Sentiment · FY2026 Q1
What companies say about each other on earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“The regulatory approval process for the Nexus Water Group systems is progressing well.”
American Water's pending acquisition of Nexus Water Group systems cleared HSR early termination and several state approvals, targeting an August 2026 close.
“And just last month, Moody's affirmed our solid Baa1 investment-grade credit rating and stable outlook.”
Moody's affirmed American Water's Baa1 investment-grade rating and stable outlook, supporting the company's balance-sheet strength.
“We will remain A rated at S&P with a stable outlook.”
S&P maintains American Water's A credit rating with a stable outlook, reflecting continued credit-supportive regulatory outcomes.
“we ended the year with the announcement that we entered into a definitive merger agreement with Essential Utilities.”
American Water is acquiring Essential Utilities in an all-stock merger that shareholders of both companies approved, expected to close by end of Q1 2027 to form a leading water/wastewater utility.
“including the Nexus Water Group systems that will add nearly 47,000 customer connections”
American Water is acquiring the Nexus Water Group systems (regulatory approval progressing), adding roughly 47,000 customer connections.
“how incredibly excited we are to be combining with Essential Utilities, which we announced earlier this week”
American Water announced a merger with Essential Utilities, a transformative combination in the regulated water utility sector.
“we were pleased to announce an agreement with the Nexus Water Group subsidiary to purchase multiple water and wastewater systems located in 8 states for $315 million. This acquisition will add nearly 47,000 customer connections and approximately $200 million to rate base.”
American Water agreed to acquire water/wastewater systems from Nexus Water Group across 8 states for $315 million, adding roughly 47,000 customer connections and $200 million to rate base.
“Also, as John mentioned, S&P affirmed our A rating in April, which followed Moody’s affirmation of our Baa1 investment credit rating in January with a stable outlook from both.”
Moody's affirmed American Water's Baa1 investment-grade credit rating in January 2025 with a stable outlook.
“Also, as John mentioned, S&P affirmed our A rating in April, which followed Moody’s affirmation of our Baa1 investment credit rating in January with a stable outlook from both.”
S&P affirmed American Water's A investment-grade credit rating in April 2025 with a stable outlook, reflecting confidence in the company's balance sheet and cash flows.
“We announced earlier that we had signed a contract with Calgon Carbon to make sure that we can obtain all the vessels and the necessary carbon and the regeneration of the carbon long term.”
American Water signed a long-term supply contract with Calgon Carbon for the vessels and activated carbon needed to support its PFAS treatment build-out.
“just last month, Moody's affirmed our solid Baa1 investment-grade credit rating and stable outlook.”
Moody's affirmed American Water's Baa1 investment-grade rating and stable outlook, citing strong regulatory diversity and steady financial performance.
“We remain A-rated at S&P with a stable outlook and just last month, Moody's affirmed our solid Baa1 investment-grade credit rating and stable outlook.”
S&P holds American Water at an A rating with a stable outlook, reflecting the company's regulatory and operational diversity.
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Rick Sunderland | Truist Securities | 6 (0%) |
| Paul Zimbardo | Jefferies | 6 (0%) |
| Gregg Orrill | UBS | 5 (0%) |
| Angie Storozynski | Seaport Research Partners | 5 (0%) |
| Jon Reeder | Wells Fargo | 4 (0%) |
| Spark Li | Jefferies | 3 (0%) |
| Aidan Kelly | JPMorgan | 2 (0%) |
| Durgesh Chopra | Evercore ISI | 2 (0%) |
| Tony Crowdell | Mizuho Securities | 2 (0%) |
| Aditya Gandhi | Wolfe Research | 2 (50%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Jefferies | 2 | 9 (0%) |
| Wells Fargo | 2 | 6 (0%) |
| Truist Securities | 1 | 6 (0%) |
| UBS | 1 |
| 5 (0%) |
| Seaport Research Partners | 1 | 5 (0%) |
| Mizuho Securities | 2 | 4 (25%) |
| Wolfe Research | 1 | 2 (50%) |
| JPMorgan | 1 | 2 (0%) |
American Water Works reported FY2025 adjusted earnings of $5.64 per share representing 8.9% growth, as revenue grew 5.8% in Q4. GAAP EPS declined 0.8% but this was distorted by merger-related transaction costs, while operating income rose 1.3%. FY2026 guidance of $6.02-$6.12 was affirmed without change. Six rate cases were completed in 2025, the acquisition pipeline reached 104,000 connections, and capital investment of $3.2 billion was executed. Higher O&M and financing costs weighed on margins.
Regulation Policy | M&A | Capital Allocation | Capex Investment | Demand | Margin | Guidance Reliability | Revenue Growth | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 5 | 2 | 2 | 3 | 2 | 2 | 1 | |
| 2025Q1 | 3 | 1 | 1 | 1 | 1 | |||
| 2025Q2 | 3 | 3 | 1 | 1 | 1 | 1 | ||
| 2025Q4 | 4 | 2 | 2 | |||||
| 2026Q1 | 4 | 2 | 3 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|
| Regulation Policy | 5 | 3 | 3 | 4 | 4 |
| M&A | 2 | 1 | 3 | 2 | 2 |
| Capital Allocation | 2 | 1 | 1 | 2 | 3 |
| Capex Investment | 3 | 1 | |||
| Demand | 2 | 1 | |||
| Margin | 1 | 1 | 1 | ||
| Guidance Reliability | 2 | ||||
| Revenue Growth | 1 | 1 |