AWRNYSE—63

AMERICAN STATES WATER CO

Water & Related UtilitiesVerified

AMERICAN STATES WATER CO (AWR) is currently classified as Utilities within Water & Related Utilities (Utilities). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 2,715,092,000 USD, total equity 1,045,581,000, short-term debt 0, long-term debt 782,700,000. Net cash position is approximately -763,876,000 USD. Profitability profile: revenue 658,073,000, gross profit 0, operating income 203,275,000, net income 130,442,000. Return on equity ~12.5%. Return on assets ~4.8%. Operating-cash-flow to net-income ratio is 1.76. Risk profile from automated assessment: liquidity risk medium, dilution risk medium. Flags: Net cash is negative after subtracting total debt.; Source documents mention dilution or offering risk..

30-day price · AWR+2.66 (+3.6%)

Low$72.50High$81.24Close$75.92As of18 May, 00:00 UTC

Profile

CompanyAMERICAN STATES WATER CO

ExchangeNYSE

TickerAWR

CIK0001056903

SICWater Supply

SectorUtilities

BusinessUtilities

Industry groupUtilities

IndustryWater & Related Utilities

AI analysis

Business. AMERICAN STATES WATER CO is classified under Utilities / Water & Related Utilities and appears profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Water & Related Utilities, Utilities, Utilities.

Key takeaways

Return on equity is about 12.5%.
Debt to equity is about 0.75x.
Companyfacts coverage was partial; recent filing facts backfilled goodwill.

Financial snapshot

PeriodFY2025

CurrencyUSD

Revenue$658.1M

Gross profit—

Operating income$203.3M

Net income$130.4M

R&D—

SG&A$102.8M

D&A$47.8M

SBC$3.6M

Operating cash flow$229.7M

CapEx$236.8M

Free cash flow-$7.1M

Total assets$2.72B

Total liabilities—

Total equity$1.05B

Cash & equivalents$18.8M

Long-term debt$782.7M

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY2025$658.1M$203.3M$130.4M-$7.1M

FY2024$595.5M$184.5M$119.3M-$33.2M

FY2025$595.5M$184.5M$119.3M-$33.2M

FY2023$595.7M$196.7M$124.9M-$120.9M

FY2024$595.7M$196.7M$124.9M-$120.9M

PeriodGross %Op %Net %FCF %

FY2025————

FY2024————

FY2025————

FY2023————

FY2024————

PeriodAssetsEquityCashDebt

FY2025$2.72B$1.05B$18.8M—

FY2024$2.50B$920.1M$26.7M—

FY2025$2.50B$920.1M$26.7M—

FY2023$2.25B$776.1M$14.1M—

FY2024$2.25B$776.1M$14.1M—

PeriodOCFCapExFCFSBC

FY2025$229.7M$236.8M-$7.1M$3.6M

FY2024$198.7M$232.0M-$33.2M$3.7M

FY2025$198.7M$232.0M-$33.2M$3.7M

FY2023$67.7M$188.5M-$120.9M$3.3M

FY2024$67.7M$188.5M-$120.9M$3.3M

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

Q3 2025$493.8M$158.2M$101.7M$28.9M

Q2 2025$311.1M$96.5M$60.5M-$8.8M

Q3 2025——$33.7M—

Q1 2025$148.0M$45.5M$26.8M-$22.5M

PeriodGross %Op %Net %FCF %

Q3 2025————

Q2 2025————

Q3 2025————

Q1 2025————

PeriodAssetsEquityCashDebt

Q3 2025$2.66B$1.01B$26.1M—

Q2 2025$2.61B$972.5M$20.2M—

Q3 2025—$972.5M——

Q1 2025$2.55B$956.4M$21.2M—

PeriodOCFCapExFCFSBC

Q3 2025$202.0M$173.1M$28.9M$3.4M

Q2 2025$109.6M$118.5M-$8.8M$3.1M

Q3 2025————

Q1 2025$45.1M$67.6M-$22.5M$2.7M

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book—

Net cash-$763.9M

Current ratio1.3

Debt/Equity0.8

ROA4.8%

ROE12.5%

Cash conversion1.8%

CapEx/Revenue36.0%

SBC/Revenue0.5%

Asset intensity0.8

Dilution ratio-1.1%

Risk assessment

Dilution riskMedium

Liquidity riskMedium

Net cash is negative after subtracting total debt.
Source documents mention dilution or offering risk.

Industry benchmarks

Activity: Utilities · cohort 10 companies

MetricAWRActivity

Op margin30.9%23.0% medp25 18.0% · p75 24.5%top quartile

Net margin19.8%12.8% medp25 9.6% · p75 14.9%top quartile

Gross margin—36.3% medp25 36.3% · p75 36.3%

R&D / revenue—144.6% medp25 144.6% · p75 144.6%

CapEx / revenue36.0%36.1% medp25 30.7% · p75 43.6%below median

Debt / equity75.0%106.3% medp25 83.9% · p75 133.8%bottom quartile

Observations

IR observations

market data ESG controversies score100.0

market data ESG governance pillar82.1

market data ESG social pillar30.9

market data insider trading score5.0

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

SEC filingstype companyfacts · CIK 0001056903 · 365 us-gaap concepts

data.sec.gov/CIK0001056903.json

2026-05-01 15:43 UTC#3f5e7ed1

Source: analysis-pipeline (hybrid)Generated: 2026-05-01 15:44 UTCJob: 80fe3e0f