American Water Works Company, Inc. (AWK) Bundle
A Brief History of American Water Works Company, Inc. (AWK)
Company Overview
American Water Works Company, Inc. is headquartered in Camden, New Jersey. Founded in 1886, it is the largest publicly traded water and wastewater utility company in the United States.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $4.24 billion |
| Net Income | $672 million |
| Market Capitalization | $24.5 billion |
| Dividend Yield | 2.1% |
Operational Segments
- Regulated Businesses: Water and wastewater services in 14 states
- Market-Based Operations: Military services, homeowner services, and water and wastewater contracts
- Serves approximately 14 million people across the United States
Key Business Metrics
| Metric | 2023 Data |
|---|---|
| Total Assets | $28.6 billion |
| Number of Employees | 7,100 |
| Total Water Regulated Operations | 1,646 community water systems |
Stock Performance
NYSE Ticker Symbol: AWK
52-week stock price range: $127.30 - $178.15
Regulatory Environment
- Regulated by state public utility commissions
- Operates under rate-based regulatory frameworks
- Complies with EPA water quality standards
A Who Owns American Water Works Company, Inc. (AWK)
Institutional Ownership
As of Q4 2023, the institutional ownership of American Water Works Company, Inc. (AWK) is distributed as follows:
| Top Institutional Shareholders | Shares Owned | Percentage |
|---|---|---|
| Vanguard Group Inc | 43,106,880 | 16.23% |
| BlackRock Inc. | 36,693,645 | 13.82% |
| State Street Corporation | 21,416,642 | 8.06% |
| Massachusetts Financial Services | 16,048,683 | 6.04% |
Major Shareholders
- American Water Capital Corp (Parent Company): 100% ownership of regulated and market-based subsidiaries
- American Water Works Company, Inc. is a publicly traded company listed on NYSE
- Institutional investors collectively own approximately 83.5% of outstanding shares
Top Institutional Investor Details
Vanguard Group Inc holds 43,106,880 shares, representing 16.23% of total shares, with a market value of approximately $7.2 billion as of December 2023.
BlackRock Inc. owns 36,693,645 shares, constituting 13.82% of total shares, with a market value of around $6.1 billion.
Ownership Structure
American Water Works Company, Inc. is a publicly traded water utility company with a diverse ownership base primarily composed of institutional investors and mutual funds.
American Water Works Company, Inc. (AWK) Mission Statement
Company Overview
American Water Works Company, Inc. (AWK) is the largest publicly traded water and wastewater utility company in the United States. As of 2024, the company operates in 14 states and serves approximately 14 million people.
Mission Statement Components
The mission statement focuses on delivering safe, reliable, and high-quality water services while prioritizing environmental sustainability and community well-being.
Key Strategic Objectives
- Provide safe drinking water to 14 million customers across service territories
- Maintain infrastructure reliability with $4.3 billion in planned capital investments for 2024-2025
- Achieve 100% compliance with federal and state water quality regulations
Financial Performance Metrics
| Financial Metric | 2024 Value |
|---|---|
| Total Revenue | $4.1 billion |
| Net Income | $1.2 billion |
| Market Capitalization | $24.5 billion |
| Capital Expenditures | $2.6 billion |
Operational Priorities
- Invest in water infrastructure modernization
- Enhance water conservation technologies
- Reduce carbon emissions by 40% by 2030
Service Coverage
| Service Category | Number of Customers |
|---|---|
| Regulated Residential Customers | 3.7 million |
| Regulated Commercial Customers | 370,000 |
| Municipal Utility Clients | 1,600 |
Environmental Commitments
Sustainability Goals: Reduce greenhouse gas emissions by 40% by 2030, with net-zero emissions targeted by 2050.
How American Water Works Company, Inc. (AWK) Works
Company Overview
American Water Works Company, Inc. (AWK) is the largest publicly traded water and wastewater utility company in the United States, operating in 14 states as of 2024.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $4.1 billion |
| Net Income | $690 million |
| Market Capitalization | $25.6 billion |
| Dividend Yield | 2.3% |
Operational Segments
- Regulated Businesses
- Market-Based Businesses
- Military Services
Service Coverage
| Service Type | Customers Served |
|---|---|
| Regulated Water Utility | 1.3 million |
| Regulated Wastewater Utility | 197,000 |
Infrastructure
Total Water Treatment Facilities: 79 surface water and 458 groundwater treatment plants
Investment and Capital Expenditure
| Investment Category | 2023 Amount |
|---|---|
| Infrastructure Investment | $2.1 billion |
| Water Main Replacements | 438 miles |
Sustainability Initiatives
- Carbon Reduction Target: 50% by 2030
- Renewable Energy Usage: 20% of total energy
- Water Conservation Programs
How American Water Works Company, Inc. (AWK) Makes Money
Revenue Streams
American Water Works Company generates revenue through multiple segments:
| Segment | 2022 Revenue | Percentage of Total Revenue |
|---|---|---|
| Regulated Businesses | $3.96 billion | 87% |
| Market-Based Businesses | $589 million | 13% |
Regulated Utility Operations
American Water operates in 14 states with regulated utility services.
- Provides water and wastewater services to approximately 1.3 million residential customers
- Serves 16 military bases through military services contract
- Rate base of $19.4 billion as of 2022
Market-Based Operations
Market-based segments include:
- Homeowner services
- Water and wastewater utility services for military bases
- Municipal water and wastewater contracts
Financial Performance
| Financial Metric | 2022 Value |
|---|---|
| Total Operating Revenues | $4.55 billion |
| Net Income | $1.02 billion |
| Earnings Per Share | $4.81 |
Geographic Coverage
14 states with regulated utility operations:
- California
- Illinois
- Indiana
- Missouri
- New Jersey
- New York
- Pennsylvania
- Virginia
- West Virginia
- Kentucky
- Maryland
- Tennessee
- North Carolina
- Ohio
American Water Works Company, Inc. (AWK) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.