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California Water Service Group(CWT)Earnings, Financials & Key Ratios
CWT•NYSE•Utilities
$43.04
$2.58B mkt cap·20.0× P/E·Price updated May 6, 2026
AboutCalifornia Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.Show more
- Revenue$1B-3.5%
- EBITDA$326M-9.3%
- Net Income$128M-32.8%
- Free Cash Flow-$214M-19.2%
- EBITDA Margin32.59%-5.9%
- Net Margin12.82%-30.3%
- ROE7.69%-38.1%
- Interest Coverage3.20-36.5%
- Debt/Equity0.95+12.2%
- Net Debt/EBITDA4.80+28.2%
- CapEx / Revenue51.69%+13.8%
- CapEx Coverage0.59-5.3%
CWT Key Insights
California Water Service Group (CWT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓22 years of consecutive dividend growth
- ✓22 consecutive years of dividend growth
- ✓Strong interest coverage of 3.2x
- ✓Healthy dividend yield of 2.9%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
CWT Price & Volume
California Water Service Group (CWT) stock price & volume — 10-year historical chart
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CWT Growth Metrics
California Water Service Group (CWT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.45%
5 Years4.72%
3 Years5.72%
TTM4.2%
Profit CAGR
10 Years11.03%
5 Years5.77%
3 Years10.12%
TTM-11.4%
EPS CAGR
10 Years8.63%
5 Years1.76%
3 Years6.7%
TTM-12.39%
Return on Capital
10 Years3.95%
5 Years3.69%
3 Years3.56%
Last Year3.67%
CWT Recent Earnings
California Water Service Group (CWT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 30, 2026EPS
$0.07
Est $0.25
-72.0%
Revenue
$215M
Est $210M
+2.0%
Q1 2026
Feb 25, 2026EPS
$0.19
Est $0.36
-47.2%
Revenue
$220M
Est $239M
-8.0%
Q4 2025
Oct 30, 2025EPS
$1.03
Est $1.20
-14.2%
Revenue
$311M
Est $236M
+32.1%
Q3 2025
Jul 31, 2025EPS
$0.71
Est $0.46
+54.3%
Revenue
$265M
Est $328M
-19.1%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $0.07vs $0.25-72.0% | $215Mvs $210M+2.0% |
| Q1 2026 | Feb 25, 2026 | $0.19vs $0.36-47.2% | $220Mvs $239M-8.0% |
| Q4 2025 | Oct 30, 2025 | $1.03vs $1.20-14.2% | $311Mvs $236M+32.1% |
| Q3 2025 | Jul 31, 2025 | $0.71vs $0.46+54.3% | $265Mvs $328M-19.1% |
Based on last 12 quarters of dataView full earnings history →
CWT Peer Comparison
California Water Service Group (CWT) competitors in Regulated Water and Wastewater Utilities — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AWR | 2.95B | 76.20 | 22.61 | 10.52% | 20.43% | 12.89% | 0.12 | |
 MSEX | 946.36M | 50.93 | 21.58 | 1.47% | 22.07% | 9.07% | 0.85 | |
 YORW | 464.9M | 29.11 | 20.94 | 3.37% | 25.89% | 8.89% | 0.97 | |
 ARTNA | 323.19M | 31.41 | 14.21 | 4.62% | 20.21% | 9.26% | 0.73 | |
 GWRS | 202.11M | 7.03 | 63.91 | 5.82% | 5.3% | 3.58% | 0.09 | |
 AWK | 24.62B | 126.05 | 22.11 | 9.74% | 21.17% | 10.14% | 1.47 | |
 XYL | 27.67B | 116.39 | 29.69 | 5.52% | 10.7% | 8.51% | 3.29% | 0.17 |
