18.35%	15.61%	24.53%	6.85%	-26.84%	8.31%	28.54%	9.44%	-29.14%	19.17%
EBIT Q/Q Growth	-5.77%	-26.11%	20.56%	36.55%	8.57%	-37.13%	10.84%	43.49%	12.10%	-39.44%	27.47%
NOPAT Q/Q Growth	-10.72%	-24.80%	21.77%	38.24%	6.26%	-38.17%	11.96%	44.58%	8.72%	-39.33%	34.56%
Net Income Q/Q Growth	-14.23%	-31.71%	26.35%	49.73%	8.19%	-47.06%	15.36%	64.71%	15.65%	-50.51%	36.24%
EPS Q/Q Growth	-13.93%	-32.22%	26.76%	49.47%	6.74%	-46.39%	15.28%	58.24%	12.35%	-50.31%	35.83%
Operating Cash Flow Q/Q Growth	-48.20%	-5.89%	96.81%	-9.69%	-27.51%	-16.75%	47.55%	50.53%	-17.15%	-39.44%	1,252.38%
Free Cash Flow Firm Q/Q Growth	4.40%	-25.64%	5.23%	-7.45%	-3.93%	-3.13%	3.97%	28.92%	19.15%	-49.57%	-3.66%
Invested Capital Q/Q Growth	2.52%	2.86%	1.63%	2.92%	3.39%	1.60%	1.88%	2.13%	3.31%	2.24%	2.20%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	59.02%	56.79%	62.51%	62.84%	58.85%	54.26%	62.64%	61.80%	58.10%	53.49%	61.55%
EBITDA Margin	53.24%	51.87%	57.67%	57.44%	52.42%	48.06%	58.10%	57.06%	51.92%	47.80%	58.04%
Operating Margin	32.49%	33.31%	41.04%	39.08%	32.25%	28.97%	40.96%	39.38%	31.45%	28.03%	40.57%
EBIT Margin	34.33%	34.64%	42.55%	40.64%	33.83%	30.52%	42.93%	41.20%	33.58%	30.18%	42.88%
Profit (Net Income) Margin	17.95%	19.90%	26.46%	24.11%	18.30%	16.57%	27.68%	25.52%	18.12%	15.79%	27.45%
Tax Burden Percent	75.93%	78.88%	77.26%	76.73%	76.45%	78.44%	79.36%	78.43%	79.44%	82.58%	80.93%
Interest Burden Percent	68.88%	72.84%	80.46%	77.30%	70.76%	69.21%	81.24%	78.98%	67.94%	63.35%	79.09%
Effective Tax Rate	24.07%	21.12%	22.74%	23.27%	23.55%	21.56%	20.64%	21.57%	20.56%	17.42%	19.07%
Return on Invested Capital (ROIC)	4.99%	5.32%	6.33%	5.88%	4.90%	4.59%	6.53%	6.20%	5.00%	4.74%	6.77%
ROIC Less NNEP Spread (ROIC-NNEP)	4.43%	4.74%	5.78%	5.33%	4.36%	4.07%	6.05%	5.69%	4.41%	4.12%	6.25%
Return on Net Nonoperating Assets (RNNOA)	5.83%	6.14%	7.11%	6.60%	5.30%	5.69%	8.05%	7.60%	5.67%	6.06%	9.55%
Return on Equity (ROE)	10.82%	11.47%	13.45%	12.49%	10.20%	10.28%	14.58%	13.80%	10.67%	10.80%	16.32%
Cash Return on Invested Capital (CROIC)	-4.07%	-4.88%	-3.88%	-4.21%	-3.32%	-3.14%	-3.76%	-4.08%	-7.47%	-10.85%	-7.06%
Operating Return on Assets (OROA)	5.15%	5.14%	6.24%	5.84%	4.91%	4.45%	6.23%	5.95%	4.84%	4.25%	6.23%
Return on Assets (ROA)	2.69%	2.95%	3.88%	3.46%	2.65%	2.42%	4.02%	3.69%	2.61%	2.22%	3.99%
Return on Common Equity (ROCE)	10.82%	11.47%	13.45%	12.49%	10.20%	10.28%	14.58%	13.80%	10.67%	10.80%	16.32%
Return on Equity Simple (ROE_SIMPLE)	10.17%	0.00%	9.49%	9.42%	9.58%	0.00%	9.30%	9.22%	8.71%	0.00%	16.99%
Net Operating Profit after Tax (NOPAT)	282	316	420	345	249	235	379	339	234	216	355
NOPAT Margin	24.67%	26.27%	31.71%	29.98%	24.65%	22.73%	32.51%	30.89%	24.98%	23.15%	32.83%
Net Nonoperating Expense Percent (NNEP)	0.57%	0.59%	0.56%	0.55%	0.54%	0.52%	0.48%	0.51%	0.59%	0.62%	0.52%
Return On Investment Capital (ROIC_SIMPLE)	1.12%	1.29%	-	-	-	1.05%	-	-	-	1.07%	-
Cost of Revenue to Revenue	40.98%	43.21%	37.49%	37.16%	41.15%	45.74%	37.36%	38.20%	41.90%	46.51%	38.45%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	26.53%	23.48%	21.47%	23.76%	26.61%	25.29%	21.68%	22.42%	26.65%	25.46%	20.98%
Earnings before Interest and Taxes (EBIT)	392	416	563	467	342	315	501	452	315	281	464
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	608	623	763	660	530	496	678	626	487	445	628
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.73	2.33	2.75	2.47	2.35	2.55	2.38	2.79	2.70	3.43	2.93
Price to Tangible Book Value (P/TBV)	3.06	2.62	3.09	2.78	2.66	2.89	2.69	3.16	3.07	4.03	3.43
Price to Revenue (P/Rev)	5.97	5.15	6.31	5.74	5.46	5.90	5.70	6.68	6.63	6.96	5.96
Price to Earnings (P/E)	26.85	22.94	28.99	26.18	24.54	26.45	25.62	30.23	31.00	32.20	17.23
