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| Date | Value |
|---|---|
| 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% |