American Water Works Company, Inc. is merging with Essential Utilities (WTRG), forming a combined entity with a rate base of $29.3 billion in response to a looming $434 billion water infrastructure investment gap. The merger coincides with American Water's plan to invest $19-$20 billion from 2026 to 2030 and address its own infrastructure needs, for which it expects to allocate up to $42 billion. With a price-to-earnings multiple of 22.7 and a growth target of 8-9% for its rate base, the company continues to strengthen its position as the largest regulated water utility in the U.S., serving over 14 million people.
“American Water · is the largest regulated · water and wastewater utility company in the United States”
“American Water · provides · safe, clean, reliable and affordable drinking water and wastewater services · to approximately 14 million people”
“American Water · is the largest · regulated water and wastewater utility company in the United States · true”
“American Water · is the largest regulated water and wastewater utility company · in the United States”
“American Water · provides · safe, clean, reliable and affordable drinking water and wastewater services · to more than 14 million people”
“American Water Works (AWK) · is trading · cheap · true”
“American Water Works (AWK) · has a long-term rate base growth target · 8-9% · true”
“American Water Works (AWK) · has a long-term EPS and dividend growth target · 7-9% · true”
“American Water Works (AWK) · plans to invest · $19-$20 billion · between 2026-2030”
“American Water Works (AWK) · will merge with · Essential Utilities (WTRG) · true”
“American Water Works (AWK) · will create a combined entity with a rate base of · $29.3 billion · true”
“American Water Works (AWK) · did have a revenue growth · 12.3% · LTM”