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Dec 31, 2021

American States Water Q4 2021 Earnings Report

Reported basic and fully diluted earnings per share.

Key Takeaways

American States Water Company reported earnings per share of $0.55 for the fourth quarter ended December 31, 2021, compared to $0.54 for the same period in 2020.

Diluted earnings from the water segment increased to $0.36 per share, up from $0.32 per share in Q4 2020.

Electric segment earnings remained consistent at $0.07 per share compared to Q4 2020.

Contracted services segment earnings decreased to $0.13 per share, down from $0.17 per share in Q4 2020.

AWR (parent) earnings increased by $0.01 per share due primarily to changes in state unitary taxes.

Total Revenue
$117M
Previous year: $124M
-6.1%
EPS
$0.55
Previous year: $0.54
+1.9%
Gross Profit
$88.4M
Previous year: $96.6M
-8.5%
Cash and Equivalents
$138M
Previous year: $36.7M
+275.8%
Free Cash Flow
-$4.13M
Previous year: -$1.27M
+224.9%
Total Assets
$1.9B
Previous year: $1.79B
+6.1%

American States Water

American States Water

American States Water Revenue by Segment

Forward Guidance

The settlement authorizes GSWC to invest approximately $404.8 million in capital infrastructure over the three-year cycle.

Revenue & Expenses

Visualization of income flow from segment revenue to net income