Reported Q: Q3 2024 Rev YoY: +13.4% EPS YoY: +7.8% Move: -1.42%
American Water Works
0HEW.L
$136.44 -1.42%
Exchange LSE Sector Utilities Industry General Utilities
Q3 2024
Published: Oct 30, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for 0HEW.L

Reported

Report Date

Oct 30, 2024

Quarter Q3 2024

Revenue

1.32B

YoY: +13.4%

EPS

1.79

YoY: +7.8%

Market Move

-1.42%

Previous quarter: Q2 2024

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Earnings Highlights

  • Revenue of $1.32B up 13.4% year-over-year
  • EPS of $1.79 increased by 7.8% from previous year
  • Gross margin of 62.0%
  • Net income of 350.00M
  • ""Our ongoing commitment to infrastructure improvements is not just about compliance but also about enhancing service delivery to our customers. We're seeing the positive effects in our latest financial results."" - CEO
0HEW.L
American Water Works Company Inc

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Executive Summary

In Q3 2024, American Water Works Company Inc (0HEW.L) delivered a strong performance characterized by healthy revenue growth of 15.14% quarter-over-quarter (QoQ) and a 13.37% increase year-over-year (YoY), reaching $1.32 billion. The company's net income climbed to $350 million, reflecting a net profit margin of 26.4%, which is attributed to effective cost management and operational efficiency improvements.

Management emphasized the strategic focus on enhancing service reliability and operational efficiencies, particularly through upgrades in infrastructure and investment in technology. This growth and strong profitability provide a solid foundation for future expansion, making the company an attractive option for investors seeking stability within the Utilities sector.

Key Performance Indicators

Revenue
Increasing
1.32B
QoQ: 15.14% | YoY: 13.37%
Gross Profit
Increasing
820.00M
61.98% margin
QoQ: 55.01% | YoY: 12.18%
Operating Income
Increasing
543.00M
QoQ: 21.21% | YoY: 13.60%
Net Income
Increasing
350.00M
QoQ: 26.35% | YoY: 8.36%
EPS
Increasing
1.79
QoQ: 26.06% | YoY: 7.83%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 1,276.00 1.48 +11.1% View
Q1 2025 1,142.00 1.05 +13.0% View
Q4 2024 1,201.00 1.23 +16.4% View
Q3 2024 1,323.00 1.79 +13.4% View
Q2 2024 1,149.00 1.42 +4.7% View