American Water Works Co Inc (AWK) financial statements: income statement, balance sheet and cash flow
American Water Works Co Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), American Water Works Co Inc reported revenue of $5.1B (+9.7% year on year) and net income of $1.1B (+5.7% year on year).
Income statement
American Water Works Co Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Operating revenues
$5.1B
$4.7B
$4.2B
$3.8B
Operation and maintenance
$2.0B
$1.9B
$1.7B
$1.6B
Depreciation and amortization
$894.0M
$788.0M
$704.0M
$649.0M
General taxes
$348.0M
$320.0M
$307.0M
$281.0M
Other
$0
$0
($1.0M)
—
Total operating expenses, net
$3.3B
$3.0B
$2.7B
$2.5B
Operating income
$1.9B
$1.7B
$1.5B
$1.3B
Interest expense
($615.0M)
($523.0M)
($460.0M)
($433.0M)
Interest income
$90.0M
$94.0M
$73.0M
$52.0M
Non-operating benefit costs, net
$16.0M
$28.0M
$32.0M
$77.0M
Other, net
$52.0M
$42.0M
$47.0M
$20.0M
Total other income (expense)
($457.0M)
($359.0M)
($308.0M)
($265.0M)
Income before income taxes
$1.4B
$1.4B
$1.2B
$1.0B
Provision for income taxes
$311.0M
$308.0M
$252.0M
$188.0M
Net income attributable to common shareholders
$1.1B
$1.1B
$944.0M
$820.0M
Net income attributable to common shareholders (in dollars per share)
$5.69
$5.39
$4.90
$4.51
Basic (in shares)
195.0M
195.0M
193.0M
182.0M
Diluted (in shares)
195.0M
195.0M
193.0M
182.0M
American Water Works Co Inc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Operating revenues
$1.4B
$1.2B
$1.5B
$1.3B
Operation and maintenance
$481.0M
$493.0M
$523.0M
$480.0M
Depreciation and amortization
$240.0M
$237.0M
$226.0M
$221.0M
General taxes
$92.0M
$86.0M
$87.0M
$86.0M
Total operating expenses, net
$813.0M
$816.0M
$837.0M
$787.0M
Operating income
$542.0M
$391.0M
$614.0M
$489.0M
Interest expense
($167.0M)
($163.0M)
($158.0M)
($151.0M)
Interest income
$3.0M
$12.0M
$23.0M
$22.0M
Non-operating benefit costs, net
$5.0M
$5.0M
$4.0M
$4.0M
Other, net
$22.0M
$14.0M
$11.0M
$12.0M
Total other (expense) income
($137.0M)
($132.0M)
($120.0M)
($113.0M)
Income before income taxes
$405.0M
$259.0M
$494.0M
$376.0M
Provision for income taxes
$90.0M
$63.0M
$115.0M
$87.0M
Net income attributable to common shareholders
$315.0M
$196.0M
$379.0M
$289.0M
Net income attributable to common shareholders (in dollars per share)
$1.61
$1.00
$1.94
$1.48
Basic (in shares)
196.0M
195.0M
195.0M
195.0M
Diluted (in shares)
196.0M
195.0M
195.0M
195.0M
Balance sheet
American Water Works Co Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Property, plant and equipment
$38.0B
$35.1B
$32.2B
$29.7B
Accumulated depreciation
($7.4B)
($7.0B)
($6.8B)
($6.5B)
Property, plant and equipment, net
$30.6B
$28.0B
$25.4B
$23.2B
Cash and cash equivalents
$98.0M
$96.0M
$330.0M
$85.0M
Restricted funds
$21.0M
$29.0M
$34.0M
$32.0M
Accounts receivable, net of allowance for uncollectible accounts of $58 and $53, respectively
$395.0M
$416.0M
$339.0M
$334.0M
Income tax receivable
$9.0M
$25.0M
$86.0M
$114.0M
Unbilled revenues
$433.0M
$315.0M
$302.0M
$275.0M
Materials and supplies
$112.0M
$103.0M
$112.0M
$98.0M
Secured seller promissory note from the sale of the Homeowner Services Group
$795.0M
—
—
—
Other
$328.0M
$231.0M
$186.0M
$312.0M
Total current assets
$2.2B
$1.2B
$1.4B
$1.3B
Regulatory assets
$1.1B
$1.1B
$1.1B
$990.0M
