American Water Works Company annual debt-to-equity ratio
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2025
American Water Works Company Debt-to-Equity Ratio Growth & History (AWK)
American Water Works Company's debt-to-equity ratio was 1.19 for fiscal 2025.
View full American Water Works Company company overviewAmerican Water Works Company annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.19 | −0.03 | −2.71% |
| 2024 | 2024-12-31 | 1.22 | 0.02 | +1.30% |
| 2023 | 2023-12-31 | 1.20 | −0.23 | −15.82% |
| 2022 | 2022-12-31 | 1.43 | 0.00 | +0.10% |
| 2021 | 2021-12-31 | 1.43 | −0.03 | −2.08% |
| 2020 | 2020-12-31 | 1.46 | 0.03 | +2.24% |
| 2019 | 2019-12-31 | 1.43 | 0.13 | +10.43% |
| 2018 | 2018-12-31 | 1.29 | 0.09 | +7.07% |
| 2017 | 2017-12-31 | 1.21 | 0.10 | +9.33% |
| 2016 | 2016-12-31 | 1.10 | −0.06 | −5.13% |
| 2015 | 2015-12-31 | 1.16 | 0.04 | +3.91% |
| 2014 | 2014-12-31 | 1.12 | 0.01 | +0.94% |
| 2013 | 2013-12-31 | 1.11 | −0.15 | −11.60% |
| 2012 | 2012-12-31 | 1.25 | −0.02 | −1.39% |
| 2011 | 2011-12-31 | 1.27 | −0.05 | −3.67% |
| 2010 | 2010-12-31 | 1.32 | −0.04 | −3.13% |
| 2009 | 2009-12-31 | 1.36 | — | — |
American Water Works Company quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.34 | 0.03 | +2.53% |
| Q1 2026 | 2026-03-31 | 1.29 | −0.08 | −5.80% |
| Q4 2025 | 2025-12-31 | 1.19 | −0.03 | −2.71% |
| Q3 2025 | 2025-09-30 | 1.29 | 0.05 | +4.32% |
| Q2 2025 | 2025-06-30 | 1.31 | 0.06 | +4.92% |
| Q1 2025 | 2025-03-31 | 1.37 | 0.10 | +8.13% |
| Q4 2024 | 2024-12-31 | 1.22 | 0.02 | +1.30% |
| Q3 2024 | 2024-09-30 | 1.24 | 0.05 | +4.19% |
| Q2 2024 | 2024-06-30 | 1.24 | 0.04 | +3.36% |
| Q1 2024 | 2024-03-31 | 1.26 | 0.16 | +14.29% |
| Q4 2023 | 2023-12-31 | 1.20 | −0.23 | −15.82% |
| Q3 2023 | 2023-09-30 | 1.19 | −0.31 | −20.81% |
| Q2 2023 | 2023-06-30 | 1.20 | −0.32 | −20.92% |
| Q1 2023 | 2023-03-31 | 1.11 | −0.33 | −23.25% |
| Q4 2022 | 2022-12-31 | 1.43 | 0.00 | +0.10% |
| Q3 2022 | 2022-09-30 | 1.50 | −0.12 | −7.21% |
| Q2 2022 | 2022-06-30 | 1.52 | −0.13 | −7.67% |
| Q1 2022 | 2022-03-31 | 1.44 | −0.16 | −9.89% |
| Q4 2021 | 2021-12-31 | 1.43 | −0.03 | −2.08% |
| Q3 2021 | 2021-09-30 | 1.62 | −0.03 | −1.55% |
| Q2 2021 | 2021-06-30 | 1.65 | −0.02 | −1.37% |
| Q1 2021 | 2021-03-31 | 1.60 | −0.06 | −3.56% |
| Q4 2020 | 2020-12-31 | 1.46 | 0.03 | +2.24% |
| Q3 2020 | 2020-09-30 | 1.64 | 0.16 | +10.53% |
