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How American States Water (AWR) Makes Money: A Visual Guide

American States Water (AWR) generated $679.25M in revenue, earning $133.55M in net profit (19.7% margin). Its largest revenue source is Water Service Utility Operations (69.9% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

In TTM through Q1 2026, American States Water (AWR) generated revenue across 3 reportable product segments; the largest contributor was Water Service Utility Operations at 69.9%, followed by Contracted Services (21%) and Electric Service Utility Operations (9.1%).

American States Water (AWR) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending (reported ).

American States Water (AWR) Revenue by Product Segment — TTM through Q1 2026

Revenue contribution by product segment for American States Water (AWR) in TTM through Q1 2026.

  • Water Service Utility Operations

    Revenue
    $474.79M
    % of total
    69.9%
  • Contracted Services

    Revenue
    $142.95M
    % of total
    21%
  • Electric Service Utility Operations

    Revenue
    $61.52M
    % of total
    9.1%
  • Total

    Revenue
    $679.25M
    % of total
    100%

Frequently asked questions

How does American States Water (AWR) make money?

American States Water (AWR) primarily makes money through Water Service Utility Operations, which accounts for 69.9% of total revenue. For TTM through Q1 2026, American States Water generated $679.25M in total revenue with a net profit margin of 19.7%.

What is American States Water (AWR) gross profit margin?

American States Water (AWR) reported a gross profit margin of 57.5% for TTM through Q1 2026, equivalent to $390.72M in gross profit. This means American States Water retains 57.5% of each revenue unit after direct costs of production.

What is American States Water (AWR) operating profit margin?

American States Water (AWR) reported an operating profit margin of 30.8% for TTM through Q1 2026, equivalent to $209.10M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is American States Water (AWR) net profit margin?

American States Water (AWR) reported a net profit margin of 19.7% for TTM through Q1 2026, equivalent to $133.55M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does American States Water (AWR) spend on capital expenditures?

American States Water (AWR) spent $218.31M on capital expenditures in TTM through Q1 2026 (32.1% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is American States Water (AWR) free cash flow?

American States Water (AWR) generated $38.00M in free cash flow for TTM through Q1 2026 (5.6% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is American States Water (AWR) effective tax rate?

American States Water (AWR) had an effective tax rate of 23.4% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

What are American States Water (AWR) main revenue segments?

American States Water (AWR) reports revenue across 3 reportable product segments, led by Water Service Utility Operations at 69.9% of total revenue in TTM through Q1 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.

Data & methodology

What is a Sankey diagram?

A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.

How is the data calculated?

We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.

Where do segment and geographic numbers come from?

Product-segment shares come from the same TTM income statement that powers the Sankey chart. Geographic splits are first rebuilt from the four most recent quarterly geographic-segmentation filings so they align with the same TTM window; if quarterly geo data is missing, we fall back to the latest annual disclosure (the table heading shows which one is in use).

When was this data last updated?

Based on company filings through TTM through Q1 2026.

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