American States Water CoAWR +1.06%73 Pretax Margin % is 23.54% as of Mar. 2026, which is 2% below its 10-year median of 24.04. 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 84.83% on this metric.
The historical rank and industry rank for American States Water Co's Pretax Margin % or its related term are showing as below:
AWR'
s Pretax Margin % Range Over the Past 10 Years
Min: 18.75 Med: 24.04 Max: 27.95
Current: 25.66
AWR's Pretax Margin % is ranked better than 84.83% of 501
companies
in the Utilities - Regulated industry
Industry Median: 12.12
vs AWR: 25.66
American States Water Co (NYSE:AWR) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
American States Water Co Pretax Margin % Related Terms
American States Water Co Pretax 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 Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, American States Water Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where American States Water Co's Pretax 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 Pretax Margin % of 23.54% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on American States Water Co and its competitors. This is near median its historical median of 24.04. Over the past decade, American States Water Co's Pretax Margin % has ranged from 18.75 to 27.95. According to the industry distribution chart, American States Water Co ranks #76 out of 501 companies in the Utilities - Regulated industry, placing it in the top 15.2%.
Is American States Water Co's Pretax Margin % too high?
American States Water Co's current Pretax Margin % of 23.54% is near median its 10-year median of 24.04. Over the past 10 years, this metric has ranged from a low of 18.75 to a high of 27.95. The Utilities - Regulated industry median Pretax Margin % is 12.12. American States Water Co's value of 23.54% is 94.2% above this industry median. Based on the distribution chart, American States Water Co ranks #76 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 Pretax Margin % compare to CWT and HTO?
According to the Utilities - Regulated industry distribution chart, American States Water Co ranks #76 out of 501 companies for Pretax Margin %. This places American States Water Co in the top 15% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.12. American States Water Co's value of 23.54% is 94.2% above this benchmark. Historically, American States Water Co's own Pretax Margin % has ranged from 18.75 to 27.95 over the past decade. While the company's 10-year median is 24.04 vs. the industry median of 12.12, 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 Pretax Margin % for an Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.12, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American States Water Co's current Pretax Margin % of 23.54% is 94.2% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on American States Water Co and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American States Water Co's current Pretax Margin % is 23.54%, which is near median its own 10-year median of 24.04. 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 Pretax Margin % is 23.54%, which is near median its 10-year median of 24.04 and 94.2% above the Utilities - Regulated industry median of 12.12. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For American States Water Co (AWR), the current Pretax Margin % is 23.54% 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:
Pretax Margin %: 23.54% (near median its 10-year median of 24.04)
GF Value™: $84.88 vs. price of $79.87 (5.9% below fair value)
Industry Position: 94.2% above the Utilities - Regulated median (#76 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
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