American Water Works
American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services on military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. The company also operates approximately 80 surface … Read more
American Water Works (AWK) - Net Assets
Latest net assets as of September 2025: $10.91 Billion USD
Based on the latest financial reports, American Water Works (AWK) has net assets worth $10.91 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($34.75 Billion) and total liabilities ($23.84 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.91 Billion |
| % of Total Assets | 31.39% |
| Annual Growth Rate | 8.95% |
| 5-Year Change | 60.09% |
| 10-Year Change | 104.63% |
| Growth Volatility | 19.1 |
American Water Works - Net Assets Trend (1985–2024)
This chart illustrates how American Water Works's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for American Water Works (1985–2024)
The table below shows the annual net assets of American Water Works from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.33 Billion | +5.46% |
| 2023-12-31 | $9.80 Billion | +27.35% |
| 2022-12-31 | $7.69 Billion | +5.41% |
| 2021-12-31 | $7.30 Billion | +13.08% |
| 2020-12-31 | $6.45 Billion | +5.44% |
| 2019-12-31 | $6.12 Billion | +4.38% |
| 2018-12-31 | $5.86 Billion | +8.90% |
| 2017-12-31 | $5.38 Billion | +3.20% |
| 2016-12-31 | $5.22 Billion | +3.35% |
| 2015-12-31 | $5.05 Billion | +2.71% |
| 2014-12-31 | $4.92 Billion | +3.97% |
| 2013-12-31 | $4.73 Billion | +6.36% |
| 2012-12-31 | $4.44 Billion | +4.83% |
| 2011-12-31 | $4.24 Billion | +2.62% |
| 2010-12-31 | $4.13 Billion | +3.17% |
| 2009-12-31 | $4.01 Billion | -3.03% |
| 2008-12-31 | $4.13 Billion | -9.63% |
| 2007-12-31 | $4.57 Billion | -18.32% |
| 2006-12-31 | $5.60 Billion | +99.21% |
| 2005-12-31 | $2.81 Billion | +55.43% |
| 2001-12-31 | $1.81 Billion | +4.94% |
| 2000-12-31 | $1.72 Billion | -0.36% |
| 1999-12-31 | $1.73 Billion | +29.36% |
| 1998-12-31 | $1.34 Billion | +7.76% |
| 1997-12-31 | $1.24 Billion | +7.19% |
| 1996-12-31 | $1.16 Billion | +25.86% |
| 1995-12-31 | $919.20 Million | +10.07% |
| 1994-12-31 | $835.10 Million | +15.95% |
| 1993-12-31 | $720.20 Million | +0.15% |
| 1992-12-31 | $719.10 Million | +6.47% |
| 1991-12-31 | $675.40 Million | +18.53% |
| 1990-12-31 | $569.80 Million | +5.93% |
| 1989-12-31 | $537.90 Million | +16.33% |
| 1988-12-31 | $462.40 Million | +8.32% |
| 1987-12-31 | $426.90 Million | +9.66% |
| 1986-12-31 | $389.30 Million | +6.80% |
| 1985-12-31 | $364.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Water Works's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 588.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.11 Billion | 20.44% |
| Common Stock | $2.00 Million | 0.02% |
| Other Comprehensive Income | $12.00 Million | 0.12% |
| Other Components | $8.21 Billion | 79.42% |
| Total Equity | $10.33 Billion | 100.00% |
American Water Works Competitors by Market Cap
The table below lists competitors of American Water Works ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Minsh
PINK:CMAKY
|
$26.09 Billion |
|
Bridgestone Corporation
PINK:BRDCF
|
$26.13 Billion |
|
MS&AD Insurance Group Holdings Inc
PINK:MSADF
|
$26.16 Billion |
|
Fairfax Financial Holdings Ltd
PINK:FRFHF
|
$26.16 Billion |
|
Sumitomo Corporation
PINK:SSUMF
|
$26.02 Billion |
|
Fidelity National Information Services Inc
NYSE:FIS
|
$25.95 Billion |
|
Resona Holdings Inc
NYSE:RSHGY
|
$25.95 Billion |
|
Société Générale Société anonyme
PINK:SCGLF
|
$25.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Water Works's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,797,000,000 to 10,332,000,000, a change of 535,000,000 (5.5%).
