---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-017291"
form_type: "8-K"
ticker: "AWR"
cik: "0001056903"
company_name: "AMERICAN STATES WATER CO"
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T05:44:35.209425+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AWR Q1 EPS $0.93 incl. $0.36 retroactive rate; adjusted EPS $0.54 vs $0.41 YoY

## Summary
- Q1 diluted EPS $0.93 vs $0.38 YoY; adjusted EPS (ex-retroactive & investment gains) $0.54 vs $0.41.
- CPUC proposed decision adopts settlement: authorizes ~$404.8M capital investment over three-year cycle.
- Cost of capital proposed decision: ROE 8.85%, debt cost 5.1% (down from 6.6% billed); final decision pending.
- Q2 dividend declared $0.3975/sh, payable June 1 to holders of record May 19; 68-year growth streak.

## SEC filing metadata
- accession: 0001628280-23-017291
- form_type: 8-K
- ticker: AWR
- cik: 0001056903
- company_name: AMERICAN STATES WATER CO
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056903/000162828023017291/0001628280-23-017291-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056903/000162828023017291/awr-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-017291
- JSON: https://secwatch.observer/filing/0001628280-23-017291.json
- Plain text: https://secwatch.observer/filing/0001628280-23-017291.txt

## Key facts
- Earnings Releases
  AMERICAN STATES WATER CO reported the quarter ended March 31, 2023 results: EPS $0.93 per share.
  - Period: the quarter ended March 31, 2023
  - EPS: $0.93 per share
  - Result: reported results
  source text: American States Water Company (NYSE:AWR) today reported basic and fully diluted earnings per share of $0.93 for the quarter ended March 31, 2023, as compared to basic and fully diluted earnings per share of $0.38 for the quarter ended March 31, 2022, an increase of $0.55 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056903/000162828023017291/0001628280-23-017291-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.