Dividend Yield	2.07%	2.43%	2.01%	2.25%	2.34%	2.17%	2.25%	1.92%	1.85%	1.77%	2.01%
Earnings Yield	3.72%	4.36%	3.45%	3.82%	4.08%	3.78%	3.90%	3.31%	3.23%	3.11%	5.80%
Enterprise Value to Invested Capital (EV/IC)	1.73	1.57	1.76	1.64	1.60	1.69	1.63	1.82	1.78	1.93	1.76
Enterprise Value to Revenue (EV/Rev)	8.96	8.13	9.25	8.75	8.38	8.75	8.51	9.50	9.47	10.22	9.06
Enterprise Value to EBITDA (EV/EBITDA)	16.25	14.79	17.05	16.13	15.50	16.20	15.73	17.60	17.65	19.01	12.57
Enterprise Value to EBIT (EV/EBIT)	23.47	21.31	24.75	23.47	22.43	23.41	22.71	25.44	25.87	27.89	16.43
Enterprise Value to NOPAT (EV/NOPAT)	31.69	28.68	33.47	31.57	30.03	31.21	30.15	33.65	34.46	37.41	36.65
Enterprise Value to Operating Cash Flow (EV/OCF)	21.63	18.63	21.60	20.21	18.32	19.77	20.80	23.66	29.73	34.97	29.35
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.38	1.37	1.30	1.30	1.32	1.27	1.24	1.26	1.18	1.62	1.54
Long-Term Debt to Equity	1.27	1.22	1.22	1.24	1.26	1.20	1.19	1.20	1.11	1.43	1.42
Financial Leverage	1.32	1.30	1.23	1.24	1.22	1.40	1.33	1.33	1.29	1.47	1.53
Leverage Ratio	3.13	3.14	3.04	3.06	3.04	3.32	3.23	3.25	3.17	3.59	3.59
Compound Leverage Factor	2.15	2.28	2.45	2.36	2.15	2.30	2.62	2.56	2.16	2.28	2.84
Debt to Total Capital	57.93%	57.73%	56.44%	56.54%	56.88%	55.95%	55.34%	55.82%	54.16%	61.81%	60.57%
Short-Term Debt to Total Capital	4.44%	6.20%	3.36%	2.46%	2.40%	2.94%	2.22%	2.64%	3.49%	7.23%	4.57%
Long-Term Debt to Total Capital	53.49%	51.53%	53.08%	54.08%	54.48%	53.01%	53.12%	53.18%	50.67%	54.58%	56.00%
Preferred Equity to Total Capital	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.00%	0.01%	0.02%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	42.07%	42.27%	43.56%	43.46%	43.12%	44.05%	44.66%	44.18%	45.84%	38.19%	39.43%
Debt to EBITDA	5.47	5.48	5.48	5.59	5.67	5.44	5.48	5.61	5.41	6.11	4.34
Net Debt to EBITDA	5.42	5.43	5.41	5.54	5.40	5.28	5.19	5.23	5.29	6.05	4.30
Long-Term Debt to EBITDA	5.05	4.89	5.16	5.34	5.43	5.15	5.26	5.34	5.06	5.40	4.01
Debt to NOPAT	10.66	10.62	10.76	10.93	10.98	10.48	10.51	10.72	10.55	12.02	12.65
Net Debt to NOPAT	10.56	10.53	10.63	10.85	10.46	10.17	9.95	10.00	10.33	11.91	12.54
Long-Term Debt to NOPAT	9.84	9.48	10.12	10.45	10.51	9.93	10.09	10.21	9.87	10.62	11.70
Altman Z-Score	1.00	0.85	1.06	0.97	0.92	0.95	0.99	1.09	1.05	0.95	0.92
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.49	0.39	0.58	0.64	0.85	0.65	1.04	1.13	0.71	0.44	0.48
Quick Ratio	0.34	0.26	0.42	0.43	0.66	0.45	0.76	0.84	0.43	0.25	0.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2,047	-2,141	-1,704	-1,798	-1,674	-1,610	-1,562	-1,626	-2,288	-2,829	-1,892
Operating Cash Flow to CapEx	60.40%	71.48%	99.41%	51.49%	62.73%	66.21%	101.12%	68.42%	54.18%	49.14%	94.35%
Free Cash Flow to Firm to Interest Expense	-14.22	-15.75	-12.91	-13.73	-13.50	-13.65	-13.35	-14.78	-19.89	-24.39	-17.04
Operating Cash Flow to Interest Expense	2.30	4.70	5.14	2.63	3.08	4.47	5.41	3.90	2.48	2.97	5.12
Operating Cash Flow Less CapEx to Interest Expense	-1.51	-1.88	-0.03	-2.48	-1.83	-2.28	0.06	-1.80	-2.10	-3.07	-0.31
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.15	0.15	0.15	0.14	0.15	0.15	0.15	0.14	0.14	0.14	0.15
Accounts Receivable Turnover	7.13	6.83	6.17	6.17	6.91	6.77	6.21	6.00	6.90	6.72	6.21
Inventory Turnover	17.21	17.28	16.77	15.92	15.99	16.38	16.48	17.12	18.60	20.50	22.56
Fixed Asset Turnover	0.18	0.18	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.18
Accounts Payable Turnover	8.11	5.81	7.44	7.60	8.22	6.28	7.50	7.52	8.79	6.50	8.34
Days Sales Outstanding (DSO)	51.21	53.46	59.14	59.16	52.80	53.88	58.77	60.86	52.90	54.29	58.79
Days Inventory Outstanding (DIO)	21.21	21.12	21.77	22.93	22.83	22.28	22.15	21.32	19.63	17.80	16.18
Days Payable Outstanding (DPO)	45.00	62.86	49.08	48.05	44.39	58.15	48.64	48.56	41.51	56.16	43.77
