Flagship explainer

How AMERICAN STATES WATER CO makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$137M · 100%Cost of revenue$60.6M · 44%Gross profit$76.1M · 56%Operating income$203M · 149%Income before tax$170M · 124%Income tax$39.4M · 29%Net income$130M · 95%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$137M100%
Cost of revenue$60.6M44%
$76.1M56%
$203M149%
Income before tax$170M124%
Income tax$39.4M29%
$130M95%
Source: · event Dec 31, 2025 · retrieved Oct 17, 2026 · annual-row source set
Embed this chart

View the full AMERICAN STATES WATER CO analysis at Buy Like Buffett