American States Water Company (AWR) - Net Assets

Latest as of March 2026: $1.06 Billion USD

Based on the latest financial reports, American States Water Company (AWR) has net assets worth $1.06 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.73 Billion) and total liabilities ($1.67 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. Check AWR tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets $1.06 Billion
% of Total Assets 38.91%
Annual Growth Rate 7.2%
5-Year Change 52.43%
10-Year Change 28.25%
Growth Volatility 28.73

American States Water Company - Net Assets Trend (1994–2025)

This chart illustrates how American States Water Company's net assets have evolved over time, based on quarterly financial data. See American States Water Company (AWR) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for American States Water Company (1994–2025)

The table below shows the annual net assets of American States Water Company from 1994 to 2025. For live valuation and market cap data, see American States Water Company stock valuation.

Year Net Assets Change
2025-12-31 $1.05 Billion +13.64%
2024-12-31 $920.05 Million +18.55%
2023-12-31 $776.11 Million +9.38%
2022-12-31 $709.55 Million +3.44%
2021-12-31 $685.95 Million +6.90%
2020-12-31 $641.67 Million -27.29%
2019-12-31 $882.53 Million +5.15%
2018-12-31 $839.31 Million +58.38%
2017-12-31 $529.95 Million -35.00%
2016-12-31 $815.28 Million +3.61%
2015-12-31 $786.85 Million -5.50%
2014-12-31 $832.60 Million +69.09%
2013-12-31 $492.40 Million -37.44%
2012-12-31 $787.04 Million +92.59%
2011-12-31 $408.67 Million +8.24%
2010-12-31 $377.54 Million -43.25%
2009-12-31 $665.30 Million +60.05%
2008-12-31 $415.67 Million +37.58%
2007-12-31 $302.13 Million +6.49%
2006-12-31 $283.72 Million +7.43%
2005-12-31 $264.09 Million +5.02%
2004-12-31 $251.47 Million +18.34%
2003-12-31 $212.49 Million -0.37%
2002-12-31 $213.28 Million +5.66%
2001-12-31 $201.86 Million +3.71%
2000-12-31 $194.64 Million +21.05%
1999-12-31 $160.80 Million +2.88%
1998-12-31 $156.30 Million +2.09%
1997-12-31 $153.10 Million +2.82%
1996-12-31 $148.90 Million +20.37%
1995-12-31 $123.70 Million +2.06%
1994-12-31 $121.20 Million --

Equity Component Analysis

This analysis shows how different components contribute to American States Water Company'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 1291.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings $620.43 Million 59.34%
Common Stock $425.15 Million 40.66%
Total Equity $1.05 Billion 100.00%

American States Water Company Competitors by Market Cap

The table below lists competitors of American States Water Company ranked by their market capitalization.

Company Market Cap
Inter Cars S.A.
WAR:CAR
 $3.02 Billion
Palomar Holdings Inc
NASDAQ:PLMR
 $3.03 Billion
KAR Auction Services Inc
NYSE:KAR
 $3.03 Billion
Becle S.A.B. de C.V
MX:CUERVO
 $3.03 Billion
Inner Mongolia First Machinery Group Co Ltd
SHG:600967
 $3.02 Billion
OceanaGold Corporation
F:RQQ
 $3.02 Billion
Aperam SA
MC:APAM
 $3.02 Billion
Chengdu Xingrong Investment Co Ltd
SHE:000598
 $3.02 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in American States Water Company's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 920,051,000 to 1,045,580,999, a change of 125,529,999 (13.6%).
  • Net income of 130,442,000 contributed positively to equity growth.
  • Dividend payments of 74,658,000 reduced retained earnings.
  • Share repurchases of 67,061,000 reduced equity.
  • New share issuances of 67,061,000 increased equity.
  • Other factors increased equity by 69,745,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $130.44 Million +12.48%
Dividends Paid $74.66 Million -7.14%
Share Repurchases $67.06 Million -6.41%
Share Issuances $67.06 Million +6.41%
Other Changes $69.75 Million +6.67%
Total Change $- 13.64%

