Camden, New Jersey-based American Water Works Company, Inc. (AWK) provides water and wastewater services in the United States and offers water and wastewater services on military installations, undertakes contracts with municipal customers to operate and manage water and wastewater facilities, and offers other related services. The company has a market cap of $27.6 billion and operates approximately 80 surface water treatment plants; 520 groundwater treatment plants; 170 wastewater treatment plants; and 55,000 miles of transmission, distribution, and collection.
Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” AWK fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the regulated water utilities industry.
