American Water Works Company, Inc.
AWK · Water Supply · 195.3M shares · +2%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $25M (gross $36M, SBC $11M)
Reference price $143.28 · est. market cap ~$28.0B — last insider sale, 2025-05-30 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A85Largest U.S. regulated water utility — a wide-moat regulated monopoly with top-decile operating margins and best-in-class sector ROE.
Strengths
- Top-decile operating margin (91.7th pct) and OCF margin (83rd pct); ROE 90.9th pct and revenue growth 75th pct
- Durable regulated-monopoly moat with rate-base growth and highly predictable cash flows
Risks
- Capital-intensive model drives deeply negative FCF (capex) and thin current ratio (0.46) — structural, not distress
- Returns are rate-regulated and thus capped; sensitive to allowed-ROE and interest-rate regulation
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Cash burnNegative free cash flow (-1067.0M)
- Weak liquidityCurrent ratio 0.46 (<1)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
36.7%
Net margin
21.7%
Return on equity
10.3%
Return on assets
3.1%
Revenue growth (QoQ)
-5.0%
Net-income growth
5.7%
Current ratio
0.5×
Free cash flow
-$1.1B
EBITDA
$2.8B
Tangible book value
$9.7B
Cash & investments
$98M
Cash runway
0q
Stock comp / revenue
0.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-13 | Nathoo Raffiq | Grant | 1.4K | — |
| 2026-05-13 | MCGUIGAN STUART M | Grant | 1.4K | — |
| 2026-05-13 | Marberry Michael | Grant | 1.4K | — |
| 2026-05-13 | Kurz Karl F | Grant | 2.2K | — |
| 2026-05-13 | KAMPLING PATRICIA L | Grant | 1.4K | — |
| 2026-05-13 | JOHNSON JULIA L | Grant | 1.4K | — |
| 2026-05-13 | Havanec Laurie P. | Grant | 1.4K | — |
| 2026-05-13 | Grow Lisa A | Grant | 1.4K | — |
| 2026-05-13 | Edwards Jeffrey N | Grant | 1.4K | — |
| 2026-02-17 | Wikle Melissa K. | Grant | 608 | — |
| 2026-02-17 | Wikle Melissa K. | Grant | 1.1K | — |
| 2026-02-17 | Wikle Melissa K. | Tax withheld | 543 | $133.51 |
| 2026-02-17 | Sutton Lori | Grant | 1.4K | — |
| 2026-02-17 | Norton Cheryl | Grant | 4.3K | — |
| 2026-02-17 | Norton Cheryl | Grant | 5.9K | — |
| 2026-02-17 | Norton Cheryl | Tax withheld | 2.9K | $133.51 |
| 2026-02-17 | Mitchell Stacy A. | Grant | 2.5K | — |
| 2026-02-17 | Mitchell Stacy A. | Grant | 1.1K | — |
| 2026-02-17 | Mitchell Stacy A. | Tax withheld | 524 | $133.51 |
| 2026-02-17 | Griffith John C. | Grant | 13K | — |
| 2026-02-17 | Griffith John C. | Grant | 8.3K | — |
| 2026-02-17 | Griffith John C. | Tax withheld | 4.1K | $133.51 |
| 2026-02-17 | Duffy Maureen | Grant | 1.3K | — |
| 2026-02-17 | Duffy Maureen | Grant | 2.0K | — |
| 2026-02-17 | Duffy Maureen | Tax withheld | 932 | $133.51 |
| 2026-02-17 | Bowler David | Grant | 3.7K | — |
| 2026-02-17 | Bowler David | Grant | 1.6K | — |
| 2026-02-17 | Bowler David | Tax withheld | 693 | $133.51 |
| 2026-01-31 | Duffy Maureen | Tax withheld | 603 | $129.13 |
| 2026-01-31 | Wikle Melissa K. | Tax withheld | 318 | $129.13 |
| 2026-01-31 | Sutton Lori | Tax withheld | 199 | $129.13 |
| 2026-01-31 | Norton Cheryl | Tax withheld | 1.8K | $129.13 |
| 2026-01-31 | Mitchell Stacy A. | Tax withheld | 729 | $129.13 |
| 2026-01-31 | Griffith John C. | Tax withheld | 3.2K | $129.13 |
| 2026-01-31 | Bowler David | Tax withheld | 791 | $129.13 |
