Jun 2026 (Q2 FY26) — Aug 6, 2026
American States Water Q2 FY26 — Strong Earnings Growth Driven by Water Segment and Dividend Increase
Read the full callAmerican States Water earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 181 | +11.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 35.3 | +4.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 43.3 | +28.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $75.47 on 17 Oct 2025 → $81.62. High $91.1 (24 Aug 2026), low $70.1 (9 Feb 2026).
Overview
Call summaries
American States Water Q2 FY26 — Strong Earnings Growth Driven by Water Segment and Dividend Increase
Read the full callEvery analysed call
Financials
Net profit, year on year: +28% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 162 | 143 | 148 | 163 | 183 | 164 | 169 | 181 |
| Expenses | 107 | — | — | — | — | — | — | — |
| Operating profit | 55 | 39 | 46 | 51 | 62 | 45 | 51 | 64 |
| Operating margin | 34.0% | 27.0% | 30.8% | 31.3% | 33.8% | 27.4% | 30.4% | 35.3% |
| Other income | -9 | -8 | -10 | -7 | -8 | -9 | -12 | -6 |
| Interest | 13 | 11 | 12 | 12 | 12 | 11 | 12 | 12 |
| Profit before tax | 46 | 31 | 35 | 44 | 54 | 36 | 40 | 58 |
| Tax rate | 21.9% | 7.7% | 24.0% | 23.3% | 23.9% | 21.2% | 24.8% | 25.1% |
| Net profit | 36 | 28 | 27 | 34 | 41 | 29 | 30 | 43 |
| EPS ($ per share) | 0.95 | — | 0.70 | 0.87 | 1.06 | — | 0.76 | 1.10 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 254 | 256 | 257 | 258 | 260 | 263 | 355 | 425 |
| Reserves | 305 | 346 | 385 | 428 | 449 | 513 | 565 | 620 |
| Total liabilities | 943 | 1,040 | 1,150 | 1,215 | 1,325 | 1,470 | 1,580 | 1,670 |
| Fixed assets | 1,296 | 1,416 | 1,512 | 1,626 | 1,754 | 1,892 | 2,100 | 2,296 |
| Total assets | 1,501 | 1,641 | 1,792 | 1,901 | 2,034 | 2,246 | 2,500 | 2,715 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 137 | 117 | 122 | 116 | 118 | 68 | 199 | 230 |
| Cash from investing | -128 | -153 | -132 | -145 | -167 | -189 | -233 | -238 |
| Cash from financing | -2 | 31 | 45 | -2 | 50 | 129 | 47 | -0 |
| Capital expenditure | -127 | -152 | -130 | -145 | -166 | -189 | -232 | -237 |
| Free cash flow | 10 | -35 | -8 | -29 | -48 | -121 | -33 | -7 |
126 filings between Nov 11, 2025 and Sep 4, 2026.
Purchases
None
No insider bought shares.
Sales
$317.7K
5 sales by 3 insiders
Also filed: 17 dispositions to the issuer.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| HOLLOWAY ANNE M | — | $170.1K | Aug 19, 2026 |
| Rowley Paul J | — | $99.2K | May 15, 2026 |
| BONTA DIANA M | — | $48.5K | Sep 4, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 4, 2026 | BONTA DIANA M Director | Sale | 546 | $48.5K |
| Aug 19, 2026 | HOLLOWAY ANNE M Director | Sale | 900 | $80.0K |
| May 20, 2026 | HOLLOWAY ANNE M Director | Sale | 662 | $50.0K |
| May 19, 2026 | HOLLOWAY ANNE M Director | Award | 527 | $40.0K |
| May 19, 2026 | DAVIS STEVEN D Director | Award | 527 | $40.0K |
| May 19, 2026 | Hopkins Mary Ann Director | Award | 527 | $40.0K |
| May 19, 2026 | BONTA DIANA M Director | Award | 527 | $40.0K |
| May 19, 2026 | Ervin Roger M Director | Award | 527 | $40.0K |
| May 19, 2026 | Eichelberger Thomas A. Director | Award | 527 | $40.0K |
| May 19, 2026 | Levin Carl James Director | Award | 527 | $40.0K |
| May 19, 2026 | Winn Caroline Ann Director | Award | 527 | $40.0K |
