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Companies / Utilities / American Water Works
AWK

American Water Works

UtilitiesElectric, Gas & WaterS&P 500
Ticker AWKCAMDEN, NJFiscal year ends DecemberBook value per share $59.52Diluted shares 196.0M

American Water Works Company, Inc. (NYSE: AWK) provides drinking water, wastewater and related services to residential, commercial, industrial, fire service, public authority and resale customers. Its regulated utilities own and operate systems that treat and deliver water and collect, treat and recycle wastewater;… From the company’s description.

In fiscal 2025, American Water Works reported revenue of $5.14B, up 9.7% from fiscal 2024, and net income of $1.11B. Its operating margin was 36.6%, and operations generated $2.06B in cash. Over the twelve months to Jun 30, 2026, revenue was $5.28B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$5.14BFY2025
+9.7% year over year
Last 12 mo $5.28B
36.56%FY2025
−0.1 percentage points
Last 12 mo 36.94%
$1.11BFY2025
+5.7% year over year
Last 12 mo $1.13B
10.25%FY2025
+0.1 percentage points
Last 12 mo 9.67%
Cash & financing
$2.06BFY2025
+0.7% year over year
Last 12 mo $2.33B
$-1.24BFY2025
−29.0% year over year
Last 12 mo $-1.22B
1.46FY2025
Was 1.36× a year earlier
Last 12 mo 1.37
195.0MFY2025
No change, year over year
Last 12 mo 196.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What American Water Works does

In the company’s own words

American Water Works Company, Inc. (NYSE: AWK) provides drinking water, wastewater and related services to residential, commercial, industrial, fire service, public authority and resale customers. Its regulated utilities own and operate systems that treat and deliver water and collect, treat and recycle wastewater; other businesses provide water and wastewater services to the U.S. government at military installations and to municipalities. The company reports one segment, Regulated Businesses, which generated $4.723 billion, or 92% of operating revenue, in 2025; remaining activities are reported in Other. Its utilities served approximately 14 million people across 24 states, including 3.6 million active customers in regulated water and wastewater networks, and the company employed approximately 7,000 people in 2025. The Military Services Group operates on 18 military installations under long-term contracts with the U.S. government. Founded in 1886, American Water is a holding company incorporated in 1936. Its website is www.amwater.com.

Company details
Sector
Utilities
Industry (SIC)
Electric, Gas & Water
Headquarters
CAMDEN, NJ
Fiscal year end
December
CIK
1410636
SIC
4941

Financial performance, year by year

Fiscal 2013–2025 · USD
$-528.40M$1.06B$2.64B$4.23B$5.81B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns American Water Works — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

650
funds hold it
0 of 35
superinvestors hold it
$9.94B
held by funds, at market
38.4%
of shares held by funds
23
bond issues held by funds

Largest fund holders · American Water Works’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.25%of fund net assets
VANGUARD EQUITY INCOME FUND
VEIPX · VANGUARD FENWAY FUNDS
0.85%of fund net assets
1.81%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

American Water Works’s bonds, as funds hold them

Funds report holding 23 issues of American Water Works’s debt, $1.47B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.38%, maturing 2026 to 2055.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do American Water Works and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of American Water Works's earnings go — cash, debt, buybacks, reinvestment?”
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