
American Water Works Company, Inc. (AWK) is a leading player in the water and wastewater services sector, boasting a market cap of $28.9 billion. Based in Camden, New Jersey, the company operates an extensive infrastructure, providing essential services to approximately 3.5 million customers across 14 states.
Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and American Water Works fits this criterion perfectly. AWK stands out in the market for its significant presence across both civilian and military sectors, operating a vast network of water and wastewater facilities under long-term contracts and emphasizing strong sustainability practices.