Regulated Water
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CWT vs GEV vs NEE vs PCG
Revenue, margins, valuation, and 5-year total return — side by side.
Renewable Utilities
Regulated Electric
Regulated Electric
CWT vs GEV vs NEE vs PCG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Regulated Water | Renewable Utilities | Regulated Electric | Regulated Electric |
| Market Cap | $2.58B | $300.69B | $198.92B | $35.62B |
| Revenue (TTM) | $1.01B | $39.38B | $27.93B | $25.83B |
| Net Income (TTM) | $119M | $9.38B | $8.18B | $2.95B |
| Gross Margin | 42.6% | 19.9% | 47.8% | 45.9% |
| Operating Margin | 15.7% | 3.9% | 29.5% | 19.4% |
| Forward P/E | 16.7x | 40.3x | 23.6x | 9.8x |
| Total Debt | $1.62B | $0.00 | $95.62B | $61.34B |
| Cash & Equiv. | $52M | $8.85B | $2.81B | $713M |
CWT vs GEV vs NEE vs PCG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Mar 24 | May 26 | Return |
|---|---|---|---|
| California Water Se… (CWT) | 100 | 92.6 | -7.4% |
| GE Vernova Inc. (GEV) | 100 | 818.3 | +718.3% |
| NextEra Energy, Inc. (NEE) | 100 | 149.3 | +49.3% |
| PG&E Corporation (PCG) | 100 | 96.5 | -3.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CWT vs GEV vs NEE vs PCG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CWT is the clearest fit if your priority is dividends.
- 2.9% yield, 22-year raise streak, vs NEE's 2.3%
GEV is the #2 pick in this set and the best alternative if long-term compounding is your priority.
- 7.5% 10Y total return vs NEE's 274.2%
- +179.3% vs CWT's -11.2%
- 15.2% ROA vs PCG's 2.1%, ROIC 27.9% vs 4.0%
NEE carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 30 yrs, beta 0.21, yield 2.3%
- Rev growth 11.0%, EPS growth -2.4%, 3Y rev CAGR 9.4%
- Lower volatility, beta 0.21, current ratio 0.60x
- PEG 1.36 vs CWT's 9.44
PCG lags the leaders in this set but could rank higher in a more targeted comparison.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 11.0% revenue growth vs CWT's -3.5% | |
| Value | Lower P/E (23.6x vs 40.3x) | |
| Quality / Margins | 29.3% margin vs PCG's 11.4% | |
| Stability / Safety | Beta 0.21 vs GEV's 1.76 | |
| Dividends | 2.9% yield, 22-year raise streak, vs NEE's 2.3% | |
| Momentum (1Y) | +179.3% vs CWT's -11.2% | |
| Efficiency (ROA) | 15.2% ROA vs PCG's 2.1%, ROIC 27.9% vs 4.0% |
CWT vs GEV vs NEE vs PCG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CWT vs GEV vs NEE vs PCG — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
GEV leads in 2 of 6 categories
PCG leads 1 • CWT leads 0 • NEE leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — GEV and NEE each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
GEV is the larger business by revenue, generating $39.4B annually — 39.0x CWT's $1.0B. NEE is the more profitable business, keeping 29.3% of every revenue dollar as net income compared to PCG's 11.4%. On growth, GEV holds the edge at +16.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $1.0B | $39.4B | $27.9B | $25.8B |
| EBITDAEarnings before interest/tax | $308M | $2.2B | $15.5B | $9.6B |
| Net IncomeAfter-tax profit | $119M | $9.4B | $8.2B | $3.0B |
| Free Cash FlowCash after capex | -$93M | $3.6B | -$3.8B | -$4.2B |
| Gross MarginGross profit ÷ Revenue | +42.6% | +19.9% | +47.8% | +45.9% |
| Operating MarginEBIT ÷ Revenue | +15.7% | +3.9% | +29.5% | +19.4% |
| Net MarginNet income ÷ Revenue | +11.8% | +23.8% | +29.3% | +11.4% |
| FCF MarginFCF ÷ Revenue | -9.2% | +9.2% | -13.6% | -16.3% |
| Rev. Growth (YoY)Latest quarter vs prior year | +5.2% | +16.1% | +7.3% | +15.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -69.3% | +18.2% | +160.0% | +39.3% |
Valuation Metrics
PCG leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 13.7x trailing earnings, PCG trades at a 78% valuation discount to GEV's 63.3x P/E. Adjusting for growth (PEG ratio), NEE offers better value at 1.67x vs CWT's 11.35x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $2.6B | $300.7B | $198.9B | $35.6B |
| Enterprise ValueMkt cap + debt − cash | $4.1B | $291.8B | $291.7B | $96.2B |
