AMERICAN STATES WATER CO (AWR) Stock Fundamental Analysis

NYSE:AWR • US0298991011

72.94 USD
-0.54 (-0.73%)
At close: Feb 20, 2026
72.94 USD
0 (0%)
After Hours: 2/20/2026, 8:17:57 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, AWR scores 5 out of 10 in our fundamental rating. AWR was compared to 14 industry peers in the Water Utilities industry. While AWR has a great profitability rating, there are some minor concerns on its financial health. AWR is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • AWR had positive earnings in the past year.
  • AWR had a positive operating cash flow in the past year.
  • Of the past 5 years AWR 4 years were profitable.
  • Of the past 5 years AWR 4 years had a positive operating cash flow.
AWR Yearly Net Income VS EBIT VS OCF VS FCFAWR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M

1.2 Ratios

  • AWR's Return On Assets of 4.88% is fine compared to the rest of the industry. AWR outperforms 78.57% of its industry peers.
  • AWR has a Return On Equity of 12.84%. This is amongst the best in the industry. AWR outperforms 92.86% of its industry peers.
  • AWR has a Return On Invested Capital of 6.19%. This is amongst the best in the industry. AWR outperforms 85.71% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for AWR is in line with the industry average of 4.99%.
  • The last Return On Invested Capital (6.19%) for AWR is above the 3 year average (6.15%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.88%
ROE 12.84%
ROIC 6.19%
ROA(3y)4.71%
ROA(5y)4.78%
ROE(3y)13.33%
ROE(5y)13.42%
ROIC(3y)6.15%
ROIC(5y)6.12%
AWR Yearly ROA, ROE, ROICAWR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • AWR has a Profit Margin (20.35%) which is in line with its industry peers.
  • AWR's Profit Margin has improved in the last couple of years.
  • With a Operating Margin value of 30.92%, AWR perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
  • In the last couple of years the Operating Margin of AWR has grown nicely.
  • The Gross Margin of AWR (81.56%) is better than 85.71% of its industry peers.
  • AWR's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 30.92%
PM (TTM) 20.35%
GM 81.56%
OM growth 3Y3.23%
OM growth 5Y2.98%
PM growth 3Y1.9%
PM growth 5Y2.4%
GM growth 3Y1.3%
GM growth 5Y0.64%
AWR Yearly Profit, Operating, Gross MarginsAWR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AWR is destroying value.
  • AWR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
AWR Yearly Shares OutstandingAWR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
AWR Yearly Total Debt VS Total AssetsAWR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • An Altman-Z score of 1.87 indicates that AWR is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 1.87, AWR is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
  • AWR has a debt to FCF ratio of 26.20. This is a negative value and a sign of low solvency as AWR would need 26.20 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 26.20, AWR belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
  • A Debt/Equity ratio of 0.91 indicates that AWR is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.91, AWR perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.91
Debt/FCF 26.2
Altman-Z 1.87
ROIC/WACC0.73
WACC8.43%
AWR Yearly LT Debt VS Equity VS FCFAWR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

  • A Current Ratio of 1.27 indicates that AWR should not have too much problems paying its short term obligations.
  • AWR's Current ratio of 1.27 is amongst the best of the industry. AWR outperforms 85.71% of its industry peers.
  • AWR has a Quick Ratio of 1.18. This is a normal value and indicates that AWR is financially healthy and should not expect problems in meeting its short term obligations.
  • AWR has a better Quick ratio (1.18) than 78.57% of its industry peers.
Industry RankSector Rank
Current Ratio 1.27
Quick Ratio 1.18
AWR Yearly Current Assets VS Current LiabilitesAWR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. Growth

