⚠ AI-Generated

The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.

American Water Works Company Inc. maintained substantial continuity in its risk disclosure framework between 2024 and 2025, with no new or removed risk factors but five substantive modifications to existing disclosures. The company updated language in three key risk areas: technology infrastructure and cybersecurity, employee and contractor misconduct, and regulatory lag in rate-setting processes. These modifications suggest American Water Works refined its articulation of ongoing operational and regulatory risks without altering its fundamental risk profile.

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

🟡 Modified We rely on technology to facilitate the management of our business as well as our customer and supplier relationships, and a failure or disruption of implemented technology could materially and adversely affect our business. 🔒

🟡 Modified Our business may be adversely affected by the intentional or other misconduct of our employees and contractors. 🔒

🟡 Modified The current regulatory rate setting process may result in a significant delay, also known as “regulatory lag,” from the time that we invest in infrastructure improvements, incur increased operating expenses as a result of inflation or other factors, incur increased cost of capital, including as a result of increasing short- and long-term interest rates, or experience declining water usage, to the time at which we can seek to address these events in general rate cases; our inability to mitigate or minimize regulatory lag or the impacts thereof could adversely affect our business. 🔒

🟡 Modified We have been, and may in the future be, subject to physical and cyber attacks. 🔒

🟡 Modified Our continued success is dependent upon our ability to attract, hire and retain highly qualified and skilled employees. 🔒

5 changes in this historical filing

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