 FELE | 4.42B | 100.01 | 30.77 | 5.44% | 6.91% | 11.44% | 4.38% | 0.21 |
Compare CWT vs Peers
California Water Service Group (CWT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CWT Income Statement
California Water Service Group (CWT) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 666.89M | 698.2M | 714.56M | 794.31M | 790.91M | 846.43M | 794.63M | 1.04B | 1B | 1.01B |
| Revenue Growth % | 9.44% | 4.69% | 2.34% | 11.16% | -0.43% | 7.02% | -6.12% | 30.48% | -3.54% | 4.2% |
| Cost of Revenue | 264.4M | 277.34M | 373.37M | 402.68M | 307.13M | 316.08M | 431.25M | 47.69M | 632.71M | 580.43M |
| Gross Profit | 402.49M▲ 0% | 420.86M▲ 4.6% | 341.19M▼ 18.9% | 391.62M▲ 14.8% | 483.77M▲ 23.5% | 530.35M▲ 9.6% | 363.38M▼ 31.5% | 989.12M▲ 172.2% | 367.43M▼ 62.9% | 430.31M▲ 0% |
| Gross Margin % | 60.35% | 60.28% | 47.75% | 49.3% | 61.17% | 62.66% | 45.73% | 95.4% | 36.74% | 42.57% |
| Gross Profit Growth % | 9.86% | 4.56% | -18.93% | 14.78% | 23.53% | 9.63% | -31.48% | 172.2% | -62.85% | - |
| Operating Expenses | 278.94M | 291.73M | 241.77M | 254.96M | 357M | 402.69M | 286.24M | 764.06M | 185.85M | 271.43M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 173.22M | 196.25M | 190.7M | 237.6M | 238.35M | 245.02M | 200.26M | 359.19M | 325.95M | 307.81M |
| EBITDA Margin % | 25.97% | 28.11% | 26.69% | 29.91% | 30.14% | 28.95% | 25.2% | 34.64% | 32.59% | 30.45% |
| EBITDA Growth % | 22.5% | 13.3% | -2.83% | 24.59% | 0.32% | 2.8% | -18.27% | 79.36% | -9.25% | 0.35% |
| Depreciation & Amortization | 78.59M | 85.71M | 91.29M | 100.94M | 111.58M | 117.36M | 123.12M | 134.14M | 144.37M | 148.92M |
| D&A / Revenue % | 11.78% | 12.28% | 12.78% | 12.71% | 14.11% | 13.87% | 15.49% | 12.94% | 14.43% | 14.73% |
| Operating Income (EBIT) | 94.62M▲ 0% | 110.54M▲ 16.8% | 99.41M▼ 10.1% | 136.67M▲ 37.5% | 126.77M▼ 7.2% | 127.66M▲ 0.7% | 77.14M▼ 39.6% | 225.05M▲ 191.8% | 181.59M▼ 19.3% | 158.89M▲ 0% |
| Operating Margin % | 14.19% | 15.83% | 13.91% | 17.21% | 16.03% | 15.08% | 9.71% | 21.71% | 18.16% | 15.72% |
| Operating Income Growth % | 24.19% | 16.82% | -10.07% | 37.47% | -7.24% | 0.7% | -39.58% | 191.77% | -19.31% | - |
| Interest Expense | 33.93M | 37.85M | 41.22M | 41.86M | 43.21M | 44.34M | 49.82M | 57.55M | 66.7M | 4M |
| Interest Coverage | 3.91x | 3.16x | 2.96x | 3.60x | 3.43x | 3.29x | 1.90x | 5.04x | 3.20x | - |
| Interest / Revenue % | 5.09% | 5.42% | 5.77% | 5.27% | 5.46% | 5.24% | 6.27% | 5.55% | 6.67% | 0.4% |
| Non-Operating Income | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -4M |
| Pretax Income | 100.54M▲ 0% | 81.46M▼ 19.0% | 80.79M▼ 0.8% | 108.85M▲ 34.7% | 105.07M▼ 3.5% | 101.64M▼ 3.3% | 44.59M▼ 56.1% | 232.57M▲ 421.5% | 146.95M▼ 36.8% | 111.32M▲ 0% |
| Pretax Margin % | 15.08% | 11.67% | 11.31% | 13.7% | 13.28% | 12.01% | 5.61% | 22.43% | 14.69% | 11.01% |
