NYSE:AWRWater Utilities
Is American States Water’s (AWR) Bigger 2026 Capex Plan Quietly Redefining Its Core Earnings Story?
In February 2026, American States Water reported fourth-quarter 2025 diluted earnings per share of US$0.74 and outlined plans to invest US$185 million to US$225 million in capital expenditures during 2026, with adjusted results showing improvement in its core water business versus the prior year.
This combination of stronger underlying water segment earnings and a sizeable 2026 investment program highlights management’s focus on reinforcing long-term infrastructure and operational...