
With a market cap of $25.1 billion, American Water Works Company, Inc. (AWK) is a major U.S. provider of water and wastewater services, serving roughly 3.5 million customers across 14 states. Through its extensive infrastructure, spanning treatment plants, wells, pumping stations, storage facilities, and thousands of miles of mains, it supports residential, commercial, industrial, and public sector clients.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and American Water Works fits this criterion perfectly. Headquartered in Camden, New Jersey, the company also operates on military installations and manages municipal water and wastewater systems.