American Water Works Company (AWK) Tax Rate (2009 - 2026)
American Water Works Company (AWK) posted Tax Rate of 22.22% for Q2 2026, down 8.64% sequentially from 24.32% in Q1 2026, and down 92.0% YoY from 277.78% in Q2 2025.
Analysis
American Water Works Company (AWK) Tax Rate (2009 - 2026) Analysis & Trends
American Water Works Company has reported Tax Rate for 18 years, with the latest figure at 22.22% in Q2 2026.
- Quarterly Tax Rate fell 92.0% year-over-year to 22.22% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 21.67% (down 109.0% YoY) and the FY2025 annual result came in at 21.87%, down 79.0% from the prior year.
- Tax Rate retreated to 22.22% in Q2 2026 per AWK's latest filing, from 24.32% in the prior quarter.
- Over five years, Tax Rate peaked at 24.32% in Q1 2026 and troughed at 15.6% in Q4 2025.
- A 5-year average of 21.2% and a median of 21.56% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 1044 bps in 2022, then soared 414 bps in 2023.
- Over 5 years, Tax Rate stood at 17.42% in 2022, then rose by 24 bps to 21.56% in 2023, then declined by 2 bps to 21.12% in 2024, then fell by 26 bps to 15.6% in 2025, then surged by 42 bps to 22.22% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 22.22%, 24.32%, and 15.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.46 Bn | 27.26 Bn | 874.00 Mn | 22.22% |
| 2 | Essential Utilities | 11.84 Bn | 11.83 Bn | 377.22 Mn | 3.11% |
| 3 | American States Water | 3.47 Bn | 3.45 Bn | 169.26 Mn | 25.07% |
| 4 | California Water Service | 3.04 Bn | 2.95 Bn | 263.45 Mn | 30.48% |
| 5 | H2O America | 2.68 Bn | 2.58 Bn | 197.11 Mn | 13.09% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | 30.96 Mn | 10.80% |
| 7 | York Water | 544.80 Mn | 544.25 Mn | 17.56 Mn | 2.13% |
| 8 | Consolidated Water | 466.41 Mn | 333.78 Mn | 10.96 Mn | 5.98% |
| 9 | Artesian Resources | 371.08 Mn | 361.28 Mn | 29.37 Mn | 36.07% |
| 10 | Cadiz | 342.90 Mn | 337.58 Mn | -24,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.22% |
| Mar 31, 2026 | 24.32% |
| Dec 31, 2025 | 15.60% |
| Sep 30, 2025 | 23.28% |
| Jun 30, 2025 | 23.14% |
| Mar 31, 2025 | 24.07% |
| Dec 31, 2024 | 21.12% |
| Sep 30, 2024 | 22.74% |
| Jun 30, 2024 | 23.27% |
| Mar 31, 2024 | 23.55% |
| Dec 31, 2023 | 21.56% |
| Sep 30, 2023 | 20.64% |
| Jun 30, 2023 | 21.57% |
| Mar 31, 2023 | 20.56% |
| Dec 31, 2022 | 17.42% |
| Sep 30, 2022 | 19.07% |
| Jun 30, 2022 | 19.26% |
| Mar 31, 2022 | 18.13% |
| Dec 31, 2021 | 27.85% |
| Sep 30, 2021 | 18.24% |