American Water Works Co (STU:AWC) Scaled Net Operating Assets: 0.76 (As of Mar. 2026)


STU:AWC American Water Works Co Inc STU:AWC
83 GF Score
Price €115.65
GF Value €136.79
Valuation Modestly Undervalued
! 3 Warning Signs
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What is American Water Works Co Scaled Net Operating Assets?

American Water Works Co STU:AWC -0.52% 83 Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus rates STU:AWC with a GF Score™ of 83/100 and a GF Value™ of €136.79 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

American Water Works Co's operating assets for the quarter that ended in Mar. 2026 was €30,385 Mil. American Water Works Co's operating liabilities for the quarter that ended in Mar. 2026 was €7,378 Mil. American Water Works Co's Total Assets for the quarter that ended in Dec. 2025 was €30,267 Mil. Therefore, American Water Works Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.


American Water Works Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for American Water Works Co's Scaled Net Operating Assets can be seen below:

* 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 Water Works Co Scaled Net Operating Assets Chart

American Water Works Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.82 0.77 0.84 0.73

American Water Works Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.73 0.76 0.77 0.76

STU:AWC vs WTRG, AWR, CWT: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Water subindustry, American Water Works Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Water Works Co Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, American Water Works Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where American Water Works Co's Scaled Net Operating Assets falls into.


STU:AWC
83GF Score
American Water Works Co Inc STU:AWC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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American Water Works Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

American Water Works Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(30183.776-7418.698)/31352.65
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=30267.468 - 83.692
=30183.776

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21012.67 - 10974.754 - 2619.218
=7418.698

American Water Works Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(30384.855-7377.585)/30267.468
=0.76

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=30503.36 - 118.505
=30384.855

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20956.355 - 11104.87 - 2473.9
=7377.585

* 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.

What does a Scaled Net Operating Assets of 0.76 mean?
American Water Works Co (STU:AWC) has a Scaled Net Operating Assets of 0.76 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on American Water Works Co and its competitors.
Is American Water Works Co's Scaled Net Operating Assets too high?
American Water Works Co's current Scaled Net Operating Assets is 0.76. Overall, American Water Works Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Water Works Co's Scaled Net Operating Assets compare to WTRG and AWR?
American Water Works Co's Scaled Net Operating Assets of 0.76 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on American Water Works Co and its competitors. American Water Works Co's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Water Works Co stock overvalued right now?
Based on GuruFocus' analysis, American Water Works Co (STU:AWC) is currently considered Modestly Undervalued. The stock's GF Value™ is €136.79, compared to a current price of €115.65 — trading 15.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. American Water Works Co's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For American Water Works Co (STU:AWC), the current Scaled Net Operating Assets is 0.76 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 Water Works Co (STU:AWC) Overvalued in 2026?

Based on GuruFocus' analysis, American Water Works Co stock appears to be undervalued. The current stock price of €115.65 is trading 15.5% below its estimated GF Value™ of €136.79. GuruFocus considers American Water Works Co to be Modestly Undervalued.

Key valuation signals for STU:AWC:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: €136.79 vs. price of €115.65 (15.5% below fair value)
  • GF Score™: 83/100 with 3 warning signs

No single metric tells the full story. See the STU:AWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Water Works Co Business Description

Address 1 Water Street, Camden, NJ, USA, 08102-1658
American Water Works is the largest investor-owned US water and wastewater utility, serving nearly 4 million customers in 14 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets. The company's nonregulated business is water services for military bases, which operates under long-term contracts with regulated-like returns. The proposed Essential Utilities acquisition would add regulated water and wastewater utilities in Ohio, North Carolina, and Texas while increasing its presence in Illinois, Indiana, Pennsylvania, New Jersey, and Virginia.
83GF Score

Get the complete analysis for STU:AWC

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€115.65
Price
€136.79
GF Value