Secured seller promissory note from the sale of the Homeowner Services Group
$0
$795.0M
$720.0M
$720.0M
Operating lease right-of-use assets
$85.0M
$89.0M
$86.0M
$82.0M
Goodwill
$1.2B
$1.1B
$1.1B
$1.1B
Other
$302.0M
$399.0M
$416.0M
$379.0M
Total regulatory and other long-term assets
$2.7B
$3.6B
$3.5B
$3.3B
Total assets
$35.4B
$32.8B
$30.3B
$27.8B
Common stock ($0.01 par value; 500,000,000 shares authorized; 200,605,170 and 200,371,701 shares issued, respectively)
2.0M
2.0M
2.0M
2.0M
Paid-in-capital
$8.6B
$8.6B
$8.6B
$6.8B
Retained earnings
$2.6B
$2.1B
$1.7B
$1.3B
Accumulated other comprehensive income
$6.0M
$12.0M
($26.0M)
($23.0M)
Treasury stock, at cost (5,428,008 and 5,451,216 shares, respectively)
-388.0M
-392.0M
-388.0M
-377.0M
Total common shareholders' equity
$10.8B
$10.3B
$9.8B
$7.7B
Long-term debt
$12.8B
$12.5B
$11.7B
$10.9B
Redeemable preferred stock at redemption value
$3.0M
$3.0M
$3.0M
$3.0M
Total long-term debt
$12.8B
$12.5B
$11.7B
$10.9B
Total capitalization
$23.6B
$22.9B
$21.5B
$18.6B
Short-term debt
$1.6B
$879.0M
$179.0M
$1.2B
Current portion of long-term debt
$1.5B
$637.0M
$475.0M
$281.0M
Accounts payable
$378.0M
$346.0M
$294.0M
$254.0M
Accrued liabilities
$830.0M
$791.0M
$791.0M
$706.0M
Accrued taxes
$134.0M
$156.0M
$67.0M
$49.0M
Accrued interest
$140.0M
$111.0M
$93.0M
$91.0M
Other
$198.0M
$230.0M
$252.0M
$255.0M
Total current liabilities
$4.7B
$3.1B
$2.2B
$2.8B
Advances for construction
$435.0M
$383.0M
$352.0M
$316.0M
Deferred income taxes and investment tax credits
$3.2B
$2.9B
$2.7B
$2.4B
Regulatory liabilities
$1.4B
$1.4B
$1.5B
$1.6B
Operating lease liabilities
$74.0M
$76.0M
$73.0M
$70.0M
Accrued pension expense
$167.0M
$217.0M
$262.0M
$235.0M
Other
$166.0M
$277.0M
$196.0M
$202.0M
Total regulatory and other long-term liabilities
$5.4B
$5.3B
$5.1B
$4.8B
Contributions in aid of construction
$1.6B
$1.6B
$1.6B
$1.5B
American Water Works Co Inc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Property, plant and equipment
$39.5B
$38.6B
$36.9B
$36.1B
Accumulated depreciation
($7.6B)
($7.5B)
($7.3B)
($7.2B)
Property, plant and equipment, net
$31.9B
$31.1B
$29.6B
$28.9B
Cash and cash equivalents
$191.0M
$137.0M
$166.0M
$94.0M
Restricted funds
$18.0M
$19.0M
$11.0M
$17.0M
Accounts receivable, net of allowance for uncollectible accounts of $65 and $58, respectively
$432.0M
$386.0M
$459.0M
$424.0M
Income tax receivable
$122.0M
$112.0M
$3.0M
$25.0M
Unbilled revenues
$512.0M
$451.0M
$437.0M
$434.0M
Materials and supplies
$110.0M
$114.0M
$109.0M
$109.0M
Secured seller promissory note from the sale of the Homeowner Services Group
$0
$0
$795.0M
$795.0M
Other
$324.0M
$305.0M
$367.0M
$296.0M
Total current assets
$1.7B
$1.5B
$1.6B
$1.4B
Regulatory assets
$1.2B
$1.1B
$1.2B
$1.2B
Operating lease right-of-use assets
$81.0M
$82.0M
$87.0M
$89.0M
Goodwill
$1.3B
$1.2B
$1.2B
$1.2B
Other
$288.0M
$291.0M
$372.0M
$369.0M
Total regulatory and other long-term assets
$2.8B
$2.7B
$3.6B
$3.6B
Total assets
$36.5B
$35.3B
$34.7B
$33.9B
Common stock ($0.01 par value; 500,000,000 shares authorized; 204,215,977 and 200,605,170 shares issued, respectively)
2.0M
2.0M
2.0M
2.0M
Paid-in-capital
$9.1B
$8.7B
$8.6B
$8.6B
Retained earnings
$2.9B
$2.8B
$2.7B
$2.4B
Accumulated other comprehensive income
$8.0M
$8.0M
$4.0M
$5.0M
