American Water Works Company, Inc. 8-K

What Happened
On January 16, 2026, New Jersey American Water — a wholly owned subsidiary of American Water Works Company, Inc. — filed a request with the New Jersey Board of Public Utilities (NJBPU) to adjust its water and wastewater rates. The filing seeks approximately $146 million in aggregate annualized incremental revenues and is driven primarily by more than $1.4 billion of capital investments completed and planned through December 2026. The request is subject to NJBPU approval.

Key Details

• Requested aggregate annualized incremental revenues: ~ $146 million.
• Proposed return on equity (ROE): 10.75%.
• Proposed capital structure: 55.18% equity / 44.82% debt.
• Investments cited: over $1.4 billion of completed and planned capital investments through December 2026.
• Filing date: January 16, 2026; press release filed as Exhibit 99.1.

Why It Matters
If approved by the NJBPU, the new rates would increase regulated revenue collected by New Jersey American Water and could affect American Water Works’ future reported earnings and cash flows from its New Jersey operations. The timing, exact terms, and implementation date depend on regulatory review, settlements, or orders by the NJBPU. The company’s filing also includes standard forward-looking disclaimers noting outcomes are uncertain and dependent on regulatory and other factors.