| Trailing P/EPrice ÷ TTM EPS | 20.01x | 63.25x | 28.99x | 13.71x |
| Forward P/EPrice ÷ next-FY EPS est. | 16.66x | 40.26x | 23.59x | 9.83x |
| PEG RatioP/E ÷ EPS growth rate | 11.35x | — | 1.67x | — |
| EV / EBITDAEnterprise value multiple | 12.70x | 130.23x | 19.01x | 9.75x |
| Price / SalesMarket cap ÷ Revenue | 2.57x | 7.90x | 7.24x | 1.43x |
| Price / BookPrice ÷ Book value/share | 1.51x | 25.12x | 3.00x | 1.09x |
| Price / FCFMarket cap ÷ FCF | — | 81.03x | — | — |
Profitability & Efficiency
GEV leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
GEV delivers a 79.7% return on equity — every $100 of shareholder capital generates $80 in annual profit, vs $7 for CWT. CWT carries lower financial leverage with a 0.95x debt-to-equity ratio, signaling a more conservative balance sheet compared to PCG's 1.87x. On the Piotroski fundamental quality scale (0–9), GEV scores 6/9 vs CWT's 4/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +6.9% | +79.7% | +12.7% | +9.1% |
| ROA (TTM)Return on assets | +2.1% | +15.2% | +3.9% | +2.1% |
| ROICReturn on invested capital | +4.4% | +27.9% | +4.1% | +4.0% |
| ROCEReturn on capital employed | +3.7% | +6.6% | +4.7% | +4.0% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.95x | — | 1.44x | 1.87x |
| Net DebtTotal debt minus cash | $1.6B | -$8.8B | $92.8B | $60.6B |
| Cash & Equiv.Liquid assets | $52M | $8.8B | $2.8B | $713M |
| Total DebtShort + long-term debt | $1.6B | $0 | $95.6B | $61.3B |
| Interest CoverageEBIT ÷ Interest expense | 3.20x | — | 1.99x | 1.61x |
Total Returns (Dividends Reinvested)
GEV leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in GEV five years ago would be worth $85,407 today (with dividends reinvested), compared to $8,366 for CWT. Over the past 12 months, GEV leads with a +179.3% total return vs CWT's -11.2%. The 3-year compound annual growth rate (CAGR) favors GEV at 104.4% vs CWT's -6.5% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +1.0% | +64.8% | +18.6% | -0.3% |
| 1-Year ReturnPast 12 months | -11.2% | +179.3% | +46.8% | -4.2% |
| 3-Year ReturnCumulative with dividends | -18.3% | +754.1% | +33.8% | -5.7% |
| 5-Year ReturnCumulative with dividends | -16.3% | +754.1% | +42.0% | +50.0% |
| 10-Year ReturnCumulative with dividends | +81.3% | +754.1% | +274.2% | -67.1% |
| CAGR (3Y)Annualised 3-year return | -6.5% | +104.4% | +10.2% | -1.9% |
Risk & Volatility
Evenly matched — CWT and NEE each lead in 1 of 2 comparable metrics.
Risk & Volatility
CWT is the less volatile stock with a -0.26 beta — it tends to amplify market swings less than GEV's 1.76 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NEE currently trades 96.6% from its 52-week high vs PCG's 84.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.26x | 1.76x | 0.21x | 0.45x |
| 52-Week HighHighest price in past year | $50.44 | $1181.95 | $98.75 | $19.16 |
| 52-Week LowLowest price in past year | $41.29 | $387.03 | $63.88 | $12.97 |
| % of 52W HighCurrent price vs 52-week peak | +85.3% | +94.7% | +96.6% | +84.4% |
| RSI (14)Momentum oscillator 0–100 | 39.2 | 63.8 | 57.2 | 35.6 |
| Avg Volume (50D)Average daily shares traded | 489K | 2.4M | 8.7M | 21.2M |
Analyst Outlook
Evenly matched — CWT and NEE each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: CWT as "Buy", GEV as "Buy", NEE as "Buy", PCG as "Buy". Consensus price targets imply 42.2% upside for PCG (target: $23) vs 0.1% for GEV (target: $1120). For income investors, CWT offers the higher dividend yield at 2.88% vs PCG's 0.62%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $54.00 | $1119.95 | $98.13 | $23.00 |
| # AnalystsCovering analysts | 10 | 28 | 36 | 29 |
| Dividend YieldAnnual dividend ÷ price | +2.9% | +0.1% | +2.3% | +0.6% |
| Dividend StreakConsecutive years of raises | 22 | 1 | 30 | 1 |
| Dividend / ShareAnnual DPS | $1.24 | $1.00 | $2.24 | $0.10 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | +1.1% | 0.0% | 0.0% |
GEV leads in 2 of 6 categories (Profitability & Efficiency, Total Returns). PCG leads in 1 (Valuation Metrics). 3 tied.
