American States Water Company (AWR) Financial Statements (2026 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)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 26,661 | 14,073 | 5,997 | 4,963 | 36,737 | 1,334 | |||
| Cash and cash equivalent | 26,661 | 14,073 | 5,997 | 4,963 | 36,737 | 1,334 | |||
| Receivables | 66,210 | 57,818 | 50,770 | 61,799 | 55,101 | 47,074 | |||
| Derivative instruments and hedges, assets | 11,847 | 4,441 | |||||||
| Regulatory asset | 50,504 | 45,144 | 14,028 | 8,897 | 13,088 | 20,930 | |||
| Other undisclosed current assets | 89,971 | 88,943 | 68,652 | 57,952 | 52,189 | 53,118 | |||
| Total current assets: | 233,346 | 205,978 | 151,294 | 138,052 | 157,115 | 122,456 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 8,028 | 7,982 | 9,535 | 10,479 | 11,146 | ||||
| Property, plant and equipment | 2,099,625 | 1,892,280 | 1,753,766 | 1,626,004 | 1,512,043 | 1,415,705 | |||
| Intangible assets, net (including goodwill) | 4,482 | 6,569 | 6,626 | 5,554 | 7,376 | 7,198 | |||
| Goodwill | 1,116 | 1,116 | 1,116 | 1,116 | 1,116 | ||||
| Intangible assets, net (excluding goodwill) | 4,482 | 5,453 | 5,510 | 4,438 | 6,260 | 6,082 | |||
| Regulated entity, other noncurrent assets | 27,101 | 25,585 | 5,694 | 3,182 | 3,451 | ||||
| Other noncurrent assets | 41,264 | 18,758 | 13,532 | 16,230 | 10,597 | 7,702 | |||
| Other undisclosed noncurrent assets | 86,363 | 88,970 | 93,927 | 101,482 | 89,875 | 88,270 | |||
| Total noncurrent assets: | 2,266,863 | 2,040,144 | 1,883,080 | 1,762,931 | 1,634,488 | 1,518,875 | |||
| TOTAL ASSETS: | 2,500,209 | 2,246,122 | 2,034,374 | 1,900,983 | 1,791,603 | 1,641,331 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 112,728 | 92,542 | 106,001 | 91,365 | 90,525 | 73,016 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 5,308 | 4,545 | 4,832 | 3,050 | ||
| Taxes payable | ✕ | ✕ | ✕ | 1,848 | 4,662 | 6,783 | 95 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 13,996 | 16,256 | 15,122 | 14,255 | ||
| Accounts payable | 88,591 | 68,705 | 84,849 | 65,902 | 63,788 | 55,616 | |||
| Accrued liabilities | 24,137 | 23,837 | |||||||
| Deferred revenue | 5,662 | 1,352 | 903 | 257 | 1,800 | ||||
| Debt | 385 | 353 | 399 | 377 | 358 | 344 | |||
| Derivative instruments and hedges, liabilities | 8,823 | 2,360 | |||||||
| Regulatory liability | 4,574 | 1,896 | |||||||
| Other liabilities | 15,159 | 11,506 | 10,996 | 11,498 | 10,437 | 10,341 | |||
| Other undisclosed current liabilities | 142,768 | 58,510 | 273,649 | 50,181 | 15,452 | 32,297 | |||
| Total current liabilities: | 285,525 | 166,623 | 396,522 | 155,574 | 118,572 | 115,998 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 640,382 | 575,555 | 446,547 | 421,096 | 449,984 | 280,996 | |||
| Long-term debt, excluding current maturities | 640,382 | 575,555 | 446,547 | 412,176 | 440,348 | 280,996 | |||
| Liabilities, other than long-term debt | 259,089 | 217,490 | 247,487 | 249,657 | 243,468 | 232,373 | |||
| Accumulated deferred investment tax credit | 942 | 1,011 | 1,082 | 1,153 | 1,224 | 1,295 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 125,304 | ||
| Deferred income tax liabilities | 180,173 | 161,577 | 149,677 | 140,290 | 131,172 | ||||
| Liability, pension and other postretirement and postemployment benefits | 33,816 | 32,652 | 33,636 | 61,365 | 95,639 | 68,469 | |||
| Regulatory liability | 22,926 | 1,222 | 40,602 | 32,979 | 23,380 | ||||
| Other liabilities | 14,838 | 14,409 | 14,400 | 13,870 | 15,433 | 13,925 | |||
| Operating lease, liability | 6,394 | 6,619 | 8,090 | 8,920 | 9,636 | ||||
| Other undisclosed noncurrent liabilities | (245,220) | (65,210) | (212,278) | (23,467) | (102,442) | 129,438 | |||
