{"filings":[{"id":564199,"accession_number":"0001628280-26-037056","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2026-05-21T12:15:08+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve 2026 Stock Incentive Plan authorizing 800,000 new shares; directors elected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["2026 Stock Incentive Plan approved with over 95% of votes cast in favor; replaces 2016 plan.","Class III directors Eichelberger, Ervin, Levin each elected with ~98% of votes cast.","Advisory say-on-pay vote passed with ~91% support; auditor PwC ratified with ~96%.","Plan authorizes up to 800,000 shares for stock options, restricted stock, and performance awards."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":90965,"accession_number":"0001628280-26-031373","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"American States Water Q1 EPS $0.76 vs $0.70 YoY; 8.6% increase","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 2026 diluted EPS $0.76, up 8.6% from $0.70 in Q1 2025; water segment $0.55 (+$0.03), electric $0.08 (+$0.01), contracted services $0.15 (+$0.02).","Water revenue increased $11.1M from CPUC-authorized rate increases effective Jan 1, 2026; consumption consistent with prior year.","Contracted services expects full-year 2026 EPS contribution of $0.63-$0.67 per share.","Q2 dividend $0.5040/share, payable June 2, 2026, record May 18, 2026; 71 consecutive years of dividend increases.","Authorized $650M in capital investments via rate cases; on track to invest $185-$225M in 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":0.76,"consensus_revenue_estimate":null,"consensus_revenue_actual":169191000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100829,"accession_number":"0001628280-26-021751","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2026-03-27T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"AWR approves 2026 STIP; CEO Sprowls target bonus 100% of base salary","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Executive officers eligible for objective (80%) and discretionary (20%) cash bonuses based on 2026 performance.","CEO Robert J. Sprowls target aggregate bonus = 100% of base salary; CFO Eva G. Tang = 40.4%.","Objective bonus tied to EPS, capital expenditures, customer complaints, safety, SOX deficiencies, and supplier diversity.","Discretionary bonus based on subjective assessment of individual performance by the Compensation Committee.","Bonus payout subject to recoupment policy and forfeiture if employment ends before payment date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100828,"accession_number":"0001628280-26-017733","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2026-03-13T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"American States Water grants RSUs and performance awards to five executives","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["CEO Sprowls receives 7,362 time-vested RSUs and target of 22,088 performance RSUs.","CFO Tang receives 1,071 time-vested RSUs and 1,071 performance RSUs target.","Other recipients: SVPs Rowley (1,071/1,071), Connor (1,124/1,125), Farrow (770/769).","Awards vest over three years (33/33/34%); performance awards vest Dec 31, 2026-2028.","Performance criteria include TSR, GSWC operating expense, ASUS net earnings, acquisition success rate."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100827,"accession_number":"0001104659-26-018151","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2026-02-20T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"American States Water replaces Janney Montgomery Scott with Huntington Securities under equity distribution agreement","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amended equity distribution agreement replaces Janney Montgomery Scott with Huntington Securities as sales agent.","Maximum aggregate offering amount remains $200 million; approximately $40.7 million remains unsold.","Amendment effective February 20, 2026; all other terms of the original agreement unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100826,"accession_number":"0001628280-26-009130","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2026-02-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AWR Q4 adj. EPS +$0.18 YoY to $0.74; FY 2025 EPS $3.37 (+10.9% adj.)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 reported EPS $0.74 vs $0.75 Q4 2024; adjusted EPS $0.74 vs $0.56 (+$0.18).","FY 2025 reported EPS $3.37 vs $3.17 (+$0.20); adjusted EPS $3.37 vs $3.04 (+$0.33, +10.9%).","Water segment adj. Q4 EPS $0.50 (+$0.11 YoY) on CPUC rate increases; electric adj. $0.11 (+$0.04).","Dividend raised to $0.5040/share for Q1 2026, paid March 5; 71 consecutive years of increases; 5-yr CAGR 8.5%.","2025 capex $210.9M; 2026 capex guided $185-225M; contracted services awarded $29.4M in new projects."],"consensus_eps_estimate":null,"consensus_eps_actual":3.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":658073000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100825,"accession_number":"0001628280-26-008178","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2026-02-13T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"American States Water Co approves 2026 base salaries for five top officers","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["CEO Robert J. Sprowls base salary set at $1,004,300 for 2026.","CFO & Corporate Secretary Eva G. Tang base salary set at $661,600.","SVP Regulated Water Utility Paul J. Rowley base salary set at $518,200.","SVP American States Utility Services Christopher H. Connor base salary set at $451,500.","VP Finance & Treasurer Gladys M. Farrow base salary set at $412,000."