AWK
You’ve read what changed. Here’s whether the market is confirming it.
Market read
AWK accounts for 5.9% of the group's measured movement across 6.3 effective names. all 8 measured members are falling in raw terms, but 8 of 8 SPY-adjusted paths align to the downside. Capital-flow agreement is 26%, so confirmation is not yet clean. No verified headline preceded the measured group move.
RSG, AWR, HTO moved materially before AWK. AWK crossed its material path threshold at 15:45 ET.
8 of 8 members in Regulated Water Utilities are active. 0 of 2 disclosed connections are confirming.
Invalidation: The live read weakens if participation falls to 2 of 8 members or fewer.
Research brief
AWK accounts for 5.9% of the group's measured movement across 6.3 effective names. all 8 measured members are falling in raw terms, but 8 of 8 SPY-adjusted paths align to the downside. Capital-flow agreement is 26%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
No qualifying adverse evidence was identified; that is not proof there is no downside.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“For the Three Months Ended March 31, (Gallons in millions) 2026 2025 Billed water services volumes: Residential 34,511 34,691 Commercial 17,553 17,197 Industrial 9,160 8,654 Fire service, public and other 11,952 12,392 Total billed water services volumes 73,1…”10-Q · Apr 29, 2026 ↗
“For the six months ended June 30, 2026, cash flows provided by financing activities decreased $394 million, primarily due to net repayments of short-term commercial paper compared to net borrowings in the prior period, higher repayments of long-term debt and…”10-Q · Jul 29, 2026 ↗
“Depreciation and Amortization In 2025, as compared to 2024, depreciation and amortization increased $111 million primarily due to additional utility plant placed in service from capital infrastructure investments and higher depreciation rates from recent rate…”10-K · Feb 18, 2026 ↗
“PFAS Multi-district litigation settlements represent payments from litigation related to certain per- and polyfluoroalkyl substances (collectively, “PFAS”) the Company has received that the Company intends to pass back to customers, subject to regulatory appr…”10-K · Feb 18, 2026 ↗
Valuation discipline
Price/sales 4.9× · EV/sales 4.9×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for AWK. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
10-Q filed 2026-04-29 against the comparable filing from 2025-04-30.
“Other Presented in the table below is information for Other: For the Three Months Ended March 31, (In millions) 2026 2025 Operating revenues $ 96 $ 93 Operation and maintenance 76 73 Depreciation and amortization 3 3 General taxes 4 6 Interest expense (37) (30) Interest income 11 21 Other income 3 7 Provision for income taxes 2 5 Net (loss) income attributable to common shareholders $ (12) $ 4 Interest expense For the three months ended March 31, 2026, interest expense increased $7 million primarily due to the issuance of incremental long-term debt in the prior period.”
“Other Expenses For the three months ended March 31, 2026, other expenses increased $10 million primarily due to higher interest expense from the issuance of incremental long-term debt.”
“ed $661 million, primarily due to proceeds from the HOS secured seller promissory note repaid in February 2026, partially offset by increased payments for capital expenditures.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“Advances for Construction and Contributions in Aid of Construction Regulated utility subsidiaries may receive advances for construction and contributions in aid of construction from customers, home builders and real estate developers to fund construction nece…”
Depended on by
“1 Table of Contents On October 26, 2025, we entered into an Agreement and Plan of Merger (the “Merger Agreement”) with American Water Works Company, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
AWK is currently a Participant in the organic co-movement group Regulated Water Utilities. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
No durable theme membership has been observed for this name yet.