
American States Water Company is one of only two investor-owned water utilities named to TIME’s America’s Best Companies 2026 list, selected from 1,000 firms based on financial performance, employee satisfaction and sustainability transparency. The accolade highlights the utility’s disciplined strategic growth execution, strong financial metrics and robust ESG practices.
American States Water Company secured a spot as one of only two investor-owned water utilities on TIME’s America’s Best Companies 2026 list. The company was selected from 1,000 participants based on financial performance, employee satisfaction and sustainability transparency.
President and CEO Robert J. Sprowls emphasized that this honor reflects disciplined execution of strategic growth plans, strong financial performance and a commitment to workforce development. Robust environmental, social responsibility and governance practices were key factors in the company’s ranking.
Serving over one million people across ten states, American States Water operates through Golden State Water (265,100 water connections), Bear Valley Electric (24,900 electric connections) and American States Utility Services. The firm has increased common dividends for 71 consecutive years, achieving a five-year dividend CAGR of 8.5% and a ten-year CAGR of 8.3%, with a long-term target above 7%.