American Water Works Company, Inc. reported 2025 GAAP earnings of $5.69 per share and adjusted earnings of $5.64 per share, compared to $5.39 and $5.18 in 2024, affirmed 2026 adjusted EPS guidance of $6.02 to $6.12, and noted shareholder approval of the merger with Essential Utilities on February 10, 2026.
Key takeaways
2025 GAAP EPS $5.69 vs $5.39 in 2024
2025 adjusted EPS $5.64 vs $5.18 in 2024 (8.9% increase)
Q4 2025 GAAP EPS $1.22 same as Q4 2024; adjusted EPS $1.24 vs $1.15
2026 adjusted EPS guidance $6.02-$6.12
Invested $3.2 billion in capital in 2025 including $83 million for acquisitions
HOS $795 million secured seller note repaid February 13, 2026
Shareholders approved merger with Essential Utilities on February 10, 2026
Dividend growth of 8.2% for 2025; quarterly dividend $0.8275 payable March 3, 2026