Here's Why American Water Works Company (NYSE:AWK) Has A Meaningful Debt Burden
Apr 15
U.S. Water Utilities Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies19
- 7D5.3%
- 3M-2.6%
- 1Y-18.6%
- YTD-9.1%
All of the companies in the Water Utilities industry have been up over the last week, with the industry up 5.3%. In contrast, the industry has lost 19% in the last 12 months. Looking forward, earnings are forecast to grow by 8.5% annually.
Industry Valuation and Performance
Has the U.S. Water Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | US$43.2b | US$8.9b | US$1.8b | 21.5x | 24.2x | 4.8x |
| Sun, 24 Mar 2024 | US$43.0b | US$8.9b | US$1.8b | 21.9x | 24.2x | 4.8x |
| Tue, 20 Feb 2024 | US$44.4b | US$9.1b | US$1.8b | 23.7x | 25.3x | 4.9x |
| Thu, 18 Jan 2024 | US$46.4b | US$9.0b | US$1.7b | 25.8x | 26.8x | 5.1x |
| Sat, 16 Dec 2023 | US$47.8b | US$9.0b | US$1.7b | 27.8x | 27.6x | 5.3x |
| Mon, 13 Nov 2023 | US$44.7b | US$9.1b | US$1.7b | 25.8x | 25.8x | 4.9x |
| Wed, 11 Oct 2023 | US$62.7b | US$13.9b | US$2.6b | 26.4x | 24.5x | 4.5x |
| Fri, 08 Sep 2023 | US$48.3b | US$8.9b | US$1.7b | 29.3x | 28.5x | 5.4x |
| Sun, 06 Aug 2023 | US$50.9b | US$8.9b | US$1.7b | 31.3x | 30.5x | 5.7x |
| Tue, 04 Jul 2023 | US$51.3b | US$8.7b | US$1.6b | 35.9x | 32x | 5.9x |
| Thu, 01 Jun 2023 | US$52.0b | US$8.7b | US$1.6b | 33.6x | 32.4x | 6x |
| Sat, 29 Apr 2023 | US$52.6b | US$8.6b | US$1.6b | 33.5x | 33x | 6.1x |
| Mon, 27 Mar 2023 | US$51.2b | US$8.5b | US$1.6b | 32.2x | 31.8x | 6x |
| Wed, 22 Feb 2023 | US$51.8b | US$8.3b | US$1.6b | 35.5x | 32.8x | 6.2x |
| Fri, 20 Jan 2023 | US$52.4b | US$8.3b | US$2.1b | 35.7x | 25.2x | 6.3x |
| Sun, 18 Dec 2022 | US$52.8b | US$8.3b | US$2.1b | 34.8x | 25.5x | 6.4x |
| Tue, 15 Nov 2022 | US$51.4b | US$8.3b | US$2.1b | 34.6x | 24.8x | 6.2x |
| Thu, 13 Oct 2022 | US$44.4b | US$8.2b | US$2.0b | 33x | 21.8x | 5.4x |
| Sat, 10 Sep 2022 | US$52.9b | US$8.2b | US$2.0b | 36.9x | 26x | 6.5x |
| Mon, 08 Aug 2022 | US$53.8b | US$8.2b | US$2.0b | 37.7x | 26.6x | 6.6x |
| Wed, 06 Jul 2022 | US$50.8b | US$8.2b | US$2.0b | 34x | 24.8x | 6.2x |
| Fri, 03 Jun 2022 | US$51.0b | US$8.2b | US$2.0b | 33x | 24.9x | 6.2x |
| Sun, 01 May 2022 | US$50.4b | US$8.1b | US$2.0b | 31.7x | 25x | 6.2x |
| Tue, 29 Mar 2022 | US$54.4b | US$8.1b | US$2.0b | 34.1x | 27.2x | 6.7x |
| Thu, 24 Feb 2022 | US$50.3b | US$8.1b | US$2.0b | 32x | 25.1x | 6.2x |
| Sat, 22 Jan 2022 | US$53.9b | US$8.0b | US$1.5b | 36.1x | 36x | 6.7x |
| Mon, 20 Dec 2021 | US$60.0b | US$8.0b | US$1.5b | 38.9x | 40.1x | 7.5x |
| Wed, 17 Nov 2021 | US$56.5b | US$8.0b | US$1.5b | 37.8x | 37.5x | 7x |
| Fri, 15 Oct 2021 | US$54.9b | US$8.1b | US$1.6b | 36.2x | 34.9x | 6.8x |
| Sun, 12 Sep 2021 | US$58.1b | US$8.8b | US$537.8m | 36.2x | 108x | 6.6x |
| Tue, 10 Aug 2021 | US$56.8b | US$8.7b | US$1.4b | 35.7x | 39.9x | 6.5x |
| Mon, 03 May 2021 | US$51.8b | US$8.6b | US$1.4b | 31.6x | 38.3x | 6x |
Price to Earnings Ratio
38.3x
Current Industry PE
- Investors are pessimistic on the American Water Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 24.2x which is lower than its 3-year average PE of 30.6x.
- The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 4.8x.
Past Earnings Growth
- The earnings for companies in the Water Utilities industry have grown 9.7% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the U.S. Utilities industry?
| US Market | 1.21% | |
| Utilities | 4.31% | |
| Water Utilities | 5.28% | |
| Water | 5.28% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AWK American Water Works Company | US$121.55 | 3.6% +US$818.3m | -18.1% | PE25.1x | |
| WTRG Essential Utilities | US$36.57 | 4.0% +US$385.7m | -14.6% | PE20.1x | |
| CWT California Water Service Group | US$48.05 | 7.0% +US$181.9m | -15.4% | PE19.3x | |
| AWR American States Water | US$70.31 | 3.4% +US$87.1m | -21.8% | PE21x | |
| SJW SJW Group | US$54.81 | 3.2% +US$55.1m | -28.8% | PE20.7x |
