Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenue | $3,743 | $3,914 | $3,763 | $4,217 | $4,653 |
Gross Profit | N/A | N/A | N/A | N/A | N/A |
Operating Income | $1,248 | $1,196 | $1,273 | $1,504 | $1,718 |
Net Income | $709 | $1,263 | $820 | $944 | $1,051 |
Edwyn
Over the five-year period, American Water Works Company, Inc. demonstrated overall revenue growth with some fluctuations. Revenues increased from USD 3,743 million in 2020 to USD 4,653 million in 2024, reflecting a compounded positive trend despite minor declines, notably a drop from USD 3,914 million in 2021 to USD 3,763 million in 2022. While gross profit data was not provided, operating income moved from USD 1,248 million in 2020 to USD 1,718 million in 2024. Notably, operating income dipped slightly from USD 1,248 million in 2020 to USD 1,196 million in 2021—a decline of roughly 4%—but rebounded steadily each subsequent year, reaching a 38% increase over the 2020 level by 2024. This indicates improved operational efficiency and potential cost management enhancements over the period. Net income trends were somewhat mixed. The net income of USD 709 million in 2020 surged by nearly 78% to USD 1,263 million in 2021, which is a significant one-year jump likely reflecting favorable market conditions or benefits from specific operational or financial adjustments. However, net income then declined by approximately 35% to USD 820 million in 2022 before recovering to USD 944 million in 2023 and further rising to USD 1,051 million in 2024. These fluctuations suggest that while the company maintained solid fundamentals, it experienced occasional volatility in profitability possibly driven by non-operational factors or one-off adjustments. Overall, American Water Works Company exhibits a robust financial profile, with sustainable revenue and operating income growth reinforcing its resilience in the utilities industry, an area known for stability due to its essential service nature.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.