| Income Tax | 33.36M | 15.87M | 17.67M | 12.02M | 4.09M | 6.38M | -6.78M | 42.49M | 19.11M | -7.37M |
| Effective Tax Rate % | 33.18% | 19.49% | 21.87% | 11.04% | 3.89% | 6.27% | -15.21% | 18.27% | 13% | -6.62% |
| Net Income | 67.18M▲ 0% | 65.58M▼ 2.4% | 63.12M▼ 3.8% | 96.83M▲ 53.4% | 101.13M▲ 4.4% | 96.01M▼ 5.1% | 51.91M▼ 45.9% | 190.81M▲ 267.6% | 128.21M▼ 32.8% | 118.92M▲ 0% |
| Net Margin % | 10.07% | 9.39% | 8.83% | 12.19% | 12.79% | 11.34% | 6.53% | 18.4% | 12.82% | 11.77% |
| Net Income Growth % | 38.02% | -2.38% | -3.76% | 53.42% | 4.43% | -5.06% | -45.93% | 267.57% | -32.81% | -11.4% |
| EPS (Diluted) | 1.52▲ 0% | 1.36▼ 10.5% | 1.31▼ 3.7% | 1.97▲ 50.4% | 1.96▼ 0.5% | 1.77▼ 9.7% | 0.91▼ 48.6% | 3.25▲ 257.1% | 2.15▼ 33.8% | 1.99▲ 0% |
| EPS Growth % | 50.5% | -10.53% | -3.68% | 50.38% | -0.51% | -9.69% | -48.59% | 257.14% | -33.85% | -12.39% |
| EPS (Basic) | 1.52 | 1.36 | 1.31 | 1.97 | 1.96 | 1.77 | 0.91 | 3.26 | 2.15 | - |
| Diluted Shares Outstanding | 48.01M | 48.06M | 48.17M | 49.27M | 51.63M | 54.36M | 56.98M | 58.65M | 59.63M | 59.77M |
CWT Balance Sheet
California Water Service Group (CWT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 2.74B | 2.84B | 3.21B | 3.39B | 3.62B | 3.95B | 4.7B | 5.18B | 5.67B | 5.78B |
| Asset Growth % | 13.63% | 3.55% | 13.18% | 5.68% | 6.75% | 8.9% | 19.14% | 10.2% | 9.48% | 40.32% |
| PP&E (Net) | 2.04B | 2.23B | 2.41B | 2.65B | 2.82B | 3.06B | 3.77B | 4.15B | 0 | 4.67B |
| PP&E / Total Assets % | 74.33% | 78.68% | 75.03% | 78.09% | 77.74% | 77.47% | 80.11% | 80.07% | 0% | 80.72% |
| Total Current Assets | 227.87M | 188.7M | 184.71M | 266.02M | 300.46M | 295.54M | 296.29M | 324.14M | 354.43M | 375.16M |
| Cash & Equivalents | 94.78M | 47.18M | 43.3M | 44.55M | 78.38M | 85.03M | 84.97M | 50.12M | 51.82M | 103.74M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 6.46M | 6.59M | 7.75M | 8.83M | 9.51M | 12.56M | 16.17M | 20.51M | 0 | 19.64M |
| Other Current Assets | 64.43M | 71.48M | 14.32M | 134.54M | 80.87M | 21.97M | 18.13M | 65.31M | 85.1M | 33.52M |
| Long-Term Investments | 208.2M | 140.54M | 0 | -276.03M | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 2.62M | 2.62M | 2.62M | 31.84M | 36.81M | 36.81M | 37.04M | 37.06M | 37.06M | 37.06M |
| Intangible Assets | 10.99M | 24.74M | 10.9M | 12.12M | 29.95M | 16.81M | 20.73M | 24.1M | 24.57M | 0 |
| Other Assets | 60.77M | 60.09M | 503.21M | 433.71M | 439.14M | 444.77M | 475.57M | 647.08M | 5.26B | 702.17M |
| Total Liabilities | 2.05B | 2.11B | 2.43B | 2.47B | 2.45B | 2.62B | 3.27B | 3.54B | 3.98B | 3.99B |
| Total Debt | 806.81M | 880.04M | 998.1M | 1.17B | 1.1B | 1.14B | 1.25B | 1.4B | 1.62B | 1.7B |
| Net Debt | 712.04M | 832.86M | 954.8M | 1.13B | 1.02B | 1.06B | 1.16B | 1.35B | 1.56B | 1.6B |
