Companies /Utilities

American Water Works Co. Inc

NYSE: AWK Utilities - Regulated Water
$140.85
▲ $1.36 (+0.98%) today
Markets closed · 4:45pm ET

Q2 2025 Earnings

Reported Jul 30, 2025, 4:33pm ET · SEC source
$1.48
Miss −3.05%
EPS · est. $1.53
$1.3B
Beat +3.91%
Revenue · est. $1.2B
−0.5%
Trailing market
AWK vs S&P since report
1 quarter
Consecutive EPS beats

Market Reaction

% change · around the report
−0.7%0+0.7%Jul 30Jul 31report 4:33pm ETearnings−1.0%+0.4%
−0.7%0+0.7%Jul 30Jul 31earnings−1.0%+0.4%
AWK +0.4%S&P 500 −1.0%
−1.4%−0.7%0+0.7%Jul 30Jul 31report 4:33pm ETearnings−1.4%+0.4%
−1.4%−0.7%0+0.7%Jul 30Jul 31earnings−1.4%+0.4%
AWK +0.4%NASDAQ −1.4%
−3%0+3%+6%Jul 29Aug 7report 4:33pm ETearnings−0.7%+3.4%
−3%0+3%+6%Jul 29Aug 7earnings−0.7%+3.4%
AWK +3.4%S&P 500 −0.7%
−3%0+3%+6%Jul 29Aug 7report 4:33pm ETearnings−0.4%+3.4%
−3%0+3%+6%Jul 29Aug 7earnings−0.4%+3.4%
AWK +3.4%NASDAQ −0.4%
+0.42%
Day of report
+3.91%
Next session
+2.98%
One week
+0.83%
30 days

S&P 500 over the same 30 days: +1.30%.

Did AWK Beat Earnings? Q2 2025 Results

American Water Works delivered a mixed second quarter for 2025, with a top-line beat overshadowed by a bottom-line miss as wet weather weighed on results. The regulated utility posted revenue of $1.28 billion, up 11.1% year over year and ahead of the $1.23 billion consensus estimate by 3.91%, as authorized rate increases from completed general rate cases and infrastructure proceedings drove the gains. Earnings per share, however, came in at $1.48, falling short of the $1.53 consensus by 3.05%, with management attributing roughly $0.06 per share of the shortfall to unfavorable weather conditions, including wet weather in the current quarter and the absence of the warm, dry conditions that had lifted year-ago results. Rising employee, technology, and depreciation costs added further pressure on the bottom line. Looking ahead, the company narrowed its full-year 2025 weather-normalized EPS guidance to $5.70 to $5.75 and reaffirmed long-term EPS and dividend growth targets of 7% to 9%, while announcing an agreement to acquire Nexus Water Group systems adding approximately 87,000 customer connections across eight states.

Key Takeaways
  • Authorized revenue increases from completed general rate cases and infrastructure proceedings
  • Recovery of incremental capital and acquisition investments
  • Incremental revenue from closed acquisitions
  • $270 million in additional annualized revenues authorized since January 1, 2025
  • Net unfavorable weather impact of approximately $0.06 per share in Q2 2025 vs Q2 2024

“The company delivered solid results for the first half of the year. We are excited about the outlook for growth in the business, the foundation of which is continued investment in the communities we currently serve.”

American Water Works CEO, on the earnings call

Forward Guidance & Outlook

American Water narrowed its 2025 EPS guidance to $5.70–$5.75, up from the prior range of $5.65–$5.75, on a weather-normalized basis. Both ranges include approximately $0.10 per share of incremental interest income from the amended HOS seller note. The company affirmed its long-term financial targets, including long-term EPS and dividend growth rate targets of 7–9%. The 2025 capital investment plan of approximately $3.3 billion remains on track, with $1.3 billion invested through June 30, 2025. The company has approximately 87,000 customer connections under acquisition agreement as of July 30, 2025, including the Nexus Water Group systems in eight states.

AWK YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$400.0M$800.0M$1.2B$1.1B$1.3BRevenue$449.0M$489.0MOperating Income$277.0M$289.0MNet Income
$0$400.0M$800.0M$1.2BRevenueOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.