American Water Works Company, Inc. (AWK), headquartered in Camden, New Jersey, provides water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. Valued at $24.3 billion by market cap, the company operates an extensive infrastructure of wastewater treatment plants, pipelines, wells, dams, storage facilities, and more.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and AWK perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the utilities - regulated water industry. AWK shows financial strength, growth through acquisitions and organic adds which includes 4,000 new customers and deals for 29,000 more, driving market expansion.