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117130,"accession_number":"0001628280-25-053202","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-11-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"CPUC approves one-year deferral of GSWC cost of capital application to May 2027","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["CPUC postponed GSWC's cost of capital filing from May 1, 2026 to May 1, 2027, effective Jan 1, 2028.","Current authorized rate of return of 7.93% (10.06% ROE, 5.1% debt cost) remains through Dec 31, 2027.","Capital structure of 57% equity / 43% debt unchanged during deferral.","Request jointly made with three other investor-owned California water utilities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117129,"accession_number":"0001628280-25-049630","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AWR Q3 EPS up 11.6% to $1.06; GSWC gets CPUC nod for 17,500-unit community","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 2025 diluted EPS $1.06 (+$0.11 YoY); water $0.86, contracted services $0.19, electric $0.04.","YTD EPS $2.63 (+8.7% YoY); contracted services segment guided to $0.59-$0.63 for full 2025.","GSWC authorized $650M capital; on target to invest $180-$210M in 2025. CPUC approved water service for Sutter Pointe (up to 17,500 units).","Q4 dividend $0.5040/share (Dec 2 payment, Nov 14 record); 71 consecutive years of increases; 8.5% 5-yr CAGR.","ATM offering: $68M remaining; 1,680,979 shares sold through Sep 30, 2025; dilutive effect ~$0.02 in Q3."],"consensus_eps_estimate":null,"consensus_eps_actual":2.63,"consensus_revenue_estimate":null,"consensus_revenue_actual":493795000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133580,"accession_number":"0001628280-25-038391","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"American States Water Q2 2025 EPS $0.87, up 2.4% YoY; dividend raised 8.3%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated diluted EPS $0.87 vs $0.85 in Q2 2024; water segment contributed $0.73, electric $0.03, contracted services $0.13.","Water revenues up $9.3M driven by CPUC-authorized rate increases effective Jan 1, 2025; water supply costs rose $4.2M.","Quarterly dividend increased 8.3% to $0.5040/share, payable Sep 3, 2025; 71st consecutive year of annual dividend increases.","Contracted services segment expects full-year 2025 contribution of $0.59-$0.63 per share despite Q2 timing headwinds.","GSWC closed acquisition of water/wastewater assets serving up to 1,300 customers; CPUC approved nearly $650M in capital investments."],"consensus_eps_estimate":null,"consensus_eps_actual":1.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":311079000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150260,"accession_number":"0001056903-25-000014","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-06-03T23:59:59+00:00","items":["3.02","8.01"],"status":"ready","headline":"GSWC issues $100M notes and receives $50M equity from parent AWR to reduce debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["GSWC issued 3.65 common shares to parent AWR in exchange for $50M contribution used to pay down credit borrowings.","GSWC executed $100M unsecured private placement: $75M Series A at 5.30% due 2032; $25M Series B at 5.65% due 2037.","Proceeds from both transactions used to reduce outstanding borrowings under GSWC's credit agreement.","Notes have make-whole redemption at 50 bps above Treasury; covenants restrict additional debt and distributions to AWR."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150259,"accession_number":"0001056903-25-000011","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-05-22T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"AWR shareholders elect directors, approve say-on-pay, ratify auditors","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All three Class II director nominees (Bontá, Hopkins, Sprowls) received >28M votes for, with <2.3M withheld each.","Advisory vote on executive compensation passed: 28.2M for, 1.9M against, 200.7K abstentions.","PricewaterhouseCoopers LLP ratified as auditor with 33.4M votes for, 1.0M against, 120.2K abstentions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150258,"accession_number":"0001056903-25-000009","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AWR Q1 2025 EPS $0.70, up 13% YoY; new CPUC rates drive water segment growth","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated diluted EPS $0.70 vs $0.62 in Q1 2024, a $0.08 increase driven by new water and electric rates.","Water segment EPS $0.52 (+$0.04) from $1.7M revenue increase from CPUC general rate case decision.","Electric segment EPS $0.07 (+$0.02) on third-year rate hikes for wildfire mitigation plans.","Contracted services segment EPS flat at $0.13; FY 2025 guidance of $0.59–$0.63 per share.","Board declared Q2 dividend $0.4655/share, payable June 3, 2025; dividend CAGR 8.8% over five years."],"consensus_eps_estimate":null,"consensus_eps_actual":0.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":148013000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169269,"accession_number":"0001056903-25-000003","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-03-28T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"AWR board approves 2025 short-term incentive plan for executives","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Compensation Committee approved 2025 Bonus Program on March 27, 2025.","CEO Robert Sprowls target aggregate bonus: 100% of base salary; CFO Eva Tang: 39.3%.","Objective bonus (80% of target) tied to performance metrics; discretionary (20%) based on individual assessment.","Other executives: Paul Rowley (39.3%), Christopher Connor (47.3%), Gladys Farrow (33.2%) of base salary.","Plan covers 2025 calendar year; payments by Dec 31, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169268,"accession_number":"0001628280-25-012833","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-03-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"AWR grants RSUs and performance awards to CEO Sprowls and four other