Cash Conversion Cycle (CCC)	27.41	11.71	31.83	34.04	31.23	18.02	32.28	33.61	31.02	15.93	31.20
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	24,955	24,342	23,665	23,286	22,626	21,885	21,541	21,143	20,703	20,040	19,600
Invested Capital Turnover	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.21
Increase / (Decrease) in Invested Capital	2,329	2,457	2,124	2,143	1,923	1,845	1,941	1,965	2,522	3,045	2,247
Enterprise Value (EV)	43,136	38,101	41,760	38,139	36,112	37,053	35,174	38,464	36,832	38,742	34,521
Market Capitalization	28,759	24,113	28,497	25,028	23,534	24,972	23,568	27,030	25,792	26,404	22,705
Book Value per Share	$54.04	$53.01	$53.18	$52.11	$51.32	$50.32	$50.84	$49.84	$52.50	$42.31	$42.68
Tangible Book Value per Share	$48.17	$47.14	$47.31	$46.24	$45.46	$44.45	$44.97	$43.97	$46.21	$36.02	$36.39
Total Capital	25,040	24,442	23,789	23,358	23,208	22,239	22,161	21,957	20,829	20,145	19,675
Total Debt	14,506	14,110	13,427	13,206	13,201	12,442	12,264	12,256	11,282	12,452	11,917
Total Long-Term Debt	13,393	12,594	12,627	12,631	12,644	11,788	11,772	11,677	10,555	10,996	11,018
Net Debt	14,374	13,985	13,260	13,108	12,575	12,078	11,603	11,432	11,040	12,335	11,813
Capital Expenditures (CapEx)	548	894	683	670	609	796	626	627	526	700	602
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-272	-544	-262	-183	-339	-472	-108	-20	-69	-222	-318
Debt-free Net Working Capital (DFNWC)	-140	-419	-95	-85	287	-108	553	804	173	-105	-214
Net Working Capital (NWC)	-1,253	-1,935	-895	-660	-270	-762	61	225	-554	-1,561	-1,113
Net Nonoperating Expense (NNE)	77	77	70	68	64	64	56	59	64	69	58
Net Nonoperating Obligations (NNO)	14,421	14,010	13,303	13,134	12,619	12,088	11,644	11,442	11,156	12,347	11,842
Total Depreciation and Amortization (D&A)	216	207	200	193	188	181	177	174	172	164	164
Debt-free, Cash-free Net Working Capital to Revenue	-5.65%	-11.61%	-5.80%	-4.20%	-7.87%	-11.15%	-2.61%	-0.49%	-1.77%	-5.85%	-8.34%
Debt-free Net Working Capital to Revenue	-2.91%	-8.95%	-2.10%	-1.95%	6.66%	-2.55%	13.38%	19.86%	4.45%	-2.77%	-5.61%
Net Working Capital to Revenue	-26.02%	-41.31%	-19.82%	-15.14%	-6.27%	-18.00%	1.48%	5.56%	-14.25%	-41.17%	-29.20%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.05	$1.22	$1.80	$1.42	$0.95	$0.89	$1.66	$1.44	$0.91	$0.81	$1.63
Adjusted Weighted Average Basic Shares Outstanding	195M	195M	195M	195M	195M	193M	195M	195M	186M	182M	182M
Adjusted Diluted Earnings per Share	$1.05	$1.22	$1.80	$1.42	$0.95	$0.89	$1.66	$1.44	$0.91	$0.81	$1.63
Adjusted Weighted Average Diluted Shares Outstanding	195M	195M	195M	195M	195M	193M	195M	195M	186M	182M	182M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	195.01M	194.95M	194.89M	194.86M	194.82M	194.76M	194.70M	194.67M	194.64M	181.86M	181.83M
Normalized Net Operating Profit after Tax (NOPAT)	282	316	420	345	249	235	379	339	234	216	355
Normalized NOPAT Margin	24.67%	26.27%	31.71%	29.98%	24.65%	22.73%	32.51%	30.89%	24.98%	23.15%	32.83%
Pre Tax Income Margin	23.64%	25.23%	34.24%	31.42%	23.94%	21.12%	34.88%	32.54%	22.81%	19.12%	33.92%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.72	3.06	4.27	3.56	2.76	2.67	4.28	4.11	2.74	2.42	4.18
NOPAT to Interest Expense	1.96	2.32	3.18	2.63	2.01	1.99	3.24	3.08	2.04	1.86	3.20
EBIT Less CapEx to Interest Expense	-1.08	-3.51	-0.91	-1.55	-2.15	-4.08	-1.07	-1.59	-1.83	-3.61	-1.24
NOPAT Less CapEx to Interest Expense	-1.85	-4.25	-2.00	-2.48	-2.90	-4.76	-2.11	-2.62	-2.54	-4.18	-2.22
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	55.65%	55.66%	58.29%	58.79%	57.46%	56.36%	55.87%	55.48%	57.33%	56.95%	34.75%
Augmented Payout Ratio	55.65%	55.66%	58.29%	58.79%	57.46%	56.36%	55.87%	55.48%	57.33%	56.95%	34.75%

