American Water Works Company (AWK) Operating Margin (2010 - 2026)
American Water Works Company recorded quarterly Operating Margin of 32.39% in Q1 2026, up 1.66% quarter-over-quarter from 31.86% in Q4 2025, and down 9.0% year-over-year from 35.6% in Q1 2025.
American Water Works Company's Operating Margin history runs 17 years deep, the most recent figure standing at 32.39% for Q1 2026.
- In Q1 2026, Operating Margin fell 9.0% year-over-year to 32.39%; the TTM figure through Mar 2026 stood at 36.48% (down 13.0% YoY), while the FY2025 annual figure was 36.56%, down 12.0% from the prior year.
- Operating Margin came in at 32.39% for Q1 2026 at American Water Works Company, up from 31.86% 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.
- A 5-year average of 35.09% and a median of 33.31% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin jumped 490 bps in 2022 and plunged 144 bps in 2025, its largest moves.
- American Water Works Company's Operating Margin stood at 28.03% in 2022, then increased by 3 bps to 28.97% in 2023, then advanced by 15 bps to 33.31% in 2024, then dropped by 4 bps to 31.86% in 2025, then increased by 2 bps to 32.39% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 32.39%, 31.86%, and 42.32% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | 32.39% |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | 48.07% |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 36.05% |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | 40.91% |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | 8.47% |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | 20.42% |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 26.90% |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | 11.48% |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | 31.81% |
| 10 | Artesian Resources | 332.86 Mn | 328.60 Mn | 26.56 Mn | 22.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 33.03% |
| Mar 31, 2021 | 25.79% |
| Dec 31, 2020 | 28.49% |
| Sep 30, 2020 | 40.13% |
| Jun 30, 2020 | 33.62% |
| Mar 31, 2020 | 28.32% |
| Dec 31, 2019 | 24.83% |
| Sep 30, 2019 | 40.08% |
| Jun 30, 2019 | 34.24% |
| Mar 31, 2019 | 29.27% |
| Dec 31, 2018 | 29.18% |
| Sep 30, 2018 | 34.32% |
| Jun 30, 2018 | 35.40% |
| Mar 31, 2018 | 28.52% |
| Dec 31, 2017 | 34.23% |
| Sep 30, 2017 | 46.15% |
| Jun 30, 2017 | 36.73% |
| Mar 31, 2017 | 30.42% |
| Dec 31, 2016 | 30.92% |
| Sep 30, 2016 | 34.30% |
| Jun 30, 2016 | 36.15% |
| Mar 31, 2016 | 28.80% |
| Dec 31, 2015 | 29.63% |
| Sep 30, 2015 | 40.29% |
| Jun 30, 2015 | 35.55% |
| Mar 31, 2015 | 29.23% |
| Dec 31, 2014 | 30.64% |
| Sep 30, 2014 | 39.83% |
| Jun 30, 2014 | 33.77% |
| Mar 31, 2014 | 27.54% |
| Dec 31, 2013 | 30.84% |
| Sep 30, 2013 | 39.31% |
| Jun 30, 2013 | 33.68% |
| Mar 31, 2013 | 26.16% |
| Dec 31, 2012 | 24.52% |
| Sep 30, 2012 | 39.39% |
| Jun 30, 2012 | 36.30% |
| Mar 31, 2012 | 25.82% |
| Dec 31, 2011 | 27.68% |
| Sep 30, 2011 | 36.99% |
| Jun 30, 2011 | 30.11% |
| Mar 31, 2011 | 24.01% |
| Dec 31, 2010 | 23.88% |
| Sep 30, 2010 | 35.80% |
| Jun 30, 2010 | 29.86% |
| Mar 31, 2010 | 22.34% |