AWK American Water Works Co margins

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Relative Growth: Rel. Growth: 68
Relative Strength: Rel. Strength: 50
Relative Valuation: Rel. Valuation: 46
Relative Profitability: Rel. Profitability: 70
Gross margin
61.3%
Operating margin
43.6%
EBITDA margin
63.9%
Net margin
21.3%

Recent American Water Works Co shows a gross margin of 61.3%, an operating margin of 43.6%, an EBITDA margin of 63.9%, and a net margin of 21.3%. Gross margin expanded the most, by 1 percentage points, while net margin contracted the most, by 0.6 percentage points.

AWK margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, American Water Works Co's margins averaged 60.18% gross, 43.17% operating, 63.53% EBITDA, and 21.93% net. Currently, gross, operating, and EBITDA margins are above their three-year averages, while net margin is below its three-year average.

AWK margin expansion

Year-over-year margin changes in percentage points

American Water Works Co's gross margin expanded by 1 percentage point, operating margin by 0.4 percentage points, and EBITDA margin by 0.4 percentage points, but net margin contracted by 0.6 percentage points.

Gross margin expansion
1pp
Operating margin expansion
0.4pp
EBITDA margin expansion
0.4pp
Net margin expansion
-0.6pp

AWK Gross margin

Across the last 3 years, American Water Works Co's gross margin came to 60.18%. The current gross margin stands at 61.3%, 1.1 percentage points above its three-year average. Gross margin was highest at 61.3% in Jun 2026 and lowest at 59.3% in Sep 2023.

AWK Operating margin

Over the last 3 years, the average operating margin for American Water Works Co was 43.17%. The latest operating margin for American Water Works Co is 43.6%, 0.4 percentage points above its three-year average. American Water Works Co's operating margin ranged from a low of 42.7% in Sep 2023 to a high of 43.6% in Jun 2026.

AWK EBITDA margin

Reviewing the last 3 years, American Water Works Co recorded an average EBITDA margin of 63.53%. American Water Works Co's current EBITDA margin is 63.9% and is 0.4 percentage points above its three-year average. The highest EBITDA margin for American Water Works Co was 63.9% in Jun 2026, while the lowest was 62.9% in Sep 2023.

AWK Net margin

The average net margin for American Water Works Co was 21.93% in the last 3 years. The latest net margin for American Water Works Co is 21.3%, 0.6 percentage points below its three-year average. The net margin for American Water Works Co moved between 21.2% in Mar 2026 and 22.4% in Dec 2024.

AWK margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 61.3%, AWK stands higher than the Utilities sector, the industry and its peers average. Looking at the Utilities sector average of 42.8%, American Water Works Co's gross margin is 43% higher.

AWK margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is American Water Works Co's gross margin?

For the period ending Jun 30, 2026, AWK recorded a gross margin of 61.3%.

What is American Water Works Co's operating margin?

For the period ending Jun 30, 2026, AWK recorded an operating margin of 43.6%.

What is American Water Works Co's EBITDA margin?

The current EBITDA margin for AWK is 63.9% as of Jun 30, 2026.

What is American Water Works Co's net margin?

The current net margin for AWK is 21.3% as of Jun 30, 2026.

What are the average margins of AWK?

Over the past 3 years, AWK reported average margins of 60.2% gross, 43.2% operating, 63.5% EBITDA, and 21.9% net.

What are the highest historical margins of AWK?

Over this 5-year history, AWK peaked at 61.3% gross in Jun 2026, 43.6% operating in Jun 2026, 80.7% EBITDA in Sep 2022, and 34.6% net in Sep 2022.

What are the lowest historical margins of AWK?

Looking back across 5 years, AWK reached its lowest margins at 54.8% gross in Dec 2021, 38.6% operating in Dec 2021, 58.3% EBITDA in Sep 2021, and 19.6% net in Sep 2021.