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 Oct 31, 2026, 11:19 UTC 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
Sep '26	$1.5B	$387M	0.0%	42.7%	3.2%	1.0%	-$160M	—	$121M
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

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 35.6× (Mar '23) to 26.4× (Nov '26).
The price-to-sales ratio has fallen from 7.7× (Mar '23) to 5.7× (Nov '26).
The dividend yield has risen from 1.6% (Mar '23) to 2.2% (Nov '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?

American Water Works's P/E (TTM) is 25.84 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the AWK stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 26.4× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.