SuperworthAmerican States Water profit margin AWR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 20.5%
- Operating margin, 12 months
- 31.8%
- Net margin on a year earlier
- +0.3 pts
- Peer median
- 21.3%
Over the twelve months to Jun 30, 2026, American States Water kept 20.5% of its revenue as net profit, with an operating margin of 31.8%.
Five years earlier its net margin was 18.4%.
The median for 8 water utilities of a similar size is 21.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 19.8% | 30.9% |
| FY2024 | 20.0% | 31.0% |
| FY2023 | 21.0% | 33.0% |
| FY2022 | 15.9% | 25.8% |
| FY2021 | 18.9% | 28.3% |
| FY2020 | 17.7% | 26.7% |
| FY2019 | 17.8% | 26.8% |
| FY2018 | 14.6% | 23.1% |
| FY2017 | 15.7% | 28.8% |
| FY2016 | 13.7% | 26.3% |
| FY2015 | 13.2% | 25.8% |
| FY2014 | 13.1% | 25.6% |
| FY2013 | 13.3% | 25.2% |
| FY2012 | 11.6% | 23.8% |
| FY2011 | 10.9% | 22.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 20.5% | +0.3 pts | 31.8% | |
| Q1 FY26 | 19.7% | −0.6 pts | 30.8% | |
| Q4 FY25 | 19.8% | −0.2 pts | 30.9% | |
| Q3 FY25 | 20.4% | +1.2 pts | 30.9% | |
| Q2 FY25 | 20.3% | +1.4 pts | 30.9% | |
| Q1 FY25 | 20.2% | +0.3 pts | 31.4% | |
| Q4 FY24 | 20.0% | −0.9 pts | 31.0% | |
| Q3 FY24 | 19.3% | −1.4 pts | 31.3% | |
| Q2 FY24 | 18.9% | −1.4 pts | 31.3% | |
| Q1 FY24 | 20.0% | +1.8 pts | 32.4% | |
| Q4 FY23 | 21.0% | +5.0 pts | 33.0% | |
| Q3 FY23 | 20.7% | +4.1 pts | 31.8% |
Against its peers
Companies in Regulated Water nearest American States Water's size, closest first, today.
| Company | Profit margin |
|---|---|
| AWRAmerican States Water | 20.5% |
| CWTCalifornia Water Service | n/m |
| HTOH2O America | 12.9% |
| MSEXMiddlesex Water | 23.3% |
| WTRGEssential Utilities | 21.6% |
| YORWYork Water | 28.5% |
| CWCOConsolidated Water | 12.7% |
| AWKAmerican Water Works | 21.3% |
| ARTNAArtesian Resources | 20.2% |
| Peer median | 21.3% |
Where American States Water ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on American States Water
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.