Regulated Water
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CWT vs YORW
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Water
CWT vs YORW — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Regulated Water | Regulated Water |
| Market Cap | $2.58B | $463M |
| Revenue (TTM) | $1.01B | $-18M |
| Net Income (TTM) | $119M | $21M |
| Gross Margin | 42.6% | 54.8% |
| Operating Margin | 15.7% | 35.8% |
| Forward P/E | 16.7x | 17.9x |
| Total Debt | $1.62B | $232M |
| Cash & Equiv. | $52M | $1K |
CWT vs YORW — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| California Water Se… (CWT) | 100 | 91.6 | -8.4% |
| The York Water Comp… (YORW) | 100 | 65.3 | -34.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CWT vs YORW
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 long-term compounding and sleep-well-at-night.
- 81.3% 10Y total return vs YORW's 24.9%
- Lower volatility, beta -0.26, Low D/E 95.4%, current ratio 0.85x
- PEG 9.44 vs YORW's 9.83
YORW carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 31 yrs, beta 0.08, yield 3.0%
- Rev growth 3.4%, EPS growth -2.1%, 3Y rev CAGR 8.9%
- Beta 0.08, yield 3.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.4% revenue growth vs CWT's -3.5% | |
| Value | Lower P/E (16.7x vs 17.9x), PEG 9.44 vs 9.83 | |
| Quality / Margins | 25.9% margin vs CWT's 11.8% | |
| Stability / Safety | Lower D/E ratio (95.4% vs 96.6%) | |
| Dividends | 3.0% yield, 31-year raise streak, vs CWT's 2.9% | |
| Momentum (1Y) | -11.2% vs YORW's -14.7% | |
| Efficiency (ROA) | 4.2% ROA vs CWT's 2.1%, ROIC 4.6% vs 4.4% |
CWT vs YORW — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CWT vs YORW — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
YORW leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CWT and YORW operate at a comparable scale, with $1.0B and -$18M in trailing revenue. YORW is the more profitable business, keeping 25.9% of every revenue dollar as net income compared to CWT's 11.8%. On growth, CWT holds the edge at +5.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $1.0B | -$18M |
| EBITDAEarnings before interest/tax | $308M | $42M |
| Net IncomeAfter-tax profit | $119M | $21M |
| Free Cash FlowCash after capex | -$93M | -$30M |
| Gross MarginGross profit ÷ Revenue | +42.6% | +54.8% |
| Operating MarginEBIT ÷ Revenue | +15.7% | +35.8% |
| Net MarginNet income ÷ Revenue | +11.8% | +25.9% |
| FCF MarginFCF ÷ Revenue | -9.2% | -24.3% |
| Rev. Growth (YoY)Latest quarter vs prior year | +5.2% | -100.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -69.3% | +32.0% |
Valuation Metrics
CWT leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 20.0x trailing earnings, CWT trades at a 4% valuation discount to YORW's 20.9x P/E. Adjusting for growth (PEG ratio), CWT offers better value at 11.35x vs YORW's 11.45x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $2.6B | $463M |
| Enterprise ValueMkt cap + debt − cash | $4.1B | $696M |
| Trailing P/EPrice ÷ TTM EPS | 20.01x | 20.87x |
| Forward P/EPrice ÷ next-FY EPS est. | 16.66x | 17.91x |
| PEG RatioP/E ÷ EPS growth rate | 11.35x | 11.45x |
| EV / EBITDAEnterprise value multiple | 12.70x | 16.58x |
| Price / SalesMarket cap ÷ Revenue | 2.57x | 5.98x |
| Price / BookPrice ÷ Book value/share | 1.51x | 1.74x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
YORW leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
YORW delivers a 8.9% return on equity — every $100 of shareholder capital generates $9 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 YORW's 0.97x. On the Piotroski fundamental quality scale (0–9), CWT scores 4/9 vs YORW's 3/9, reflecting mixed financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +6.9% | +8.9% |
| ROA (TTM)Return on assets | +2.1% | +4.2% |
| ROICReturn on invested capital | +4.4% | +4.6% |
| ROCEReturn on capital employed | +3.7% | +4.4% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 3 |
| Debt / EquityFinancial leverage | 0.95x | 0.97x |
| Net DebtTotal debt minus cash | $1.6B | $232M |
| Cash & Equiv.Liquid assets | $52M | $1,000 |
| Total DebtShort + long-term debt | $1.6B | $232M |
| Interest CoverageEBIT ÷ Interest expense | 3.20x | 1.92x |
Total Returns (Dividends Reinvested)
CWT leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CWT five years ago would be worth $8,366 today (with dividends reinvested), compared to $6,793 for YORW. Over the past 12 months, CWT leads with a -11.2% total return vs YORW's -14.7%. The 3-year compound annual growth rate (CAGR) favors CWT at -6.5% vs YORW's -9.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +1.0% | -7.8% |
| 1-Year ReturnPast 12 months | -11.2% | -14.7% |
| 3-Year ReturnCumulative with dividends | -18.3% | -26.3% |
