AWKAmerican Water Works Company, Inc.
Water Supply
- Revenue
- $5.1B
- 10% YoY
- Operating margin
- 36.7%
- 0.6% YoY
- EBITDA
- $2.8B
- 11% YoY
- Market cap
- $26.2B
- Employees
- 100
- $51M revenue each
- Net debt / EBITDA
- 5.0×
- $13.9B net debt
- AI in 10-K
- 0.2
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo185% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo31% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo4% of assetsOver 40% of assets
- Shareholder dissentNo92% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$51M · 97th pctBottom quartile of its SIC industry
- Quiet on AIYes0.2 per 10K words · 11th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo5.0× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo$26.2B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$0 netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $3.9B | $3.8B | $4.2B | $4.7B | $5.1B | 10% |
| Operating income | $1.2B | $1.3B | $1.5B | $1.7B | $1.9B | 9.4% |
| Net income | $1.3B | $820M | $944M | $1.1B | $1.1B | 5.7% |
| Operating cash flow | $1.4B | $1.1B | $1.9B | $2.0B | $2.1B | 0.7% |
| Capex | $1.8B | $2.3B | $2.6B | $2.9B | $3.1B | 9.5% |
| Stock-based comp | $17M | $28M | $25M | $36M | $32M | 11% |
| Buybacks | $0 | — | — | — | — | |
| Dividends | $428M | $467M | $532M | $585M | $633M | 8.2% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.