Reading the tape
NYSE: AWK
American Water Works Company, Inc.
Utilities · Regulated Water
Market Cap
$24.42B
52w High
$147.87
52w Low
$121.28
P/E
22.13
Volume
791.39K
Outstanding Shares
195.28M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: -14%Revenue (TTM): 8.1%FCF (TTM): -36.82%P/E: 5th pct
What changed
The stock fell 14% over the last year. Revenue grew 8.1% over the trailing twelve months. Operating margin moved from 36.61% to 36.48%. Free cash flow declined 36.82% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower with no clear directional signal from operating metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 36.48%. A decisive move in revenue — currently up 8.1% — would be the clearest signal to resolve the ambiguity.
Company profile
American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States.
CEOJohn C. Griffith
SectorUtilities
IndustryRegulated Water
Employees6,700
IPO dateApr 23, 2008
Valuation
Forward P/E—
EV/EBITDA14.87
Enterprise value$41.25B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth5.69%
Gross margin43.55%▼28.19%vs FY2024
Operating margin36.48%▼0.33%vs FY2024
ROE10.25%▲0.78%vs FY2024
Analyst consensus
RatingHold
Target price$130.67▲4.49%
13
Buy
14
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 29, 2026
Q3 FY26 · EPS est $1.52 · Revenue est $1.31B
View
Dividends
$3.38/shareQuarterlyDividend Achiever · 12yrEx-div May 12, 2026 · in 3dAt RiskAWK pays a dividend with a 2.7% declared yield, 12 consecutive years of growth, growing at 8.6% annually, covered -1.7× by free cash flow.
Declared Yield
2.7%
Annual Div / Share
$3.38
TTM $3.31
5yr CAGR
+8.6%
Doubles every ~8.4yr
Payout Ratio
58.62%
At Risk
Dividend Growth Rate
3yr CAGR
+8.15%
5yr CAGR
+8.6%
10yr CAGR
+9.34%
Dividend Safety
4/10At Risk
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$3.25+8.2%
2024$3.00+8.1%
2023$2.78+8.2%
2022$2.57+8.9%
2021$2.36+9.7%
2020$2.15+10.0%
2019$1.96+9.8%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$27/yr
$2/mo
In 5 yrs
$41/yr+51%
$3/mo
In 10 yrs
$62/yr+128%
$5/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$27/yr $2/mo | $41/yr+51% $3/mo | $62/yr+128% $5/mo |
Yield-on-cost grows from 2.7% → 6.16% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
AWK has raised its dividend for 12 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 8.6% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only -1.69× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.
Congressional Activity
Congress Trades in AWK
STOCK Act disclosures from senators and representatives.
Rick Larsen
WAhouseDemocratSale2026-04-07$1,001 - $15,000+9d to disclose