| 5-Year ReturnCumulative with dividends | -16.3% | -32.1% |
| 10-Year ReturnCumulative with dividends | +81.3% | +24.9% |
| CAGR (3Y)Annualised 3-year return | -6.5% | -9.7% |
Risk & Volatility
CWT leads this category, winning 2 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 YORW's 0.08 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CWT currently trades 85.3% from its 52-week high vs YORW's 82.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.26x | 0.08x |
| 52-Week HighHighest price in past year | $50.44 | $35.26 |
| 52-Week LowLowest price in past year | $41.29 | $28.26 |
| % of 52W HighCurrent price vs 52-week peak | +85.3% | +82.3% |
| RSI (14)Momentum oscillator 0–100 | 39.2 | 35.8 |
| Avg Volume (50D)Average daily shares traded | 489K | 173K |
Analyst Outlook
YORW leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates CWT as "Buy" and YORW as "Hold". For income investors, YORW offers the higher dividend yield at 3.02% vs CWT's 2.88%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $54.00 | — |
| # AnalystsCovering analysts | 10 | 4 |
| Dividend YieldAnnual dividend ÷ price | +2.9% | +3.0% |
| Dividend StreakConsecutive years of raises | 22 | 31 |
| Dividend / ShareAnnual DPS | $1.24 | $0.88 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | 0.0% |
YORW leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CWT leads in 3 (Valuation Metrics, Total Returns).
CWT vs YORW: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is CWT or YORW a better buy right now?
For growth investors, The York Water Company (YORW) is the stronger pick with 3.
4% revenue growth year-over-year, versus -3. 5% for California Water Service Group (CWT). California Water Service Group (CWT) offers the better valuation at 20. 0x trailing P/E (16. 7x 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 YORW?
On trailing P/E, California Water Service Group (CWT) is the cheapest at 20.
0x versus The York Water Company at 20. 9x. On forward P/E, California Water Service Group is actually cheaper at 16. 7x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: California Water Service Group wins at 9. 44x versus The York Water Company's 9. 83x.
03Which is the better long-term investment — CWT or YORW?
Over the past 5 years, California Water Service Group (CWT) delivered a total return of -16.
3%, compared to -32. 1% for The York Water Company (YORW). Over 10 years, the gap is even starker: CWT returned +81. 3% versus YORW's +24. 9%. 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 YORW?
By beta (market sensitivity over 5 years), California Water Service Group (CWT) is the lower-risk stock at -0.
26β versus The York Water Company's 0. 08β — meaning YORW is approximately -129% 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 97% for The York Water Company — giving it more financial flexibility in a downturn.
05Which is growing faster — CWT or YORW?
By revenue growth (latest reported year), The York Water Company (YORW) is pulling ahead at 3.
4% versus -3. 5% for California Water Service Group (CWT). On earnings-per-share growth, the picture is similar: The York Water Company grew EPS -2. 1% year-over-year, compared to -33. 8% for California Water Service Group. Over a 3-year CAGR, YORW leads at 8. 9% 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 YORW?
The York Water Company (YORW) is the more profitable company, earning 25.
9% net margin versus 12. 8% for California Water Service Group — meaning it keeps 25. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: YORW leads at 35. 8% versus 18. 2% for CWT. At the gross margin level — before operating expenses — YORW leads at 54. 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 YORW 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, California Water Service Group (CWT) is the more undervalued stock at a PEG of 9. 44x versus The York Water Company's 9. 83x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, California Water Service Group (CWT) trades at 16. 7x forward P/E versus 17. 9x for The York Water Company — 1. 3x cheaper on a one-year earnings basis.
08Which pays a better dividend — CWT or YORW?
All stocks in this comparison pay dividends.
The York Water Company (YORW) offers the highest yield at 3. 0%, versus 2. 9% for California Water Service Group (CWT).
09Is CWT or YORW 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). Both have compounded well over 10 years (CWT: +81. 3%, YORW: +24. 9%), 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 YORW?
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; YORW is a small-cap income-oriented stock. 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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