American Water Works reported adjusted earnings per share of $5.64 for 2025, representing an 8.9% year-over-year increase and positioning the company near the upper end of its guidance range. The results reflect the company's consistent execution across its operations and capital deployment strategy.
Looking ahead, the utility company affirmed its 2026 EPS guidance of $6.02 to $6.12, implying approximately 8% growth for the coming year, while maintaining its long-term earnings growth target of 7% to 9% annually. The company deployed $3.2 billion in capital investments during 2025 and has secured 104,000 customer connections under agreement, demonstrating continued operational momentum and customer acquisition efforts.
American Water Works is progressing toward multiple transformative transactions, including its planned merger with Essential Utilities, which is expected to close by the end of the first quarter of 2027. Additionally, the company is advancing regulatory approvals for the acquisition of Nexus Water Group, with that transaction anticipated to close by August 2026. These strategic initiatives are expected to further enhance the company's scale and growth profile.