- Regulated Water
- Utilities
-
4.90
EPS
-
29.02
P/E
-
27.7B
MARKET CAP
-
1.53%
DIV YIELD
Company Overview
1 WATER STREET,CAMDEN NJ 08102-1658,856-955-4001
CEO
Ms. M. Susan Hardwick
Employess
6500
Sector
Utilities
Industry
Regulated Water
Website
https://www.amwater.com
American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.4 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems. It also provides water and wastewater services on various military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. In addition, the company operates approximately 80 surface water treatment plants; 480 groundwater treatment plants; 160 wastewater treatment plants; 52,500 miles of transmission, distribution, and collection mains and pipes; 1,100 groundwater wells; 1,700 water and wastewater pumping stations; 1,300 treated water storage facilities; and 76 dams. It serves approximately 14 million people with drinking water, wastewater, and other related services in 24 states. American Water Works Company, Inc. was founded in 1886 and is headquartered in Camden, New Jersey.
Next Earnings Date
Nov. 6, 2024
Ex Dividends date
Sep. 04, 2024
Dividend Date
Aug. 13, 2024
YTD Performance
6.57%
Fiscal Year End
12-31
IPO Date
2008-04-23
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 3.85% | 4.24% | 3.88% | 11.66% |
EPS | 8.92% | 9.19% | 7.65% | 8.43% |
Equity | 7.56% | 10.81% | 14.93% | 27.35% |
Cash | 28.46% | 20.48% | -15.50% | 288.24% |
Return On Capital (ROIC) | 5.30% | 5.31% | 5.17% | 5.34% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 654 | 1,460 | 641 | 1,610 | 814 |
Long Term Debt | 11,800 | 11,000 | 10,400 | 9,410 | 8,730 |
LT Finance Leases | 73 | 70 | 80 | 81 | 89 |
Shares Outstanding | 193 | 182 | 182 | 181 | 181 |
Market Cap | 25,500 | 27,700 | 34,400 | 27,800 | 22,200 |
Price
News
Hawaii American Water Files Rate Request Driven by $41 Million in Wastewater System Investments
1 monthHONOLULU--(BUSINESS WIRE)--On August 2, Hawaii American Water filed a rate adjustment request with the Hawaii Public Utilities Commission (HPUC) for its Hawaii Kai, Mauna Lani, and Waimea wastewater service customers reflecting $41 million in local wastewater infrastructure replacement and upgrades in all three districts. The request reinforces the company's commitment to replace aging infrastructure, provide safe and reliable service, and comply with environmental regulations. “We carefully pl.
businesswire.com7 Stable Dividend Stocks to Buy Ahead of Uncharted Political Territory
2 monthsAfter what seemed like a slam-dunk victory for former President Donald Trump, circumstances in the political realm have become much more exciting. It's not entirely clear that Vice President Kamala Harris can do enough to change the dynamics of the race to her favor.
investorplace.comNew Jersey American Water Seeks Applications for Diverse Supplier Development Program
2 monthsCAMDEN, N.J.--(BUSINESS WIRE)--New Jersey American Water is seeking applications for its newly created Diverse Supplier Development Program, which provides diverse suppliers with the knowledge and skills to compete for business from a wide variety of companies, including New Jersey American Water. Applications for the program close on August 9, 2024. “Building strong relationships with a diverse range of suppliers drives innovation, reduces costs, promotes sustainability, and supports our missi.
businesswire.comAmerican Water Works: Buy This Dividend Grower Now
2 monthsI consider American Water Works to be a quintessential dividend compounder. Several rate increases are expected to become effective in the coming months to drive a strong second half of 2024. The water utility enjoys an A credit rating from S&P on a stable outlook.
seekingalpha.comAmerican Water's (AWK) Q2 Earnings Miss Estimates, Sales Top
2 monthsAmerican Water's (AWK) second-quarter earnings are adversely impacted by unfavorable weather conditions. The company continues to gain from its strategic acquisitions.
zacks.comMissouri American Water Announces 2024 Firefighter Grant Program
2 monthsST. LOUIS--(BUSINESS WIRE)--Missouri American Water is accepting applications through August 31, 2024 for its annual Firefighter Grant Program, which provides financial assistance to fire protection and emergency response organizations serving communities in the company's service area. Grants of up to $1,200 will be considered to cover the costs of firefighting tools, equipment, personal protective gear, and training. Last year, more than $55,000 was awarded across the state. Over 200 grants ha.
businesswire.comAmerican Water Works (AWK) Q2 Earnings Lag Estimates
2 monthsAmerican Water Works (AWK) came out with quarterly earnings of $1.42 per share, missing the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.44 per share a year ago.
zacks.comAmerican Water Reports Solid Second Quarter 2024 Results; Narrows 2024 EPS Guidance to Top Half of Range; Affirms Long-Term Targets; Announces Leadership Changes
2 monthsCAMDEN, N.J.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK) today reported results for the quarter ended June 30, 2024, of $1.42 per share, compared to $1.44 per share for the same quarter in 2023 and $2.37 per share for the year-to-date period ended June 30, 2024, compared to $2.37 per share for the same period in 2023. “The company delivered solid results for the first half of the year,” said M. Susan Hardwick, president and CEO of American Water. “While results are relative.
businesswire.comThe Top 3 Utilities Stocks to Buy Now: Summer 2024
2 monthsOver the past year, the utilities sector has notably lagged behind the overall market. The Utilities Select Sector SPDR Fund (NYSEARCA: XLU ) has gained only a modest 6%.
investorplace.comWhat Are the Hottest Water Stocks Right Now? 3 Top Picks.
2 monthsWater stocks don't really need much in terms of fundamental justification. It's the one resource that is easily the most precious.
investorplace.comAmerican Water Issues 2023 Sustainability Report
2 monthsCAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it has issued its eighth Sustainability Report covering its industry leadership and performance on environmental, social, and governance (ESG) principles. The report covers the 2023 reporting year and is the first American Water Sustainability Report to be published in its new annual cadence. “This report highlights how we are fulfilling our mis.
businesswire.comEmpire State Building Partners with Sea Bags and Max to Transform Fabric from 270-Foot Dragon into Recycled Tote Bags
2 monthsNEW YORK--(BUSINESS WIRE)--Vhagar lives on. The Empire State Building (ESB) announced today that it partnered with Max to donate 18,000 square feet of fabric from Vhagar – the 270-foot dragon that perched on its mast as part of the HBO® Original series “House of the Dragon” takeover last month – to create limited-edition recycled tote bags by Sea Bags. A portion of the proceeds will be donated by Sea Bags to the Ocean Conservancy. “The Empire State Building is one of the world's most sustainabl.
businesswire.com