Company / Operating Margin
American Water Works Operating Margin History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
36.7%
FY2025
5-year range
33.3% / 36.9%
FY2021-FY2025
Trend
-0.6%
vs FY2024
Sector context
#7 of 61
Utilities
What the data says
American Water Works's operating margin of 36.7% is higher than 89% of companies in the Utilities sector (FY2025). Operating Margin has fluctuated over the past 8 years, ranging from 31.8% in FY2018 to 36.9% in FY2024.
Based on SEC 10-K filings.
36.7% in FY2025 with a 5-year CAGR of +3.4%. Top quartile in the Utilities sector.
Improved from 35.7% to 36.7% over the past 2 years.
Utilities sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +3.4pp
- 5-Year Change
- +3.4pp
- 10-Year Change
- -
Sector benchmark
Top 11% in UtilitiesTop 11% of 61This company 36.7% Sector average 21.7%
▼
+69.4% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 0.6% year-over-year.
- Currently 15.0pp above the Utilities sector average.
- Peak operating margin was recorded in FY2024.
- Lowest operating margin in the period was in FY2018.
Company context
Key Data Points
- Altman Z-Score 0.50 (distress zone, below 1.8 threshold)
- Strong profit margin: 22.6%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 36.7% | -0.6% |
| FY2024 | 36.9% | +3.5% |
| FY2023 | 35.7% | +7.0% |
| FY2022 | 33.3% | -1.5% |
| FY2021 | 33.8% | +1.5% |
| FY2020 | 33.3% | -4.6% |
| FY2019 | 34.9% | +10.0% |
| FY2018 | 31.8% | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026