Company: AWK
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001410636-25-000022
Chunk: 127

Company: American Water Works Company, Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 127
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—Business for additional information.

Selected Financial Data

This selected financial data below should be read in conjunction with the Company’s Consolidated Financial Statements and related Notes in this Annual Report on Form 10-K as well as the remainder of this Item 7—Management’s Discussion and Analysis of Financial Condition and Results of Operations.

 For the Years Ended December 31,(In millions, except per share data)20242023202220212020Statement of Operations data:     Operating revenues$4,684 $4,234 $3,792 $3,930 $3,777 Net income attributable to common shareholders1,051 944 820 1,263 709 Net income attributable to common shareholders per basic common share5.39 4.90 4.51 6.96 3.91 Net income attributable to common shareholders per diluted common share5.39 4.90 4.51 6.95 3.91 Balance Sheet data:     Total assets$32,830 $30,298 $27,787 $26,075 $24,766 Long-term debt and redeemable preferred stock at redemption value12,521 11,718 10,929 10,344 9,333 Other data:     Cash dividends declared per common share$3.06 $2.83 $2.62 $2.41 $2.20 Net cash provided by operating activities2,045 1,874 1,108 1,441 1,426 Net cash used in investing activities(3,379)(2,815)(2,127)(1,536)(2,061)Net cash provided by (used in) financing activities1,110 1,188 1,000 (345)1,120 Capital expenditures included in net cash used in investing activities(2,856)(2,575)(2,297)(1,764)(1,822)

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Table of Contents

Financial Results

For the years ended December 31, 2024, 2023 and 2022, diluted earnings per share (GAAP) were $5.39, $4.90 and $4.51, respectively. Increased results were driven primarily by the implementation of new rates in the Regulated Businesses from capital and acquisition investments. Results also reflect increased production and employee-related costs, increased depreciation and higher financing costs used to fund the