Company: AWK
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001193125-25-064607
Chunk: 45

Company: American Water Works Company, Inc.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 45
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 equity awards before they vest   ·   Allow executives to sell or transfer stock if not in compliance with stock ownership guidelines, subject to exceptions   ·   Provide for a supplemental executive retirement plan open to new participants |

Our Performance in 2024 Some of our performance highlights for 2024 include the following:

| Diluted Earnings Per Share, or EPS, Growth 
 Total Debt to Total Capitalization Ratio   
 Regulated Businesses Customer Growth       |     | Our 2024 full-year results were $5.39 per share compared to $4.90 per share for 2023. Our 2024 results reflect continued growth in the regulated businesses from infrastructure investment and acquisitions, as well as from organic growth. 
 As of December 31, 2024, the Company’s ratio of consolidated debt to consolidated capitalization was 0.58 to 1.00, compared to a ratio of 0.56 to 1.00 at December 31, 2023.                                                                 
 Approximately 69,500 new customers added in 2024 through regulated acquisitions and approximately 19,400 new regulated customers added in 2024 through organic growth.                                                                       |
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| Annual Dividend Growth                     |     | 8.9 percent overall five-year compounded annual growth rate of annual dividends anchored off 2019 dividends paid, and 16 years in a row of annual dividend increases.                                                                        |

| AMERICAN WATER | 2025 PROXY STATEMENT |     | 31 |

Return to Shareholders The following stock performance graph shows how a $100.00 investment in our common stock on December 31, 2019, would have grown to $110.80 on December 31, 2024, assuming quarterly dividend reinvestment. This return was lower than the returns that would have been obtained through the same investment in each of the S&P 500 Index and the PHLX Utility Sector Index, assuming dividend reinvestment, during the same period. The Company has successfully executed on its financial and operating plans the last several years, including meeting or exceeding its EPS guidance and its dividend growth target. The Company believes that its relative TSR performance in 2024 and for the five years ended in 2024 was diminished due to the combination of rising interest rates and the shifting of investments from water utilities to other investment options that have data center-driven growth expectations, including electric and gas utilities.

| TSR |

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