| Total noncurrent liabilities: | 654,251 | 727,835 | 481,756 | 647,286 | 591,010 | 642,807 | |||
| Total liabilities: | 939,776 | 894,458 | 878,278 | 802,860 | 709,582 | 758,805 | |||
| Equity | |||||||||
| Equity, attributable to parent | 920,051 | 776,109 | 709,549 | 685,947 | 641,673 | 601,530 | |||
| Common stock | 355,143 | 263,179 | 260,158 | 258,442 | 256,666 | 255,566 | |||
| Retained earnings | 564,908 | 512,930 | 449,391 | 427,505 | 385,007 | 345,964 | |||
| Total equity: | 920,051 | 776,109 | 709,549 | 685,947 | 641,673 | 601,530 | |||
| Other undisclosed liabilities and equity | 640,382 | 575,555 | 446,547 | 412,176 | 440,348 | 280,996 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,500,209 | 2,246,122 | 2,034,374 | 1,900,983 | 1,791,603 | 1,641,331 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 595,459 | 595,699 | 491,528 | 498,853 | 488,243 | 473,869 | ||
| Cost of revenue | (54,544) | (57,912) | (53,171) | (56,909) | (62,411) | (55,673) | ||
| Cost of product and service sold | (54,544) | (57,912) | (53,171) | (56,909) | (62,411) | (55,673) | ||
| Gross profit: | 540,915 | 537,787 | 438,357 | 441,944 | 425,832 | 418,196 | ||
| Operating expenses | (142,259) | (128,544) | (124,285) | (118,285) | (116,851) | (346,796) | ||
| Other undisclosed operating income (loss) | (214,173) | (212,503) | (187,436) | (182,682) | (178,482) | 55,673 | ||
| Operating income: | 184,483 | 196,740 | 126,636 | 140,977 | 130,499 | 127,073 | ||
| Nonoperating expense | (35,042) | (30,220) | (24,576) | (16,207) | (15,877) | (18,061) | ||
| Investment income, nonoperating | 7,874 | 7,416 | 2,326 | 1,493 | 1,801 | 3,249 | ||
| Other nonoperating income | 7,466 | 5,126 | 125 | 5,134 | 4,853 | 3,276 | ||
| Interest and debt expense | (50,382) | (42,762) | (27,027) | (22,834) | (22,531) | (24,586) | ||
| Income from continuing operations before equity method investments, income taxes: | 99,059 | 123,758 | 75,033 | 101,936 | 92,091 | 84,426 | ||
| Other undisclosed income from continuing operations before income taxes | 50,382 | 42,762 | ||||||
| Income from continuing operations before income taxes: | 149,441 | 166,520 | 75,033 | 101,936 | 92,091 | 84,426 | ||
| Income tax expense | (30,173) | (41,599) | (23,664) | (30,423) | (28,197) | (24,670) | ||
| Income from continuing operations: | 119,268 | 124,921 | 51,369 | 71,513 | 63,894 | 59,756 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 71,513 | 63,894 | 59,756 | |
| Net income: | 119,268 | 124,921 | 51,369 | 71,513 | 63,894 | 59,756 | ||
| Other undisclosed net income attributable to parent | 27,027 | 22,834 | 22,531 | 24,586 | ||||
| Net income attributable to parent: | 119,268 | 124,921 | 78,396 | 94,347 | 86,425 | 84,342 | ||
| Preferred stock dividends and other adjustments | (142) | (134) | (158) | (180) | ||||
| Other undisclosed net loss available to common stockholders, basic | (419) | (372) | (55) | (110) | (131) | (175) | ||
| Net income available to common stockholders, basic: | 118,849 | 124,549 | 78,199 | 94,103 | 86,136 | 83,987 | ||
| Dilutive securities, effect on basic earnings per share | 183 | 189 | ||||||
| Other undisclosed net income available to common stockholders, diluted | 55 | 110 | 131 | 175 | ||||
| Net income available to common stockholders, diluted: | 119,032 | 124,738 | 78,254 | 94,213 | 86,267 | 84,162 | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 119,268 | 124,921 | 51,369 | 71,513 | 63,894 | 59,756 | ||
| Comprehensive income, net of tax, attributable to parent: | 119,268 | 124,921 | 51,369 | 71,513 | 63,894 | 59,756 | ||
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.