American States Water Company (AWR) Financial Statements (2025 and earlier)

Company Profile

Business Address 630 E FOOTHILL BLVD
SAN DIMAS, CA 91773-9016
State of Incorp. CA
Fiscal Year End December 31
Industry (SIC) 4941 - Water Supply (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments14,0735,9974,96336,7371,3347,141
Cash and cash equivalents14,0735,9974,96336,7371,3347,141
Receivables57,81850,77061,79955,10147,07449,147
Derivative instruments and hedges, assets  11,8474,441   
Regulatory asset45,14414,0288,89713,08820,93016,527
Other undisclosed current assets88,94368,65257,95252,18953,11858,653
Total current assets:205,978151,294138,052157,115122,456131,468
Noncurrent Assets
Operating lease, right-of-use asset7,9829,53510,47911,146 
Property, plant and equipment1,892,2801,753,7661,626,0041,512,0431,415,7051,296,310
Intangible assets, net (including goodwill)6,5696,6265,5547,3767,1987,961
Goodwill1,1161,1161,1161,1161,1161,116
Intangible assets, net (excluding goodwill) 5,4535,5104,4386,2606,0826,845
Regulated entity, other noncurrent assets25,5855,6943,1823,451  
Other noncurrent assets18,75813,53216,23010,5977,7025,322
Other undisclosed noncurrent assets88,97093,927101,48289,87588,27060,372
Total noncurrent assets:2,040,1441,883,0801,762,9311,634,4881,518,8751,369,965
TOTAL ASSETS:2,246,1222,034,3741,900,9831,791,6031,641,3311,501,433
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities92,542106,00191,36590,52573,01677,599
Interest and dividends payable5,3084,5454,8323,0503,865
Taxes payable1,8484,6626,78395360
Employee-related liabilities13,99616,25615,12214,25513,842
Accounts payable68,70584,84965,90263,78855,61659,532
Accrued liabilities23,837     
Deferred revenue1,3529032571,800 
Debt35339937735834440,320
Derivative instruments and hedges, liabilities2,360     
Regulatory liability  4,5741,896   
Other liabilities 11,50610,99611,49810,43710,34110,731
Billings in excess of cost7,530
Other undisclosed current liabilities58,510273,64950,18115,45232,29710,405
Total current liabilities:166,623396,522155,574118,572115,998146,585
Noncurrent Liabilities
Long-term debt and lease obligation575,555446,547421,096449,984280,996281,087
Long-term debt, excluding current maturities575,555446,547412,176440,348280,996281,087
Liabilities, other than long-term debt217,490247,487249,657243,468232,373114,216
Accumulated deferred investment tax credit1,0111,0821,1531,2241,295 
Deferred tax liabilities, net125,304114,216
Deferred income tax liabilities161,577149,677140,290131,172 
Liability, pension and other postretirement and postemployment benefits32,65233,63661,36595,63968,469 
Regulatory liability1,22240,60232,979 23,380 
Other liabilities14,40914,40013,87015,43313,925 
Operating lease, liability6,6198,0908,9209,636 
Other undisclosed noncurrent liabilities (65,210)(212,278)(23,467)(102,442)129,438120,235
Total noncurrent liabilities:727,835481,756647,286591,010642,807515,538
Total liabilities:894,458878,278802,860709,582758,805662,123
Equity
Equity, attributable to parent776,109709,549685,947641,673601,530558,223
Common stock263,179260,158258,442256,666255,566253,689
Retained earnings512,930449,391427,505385,007345,964304,534
Total equity:776,109709,549685,947641,673601,530558,223
Other undisclosed liabilities and equity575,555446,547412,176440,348280,996281,087
TOTAL LIABILITIES AND EQUITY:2,246,1222,034,3741,900,9831,791,6031,641,3311,501,433

Income Statement (P&L) ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues595,699491,528498,853488,243473,869436,816
Revenue, net436,816
Cost of revenue(57,912)(53,171)(56,909)(62,411)(55,673)(53,906)
Cost of goods and services sold(57,912)(53,171)(56,909)(62,411)(55,673)(53,906)
Gross profit:537,787438,357441,944425,832418,196382,910
Operating expenses(128,544)(124,285)(118,285)(116,851)(346,796)(335,833)
Other undisclosed operating income (loss)(212,503)(187,436)(182,682)(178,482)55,67353,906
Operating income:196,740126,636140,977130,499127,073100,983
Nonoperating expense(30,220)(24,576)(16,207)(15,877)(18,061)(19,095)
Investment income, nonoperating7,4162,3261,4931,8013,2493,578
Other nonoperating income5,1261255,1344,8533,276760
Interest and debt expense(42,762)(27,027)(22,834)(22,531)(24,586)(23,433)
Other undisclosed income from continuing operations before equity method investments, income taxes      23,433
Income from continuing operations before equity method investments, income taxes:123,75875,033101,93692,09184,42681,888
Other undisclosed income from continuing operations before income taxes42,762     
Income from continuing operations before income taxes:166,52075,033101,93692,09184,42681,888
Income tax expense(41,599)(23,664)(30,423)(28,197)(24,670)(18,017)
Income from continuing operations:124,92151,36971,51363,89459,75663,871
Income before gain (loss) on sale of properties:71,51363,89459,75663,871
Net income:124,92151,36971,51363,89459,75663,871
Other undisclosed net income attributable to parent  27,02722,83422,53124,586 
Net income attributable to parent:124,92178,39694,34786,42584,34263,871
Preferred stock dividends and other adjustments  (142)(134)(158)(180)(204)
Other undisclosed net loss available to common stockholders, basic(372)(55)(110)(131)(175)(129)
Net income available to common stockholders, basic:124,54978,19994,10386,13683,98763,538
Dilutive securities, effect on basic earnings per share189     
Other undisclosed net income available to common stockholders, diluted  55110131175129
Net income available to common stockholders, diluted:124,73878,25494,21386,26784,16263,667

Comprehensive Income ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:124,92151,36971,51363,89459,75663,871
Comprehensive income, net of tax, attributable to parent:124,92151,36971,51363,89459,75663,871

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: