American States Water annual operating margin
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2025
American States Water Operating Margin Growth & History (AWR)
American States Water's operating margin was 148.66% for fiscal 2025.
View full American States Water company overviewAmerican States Water annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 148.66% | +2.71 pp |
| 2024 | 2024-12-31 | 145.95% | −17.47 pp |
| 2023 | 2023-12-31 | 163.41% | +49.27 pp |
| 2022 | 2022-12-31 | 114.15% | −10.17 pp |
| 2021 | 2021-12-31 | 124.32% | +16.10 pp |
| 2020 | 2020-12-31 | 108.22% | −2.77 pp |
| 2019 | 2019-12-31 | 110.99% | +16.80 pp |
| 2018 | 2018-12-31 | 94.19% | −32.52 pp |
| 2017 | 2017-12-31 | 126.71% | +100.53 pp |
| 2016 | 2016-12-31 | 26.19% | +0.35 pp |
| 2015 | 2015-12-31 | 25.83% | +0.28 pp |
| 2014 | 2014-12-31 | 25.56% | +0.33 pp |
| 2013 | 2013-12-31 | 25.22% | +1.43 pp |
| 2012 | 2012-12-31 | 23.79% | +1.15 pp |
| 2011 | 2011-12-31 | 22.65% | +4.18 pp |
| 2010 | 2010-12-31 | 18.47% | −1.02 pp |
| 2009 | 2009-12-31 | 19.49% | — |
American States Water quarterly operating margin
Q2.10
Q3.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q1.18
Q2.18
Q3.18
Q1.19
Q2.19
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Q1.20
Q2.20
Q3.20
Q1.21
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Q3.21
Q1.22
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q1.24
Q2.24
Q3.24
Q1.25
Q2.25
Q3.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 35.29% | +4.51 pp |
| Q1 2026 | 2026-03-31 | 30.36% | −3.68 pp |
| Q3 2025 | 2025-09-30 | 33.79% | +0.47 pp |
| Q2 2025 | 2025-06-30 | 31.25% | +2.43 pp |
| Q1 2025 | 2025-03-31 | 30.77% | −3.34 pp |
| Q3 2024 | 2024-09-30 | 34.04% | −3.41 pp |
| Q2 2024 | 2024-06-30 | 33.32% | +1.62 pp |
| Q1 2024 | 2024-03-31 | 28.82% | −1.07 pp |
| Q3 2023 | 2023-09-30 | 34.11% | +6.13 pp |
| Q2 2023 | 2023-06-30 | 37.45% | +15.01 pp |
| Q1 2023 | 2023-03-31 | 31.70% | +0.41 pp |
| Q3 2022 | 2022-09-30 | 29.89% | +0.41 pp |
| Q2 2022 | 2022-06-30 | 27.99% | +2.08 pp |
| Q1 2022 | 2022-03-31 | 22.44% | −7.33 pp |
| Q3 2021 | 2021-09-30 | 31.29% | +1.84 pp |
| Q2 2021 | 2021-06-30 | 29.47% | +5.91 pp |
| Q1 2021 | 2021-03-31 | 25.91% | −5.86 pp |
| Q3 2020 | 2020-09-30 | 29.78% | −1.86 pp |
| Q2 2020 | 2020-06-30 | 29.45% | +9.60 pp |
| Q1 2020 | 2020-03-31 | 23.56% | −3.80 pp |
| Q3 2019 | 2019-09-30 | 31.77% | +7.85 pp |
| Q2 2019 | 2019-06-30 | 31.63% | +11.90 pp |
| Q1 2019 | 2019-03-31 | 19.85% | −11.12 pp |
| Q3 2018 | 2018-09-30 | 27.36% | −9.77 pp |
| Q2 2018 | 2018-06-30 | 23.92% | −0.95 pp |
| Q1 2018 | 2018-03-31 | 19.73% | −0.46 pp |
| Q3 2017 | 2017-09-30 | 30.97% | −1.03 pp |
| Q2 2017 | 2017-06-30 | 37.13% | +8.75 pp |
| Q1 2017 | 2017-03-31 | 24.87% | +2.17 pp |
| Q4 2016 | 2016-12-31 | 20.19% | +0.32 pp |
| Q3 2016 | 2016-09-30 | 32.00% | +1.03 pp |
| Q2 2016 | 2016-06-30 | 28.38% | +1.74 pp |
| Q1 2016 | 2016-03-31 | 22.70% | −1.96 pp |
| Q4 2015 | 2015-12-31 | 19.87% | −3.23 pp |
| Q3 2015 | 2015-09-30 | 30.97% | +2.13 pp |
| Q2 2015 | 2015-06-30 | 26.64% | −0.17 pp |
| Q1 2015 | 2015-03-31 | 24.66% | +2.33 pp |
| Q4 2014 | 2014-12-31 | 23.10% | +3.40 pp |
| Q3 2014 | 2014-09-30 | 28.84% | +1.22 pp |
| Q2 2014 | 2014-06-30 | 26.81% | −0.78 pp |
| Q1 2014 | 2014-03-31 | 22.33% | −2.96 pp |
| Q4 2013 | 2013-12-31 | 19.70% | +0.76 pp |
| Q3 2013 | 2013-09-30 | 27.62% | +0.38 pp |
| Q2 2013 | 2013-06-30 | 27.59% | +1.29 pp |
| Q1 2013 | 2013-03-31 | 25.29% | +3.43 pp |
| Q4 2012 | 2012-12-31 | 18.94% | +2.75 pp |
| Q3 2012 | 2012-09-30 | 27.25% | +0.16 pp |
| Q2 2012 | 2012-06-30 | 26.29% | −0.24 pp |
| Q1 2012 | 2012-03-31 | 21.86% | +2.78 pp |
| Q4 2011 | 2011-12-31 | 16.19% | +1.00 pp |
| Q3 2011 | 2011-09-30 | 27.08% | +4.93 pp |
| Q2 2011 | 2011-06-30 | 26.53% | — |
| Q1 2011 | 2011-03-31 | 19.08% | — |
| Q3 2010 | 2010-09-30 | 15.18% | — |
| Q2 2010 | 2010-06-30 | 22.15% | — |
American States Water operating margin trends
Over the last five reported fiscal years, American States Water's operating margin increased from 108.22% to 148.66%, a change of +40.43 percentage points. The latest reported quarter, Q2 2026, shows 35.29%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American States Water filings at SEC.gov ↗