AMERICAN STATES WATER COAWREarnings & Financial Report
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
Revenue
$148.0M
Gross Profit
$135.1M
Operating Profit
$45.5M
Net Profit
$26.8M
Gross Margin
91.3%
Operating Margin
30.8%
Net Margin
18.1%
YoY Growth
9.4%
EPS
$0.70
AMERICAN STATES WATER CO Q1 FY2025 Financial Summary
AMERICAN STATES WATER CO reported revenue of $148.0M (up 9.4% YoY) for Q1 FY2025, with a net profit of $26.8M (up 16.0% YoY) (18.1% margin). Cost of goods sold was $12.9M, operating expenses totaled $89.5M.
Key Financial Metrics
| Total Revenue | $148.0M |
|---|---|
| Net Profit | $26.8M |
| Gross Margin | 91.3% |
| Operating Margin | 30.8% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
AMERICAN STATES WATER CO Q1 FY2025 revenue of $148.0M breaks down across 4 segments, led by Tariffbased Revenues at $100.3M (67.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Tariffbased Revenues | $100.3M | 67.8% |
| Contracted Services | $31.0M | 20.9% |
| Public Utilities Inventory Water | $16.6M | 11.2% |
| Alternativerevenuesprogram | $1.2M | 0.8% |
AMERICAN STATES WATER CO Revenue by Segment — Quarterly Trend
AMERICAN STATES WATER CO revenue by segment across the last 4 reported quarters, showing how each business line (such as Tariffbased Revenues and Contracted Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Tariffbased Revenues | — | $130.2M | $117.2M | $100.3M |
| Contracted Services | — | — | — | $31.0M |
| Public Utilities Inventory Water | $22.3M | $21.0M | $14.4M | $16.6M |
| Alternativerevenuesprogram | — | — | — | $1.2M |
AMERICAN STATES WATER CO Annual Revenue by Year
AMERICAN STATES WATER CO annual revenue history includes year-by-year totals (for example, 2025 revenue was $658.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $658.1M |
| 2024 | $595.5M |
| 2023 | $595.7M |
| 2022 | $491.5M |
AMERICAN STATES WATER CO Quarterly Revenue & Net Profit History
AMERICAN STATES WATER CO results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $164.3M | +14.8% | $28.7M | 17.5% |
| Q3 FY2025 | $182.7M | +12.9% | $41.2M | 22.5% |
| Q2 FY2025 | $163.1M | +5.0% | $33.7M | 20.7% |
| Q1 FY2025 | $148.0M | +9.4% | $26.8M | 18.1% |
| Q4 FY2024 | $143.1M | +14.3% | $28.4M | 19.9% |
| Q3 FY2024 | $161.8M | +6.6% | $35.8M | 22.1% |
| Q2 FY2024 | $155.3M | -1.3% | $31.9M | 20.5% |
| Q1 FY2024 | $135.3M | -16.2% | $23.1M | 17.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $135.3M | $155.3M | $161.8M | $143.1M | $148.0M | $163.1M | $182.7M | $164.3M |
| YoY Growth | -16.2% | -1.3% | 6.6% | 14.3% | 9.4% | 5.0% | 12.9% | 14.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.29B | $2.35B | $2.42B | $2.50B | $2.55B | $2.61B | $2.66B | $2.72B |
| Liabilities | $1.49B | $1.51B | $1.54B | $1.58B | $1.59B | $1.64B | $1.65B | $1.67B |
| Equity | $800.5M | $833.5M | $879.5M | $920.1M | $956.4M | $972.5M | $1.01B | $1.05B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $45.8M | $24.7M | $63.7M | $64.5M | $45.1M | $64.6M | $92.4M | $27.7M |