AMERICAN STATES WATER CO

For the period ended Dec 31, 2025. Filed Feb 18, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 18, 2026

AWR$89.90-0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Balance Sheets - December 31, 2025 and 2024

BALANCE SHEETS

	December 31,
(in thousands)	2025	2024
Assets
Utility Plant, at cost	$2,414,314	$2,227,311
Less — accumulated depreciation	(564,529)	(561,256)
	1,849,785	1,666,055
Construction work in progress	233,899	245,314
Net utility plant	2,083,684	1,911,369
Other Property and Investments	55,829	47,753
	55,829	47,753
Current Assets
Cash and cash equivalents	9,964	11,338
Accounts receivable — customers, less allowance for doubtful accounts	33,212	34,712
Unbilled receivable	20,607	19,417
Other accounts receivable, less allowance for doubtful accounts	2,767	3,122
Receivable from affiliate	1,443	120
Income taxes receivable from Parent	2,555	3,253
Materials and supplies	9,127	7,543
Regulatory assets — current	23,211	41,099
Prepayments and other current assets	6,365	5,880
Total current assets	109,251	126,484
Other Assets
Operating lease right-of-use assets	5,856	7,981
Other	61,242	38,394
Total other assets	67,098	46,375
Total Assets	$2,315,862	$2,131,981

BALANCE SHEETS

	December 31,
(in thousands)	2025	2024
Capitalization and Liabilities
Capitalization
Common shareholder’s equity	$933,737	$805,833
Long-term debt	698,060	605,547
Total capitalization	1,631,797	1,411,380
Current Liabilities
Notes payable to banks	—	124,000
Long-term debt — current	8,209	385
Accounts payable	67,426	70,896
Income taxes payable to Parent	—	—
Accrued other taxes	10,322	14,285
Accrued employee expenses	12,847	12,271
Accrued interest	7,738	7,438
Operating lease liabilities	1,967	2,036
Other	10,762	14,468
Total current liabilities	119,271	245,779
Other Credits
Notes payable to banks	13,000	—
Advances for construction	77,956	69,836
Contributions in aid of construction — net	179,277	160,306
Deferred income taxes	177,291	166,410
Regulatory liabilities	60,205	22,926
Unamortized investment tax credits	873	942
Accrued pension and other post-retirement benefits	35,948	33,351
Operating lease liabilities	4,268	6,394
Other	15,976	14,657
Total other credits	564,794	474,822
Commitments and Contingencies (Notes 14 and 15)
Total Capitalization and Liabilities	$2,315,862	$2,131,981

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.