| 2025-10-01 | Sutton Lori | Grant | 90 | — |
| 2025-08-26 | Grow Lisa A | Grant | 868 | — |
| 2025-06-09 | Nathoo Raffiq | Grant | 1.2K | — |
| 2025-06-09 | Nathoo Raffiq | Grant | 1.2K | — |
| 2025-05-30 | Wikle Melissa K. | Sell | 2.8K | $143.28 |
| 2025-05-14 | Griffith John C. | Grant | 1.6K | — |
| 2025-05-14 | MCGUIGAN STUART M | Grant | 1.3K | — |
| 2025-05-14 | Marberry Michael | Grant | 1.3K | — |
| 2025-05-14 | Kurz Karl F | Grant | 2.1K | — |
| 2025-05-14 | KAMPLING PATRICIA L | Grant | 1.3K | — |
| 2025-05-14 | JOHNSON JULIA L | Grant | 1.3K | — |
| 2025-05-14 | Havanec Laurie P. | Grant | 1.3K | — |
| 2025-05-14 | Edwards Jeffrey N | Grant | 1.3K | — |
| 2025-04-01 | Sutton Lori | Grant | 271 | — |
| 2025-02-18 | Wikle Melissa K. | Grant | 615 | — |
| 2025-02-18 | Wikle Melissa K. | Grant | 963 | — |
| 2025-02-18 | Wikle Melissa K. | Tax withheld | 497 | $127.17 |
| 2025-02-18 | Norton Cheryl | Grant | 4.3K | — |
| 2025-02-18 | Norton Cheryl | Grant | 4.8K | — |
| 2025-02-18 | Norton Cheryl | Tax withheld | 2.4K | $127.17 |
| 2025-02-18 | Mitchell Stacy A. | Grant | 2.3K | — |
| 2025-02-18 | Mitchell Stacy A. | Grant | 730 | — |
| 2025-02-18 | Mitchell Stacy A. | Tax withheld | 361 | $127.17 |
| 2025-02-18 | Kennedy Melanie M | Grant | 1.4K | — |
| 2025-02-18 | Kennedy Melanie M | Grant | 2.3K | — |
| 2025-02-18 | Kennedy Melanie M | Tax withheld | 1.2K | $127.17 |
| 2025-02-18 | Hardwick M Susan | Grant | 12K | — |
| 2025-02-18 | Hardwick M Susan | Grant | 18K | — |
| 2025-02-18 | Hardwick M Susan | Tax withheld | 8.5K | $127.17 |
| 2025-02-18 | Griffith John C. | Grant | 7.9K | — |
| 2025-02-18 | Griffith John C. | Grant | 8.4K | — |
| 2025-02-18 | Griffith John C. | Tax withheld | 4.1K | $127.17 |
| 2025-02-18 | Duffy Maureen | Grant | 1.3K | — |
| 2025-02-18 | Duffy Maureen | Grant | 2.0K | — |
| 2025-02-18 | Duffy Maureen | Tax withheld | 939 | $127.17 |
| 2025-02-18 | Bowler David | Grant | 3.0K | — |
| 2025-02-18 | Bowler David | Grant | 1.1K | — |
| 2025-02-18 | Bowler David | Tax withheld | 487 | $127.17 |
| 2025-01-31 | Wikle Melissa K. | Tax withheld | 283 | $124.64 |
| 2025-01-31 | Norton Cheryl | Tax withheld | 1.5K | $124.64 |
| 2025-01-31 | Mitchell Stacy A. | Tax withheld | 391 | $124.64 |
| 2025-01-31 | Kennedy Melanie M | Tax withheld | 649 | $124.64 |
| 2025-01-31 | Hardwick M Susan | Tax withheld | 4.6K | $124.64 |
| 2025-01-31 | Griffith John C. | Tax withheld | 2.3K | $124.64 |
| 2025-01-31 | Duffy Maureen | Tax withheld | 535 | $124.64 |
| 2025-01-31 | Bowler David | Tax withheld | 432 | $124.64 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-09 | 2026-06-05 | 0001410636-26-000105 ↗ |
| 8-K | 2026-06-01 | 2026-06-01 | 0001410636-26-000098 ↗ |
| 8-K | 2026-05-20 | 2026-05-18 | 0001193125-26-232113 ↗ |
| 8-K | 2026-05-15 | 2026-05-13 | 0001410636-26-000094 ↗ |
| 8-K | 2026-04-29 | 2026-04-29 | 0001410636-26-000064 ↗ |
| 10-Q | 2026-04-29 | 2026-03-31 | 0001410636-26-000063 ↗ |
| 8-K | 2026-04-01 | 2026-03-30 | 0001193125-26-137853 ↗ |
| 8-K | 2026-03-10 | 2026-03-05 | 0001410636-26-000056 ↗ |
| 8-K | 2026-03-02 | 2026-02-26 | 0001410636-26-000053 ↗ |
| 8-K | 2026-02-18 | 2026-02-18 | 0001410636-26-000035 ↗ |
| 10-K | 2026-02-18 | 2025-12-31 | 0001410636-26-000034 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0001410636-26-000029 ↗ |