American Water Works ( (AWK) ) has released its Q1 earnings. Here is a breakdown of the information American Water Works presented to its investors.
American Water Works Company, Inc. is the largest regulated water and wastewater utility in the United States, providing essential services to over 14 million people across 14 states and 18 military installations.
In its first quarter of 2025, American Water Works reported a solid financial performance, with earnings per share rising to $1.05 from $0.95 in the same period last year. The company also reaffirmed its earnings per share guidance for 2025, projecting a range between $5.65 and $5.75.
Key highlights from the report include a significant increase in operating revenues, which rose by $121 million compared to the previous year, driven by new rate implementations and capital recovery. Additionally, the company announced an 8.2% increase in its quarterly cash dividend, now set at $0.8275 per share, and successfully issued $800 million in senior notes to support its capital investment plans.
Operating expenses saw a rise of $78 million, primarily due to increased employee-related costs and higher depreciation expenses linked to capital investments. Despite these costs, the company’s net income for the quarter increased to $205 million from $185 million in the previous year, reflecting strong financial management.
Looking ahead, American Water Works remains confident in its strategic approach, focusing on delivering reliable services and maintaining financial growth. The company plans to continue its capital investments, aiming for a total of approximately $3.3 billion in 2025, ensuring the sustainability and expansion of its operations.