American Water delivered solid results in the second quarter of 2025, with earnings per share increasing to $1.48 from $1.42 in the prior year. The company saw increased revenues from new rates and acquisitions in its Regulated Businesses, which drove net income growth. Capital investment plans are on track, and the company announced an agreement to acquire approximately 87,000 customer connections.
Second quarter 2025 earnings per share increased to $1.48, up from $1.42 in the same period last year.
The company narrowed its 2025 EPS guidance range to $5.70 to $5.75 on a weather-normalized basis, affirming long-term targets.
Operating revenues for the Regulated Businesses increased by $121 million in the second quarter due to new rates and acquisitions.
American Water is on track with its 2025 capital investment plan, having invested $1.3 billion in the first six months of the year.
American Water narrowed its 2025 earnings per share guidance to the top half of the range, from $5.65-$5.75 to $5.70-$5.75 on a weather-normalized basis, and affirmed its long-term EPS and dividend growth rate targets of 7-9%.