| Long-Term Debt | 515.79M | 710.03M | 781.55M | 776.62M | 1.06B | 1.05B | 1.05B | 1.1B | 1.47B | 1.47B |
| Short-Term Borrowings | 291.02M | 170.01M | 198.42M | 375.13M | 40.19M | 74.38M | 181.63M | 277.42M | 133.48M | 230.82M |
| Capital Lease Obligations | 6.4M | 5.8M | 18.13M | 20.11M | 1.8M | 16.51M | 15.66M | 14.19M | 11.25M | 11.25M |
| Total Current Liabilities | 490.96M | 321.17M | 358.72M | 588.71M | 271.94M | 294.65M | 430.34M | 538.36M | 418.16M | 544.96M |
| Accounts Payable | 93.95M | 95.58M | 111.79M | 131.72M | 144.37M | 144.09M | 160.3M | 167.53M | 175.73M | 164.8M |
| Accrued Expenses | 42.79M | 26.13M | 28.78M | 25.21M | 15.21M | 30.14M | 30.79M | 31.99M | 0 | 148.87M |
| Deferred Revenue | 46.68M | 4.18M | 2.02M | 2.17M | 3.94M | 8.14M | 13.49M | 22.05M | 0 | 0 |
| Other Current Liabilities | 63.19M | 25.27M | 13.26M | 44.94M | 58M | 29.3M | 39.54M | 28.62M | 108.95M | 141.87M |
| Deferred Taxes | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1.73B |
| Other Liabilities | 1.03B | 1.07B | 950.41M | 1.09B | 630.89M | 837.13M | 1.32B | 1.48B | 1.63B | 1.52B |
| Total Equity | 693.46M▲ 0% | 730.16M▲ 5.3% | 779.91M▲ 6.8% | 921.34M▲ 18.1% | 1.17B▲ 27.2% | 1.32B▲ 12.8% | 1.43B▲ 8.2% | 1.64B▲ 14.8% | 1.69B▲ 3.2% | 1.79B▲ 0% |
| Equity Growth % | 5.15% | 5.29% | 6.81% | 18.14% | 27.2% | 12.84% | 8.16% | 14.75% | 3.24% | 24.34% |
| Shareholders Equity | 693.46M | 730.16M | 779.91M | 921.34M | 1.17B | 1.32B | 1.43B | 1.64B | 1.69B | 1.79B |
| Minority Interest | 0 | 0 | 0 | 0 | 5.39M | 4.8M | 3.58M | 3.02M | 2.57M | 2.6M |
| Common Stock | 480K | 481K | 485K | 503K | 537K | 556K | 577K | 595K | 596K | 599K |
| Additional Paid-in Capital | 336.23M | 337.62M | 362.27M | 448.63M | 651.12M | 760.34M | 876.58M | 966.98M | 973.45M | 980.11M |
| Retained Earnings | 356.75M | 392.05M | 417.15M | 472.21M | 514.87M | 556.7M | 549.57M | 674.92M | 729.28M | 713.33M |
| Accumulated OCI | -911M | -996.72M | 0 | 0 | 0 | 0 | 0 | -7.22M | -13.92M | -13.54M |
| Return on Assets (ROA) | 2.61% | 2.35% | 2.09% | 2.93% | 2.88% | 2.54% | 1.2% | 3.86% | 2.36% | 2.13% |
| Return on Equity (ROE) | 9.93% | 9.21% | 8.36% | 11.38% | 9.66% | 7.7% | 3.77% | 12.42% | 7.69% | 6.95% |
| Debt / Equity | 1.16x | 1.21x | 1.28x | 1.27x | 0.94x | 0.86x | 0.87x | 0.85x | 0.95x | 0.95x |
| Debt / Assets | 29.44% | 31.01% | 31.08% | 34.52% | 30.3% | 28.91% | 26.53% | 26.94% | 28.51% | 29.46% |
| Net Debt / EBITDA | 4.11x | 4.24x | 5.01x | 4.74x | 4.28x | 4.31x | 5.80x | 3.75x | 4.80x | 4.80x |
| Book Value per Share | 14.44 | 15.19 | 16.19 | 18.7 | 22.7 | 24.33 | 25.1 | 27.99 | 28.42 | 29.95 |
CWT Cash Flow Statement
California Water Service Group (CWT) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 147.84M | 179.02M | 168.79M | 117.92M | 231.72M | 243.77M | 217.82M | 290.87M | 302.56M | 302.56M |
