American Water Works Co (AWK) Financials

American Water Works Co Inc (AWK) is a leading publicly traded water and wastewater utility company in the United States. The company provides high-quality and reliable water services to approximately 15 million people in 46 states. With a rich history dating back to 1886, American Water Works has established itself as a trusted provider of essential water resources. The company is committed to delivering clean and safe water to its customers while maintaining a strong balance sheet and financial performance.

The income statement of American Water Works Co Inc (AWK) provides a snapshot of the company's financial performance over a specific period. It includes information such as revenue, expenses, and net income. In the latest financial year, American Water Works reported total revenue of $3.73 billion, a 2.8% increase compared to the previous year. The company's gross profit stood at $1.74 billion, with operating income (EBIT) of $915 million. Net income attributable to stockholders was $523 million.

The balance sheet of American Water Works Co Inc (AWK) provides a summary of the company's financial position at a specific point in time. It includes information about the company's assets, liabilities, and stockholders' equity. As of the latest reporting period, American Water Works had total assets of $18.9 billion, including cash equivalents of $40 million. The company's total debt was $11.2 billion, while stockholders' equity amounted to $4.6 billion. The balance sheet showcases the company's strong financial foundation and ability to invest in its infrastructure and future growth.

American Water Works Co Inc (AWK) operates with a focus on generating strong cash flow. The company's cash equivalents amounted to $40 million, providing a solid liquidity position. Additionally, American Water Works has efficiently managed its debt, with a net debt of $10.9 billion. This demonstrates the company's ability to meet its financial obligations while maintaining a healthy cash flow position. With its strong cash flow, American Water Works can invest in capital projects and provide value to its customers and shareholders.

The financial performance of American Water Works Co Inc (AWK) is underpinned by a commitment to providing excellent service to its customers. The company's operating cash flow for the latest reporting period was $1.1 billion, reflecting its ability to generate cash from its core operations. Furthermore, American Water Works maintains a disciplined approach to capital allocation, ensuring that investments are aligned with long-term growth strategies. The company's financing cash flow and investing cash flow were $437 million and $746 million, respectively.

American Water Works Co Inc (AWK) also focuses on generating free cash flow, which represents the cash left after deducting capital expenditures. The company's free cash flow for the latest reporting period was $748 million. This strong free cash flow enables American Water Works to pursue growth opportunities, invest in its infrastructure, and return value to its shareholders through dividends and share repurchases. The company's ability to consistently generate free cash flow is reflective of its operational efficiency and robust financial position.

In conclusion, American Water Works Co Inc (AWK) is a leading water and wastewater utility company that is dedicated to delivering clean and safe water to millions of people across the United States. The company's financials reflect its strong performance and commitment to generating sustainable value for its customers and shareholders. With a robust balance sheet, healthy cash flow, and disciplined capital allocation, American Water Works is well-positioned for long-term growth and success in the water industry.