AWR Stock Analysis: American States Water | NYSE
Utilities - Regulated Water | NYSE, USA | Market Cap: 3.521m USD | 12M Return: 23.4% | US0298991011 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 19.4M
EPS Trend: 98.1%
Qual. Beats: 0
Rev. Trend: 94.3%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
American States Water Company (NYSE: AWR) is a California-based utility holding company that provides water and electric services to residential, commercial, industrial, and other customers across the United States. Founded in 1929 and headquartered in San Dimas, California, the company operates through three business segments: Water, Electric, and Contracted Services, offering water distribution and production along with electricity distribution. In addition to serving customers in several San Bernardino County Mountain communities, AWR provides water and/or wastewater services at various U.S. military installations, a niche contract segment that diversifies its revenue base beyond regulated utility operations.
As a member of the GICS Water Utilities sub-industry, AWR operates within a sector characterized by regulated, capital-intensive infrastructure and generally stable, predictable demand given the essential nature of water services. Water utilities typically generate returns through rate-regulated tariffs approved by state public utility commissions, which helps insulate cash flows from broader economic cycles while tying growth to infrastructure investment and rate base expansion.
- California PUC rate decisions drive water segment margins
- Military base contracts expand contracted services revenue
- Rate base growth through infrastructure capex boosts earnings
| Net Income: 144.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.07 > 0.02 and ΔFCF/TA -8.12 > 1.0 |
| NWC/Revenue: -4.10% < 20% (prev 8.37%; Δ -12.47% < -1%) |
| CFO/TA 0.01 > 3% & CFO 27.7m > Net Income 144.2m |
| Net Debt (896.5m) to EBITDA (241.6m): 3.71 < 3 |
| Current Ratio: 0.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (39.8m) vs 12m ago 2.78% < -2% |
| Gross Margin: 62.18% > 18% (prev 70.11%; Δ -7.93% > 0.5%) |
| Asset Turnover: 25.86% > 50% (prev 23.99%; Δ 1.88% > 0%) |
| Interest Coverage Ratio: 4.04 > 6 (EBIT TTM 190.1m / Interest Expense TTM 47.0m) |
| A: -0.01 (Total Current Assets 215.2m - Total Current Liabilities 244.2m) / Total Assets 2.81b |
| B: 0.24 (Retained Earnings 674.6m / Total Assets 2.81b) |
| C: 0.07 (EBIT TTM 190.1m / Avg Total Assets 2.73b) |
| D: 0.89 (Book Value of Equity 1.14b / Total Liabilities 1.29b) |
| Altman-Z'' = 2.11 = BBB |
| DSRI: 0.30 (Receivables 50.5m/150.2m, Revenue 707.3m/636.9m) |
| GMI: 1.13 (GM 70.11% / 62.18%) |
| AQI: 0.67 (AQ_t 0.04 / AQ_t-1 0.06) |
| SGI: 1.11 (Revenue 707.3m / 636.9m) |
| TATA: 0.04 (NI 144.2m - CFO 27.7m) / TA 2.81b) |
| Beneish M = -3.60 (Cap -4..+1) = AAA |
As of November 10, 2026, the stock is trading at USD 90.12 with a total of 235,535 shares traded. Over the past week, the price has changed by +2.89%, over one month by +9.56%, over three months by +4.74% and over the past year by +23.35%.
Current recommended Stop Loss: 87.60 (which is 2.8% or 1.3 ATR below the current price).
American States Water has received a consensus analysts rating of 2.67. Therefore, it is recommended to hold AWR.
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 84 | -6.8% |
P/E Trailing = 24.3397
P/E Forward = 23.5849
P/S = 5.0485
P/B = 3.1317
P/EG = 2.9777
Revenue TTM = 707.3m USD
EBIT TTM = 190.1m USD
EBITDA TTM = 241.6m USD
Long Term Debt = 832.7m USD (from longTermDebt, last quarter)
Short Term Debt = 75.7m USD (from shortTermDebt, last quarter)
Debt = 922.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 8.28m
Net Debt = 896.5m USD (calculated: Debt 922.5m - CCE 26.0m)
Enterprise Value = 4.42b USD (3.52b + Debt 922.5m - CCE 26.0m)
Interest Coverage Ratio = 4.04 (Ebit TTM 190.1m / Interest Expense TTM 47.0m)
EV/FCF = -23.07x (Enterprise Value 4.42b / FCF TTM -191.5m)
FCF Yield = -4.33% (FCF TTM -191.5m / Enterprise Value 4.42b)
FCF Margin = -27.07% (FCF TTM -191.5m / Revenue TTM 707.3m)
Net Margin = 20.39% (Net Income TTM 144.2m / Revenue TTM 707.3m)
Gross Margin = 62.18% ((Revenue TTM 707.3m - Cost of Revenue TTM 267.5m) / Revenue TTM)
Gross Margin QoQ = 77.18% (prev 70.06%)
Tobins Q-Ratio = 1.57 (Enterprise Value 4.42b / Total Assets 2.81b)
Interest Expense / Debt = 5.10% (Interest Expense 47.0m / Debt 922.5m)
Taxrate = 24.52% (46.9m / 191.1m)
NOPAT = 143.5m (EBIT 190.1m * (1 - 24.52%))
Current Ratio = 0.88 (Total Current Assets 215.2m / Total Current Liabilities 244.2m)
Debt / Equity = 0.81 (Debt 922.5m / totalStockholderEquity, last quarter 1.14b)
Debt / EBITDA = 3.71 (Net Debt 896.5m / EBITDA 241.6m)
Debt / FCF = -4.68 (negative FCF - burning cash) (Net Debt 896.5m / FCF TTM -191.5m)
Total Stockholder Equity = 1.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.27% (Net Income 144.2m / Total Assets 2.81b)
RoE = 13.19% (Net Income TTM 144.2m / Total Stockholder Equity 1.09b)
RoCE = 9.87% (EBIT 190.1m / Capital Employed (Equity 1.09b + L.T.Debt 832.7m))
RoIC = 5.48% (NOPAT 143.5m / Invested Capital 2.62b)
WACC = 4.37% (E(3.52b)/V(4.44b) * Re(4.51%) + D(922.5m)/V(4.44b) * Rd(5.10%) * (1-Tc(0.25)))
Discount Rate = 4.51% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.50 | Cagr: 2.76%
[DCF] Fair Price = unknown (Cash Flow -191.5m)
EPS Correlation: 98.09 | EPS CAGR: 10.30% | SUE: -0.43 | # QB: 0
Revenue Correlation: 94.28 | Revenue CAGR: 8.51% | SUE: -0.01 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.79 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=3.68 | Chg30d=+1.94% | Revisions=+0% | GrowthEPS=+9.2% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=3.80 | Chg30d=+0.26% | Revisions=+0% | GrowthEPS=+3.3% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: +0% (up=1, down=1)