American States Water annual debt-to-equity ratio
2010
2011
2012
2013
2014
2015
2016
2017
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2019
2020
2021
2022
2023
2024
2025
American States Water Debt-to-Equity Ratio Growth & History (AWR)
American States Water's debt-to-equity ratio was 0.77 for fiscal 2025.
View full American States Water company overviewAmerican States Water annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.77 | 0.06 | +8.01% |
| 2024 | 2024-12-31 | 0.71 | −0.05 | −6.34% |
| 2023 | 2023-12-31 | 0.76 | 0.11 | +16.68% |
| 2022 | 2022-12-31 | 0.65 | 0.03 | +4.29% |
| 2021 | 2021-12-31 | 0.62 | −0.09 | −12.44% |
| 2020 | 2020-12-31 | 0.71 | 0.21 | +43.28% |
| 2019 | 2019-12-31 | 0.50 | −0.09 | −14.82% |
| 2018 | 2018-12-31 | 0.58 | −0.03 | −5.15% |
| 2017 | 2017-12-31 | 0.61 | −0.04 | −6.82% |
| 2016 | 2016-12-31 | 0.66 | −0.04 | −5.81% |
| 2015 | 2015-12-31 | 0.70 | 0.06 | +8.69% |
| 2014 | 2014-12-31 | 0.64 | −0.03 | −4.68% |
| 2013 | 2013-12-31 | 0.68 | −0.06 | −8.62% |
| 2012 | 2012-12-31 | 0.74 | −0.09 | −11.39% |
| 2011 | 2011-12-31 | 0.83 | 0.04 | +4.84% |
| 2010 | 2010-12-31 | 0.80 | — | — |
American States Water 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 | 0.65 | −0.17 | −21.10% |
| Q1 2026 | 2026-03-31 | 0.74 | 0.01 | +1.78% |
| Q4 2025 | 2025-12-31 | 0.77 | 0.06 | +8.01% |
| Q3 2025 | 2025-09-30 | 0.79 | 0.05 | +7.00% |
| Q2 2025 | 2025-06-30 | 0.82 | 0.04 | +5.37% |
| Q1 2025 | 2025-03-31 | 0.73 | 0.00 | +0.14% |
| Q4 2024 | 2024-12-31 | 0.71 | −0.05 | −6.34% |
| Q3 2024 | 2024-09-30 | 0.74 | −0.02 | −2.57% |
| Q2 2024 | 2024-06-30 | 0.78 | 0.00 | +0.34% |
| Q1 2024 | 2024-03-31 | 0.73 | −0.07 | −9.08% |
| Q4 2023 | 2023-12-31 | 0.76 | 0.11 | +16.68% |
| Q3 2023 | 2023-09-30 | 0.76 | 0.11 | +17.12% |
| Q2 2023 | 2023-06-30 | 0.78 | 0.12 | +17.76% |
| Q1 2023 | 2023-03-31 | 0.80 | 0.19 | +30.39% |
| Q4 2022 | 2022-12-31 | 0.65 | 0.03 | +4.29% |
| Q3 2022 | 2022-09-30 | 0.65 | 0.02 | +3.69% |
| Q2 2022 | 2022-06-30 | 0.66 | 0.02 | +3.25% |
| Q1 2022 | 2022-03-31 | 0.61 | −0.08 | −11.57% |
| Q4 2021 | 2021-12-31 | 0.62 | −0.09 | −12.44% |
| Q3 2021 | 2021-09-30 | 0.62 | −0.09 | −12.57% |
| Q2 2021 | 2021-06-30 | 0.64 | 0.16 | +34.62% |
| Q1 2021 | 2021-03-31 | 0.70 | 0.21 | +42.99% |
| Q4 2020 | 2020-12-31 | 0.71 | 0.21 | +43.28% |
| Q3 2020 | 2020-09-30 | 0.71 | 0.22 | +44.30% |
| Q2 2020 | 2020-06-30 | 0.47 | −0.03 | −6.35% |
| Q1 2020 | 2020-03-31 | 0.49 | −0.03 | −5.16% |
| Q4 2019 | 2019-12-31 | 0.50 | −0.09 | −14.82% |
| Q3 2019 | 2019-09-30 | 0.49 | −0.09 | −14.71% |
| Q2 2019 | 2019-06-30 | 0.51 | −0.09 | −15.14% |
| Q1 2019 | 2019-03-31 | 0.51 | −0.09 | −15.21% |
| Q4 2018 | 2018-12-31 | 0.58 | −0.03 | −5.15% |
| Q3 2018 | 2018-09-30 | 0.58 | −0.03 | −5.10% |
| Q2 2018 | 2018-06-30 | 0.60 | −0.03 | −4.84% |
| Q1 2018 | 2018-03-31 | 0.60 | −0.04 | −6.30% |
| Q4 2017 | 2017-12-31 | 0.61 | −0.04 | −6.82% |
| Q3 2017 | 2017-09-30 | 0.61 | −0.04 | −6.64% |
| Q2 2017 | 2017-06-30 | 0.63 | −0.05 | −7.06% |
| Q1 2017 | 2017-03-31 | 0.65 | −0.04 | −6.11% |
| Q4 2016 | 2016-12-31 | 0.66 | −0.04 | −5.81% |
| Q3 2016 | 2016-09-30 | 0.65 | −0.04 | −5.60% |
| Q2 2016 | 2016-06-30 | 0.67 | −0.01 | −1.26% |
| Q1 2016 | 2016-03-31 | 0.69 | 0.03 | +4.85% |
| Q4 2015 | 2015-12-31 | 0.70 | 0.06 | +8.69% |
| Q3 2015 | 2015-09-30 | 0.69 | 0.07 | +11.57% |
| Q2 2015 | 2015-06-30 | 0.68 | 0.01 | +1.73% |
| Q1 2015 | 2015-03-31 | 0.66 | −0.01 | −2.20% |
| Q4 2014 | 2014-12-31 | 0.64 | −0.03 | −4.68% |
| Q3 2014 | 2014-09-30 | 0.62 | −0.07 | −9.82% |
| Q2 2014 | 2014-06-30 | 0.67 | −0.05 | −7.01% |
| Q1 2014 | 2014-03-31 | 0.67 | −0.06 | −7.85% |
| Q4 2013 | 2013-12-31 | 0.68 | −0.06 | −8.62% |
| Q3 2013 | 2013-09-30 | 0.69 | −0.08 | −10.20% |
| Q2 2013 | 2013-06-30 | 0.72 | −0.08 | −9.87% |
| Q1 2013 | 2013-03-31 | 0.73 | −0.09 | −11.38% |
| Q4 2012 | 2012-12-31 | 0.74 | −0.09 | −11.39% |
| Q3 2012 | 2012-09-30 | 0.77 | −0.07 | −8.79% |
| Q2 2012 | 2012-06-30 | 0.80 | −0.07 | −7.74% |
| Q1 2012 | 2012-03-31 | 0.82 | — | — |
| Q4 2011 | 2011-12-31 | 0.83 | 0.04 | +4.84% |
| Q3 2011 | 2011-09-30 | 0.84 | — | — |
| Q2 2011 | 2011-06-30 | 0.87 | — | — |
| Q4 2010 | 2010-12-31 | 0.80 | — | — |
American States Water debt-to-equity ratio trends
Over the last five fiscal years, American States Water's debt-to-equity ratio increased from 0.71 to 0.77, a change of 0.06. The latest reported quarter, Q2 2026, shows 0.65.
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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