Treasury stock, at cost (5,487,769 and 5,428,008 shares, respectively)
-396.0M
-396.0M
-391.0M
-391.0M
Total common shareholders' equity
$11.7B
$11.0B
$10.9B
$10.7B
Long-term debt
$14.0B
$12.8B
$13.0B
$12.3B
Redeemable preferred stock at redemption value
$3.0M
$3.0M
$3.0M
$3.0M
Total long-term debt
$14.0B
$12.8B
$13.0B
$12.3B
Total capitalization
$25.7B
$23.8B
$23.9B
$23.0B
Short-term debt
$1.5B
$1.4B
$1.0B
$1.6B
Current portion of long-term debt
$446.0M
$1.5B
$1.3B
$1.1B
Accounts payable
$326.0M
$272.0M
$302.0M
$306.0M
Accrued liabilities
$555.0M
$580.0M
$630.0M
$569.0M
Accrued taxes
$84.0M
$94.0M
$151.0M
$107.0M
Accrued interest
$147.0M
$135.0M
$139.0M
$119.0M
Other
$212.0M
$177.0M
$191.0M
$182.0M
Total current liabilities
$3.3B
$4.1B
$3.7B
$4.0B
Advances for construction
$481.0M
$468.0M
$425.0M
$410.0M
Deferred income taxes and investment tax credits
$3.5B
$3.4B
$3.1B
$3.0B
Regulatory liabilities
$1.4B
$1.4B
$1.5B
$1.4B
Operating lease liabilities
$70.0M
$72.0M
$75.0M
$77.0M
Accrued pension expense
$152.0M
$160.0M
$203.0M
$207.0M
Other
$223.0M
$204.0M
$280.0M
$255.0M
Total regulatory and other long-term liabilities
$5.8B
$5.7B
$5.5B
$5.4B
Contributions in aid of construction
$1.7B
$1.6B
$1.6B
$1.6B
Total capitalization and liabilities
$36.5B
$35.3B
$34.7B
$33.9B
Cash flow statement
American Water Works Co Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$1.1B
$1.1B
$944.0M
$820.0M
Depreciation and amortization
$894.0M
$788.0M
$704.0M
$649.0M
Deferred income taxes and amortization of investment tax credits
$135.0M
$156.0M
$208.0M
$80.0M
Provision for losses on accounts receivable
$48.0M
$31.0M
$24.0M
$24.0M
Pension and non-pension postretirement benefits
$1.0M
($3.0M)
($6.0M)
($47.0M)
Other non-cash, net
($30.0M)
$34.0M
($27.0M)
$7.0M
Receivables and unbilled revenues
($145.0M)
($107.0M)
($56.0M)
($114.0M)
Income tax receivable
$16.0M
$61.0M
$28.0M
($110.0M)
Pension and non-pension postretirement benefit contributions
($49.0M)
($52.0M)
($49.0M)
($51.0M)
Accounts payable and accrued liabilities
$97.0M
$111.0M
$70.0M
($8.0M)
Accrued taxes
($30.0M)
$92.0M
$21.0M
($118.0M)
Other assets and liabilities, net
$11.0M
($117.0M)
$13.0M
($5.0M)
Net cash provided by operating activities
$2.1B
$2.0B
$1.9B
$1.1B
Capital expenditures
($3.1B)
($2.9B)
($2.6B)
($2.3B)
Acquisitions, net of cash acquired
($71.0M)
($417.0M)
($81.0M)
($315.0M)
Removal costs from property, plant and equipment retirements, net
($175.0M)
($152.0M)
($159.0M)
($123.0M)
Purchases of available-for-sale fixed-income securities
($46.0M)
($135.0M)
—
—
Proceeds from sales and maturities of available-for-sale fixed-income securities
$109.0M
$181.0M
—
—
Net cash used in investing activities
($3.3B)
($3.4B)
($2.8B)
($2.1B)
Proceeds from long-term debt, net of discount
$1.8B
$1.4B
$1.3B
$822.0M
Repayments of long-term debt
($664.0M)
($475.0M)
($282.0M)
($15.0M)
Net proceeds from common stock financing
$0
$0
$1.7B
—
Net short-term borrowings (repayments) with maturities less than three months
$709.0M
$700.0M
($996.0M)
$591.0M
Advances and contributions in aid of construction, net of refunds of $31, $33 and $25 in 2025, 2024 and 2023, respectively
$67.0M
$39.0M
$60.0M
$74.0M
Debt issuance costs
($17.0M)
($14.0M)
($16.0M)
($7.0M)
Dividends paid
($633.0M)
($585.0M)
($532.0M)
