American States Water Co. | Mid-cap | Utilities
$75.66
1.45%
| American States Stock Comparison:
American States vs American Water WorksAmerican States vs Essential UtilitiesAmerican States vs California WaterAmerican States vs SJWAmerican States vs Aris Water SolutionsAmerican States vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 148.0M
Gross Profit 114.4M 77.28%
Operating Income 45.5M 30.77%
Net Income 26.8M 18.14%
EPS (Diluted) $0.70

Balance Sheet Metrics

Total Assets 2.5B
Total Liabilities 1.6B
Shareholders Equity 956.4M
Debt to Equity 1.66

Cash Flow Metrics

Operating Cash Flow 49.9M
Free Cash Flow -22.5M

Revenue & Profitability Trend

American States Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i595.5M595.7M491.5M498.9M488.2M
Cost of Goods Sold i143.4M146.2M123.3M121.0M119.4M
Gross Profit i452.0M449.5M368.2M377.8M368.8M
Gross Margin % i75.9%75.5%74.9%75.7%75.5%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i100.9M88.3M86.2M83.5M83.6M
Other Operating Expenses i95.9M98.2M91.3M91.6M95.6M
Total Operating Expenses i196.8M186.5M177.5M175.2M179.3M
Operating Income i184.5M196.6M126.6M140.5M130.5M
Operating Margin % i31.0%33.0%25.7%28.2%26.7%
Non-Operating Items
Interest Income i7.9M7.4M2.3M1.5M1.8M
Interest Expense i50.4M42.8M27.0M22.8M22.5M
Other Non-Operating Income7.5M5.2M200.0K5.6M4.8M
Pre-tax Income i149.4M166.5M102.1M124.8M114.6M
Income Tax i30.2M41.6M23.7M30.4M28.2M
Effective Tax Rate % i20.2%25.0%23.2%24.4%24.6%
Net Income i119.3M124.9M78.4M94.3M86.4M
Net Margin % i20.0%21.0%15.9%18.9%17.7%
Key Metrics
EBITDA i244.0M252.4M170.7M187.1M174.4M
EPS (Basic) i$3.17$3.37$2.12$2.55$2.34
EPS (Diluted) i$3.17$3.36$2.11$2.55$2.33
Basic Shares Outstanding i3746400036976000369550003692100036880000
Diluted Shares Outstanding i3746400036976000369550003692100036880000

Income Statement Trend

American States Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i26.7M14.1M6.0M5.0M36.7M
Short-term Investments i-----
Accounts Receivable i37.7M34.2M26.2M34.4M29.2M
Inventory i15.1M17.6M14.6M12.2M8.6M
Other Current Assets57.8M50.9M19.5M14.2M18.6M
Total Current Assets i233.3M206.0M151.3M138.1M157.1M
Non-Current Assets
Property, Plant & Equipment i58.4M50.9M46.4M51.3M46.5M
Goodwill i-2.2M2.2M2.2M2.2M
Intangible Assets i-----
Long-term Investments-----
Other Non-Current Assets81.7M70.2M76.1M81.3M71.4M
Total Non-Current Assets i2.3B2.0B1.9B1.8B1.6B
Total Assets i2.5B2.2B2.0B1.9B1.8B
Liabilities
Current Liabilities
Accounts Payable i88.6M68.7M84.8M65.9M63.8M
Short-term Debt i126.5M44.2M257.8M33.4M2.4M
Current Portion of Long-term Debt-----
Other Current Liabilities24.0M13.9M15.6M13.4M12.0M
Total Current Liabilities i285.5M166.6M396.5M155.6M118.6M
Non-Current Liabilities
Long-term Debt i811.8M873.7M476.6M595.6M584.2M
Deferred Tax Liabilities i181.1M162.6M150.8M141.4M132.4M
Other Non-Current Liabilities175.1M165.8M162.3M161.4M155.8M
Total Non-Current Liabilities i1.3B1.3B928.3M1.1B1.0B
Total Liabilities i1.6B1.5B1.3B1.2B1.1B
Equity
Common Stock i355.1M263.2M260.2M258.4M256.7M
Retained Earnings i564.9M512.9M449.4M427.5M385.0M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i920.1M776.1M709.5M685.9M641.7M
Key Metrics
Total Debt i938.2M917.9M734.4M629.0M586.6M
Working Capital i-52.2M39.4M-245.2M-17.5M38.5M

Balance Sheet Composition

American States Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i119.3M124.9M78.4M94.3M86.4M
Depreciation & Amortization i44.2M43.3M41.7M40.0M37.2M
Stock-Based Compensation i3.7M3.3M2.6M2.6M2.5M
Working Capital Changes i32.9M-106.4M-17.1M-22.6M-5.4M
Operating Cash Flow i202.3M70.2M108.4M117.4M122.0M
Investing Activities
Capital Expenditures i-----
Acquisitions i-----
Investment Purchases i---921.0K-1.1M-1.3M
Investment Sales i-----
Investing Cash Flow i-820.0K-224.0K-1.8M-1.7M-1.2M
Financing Activities
Share Repurchases i-----
Dividends Paid i-67.0M-61.2M-56.4M-51.7M-47.2M
Debt Issuance i64.6M184.3M106.8M71.3M159.4M
Debt Repayment i-44.9M-334.0K-377.0K-28.4M-71.1M
Financing Cash Flow i46.6M129.2M50.3M-2.3M44.8M
Free Cash Flow i-33.2M-120.9M-48.4M-28.9M-8.3M
Net Change in Cash i248.2M199.1M157.0M113.4M165.7M

Cash Flow Trend

American States Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 22.88
Forward P/E 22.74
Price to Book 2.95
Price to Sales 4.66
PEG Ratio 9.72

Profitability Ratios

Profit Margin 20.26%
Operating Margin 31.46%
Return on Equity 13.82%
Return on Assets 4.87%

Financial Health

Current Ratio 1.56
Debt to Equity 97.74
Beta 0.61

Per Share Data

EPS (TTM) $3.26
Book Value per Share $25.25
Revenue per Share $16.18

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
awr2.9B22.882.9513.82%20.26%97.74
American Water Works 28.7B26.602.6910.40%21.91%141.10
Essential Utilities 11.0B16.821.6410.03%27.62%116.11
California Water 2.8B20.661.708.44%13.71%92.71
SJW 1.9B18.291.347.49%12.89%133.31
Aris Water Solutions 1.4B28.261.888.04%6.00%65.04

Financial data is updated regularly. All figures are in the company's reporting currency.