Book Value vs Market Value Analysis

This analysis compares American States Water Company'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: 2.88x
  • 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 15.11x to 2.88x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 $5.15 $77.85 x
1995-12-31 $5.26 $77.85 x
1996-12-31 $5.59 $77.85 x
1997-12-31 $5.70 $77.85 x
1998-12-31 $5.82 $77.85 x
1999-12-31 $3.99 $77.85 x
2000-12-31 $6.92 $77.85 x
2001-12-31 $6.62 $77.85 x
2002-12-31 $7.04 $77.85 x
2003-12-31 $6.98 $77.85 x
2004-12-31 $8.03 $77.85 x
2005-12-31 $7.86 $77.85 x
2006-12-31 $8.30 $77.85 x
2007-12-31 $8.79 $77.85 x
2008-12-31 $9.33 $77.85 x
2009-12-31 $18.29 $77.85 x
2010-12-31 $10.08 $77.85 x
2011-12-31 $10.85 $77.85 x
2012-12-31 $20.57 $77.85 x
2013-12-31 $12.67 $77.85 x
2014-12-31 $21.41 $77.85 x
2015-12-31 $21.04 $77.85 x
2016-12-31 $22.18 $77.85 x
2017-12-31 $14.38 $77.85 x
2018-12-31 $22.72 $77.85 x
2019-12-31 $23.88 $77.85 x
2020-12-31 $17.34 $77.85 x
2021-12-31 $18.53 $77.85 x
2022-12-31 $19.16 $77.85 x
2023-12-31 $20.93 $77.85 x
2024-12-31 $24.48 $77.85 x
2025-12-31 $27.04 $77.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently American States Water Company 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): 12.48%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 19.82%
  • • Asset Turnover: 0.24x
  • • Equity Multiplier: 2.60x
  • Recent ROE (12.48%) is above the historical average (9.67%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 9.32% 9.21% 0.32x 3.17x $-820.00K
1995 9.86% 9.40% 0.32x 3.28x $-170.00K
1996 9.07% 8.91% 0.35x 2.89x $-1.39 Million
1997 9.21% 9.17% 0.34x 2.99x $-1.21 Million
1998 9.34% 9.86% 0.31x 3.10x $-1.03 Million
1999 10.01% 9.28% 0.33x 3.32x $20.00K
2000 9.29% 9.83% 0.30x 3.17x $-1.38 Million
2001 10.13% 10.35% 0.29x 3.39x $260.80K
2002 9.54% 9.72% 0.30x 3.29x $-988.90K
2003 5.60% 5.59% 0.28x 3.56x $-9.36 Million
2004 7.37% 8.13% 0.28x 3.22x $-6.61 Million
2005 10.14% 11.33% 0.27x 3.32x $356.60K
2006 8.13% 8.59% 0.29x 3.30x $-5.29 Million
2007 9.28% 9.30% 0.31x 3.19x $-2.18 Million
2008 6.78% 6.90% 0.30x 3.27x $-10.45 Million
2009 4.44% 8.18% 0.32x 1.67x $-37.00 Million
2010 8.79% 8.32% 0.33x 3.16x $-4.56 Million
2011 11.22% 10.94% 0.34x 3.03x $4.99 Million
2012 6.88% 11.60% 0.36x 1.63x $-24.56 Million
2013 12.73% 13.28% 0.36x 2.66x $13.45 Million
2014 7.33% 13.11% 0.34x 1.66x $-22.20 Million
2015 7.64% 13.19% 0.34x 1.70x $-18.66 Million
2016 7.33% 13.70% 0.30x 1.80x $-21.78 Million
2017 13.09% 15.74% 0.31x 2.67x $16.37 Million
2018 7.61% 14.62% 0.29x 1.79x $-20.06 Million
2019 9.56% 17.80% 0.29x 1.86x $-3.91 Million
2020 13.47% 17.70% 0.27x 2.79x $22.26 Million
2021 13.75% 18.91% 0.26x 2.77x $25.75 Million
2022 11.05% 15.95% 0.24x 2.87x $7.44 Million
2023 16.10% 20.97% 0.27x 2.89x $47.31 Million
2024 12.96% 20.03% 0.24x 2.72x $27.26 Million
2025 12.48% 19.82% 0.24x 2.60x $25.88 Million

Industry Comparison

This section compares American States Water Company's net assets metrics with peer companies in the Utilities - Regulated Water industry.

Industry Context

  • Industry: Utilities - Regulated Water
  • Average net assets among peers: $172,178,743
  • Average return on equity (ROE) among peers: 5.78%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
American States Water Company (AWR) $1.06 Billion 9.32% 1.57x $3.02 Billion
Aris Water Solutions Inc (ARIS) $-2.35 Million 0.00% 0.00x $567.34 Million
Artesian Resources Corporation (ARTNA) $51.28 Million 8.13% 2.57x $308.02 Million
American Water Works (AWK) $569.80 Million 10.02% 2.67x $25.07 Billion
Cadiz Inc (CDZI) $49.67 Million -17.30% 3.31x $316.39 Million
Consolidated Water Co Ltd (CWCO) $45.05 Million 9.27% 0.52x $476.19 Million
California Water Service Group (CWT) $598.76 Million 7.89% 2.27x $2.71 Billion
Global Water Resources Inc (GWRS) $47.60 Million 12.16% 7.51x $197.80 Million
H2O America (HTO) $133.60 Million 11.38% 1.42x $1.74 Billion
Middlesex Water Company (MSEX) $56.20 Million 10.50% 1.84x $935.05 Million

About American States Water Company

NYSE:AWR USA Utilities - Regulated Water
Market Cap
$3.05 Billion
Market Cap Rank
#4985 Global
#1634 in USA
Share Price
$77.85
Change (1 day)
+0.32%
52-Week Range
$70.10 - $80.80
All Time High
$97.51
Categories
Companies in USA Utilities - Regulated Water
About

American States Water Company, through its subsidiaries, engages in the provision of water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. It provides water service t… Read more