Wed, Apr 30, 8:31 PM (22 days ago)
**American Water Works Company, Inc. (AWK) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $1,142 million, up from $1,011 million in Q1 2024, driven by rate increases and acquisitions. - **Net Income:** $205 million, up from $185 million in Q1 2024. - **EPS:** $1.05, up from $0.95 in Q1 2024. - **Operating Income:** $371 million, up from $326 million in Q1 2024. - **Operating Expenses:** $771 million, up from $685 million in Q1 2024, due to increased costs and depreciation. - **Cash Flow from Operations:** $331 million, down from $382 million in Q1 2024, due to changes in working capital. **Profit Margins:** - **Operating Margin:** 32.5%, up from 32.3% in Q1 2024. - **Net Margin:** 18.0%, up from 18.3% in Q1 2024. **Cash Flow:** - **Capital Expenditures:** $548 million, down from $609 million in Q1 2024. - **Free Cash Flow:** Negative $217 million, down from negative $223 million in Q1 2024. **Earnings Changes:** - **Year-over-Year Growth:** Revenue up 13%, Net Income up 10%, EPS up 10%. **Quarterly Performance Discussion:** - **Rate Increases:** Approved in Virginia, Tennessee, California, and Illinois, totaling $138 million in incremental revenues. - **Acquisitions:** Completed one asset acquisition adding 300 customers and entered into agreements for pending acquisitions adding approximately 29,000 customers. - **Organic Growth:** Added approximately 4,000 new customers through organic growth in existing systems. **Trends & Uncertainties:** - **Regulatory Uncertainties:** Pending rate cases and infrastructure surcharges in several states. - **Weather & Climate:** Potential impacts from drought, wildfires, and other natural disasters. - **Legal Proceedings:** Ongoing litigation and regulatory investigations. **Future Operations Impact:** - **Capital Investment:** Plans to invest approximately $3.3 billion in 2025 for infrastructure improvements and acquisitions. - **Debt & Liquidity:** Maintains strong liquidity with $1.78 billion available as of March 31, 2025.