| May 18, 2026 | HOLLOWAY ANNE M Director | Award | 135 | $10.2K |
| May 18, 2026 | BONTA DIANA M Director | Award | 23 | $1.7K |
| May 15, 2026 | Rowley Paul J SVP OF OPERATIONS | Sale | 1,304 | $99.2K |
| Mar 13, 2026 | Miller Susan P. Vice President | Tax withheld | 85 | $6.3K |
| Mar 13, 2026 | TANG EVA G Sr. Vice President & CFO | Tax withheld | 401 | $29.8K |
| Mar 13, 2026 | Schickling David R Vice President Water Operation | Tax withheld | 77 | $5.7K |
| Mar 13, 2026 | Miller Susan P. Vice President | Tax withheld | 89 | $6.7K |
| Mar 13, 2026 | FARROW GLADYS VP - Fin., Treas., & Asst. Sec | Tax withheld | 81 | $6.1K |
| Mar 13, 2026 | Rowley Paul J SVP OF OPERATIONS | Tax withheld | 107 | $8.0K |
| Mar 13, 2026 | TANG EVA G Sr. Vice President & CFO | Tax withheld | 113 | $8.4K |
| Mar 13, 2026 | Schickling David R Vice President Water Operation | Tax withheld | 81 | $6.1K |
| Mar 13, 2026 | Pierotti Jon Vice President Reg Affairs | Tax withheld | 98 | $7.3K |
| Mar 13, 2026 | Connor Christopher H SVP of ASUS | Tax withheld | 424 | $31.6K |
| Mar 13, 2026 | Pillai Sunil VP ENVIRONMENTAL QUALITY | Tax withheld | 77 | $5.7K |
| Mar 13, 2026 | Pillai Sunil VP ENVIRONMENTAL QUALITY | Tax withheld | 81 | $6.1K |
| Mar 13, 2026 | Pierotti Jon Vice President Reg Affairs | Tax withheld | 104 | $7.7K |
| Mar 13, 2026 | Connor Christopher H SVP of ASUS | Tax withheld | 109 | $8.1K |
| Mar 13, 2026 | Rowley Paul J SVP OF OPERATIONS | Tax withheld | 360 | $26.8K |
| Mar 13, 2026 | SPROWLS ROBERT J President & CEO | Tax withheld | 718 | $53.4K |
| Mar 13, 2026 | SPROWLS ROBERT J President & CEO | Tax withheld | 710 | $52.9K |
| Mar 13, 2026 | FARROW GLADYS VP - Fin., Treas., & Asst. Sec | Tax withheld | 295 | $21.9K |
| Mar 13, 2026 | Miller Susan P. Vice President | Tax withheld | 399 | $29.7K |
| Mar 13, 2026 | FARROW GLADYS VP - Fin., Treas., & Asst. Sec | Tax withheld | 77 | $5.7K |
| Mar 13, 2026 | Kubiak Patrick VP of Asset Management | Tax withheld | 260 | $19.3K |
| Mar 13, 2026 | Kubiak Patrick VP of Asset Management | Tax withheld | 104 | $7.7K |
| Mar 13, 2026 | TANG EVA G Sr. Vice President & CFO | Tax withheld | 107 | $8.0K |
| Mar 13, 2026 | Rowley Paul J SVP OF OPERATIONS | Tax withheld | 113 | $8.4K |
| Mar 13, 2026 | SPROWLS ROBERT J President & CEO | Tax withheld | 9,001 | $670.0K |
| Mar 13, 2026 | Kubiak Patrick VP of Asset Management | Tax withheld | 98 | $7.3K |
| Mar 13, 2026 | Pierotti Jon Vice President Reg Affairs | Tax withheld | 260 | $19.3K |
| Mar 13, 2026 | Pillai Sunil VP ENVIRONMENTAL QUALITY | Tax withheld | 260 | $19.3K |
| Mar 13, 2026 | Connor Christopher H SVP of ASUS | Tax withheld | 103 | $7.7K |
| Mar 13, 2026 | Schickling David R Vice President Water Operation | Tax withheld | 260 | $19.3K |
| Mar 12, 2026 | FARROW GLADYS VP - Fin., Treas., & Asst. Sec | Award | 715 | $53.3K |
| Mar 12, 2026 | FARROW GLADYS VP - Fin., Treas., & Asst. Sec | Award | 770 | $0 |
| Mar 12, 2026 | TANG EVA G Sr. Vice President & CFO | Award | 1,071 | $0 |
| Mar 12, 2026 | Kubiak Patrick VP of Asset Management | Award | 630 | $46.9K |
| Mar 12, 2026 | TANG EVA G Sr. Vice President & CFO | Award | 276 | $0 |
| Mar 12, 2026 | TANG EVA G Sr. Vice President & CFO | Award | 992 | $73.9K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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