American Water Works (AWK)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,051,000 | 983,000 | 956,000 | 959,000 | 944,000 | 920,000 | 894,000 | 832,000 | 820,000 | 1,318,000 | 1,299,000 | 1,288,000 | 1,263,000 | 763,000 | 749,000 | 718,000 | 709,000 | 662,000 | 638,000 | 632,000 |
| Total stockholders’ equity | US$ in thousands | 10,332,000 | 10,362,000 | 10,152,000 | 10,007,000 | 9,797,000 | 9,897,000 | 9,701,000 | 9,547,000 | 7,693,000 | 7,758,000 | 7,570,000 | 7,460,000 | 7,298,000 | 6,866,000 | 6,690,000 | 6,583,000 | 6,454,000 | 6,512,000 | 6,338,000 | 6,243,000 |
| ROE | 10.17% | 9.49% | 9.42% | 9.58% | 9.64% | 9.30% | 9.22% | 8.71% | 10.66% | 16.99% | 17.16% | 17.27% | 17.31% | 11.11% | 11.20% | 10.91% | 10.99% | 10.17% | 10.07% | 10.12% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,051,000K ÷ $10,332,000K
= 10.17%
American Water Works' Return on Equity (ROE) has shown a fluctuating trend over the past few years. It started at around 10% in the first quarter of 2020 and remained relatively stable around this level until the end of 2021. However, there was a significant increase in ROE in the last quarter of 2021, reaching 17.31%.
Subsequently, ROE experienced a slight decline in the following quarters of 2022 and 2023 but stayed within the range of 8-10%. There was a noticeable drop in ROE in the second quarter of 2022, reaching 8.71%, the lowest point during this period.
ROE improved in the last quarter of 2023 and continued to increase in the first half of 2024, reaching a level of around 9.42-10.17%. Overall, American Water Works' ROE has demonstrated resilience with some fluctuations, highlighting the company's ability to generate profits from shareholders' equity during this period.
Peer comparison
Dec 31, 2024