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AMERICAN STATES WATER CO

CIK: 1056903 SIC: 4941
$658.07M
Revenue
$130.44M
Net Income
-
Gross Margin
30.89%
Op. Margin
$-38.44M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 15 annual reports available (2011 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $658.07M $658.07M $595.46M $595.70M $491.53M $498.85M
Revenue Growth % 0.0% 10.5% -0.0% 21.2% -1.5% nan%
Cost of Revenue - $60.61M $54.54M $57.91M $53.17M $56.91M
+ Gross Profit - $597.47M $540.91M $537.79M $438.36M $441.94M
Gross Margin % nan% 90.8% 90.8% 90.3% 89.2% 88.6%
+ Operating Income $203.28M $203.28M $184.48M $196.74M $126.64M $140.98M
Operating Margin % 30.9% 30.9% 31.0% 33.0% 25.8% 28.3%
Interest Expense $46.05M $46.05M $50.35M $42.76M $27.03M $22.83M
Interest Income $5.65M $5.65M $7.87M $7.42M $2.33M $1.49M
Other Income/Expense $7.65M $7.65M $7.47M $5.13M $125.00K $5.13M
Income Before Tax $169.80M $169.80M $149.44M $166.52M $102.06M $124.77M
Income Tax Expense $39.36M $39.36M $30.17M $41.60M $23.66M $30.42M
+ Net Income $130.44M $130.44M $119.27M $124.92M $78.40M $94.35M
Net Margin % 19.8% 19.8% 20.0% 21.0% 15.9% 18.9%
Basic EPS 3.36 3.37 3.17 3.37 2.12 2.55
Diluted EPS 3.37 3.37 3.17 3.36 2.11 2.55
Basic Shares Outstanding - 38.5M 37.5M 37.0M 37.0M 36.9M
Diluted Shares Outstanding - 38.7M 37.6M 37.1M 37.0M 37.0M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $18.82M $26.66M $14.07M $6.00M $4.96M
Accounts Receivable $38.32M $37.70M $34.25M $26.21M $34.42M
Other Current Assets $7.55M $7.29M $5.77M $5.45M $5.32M
Total Current Assets $231.07M $233.35M $205.98M $151.29M $138.05M
Property Plant & Equipment $2.30B $2.10B $1.89B $1.75B $1.63B
Goodwill - - $1.12M $1.12M $1.12M
Intangible Assets $3.13M $4.10M - - -
Other Non-current Assets $63.87M $41.26M $18.76M $13.53M $16.23M
Total Assets $2.72B $2.50B $2.25B $2.03B $1.90B
Accounts Payable $86.02M $88.59M $68.70M $84.85M $65.90M
Deferred Revenue $11.73M $5.66M $1.35M $903.00K $257.00K
Other Current Liabilities $11.30M $15.16M $11.51M $11.00M $11.50M
Total Current Liabilities $174.61M $285.52M $166.62M $396.52M $155.57M
Long-term Debt $782.70M $640.38M $575.55M $446.55M $412.18M
Deferred Tax Liabilities $194.12M $180.17M $161.58M $149.68M $140.29M
Other Non-current Liabilities $17.78M $14.84M $14.41M $14.40M $13.87M
Common Stock $425.15M $355.14M $263.18M $260.16M $258.44M
Retained Earnings $620.43M $564.91M $512.93M $449.39M $427.50M
Total Stockholders Equity $1.05B $920.05M $776.11M $709.55M $685.95M
Total Liabilities & Equity $2.72B $2.50B $2.25B $2.03B $1.90B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $157.29M $130.44M $119.27M $124.92M $78.40M $94.35M
Depreciation & Amortization $59.37M $47.78M $43.65M $42.40M $41.31M $39.60M
Stock-based Compensation $9.35M $3.56M $3.74M $3.30M $2.57M $2.57M
Deferred Income Tax - $3.60M $2.04M $4.78M - -
Change in Receivables $5.51M $2.98M $5.11M $6.63M $-5.42M $4.69M
Change in Payables $5.66M $7.58M $5.15M $-10.86M $11.77M $-2.88M
Operating Cash Flow $384.43M $229.73M $198.73M $67.68M $117.80M $115.58M
Capital Expenditure $422.87M $236.82M $231.96M $188.54M $166.24M $144.51M
Investing Cash Flow $-423.25M $-237.54M $-232.78M $-188.76M $-167.10M $-145.09M
Debt Repayment $845.00K $454.00K $370.00K $334.00K $377.00K $28.36M
Stock Issued $118.37M $67.06M $88.81M - - -
Dividends Paid $128.11M $74.66M $67.02M $61.20M $56.36M $51.69M
Financing Cash Flow $19.14M $-26.00K $46.64M $129.16M $50.34M $-2.27M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $182.72M - $493.80M -
Operating Income $61.73M - $158.24M -
Interest Expense $11.71M - $35.90M -
Interest Income $1.06M - $4.58M -
Other Income/Expense $3.01M - $6.41M -
Income Before Tax $54.09M - $133.32M -
Income Tax Expense $12.93M - $31.62M -
Net Income $41.17M $31.86M $101.70M -
Basic EPS 1.06 - 2.64 -
Diluted EPS 1.06 - 2.63 -
Basic Shares Outstanding $38.57M - $38.44M -
Diluted Shares Outstanding $38.70M - $38.57M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $26.07M $26.66M
Accounts Receivable $46.58M $37.70M
Other Current Assets $8.20M $7.29M
Total Current Assets $250.78M $233.35M
Property Plant & Equipment $2.24B $2.10B
Other Non-current Assets $41.59M $41.26M
Total Assets $2.66B $2.50B
Accounts Payable $81.66M $88.59M
Deferred Revenue $10.42M $5.66M
Total Current Liabilities $197.47M $285.52M
Long-term Debt $790.26M $640.38M
Deferred Tax Liabilities $190.99M $180.17M
Other Non-current Liabilities $16.54M $14.84M
Common Stock $398.01M $355.14M
Retained Earnings $611.30M $564.91M
Total Stockholders Equity $1.01B $920.05M
Total Liabilities & Equity $2.66B $2.50B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $41.17M $31.86M $101.70M -
Depreciation & Amortization $11.93M - $35.20M -
Stock-based Compensation - - $3.38M -
Change in Receivables - - $10.75M -
Change in Payables - - $2.90M -
Operating Cash Flow - - $202.01M -
Capital Expenditure - - $173.13M -
Investing Cash Flow - - $-172.70M -
Debt Repayment - - $454.00K -
Stock Issued - - $40.22M -
Dividends Paid - - $55.10M -
Financing Cash Flow - - $-29.90M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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