American States Water Company

AWRNYSEUtilities● Active

$78.05

$-0.32(-0.41%)

Market Cap$3.1B

P/E Ratio—

52W High$81.24

52W Low$69.45

Avg Volume319K

Open$77.87

Beta0.59

Free Cash Flow Financials Revenue

American States Water Company (AWR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AWR · free cash flow · updated Jun 8, 2026

Core FCF metrics

AWR · FCF · TTM · margin & CAGR

Free cash flow was −$7.1M for FY2025 (fiscal year ending 2025-12-31), up 78.7% year-over-year The FCF margin was -1.1%.

FY2025 Free Cash Flow−$7.1M▲ +78.7% YoY

Trailing 12M (TTM)$38.0MTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin-1.1%−$7.1M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

AWR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$229.7M(237M)−$7.1M▲ +78.7%-1.1%

FY2024$198.7M(232M)−$33.2M▲ +72.5%-5.6%

FY2023$67.7M(189M)−$120.9M▼ 149.5%-20.3%

FY2022$117.8M(166M)−$48.4M▼ 67.4%-9.9%

FY2021$115.6M(145M)−$28.9M▼ 250.6%-5.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

AWR · P/FCF · FCF yield · FCF per share

American States Water Company (AWR) trades at a FCF yield of 1.24% and a price-to-free-cash-flow ratio of 78.8x. FCF per share stands at $0.99, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

1.24%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.99

TTM FCF ÷ Shares Outstanding

Price / FCF

x78.8

Share Price ÷ FCF per Share

EV / FCF (TTM)

x104.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

AWR · cash flow statement · operating / investing / financing

For FY2025, American States Water Company generated $229.7M in operating cash flow and spent 237M in capital expenditures, yielding −$7.1M in free cash flow.

Operating Activities

+$229.7M

Cash from core business operations

2025-12-31

Investing Activities

−$237.5M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$0.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($229.7M) − |CapEx| (237M) = FCF (−$7.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Utilities)

AWR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

American States Water CompanyYOU

AWR

−$7.1M+78.7%-1.1%

Loss

Constellation Energy Corporation

CEG

$1.29B+125.6%5.0%

35%

Duke Energy Corporation

Utilities · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

American States Water Company (AWR) reported free cash flow of −$7.1M for FY2025 (fiscal year ending 2025-12-31), up 78.7% year-over-year. The FCF margin was -1.1%.

Based on available data, American States Water Company has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $90.7M in FY2014.

American States Water Company's FCF yield is 1.24% and price-to-FCF ratio is 78.8x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

AWR free cash flow · 8 questions

American States Water Company free cash flow was −$7.1M for FY2025, up 78.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $38.0M.

AWR free cash flowAWR FCFAWR FCF 2025AWR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · American States Water Company · American States Water Company SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026