American States Water Company (AWR)

AWR Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	130.44	119.27	124.92	78.4	94.35
Depreciation & Amortization	48.87	44.23	43.25	41.7	39.97
Loss (Gain) on Sale of Investments	-5.51	-5.29	-5.01	5.18	-4.29
Stock-Based Compensation	3.56	3.74	3.3	2.57	2.57
Change in Accounts Receivable	-8.85	-15.85	-7.31	9.73	-5.49
Change in Inventory	-1.27	2.43	-2.95	-2.46	-3.54
Change in Accounts Payable	7.58	5.15	-10.86	11.77	-2.88
Change in Income Taxes	0.75	-0.02	2.49	-6.48	-2.25
Change in Unearned Revenue	6.07	4.31	0.45	0.65	-1.54
Change in Other Net Operating Assets	42.54	36.88	-86.6	-27.13	-5.6
Other Operating Activities	3.19	2.23	5.07	2.84	3.18
Operating Cash Flow	229.73	198.73	67.68	117.8	115.58
Operating Cash Flow Growth	15.60%	193.62%	-42.54%	1.92%	-5.39%
Capital Expenditures	-236.82	-231.96	-188.54	-166.24	-144.52
Other Investing Activities	-0.72	-0.82	-0.22	-0.86	-0.58
Investing Cash Flow	-237.54	-232.78	-188.76	-167.1	-145.09
Long-Term Debt Issued	149.21	64.57	184.26	106.79	71.3
Total Debt Issued	149.21	64.57	184.26	106.79	71.3
Long-Term Debt Repaid	-148.45	-44.87	-0.33	-0.38	-28.36
Net Debt Issued (Repaid)	0.75	19.7	183.92	106.41	42.94
Issuance of Common Stock	67.06	88.81	-	-	-
Common Dividends Paid	-74.66	-67.02	-61.2	-56.36	-51.69
Other Financing Activities	6.82	5.14	6.43	0.28	6.48
Financing Cash Flow	-0.03	46.64	129.16	50.34	-2.27
Net Cash Flow	-7.84	12.59	8.08	1.03	-31.77
Free Cash Flow	-7.09	-33.23	-120.86	-48.44	-28.93
Free Cash Flow Margin	-1.08%	-5.58%	-20.29%	-9.86%	-5.80%
Free Cash Flow Per Share	-0.18	-0.88	-3.26	-1.31	-0.78
Cash Interest Paid	-	50.35	39.37	26.01	22.54
Cash Income Tax Paid	-	27.85	34.68	27.37	29.15
Levered Free Cash Flow	-90.43	-76.47	-107.78	-50.65	-32.32
Unlevered Free Cash Flow	-61.19	-44.98	-81.06	-33.76	-18.05
Change in Working Capital	46.83	32.91	-104.79	-13.93	-21.32

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q