- Net income of 1,051,000,000 contributed positively to equity growth.
- Dividend payments of 585,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 38,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.05 Billion | +10.17% |
| Dividends Paid | $585.00 Million | -5.66% |
| Other Comprehensive Income | $38.00 Million | +0.37% |
| Other Changes | $31.00 Million | +0.3% |
| Total Change | $- | 5.46% |
Book Value vs Market Value Analysis
This analysis compares American Water Works's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.61x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 22.90x to 2.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $6.04 | $138.23 | x |
| 1986-12-31 | $6.38 | $138.23 | x |
| 1987-12-31 | $7.05 | $138.23 | x |
| 1988-12-31 | $7.58 | $138.23 | x |
| 1989-12-31 | $8.81 | $138.23 | x |
| 1990-12-31 | $9.29 | $138.23 | x |
| 1991-12-31 | $11.02 | $138.23 | x |
| 1992-12-31 | $11.65 | $138.23 | x |
| 1993-12-31 | $11.60 | $138.23 | x |
| 1994-12-31 | $13.08 | $138.23 | x |
| 1995-12-31 | $13.77 | $138.23 | x |
| 1996-12-31 | $15.51 | $138.23 | x |
| 1997-12-31 | $15.70 | $138.23 | x |
| 1998-12-31 | $14.03 | $138.23 | x |
| 1999-12-31 | $17.90 | $138.23 | x |
| 2000-12-31 | $17.58 | $138.23 | x |
| 2001-12-31 | $18.17 | $138.23 | x |
| 2005-12-31 | $14.87 | $138.23 | x |
| 2006-12-31 | $34.98 | $138.23 | x |
| 2007-12-31 | $28.57 | $138.23 | x |
| 2008-12-31 | $25.82 | $138.23 | x |
| 2009-12-31 | $23.82 | $138.23 | x |
| 2010-12-31 | $23.60 | $138.23 | x |
| 2011-12-31 | $24.02 | $138.23 | x |
| 2012-12-31 | $25.02 | $138.23 | x |
| 2013-12-31 | $26.41 | $138.23 | x |
| 2014-12-31 | $27.34 | $138.23 | x |
| 2015-12-31 | $28.05 | $138.23 | x |
| 2016-12-31 | $29.15 | $138.23 | x |
| 2017-12-31 | $30.08 | $138.23 | x |
| 2018-12-31 | $32.58 | $138.23 | x |
| 2019-12-31 | $33.82 | $138.23 | x |
| 2020-12-31 | $35.46 | $138.23 | x |
| 2021-12-31 | $40.10 | $138.23 | x |
| 2022-12-31 | $42.27 | $138.23 | x |
| 2023-12-31 | $50.76 | $138.23 | x |
| 2024-12-31 | $52.98 | $138.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Water Works utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.44%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 3.18x
- Recent ROE (10.17%) is above the historical average (7.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 12.87% | 10.91% | 0.31x | 3.79x | $10.45 Million |
| 1986 | 14.33% | 11.96% | 0.31x | 3.85x | $16.87 Million |
| 1987 | 13.12% | 11.58% | 0.30x | 3.78x | $13.31 Million |
| 1988 | 12.31% | 11.12% | 0.29x | 3.76x | $10.66 Million |
| 1989 | 8.98% | 9.16% | 0.28x | 3.56x | $-5.49 Million |
| 1990 | 10.02% | 10.01% | 0.27x | 3.67x | $120.00K |
| 1991 | 10.90% | 11.63% | 0.28x | 3.32x | $6.06 Million |
| 1992 | 9.48% | 10.37% | 0.27x | 3.36x | $-3.71 Million |