| Q2 2020 | 2020-06-30 | 1.67 | 0.16 | +10.26% |
| Q1 2020 | 2020-03-31 | 1.66 | 0.16 | +10.94% |
| Q4 2019 | 2019-12-31 | 1.43 | 0.13 | +10.43% |
| Q3 2019 | 2019-09-30 | 1.49 | 0.10 | +7.17% |
| Q2 2019 | 2019-06-30 | 1.52 | 0.12 | +8.77% |
| Q1 2019 | 2019-03-31 | 1.49 | 0.10 | +7.47% |
| Q4 2018 | 2018-12-31 | 1.29 | 0.09 | +7.07% |
| Q3 2018 | 2018-09-30 | 1.39 | 0.16 | +13.05% |
| Q2 2018 | 2018-06-30 | 1.39 | 0.14 | +10.88% |
| Q1 2018 | 2018-03-31 | 1.39 | 0.12 | +9.32% |
| Q4 2017 | 2017-12-31 | 1.21 | 0.10 | +9.33% |
| Q3 2017 | 2017-09-30 | 1.23 | −0.07 | −5.33% |
| Q2 2017 | 2017-06-30 | 1.26 | −0.06 | −4.75% |
| Q1 2017 | 2017-03-31 | 1.27 | −0.04 | −3.37% |
| Q4 2016 | 2016-12-31 | 1.10 | −0.06 | −5.13% |
| Q3 2016 | 2016-09-30 | 1.30 | 0.07 | +5.98% |
| Q2 2016 | 2016-06-30 | 1.32 | 0.08 | +6.64% |
| Q1 2016 | 2016-03-31 | 1.32 | 0.12 | +10.02% |
| Q4 2015 | 2015-12-31 | 1.16 | 0.04 | +3.91% |
| Q3 2015 | 2015-09-30 | 1.22 | 0.02 | +1.86% |
| Q2 2015 | 2015-06-30 | 1.24 | 0.02 | +1.61% |
| Q1 2015 | 2015-03-31 | 1.20 | −0.02 | −2.01% |
| Q4 2014 | 2014-12-31 | 1.12 | 0.01 | +0.94% |
| Q3 2014 | 2014-09-30 | 1.20 | −0.02 | −1.98% |
| Q2 2014 | 2014-06-30 | 1.22 | −0.04 | −3.36% |
| Q1 2014 | 2014-03-31 | 1.22 | −0.03 | −2.34% |
| Q4 2013 | 2013-12-31 | 1.11 | −0.15 | −11.60% |
| Q3 2013 | 2013-09-30 | 1.23 | −0.02 | −1.22% |
| Q2 2013 | 2013-06-30 | 1.26 | −0.06 | −4.23% |
| Q1 2013 | 2013-03-31 | 1.25 | −0.05 | −3.88% |
| Q4 2012 | 2012-12-31 | 1.25 | −0.02 | −1.39% |
| Q3 2012 | 2012-09-30 | 1.24 | −0.03 | −2.01% |
| Q2 2012 | 2012-06-30 | 1.32 | 0.02 | +1.45% |
| Q1 2012 | 2012-03-31 | 1.30 | −0.07 | −5.25% |
| Q4 2011 | 2011-12-31 | 1.27 | −0.05 | −3.67% |
| Q3 2011 | 2011-09-30 | 1.27 | −0.09 | −6.44% |
| Q2 2011 | 2011-06-30 | 1.30 | −0.09 | −6.59% |
| Q1 2011 | 2011-03-31 | 1.37 | — | — |
| Q4 2010 | 2010-12-31 | 1.32 | −0.04 | −3.13% |
| Q3 2010 | 2010-09-30 | 1.35 | — | — |
| Q2 2010 | 2010-06-30 | 1.39 | — | — |
| Q4 2009 | 2009-12-31 | 1.36 | — | — |
American Water Works Company debt-to-equity ratio trends
Over the last five fiscal years, American Water Works Company's debt-to-equity ratio decreased from 1.46 to 1.19, a change of −0.27. The latest reported quarter, Q2 2026, shows 1.34.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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