American States Water Company

Moat: 3/5

Understandability: 2/5

Balance Sheet Health: 4/5

American States Water Company provides water and electrical services to customers across the U.S., with a focus on regulated utilities. Its operations are primarily in California and some in other states.

Investor Relations Previous Earnings Calls

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The moat, understandability, and balance sheet health scores reflect a conservative evaluation to ensure a margin of safety in any assessment.

American States Water Company (AWR), through its regulated and non-regulated subsidiaries, is a diversified player in the U.S. water and electricity utility sectors. Its core business involves providing water and wastewater services to its customers in California. Moreover, AWR holds contracts with the United States government to operate and maintain military bases’ water and wastewater systems.