American Water Works is the largest investor-owned US water and wastewater utility, serving nearly 4 million customers in 14 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets.
It is a $25.6B utility company. Revenue grew 6.9% over the last year, it keeps 21¢ of every dollar of sales as profit, and it carries $14.3B of net debt. It trades at 22.7× earnings — in the cheapest third of its own history.
- Website
- amwater.com
- Location
- Camden, NJ
- Employees
- 7 000
- Sector
- Utilities
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Growth, Health and Moat lag behind.
Valuation60
- P/E vs own history24th pct · 20/25
- FCF yield-4.0% · 0/25
- P/S4.8x · 20/25
- EV/EBITDA14.3x · 20/25
Growth36
- Revenue CAGR6.9% · 12/25
- Net income CAGR-3.2% · 0/25
- EPS CAGR ~5Y7.9% · 12/25
- Fwd implied growth9.4% · 12/25
Profitability67
- ROIC4.4% · 5/25
- ROE10.2% · 12/25
- Net margin21.3% · 25/25
- Operating margin36.9% · 25/25
Health18
- Altman Z0.83 · 3/25
- Current ratio0.52 · 0/25
- Interest coverage3.7x · 10/25
- Net cash / debtD/A 40% · 5/25
Quality59
- Piotroski F7/9 · 22/25
- Beneish M-2.05 · 12/25
- FCF conversion-91% · 0/25
- Margin stabilityσ 3.0% · 25/25
Moat25
- ROIC >12% years0/10 yrs · 0/25
- Median gross marginn/a · 0/25
- FCF-positive years1/10 yrs · 0/25
- Worst-year net marginworst 12.7% · 25/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2021FinancialBest year on record$1.26B net income
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$3.30B in first reported year
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Strongly profitable — 21.3% net margin
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
- Negative free cash flow (-$1.0B)
- Altman Z-Score 0.83 — elevated financial-distress risk
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+6.9% YoY
- Profitable — makes more than it spends$1.13B TTM
- Profit growing — earnings are higher than last year+8.1% YoY
- Generates cash — cash left after running and investing-$1.03B TTM
- Debt under control — could handle its obligationscurrent ratio 0.52
- Established company — not a micro-cap — lower blow-up risk$25.6B market cap
- Not printing shares — share count not ballooning — you keep your slice+7.1% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 0.8 — distress
- Pays a dividend — returns cash to shareholdersyield 2.57%
- Valuation not extreme — price not wildly above earningsP/E 22.7
Peer comparisonAmerican Water Works Company, Inc vs 6 largest utilities peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| AWK this company | $25.6B | 22.7 | +6.9% | 21.3% | Strained |
| NEE NextEra Energy, Inc. | $161.3B | 17.4 | +10.8% | 32.4% | Strained |
| CEG Constellation Energy Corporation | $105.8B | 30.5 | +26.0% | 11.1% | Strained |
| SO The Southern Company | $99.1B | 21.3 | +6.4% | 15.4% | Strained |
| DUK Duke Energy Corporation | $90.9B | 17.3 | +6.3% | 15.8% | Strained |
| WMB Williams Companies Inc. | $89.2B | 29.0 | +8.7% | 25.2% | Strained |
| KMI Kinder Morgan, Inc. | $72.4B | 20.9 | +12.5% | 19.3% | Strained |
Head-to-head: AWK vs NEE · AWK vs CEG · AWK vs SO
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/AWK
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of AWK on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $128.88 · market cap $25.6B.