American Water Works Company, Inc. reported results for 2026 with revenue of $1.36B and diluted EPS of $1.61, versus $1.28B revenue and $1.48 EPS in the prior-year quarter, as regulated rate increases and infrastructure surcharges supported higher top-line and earnings performance.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$1.36B$1.28B6.2% | Net income²$315M$289M9% | Diluted EPS³$1.61$1.488.8% |
¹ Reported as “Operating revenues”. ² Reported as “Net income attributable to common shareholders”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth was driven by $111M in annualized rate case increases and $105M from infrastructure surcharges.
- Customer base expanded by about 61,700 year-to-date, including ~52,700 from acquisitions and ~9,000 organically, plus 56,600 pending-acquisition customers.
- Capital investment totaled $1.8B year-to-date, with plans for roughly $3.7B in 2026 to support system upgrades and reliability.
- Progress on major rate approvals and regulatory settlements in Pennsylvania, West Virginia, Maryland and California aided recovery of capital costs.
- Military Services Group expanded operations with the addition of Fort Lee and continued contract activity across installations.
Original SEC Filing:
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