| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 169.19 | 14.3% |
| Total Income | 169.19 | 14.3% |
| Expenditure | 117.82 | 15.0% |
| PBT | 39.82 | 12.8% |
| Net Profit | 29.95 | 11.6% |
| OPM | 30.36% | 0.41pp |
| NPM | 17.70% | 0.43pp |
| EPS | 0.76 | 8.6% |
American States Water Reports Q1 2026 EPS at $0.76, Up 8.6% YOY
07 May 2026 · 7 May, 2:13 am
Summary
American States Water Company reported an 8.6% increase in first quarter 2026 consolidated diluted EPS, reaching $0.76 per share compared to $0.70 per share in the first quarter of 2025. The increase was primarily driven by higher earnings at the water and electric utility segments due to new customer rate increases and higher construction activities in the contracted services segment. The company's regulated utilities are authorized to spend approximately $650 million in capital investments. The contracted services business is expected to contribute $0.63 to $0.67 per share for the full year of 2026.
Key Highlights
- 1
American States Water Company reported basic and fully diluted earnings per share of $0.76 for the quarter ended March 31, 2026, an increase of $0.06 per share or 8.6% compared to the same period in 2025.
- 2
The regulated utilities are authorized to spend approximately $650 million in capital investments as approved in the utilities’ general rate cases.
- 3
The company is on target to invest $185 to $225 million in 2026.
- 4
The contracted services business is expected to contribute $0.63 to $0.67 per share for the full 2026 year.
- 5
Water segment diluted earnings were $0.55 per share, compared to $0.52 per share for the same period in 2025, an increase of $0.03 per share.
- 6
Electric segment diluted earnings increased $0.01 per share to $0.08 for the three months ended March 31, 2026.
- 7
Contracted services segment diluted earnings increased $0.02 per share for the first quarter of 2026.
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