Frequently Asked Questions About American Water Works' Financials

When does American Water Works's fiscal year end?

According to the most recent income statement we have on file, American Water Works' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has American Water Works' net income changed over the last 9 years?

American Water Works' net income appears to be on an upward trend, with a most recent value of $1.05 billion in 2024, rising from $476 million in 2015. The previous period was $944 million in 2023. See American Water Works' forecast for analyst expectations on what’s next for the company.

What is American Water Works's operating income?

American Water Works's total operating income in 2024 was $1.72 billion, based on the following breakdown:

Total Gross Profit: $2.83 billion
Total Operating Expenses: $1.11 billion

How has American Water Works revenue changed over the last 9 years?

Over the last 9 years, American Water Works' total revenue changed from $3.16 billion in 2015 to $4.68 billion in 2024, a change of 48.3%.

How much debt does American Water Works have?

American Water Works' total liabilities were at $22.50 billion at the end of 2024, a 9.7% increase from 2023, and a 84.7% increase since 2015.

How much cash does American Water Works have?

In the past 9 years, American Water Works' cash and equivalents has ranged from $45 million in 2015 to $547 million in 2020, and is currently $96 million as of their latest financial filing in 2024.

How has American Water Works' book value per share changed over the last 9 years?

Over the last 9 years, American Water Works' book value per share changed from 28.13 in 2015 to 53.01 in 2024, a change of 88.4%.

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This page (NYSE:AWK) was last updated on 5/25/2025 by MarketBeat.com Staff

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American Water Works (AWK) Financials

Frequently Asked Questions About American Water Works' Financials

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American Water Works (AWK) Financials

Annual Income Statements for American Water Works

Quarterly Income Statements for American Water Works

Annual Cash Flow Statements for American Water Works

Quarterly Cash Flow Statements for American Water Works

Annual Balance Sheets for American Water Works

Quarterly Balance Sheets for American Water Works

Annual Metrics And Ratios for American Water Works

Quarterly Metrics And Ratios for American Water Works

Frequently Asked Questions About American Water Works' Financials

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