California Water Service Group (CWT) Earnings History
Annual and quarterly earnings data from 1994 to 2025
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CWT EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
CWT Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 36.7% | 18.2% | 12.8% |
| 2024 | 95.4% | 21.7% | 18.4% |
| 2023 | 45.7% | 9.7% | 6.5% |
| 2022 | 62.7% | 15.1% | 11.3% |
| 2021 | 61.2% | 16.0% | 12.8% |
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California Water Service Group (CWT) Earnings Overview
As of May 6, 2026, California Water Service Group (CWT) reported trailing twelve-month net income of $119M, reflecting -33.8% year-over-year growth. The company earned $1.99 per diluted share over the past four quarters, with a net profit margin of 12.8%.
Looking at the long-term picture, CWT's 5-year EPS compound annual growth rate (CAGR) stands at +1.8%, reflecting modest earnings expansion. The company achieved its highest annual net income of $191M in fiscal 2024.
California Water Service Group maintains positive profitability with a gross margin of 36.7%, operating margin of 18.2%, and net margin of 12.8%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including AWR ($134M net income, 19.8% margin), MSEX ($44M net income, 22.0% margin), YORW ($21M net income, 25.9% margin), CWT has room to improve margins relative to the peer group. Compare CWT vs AWR →
CWT Earnings vs Peers
Earnings metrics vs comparable public companies
CWT Historical Earnings Data (1994–2025)
32 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $128M | -32.8% | $182M | $2.15 | 12.8% | 18.2% |
| 2024 | $191M | +267.6% | $225M | $3.25 | 18.4% | 21.7% |
| 2023 | $52M | -45.9% | $77M | $0.91 | 6.5% | 9.7% |
| 2022 | $96M | -5.1% | $128M | $1.77 | 11.3% | 15.1% |
| 2021 | $101M | +4.4% | $127M | $1.96 | 12.8% | 16.0% |
| 2020 | $97M | +53.4% | $137M | $1.97 | 12.2% | 17.2% |
| 2019 | $63M | -3.8% | $99M | $1.31 | 8.8% | 13.9% |
| 2018 | $66M | -2.4% | $111M | $1.36 | 9.4% | 15.8% |
| 2017 | $67M | +38.0% | $95M | $1.52 | 10.1% | 14.2% |
| 2016 | $49M | +8.1% | $76M | $1.01 | 8.0% | 12.5% |
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Start ComparisonCWT — Frequently Asked Questions
Quick answers to the most common questions about buying CWT stock.
Is CWT growing earnings?
CWT EPS fell to $1.99, with earnings declining -33.8%. This contrasts with the 5-year CAGR of +1.8%. TTM net income dropped to $119M.
What are CWT's profit margins?
California Water Service Group net margin is +12.8%, with operating margin at +18.2%. Margins sit within typical range for the sector.
How consistent are CWT's earnings?
CWT earnings data spans 1994-2025. The declining earnings trend is -33.8% YoY. Historical data enables comparison across business cycles.