American Water Works Company (AWK) Operating Margin (2010 - 2026)
American Water Works Company's (AWK) quarterly Operating Margin came in at 40.0% in Q2 2026, up 168.0% year-over-year from 14.93% in Q2 2025, and up 23.48% quarter-over-quarter from 32.39% in Q1 2026.
American Water Works Company (AWK) Operating Margin (2010 - 2026) Analysis & Trends
American Water Works Company has disclosed Operating Margin across 17 years of filings, most recently posting 40.0% for Q2 2026.
- In Q2 2026, Operating Margin rose 168.0% year-over-year to 40.0%; the TTM figure through Jun 2026 stood at 36.94% (up 46.0% YoY), while the FY2025 annual figure was 36.56%, down 12.0% from the prior year.
- Operating Margin came in at 40.0% for Q2 2026 at American Water Works Company, up from 32.39% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 42.32% in Q3 2025 to a low of 28.03% in Q4 2022.
- Average Operating Margin over 5 years is 35.36%, with a median of 34.1% recorded in 2022.
- Year-over-year, Operating Margin jumped 490 bps in 2022 and plunged 144 bps in 2025.
- Over 5 years, Operating Margin stood at 28.03% in 2022, then grew by 3 bps to 28.97% in 2023, then gained by 15 bps to 33.31% in 2024, then slipped by 4 bps to 31.86% in 2025, then rose by 26 bps to 40.0% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 40.0% in Q2 2026, 32.39% in Q1 2026, and 31.86% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 306.41 Bn | 306.41 Bn | 890.00 Mn | 30.20% |
| 2 | National Grid | 79.91 Bn | 76.14 Bn | - | - |
| 3 | Dominion Energy | 54.94 Bn | 58.84 Bn | 3.50 Bn | 7.34% |
| 4 | Xcel Energy | 44.99 Bn | 42.98 Bn | 3.12 Bn | 22.64% |
| 5 | Wec Energy | 33.53 Bn | 33.88 Bn | 1.45 Bn | 20.99% |
| 6 | Ameren | 28.13 Bn | 28.25 Bn | - | 21.94% |
| 7 | Fortis | 27.32 Bn | 28.61 Bn | 1.60 Bn | 27.43% |
| 8 | American Water Works Company | 26.60 Bn | 26.40 Bn | 874.00 Mn | 40.00% |
| 9 | Atmos Energy | 26.60 Bn | 26.07 Bn | - | 36.45% |
| 10 | Firstenergy | 25.89 Bn | 27.19 Bn | 2.51 Bn | 18.41% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.00% |
| Mar 31, 2026 | 32.39% |
| Dec 31, 2025 | 31.86% |
| Sep 30, 2025 | 42.32% |
| Jun 30, 2025 | 38.32% |
| Mar 31, 2025 | 32.49% |
| Dec 31, 2024 | 33.31% |
| Sep 30, 2024 | 41.04% |
| Jun 30, 2024 | 39.08% |
| Mar 31, 2024 | 32.25% |
| Dec 31, 2023 | 28.97% |
| Sep 30, 2023 | 40.96% |
| Jun 30, 2023 | 39.38% |
| Mar 31, 2023 | 31.45% |
| Dec 31, 2022 | 28.03% |
| Sep 30, 2022 | 40.57% |
| Jun 30, 2022 | 34.90% |
| Mar 31, 2022 | 29.22% |
| Dec 31, 2021 | 23.13% |
| Sep 30, 2021 | 38.19% |
American Water Works Company Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=AWK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "AWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=AWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();