FFilingSight

American Water Works (AWK) 10-K Red Flags

Risk signals extracted deterministically from American Water Works’s SEC 10-K/10-Q XBRL filings — no LLM, every finding cites the underlying data.

Detected red flags (13)

  • NEW: Going concern doubt in latest filing: The term "going concern" "substantial doubt" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 5 filing(s).
  • Material weakness in internal controls: The term "material weakness" "internal control" appears in 5 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.
  • Restatement of financial statements: The term "restatement of" "previously issued" appears in 3 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.
  • Operating cash flow exceeds net income: OCF is 1.85x net income, indicating high earnings quality — cash conversion is strong and accruals are not inflating reported profits.
  • Endogenous analysis: 3 risk signal(s) detected versus 1 positive signal(s). The balance of evidence suggests elevated filing-specific risk that warrants monitoring in subsequent filings.
  • 2 new XBRL disclosure(s) in latest filing — expanding reporting scope.
  • 20 disclosure(s) dropped from prior year — reduced reporting granularity.
  • 1 new risk-language term(s) detected in filing text: Going concern doubt.
  • Ongoing high-severity risk language: Material weakness in internal controls, Restatement of financial statements.
  • Composite risk: Elevated.
  • Leverage debt/equity 0.83 (moderate).
  • NEW: Going concern doubt in latest filing: The term "going concern" "substantial doubt" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 5 filing(s).
  • Material weakness in internal controls: The term "material weakness" "internal control" appears in 5 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.

Filings & ownership

  • Latest annual report (10-K) filed Feb 18, 2026.
  • Latest quarterly report (10-Q) filed Jul 29, 2026.
  • 23 recent 8-K material-event filings in the index.
  • Recent insider Form 4s: 0 buy vs 0 sell transactions.
  • ~10,000+ recent 13F-HR filings reference American Water Works; broad institutional reporting.
  • Recent filers include THURSTON, SPRINGER, MILLER, HERD & TITAK, INC., BANKERS TRUST CO /IA/, Copeland Capital Management, LLC.
  • 20 recent 13G passive institutional ownership notices.

Full AWK analyst report

Valuation (DCF & Graham), technicals, macro exposure, risk scorecard and 13F/13D ownership.

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Not investment advice. FilingSight is an automated analytical research tool, not a registered investment advisor. Ratings and scores are quantitative analytical classifications, not buy or sell recommendations. Nothing here is personalized to your circumstances. Investing involves risk of loss — consult a licensed professional. See full disclosures.