American States Water CoAWR +1.06%73 Net Margin % is 17.70% as of Mar. 2026, which is 0% below its 10-year median of 17.75. GuruFocus rates AWR with a GF Score™ of 73/100 and a GF Value™ of $84.88 (Fairly Valued). The stock has 3 warning signs investors should review. Among 501 Utilities - Regulated companies, American States Water Co ranks better than 84.43% on this metric.
The historical rank and industry rank for American States Water Co's Net Margin % or its related term are showing as below:
AWR'
s Net Margin % Range Over the Past 10 Years
Min: 13.7 Med: 17.75 Max: 20.97
Current: 19.66
AWR's Net Margin % is ranked better than 84.43% of 501
companies
in the Utilities - Regulated industry
Industry Median: 8.8
vs AWR: 19.66
American States Water Co (NYSE:AWR) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
American States Water Co Net Margin % Related Terms
American States Water Co Net Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Water subindustry, American States Water Co's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
American States Water Co Net Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, American States Water Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where American States Water Co's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
American States Water Co (AWR) has a Net Margin % of 17.70% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on American States Water Co and its competitors. This is near median its historical median of 17.75. Over the past decade, American States Water Co's Net Margin % has ranged from 13.70 to 20.97. According to the industry distribution chart, American States Water Co ranks #78 out of 501 companies in the Utilities - Regulated industry, placing it in the top 15.6%.
Is American States Water Co's Net Margin % too high?
American States Water Co's current Net Margin % of 17.70% is near median its 10-year median of 17.75. Over the past 10 years, this metric has ranged from a low of 13.70 to a high of 20.97. The Utilities - Regulated industry median Net Margin % is 8.80. American States Water Co's value of 17.70% is 101.1% above this industry median. Based on the distribution chart, American States Water Co ranks #78 out of 501 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, American States Water Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does American States Water Co's Net Margin % compare to CWT and HTO?
According to the Utilities - Regulated industry distribution chart, American States Water Co ranks #78 out of 501 companies for Net Margin %. This places American States Water Co in the top 16% of its industry — outperforming the majority of peers. The industry median Net Margin % is 8.80. American States Water Co's value of 17.70% is 101.1% above this benchmark. Historically, American States Water Co's own Net Margin % has ranged from 13.70 to 20.97 over the past decade. While the company's 10-year median is 17.75 vs. the industry median of 8.80, American States Water Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American States Water Co's current Net Margin % of 17.70% is 101.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on American States Water Co and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American States Water Co's current Net Margin % is 17.70%, which is near median its own 10-year median of 17.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American States Water Co stock overvalued right now?
Based on GuruFocus' analysis, American States Water Co (AWR) is currently considered Fairly Valued. The stock's GF Value™ is $84.88, compared to a current price of $79.87 — trading 5.9% below its estimated fair value. The current Net Margin % is 17.70%, which is near median its 10-year median of 17.75 and 101.1% above the Utilities - Regulated industry median of 8.80. American States Water Co's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For American States Water Co (AWR), the current Net Margin % is 17.70% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is American States Water Co (AWR) Overvalued in 2026?
Based on GuruFocus' analysis, American States Water Co stock appears to be undervalued.
The current stock price of $79.87 is trading 5.9% below its estimated GF Value™ of $84.88.
GuruFocus considers American States Water Co to be Fairly Valued.
Key valuation signals for AWR:
Net Margin %: 17.70% (near median its 10-year median of 17.75)
GF Value™: $84.88 vs. price of $79.87 (5.9% below fair value)
Industry Position: 101.1% above the Utilities - Regulated median (#78 of 501)
No single metric tells the full story. See the AWR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American States Water Co is a water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and Bear Valley Electric Service, Inc while contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services to commercial and residential customers.
73GF Score
Get the complete analysis for AWR
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AWR has been successfully added to your 
