First quarter 2026 GAAP earnings were $1.00 per share, compared to $1.05 per share in 2025
Excluding transaction costs for the proposed Essential Utilities merger and incremental interest income from the repaid HOS secured seller note, first quarter 2026 adjusted earnings of $1.01 per share, compared to $1.02 per share in the same quarter in 2025
2026 earnings per share guidance range of $6.02 to $6.12 affirmed
Announced quarterly cash dividend of $0.8950 per share of common stock, payable in June, an increase of 8.2%
Successfully issued in April $700 million of 5.200% senior notes due 2036
"The company has delivered solid first quarter results and we are affirming our long-term targets for both earnings and dividend growth at 7 to 9 percent," said John Griffith, President and CEO of American Water. "We are also encouraged with the progress we and Essential have made thus far in merger integration planning work and were pleased to receive the first state regulatory approval for the merger last week in Kentucky," added Griffith.
https://ir.amwater.com/news-and-events/financial-releases/financial-release-details/2026/AMERICAN-WATER-REPORTS-FIRST-QUARTER-2026-RESULTS-ON-TRACK-AFFIRMS-2026-EPS-GUIDANCE-AND-LONG-TERM-T ARGETS/default.aspx
