AMERICAN STATES WATER CO

American States Water Company provides regulated water and electric utility services alongside contracted utility privatization operations. The company conducts business through three primary segments: water, electric, and contracted services. Through its regulated subsidiaries, Golden State Water Company and Bear Valley Electric Service, it provides water purchasing, production, distribution, and wastewater handling, as well as electric distribution. These utility businesses primarily serve residential and commercial customers. Through American States Utility Services, the company provides operations, maintenance, and construction services for utility infrastructure. The primary customer for the contracted services segment is the United States government, which contracts the business to support water and wastewater infrastructure across multiple military installations.

The enterprise operates regulated water utilities across 11 counties in California and supplies electricity to several mountain communities in San Bernardino County, California. As of December 31, 2025, the regulated businesses served 290,057 total customer accounts, consisting of 265,142 water accounts and 24,915 electric accounts. Its contracted utility operations manage infrastructure at military installations located across Texas, New Mexico, Virginia, Maryland, South Carolina, North Carolina, Florida, Kansas, and Massachusetts. Across all operations, the enterprise employed 900 people at year-end 2025. The provided text does not state the location of the company's headquarters.

Summary of the business section of American States Water's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“AWR and its subsidiaries had a total of 900 employees as of December 31, 2025.”