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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	577.54	595.7	491.53	498.85	488.24	473.87
Revenue Growth (YoY)	-3.08%	21.19%	-1.47%	2.17%	3.03%	8.48%
Fuel & Purchased Power	14.66	12.83	11.86	11.1	10.13	8.66
Operations & Maintenance	55.06	54.49	51.49	47.52	48.94	48.22
Selling, General & Admin	95.28	88.27	86.19	83.55	83.62	83.03
Depreciation & Amortization	43.1	42.4	41.32	39.6	36.85	35.4
Other Operating Expenses	186.09	199.54	166.52	172	174.87	170.18
Total Operating Expenses	394.19	397.53	357.38	353.76	354.4	345.5
Operating Income	183.36	198.17	134.15	145.09	133.84	128.37
Interest Expense	-50.08	-42.76	-27.03	-22.83	-22.53	-24.59
Interest Income	7.53	7.42	2.33	1.49	1.8	3.25
Net Interest Expense	-42.55	-35.35	-24.7	-21.34	-20.73	-21.34
Other Non-Operating Income (Expenses)	6.27	3.6	-7.47	0.56	1.54	1.72
EBT Excluding Unusual Items	147.07	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	147.17	166.52	102.06	124.77	114.62	109.01
Income Tax Expense	35.91	41.6	23.66	30.42	28.2	24.67
Net Income	111.26	124.92	78.4	94.35	86.43	84.34
Preferred Dividends & Other Adjustments	0.38	0.37	0.2	0.24	0.29	0.36
Net Income to Common	110.88	124.55	78.2	94.1	86.14	83.99
Net Income Growth	-9.63%	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)	0.74%	0.10%	0.08%	0.04%	0.08%	0.08%
EPS (Basic)	2.98	3.37	2.12	2.55	2.34	2.28
EPS (Diluted)	2.97	3.36	2.11	2.55	2.33	2.28
EPS Growth	-10.36%	59.24%	-17.00%	9.17%	2.42%	32.09%
Free Cash Flow	-80.51	-120.86	-48.44	-28.93	-8.25	-35.08
Free Cash Flow Per Share	-2.16	-3.26	-1.31	-0.78	-0.22	-0.95
Dividend Per Share	1.756	1.655	1.525	1.400	1.280	1.160
Dividend Growth	8.20%	8.52%	8.93%	9.38%	10.34%	9.43%
Profit Margin	19.20%	20.91%	15.91%	18.86%	17.64%	17.72%
Free Cash Flow Margin	-13.94%	-20.29%	-9.86%	-5.80%	-1.69%	-7.40%
EBITDA	227.12	241.42	175.85	185.06	171.04	164.09
EBITDA Margin	39.33%	40.53%	35.78%	37.10%	35.03%	34.63%
D&A For EBITDA	43.77	43.25	41.7	39.97	37.2	35.71
EBIT	183.36	198.17	134.15	145.09	133.84	128.37
EBIT Margin	31.75%	33.27%	27.29%	29.08%	27.41%	27.09%
Effective Tax Rate	24.40%	24.98%	23.19%	24.38%	24.60%	22.63%
Revenue as Reported	577.54	595.7	491.53	498.85	488.24	473.87

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