AWK Financials American Water Works

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 45 d ago Overview →

Growth & profitability

Revenue has grown 6.5% per year over the past 5 years.
Net income has grown faster than revenue (9.4% vs 6.5% per year).
Operating margin has expanded, at 36.7% in the latest year.

Financial health

Total debt has grown faster than revenue (10.8% vs 6.5% per year).
Operating income covered interest expense 3.1× in the latest year.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 57.0% of earnings.
The dividend has grown 10.2% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$5.1B	$1.1B	0.0%	36.7%	10.3%	3.1%	-$1.1B	—	$98M
2024	$4.7B	$1.1B	0.0%	36.9%	10.2%	3.2%	-$811M	—	$96M
2023	$4.2B	$944M	0.0%	35.7%	9.6%	3.1%	-$701M	—	$330M
2022	$3.8B	$820M	0.0%	33.8%	10.7%	3.0%	-$1.2B	—	$85M
2021	$3.9B	$1.3B	0.0%	30.6%	17.3%	4.8%	-$323M	—	$116M
2020	$3.7B	$709M	0.0%	33.3%	11.0%	2.9%	-$396M	$10.9B	$547M
2019	$3.6B	$621M	0.0%	33.8%	10.1%	2.7%	-$271M	$9.4B	$60M
2018	$3.4B	$567M	0.0%	32.3%	9.7%	2.7%	-$200M	$8.6B	$130M
2017	—	$426M	—	—	7.9%	2.2%	$15M	$7.7B	$55M
2016	—	$468M	—	—	9.0%	2.5%	-$22M	$7.2B	$75M
2015	—	$476M	—	—	9.4%	2.8%	$35M	$6.5B	$45M
2014	—	$423M	—	—	8.6%	2.6%	$141M	$5.9B	$23M
2013	—	$369M	—	—	7.8%	2.4%	-$84M	$5.9B	$27M
2012	—	$358M	—	—	8.1%	2.4%	$27M	$5.6B	$24M
2011	—	$310M	—	—	7.3%	2.1%	-$117M	$5.9B	$14M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$1.4B	$315M	0.0%	40.1%	2.7%	0.9%	-$258M	—	$191M
Mar '26	$1.2B	$196M	0.0%	32.5%	1.8%	0.6%	-$354M	—	$137M
Dec '25	$1.3B	$238M	0.0%	32.0%	2.2%	0.7%	-$385M	—	$98M
Sep '25	$1.5B	$379M	0.0%	42.2%	3.5%	1.1%	-$33M	—	$166M
Jun '25	$1.3B	$289M	0.0%	38.4%	2.7%	0.9%	-$432M	—	$94M
Mar '25	$1.1B	$205M	0.0%	32.7%	1.9%	0.6%	-$217M	—	$114M
Dec '24	$1.2B	$239M	0.0%	34.0%	2.3%	0.7%	-$255M	—	$96M
Sep '24	$1.3B	$350M	0.0%	40.9%	3.4%	1.1%	-$4M	—	$127M
Jun '24	$1.1B	$277M	0.0%	39.4%	2.7%	0.9%	-$325M	—	$48M
Mar '24	—	$185M	—	—	1.8%	0.6%	-$227M	—	$584M
Dec '23	—	$171M	—	—	1.7%	0.6%	-$269M	—	$330M
Sep '23	—	$323M	—	—	3.3%	1.1%	$7M	—	$628M
Jun '23	—	$280M	—	—	2.9%	0.9%	-$198M	—	$794M
Mar '23	—	$170M	—	—	1.8%	0.6%	-$241M	—	$213M
Dec '22	—	$147M	—	—	1.9%	0.5%	-$356M	—	$85M
Sep '22	—	$297M	—	—	3.8%	1.1%	-$34M	—	$77M
Jun '22	—	$218M	—	—	2.9%	0.8%	-$529M	—	$71M
Mar '22	—	$158M	—	—	2.1%	0.6%	-$270M	—	$75M
Dec '21	—	$645M	—	—	8.8%	2.5%	-$147M	—	$116M
Sep '21	—	$278M	—	—	4.0%	1.1%	$56M	—	$70M

Valuation over time

How the market has priced AWK against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 35.5× (Mar '23) to 25.2× (Sep '26).
The price-to-sales ratio has fallen from 7.7× (Mar '23) to 5.5× (Sep '26).
The dividend yield has risen from 1.6% (Mar '23) to 2.3% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is AWK growing its revenue and profit?

Over the past 5 years, American Water Works's revenue has grown 6.5% per year, and net income grown 9.4% per year. These are computed facts, not advice.

How much debt does AWK have?

As of FY2025, American Water Works reported — of total debt against $98M of cash; operating income covered interest expense 3.1×.

What is AWK's profit margin?

In FY2025, gross margin was —, operating margin 36.7%, and net margin 21.7%.

What is AWK's P/E ratio?

As of Sep '26, American Water Works traded at a price-to-earnings ratio of about 25.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.