American States Water Company (AWR)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 72.19% | 72.07% | 65.61% | 59.64% |
| Operating profit margin | 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% | 26.82% | 26.51% | 25.21% | 23.09% |
| Pretax margin | 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% | 23.00% | 22.49% | 21.36% | 19.09% |
| Net profit margin | 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% | 17.80% | 17.26% | 16.55% | 14.86% |
American States Water Co. has shown a consistent and strong performance in terms of profitability ratios over the past quarters. The company's gross profit margin has been consistently high, ranging from 81.09% to 82.48%, indicating efficient cost management and pricing strategies.
The operating profit margin has also been consistently strong, with figures ranging from 29.26% to 33.34%. This indicates that the company is effectively controlling its operating expenses and generating healthy profits from its core business operations.
Moreover, American States Water Co.'s pretax margin and net profit margin have shown a positive trend, reflecting the company's ability to generate profits before and after accounting for tax expenses. The pretax margin has steadily increased from 20.76% to 27.95%, while the net profit margin has ranged from 18.07% to 20.91%, demonstrating the company's efficiency in converting revenues into bottom-line profits.
Overall, the profitability ratios of American States Water Co. suggest that the company is effectively managing its costs, operating efficiently, and generating strong profits, which is a positive indicator of its financial health and performance.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 7.74% | 7.80% | 7.42% | 6.72% |
| Return on assets (ROA) | 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% | 5.14% | 5.08% | 4.87% | 4.32% |
| Return on total capital | 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% | 15.14% | 14.88% | 14.26% | 12.88% |
| Return on equity (ROE) | 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% | 14.02% | 13.66% | 13.20% | 11.74% |
American States Water Co. has shown consistent profitability over the past eight quarters based on the provided data. The Operating Return on Assets (Operating ROA) has been steadily increasing, indicating the company's ability to generate profits from its operating activities relative to its total assets. The Return on Assets (ROA) also demonstrates a positive trend, showing the company's effectiveness in generating earnings from its total assets.
Furthermore, the Return on Total Capital and Return on Equity (ROE) ratios have exhibited strong performance, with both ratios showing an upward trend over the quarters. This indicates that the company is efficiently utilizing its total capital and equity to generate returns for its shareholders.
Overall, the profitability ratios for American States Water Co. reflect a healthy financial performance and effectiveness in utilizing its assets and capital to generate profits.