Company: AWK
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001410636-25-000083
Chunk: 101

Company: American Water Works Company, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 2
Chunk 101
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iation and amortization213 184 General taxes81 76 Other income (expense)(99)(79)Provision for income taxes60 53 Net income attributable to common shareholders$201 $185 

Operating Revenues 

Presented in the tables below is information regarding the main components of the Regulated Businesses’ operating revenues:

 For the Three Months Ended March 31,(In millions)20252024Water services:Residential$560 $504 Commercial212 187 Fire service45 41 Industrial45 42 Public and other73 58 Total water services935 832 Wastewater services:Residential68 59 Commercial18 16 Industrial5 2 Public and other10 8 Total wastewater services101 85 Other (a)13 11 Total operating revenues$1,049 $928 

(a)Includes other operating revenues consisting primarily of miscellaneous utility charges, fees and rents.

 For the Three Months Ended March 31,(Gallons in millions)20252024Billed water services volumes:Residential34,691 34,414 Commercial17,197 17,291 Industrial8,654 8,337 Fire service, public and other12,392 11,116 Total billed water services volumes72,934 71,158 

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For the three months ended March 31, 2025, operating revenues increased $121 million, primarily due to a $97 million increase from authorized rate increases, including infrastructure surcharges, principally to recover infrastructure investment in various states and a $14 million increase from water and wastewater acquisitions, as well as organic growth in existing systems. In addition, operating revenues were higher for the three months ended March 31, 2025, in the Company’s California subsidiary, primarily due to an increase in customer demand and change to its revenue stability mechanism from full to partial revenue recovery, resulting from the general rate case decision approved by the CPUC in December 2024.

Operation and Maintenance

Presented in the table below is information regarding the main components of the Regulated Businesses’ operation and maintenance expense:

 For the Three Months Ended March 31,(In millions)20252024Employee-related costs$149 $135 Production costs106 102 Operating supplies and services72 63 Maintenance materials and supplies29 22 Customer billing and accounting20 14 Other19 15 Total operation and maintenance expense$395 $