← AMERICAN STATES WATER CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $59.7m |
$69.4m
+16.11%
|
$63.9m
-7.92%
|
$84.3m
+32.05%
|
$86.4m
+2.47%
|
$94.3m
+9.17%
|
$78.4m
-16.91%
|
$124.9m
+59.35%
|
$119.3m
-4.53%
|
$130.4m
+9.37%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $59.4m |
$69.0m
+16.13%
|
$63.5m
-7.91%
|
$84.0m
+32.18%
|
$86.1m
+2.56%
|
$94.1m
+9.25%
|
$78.2m
-16.90%
|
$124.5m
+59.27%
|
$118.8m
-4.58%
|
$130.0m
+9.37%
|
— | |
| Depreciation, Depletion and Amortization | $38.9m | $39.0m | $40.4m | $35.4m | $36.9m | $39.6m | $41.3m | $42.4m | $43.6m | $47.8m | $51.1m | |
| Amortization of Intangible Assets | $1.9m | $1.5m | $1.1m | $1.3m | $654k | $700k | $641k | $1.1m | $1.0m | $1.5m | — | |
| Deferred Income Tax Expense (Benefit) | $27.6m | $12.2m | ($5.8m) | $6.6m | $2.2m | $3.6m | $2.8m | $4.8m | $2.0m | $3.6m | $209k | |
| Share-based Payment Arrangement, Noncash Expense | $2.5m | $2.9m | $3.9m | $2.5m | $2.5m | $2.6m | $2.6m | $3.3m | $3.7m | $3.6m | $3.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $1.6m | $1.9m | $1.3m | $1.3m | $918k | $1.1m | $1.3m | — | |
| Share-based Payment Arrangement, Expense | $2.5m | $2.9m | $3.9m | $2.5m | $2.5m | $2.6m | $2.6m | $3.3m | $3.7m | $3.6m | $3.8m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | $8.3m | $85k | $253k | ($31k) | $465k | $75k | $100k | $0 | $0 | — | |
| Nonoperating Income (Expense) | ($20.2m) | ($18.7m) | ($19.1m) | ($18.1m) | ($15.9m) | ($16.2m) | ($24.6m) | ($30.2m) | ($35.0m) | ($33.5m) | — | |
| Other Nonoperating Income (Expense) | $997k | $2.1m | $760k | $3.3m | $4.9m | $5.1m | $125k | $5.1m | $7.5m | $7.6m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $1.8m | $7.7m | ($1.9m) | ($1.9m) | $13.3m | $4.7m | ($5.4m) | $6.6m | $5.1m | $3.0m | $1.1m | |
| Increase (Decrease) in Accounts Payable | ($3.4m) | $4.4m | $1.3m | ($249k) | $5.3m | ($2.9m) | $11.8m | ($10.9m) | $5.2m | $7.6m | $682k | |
| Net Cash Provided by (Used in) Operating Activities | $96.9m |
$144.6m
+49.10%
|
$136.8m
-5.38%
|
$116.9m
-14.56%
|
$122.2m
+4.54%
|
$115.6m
-5.39%
|
$117.8m
+1.92%
|
$67.7m
-42.54%
|
$198.7m
+193.62%
|
$229.7m
+15.60%
|
$236.6m
+3.01%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $129.9m | $113.1m | $126.6m | $151.9m | $130.4m | $144.5m | $166.2m | $188.5m | $232.0m | $236.8m | ($215.9m) | |
| Payments to Acquire Investments | $1.4m | $1.2m | $1.6m | — | — | — | — | — | — | — | ($921k) | |
| Unrealized Gain (Loss) on Investments | — | ($1.7m) | $558k | $3.6m | $3.0m | $4.3m | ($5.2m) | $5.0m | $5.3m | $5.5m | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | $1.4m | $1.3m | $1.1m | $921k | $224k | $820k | $719k | — | |
| Net Cash Provided by (Used in) Investing Activities | ($131.2m) | ($80.0m) | ($128.0m) | ($153.2m) | ($131.6m) | ($145.1m) | ($167.1m) | ($188.8m) | ($232.8m) | ($237.5m) | ($215.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $313k | $329k | $326k | $40.3m | $336k | $28.4m | $377k | $334k | $370k | $454k | ($34.5m) | |
| Proceeds from Issuance of Long-term Debt | $0 | — | — | — | $159.4m | $0 | $34.8m | $129.7m | $64.6m | $149.2m | ($35k) | |
| Payments for Repurchase of Common Stock | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $0 | $0 | $47.5m | $0 | $60.0m | $0 | $0 | $10.0m | $88.8m | $67.1m | $81.3m | |
| Dividends paid | $33.4m | $36.4m | $38.9m | $42.7m | $47.2m | $51.7m | $56.4m | $61.2m | $67.0m | $74.7m | ($78.5m) | |
| Proceeds from (Payments for) Other Financing Activities | ($1.5m) | ($1.3m) | ($1.3m) | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $30.3m |
($64.7m)
-313.36%
|
($1.8m)
+97.21%
|
$30.5m
+1791.08%
|
$44.8m
+46.91%
|
($2.3m)
-105.05%
|
$50.3m
+2321.40%
|
$129.2m
+156.58%
|
$46.6m
-63.89%
|
($26k)
-100.06%
|
($19.3m)
-74276.92%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $5.0m | $6.0m | $14.1m | $26.7m | $18.8m | $21.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | $22.5m | $26.0m | $39.4m | $50.3m | $46.0m | — | |
| Income Taxes Paid, Net | $10.9m | $13.6m | $21.1m | $22.5m | $13.7m | $29.2m | $27.4m | $34.7m | $27.9m | $35.0m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $227k | $237k | $55k | $86k | $350k | $369k | $386k | $406k | $426k | $445k | — | |
| General and Administrative Expense | $81.0m | $81.7m | $82.6m | $83.0m | $83.6m | $83.5m | $86.2m | $88.3m | $100.9m | $102.8m | — | |
| Goodwill | $1.1m | $1.1m | $1.1m | $1.1m | $1.1m | $1.1m | $1.1m | $1.1m | — | — | — | |
| Income Tax Expense (Benefit) | $34.7m | $39.0m | $18.0m | $24.7m | $28.2m | $30.4m | $23.7m | $41.6m | $30.2m | $39.4m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $50.4m | $46.8m | — | |
| Investment Income, Interest | $757k | $1.8m | $3.6m | $3.2m | $1.8m | $1.5m | $2.3m | $7.4m | $7.9m | $5.7m | — | |
| Operating Expenses | $321.4m | $313.5m | $335.8m | $346.8m | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $2.8m | $2.6m | $2.5m | $2.6m | $2.3m | $2.6m | $2.6m | — | |
| Proceeds from Stock Options Exercised | $235k | $909k | $546k | $519k | $30k | — | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $114.5m | $120.6m | $113.4m | $110.9m | $120.4m | $126.4m | $136.7m | — |