Filing Flows › American States Water (AWR) › Operating margin
American States Water (AWR) operating margin by quarter
American States Water's operating margin was 35.0% in Q3 2026 (third quarter 2026), -0.3 pts from Q2 2026. Over the last 7 quarters it ranged from 27.4% (Q4 2025) to 35.3% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 35.0% | -0.3 pts | +1.2 pts |
| Q2 2026 | 35.3% | +4.9 pts | +4.0 pts |
| Q1 2026 | 30.4% | +2.9 pts | -0.4 pts |
| Q4 2025 | 27.4% | -6.4 pts | — |
| Q3 2025 | 33.8% | +2.5 pts | — |
| Q2 2025 | 31.3% | +0.5 pts | — |
| Q1 2025 | 30.8% | — | — |
Q3 2026 at a glance
American States Water, Q3 2026: revenue $193M (+5% year over year), operating margin 35.0%, net earnings $42.3M, operating cash flow $85.2M. The chart follows the revenue to costs, profit and cash.
Questions
What is American States Water's operating margin?
American States Water's operating margin was 35.0% in Q3 2026 (third quarter 2026), -0.3 pts from Q2 2026.
How has American States Water's operating margin changed?
Over the last 7 quarters it ranged from 27.4% (Q4 2025) to 35.3% (Q2 2026).