Is it safe?
Can AWK take a bad year?
American Water Works carries $15.8B of net debt at 5.47× EBITDA: a heavy load to carry through a bad year.
$15.8B
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 5.47×
Net debt / EBITDA · 5.63× a year ago · the load is coming down
- Altman Z-score
- 0.95
Altman Z-score · distress zone, below 1.8
- Cash runway
- 0.2 years
Cash runway · burning $258M a quarter at the current rate
Details›
- Total debtQ2 2026
- $16.0B
- Cash and short-term investments
- $191M
- Net debt
- $15.8B
- EBITDA, trailing twelve months
- $2.89B
- Operating profit, trailing twelve months
- $1.95B
- Debt / equity
- 1.37×
- Total debt / EBITDA
- 5.54×
- Annualised volatilitytwo years of daily moves
- 23%
- Worst drawdown on file
- −37%
- Below its 52-week high
- −4.0%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities - Regulated Water
Ranks #2 of 6 by Smart Score