($467.0M)
Other, net
$6.0M
$8.0M
$2.0M
$2.0M
Net cash provided by financing activities
$1.2B
$1.1B
$1.2B
$1.0B
Net (decrease) increase in cash, cash equivalents and restricted funds
($1.0M)
($224.0M)
$247.0M
($19.0M)
Cash, cash equivalents and restricted funds at beginning of period
$140.0M
$364.0M
$117.0M
$136.0M
Cash, cash equivalents and restricted funds at end of period
$139.0M
$140.0M
$364.0M
$117.0M
Interest, net of capitalized amount
$568.0M
$483.0M
$445.0M
$414.0M
Capital expenditures acquired on account but unpaid as of year end
$350.0M
$347.0M
$399.0M
$330.0M
Acquisition financed by treasury stock
$11.0M
—
—
—
Settlements of long-term debt
$27.0M
—
—
—
American Water Works Co Inc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$511.0M
$196.0M
$873.0M
$494.0M
Depreciation and amortization
$477.0M
$237.0M
$663.0M
$437.0M
Deferred income taxes and amortization of investment tax credits
$294.0M
$231.0M
$104.0M
$51.0M
Provision for losses on accounts receivable
$22.0M
$14.0M
$36.0M
$19.0M
Pension and non-pension postretirement benefits
($4.0M)
($2.0M)
$1.0M
($2.0M)
Other non-cash, net
($32.0M)
($12.0M)
($6.0M)
($36.0M)
Receivables and unbilled revenues
($132.0M)
($22.0M)
($201.0M)
($146.0M)
Income tax receivable
($113.0M)
($103.0M)
$22.0M
$0
Pension contributions
($22.0M)
($11.0M)
($33.0M)
($22.0M)
Accounts payable and accrued liabilities
($77.0M)
($164.0M)
($2.0M)
($59.0M)
Accrued taxes
($46.0M)
($37.0M)
$4.0M
($42.0M)
Other assets and liabilities, net
$29.0M
($22.0M)
($65.0M)
($62.0M)
Net cash provided by operating activities
$907.0M
$305.0M
$1.4B
$632.0M
Capital expenditures
($1.5B)
($659.0M)
($2.1B)
($1.3B)
Acquisitions, net of cash acquired
($346.0M)
($20.0M)
($22.0M)
($13.0M)
Proceeds from secured seller promissory note from the sale of the Homeowner Services Group
$795.0M
$795.0M
—
—
Removal costs from property, plant and equipment retirements, net
($89.0M)
($40.0M)
($120.0M)
($71.0M)
Purchases of available-for-sale fixed-income securities
$0
$0
($43.0M)
($35.0M)
Proceeds from sales and maturities of available-for-sale fixed-income securities
$32.0M
$17.0M
$84.0M
$60.0M
Net cash used in investing activities
($1.1B)
$93.0M
($2.2B)
($1.3B)
Proceeds from long-term debt, net of discount
$1.3B
$7.0M
$1.8B
$876.0M
Repayments of long-term debt
($1.1B)
($3.0M)
($623.0M)
($606.0M)
Proceeds from the issuance of common stock
$476.0M
—
—
—
Net short-term (repayments) borrowings with original maturities less than three months
($89.0M)
($222.0M)
$126.0M
$710.0M
Advances and contributions in aid of construction, net of refunds of $15 and $16 for the six months ended June 30, 2026 and 2025, respectively
$37.0M
$19.0M
$60.0M
$35.0M
Debt issuance costs
($9.0M)
$0
($17.0M)
($7.0M)
Dividends paid
($336.0M)
($162.0M)
($472.0M)
($311.0M)
Other, net
($2.0M)
($5.0M)
$2.0M
$6.0M
Net cash provided by financing activities
$309.0M
($366.0M)
$852.0M
$703.0M
Net increase (decrease) in cash, cash equivalents and restricted funds
$89.0M
$32.0M
$69.0M
($5.0M)
Cash, cash equivalents and restricted funds at beginning of period
$139.0M
$139.0M
$140.0M
$140.0M
Cash, cash equivalents and restricted funds at end of period
$228.0M
$171.0M
$209.0M
$135.0M
Capital expenditures acquired on account but unpaid as of the end of period