officers","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["CEO Sprowls: 6,503 time-vested RSUs (33/33/34% vest) and 19,512 target performance awards.","CFO Tang: 983 RSUs and 983 target performance awards; VP Connor: 1,027 RSUs and 1,028 target.","Performance awards tied to TSR vs. peer group, GSWC operating expense, and ASUS net earnings/success rate.","Awards vest over 2025–2027; accelerated upon death, disability, retirement, or qualifying change-in-control termination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169267,"accession_number":"0001628280-25-006398","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-02-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"American States Water Q4 EPS $0.75 vs $0.55; full year adjusted EPS $3.17, up $0.32","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2024 diluted EPS $0.75 (adjusted $0.69) vs $0.55 in Q4 2023; increase driven by CPUC rate decisions and $0.13/share tax benefit.","Full year 2024 GAAP EPS $3.17 vs $3.36; adjusted EPS $3.17 vs $2.85, up $0.32 YoY.","CPUC approved nearly $650M capital investments; water GRC for 2025-2027 and electric GRC for 2023-2026.","Dividend increased to $0.4655 per share for Q1 2025; 70 consecutive years of annual dividend increases.","Water segment full year adjusted EPS $2.51 vs $2.26; electric segment included $0.06 retroactive benefit in Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":3.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":595459000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169266,"accession_number":"0001628280-25-004436","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-02-07T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"AWR approves 2025 base salaries: CEO Sprowls $975K, CFO Tang $630.4K, three other officers","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Chairman/CEO Robert Sprowls base salary set at $975,000 for 2025.","CFO Eva Tang base salary set at $630,400; VP Paul Rowley at $488,900.","Christopher Connor (SVP) $430,200; Gladys Farrow (VP/Treasurer) $391,800.","Approved by independent board members on February 4, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169265,"accession_number":"0001628280-25-003589","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"CPUC approves Golden State Water rate case with sales reconciliation mechanism for 2025-2027","summary_kind":"llm","event_type":"regulatory","confidence":"medium","bullets":["CPUC final decision on Jan 30, 2025 sets new water rates for 2025-2027 at GSWC, AWR's regulated utility.","New 2025 rate increases implemented Feb 1, 2025 following the final decision.","Approval of sales reconciliation mechanism, initially rejected in proposed decision but granted in alternate decision.","Final decision aligns with December 27, 2024 alternate decision; no other material changes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169264,"accession_number":"0001628280-25-001953","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-01-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"CPUC finalizes Bear Valley Electric rate case; rates rising retroactive to Jan 2023","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["CPUC adopted final decision on Jan 16, 2025, consistent with proposed decision from Dec 12, 2024.","New electric rates for 2023-2026 will be implemented March 1, 2025, retroactive to Jan 1, 2023.","BVES will file within 90 days to recover retroactive amounts and incremental wildfire mitigation costs.","Financial impact of the decision will be reflected in Q4 2024 earnings and 2024 Form 10-K.","Settlement agreement between BVES, CPUC Public Advocates Office, and intervenor was fully adopted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169263,"accession_number":"0001628280-25-001952","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2025-01-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"CPUC approves one-year deferral of Golden State Water cost of capital application to May 2026","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["GSWC's next cost of capital filing deferred to May 1, 2026; effective date moved to Jan 1, 2027.","Current authorized rate of return of 7.93% on rate base remains in effect through Dec 31, 2026.","Authorized return includes 10.06% ROE, 5.1% embedded debt cost, 57% equity / 43% debt capital structure.","Deferral requested jointly by GSWC and three other California investor-owned water utilities in Dec 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186302,"accession_number":"0001628280-24-051882","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2024-12-18T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"CPUC proposed decision approves BVES rate case settlement for 2023-2026; vote Jan 16","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Proposed decision adopts revenue requirements for BVES for 2023-2026; voting by CPUC scheduled for Jan 16, 2025.","New rates retroactive to Jan 1, 2023; 2023 full-year and part-2024 impact expected in Q4 2024 results.","Settlement authorizes $75.6M in capital infrastructure over four-year cycle, including $23.1M for future recovery projects.","Adopts 10.0% ROE, 5.51% cost of debt, and 57% equity / 43% debt capital structure.","Wildfire mitigation costs currently not in rates approved for recovery; joint motion with CPUC Public Advocates Office."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186301,"accession_number":"0001628280-24-048845","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2024-11-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"CPUC proposed decision adopts GSWC rate case settlement; $573M capital investment authorized","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Proposed decision approves settlement in full for 2025-2027 rates; CPUC vote scheduled Dec 19, 2024.","Authorizes $573.1M capital infrastructure investment over three years, plus $58.2M projects already underway.","Rejects full sales decoupling mechanism; orders transition to Monterey-style WRAM and incremental cost balancing account.","Rejects PFAS cost tracking memorandum account; PFAS projects to be recovered via separate application or future rate case.","CEO notes disappointment on decoupling rejection but remains committed to infrastructure investment and service delivery."