
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About
American States Water Company (AWR)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/28/2025: AWR (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $81.5
1 Year Target Price $81.5
1 | Strong Buy |
0 | Buy |
1 | Hold |
1 | Sell |
1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -11.06% | Avg. Invested days 47 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.86B USD | Price to earnings Ratio 22.81 | 1Y Target Price 81.5 |
Price to earnings Ratio 22.81 | 1Y Target Price 81.5 | ||
Volume (30-day avg) 4 | Beta 0.61 | 52 Weeks Range 68.99 - 85.39 | Updated Date 08/29/2025 |
52 Weeks Range 68.99 - 85.39 | Updated Date 08/29/2025 | ||
Dividends yield (FY) 2.48% | Basic EPS (TTM) 3.26 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-08-06 | When - | Estimate 0.91 | Actual 0.87 |
Profitability
Profit Margin 20.26% | Operating Margin (TTM) 31.46% |
Management Effectiveness
Return on Assets (TTM) 4.87% | Return on Equity (TTM) 13.82% |
Valuation
Trailing PE 22.81 | Forward PE 22.83 | Enterprise Value 3793402975 | Price to Sales(TTM) 4.65 |
Enterprise Value 3793402975 | Price to Sales(TTM) 4.65 | ||
Enterprise Value to Revenue 6.16 | Enterprise Value to EBITDA 15.13 | Shares Outstanding 38509000 | Shares Floating 38130494 |
Shares Outstanding 38509000 | Shares Floating 38130494 | ||
Percent Insiders 0.8 | Percent Institutions 82.44 |
Upturn AI SWOT
American States Water Company
Company Overview
History and Background
American States Water Company was founded in 1929. It initially provided water service and has expanded to include electric service and contracted services to military bases. It's grown through acquisitions and organic expansion.
Core Business Areas
- Water Service: Provides regulated water service to approximately 261,000 customers in California.
- Electric Service: Provides regulated electric service to approximately 25,000 customers in California.
- Contracted Services: Provides water and/or wastewater services to military bases throughout the United States.
Leadership and Structure
Robert J. Sprowls is the President and CEO. The company operates with a traditional corporate structure, with various vice presidents overseeing different functional areas.
Top Products and Market Share
Key Offerings
- Regulated Water Service: Provides potable water distribution to residential, commercial, and industrial customers in California. Market share varies by region within California. Competitors include other municipal and private water utilities, and self-supply options like wells.
- Regulated Electric Service: Provides electricity distribution to customers in California. Market share is geographically limited. Competitors include other electric utilities such as Southern California Edison.
- Contracted Water and Wastewater Services: Provides water and wastewater treatment and distribution services to military installations across the US. Competitors include Veolia, Suez, and other government contractors.
Market Dynamics
Industry Overview
The water utility industry is highly regulated and capital-intensive, requiring significant infrastructure investment and subject to stringent environmental standards. The electric utility industry is also highly regulated with increasing focus on renewable energy and grid modernization. The contracted services industry depends on government contracts.
Positioning
American States Water Company is a relatively stable and reliable utility with a strong focus on its regulated businesses. Its contracted services provide diversification and growth opportunities.
Total Addressable Market (TAM)
The TAM for water utilities in the US is estimated to be in the billions of dollars. The TAM for contracted services is also significant, dependent on federal spending. AWR is positioned to capture segments of these markets.
Upturn SWOT Analysis
Strengths
- Stable regulated revenue streams
- Long-term contracts with government entities
- Consistent dividend payments
- Strong credit rating
Weaknesses
- Dependence on regulatory approvals
- Exposure to drought conditions in California
- Capital-intensive business model
- Relatively slow growth in regulated segments
Opportunities
- Expansion of contracted services business
- Acquisitions of other water and electric utilities
- Investments in infrastructure upgrades
- Adoption of advanced technologies to improve efficiency
Threats
- Changes in environmental regulations
- Rising interest rates
- Economic downturns affecting customer demand
- Competition from other water and wastewater service providers
Competitors and Market Share
Key Competitors
- California Water Service Group (CWT)
- Aqua America Inc. (WTRG)
- SJW Group (SJW)
Competitive Landscape
American States Water Company benefits from a stable regulated business model and a strong reputation. Its contracted services provide a competitive advantage. However, larger companies have more scale and resources.
Major Acquisitions
Bear Valley Electric Service
- Year: 2012
- Acquisition Price (USD millions): 65
- Strategic Rationale: Expanded AWR's electric utility operations.
Growth Trajectory and Initiatives
Historical Growth: American States Water Company has experienced steady, but not rapid, growth over the past decade, driven by rate increases and customer growth in its regulated businesses.
Future Projections: Analysts project continued steady growth for American States Water Company, driven by infrastructure investments and expansion of its contracted services business. Revenue growth of 3-5% per year is expected.
Recent Initiatives: Recent initiatives include infrastructure upgrades, expansion of its contracted services business, and investments in renewable energy.
Summary
American States Water Company is a stable utility company with a long history of consistent performance. It benefits from regulated revenue streams and government contracts, but faces challenges related to drought and regulatory pressures. Its growth prospects are moderate, driven by infrastructure investments and expansion of its contracted services. It's a reliable dividend payer, making it attractive to income-seeking investors.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Company Investor Relations
- Analyst Reports
- Industry Reports
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It should not be considered investment advice. Market share estimates are approximate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About American States Water Company
Exchange NYSE | Headquaters San Dimas, CA, United States | ||
IPO Launch date 1990-03-26 | CEO, President & Director Mr. Robert J. Sprowls C.M.A. | ||
Sector Utilities | Industry Utilities - Regulated Water | Full time employees 517 | Website https://www.aswater.com |
Full time employees 517 | Website https://www.aswater.com |
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. The company operates through three segments: Water, Electric, and Contracted Services. It purchases, produces, distributes, and sells water, as well as distributes electricity. The company provides water service to approximately 264,600 customers located within approximately 80 communities in Northern, Coastal, and Southern California; and distributes electricity to approximately 24,900 customers in the City of Big Bear Lake and surrounding areas in San Bernardino County, California. It also offers water and/or wastewater services at various military installations. American States Water Company was founded in 1929 and is headquartered in San Dimas, California.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.