American States Water Return on Equity (ROE) Growth & History (AWR)
American States Water's return on equity was 13.27% for fiscal 2025.
View full American States Water company overviewAmerican States Water annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 13.27% | −0.79 pp |
| 2024 | 2024-12-31 | 14.06% | −2.75 pp |
| 2023 | 2023-12-31 | 16.82% | +5.58 pp |
| 2022 | 2022-12-31 | 11.24% | −2.98 pp |
| 2021 | 2021-12-31 | 14.21% | +0.31 pp |
| 2020 | 2020-12-31 | 13.90% | −0.64 pp |
| 2019 | 2019-12-31 | 14.54% | +2.81 pp |
| 2018 | 2018-12-31 | 11.74% | −1.81 pp |
| 2017 | 2017-12-31 | 13.55% | +1.10 pp |
| 2016 | 2016-12-31 | 12.44% | +0.01 pp |
| 2015 | 2015-12-31 | 12.44% | +0.21 pp |
| 2014 | 2014-12-31 | 12.22% | −1.02 pp |
| 2013 | 2013-12-31 | 13.24% | +0.69 pp |
| 2012 | 2012-12-31 | 12.55% | +0.88 pp |
| 2011 | 2011-12-31 | 11.67% | +2.66 pp |
| 2010 | 2010-12-31 | 9.01% | — |
American States Water quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.96% | +0.47 pp |
| Q1 2026 | 2026-03-31 | 2.84% | −0.02 pp |
| Q4 2025 | 2025-12-31 | 2.80% | −0.36 pp |
| Q3 2025 | 2025-09-30 | 4.15% | −0.03 pp |
| Q2 2025 | 2025-06-30 | 3.49% | −0.41 pp |
| Q1 2025 | 2025-03-31 | 2.86% | −0.07 pp |
| Q4 2024 | 2024-12-31 | 3.16% | +0.52 pp |
| Q3 2024 | 2024-09-30 | 4.18% | +0.05 pp |
| Q2 2024 | 2024-06-30 | 3.90% | −1.28 pp |
| Q1 2024 | 2024-03-31 | 2.93% | −1.84 pp |
| Q4 2023 | 2023-12-31 | 2.64% | +0.01 pp |
| Q3 2023 | 2023-09-30 | 4.14% | +0.47 pp |
| Q2 2023 | 2023-06-30 | 5.18% | +2.30 pp |
| Q1 2023 | 2023-03-31 | 4.78% | +2.72 pp |
| Q4 2022 | 2022-12-31 | 2.63% | −0.35 pp |
| Q3 2022 | 2022-09-30 | 3.67% | −0.53 pp |
| Q2 2022 | 2022-06-30 | 2.89% | −1.16 pp |
| Q1 2022 | 2022-03-31 | 2.06% | −0.92 pp |
| Q4 2021 | 2021-12-31 | 2.98% | −0.19 pp |
| Q3 2021 | 2021-09-30 | 4.19% | −0.04 pp |
| Q2 2021 | 2021-06-30 | 4.05% | −0.14 pp |
| Q1 2021 | 2021-03-31 | 2.98% | +0.65 pp |
| Q4 2020 | 2020-12-31 | 3.17% | +0.38 pp |
| Q3 2020 | 2020-09-30 | 4.23% | −0.53 pp |
| Q2 2020 | 2020-06-30 | 4.19% | −0.51 pp |
| Q1 2020 | 2020-03-31 | 2.33% | +0.04 pp |
| Q4 2019 | 2019-12-31 | 2.79% | +0.31 pp |
| Q3 2019 | 2019-09-30 | 4.77% | +0.57 pp |
| Q2 2019 | 2019-06-30 | 4.70% | +1.64 pp |
| Q1 2019 | 2019-03-31 | 2.30% | +0.26 pp |
| Q4 2018 | 2018-12-31 | 2.48% | +0.04 pp |
| Q3 2018 | 2018-09-30 | 4.20% | +0.15 pp |
| Q2 2018 | 2018-06-30 | 3.05% | −1.46 pp |
| Q1 2018 | 2018-03-31 | 2.03% | −0.53 pp |
| Q4 2017 | 2017-12-31 | 2.44% | +0.16 pp |
| Q3 2017 | 2017-09-30 | 4.04% | −0.43 pp |
| Q2 2017 | 2017-06-30 | 4.51% | +0.96 pp |
| Q1 2017 | 2017-03-31 | 2.56% | +0.39 pp |
| Q4 2016 | 2016-12-31 | 2.28% | −0.20 pp |
| Q3 2016 | 2016-09-30 | 4.47% | +0.02 pp |
| Q2 2016 | 2016-06-30 | 3.55% | +0.34 pp |
| Q1 2016 | 2016-03-31 | 2.17% | −0.24 pp |
| Q4 2015 | 2015-12-31 | 2.48% | −0.18 pp |
| Q3 2015 | 2015-09-30 | 4.45% | +0.24 pp |
| Q2 2015 | 2015-06-30 | 3.21% | +0.11 pp |
| Q1 2015 | 2015-03-31 | 2.42% | +0.19 pp |
| Q4 2014 | 2014-12-31 | 2.66% | +0.25 pp |
| Q3 2014 | 2014-09-30 | 4.21% | −0.17 pp |
| Q2 2014 | 2014-06-30 | 3.10% | −0.48 pp |
| Q1 2014 | 2014-03-31 | 2.23% | −0.71 pp |
| Q4 2013 | 2013-12-31 | 2.41% | +0.13 pp |
| Q3 2013 | 2013-09-30 | 4.38% | +0.11 pp |
| Q2 2013 | 2013-06-30 | 3.58% | −0.00 pp |
| Q1 2013 | 2013-03-31 | 2.94% | +0.48 pp |
| Q4 2012 | 2012-12-31 | 2.28% | +0.63 pp |
| Q3 2012 | 2012-09-30 | 4.26% | +0.35 pp |
| Q2 2012 | 2012-06-30 | 3.58% | −0.56 pp |
| Q1 2012 | 2012-03-31 | 2.46% | — |
| Q4 2011 | 2011-12-31 | 1.65% | — |
| Q3 2011 | 2011-09-30 | 3.91% | — |
| Q2 2011 | 2011-06-30 | 4.14% | — |
American States Water return on equity trends
Over the last five fiscal years, American States Water's return on equity decreased from 13.90% to 13.27%, a change of −0.63 percentage points. The latest reported quarter, Q2 2026, shows 3.96%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American States Water source filings ↗