American States Water Company (AWR)

AWR Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	567.46	595.7	491.53	498.85	488.24	473.87
Revenue Growth (YoY)	-2.02%	21.19%	-1.47%	2.17%	3.03%	8.48%
Fuel & Purchased Power	13.96	12.83	11.86	11.1	10.13	8.66
Operations & Maintenance	54.84	54.49	51.49	47.52	48.94	48.22
Selling, General & Admin	92.06	88.27	86.19	83.55	83.62	83.03
Depreciation & Amortization	42.43	42.4	41.32	39.6	36.85	35.4
Other Operating Expenses	184.79	199.54	166.52	172	174.87	170.18
Total Operating Expenses	388.08	397.53	357.38	353.76	354.4	345.5
Operating Income	179.38	198.17	134.15	145.09	133.84	128.37
Interest Expense	-48.55	-42.76	-27.03	-22.83	-22.53	-24.59
Interest Income	7.91	7.42	2.33	1.49	1.8	3.25
Net Interest Expense	-40.63	-35.35	-24.7	-21.34	-20.73	-21.34
Other Non-Operating Income (Expenses)	3.55	3.6	-7.47	0.56	1.54	1.72
EBT Excluding Unusual Items	142.29	166.42	101.99	124.31	114.65	108.76
Gain (Loss) on Sale of Assets	0.1	0.1	0.08	0.47	-0.03	0.25
Pretax Income	142.39	166.52	102.06	124.77	114.62	109.01
Income Tax Expense	35.4	41.6	23.66	30.42	28.2	24.67
Net Income	106.99	124.92	78.4	94.35	86.43	84.34
Preferred Dividends & Other Adjustments	0.34	0.37	0.2	0.24	0.29	0.36
Net Income to Common	106.66	124.55	78.2	94.1	86.14	83.99
Net Income Growth	-8.72%	59.35%	-16.91%	9.17%	2.47%	32.05%
Shares Outstanding (Basic)	37	37	37	37	37	37
Shares Outstanding (Diluted)	37	37	37	37	37	37
Shares Change (YoY)	0.34%	0.10%	0.08%	0.04%	0.08%	0.08%
EPS (Basic)	2.88	3.37	2.12	2.55	2.34	2.28
EPS (Diluted)	2.87	3.36	2.11	2.55	2.33	2.28
EPS Growth	-9.08%	59.24%	-17.00%	9.17%	2.42%	32.09%
Free Cash Flow	-88.76	-120.86	-48.44	-28.93	-8.25	-35.08
Free Cash Flow Per Share	-2.39	-3.26	-1.31	-0.78	-0.22	-0.95
Dividend Per Share	1.720	1.655	1.525	1.400	1.280	1.160
Dividend Growth	8.18%	8.52%	8.93%	9.38%	10.34%	9.43%
Profit Margin	18.80%	20.91%	15.91%	18.86%	17.64%	17.72%
Free Cash Flow Margin	-15.64%	-20.29%	-9.86%	-5.80%	-1.69%	-7.40%
EBITDA	222.47	241.42	175.85	185.06	171.04	164.09
EBITDA Margin	39.20%	40.53%	35.78%	37.10%	35.03%	34.63%
D&A For EBITDA	43.09	43.25	41.7	39.97	37.2	35.71
EBIT	179.38	198.17	134.15	145.09	133.84	128.37
EBIT Margin	31.61%	33.27%	27.29%	29.08%	27.41%	27.09%
Effective Tax Rate	24.86%	24.98%	23.19%	24.38%	24.60%	22.63%
Revenue as Reported	567.46	595.7	491.53	498.85	488.24	473.87

Source: S&P Capital IQ. Utility template. Financial Sources.