Growth Metrics

American States Water (AWR) Equity Ratio (2010 - 2025)

American States Water (AWR) reported Equity Ratio of 0.39 for Q4 2025, up 4.65% year-over-year from 0.37 in Q4 2024, and up 1.31% on a QoQ basis from 0.38 in Q3 2025.

American States Water (AWR) has 16 years of Equity Ratio data on file, last reported at 0.39 in Q4 2025.

  • Quarterly Equity Ratio rose 4.65% year-over-year to 0.39 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.39 (up 4.65% YoY) and the FY2025 annual result came in at 0.39, up 4.65% from the prior year.
  • Equity Ratio improved to 0.39 in Q4 2025 per AWR's latest filing, from 0.38 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.39 in Q4 2025 and bottomed at 0.35 in Q4 2023.
  • The 5-year median for Equity Ratio is 0.36 (2021), against an average of 0.36.
  • The widest annual swing landed in 2022, when Equity Ratio dropped 3.34%; it then increased 7.62% in 2025.
  • Tracing AWR's Equity Ratio over 5 years: stood at 0.36 in 2021, then decreased by 3.34% to 0.35 in 2022, then declined by 0.93% to 0.35 in 2023, then gained by 6.5% to 0.37 in 2024, then increased by 4.65% to 0.39 in 2025.
  • Per Business Quant, the three latest AWR Equity Ratio figures stand at 0.39 (Q4 2025), 0.38 (Q3 2025), and 0.37 (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 American Water Works Company 24.16 Bn 24.02 Bn 714.00 Mn 0.31
2 Aris Mining 20.33 Bn 19.86 Bn 233.28 Mn -
3 Essential Utilities 10.48 Bn 10.40 Bn 685.96 Mn 0.35
4 American States Water 2.94 Bn 2.93 Bn 104.19 Mn 0.39
5 California Water Service 2.58 Bn 2.48 Bn 183.34 Mn 0.29
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn 0.34
7 Middlesex Water 959.61 Mn 957.57 Mn 25.70 Mn 0.36
8 Consolidated Water 465.28 Mn 344.14 Mn 10.92 Mn 0.88
9 York Water 430.12 Mn 430.12 Mn 13.98 Mn 0.35
10 Artesian Resources 332.86 Mn 328.60 Mn 26.56 Mn 0.29

Historic Data

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DateValue
Dec 31, 2025 0.39
Sep 30, 2025 0.38
Jun 30, 2025 0.37
Mar 31, 2025 0.38
Dec 31, 2024 0.37
Sep 30, 2024 0.36
Jun 30, 2024 0.35
Mar 31, 2024 0.35
Dec 31, 2023 0.35
Sep 30, 2023 0.35
Jun 30, 2023 0.35
Mar 31, 2023 0.35
Dec 31, 2022 0.35
Sep 30, 2022 0.36
Jun 30, 2022 0.36
Mar 31, 2022 0.36
Dec 31, 2021 0.36
Sep 30, 2021 0.36
Jun 30, 2021 0.36
Mar 31, 2021 0.36
Dec 31, 2020 0.36
Sep 30, 2020 0.37
Jun 30, 2020 0.36
Mar 31, 2020 0.36
Dec 31, 2019 0.37
Sep 30, 2019 0.37
Jun 30, 2019 0.37
Mar 31, 2019 0.37
Dec 31, 2018 0.37
Sep 30, 2018 0.38
Jun 30, 2018 0.37
Mar 31, 2018 0.37
Dec 31, 2017 0.37
Sep 30, 2017 0.35
Jun 30, 2017 0.35
Mar 31, 2017 0.34
Dec 31, 2016 0.34
Sep 30, 2016 0.34
Jun 30, 2016 0.34
Mar 31, 2016 0.34
Dec 31, 2015 0.35
Sep 30, 2015 0.35
Jun 30, 2015 0.36
Mar 31, 2015 0.37
Dec 31, 2014 0.37
Sep 30, 2014 0.38
Jun 30, 2014 0.37
Mar 31, 2014 0.37
Dec 31, 2013 0.38
Sep 30, 2013 0.36
Jun 30, 2013 0.35
Mar 31, 2013 0.36
Dec 31, 2012 0.35
Sep 30, 2012 0.35
Jun 30, 2012 0.34
Mar 31, 2012 0.33
Dec 31, 2011 0.33
Sep 30, 2011 0.34
Jun 30, 2011 0.33
Dec 31, 2010 0.32