| Operating CF Growth % | -7.43% | 21.09% | -5.71% | -30.14% | 96.5% | 5.2% | -10.65% | 33.54% | 4.02% | 15% |
| Operating CF / Revenue % | 22.17% | 25.64% | 23.62% | 14.85% | 29.3% | 28.8% | 27.41% | 28.05% | 30.25% | 29.93% |
| Net Income | 67.18M | 65.58M | 63.12M | 96.83M | 100.98M | 95.26M | 51.91M | 190.09M | 127.85M | 118.92M |
| Depreciation & Amortization | 78.59M | 85.71M | 91.29M | 100.94M | 111.58M | 117.36M | 123.12M | 134.14M | 146.52M | 150.32M |
| Deferred Taxes | 21.09M | 20.91M | 15.35M | 34.44M | 25.2M | 26.88M | 35.63M | 40.45M | 38.2M | 38.2M |
| Other Non-Cash Items | -5.26M | -161K | -10.38M | -8.86M | -6.19M | 21.33M | -11.28M | 48.95M | -11.32M | -4.11M |
| Working Capital Changes | -16.88M | 3.84M | 2.69M | -110.02M | -6.66M | -22.23M | 15.44M | -126.49M | -3.68M | 5.45M |
| Capital Expenditures | -259.19M | -271.71M | -273.77M | -298.65M | -293.19M | -327.76M | -383.75M | -470.8M | -516.99M | -406.89M |
| CapEx / Revenue % | 38.87% | 38.92% | 38.31% | 37.6% | 37.07% | 38.72% | 48.29% | 45.41% | 51.69% | 40.26% |
| CapEx / D&A | 3.30x | 3.17x | 3.00x | 2.96x | 2.63x | 2.79x | 3.12x | 3.51x | 3.53x | 2.71x |
| CapEx Coverage (OCF/CapEx) | 0.57x | 0.66x | 0.62x | 0.39x | 0.79x | 0.74x | 0.57x | 0.62x | 0.59x | 0.74x |
| Cash from Investing | -206.65M | -273.08M | -275.96M | -346.07M | -300.87M | -335.52M | -389.42M | -474.87M | -520.14M | -539.7M |
| Acquisitions | 4.71M | 1.49M | 0 | -40.48M | -6.45M | 0 | -175K | -1.61M | 0 | 0 |
| Purchase of Investments | -5.61M | -4.92M | -2.22M | -4.6M | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale of Investments | 1.56M | 3.49M | 0 | 0 | 1M | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 51.88M | -1.43M | 28K | -2.33M | -2.23M | -7.77M | -5.5M | -2.46M | -3.15M | -132.81M |
| Cash from Financing | 128.09M | 46.48M | 102.75M | 229.98M | 104.68M | 96.12M | 171.54M | 194.72M | 219.26M | 239.78M |
| Dividends Paid | -34.56M | -36.04M | -38.02M | -41.77M | -47.4M | -54.19M | -59.04M | -65.46M | -73.85M | -73.61M |
| Dividend Payout Ratio % | 51.45% | 54.96% | 60.24% | 43.13% | 46.87% | 56.44% | 113.73% | 34.31% | 57.6% | - |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Stock Issued | 0 | 0 | 20.42M | 83.58M | 197.72M | 106.74M | 115.11M | 89.03M | 4.04M | 10.18M |
| Share Repurchases | -1.5M | -1.65M | -2.5M | -1.68M | -1.77M | -2.01M | -1.84M | -1.44M | -1.43M | -1.15M |
| Other Financing | 12.99M | 11.31M | 40.63M | 100.66M | 17.54M | 122.75M | 126.44M | 23.66M | 68.19M | 167.88M |
| Net Change in Cash | 69.28M▲ 0% | -47.59M▼ 168.7% | -4.42M▲ 90.7% | 1.83M▲ 141.5% | 35.52M▲ 1840.1% | 4.37M▼ 87.7% | -59K▼ 101.3% | 10.72M▲ 18271.2% | 1.69M▼ 84.3% | 13.61M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 25.49M | 95.3M | 47.72M | 43.3M | 45.13M | 80.65M | 85.03M | 84.97M | 95.69M | 97.37M |
