American States Water Company (AWR)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 70.08% | 69.59% | 69.77% | 70.21% | 71.61% | 73.01% | 72.63% | 70.73% | 67.25% | 66.54% | 66.16% | 66.33% | 67.72% | 73.77% | 73.66% | 73.76% | 73.54% | 72.92% | 75.18% | 76.41% |
| Operating profit margin | 30.98% | 31.28% | 31.25% | 32.40% | 33.03% | 31.80% | 30.74% | 28.19% | 25.76% | 26.73% | 27.13% | 27.53% | 28.26% | 27.69% | 27.27% | 27.23% | 26.73% | 26.40% | 26.97% | 27.55% |
| Pretax margin | 25.10% | 25.48% | 25.09% | 26.67% | 27.95% | 27.06% | 26.62% | 23.62% | 20.76% | 22.02% | 22.77% | 24.11% | 25.01% | 24.57% | 24.23% | 24.55% | 23.48% | 22.70% | 23.04% | 23.03% |
| Net profit margin | 20.03% | 19.26% | 18.85% | 19.95% | 20.97% | 20.66% | 20.24% | 18.12% | 15.95% | 16.59% | 17.05% | 18.20% | 18.91% | 18.60% | 18.39% | 18.46% | 17.70% | 17.38% | 17.66% | 17.78% |
American States Water Company has shown a consistent gross profit margin over the years, ranging from 66.16% to 76.41%. The trend indicates a slight decline over the past few quarters, with a value of 70.08% as of December 31, 2024.
The operating profit margin has exhibited fluctuations, starting at 26% in March 2020 and reaching a peak of 33.03% in December 2023. However, the margin dropped to 30.98% by December 31, 2024.
The pretax margin has also fluctuated, showing a gradual increase from 22.02% in September 2022 to 27.95% in December 2023. However, the margin declined slightly to 25.10% by December 31, 2024.
The net profit margin has followed a similar pattern, starting at 15.95% in December 2022 and peaking at 20.97% in December 2023. The margin slightly decreased to 20.03% by December 31, 2024.
Overall, American States Water Company has maintained stable profitability ratios, with some fluctuations observed in recent quarters. The company will need to monitor and address any downward trends to sustain its profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.38% | 7.46% | 7.55% | 8.05% | 8.76% | 8.59% | 8.32% | 7.45% | 6.22% | 6.51% | 6.74% | 7.05% | 7.42% | 7.48% | 7.45% | 7.54% | 7.28% | 7.30% | 7.59% | 7.98% |
| Return on assets (ROA) | 4.77% | 4.60% | 4.56% | 4.96% | 5.56% | 5.58% | 5.48% | 4.79% | 3.85% | 4.04% | 4.24% | 4.66% | 4.96% | 5.02% | 5.03% | 5.11% | 4.82% | 4.80% | 4.97% | 5.15% |
| Return on total capital | 12.34% | 12.71% | 12.96% | 14.39% | 15.48% | 14.92% | 14.23% | 12.20% | 11.17% | 11.33% | 11.64% | 12.77% | 13.44% | 13.50% | 13.51% | 13.27% | 12.68% | 12.24% | 14.83% | 15.26% |
| Return on equity (ROE) | 12.96% | 12.65% | 12.84% | 14.20% | 16.10% | 15.96% | 15.52% | 13.50% | 11.05% | 11.36% | 11.90% | 12.98% | 13.75% | 13.88% | 13.94% | 14.11% | 13.47% | 13.08% | 13.63% | 14.15% |
American States Water Company's profitability ratios have shown some fluctuations over the reported periods.
1. Operating return on assets (Operating ROA) has ranged from 6.22% to 8.76% over the periods, with a peak of 8.76% on December 31, 2023. The ratio indicates how effectively the company is generating operating income from its assets, with higher values reflecting better operational efficiency.
2. Return on assets (ROA) has varied between 3.85% and 5.56%, with the highest value recorded on December 31, 2023. This ratio measures the company's ability to generate profit from its total assets, including both operating and non-operating activities.
3. Return on total capital has fluctuated between 11.17% and 15.48%, peaking on December 31, 2023. This ratio evaluates the company's efficiency in generating returns from all sources of capital invested in the business.
4. Return on equity (ROE) has shown a range from 11.05% to 16.10%, with the highest value reported on December 31, 2023. ROE assesses the company's ability to generate profits from shareholders' equity, indicating the return earned on each dollar of equity capital.
Overall, American States Water Company has maintained profitability across the periods, with some fluctuations in the ratios reflecting changing market conditions and operational performance. These ratios provide insights into the company's financial health and efficiency in creating value for its shareholders.