Business
American States Water owns regulated water and electric utilities and provides contracted utility services to U.S. military bases through ASUS.
American States Water grew revenue and earnings, improved free cash flow, and carried utility leverage with a low Altman-Z score.
The read at a glance✓ Audited against SEC data
- Business mix — Water, electric, and military-base utility servicesNote
- Revenue — Revenue rose 10.5%OK
- Profit — Net income rose 9.4%OK
- Cash — Free cash flow remained negative but improvedNote
- Balance sheet — Debt rose 22.2%Watch
- Insiders — 0 buys / 1 sellWatch
- Accounting — Altman-Z distress; other screens safeWatch
Where the revenue comes from
Fiscal 2025, as AMERICAN STATES WATER CO reports it. History and quarterly detail are in the app.
- Water$464.4M
- Contracted services:$136.7M
- Electric$55.1M
Latest filings
- 8-K · Company announcement2026-08-05
- 10-Q · Quarterly report2026-08-05
- 8-K · Company announcement2026-05-21
- 8-K · Company announcement2026-05-06
- 10-Q · Quarterly report2026-05-06
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about AMERICAN STATES WATER CO, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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