American States Water Past Earnings Performance
Past criteria checks 2/6
American States Water has been growing earnings at an average annual rate of 7.4%, while the Water Utilities industry saw earnings declining at 14.6% annually. Revenues have been growing at an average rate of 4.7% per year. American States Water's return on equity is 12.7%, and it has net margins of 19.2%.
Key information
7.4%
Earnings growth rate
7.2%
EPS growth rate
| Water Utilities Industry Growth | 4.8% |
| Revenue growth rate | 4.7% |
| Return on equity | 12.7% |
| Net Margin | 19.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How American States Water makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 578 | 111 | 92 | 0 |
| 30 Jun 24 | 567 | 107 | 90 | 0 |
| 31 Mar 24 | 570 | 113 | 88 | 0 |
| 31 Dec 23 | 596 | 125 | 87 | 0 |
| 30 Sep 23 | 596 | 123 | 84 | 0 |
| 30 Jun 23 | 579 | 117 | 83 | 0 |
| 31 Mar 23 | 544 | 98 | 81 | 0 |
| 31 Dec 22 | 492 | 78 | 79 | 0 |
| 30 Sep 22 | 483 | 80 | 77 | 0 |
| 30 Jun 22 | 485 | 82 | 77 | 0 |
| 31 Mar 22 | 490 | 89 | 79 | 0 |
| 31 Dec 21 | 499 | 94 | 79 | 0 |
| 30 Sep 21 | 506 | 94 | 79 | 0 |
| 30 Jun 21 | 503 | 92 | 80 | 0 |
| 31 Mar 21 | 496 | 91 | 79 | 0 |
| 31 Dec 20 | 488 | 86 | 80 | 0 |
| 30 Sep 20 | 477 | 83 | 84 | 0 |
| 30 Jun 20 | 478 | 84 | 84 | 0 |
| 31 Mar 20 | 481 | 85 | 83 | 0 |
| 31 Dec 19 | 474 | 84 | 81 | 0 |
| 30 Sep 19 | 472 | 81 | 80 | 0 |
| 30 Jun 19 | 462 | 76 | 81 | 0 |
| 31 Mar 19 | 444 | 66 | 81 | 0 |
| 31 Dec 18 | 437 | 64 | 79 | 0 |
| 30 Sep 18 | 430 | 63 | 80 | 0 |
| 30 Jun 18 | 430 | 61 | 82 | 0 |
| 31 Mar 18 | 437 | 67 | 81 | 0 |
| 31 Dec 17 | 441 | 69 | 80 | 0 |
| 30 Sep 17 | 443 | 67 | 82 | 0 |
| 30 Jun 17 | 443 | 68 | 79 | 0 |
| 31 Mar 17 | 441 | 62 | 81 | 0 |
| 31 Dec 16 | 436 | 59 | 81 | 0 |
| 30 Sep 16 | 439 | 60 | 82 | 0 |
| 30 Jun 16 | 449 | 59 | 82 | 0 |
| 31 Mar 16 | 451 | 58 | 81 | 0 |
| 31 Dec 15 | 459 | 60 | 80 | 0 |
| 30 Sep 15 | 458 | 62 | 78 | 0 |
| 30 Jun 15 | 464 | 62 | 79 | 0 |
| 31 Mar 15 | 465 | 62 | 78 | 0 |
| 31 Dec 14 | 466 | 61 | 78 | 0 |
| 30 Sep 14 | 466 | 59 | 81 | 0 |
| 30 Jun 14 | 458 | 59 | 81 | 0 |
| 31 Mar 14 | 463 | 60 | 80 | 0 |
| 31 Dec 13 | 472 | 62 | 77 | 0 |
Quality Earnings: FDK has high quality earnings.
Growing Profit Margin: FDK's current net profit margins (19.2%) are lower than last year (20.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FDK's earnings have grown by 7.4% per year over the past 5 years.
Accelerating Growth: FDK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FDK had negative earnings growth (-9.7%) over the past year, making it difficult to compare to the Water Utilities industry average (-14.3%).
Return on Equity
High ROE: FDK's Return on Equity (12.7%) is considered low.