American Water Works (AWK) stock
Utilities · Water Utilities
American Water Works (AWK) is a Water Utilities company in the Utilities sector, headquartered in Camden, New Jersey. As of October 23, 2026, AWK closed at $142.75, a market capitalization of $28.37 billion, the 330th largest company in the S&P 500. Over the last twelve months it generated $5.28 billion in revenue (+6% year over year) and -$1.22 billion in free cash flow. The stock trades at 24.7x trailing earnings and 21.7x forward earnings.
- 1-year total return: +2.9% (dividends reinvested)
- 5-year return: -2.0% a year
- 52-week range: $120.57 – $144.14
- Gross margin 61.5%, operating margin 40.7%
- Dividend yield: 2.51%, 17 straight years of increases
- FI Handbook report card: C- across 10 metrics
- 18th largest of 31 Utilities stocks in the S&P 500
AWK price chart
1Y price change: +0.1% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| AWK | +7.3% | +11.7% | +2.9% | +10.0% | -2.0% | +9.3% | +13.8% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2008.
AWK key statistics
- Market cap
- $28.4B
- #330 in S&P 500
- P/E (TTM)
- 24.7x
- Forward P/E
- 21.7x
- EPS (TTM)
- $5.77
- Revenue (TTM)
- $5.3B
- +6%
- Free cash flow
- -$1.2B
- Gross margin
- 61.5%
- Operating margin
- 40.7%
- Return on equity
- 10.1%
- Dividend yield
- 2.51%
- 52-week range
- $120.57 – $144.14
- Beta
- 0.57
- Price / sales
- 5.4x
- EV / EBITDA
- 15.2x
- Debt / equity
- 1.38x
- Employees
- 7,000
AWK report card
C-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth6.2%C
- Gross margin61.5%A
- Operating margin40.7%A
- FCF margin-23.1%F
- Return on equity10.1%C
- Net debt / EBITDA5.4xF
- Forward P/E21.7xC
- PEG ratio2.4xD
- Shareholder yield2.5%C
- Share count change / yr1.4%D
American Water Works Company, I financials
Revenue went from $2.9B in fiscal 2013 to $5.1B in fiscal 2025, growing 4.9% a year.
| Fiscal year | 2013 | 2014 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.9B | $3.0B | $3.4B | $3.6B | $3.7B | $3.9B | $3.8B | $4.2B | $4.7B | $5.1B |
| Operating income | $948.0M | $1.0B | $1.1B | $1.2B | $1.2B | $1.2B | $1.3B | $1.5B | $1.7B | $1.9B |
| Net income | $369.0M | $423.0M | $567.0M | $621.0M | $709.0M | $1.3B | $820.0M | $944.0M | $1.1B | $1.1B |
| EPS (diluted) | $2.06 | $2.35 | $3.15 | $3.43 | $3.91 | $6.95 | $4.51 | $4.90 | $5.39 | $5.69 |
| Free cash flow | -$84.3M | $141.0M | -$200.0M | -$271.0M | -$396.0M | -$323.0M | -$1.2B | -$701.0M | -$811.0M | -$1.1B |
| Buybacks | — | — | $45.0M | $36.0M | $0 | $0 | — | — | — | — |
| Dividends paid | $149.0M | $216.0M | $319.0M | $353.0M | $389.0M | $428.0M | $467.0M | $532.0M | $585.0M | $633.0M |
| Diluted shares | 179.0M | 180.0M | 180.0M | 181.0M | 182.0M | 182.0M | 182.0M | 193.0M | 195.0M | 195.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into AWK?
A reverse DCF asks what growth the current price requires. With an enterprise value of $44.2B and -$1.2B of trailing free cash flow, American Water Works Company, I needs to grow free cash flow at a rate outside our model for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 25.1x vs. median 26.7x (10th–90th percentile 20.5x–40.5x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
AWK dividend
- Dividend yield
- 2.51%
- Annual dividend
- $3.58
- Years of increases
- 17
- 5-yr dividend growth
- 8.6%
- per year
- Payout ratio
- 59%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
AWK analyst price targets
11 analysts' average 12-month target is $140.55 (-2% vs. $142.75). Targets range from $127.00 to $155.00. 23% rate it a buy.
AWK earnings
Next report: October 28, 2026. American Water Works Company, I has beaten EPS estimates 1 quarters in a row. Last quarter's revenue was $1.4B (+6% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 29, 2026 | $1.55 | $1.61 | +4.0% |
| Apr 29, 2026 | $1.09 | $1.01 | -7.4% |
| Feb 18, 2026 | $1.27 | $1.24 | -2.3% |
| Oct 29, 2025 | $1.88 | $1.94 | +3.0% |
| Jul 30, 2025 | $1.53 | $1.48 | -3.1% |
| Apr 30, 2025 | $1.07 | $1.05 | -1.5% |
| Feb 19, 2025 | $1.12 | $1.22 | +9.2% |
| Oct 30, 2024 | $1.84 | $1.80 | -2.1% |
Stocks like AWK
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 NEE NextEra Energy | +0.24% | +1% | $172.2B | 14.8x | Compare |
 SO Southern | -0.99% | -0% | $106.9B | 22.4x | Compare |
 DUK Duke Energy Corporation (Holdin | -0.33% | +2% | $97.4B | 18.8x | Compare |
 CEG Constellation Energy Corporatio | -0.69% | -30% | $89.8B | 24.8x | Compare |
 AEP American Electric Power | -0.73% | +15% | $70.6B | 22.5x | Compare |
 D Dominion Energy | -0.31% | +12% | $57.3B | 22.6x | Compare |
 SRE DBA Sempra | -0.84% | -6% | $55.0B | 24.3x | Compare |
 ETR Entergy | -0.79% | +15% | $51.3B | 27.5x | Compare |
AWK news
- American Water Employees Contribute Nearly 2,400 Volunteer Hours During Companywide AmerICANs in Action! Month of Service · Oct 22, 2026
- What You Need to Know Ahead of American Water Works’ Earnings Release · Oct 22, 2026
- Can AWK's Infrastructure Investments Support Earnings Growth? · Oct 21, 2026
- Indiana American Water Proudly Recognizes $25,000 American Water Charitable Foundation STEM Education Grant to Girls Inc. of Shelbyville · Oct 20, 2026
- American Water Works (AWK) Stock May Be 16% Overvalued As Black Mountain Deal Closes · Oct 14, 2026
AWK stock FAQ
What is AWK's market cap?
American Water Works's market capitalization is $28.37 billion as of October 23, 2026, ranking 330th in the S&P 500.
What is AWK's P/E ratio?
AWK trades at a trailing price-to-earnings ratio of 24.7x and a forward P/E of 21.7x. Its median P/E over the period we track is 26.7x.
Does AWK pay a dividend?
Yes. American Water Works pays $3.58 per share a year, a 2.51% yield. It has raised its dividend 17 years in a row. Dividends grew 8.6% a year over the last five years.
How much has AWK stock returned?
Including reinvested dividends, AWK returned +2.9% over one year, -2.0% a year over five years, +9.3% a year over ten years through October 23, 2026.
What is the AWK price target?
11 analysts cover AWK with an average 12-month price target of $140.55, -2% from the current price. 23% of them rate it a buy.
When does AWK report earnings?
American Water Works is expected to report earnings on October 28, 2026. It has beaten EPS estimates 1 quarters in a row.
How many employees does American Water Works have?
American Water Works has about 7,000 full-time employees, or $754,857 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology