Growth Metrics

American States Water (AWR) Tax Rate (2010 - 2025)

American States Water (AWR) reported Tax Rate of 21.2% for Q4 2025, up 1353.0% year-over-year from 1.46% in Q4 2024, and down 11.26% on a QoQ basis from 23.89% in Q3 2025.

American States Water (AWR) has 16 years of Tax Rate data on file, last reported at 21.2% in Q4 2025.

  • Quarterly Tax Rate rose 1353.0% year-over-year to 21.2% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 23.18% (up 299.0% YoY) and the FY2025 annual result came in at 23.18%, up 299.0% from the prior year.
  • Tax Rate eased to 21.2% in Q4 2025 per AWR's latest filing, from 23.89% in the prior quarter.
  • Across five years, Tax Rate topped out at 28.38% in Q4 2023 and bottomed at 7.67% in Q4 2024.
  • The 5-year median for Tax Rate is 23.85% (2023), against an average of 23.06%.
  • The widest annual swing landed in 2024, when Tax Rate tumbled 2071 bps; it then surged 1353 bps in 2025.
  • Tracing AWR's Tax Rate over 5 years: stood at 26.05% in 2021, then decreased by 23 bps to 19.93% in 2022, then jumped by 42 bps to 28.38% in 2023, then slumped by 73 bps to 7.67% in 2024, then surged by 176 bps to 21.2% in 2025.
  • Per Business Quant, the three latest AWR Tax Rate figures stand at 21.2% (Q4 2025), 23.89% (Q3 2025), and 23.3% (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 American Water Works Company 24.16 Bn 24.02 Bn 714.00 Mn 24.32
2 Aris Mining 20.33 Bn 19.86 Bn 233.28 Mn -
3 Essential Utilities 10.48 Bn 10.40 Bn 685.96 Mn 2.77
4 American States Water 2.94 Bn 2.93 Bn 104.19 Mn 21.20
5 California Water Service 2.58 Bn 2.48 Bn 183.34 Mn -95.60
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn 15.17
7 Middlesex Water 959.61 Mn 957.57 Mn 25.70 Mn 10.81
8 Consolidated Water 465.28 Mn 344.14 Mn 10.92 Mn 4.85
9 York Water 430.12 Mn 430.12 Mn 13.98 Mn -21.29
10 Artesian Resources 332.86 Mn 328.60 Mn 26.56 Mn 50.86

Historic Data

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DateValue
Dec 31, 2025 21.20
Dec 31, 2025 21.20
Sep 30, 2025 23.89
Sep 30, 2025 23.89
Jun 30, 2025 23.30
Jun 30, 2025 23.30
Mar 31, 2025 23.97
Mar 31, 2025 23.97
Dec 31, 2024 7.67
Dec 31, 2024 7.67
Sep 30, 2024 21.91
Sep 30, 2024 21.91
Jun 30, 2024 24.53
Jun 30, 2024 24.53
Mar 31, 2024 24.22
Mar 31, 2024 24.22
Dec 31, 2023 28.38
Dec 31, 2023 28.38
Sep 30, 2023 23.22
Sep 30, 2023 23.22
Jun 30, 2023 25.53
Jun 30, 2023 25.53
Mar 31, 2023 23.81
Mar 31, 2023 23.81
Dec 31, 2022 19.93
Dec 31, 2022 19.93
Sep 30, 2022 24.58
Sep 30, 2022 24.58
Jun 30, 2022 23.72
Jun 30, 2022 23.72
Mar 31, 2022 23.95
Mar 31, 2022 23.95
Dec 31, 2021 26.05
Dec 31, 2021 26.05
Sep 30, 2021 25.97
Sep 30, 2021 25.97
Jun 30, 2021 21.92
Jun 30, 2021 21.92
Mar 31, 2021 23.49
Mar 31, 2021 23.49
Dec 31, 2020 25.64
Dec 31, 2020 25.64
Sep 30, 2020 25.43
Sep 30, 2020 25.43
Jun 30, 2020 24.43
Jun 30, 2020 24.43
Mar 31, 2020 21.70
Mar 31, 2020 21.70
Dec 31, 2019 19.80
Dec 31, 2019 19.80
Sep 30, 2019 25.14
Sep 30, 2019 25.14
Jun 30, 2019 22.62
Jun 30, 2019 22.62
Mar 31, 2019 20.48
Mar 31, 2019 20.48
Dec 31, 2018 23.04
Dec 31, 2018 23.04
Sep 30, 2018 23.21
Sep 30, 2018 23.21
Jun 30, 2018 21.16
Jun 30, 2018 21.16
Mar 31, 2018 19.21
Mar 31, 2018 19.21
Dec 31, 2017 29.19
Dec 31, 2017 29.19
Sep 30, 2017 37.32
Sep 30, 2017 37.32
Jun 30, 2017 38.56
Jun 30, 2017 38.56
Mar 31, 2017 35.05
Mar 31, 2017 35.05
Dec 31, 2016 35.45
Dec 31, 2016 35.45
Sep 30, 2016 37.00
Sep 30, 2016 37.00
Jun 30, 2016 37.53
Jun 30, 2016 37.53
Mar 31, 2016 36.42
Mar 31, 2016 36.42
Dec 31, 2015 33.72
Dec 31, 2015 33.72
Sep 30, 2015 40.58
Sep 30, 2015 40.58
Jun 30, 2015 37.86
Jun 30, 2015 37.86
Mar 31, 2015 39.40
Mar 31, 2015 39.40
Dec 31, 2014 37.05
Dec 31, 2014 37.05
Sep 30, 2014 38.90
Sep 30, 2014 38.90
Jun 30, 2014 40.06
Jun 30, 2014 40.06
Mar 31, 2014 36.58
Mar 31, 2014 36.58
Dec 31, 2013 31.75
Dec 31, 2013 31.75
Sep 30, 2013 32.22
Sep 30, 2013 32.22
Jun 30, 2013 40.17
Jun 30, 2013 40.17
Mar 31, 2013 40.72
Mar 31, 2013 40.72
Dec 31, 2012 37.12
Dec 31, 2012 37.12
Sep 30, 2012 39.99
Sep 30, 2012 39.99
Jun 30, 2012 39.41
Jun 30, 2012 39.41
Mar 31, 2012 42.99
Mar 31, 2012 42.99
Dec 31, 2011 40.19
Dec 31, 2011 40.19
Sep 30, 2011 40.52
Sep 30, 2011 40.52
Jun 30, 2011 42.52
Jun 30, 2011 42.52
Mar 31, 2011 44.22
Mar 31, 2011 44.22
Dec 31, 2010 36.41
Dec 31, 2010 36.41
Sep 30, 2010 50.90
Sep 30, 2010 50.90
Jun 30, 2010 42.29
Jun 30, 2010 42.29