| 1993 | 10.47% | 10.51% | 0.24x | 4.16x | $3.38 Million |
| 1994 | 9.42% | 10.22% | 0.24x | 3.84x | $-4.81 Million |
| 1995 | 10.02% | 11.47% | 0.24x | 3.70x | $180.00K |
| 1996 | 8.79% | 11.37% | 0.22x | 3.49x | $-13.99 Million |
| 1997 | 9.60% | 12.48% | 0.22x | 3.48x | $-4.91 Million |
| 1998 | 9.80% | 12.87% | 0.22x | 3.52x | $-2.63 Million |
| 1999 | 8.04% | 11.02% | 0.21x | 3.44x | $-33.91 Million |
| 2000 | 9.35% | 11.93% | 0.22x | 3.56x | $-11.18 Million |
| 2001 | 8.93% | 11.22% | 0.22x | 3.66x | $-19.26 Million |
| 2005 | -11.57% | -15.21% | 0.18x | 4.22x | $-605.97 Million |
| 2006 | -2.90% | -7.75% | 0.16x | 2.28x | $-721.89 Million |
| 2007 | -7.50% | -15.48% | 0.17x | 2.83x | $-799.92 Million |
| 2008 | -13.62% | -24.07% | 0.18x | 3.20x | $-975.49 Million |
| 2009 | -5.82% | -9.55% | 0.18x | 3.36x | $-633.62 Million |
| 2010 | 6.48% | 9.88% | 0.19x | 3.41x | $-145.40 Million |
| 2011 | 7.30% | 11.61% | 0.18x | 3.48x | $-114.43 Million |
| 2012 | 8.06% | 12.45% | 0.20x | 3.31x | $-86.43 Million |
| 2013 | 7.81% | 12.73% | 0.19x | 3.19x | $-103.52 Million |
| 2014 | 8.61% | 14.05% | 0.19x | 3.28x | $-68.45 Million |
| 2015 | 9.43% | 15.07% | 0.18x | 3.41x | $-28.90 Million |
| 2016 | 8.97% | 14.17% | 0.18x | 3.54x | $-53.80 Million |
| 2017 | 7.91% | 12.69% | 0.17x | 3.62x | $-112.50 Million |
| 2018 | 9.67% | 16.48% | 0.16x | 3.62x | $-19.40 Million |
| 2019 | 10.15% | 17.20% | 0.16x | 3.71x | $8.90 Million |
| 2020 | 10.99% | 18.77% | 0.15x | 3.84x | $63.60 Million |
| 2021 | 17.31% | 32.14% | 0.15x | 3.57x | $533.20 Million |
| 2022 | 10.66% | 21.62% | 0.14x | 3.61x | $50.70 Million |
| 2023 | 9.64% | 22.30% | 0.14x | 3.09x | $-35.70 Million |
| 2024 | 10.17% | 22.44% | 0.14x | 3.18x | $17.80 Million |
Industry Comparison
This section compares American Water Works's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $3,543,536,537
- Average return on equity (ROE) among peers: -41.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Water Works (AWK) | $10.91 Billion | 12.87% | 2.19x | $26.06 Billion |
| American Energy Partners Inc (AEPT) | $2.39 Million | -209.56% | 6.60x | $150.58K |
| Aris Water Solutions Inc (ARIS) | $16.05 Million | -4.69% | 1.06x | $577.25 Million |
| Artesian Resources Corporation (ARTNA) | $139.02 Million | 9.32% | 2.24x | $295.24 Million |
| SIIC Environment Holdings Ltd (AWAEF) | $15.29 Billion | 3.95% | 1.79x | $59.96 Million |
| Beijing Enterprises Water Group Limited (BJWTY) | $15.92 Billion | 6.81% | 1.77x | $3.33 Billion |
| Cadiz Inc (CDZI) | $18.97 Million | -121.40% | 1.43x | $284.80 Million |
| Clean Teq Water Ltd (CNQQF) | $3.98 Million | -76.35% | 2.11x | $9.48 Million |
| Consolidated Water Co Ltd (CWCO) | $107.34 Million | 7.01% | 0.29x | $468.34 Million |
| California Water Service Group (CWT) | $389.18 Million | 8.01% | 2.04x | $2.62 Billion |