3.1 Past

  • AWR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.31%.
  • The Earnings Per Share has been growing slightly by 7.66% on average over the past years.
EPS 1Y (TTM)6.31%
EPS 3Y16.89%
EPS 5Y7.66%
EPS Q2Q%-1.33%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%14.8%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.80% on average over the next years.
  • AWR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.41% yearly.
EPS Next Y4.3%
EPS Next 2Y5.73%
EPS Next 3Y6.58%
EPS Next 5Y5.8%
Revenue Next Year3.94%
Revenue Next 2Y3.1%
Revenue Next 3Y20.66%
Revenue Next 5Y3.41%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
AWR Yearly Revenue VS EstimatesAWR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 200M 400M 600M 800M 1B
AWR Yearly EPS VS EstimatesAWR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 21.64, AWR is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Earnings ratio of AWR is on the same level as its industry peers.
  • AWR is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 20.75, the valuation of AWR can be described as rather expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as AWR.
  • The average S&P500 Price/Forward Earnings ratio is at 28.06. AWR is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 21.64
Fwd PE 20.75
AWR Price Earnings VS Forward Price EarningsAWR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • AWR's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, AWR is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 80.86
EV/EBITDA 15.26
AWR Per share dataAWR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AWR does not grow enough to justify the current Price/Earnings ratio.
  • AWR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.04
PEG (5Y)2.83
EPS Next 2Y5.73%
EPS Next 3Y6.58%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • AWR has a Yearly Dividend Yield of 2.75%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.97, AWR has a dividend in line with its industry peers.
  • AWR's Dividend Yield is a higher than the S&P500 average which is at 1.85.
Industry RankSector Rank
Dividend Yield 2.75%

5.2 History

  • The dividend of AWR is nicely growing with an annual growth rate of 8.98%!
  • AWR has paid a dividend for at least 10 years, which is a reliable track record.
  • AWR has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.98%
Div Incr Years34
Div Non Decr Years34
AWR Yearly Dividends per shareAWR Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • AWR pays out 56.10% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • The dividend of AWR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP56.1%
EPS Next 2Y5.73%
EPS Next 3Y6.58%
AWR Yearly Income VS Free CF VS DividendAWR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M
AWR Dividend Payout.AWR Dividend Payout, showing the Payout Ratio.AWR Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

AMERICAN STATES WATER CO

NYSE:AWR (2/20/2026, 8:17:57 PM)

After market: 72.94 0 (0%)

