)
American States Water Company (AWR) investor relations material
American States Water Company Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated diluted EPS rose 8.6% to $0.76 for Q1 2026, driven by higher earnings in water, electric, and contracted services segments following CPUC-approved rate increases and increased construction activities.
Operating revenues increased by $21.2 million year-over-year, reaching $169.2 million.
Infrastructure investments for regulated utilities are projected at $185 million–$225 million for 2026.
Company recognized as Newsweek's #1 Most Trustworthy Company in the Energy & Utilities industry.
No material impact from geopolitical events or U.S. government shutdowns during the quarter.
Financial highlights
Water segment EPS increased to $0.55 from $0.52; electric segment EPS rose to $0.08 from $0.07; contracted services EPS up to $0.15 from $0.13.
Total operating revenues: Water $113.1M (+$11.1M), Electric $18.7M (+$3.7M), Contracted Services $37.4M (+$6.4M) year-over-year.
Net income for Q1 2026 was $29.95 million, up from $26.84 million in Q1 2025.
Operating income rose to $51.4 million from $45.5 million year-over-year.
Quarterly dividend paid was $0.5040 per share, up from $0.4655, marking 71 consecutive years of annual dividend increases.
Outlook and guidance
Capital expenditures for regulated utilities projected at $185–$225 million for 2026.
Contracted services segment expected to contribute $0.63–$0.67 per share for full year 2026.
Anticipates robust and sustained growth in water rate base over the next few years.
Management expects continued recovery of capital investment costs through rates and ongoing access to external financing.
Long-term dividend CAGR policy set at over 7%.
- 2025 saw double-digit EPS growth, robust dividends, and strong ESG and governance practices.AWR
Proxy filing13 Apr 2026 - Annual meeting to vote on directors, stock plan, executive pay, auditor, and ESG progress.AWR
Proxy filing3 Apr 2026 - Annual meeting to vote on directors, compensation, stock plan, and auditor ratification.AWR
Proxy filing3 Apr 2026 - Strong earnings growth, expanding military contracts, and robust ESG drive long-term value.AWR
Corporate presentation23 Mar 2026 - 2025 adjusted EPS up 10.9%, with strong segment growth and 71 years of dividend increases.AWR
Q4 202519 Feb 2026 - Q2 2024 EPS stable on an adjusted basis; dividend up 8.3% and $573.1M capex plan pending.AWR
Q2 20242 Feb 2026 - Q3 EPS up 12%, net income and dividends rise, with record ASUS awards and major settlements.AWR
Q3 202415 Jan 2026 - Q4 EPS up 36% to $0.75; new rates, tax benefit, and 70-year dividend growth streak.AWR
Q4 202421 Dec 2025 - Annual meeting to vote on directors, executive pay, auditor, and highlight ESG progress.AWR
Proxy Filing1 Dec 2025
Next American States Water Company earnings date
Next American States Water Company earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)