American States Water (AWR) Gross Margin (2010 - 2025)
American States Water (AWR) reported Gross Margin of 94.64% for Q4 2025, down 1226.0% year-over-year from 8.4% in Q4 2024, and down 1.28% on a QoQ basis from 95.86% in Q3 2025.
American States Water (AWR) has 16 years of Gross Margin data on file, last reported at 94.64% in Q4 2025.
- Quarterly Gross Margin fell 1226.0% year-over-year to 94.64% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 93.82% (up 1114.0% YoY) and the FY2025 annual result came in at 95.33%, up 1443.0% from the prior year.
- Gross Margin slipped to 94.64% in Q4 2025 per AWR's latest filing, from 95.86% in the prior quarter.
- Across five years, Gross Margin topped out at 250.42% in Q4 2022 and bottomed at 88.29% in Q4 2023.
- The 5-year median for Gross Margin is 95.84% (2022), against an average of 103.5%.
- The widest annual swing landed in 2022, when Gross Margin soared 14302 bps; it then slumped 16212 bps in 2023.
- Tracing AWR's Gross Margin over 5 years: stood at 107.4% in 2021, then jumped by 133 bps to 250.42% in 2022, then tumbled by 65 bps to 88.29% in 2023, then rose by 21 bps to 106.89% in 2024, then decreased by 11 bps to 94.64% in 2025.
- Per Business Quant, the three latest AWR Gross Margin figures stand at 94.64% (Q4 2025), 95.86% (Q3 2025), and 92.45% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | 59.15% |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | 62.63% |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 79.60% |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | 94.64% |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | 85.44% |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | 93.45% |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 52.76% |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | 36.42% |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | 70.00% |
| 10 | Artesian Resources | 332.86 Mn | 328.60 Mn | 26.56 Mn | 95.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 94.64% |
| Sep 30, 2025 | 95.86% |
| Jun 30, 2025 | 92.45% |
| Mar 31, 2025 | 92.91% |
| Dec 31, 2024 | 106.89% |
| Sep 30, 2024 | 94.38% |
| Jun 30, 2024 | 94.73% |
| Mar 31, 2024 | 97.62% |
| Dec 31, 2023 | 88.29% |
| Sep 30, 2023 | 91.03% |
| Jun 30, 2023 | 93.83% |
| Mar 31, 2023 | 97.63% |
| Dec 31, 2022 | 250.42% |
| Sep 30, 2022 | 95.81% |
| Jun 30, 2022 | 96.07% |
| Mar 31, 2022 | 97.11% |
| Dec 31, 2021 | 107.40% |
| Sep 30, 2021 | 90.84% |
| Jun 30, 2021 | 95.94% |
| Mar 31, 2021 | 96.21% |
| Dec 31, 2020 | 83.08% |
| Sep 30, 2020 | 96.82% |
| Jun 30, 2020 | 93.44% |
| Mar 31, 2020 | 96.44% |
| Dec 31, 2019 | 104.94% |
| Sep 30, 2019 | 93.85% |
| Jun 30, 2019 | 96.28% |
| Mar 31, 2019 | 91.58% |
| Dec 31, 2018 | 103.17% |
| Sep 30, 2018 | 89.03% |
| Jun 30, 2018 | 89.17% |
| Mar 31, 2018 | 91.57% |
| Dec 31, 2017 | 104.41% |
| Sep 30, 2017 | 90.60% |
| Jun 30, 2017 | 95.64% |
| Mar 31, 2017 | 96.58% |
| Dec 31, 2016 | 93.51% |
| Sep 30, 2016 | 88.95% |
| Jun 30, 2016 | 96.46% |
| Mar 31, 2016 | 92.55% |
| Dec 31, 2015 | 105.51% |
| Sep 30, 2015 | 88.83% |
| Jun 30, 2015 | 93.58% |
| Mar 31, 2015 | 66.63% |
| Dec 31, 2014 | 160.59% |
| Sep 30, 2014 | 87.00% |
| Jun 30, 2014 | 91.78% |
| Mar 31, 2014 | 82.92% |
| Dec 31, 2013 | 159.69% |
| Sep 30, 2013 | 85.29% |
| Jun 30, 2013 | 95.45% |
| Mar 31, 2013 | 95.07% |
| Dec 31, 2012 | 89.18% |
| Sep 30, 2012 | 74.35% |
| Jun 30, 2012 | 87.00% |
| Mar 31, 2012 | 75.15% |
| Dec 31, 2011 | 125.29% |
| Sep 30, 2011 | 89.00% |
| Jun 30, 2011 | 93.68% |
| Mar 31, 2011 | 92.67% |
| Dec 31, 2010 | 96.41% |
| Sep 30, 2010 | 90.58% |
| Jun 30, 2010 | 90.03% |