Recent Updates — AWK
American Water Works reported second quarter 2026 adjusted diluted earnings per share of $1.61, up from $1.49 in the prior year period. Year-to-date adjusted EPS reached $2.62 compared to $2.51 in 2025. The company affirmed its full-year 2026 adjusted EPS guidance range of $6.02 to $6.12 and long-term growth targets of 7-9%. Operating revenues increased by $90 million for the quarter, driven by authorized rate increases and acquisition activity. Capital investment totaled $1.8 billion in the first half of 2026, supporting a full-year plan of approximately $3.7 billion. Progress continues on the proposed merger with Essential Utilities, which has received regulatory approval in three states. Additionally, the Board declared a quarterly cash dividend of $0.8950 per share, payable September 1, 2026 to shareholders of record as of August 11, 2026. American Water Works is the largest regulated water and wastewater utility company in the United States.
Pennsylvania American Water, a subsidiary of American Water Works Company, Inc., received approval from the Pennsylvania Public Utility Commission for an annual revenue increase of approximately $74.9 million. This rate adjustment is intended to support critical infrastructure improvements, including PFAS treatment expansion and lead service line elimination. American Water Works Company, Inc. is a regulated water and wastewater utility company.
Missouri American Water, a subsidiary of American Water Works Company, Inc., filed a rate request with the Missouri Public Service Commission seeking approximately $179 million in annualized incremental revenue, excluding $32 million in infrastructure surcharges. The request is based on a 10.50% return on equity and a capital structure of 50.3% equity and 49.7% long-term debt, driven by $1.6 billion in capital investments planned through May 2028. American Water Works Company, Inc. is a water and wastewater utility provider.
Missouri American Water, a subsidiary of American Water Works Company, Inc., filed a rate request with the Missouri Public Service Commission seeking approximately $179 million in annualized incremental revenue, excluding $32 million in infrastructure surcharges. The request is based on a 10.50% return on equity and a capital structure of 50.3% equity and 49.7% long-term debt, driven by $1.6 billion in capital investments planned through May 2028. American Water Works Company, Inc. is a water and wastewater utility provider.
American Water Works Company, Inc. announced partial settlement agreements in two general rate cases for its subsidiaries. California-American Water Company reached a settlement with the CPUC to receive incremental annualized water and wastewater revenue of $24 million in 2027, $21 million in 2028, and $22 million in 2029. Virginia-American Water entered a stipulation of settlement with the VSCC for a $16 million annualized revenue increase, establishing a 9.75% return on equity and a 51.79% equity capital structure. American Water Works Company, Inc. is a water and wastewater utility provider.
American Water Works Company, Inc. has completed the acquisition of regulated water and wastewater system assets from Nexus Regulated Utilities, LLC for an aggregate purchase price of approximately $315 million. The transaction adds an estimated $200 million in aggregate rate base and approximately 47,000 customer connections to the company's regulated businesses.