American States Water Company Named on TIME’s America’s Best Companies 2026 List

SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) announced today that it has been named on the list of TIME’s America’s Best Companies 2026 and is one of only two investor-owned water utilities on the list. Companies are ranked by the following criteria: Financial Performance, Employee Satisfaction, and Sustainability Transparency.

“It is an honor to once again be named as one of the best companies,” stated Robert J. Sprowls, president and chief executive officer of American States Water Company. “This recognition reflects the company’s disciplined execution of its strategic growth plans, strong financial performance, commitment to our workforce, and robust environmental, social responsibility and governance practices.”

TIME partnered with market research firm Statista to collect data via employee surveys, financial performance, and evaluation of ESG practices. 1,000 companies were named to the list.

View the full list of TIME’s America’s Best Companies here.

About American States Water Company

American States Water Company is the parent of Golden State Water Company, Bear Valley Electric Service, Inc. and American States Utility Services, Inc., serving over one million people in ten states. Through its water utility subsidiary, Golden State Water Company, the company provides water service to approximately 265,100 customer connections located within more than 80 communities in Northern, Coastal and Southern California. Through its electric utility subsidiary, Bear Valley Electric Service, Inc., the company distributes electricity to approximately 24,900 customer connections in the City of Big Bear Lake and surrounding areas in San Bernardino County, California. Through its contracted services subsidiary, American States Utility Services, Inc., the company provides operations, maintenance and construction management services for water distribution, wastewater collection, and treatment facilities located on twelve military bases throughout the country under 50-year privatization contracts with the U.S. government in eight states and one military base under a 15-year contract in one additional state.

AWR has paid common dividends to shareholders every year since 1931, increasing the dividends received by shareholders each calendar year for 71 consecutive years, which places it in an exclusive group of companies on the New York Stock Exchange that have achieved that result. The company has grown its quarterly dividend rate at a compound annual growth rate (CAGR) of 8.5% over the last five years since the second quarter of 2021 and has achieved a 10-year CAGR of 8.3% in its calendar year dividend payments through 2025. AWR’s current policy is to achieve a CAGR in the dividend of more than 7% over the long-term.