CWT vs GEV vs NEE vs PCG: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CWT or GEV or NEE or PCG a better buy right now?
For growth investors, NextEra Energy, Inc.
(NEE) is the stronger pick with 11. 0% revenue growth year-over-year, versus -3. 5% for California Water Service Group (CWT). PG&E Corporation (PCG) offers the better valuation at 13. 7x trailing P/E (9. 8x forward), making it the more compelling value choice. Analysts rate California Water Service Group (CWT) a "Buy" — based on 10 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CWT or GEV or NEE or PCG?
On trailing P/E, PG&E Corporation (PCG) is the cheapest at 13.
7x versus GE Vernova Inc. at 63. 3x. On forward P/E, PG&E Corporation is actually cheaper at 9. 8x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: NextEra Energy, Inc. wins at 1. 36x versus California Water Service Group's 9. 44x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — CWT or GEV or NEE or PCG?
Over the past 5 years, GE Vernova Inc.
(GEV) delivered a total return of +754. 1%, compared to -16. 3% for California Water Service Group (CWT). Over 10 years, the gap is even starker: GEV returned +754. 1% versus PCG's -67. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CWT or GEV or NEE or PCG?
By beta (market sensitivity over 5 years), California Water Service Group (CWT) is the lower-risk stock at -0.
26β versus GE Vernova Inc. 's 1. 76β — meaning GEV is approximately -766% more volatile than CWT relative to the S&P 500. On balance sheet safety, California Water Service Group (CWT) carries a lower debt/equity ratio of 95% versus 187% for PG&E Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — CWT or GEV or NEE or PCG?
By revenue growth (latest reported year), NextEra Energy, Inc.
(NEE) is pulling ahead at 11. 0% versus -3. 5% for California Water Service Group (CWT). On earnings-per-share growth, the picture is similar: GE Vernova Inc. grew EPS 217. 0% year-over-year, compared to -33. 8% for California Water Service Group. Over a 3-year CAGR, NEE leads at 9. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CWT or GEV or NEE or PCG?
NextEra Energy, Inc.
(NEE) is the more profitable company, earning 24. 9% net margin versus 10. 8% for PG&E Corporation — meaning it keeps 24. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NEE leads at 30. 1% versus 3. 6% for GEV. At the gross margin level — before operating expenses — NEE leads at 62. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CWT or GEV or NEE or PCG more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, NextEra Energy, Inc. (NEE) is the more undervalued stock at a PEG of 1. 36x versus California Water Service Group's 9. 44x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, PG&E Corporation (PCG) trades at 9. 8x forward P/E versus 40. 3x for GE Vernova Inc. — 30. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for PCG: 42. 2% to $23. 00.
08Which pays a better dividend — CWT or GEV or NEE or PCG?
In this comparison, CWT (2.
9% yield), NEE (2. 3% yield), PCG (0. 6% yield) pay a dividend. GEV does not pay a meaningful dividend and should not be held primarily for income.
09Is CWT or GEV or NEE or PCG better for a retirement portfolio?
For long-horizon retirement investors, California Water Service Group (CWT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
26), 2. 9% yield). GE Vernova Inc. (GEV) carries a higher beta of 1. 76 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (CWT: +81. 3%, GEV: +754. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CWT and GEV and NEE and PCG?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CWT is a small-cap quality compounder stock; GEV is a large-cap quality compounder stock; NEE is a mid-cap quality compounder stock; PCG is a mid-cap deep-value stock. CWT, NEE, PCG pay a dividend while GEV does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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