72.94

-0.54 (-0.73%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryWater Utilities
Earnings (Last)02-18
Earnings (Next)05-05
Inst Owners85.21%
Inst Owner Change-1.92%
Ins Owners0.85%
Ins Owner Change-0.09%
Market Cap2.82B
Revenue(TTM)N/A
Net Income(TTM)129.63M
Analysts44.44
Price Target73.44 (0.69%)
Short Float %1.94%
Short Ratio3.03
Dividend
Industry RankSector Rank
Dividend Yield 2.75%
Yearly Dividend1.78
Dividend Growth(5Y)8.98%
DP56.1%
Div Incr Years34
Div Non Decr Years34
Ex-Date02-23
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.59%
Min EPS beat(2)-5.6%
Max EPS beat(2)4.43%
EPS beat(4)3
Avg EPS beat(4)4.22%
Min EPS beat(4)-5.6%
Max EPS beat(4)15.13%
EPS beat(8)4
Avg EPS beat(8)1.18%
EPS beat(12)7
Avg EPS beat(12)-1.03%
EPS beat(16)8
Avg EPS beat(16)-3.07%
Revenue beat(2)1
Avg Revenue beat(2)-2.1%
Min Revenue beat(2)-5.39%
Max Revenue beat(2)1.18%
Revenue beat(4)3
Avg Revenue beat(4)2.18%
Min Revenue beat(4)-5.39%
Max Revenue beat(4)12.45%
Revenue beat(8)5
Avg Revenue beat(8)3.26%
Revenue beat(12)7
Avg Revenue beat(12)6.25%
Revenue beat(16)7
Avg Revenue beat(16)2.51%
PT rev (1m)-11.11%
PT rev (3m)-11.66%
EPS NQ rev (1m)2.86%
EPS NQ rev (3m)2.86%
EPS NY rev (1m)0%
EPS NY rev (3m)1.22%
Revenue NQ rev (1m)11.13%
Revenue NQ rev (3m)11.13%
Revenue NY rev (1m)2.37%
Revenue NY rev (3m)1.03%
Valuation
Industry RankSector Rank
PE 21.64
Fwd PE 20.75
P/S 4.43
P/FCF 80.86
P/OCF 10.59
P/B 2.8
P/tB 2.8
EV/EBITDA 15.26
EPS(TTM)3.37
EY4.62%
EPS(NY)3.51
Fwd EY4.82%
FCF(TTM)0.9
FCFY1.24%
OCF(TTM)6.89
OCFY9.44%
SpS16.45
BVpS26.07
TBVpS26.07
PEG (NY)5.04
PEG (5Y)2.83
Graham Number44.46
Profitability
Industry RankSector Rank
ROA 4.88%
ROE 12.84%
ROCE 8.01%
ROIC 6.19%
ROICexc 6.26%
ROICexgc 6.26%
OM 30.92%
PM (TTM) 20.35%
GM 81.56%
FCFM 5.48%
ROA(3y)4.71%
ROA(5y)4.78%
ROE(3y)13.33%
ROE(5y)13.42%
ROIC(3y)6.15%
ROIC(5y)6.12%
ROICexc(3y)6.21%
ROICexc(5y)6.19%
ROICexgc(3y)6.21%
ROICexgc(5y)6.19%
ROCE(3y)8.5%
ROCE(5y)8.27%
ROICexgc growth 3Y0.1%
ROICexgc growth 5Y-0.78%
ROICexc growth 3Y0.12%
ROICexc growth 5Y-0.77%
OM growth 3Y3.23%
OM growth 5Y2.98%
PM growth 3Y1.9%
PM growth 5Y2.4%
GM growth 3Y1.3%
GM growth 5Y0.64%
F-Score6
Asset Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 0.91
Debt/FCF 26.2
Debt/EBITDA 3.74
Cap/Depr 489.1%
Cap/Sales 36.37%
Interest Coverage 250
Cash Conversion 109.11%
Profit Quality 26.94%
Current Ratio 1.27
Quick Ratio 1.18
Altman-Z 1.87
F-Score6
WACC8.43%
ROIC/WACC0.73
Cap/Depr(3y)452.98%
Cap/Depr(5y)414.15%
Cap/Sales(3y)34.81%
Cap/Sales(5y)32.02%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.31%
EPS 3Y16.89%
EPS 5Y7.66%
EPS Q2Q%-1.33%
EPS Next Y4.3%
EPS Next 2Y5.73%
EPS Next 3Y6.58%
EPS Next 5Y5.8%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%14.8%
Revenue Next Year3.94%
Revenue Next 2Y3.1%
Revenue Next 3Y20.66%
Revenue Next 5Y3.41%
EBIT growth 1Y9.06%
EBIT growth 3Y9.5%
EBIT growth 5Y7.79%
EBIT Next Year33.31%
EBIT Next 3Y15.73%
EBIT Next 5Y12.48%
FCF growth 1Y136.45%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y215.79%
OCF growth 3Y19.79%
OCF growth 5Y11.2%

AMERICAN STATES WATER CO / AWR FAQ

What is the ChartMill fundamental rating of AMERICAN STATES WATER CO (AWR) stock?

ChartMill assigns a fundamental rating of 5 / 10 to AWR.


What is the valuation status of AMERICAN STATES WATER CO (AWR) stock?

ChartMill assigns a valuation rating of 4 / 10 to AMERICAN STATES WATER CO (AWR). This can be considered as Fairly Valued.


Can you provide the profitability details for AMERICAN STATES WATER CO?

AMERICAN STATES WATER CO (AWR) has a profitability rating of 7 / 10.


Can you provide the financial health for AWR stock?

The financial health rating of AMERICAN STATES WATER CO (AWR) is 5 / 10.


What is the expected EPS growth for AMERICAN STATES WATER CO (AWR) stock?

The Earnings per Share (EPS) of AMERICAN STATES WATER CO (AWR) is expected to grow by 4.3% in the next year.