Companies: 10,795·Total market cap: $144.5T
American Water Works Company, Inc.

American Water Works Company, Inc.

AWKNYSEUtilities● Active
$124.60
+$0.13(+0.10%)
Market Cap$24.3B
P/E Ratio—
52W High$147.87
52W Low$120.57
Overview

American Water Works Company, Inc. (AWK) Free Cash Flow & Analysis

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

AWK · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was −$1.07B for FY2025 (fiscal year ending 2025-12-31), down 31.6% year-over-year The FCF margin was -20.8%.

FY2025 Free Cash Flow−$1.07B▼ -31.6% YoY
Trailing 12M (TTM)−$1.20Btrailing 4 quarters sum
FCF Margin-20.8%−$1.07B ÷ 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

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
awk free cash flow history · awk free cash flow chart · awk free cash flow growth rate · awk free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest−$1.07B▼ 31.6%-20.8%
FY2024−$811.0M▲ +5.7%-17.3%
FY2023−$860.0M▲ +34.5%-20.3%
FY2022−$1.31B▼ 203.7%-34.6%
FY2021−$432.0M▲ +13.9%-11.0%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
awk free cash flow 2025 · awk free cash flow 2024 · awk free cash flow 2023 · awk operating cash flow

FCF valuation metrics

American Water Works Company, Inc. (AWK) reported negative free cash flow of −$1.07B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)
N/A
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
N/A
TTM FCF ÷ Shares Outstanding
Price / FCF
N/A
Share Price ÷ FCF per Share
EV / FCF (TTM)
N/A
Enterprise Value basis
!

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
awk price to free cash flow · awk free cash flow yield · awk free cash flow per share · awk price to cash flow ratio

Cash flow statement summary

For FY2025, American Water Works Company, Inc. generated $2.06B in operating cash flow and spent 3.13B in capital expenditures, yielding −$1.07B in free cash flow.

Operating Activities
+$2.06B
Cash from core business operations
2025-12-31
Investing Activities
−$3.31B
CapEx, acquisitions & investments
2025-12-31
Financing Activities
+$1.25B
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($2.06B) − |CapEx| (3.13B) = FCF (−$1.07B)

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

View Full Cash Flow Statement →
awk cash flow statement · awk cash flow statement 2025 · awk operating cash flow · awk cash flow from operations

Free cash flow vs peers (Utilities)

#CompanyFree Cash FlowYoY
#1
American Water Works Company, Inc.
American Water Works Company, Inc.YOU
AWK
−$1.07B-31.6%
#2
GE Vernova Inc.
GE Vernova Inc.
GEV
$3.71B+118.3%#3
NextEra Energy, Inc.
NextEra Energy, Inc.
NEE
$3.21B-32.3%#4
Constellation Energy Corporation
Constellation Energy Corporation
CEG
$1.29B+125.6%#5
Duke Energy Corporation
Duke Energy Corporation
DUK
−$1.67B-3583.3%#6
The Southern Company
The Southern Company
SO
−$3.59B-531.0%
Utilities · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

American Water Works Company, Inc. (AWK) reported free cash flow of −$1.07B for FY2025 (fiscal year ending 2025-12-31), down 31.6% year-over-year. The FCF margin was -20.8%.

Based on available data, American Water Works Company, Inc. has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $63.0M in FY2014.

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.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

AWK free cash flow · 8 questions

American Water Works Company, Inc. free cash flow was −$1.07B for FY2025, down 31.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$1.20B.

AWK free cash flowAWK FCFAWK FCF 2025AWK free cash flow TTM

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