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186300,"accession_number":"0001628280-24-045764","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2024-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AWR Q3 EPS $0.95 vs $0.85 YoY; dividend raised 8.3%; $650M rate case capital authorized","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS of $0.95 for Q3 2024, up $0.10 from Q3 2023; water segment contributed $0.84 (+$0.12 YoY).","Quarterly dividend increased 8.3% to $0.4655, payable Dec 2, 2024; marks 70th consecutive year of increases.","Regulated utilities reached settlements authorizing nearly $650M in capital investments over water and electric rate cycles.","Contracted services expects FY2024 contribution of $0.54-$0.57 per share; awarded $54M new construction YTD Sep 2024.","Electric rate case settlement filed Nov 1, 2024; decision expected Q1 2025; retroactive to Jan 1, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":2.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":452361000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202922,"accession_number":"0001628280-24-035233","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AWR reports Q2 2024 adjusted EPS $0.85 vs $0.86 YoY; dividend raised 8.3%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 adjusted EPS of $0.85, down $0.01 from $0.86 in Q2 2023; recorded EPS fell from $1.04 on a prior-year one-time benefit.","Water segment adjusted EPS fell $0.06 to $0.67; electric segment EPS decreased $0.02 on higher costs and pending rate case.","Contracted services EPS rose $0.07 to $0.19, driven by new military base operations and favorable economic price adjustments.","Quarterly dividend increased 8.3% to $0.4655 per share, payable September 3, 2024; marks 70th consecutive annual increase.","Water utility reached settlement agreement for 2025-2027 rates authorizing $573.1 million in capital investment."],"consensus_eps_estimate":null,"consensus_eps_actual":1.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":290579000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202921,"accession_number":"0001628280-24-032187","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2024-07-18T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AWR unit GSWC reaches CPUC rate case settlement; $573M capital plan approved","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Settlement authorizes $573.1M capital infrastructure investment over 2025–2027 three-year cycle.","2025 adopted operating revenues less water supply costs projected ~$23M increase vs 2024 adopted.","Potential additional ~$20M revenue increases each for 2026 and 2027, subject to inflation and earnings test.","Two unresolved 2025 revenue issues (sales forecast, supply mix) and four regulatory mechanisms to be litigated.","Credit ratings affirmed during 2024: AWR A Stable (S&P); GSWC A+ Stable (S&P) and A2 Stable (Moody's)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219128,"accession_number":"0001628280-24-024970","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2024-05-23T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"American States Water shareholders elect directors, approve say-on-pay, ratify auditor at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Class I directors elected: Steven D. Davis (28.4M for), Anne M. Holloway (26.4M for), Caroline A. Winn (28.6M for).","Advisory say-on-pay approved with 27.2M votes for, 1.4M against, 248.8K abstentions.","PricewaterhouseCoopers LLP ratified as auditor with 31.9M for, 1.0M against, 125.7K abstentions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219127,"accession_number":"0001628280-24-021137","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AWR Q1 adjusted EPS $0.62, up $0.02 YoY; dividend steady at $0.43","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 2024 adjusted EPS $0.62 vs $0.60 YoY; recorded EPS $0.62 vs $0.93 (included $0.38 one-time gain in 2023).","Water segment adjusted EPS rose 17.1% to $0.48 on $5.2M revenue increase from rate case.","Contracted services began operating water/wastewater systems at two new military bases in April 2024.","Board declared Q2 dividend of $0.43/share, payable June 3, 2024; 69 consecutive years of increases.","Full-year contracted services EPS guidance reaffirmed at $0.50-$0.54."],"consensus_eps_estimate":null,"consensus_eps_actual":0.62,"consensus_revenue_estimate":null,"consensus_revenue_actual":135251000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":239008,"accession_number":"0001628280-24-013809","cik":1056903,"company_name":"AMERICAN STATES WATER CO","ticker":"AWR","form_type":"8-K","filed_at":"2024-03-29T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"AWR adopts 2024 Short-Term Incentive Program; CEO target bonus 100% of base salary","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Compensation Committee approved 2024 STIP for CEO Robert Sprowls (100%), CFO Eva Tang (38.2%), and other executives.","Bonus composed of 80% objective (based on performance targets) and 20% discretionary component.","Performance metrics include Adjusted EPS (consolidated, regulated utilities, ASUS), capital expenditures, customer complaints, and safety.","Exhibits 10.1 and 10.2 filed with detailed program terms and award agreement form.","Program covers 2024 calendar year; payouts subject to recoupment policy and SOX compliance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":3010779617.441018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}