| Cash at End | 94.78M | 47.72M | 43.3M | 45.13M | 80.65M | 85.03M | 84.97M | 95.69M | 97.37M | 103.74M |
| Free Cash Flow | -111.35M▲ 0% | -92.69M▲ 16.8% | -104.98M▼ 13.3% | -180.73M▼ 72.2% | -61.48M▲ 66.0% | -83.98M▼ 36.6% | -165.93M▼ 97.6% | -179.93M▼ 8.4% | -214.43M▼ 19.2% | -93.36M▲ 0% |
| FCF Growth % | -60.82% | 16.76% | -13.26% | -72.16% | 65.98% | -36.61% | -97.57% | -8.44% | -19.17% | 44.53% |
| FCF Margin % | -16.7% | -13.28% | -14.69% | -22.75% | -7.77% | -9.92% | -20.88% | -17.35% | -21.44% | -9.24% |
| FCF / Net Income % | -165.75% | -141.33% | -166.32% | -186.64% | -60.79% | -87.47% | -319.64% | -94.3% | -167.25% | -78.51% |
CWT Key Ratios
California Water Service Group (CWT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 9.93% | 9.21% | 8.36% | 11.38% | 9.66% | 7.7% | 3.77% | 12.42% | 7.69% | 6.95% |
| EBITDA Margin | 25.97% | 28.11% | 26.69% | 29.91% | 30.14% | 28.95% | 25.2% | 34.64% | 32.59% | 30.45% |
| Net Debt / EBITDA | 4.11x | 4.24x | 5.01x | 4.74x | 4.28x | 4.31x | 5.80x | 3.75x | 4.80x | 4.80x |
| Interest Coverage | 3.91x | 3.16x | 2.96x | 3.60x | 3.43x | 3.29x | 1.90x | 5.04x | 3.20x | - |
| CapEx / Revenue | 38.87% | 38.92% | 38.31% | 37.6% | 37.07% | 38.72% | 48.29% | 45.41% | 51.69% | 40.26% |
| Dividend Payout Ratio | 51.45% | 54.96% | 60.24% | 43.13% | 46.87% | 56.44% | 113.73% | 34.31% | 57.6% | 45.1% |
| Debt / Equity | 1.16x | 1.21x | 1.28x | 1.27x | 0.94x | 0.86x | 0.87x | 0.85x | 0.95x | 0.95x |
| EPS Growth | 50.5% | -10.53% | -3.68% | 50.38% | -0.51% | -9.69% | -48.59% | 257.14% | -33.85% | -12.39% |
CWT SEC Filings & Documents
California Water Service Group (CWT) SEC filings — annual & quarterly reports (10-K, 10-Q)
CWT Frequently Asked Questions
California Water Service Group (CWT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
California Water Service Group (CWT) reported $1.01B in revenue for fiscal year 2025. This represents a 453% increase from $182.8M in 1996.
California Water Service Group (CWT) saw revenue decline by 3.5% over the past year.
Yes, California Water Service Group (CWT) is profitable, generating $118.9M in net income for fiscal year 2025 (12.8% net margin).
Dividend & Returns
Yes, California Water Service Group (CWT) pays a dividend with a yield of 2.88%. This makes it attractive for income-focused investors.
California Water Service Group (CWT) has a return on equity (ROE) of 7.7%. This is below average, suggesting room for improvement.
California Water Service Group (CWT) had negative free cash flow of $93.4M in fiscal year 2025, likely due to heavy capital investments.
Industry Metrics
California Water Service Group (CWT) has a dividend payout ratio of 58%. This suggests the dividend is well-covered and sustainable.
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