American Water Works Company (AWK) Operating Expenses (2010 - 2026)
American Water Works Company (AWK) posted Operating Expenses of $813.0 million for Q2 2026, little changed sequentially from $816.0 million in Q1 2026, and up 3.3% YoY from $787.0 million in Q2 2025.
Analysis
American Water Works Company (AWK) Operating Expenses (2010 - 2026) Analysis & Trends
American Water Works Company has reported Operating Expenses for 17 years, with the latest figure at $813.0 million in Q2 2026.
- Quarterly Operating Expenses rose 3.3% year-over-year to $813.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.3 billion (up 6.15% YoY) and the FY2025 annual result came in at $3.3 billion, up 9.95% from the prior year.
- Operating Expenses steadied at $813.0 million in Q2 2026 per AWK's latest filing, from $816.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $866.0 million in Q4 2025 and troughed at $596.0 million in Q1 2022.
- A 5-year average of $728.1 million and a median of $716.5 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses retreated 9.56% in 2022, then climbed 13.21% in 2024.
- Over 5 years, Operating Expenses stood at $670.0 million in 2022, then gained by 9.4% to $733.0 million in 2023, then increased by 9.28% to $801.0 million in 2024, then climbed by 8.11% to $866.0 million in 2025, then decreased by 6.12% to $813.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $813.0 million, $816.0 million, and $866.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.46 Bn | 27.26 Bn | 874.00 Mn | 813.00 Mn |
| 2 | Essential Utilities | 11.84 Bn | 11.83 Bn | 377.22 Mn | 337.58 Mn |
| 3 | American States Water | 3.47 Bn | 3.45 Bn | 169.26 Mn | 117.32 Mn |
| 4 | California Water Service | 3.04 Bn | 2.95 Bn | 263.45 Mn | 237.70 Mn |
| 5 | H2O America | 2.68 Bn | 2.58 Bn | 197.11 Mn | 167.72 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | 30.96 Mn | 38.13 Mn |
| 7 | York Water | 544.80 Mn | 544.25 Mn | 17.56 Mn | 13.71 Mn |
| 8 | Consolidated Water | 466.41 Mn | 333.78 Mn | 10.96 Mn | 9.09 Mn |
| 9 | Artesian Resources | 371.08 Mn | 361.28 Mn | 29.37 Mn | 22.05 Mn |
| 10 | Cadiz | 342.90 Mn | 337.58 Mn | -24,000.00 | 9.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 813.00 Mn |
| Mar 31, 2026 | 816.00 Mn |
| Dec 31, 2025 | 866.00 Mn |
| Sep 30, 2025 | 837.00 Mn |
| Jun 30, 2025 | 787.00 Mn |
| Mar 31, 2025 | 771.00 Mn |
| Dec 31, 2024 | 801.00 Mn |
| Sep 30, 2024 | 780.00 Mn |
| Jun 30, 2024 | 700.00 Mn |
| Mar 31, 2024 | 685.00 Mn |
| Dec 31, 2023 | 733.00 Mn |
| Sep 30, 2023 | 689.00 Mn |
| Jun 30, 2023 | 665.00 Mn |
| Mar 31, 2023 | 643.00 Mn |
| Dec 31, 2022 | 670.00 Mn |
| Sep 30, 2022 | 643.00 Mn |
| Jun 30, 2022 | 610.00 Mn |
| Mar 31, 2022 | 596.00 Mn |
| Dec 31, 2021 | 731.00 Mn |
| Sep 30, 2021 | 675.00 Mn |