Form 10-Q · Quarterly report
American Water Works 10-Q, filed Oct 28, 2026
- Filed
- CIK
- 0001410636
- Accession no.
- 0001410636-26-000149
Summary
American Water Works reported flat third-quarter 2026 GAAP diluted earnings per share of $1.94 and adjusted diluted EPS of $2.00, with nine-month GAAP EPS of $4.56 and adjusted EPS of $4.63, while progressing a proposed stock-for-stock merger with Essential and PFAS multi-district litigation settlements. The company invested $2.8 billion in the first nine months of 2026 and said the Essential merger is expected to close by the end of the first quarter of 2027, subject to remaining regulatory approvals.
Key points
- American Water Works reported third-quarter 2026 GAAP diluted EPS of $1.94 and adjusted diluted EPS of $2.00; nine-month GAAP EPS was $4.56 and adjusted EPS was $4.63.
- The company invested $2.8 billion in the first nine months of 2026, including $2.3 billion in capital investment and $437 million for regulated acquisitions that added about 81,000 customers.
- Under the proposed merger, Essential shareholders would receive 0.305 shares of American Water Works common stock per Essential share; Kentucky, Ohio, and Virginia have approved, the HSR waiting period expired Aug. 14, 2026, and closing is expected by the end of Q1 2027.
- The PFAS MDL court granted preliminary approval of four additional settlements totaling about $149 million with Amerex, Archroma U.S., Carrier Global, and Nations Ford Chemical; a final fairness hearing is scheduled for Jan. 15, 2027.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION Overview American Water is the largest and most geographically diverse, publicly traded water and wastewater utility company in the United States, as measured by both operating revenues and population served. The Company’s primary business involves the ownership of utilities that provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sale for resale customers, collectively presented as the “Regulated Businesses.” Services provided by the Company’s utilities are subject to regulation by multiple state utility commissions or other entities engaged in utility regulation, collectively referred to as public…
An excerpt of the text as filed with the SEC, cut for length.
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