Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.33B | 16.5% |
| Gross Profit | 1.33B | 16.5% |
| Cost of Revenue | 3M | 0% |
| Operating expense | 780M | 11.4% |
| Net Income | 350M | 26.4% |
| EBITDA | 785M | 22.5% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 31.8B | 1.8% |
| Total Liabilities | 21.4B | 1.7% |
| Total Equity | 10.4B | 2.1% |
| Shares Outstanding | 195M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 679M | 96.8% |
| Cash from investing | -688M | 6.8% |
| Cash from financing | 88M | 165.2% |
EPS
Financial Highlights for American Water Works in Q3 '24
American Water Works reported a revenue of 1.33B, which is a 16.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.33B, marking a 16.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3M, a 0% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 780M, showing a 11.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 350M, showing a 26.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 785M, showing a 22.5% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for American Water Works with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
