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American Water Works Co (American Water Works Co) Cyclically Adjusted FCF per Share : $-2.37 (As of Dec. 2023)


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What is American Water Works Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

American Water Works Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-1.607. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-2.37 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -33.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -31.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of American Water Works Co was 74.70% per year. The lowest was -246.00% per year. And the median was 4.70% per year.

As of today (2024-04-28), American Water Works Co's current stock price is $120.78. American Water Works Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-2.37. American Water Works Co's Cyclically Adjusted Price-to-FCF of today is .


American Water Works Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for American Water Works Co's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Water Works Co Cyclically Adjusted FCF per Share Chart

American Water Works Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.72 -0.99 -1.18 -1.96 -2.37

American Water Works Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.96 -2.09 -2.16 -2.30 -2.37

Competitive Comparison of American Water Works Co's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Water subindustry, American Water Works Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Water Works Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, American Water Works Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where American Water Works Co's Cyclically Adjusted Price-to-FCF falls into.



American Water Works Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, American Water Works Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1.607/129.4194*129.4194
=-1.607

Current CPI (Dec. 2023) = 129.4194.

American Water Works Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.234 99.695 0.304
201406 -0.136 100.560 -0.175
201409 0.589 100.428 0.759
201412 -0.334 99.070 -0.436
201503 -0.233 99.621 -0.303
201506 -0.361 100.684 -0.464
201509 0.544 100.392 0.701
201512 -0.350 99.792 -0.454
201603 -0.229 100.470 -0.295
201606 -0.360 101.688 -0.458
201609 0.337 101.861 0.428
201612 -0.341 101.863 -0.433
201703 -0.034 102.862 -0.043
201706 -0.559 103.349 -0.700
201709 0.620 104.136 0.771
201712 -0.369 104.011 -0.459
201803 -0.922 105.290 -1.133
201806 -0.497 106.317 -0.605
201809 0.271 106.507 0.329
201812 -0.448 105.998 -0.547
201903 -0.972 107.251 -1.173
201906 -0.536 108.070 -0.642
201909 0.177 108.329 0.211
201912 -0.740 108.420 -0.883
202003 -1.387 108.902 -1.648
202006 -0.762 108.767 -0.907
202009 -0.066 109.815 -0.078
202012 -0.546 109.897 -0.643
202103 -0.995 111.754 -1.152
202106 -0.516 114.631 -0.583
202109 0.159 115.734 0.178
202112 -1.022 117.630 -1.124
202203 -1.593 121.301 -1.700
202206 -3.066 125.017 -3.174
202209 -0.385 125.227 -0.398
202212 -2.165 125.222 -2.238
202303 -1.462 127.348 -1.486
202306 -1.256 128.729 -1.263
202309 -0.144 129.860 -0.144
202312 -1.607 129.419 -1.607

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


American Water Works Co  (NYSE:AWK) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


American Water Works Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of American Water Works Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


American Water Works Co (American Water Works Co) Business Description

Address
1 Water Street, Camden, NJ, USA, 08102-1658
American Water Works is the largest investor-owned U.S. water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets. The company's nonregulated business is water services for military bases, which operates under long-term contracts with regulated-like returns.
Executives
Michael Marberry director 3050 SPRUCE STREET, ST. LOUIS MO 63103
Martha Clark Goss director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Laurie P. Havanec director ONE CARRIER PLACE, FARMINGTON CT 06032
Melanie M Kennedy officer: SVP, Human Resources 1 WATER STREET, CAMDEN NJ 08102-1658
John C. Griffith officer: EVP Chief Financial Officer 1 WATER STREET, CAMDEN NJ 08102-1658
James H Gallegos officer: EVP and General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658
Cheryl Norton officer: SVP,Chief Envrn Off & East Div 1 WATER STREET, CAMDEN NJ 08102-1658
Melissa K. Wikle officer: Vice President and Controller 1 WATER STREET, CAMDEN NJ 08102-1658
Walter Lynch officer: Executive VP, Eastern Division 1 WATER STREET, CAMDEN NJ 08102-1658
Maureen Duffy officer: VP,Corp.Comm.&External Affairs 1 WATER STREET, CAMDEN NJ 08102-1658
Adam W. Noble officer: Chief Tech. & Innov. Officer 1 WATER STREET, CAMDEN NJ 08102-1658
Lloyd M Yates director 1N 2ND ST, HARTSVILLE SC 29550
Bruce A Hauk officer: Pres, Reg. Ops & Military Serv 110 W. TAYLOR STREET, SAN JOSE CA 95110
Kevin B Kirwan officer: SVP, Chief Op Excel&Safety Off 1 WATER STREET, CAMDEN NJ 08102-1658
Michael A Sgro officer: Interim General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658