Company / Interest Expense
American States Water Company Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$42.8M
FY2023
5-year range
$22.8M / $42.8M
FY2019-FY2023
Trend
+58.2%
vs FY2022
Sector context
#29 of 31
Utilities
What the data says
Among 31 Utilities companies, American States Water Company is in the top 6% for interest expense. Interest Expense has increased for 3 consecutive years, from $23M in FY2020 to $43M in FY2023.
Based on SEC 10-K filings.
$43M in FY2023 with a 5-year CAGR of +12.8%.
Increased from $23M to $43M over the past 2 years.
Utilities sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +23.8%
- 5-Year CAGR
- +12.8%
- 10-Year CAGR
- -
Sector benchmark
Top 6% in UtilitiesTop 6% of 31This company $42.8M Sector average $686.7M
▼
-93.8% below sector average
Key checks
Key Insights
- American States Water Company's interest expense has grown for 3 consecutive years.
- 5-year CAGR of +12.8%, indicating consistent growth.
- In FY2023, interest expense increased 58.2% year-over-year.
- Ranks #29 out of 31 companies in the Utilities sector.
Company context
Key Data Points
- Altman Z-Score 0.75 (distress zone, below 1.8 threshold)
- Strong profit margin: 20.4%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $42.8M | +58.2% |
| FY2022 | $27.0M | +18.4% |
| FY2021 | $22.8M | +1.3% |
| FY2020 | $22.5M | -8.4% |
| FY2019 | $24.6M | +4.9% |
| FY2018 | $23.4M | +3.8% |
| FY2017 | $22.6M | +2.7% |
| FY2016 | $22.0M | +4.3% |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026