AWR vs WTRG
American States Water Co. and Essential Utilities, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AWR | WTRG |
|---|---|---|
| Revenue | $658.1M | $2.5B |
| Net income | $130.4M | $616.4M |
| Gross margin | 90.8% | · |
| Net margin | 19.8% | 24.9% |
| Return on equity | 13.3% | 9.4% |
| Diluted EPS | $3.37 | $2.20 |
| Dividend / share | $1.94 | $1.34 |
| Payout ratio | 57.2% | 60.6% |
| Free cash flow | $-7.1M | · |
| Equity | $1.0B | $6.9B |
| Net debt / equity | 0.73× | 1.18× |
| Current ratio | 1.32× | 0.80× |
| Revenue CAGR 5y | 6.2% | 11.1% |
| Profit CAGR 5y | 8.6% | 16.7% |
WTRG bills 3.8× the revenue of AWR, and keeps more of each dollar of revenue as profit (24.9% against 19.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AWR | WTRG |
|---|---|---|
| FY2025 | $658.1M | $2.5B |
| FY2024 | $595.5M | $2.1B |
| FY2023 | $595.7M | $2.1B |
| FY2022 | $491.5M | $2.3B |
| FY2021 | $498.9M | $1.9B |
| FY2020 | $488.2M | $1.5B |
| FY2019 | $473.9M | $889.7M |
| FY2018 | $436.8M | $838.1M |
| FY2017 | $440.6M | $809.5M |
| FY2016 | $436.1M | $819.9M |
Bottom line
| Fiscal year | AWR | WTRG |
|---|---|---|
| FY2025 | $130.4M | $616.4M |
| FY2024 | $119.3M | $595.3M |
| FY2023 | $124.9M | $498.2M |
| FY2022 | $78.4M | $465.2M |
| FY2021 | $94.3M | $431.6M |
| FY2020 | $86.4M | $284.8M |
| FY2019 | $84.3M | $224.5M |
| FY2018 | $63.9M | $192.0M |
| FY2017 | $69.4M | $239.7M |
| FY2016 | $59.7M | $234.2M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$1,816,542,000 | WTRG |
| FY2024 | −$1,490,654,000 | WTRG |
| FY2023 | −$1,458,125,000 | WTRG |
| FY2022 | −$1,796,504,000 | WTRG |
| FY2021 | −$1,379,291,000 | WTRG |
| FY2020 | −$974,455,000 | WTRG |
| FY2019 | −$415,823,000 | WTRG |
| FY2018 | −$401,275,000 | WTRG |
| FY2017 | −$368,922,000 | WTRG |
| FY2016 | −$383,788,000 | WTRG |
| FY2015 | −$355,563,000 | WTRG |
| FY2014 | −$314,112,000 | WTRG |
| FY2013 | −$289,816,000 | WTRG |
| FY2012 | −$283,777,000 | WTRG |
| FY2011 | −$260,764,000 | WTRG |
| FY2010 | −$254,036,000 | WTRG |
| FY2009 | −$256,646,000 | WTRG |
WTRG has reported the higher revenue in every one of these 17 fiscal years. The gap has widened since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −5.1 pp | WTRG |
| FY2024 | −8.5 pp | WTRG |
| FY2023 | −3.3 pp | WTRG |
| FY2022 | −4.4 pp | WTRG |
| FY2021 | −4.1 pp | WTRG |
| FY2020 | −1.8 pp | WTRG |
| FY2019 | −7.4 pp | WTRG |
| FY2018 | −8.3 pp | WTRG |
| FY2017 | −13.9 pp | WTRG |
| FY2016 | −14.9 pp | WTRG |
| FY2015 | −11.6 pp | WTRG |
| FY2014 | −16.8 pp | WTRG |
| FY2013 | −15.8 pp | WTRG |
| FY2012 | −14.6 pp | WTRG |
| FY2011 | −10.1 pp | WTRG |
| FY2010 | −10.7 pp | WTRG |
| FY2009 | −8.8 pp | WTRG |
WTRG has kept the higher net margin in every one of these 17 fiscal years.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WTRG's net margin has been more volatile than AWR's over the 17 comparable fiscal years — 3.9 percentage points of standard deviation against 3.8.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
WTRG led in net margin in every one of the 17 comparable fiscal years — a structural lead, not a recent swing.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WTRG's return on equity has been more volatile than AWR's over the 17 comparable fiscal years — 2.5 percentage points of standard deviation against 2.0.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AWR and WTRG over these 17 fiscal years — AWR led in 10 and WTRG in 7.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.