American Water Works Q4 EPS Misses Consensus Despite $1.27B Revenue, Guides $6.02–$6.12
American Water Works’ Q4 net income hit $238 million with GAAP EPS of $1.22 and adjusted EPS of $1.24, missing the $1.28 consensus while delivering $1.27 billion revenue. Full-year net income reached $1.11 billion ($5.69 per share) on $5.14 billion sales, and 2026 EPS is guided to $6.02–$6.12.
1. Fourth Quarter Results
American Water Works reported Q4 net income of $238 million, GAAP EPS of $1.22 and adjusted EPS of $1.24, below the $1.28 consensus, while revenue rose to $1.27 billion, topping the $1.22 billion forecast.
2. Full Year 2025 Performance and Guidance
For full-year 2025, net income was $1.11 billion, or $5.69 per share, on $5.14 billion in revenue. Management forecast 2026 adjusted EPS between $6.02 and $6.12 and affirmed long-term EPS and dividend growth targets of 7–9%.
3. Capital Investments and Merger Status
The company invested $3.2 billion in infrastructure improvements and completed 18 acquisitions, repaid a $795 million seller note, and secured shareholder approval for the Essential Utilities merger, supporting anticipated scale benefits and roughly $264 million in annualized rate-authorized revenue increases.