American Water Works said diluted earnings per share for the 3 and 6 months ended June 30, 2025 were $1.48 and $2.53, respectively, compared to $1.42 and $2.37 per share in the same periods in 2024. The company cited the implementation of new rates in the Regulated Businesses from the recovery of capital and acquisition investments as the primary driver of the increase.

1. 01

   American Water Works said diluted earnings per share for the 3 and 6 months ended June 30, 2025 were $1.48 and $2.53, respectively, compared to $1.42 and $2.37 per share in the same periods in 2024. The company cited the implementation of new rates in the Regulated Businesses from the recovery of capital and acquisition investments as the primary driver of the increase.

2. 02

   American Water Works entered into a Purchase Agreement with Nexus Regulated Utilities, LLC on May 19, 2025 for an aggregate purchase price of approximately $315 million in cash. Based on current connection counts, the company would add nearly 47,000 customer connections, and the company said it anticipates closing will occur by or before August 2026.

3. 03

   American Water Works said operating revenues for the Regulated Businesses increased $121 million and $242 million for the 3 and 6 months ended in 2025, respectively, with authorized rate increases, including infrastructure surcharges, accounting for $119 million and $213 million, respectively. Operation and maintenance expense increased $50 million and $94 million, respectively.

4. 04

   American Water Works said cash flows from operating activities decreased $95 million in the first six months of 2025. On February 27, 2025, AWCC issued $800 million aggregate principal amount of 5.250% Senior Notes due 2035, and the debt-to-capitalization ratio was 0.58 to 1.00 as of June 30.

Key figures

Quarter ended June 30, 2025

Revenue

$1.3B

Operating income

$489M

Net income

$289M

EPS

$1.48

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.