American States Water Company

American States Water Company is a publicly traded utility holding company primarily engaged in the provision of water and electricity services, alongside contracted services for military installations. Established in 1929 and headquartered in San Dimas, California, the company's mission is to maximize shareholder value through capital appreciation and cash dividends while delivering exemplary water, wastewater, and electric services to its customers.

The company operates through three main business units. Its water utility operations are conducted by Golden State Water Company, serving approximately 265,100 customer connections across more than 80 communities in Northern, Coastal, and Southern California. Bear Valley Electric Service, Inc. serves as its electric utility subsidiary, distributing electricity to about 24,900 customer connections in the Big Bear Lake area of California. Additionally, American States Utility Services, Inc. provides operations, maintenance, and construction management services for water and wastewater systems on twelve U.S. military bases under long-term privatization contracts.

Led by President and CEO Robert J. Sprowls, American States Water Company has a notable financial history, having increased annual dividends to shareholders for 71 consecutive years as of 2025/2026, placing it in an exclusive group of companies on the New York Stock Exchange. In April 2026, the company was recognized by Newsweek as one of America's Most Trustworthy Companies, ranking #1 in the Energy & Utilities industry, reflecting its strong market positioning and commitment to reliable service.