American States Water (AWR) Net Margin (2010 - 2025)

American States Water (AWR) posted quarterly Net Margin of 9.45% for Q4 2025, up 9081.0% year-over-year from 0.1% in Q4 2024, and down 69.62% quarter-over-quarter from 31.11% in Q3 2025.

American States Water (AWR) Net Margin (2010 - 2025) Analysis & Trends

American States Water (AWR) has reported Net Margin for 16 consecutive years, with 9.45% the latest figure, recorded in Q4 2025.

  • In Q4 2025, Net Margin rose 9081.0% year-over-year to 9.45%; the TTM figure through Dec 2025 stood at 18.6% (down 1703.0% YoY), while the FY2025 annual figure was 19.82%, down 875.0% from the prior year.
  • Net Margin declined to 9.45% in Q4 2025 per AWR's latest filing, from 31.11% in the prior quarter.
  • Across five years, Net Margin topped out at 31.11% in Q3 2025 and bottomed at 81.36% in Q4 2024.
  • Historically, Net Margin has averaged 15.06% across 5 years, with a median of 21.06% in 2023.
  • Annual changes were most pronounced in 2024 — Net Margin sank 9768 bps — and 2025, when it surged 9081 bps.
  • American States Water's Net Margin stood at 8.87% in 2021, then tumbled by 182 bps to 7.3% in 2022, then soared by 324 bps to 16.32% in 2023, then tumbled by 599 bps to 81.36% in 2024, then jumped by 112 bps to 9.45% in 2025.
  • Business Quant data shows AWR's Net Margin at 9.45% in Q4 2025, 31.11% in Q3 2025, and 20.66% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 American Water Works Company 26.58 Bn 26.39 Bn - 23.25%
2 Essential Utilities 11.32 Bn 11.31 Bn - 19.92%
3 American States Water 3.38 Bn 3.36 Bn 278.03 Mn 9.45%
4 California Water Service 3.02 Bn 2.93 Bn 263.45 Mn 11.52%
5 H2O America 2.61 Bn 2.50 Bn 197.11 Mn 12.62%
6 Middlesex Water 1.09 Bn 1.09 Bn - 26.18%
7 York Water 516.69 Mn 516.13 Mn - 32.38%
8 Consolidated Water 516.64 Mn 390.31 Mn 10.92 Mn -0.14%
9 Artesian Resources 361.34 Mn 357.08 Mn 26.56 Mn 7.16%
10 Pure Cycle 274.79 Mn 266.35 Mn 4.29 Mn 35.86%

Historic Data

Download Data
DateValue
Dec 31, 2025 9.45%
Sep 30, 2025 31.11%
Jun 30, 2025 20.66%
Mar 31, 2025 26.32%
Dec 31, 2024 -81.36%
Sep 30, 2024 28.89%
Jun 30, 2024 28.86%
Mar 31, 2024 17.11%
Dec 31, 2023 16.32%
Sep 30, 2023 20.81%
Jun 30, 2023 24.47%
Mar 31, 2023 21.31%
Dec 31, 2022 -7.30%
Sep 30, 2022 25.45%
Jun 30, 2022 21.96%
Mar 31, 2022 13.04%
Dec 31, 2021 8.87%
Sep 30, 2021 20.59%
Jun 30, 2021 29.00%
Mar 31, 2021 25.68%