American Historical Income Statement

AWK Stock  USD 122.21  0.71  0.58%   
Historical analysis of American Water income statement accounts such as Interest Expense of 483 M, Selling General Administrative of 1.6 B or Total Revenue of 2.2 B can show how well American Water Works performed in making a profits. Evaluating American Water income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of American Water's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining American Water Works latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether American Water Works is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Water Works. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

About American Income Statement Analysis

American Water Works Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to American Water shareholders. The income statement also shows American investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

American Water Income Statement Chart

American Water Works Income Statement is one of the three primary financial statements used for reporting American's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of American Water Works revenue and expense. American Water Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, American Water's Income Before Tax is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 83 M this year, although the value of Gross Profit will most likely fall to about 1.3 B.

Total Revenue

Total revenue comprises all receipts American Water Works generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of American Water Works minus its cost of goods sold. It is profit before American Water operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of American Water Works. It is also known as American Water overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from American Water's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into American Water Works current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Water Works. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
At this time, American Water's Income Before Tax is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 83 M this year, although the value of Gross Profit will most likely fall to about 1.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit2.2B2.2B2.5B1.3B
Total Revenue3.9B3.8B4.2B2.2B

American Water income statement Correlations

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0.810.830.970.990.980.770.720.770.990.480.73-0.040.670.560.670.4-0.53-0.140.14-0.480.480.530.05
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0.390.550.530.430.390.480.380.360.380.50.310.020.310.140.210.160.22-0.11-0.07-0.230.250.23-0.12
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0.290.360.560.590.570.560.430.350.330.590.140.480.370.250.240.28-0.450.70.20.04-0.12-0.150.21
0.80.610.640.640.660.670.60.60.680.620.210.890.290.940.240.86-0.23-0.16-0.03-0.810.830.77-0.22
0.490.30.360.350.330.40.260.250.340.380.160.750.60.760.280.86-0.060.160.12-0.570.540.49-0.06
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0.80.640.510.490.540.530.610.640.720.440.230.67-0.160.8-0.150.770.49-0.16-0.59-0.1-0.920.89-0.38
-0.4-0.44-0.140.10.040.05-0.54-0.63-0.560.1-0.12-0.42-0.2-0.480.21-0.22-0.060.040.260.890.53-0.6-0.38
Click cells to compare fundamentals

American Water Account Relationship Matchups

American Water income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization654M604M736M798M704M739.2M
Interest Expense399M408M403M433M460M483M
Selling General Administrative1.8B1.9B2.1B1.9B2.2B1.6B
Total Revenue3.6B3.8B3.9B3.8B4.2B2.2B
Gross Profit2.1B2.2B2.2B2.2B2.5B1.3B
Other Operating Expenses2.4B2.5B2.7B2.5B2.7B1.7B
Operating Income1.2B1.2B1.2B1.3B1.5B1.6B
Ebit1.2B1.2B1.2B1.3B1.7B1.7B
Ebitda1.8B1.9B1.9B2.1B2.4B2.5B
Cost Of Revenue1.5B1.6B1.8B1.6B1.7B1.1B
Total Operating Expenses862M907M957M930M1.0B902.0M
Income Before Tax833M924M1.6B1.0B1.2B1.3B
Total Other Income Expense Net(337M)(324M)444M(265M)79M83.0M
Net Income621M709M1.3B820M944M991.2M
Income Tax Expense212M215M377M188M252M164.3M
Net Income From Continuing Ops621M709M1.3B820M944M635.3M
Non Operating Income Net Other45M71M847M168M193.2M101.3M
Net Income Applicable To Common Shares621M709M1.3B820M943M598.9M
Tax Provision212M215M377M188M252M227.6M
Interest Income382M395M399M381M73M69.4M
Net Interest Income(382M)(395M)(399M)(381M)(387M)(406.4M)
Reconciled Depreciation582M604M636M649M704M661.9M

American Water Investors Sentiment

The influence of American Water's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in American. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to American Water's public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Water Works. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Water's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for American Water's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average American Water's news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Water.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Water in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Water's short interest history, or implied volatility extrapolated from American Water options trading.

Pair Trading with American Water

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Water position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Water will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

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The ability to find closely correlated positions to American Water could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Water when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Water - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Water Works to buy it.
The correlation of American Water is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Water moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Water Works moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Water can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Water Works is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if American Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about American Water Works Stock. Highlighted below are key reports to facilitate an investment decision about American Water Works Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Water Works. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Is American Water's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Water. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Water listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.086
Dividend Share
2.778
Earnings Share
4.9
Revenue Per Share
21.938
Quarterly Revenue Growth
0.108
The market value of American Water Works is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Water's value that differs from its market value or its book value, called intrinsic value, which is American Water's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Water's market value can be influenced by many factors that don't directly affect American Water's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Water's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.