American Water Works

American Water Works Company, Inc.

File:American Water (company) Logo.svg
Type	Public company
Traded as	NYSE: AWK DJUA component S&P 500 component
Industry	Utilities Water and wastewater
Founded	1886 (1886)
Founder	James S. Kuhn, W.S. Kuhn
Headquarters	Camden, New Jersey , U.S.
Key people	M.Susan Hardwick, President and CEO Cheryl Norton, EVP and Chief Operating Officer John C. Griffith, EVP and Chief Financial Officer James H. Gallegos, EVP and General Counsel Melanie M. Kennedy, EVP and Chief Human Resources Officer
Products	Water
Revenue	US$3.93 billion (2021)
Operating income	US$1.20 billion (2021)
Net income	US$1.26 billion (2021)
Total assets	US$26.08 billion (2021)
Total equity	US$7.30 billion (2021)
Number of employees	6,400 (2022)
Divisions	California American Water Hawaii American Water Illinois American Water Indiana American Water Iowa American Water Kentucky American Water Maryland American Water Missouri American Water New Jersey American Water Pennsylvania American Water Tennessee American Water Virginia American Water West Virginia American Water American Water Military Services Group
Website	American Water Corporate

The Iowa American Water Company plant in Davenport, Iowa, on the banks of the Mississippi River

American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving a population of approximately 14 million through 3.4 million customer connections. The company's customers include residential, commercial, fire service and private fire, industrial, government facilities, and other water and wastewater utilities.

American Water shares are traded on the NYSE under the ticker AWK.

History

The utility was founded in 1886 as the American Water Works & Guarantee Company. In 1914, American Water Works and Guarantee Company became American Water Works and Electric Company. In 1947 it was reorganized as American Water Works Company, Inc.

Most of American Water's services are locally managed utility subsidiaries that are regulated by the U.S. state in which each operates. American Water also owns subsidiaries that manage municipal drinking water and wastewater systems under contract and others that supply businesses and residential communities with water management products and services.

With headquarters in Camden, New Jersey, American Water has about 6,400 professionals who provide drinking water, wastewater and related services to over 14 million people in 24 U.S. states.

In 2003, American Water established the American Water Military Services Group, which enters into long-term contracts with the United States Military to treat and supply water and to collect and treat wastewater on 17 United States military installations.

Utilities

The company owns 80 surface water treatment plants, 480 groundwater treatment plants, 160 wastewater treatment plants, 52,500 miles of pipes,1,100 groundwater wells, 1,700 pumping stations, 1,300 water storage facilities, and 76 dams. Throughout its networks, the company serves 14 million people with drinking water, wastewater, and related services. Services provided by American Water's utilities are subject to regulation by multiple state utility commissions or other entities engaged in utility regulation. Federal, state and local governments also regulate environmental, health and safety, and water quality and water accountability matters.

See also

• Public services

References

Notes

General sources

• American Water’s Walter Lynch Joins Other Industry Leaders to Discuss Cybersecurity with President Biden (Businesswire, 25 August 2021)
• On the Waterfront: American Water opens Camden headquarters (The Courier-Post, 4 December 2018)
• "Military Services". 4 March 2016. Retrieved 12 February 2019.

Further reading

• Cross, Gilbert (1991). A dynasty of water: the story of American Water Works Company. Camden, N.J.: American Water Works Co. ISBN 0961904917.

External links

• American Water.com: About us
• Fox Business Network
• Business data for American Water:
  • Google
  • SEC filings
  • Yahoo!