American States Water Company ( (AWR) ) has released its Q2 earnings. Here is a breakdown of the information American States Water Company presented to its investors.
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American States Water Company is a utility company providing water and electric services in California and operates under long-term contracts for water and wastewater services on U.S. military bases. The company is primarily involved in the regulated utility sector, with unique operations on military installations through its subsidiary, American States Utility Services.
In its latest earnings report for the quarter ended June 30, 2025, American States Water Company reported a steady financial performance with a slight increase in net income compared to the previous year. The company highlighted its continued expansion efforts, including the acquisition of new water and wastewater system assets in California’s Central Coast region.
Key financial metrics showed an increase in operating revenues to $163.1 million for the quarter, up from $155.3 million in the same period last year. This growth was driven by higher water and electric revenues, although contracted services saw a decrease. Operating income remained stable at $50.9 million, while net income rose to $33.7 million, reflecting the company’s effective cost management and strategic investments.
The company successfully issued $100 million in unsecured private-placement notes and expanded its credit facilities, indicating strong financial positioning and readiness to support future growth initiatives. The management remains optimistic about the company’s prospects, focusing on infrastructure development and regulatory compliance to ensure sustained performance.
Looking ahead, American States Water Company plans to continue its strategic investments in infrastructure and expand its service offerings, particularly in the military services sector, while maintaining a strong financial foundation to support its growth objectives.