AWK
American Water Works Company, Inc.132.72
-1.41-1.05%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
25.90BP/E (TTM)
23.33Basic EPS (TTM)
5.69Dividend Yield
0.02%Recent Filings
8-K
8-K
8-K
AWK-Essential merger announced
American Water Works announced an all-stock merger with Essential Utilities on October 26, 2025, exchanging 0.305 AWK shares per Essential share in a tax-free deal that creates a leading U.S. water and wastewater utility serving 4.7 million connections across 17 states with a $29.3 billion rate base. The transaction, expected to close by Q1 2027 pending shareholder and regulatory approvals, bolsters scale for infrastructure investments while maintaining 7-9% long-term EPS and dividend growth targets; yet integration risks loom large. Merger accretive to EPS in year one.
8-K
Board appoints utility veteran
American Water Works expanded its board to ten members by appointing Lisa A. Grow as an independent director on August 26, 2025, for a term ending at the 2026 annual meeting. With 38 years at Idaho Power, including as CEO since 2020, Grow brings deep utility expertise in regulation, operations, and customer service to the Nominating and Safety committees. Her addition bolsters governance amid industry demands. Nine of ten directors are now independent.
8-K
Equity and debt offerings closed
American Water Works closed its equity offering on August 8, 2025, with underwriters exercising the full option for 1,056,338 additional shares via forward sale agreements at $139.657 per share, potentially yielding $147.5 million in net proceeds for general corporate purposes by December 31, 2026. Simultaneously, subsidiary AWCC issued $900 million in 5.700% senior notes due 2055, netting $887.2 million after discounts to fund regulated operations, repay commercial paper, and support corporate needs. This dual financing bolsters liquidity while exposing the firm to interest rate fluctuations and settlement risks.
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