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California Water Service Group CWT R2KR3K

Utilities · Utilities - Regulated Water · United States
https://www.calwatergroup.com
Company Profile ↓
$50.03
+9.86% 1Y
Mkt Cap$3.09B
P/E22.43
P/B1.73
Div. Yield2.71%
52W High$52.09
52W Low$41.39
Book Value$29.23
EPS (TTM)$2.23

Company Overview

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. It 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 services. The company offers its services to approximately 500,000 customer connections in 20 separate districts; approximately 6,800 water and wastewater customer connections on the islands of Kauai, Maui, Oahu, and Hawaii; approximately 38,500 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas; and approximately 11,800 water and wastewater customer connections in Rio Communities, Rio Del Oro, Meadow Lake, Indian Hills, Squaw Valley, Elephant Butte, Morningstar, Sandia Knolls, Juan Tomas, Monterey, and Cypress Gardens systems. 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; and billing of optional third-party insurance programs to its residential customers. In addition, it provides wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

Why Investors Should Care

Healthy Margins

Operating margin of 28.2% supports profitability.

Dividend Income

Offers a dividend yield of 2.71%.

Recent Developments

  • Dec 2025 Revenue of $1.00B (-3.5% YoY); net profit $128.21M.
  • Trailing 12 Months Year-on-year growth — revenue +16.5%, earnings +31.4%.
  • 5-Year Trend Long-term compounding — revenue CAGR 6.8%, profit CAGR 8.0%.

Growth & Price Performance

Compounded Sales Growth

5 Years:6.83%
1 Year:16.50%

Compounded Profit Growth

5 Years:7.98%
1 Year:31.40%

Stock Price Performance

1 Year:+9.86%
6 Months:+11.33%
3 Months:+9.92%
1 Month:+1.89%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 81% of range
$41.39 $52.09
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)50.43 · Neutral
Price Performance
1M+1.89%
3M+9.92%
6M+11.33%
1Y+9.86%
Valuation vs Sector

P/E of 22.43 is above the sector median of 21.26 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Attractive dividend yield of 2.71%.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
22.43
Industry PE
21.26
Forward P/E
18.10
PEG Ratio
2.22
Book Value
$29.23
Price to Book
1.73
P/S
2.96
EV/EBITDA
13.18
Dividend Yield
2.71%

Growth (CAGR)

Revenue 5Y
6.83%
Profit 5Y
7.98%
Revenue (YoY)
16.50%
Earnings (YoY)
31.40%

Profitability & Returns

ROCE
3.49%
ROE
7.68%
ROA
2.40%
Profit Margin
12.63%
Op Margin
28.21%
Gross Margin
53.29%
EPS (Latest Qtr)
$0.93
EPS (TTM)
$2.23

Balance Sheet & Liquidity

Debt/Equity
0.93
Quick Ratio
0.43
Current Ratio
0.70
Debt
$1.68B
Total Assets
$5.95B
Current Assets
$354.43M
Working Capital
$-63.74M

Ownership

Promoter Holding
0.64%
Chg in Prom Hold
-0.01%
FII / Inst Holding
98.70%
Chg in FII Hold
0.02%

Financial Snapshot

Enterprise Value
$3.09B
Total Revenue (TTM)
$1.05B
EBITDA
$361.32M
Free Cash Flow
$-258.75M
Operating Cash Flow
$328.18M
Shares Outstanding
61.84M
Gross Margin
53.29%
Payout Ratio
56.95%

Peer comparison

Peer companies in the same sector (Utilities).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 CWT California Water Service Group R2KR3K 50.03 22.43 $3.09B 2.71% 3.49% 7.68% 6.83% 7.98%
2 NEE NextEra Energy, Inc. SPXR3K 83.43 18.75 $174.00B 2.95% 4.36% 11.68% 4.12% 8.76%
3 CEG Constellation Energy Corporation NDXSPXR3KAI 298.96 29.20 $106.76B 0.65% 6.26% 15.06% 5.18% 31.53%
4 SO The Southern Company SPXR3K 88.11 21.23 $101.36B 3.27% 5.25% 11.48% 3.71% 5.23%
5 DUK Duke Energy Corporation SPXR3K 120.22 18.11 $93.74B 3.50% 4.94% 9.86% 5.53% 6.88%
6 AEP American Electric Power Company, Inc. NDXSPXR3K 124.50 21.58 $67.78B 3.03% 5.32% 10.13% 2.93% 7.23%
7 D Dominion Energy, Inc. SPXR3K 65.84 22.78 $57.91B 4.00% 4.19% 8.28% 0.61% 0.93%
8 SRE Sempra SPXR3K 84.04 24.36 $54.95B 3.12% 3.46% 6.68% 3.05% 3.18%
9 VST Vistra Corp. SPXR3KAI 149.30 25.09 $50.34B 0.65% 7.18% 42.90% 18.43% 0.34%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue ------112.81M162.59M197.01M-134.25M171.77M209.54M-117.41M167.47M214.96M-134.83M172.50M222.47M146.53M212.46M238.35M158.93M198.66M238.27M145.22M194.21M253.34M154.90M226.66M--203.97M264.95M311.24M219.98M214.57M278.04M
Cost of Revenue ----------------------------------67.39M94.55M108.97M89.02M76.31M-
Gross Profit ----------------------------------136.58M170.41M202.27M130.96M138.26M-
Operating Expenses ----------------------------------110.97M111.68M117.47M121.28M116.71M-
Operating Income 32.20M14.96M6.27M18.53M30.05M21.34M11.99M28.11M43.90M23.08M9.84M26.84M47.33M26.54M476.00K27.01M51.57M20.36M-6.92M12.49M106.06M2.92M42.25M71.15M9.14M27.29M64.95M-17.52M15.95M43.47M77.89M48.17M--25.61M58.72M84.80M9.68M21.55M70.90M
EBITDA ----------------------------------65.35M103.83M127.50M60.76M62.88M-
Interest Expense ----------------------------------15.65M16.54M17.12M17.38M18.55M-
Pretax Income ----------------------------------13.20M50.72M73.72M6.58M4.04M-
Tax Provision --------------------------------17.42M-1.79M-8.67M12.60M-4.90M--
Net Income 25.12M8.48M-798.00K11.51M22.88M15.09M2.57M19.97M35.29M15.11M-762.00K14.80M36.17M15.37M-7.64M17.00M42.42M11.34M-20.31M5.28M96.36M-3.03M38.23M62.43M1.09M19.48M55.87M-22.21M9.56M34.44M69.92M40.55M--13.33M42.17M61.23M11.48M4.04M56.47M
Diluted EPS 0.520.18-0.020.240.480.310.050.420.740.31-0.020.310.750.32-0.160.350.880.24-0.420.111.94-0.060.751.200.020.361.03-0.400.170.601.210.70--0.220.711.030.190.070.93

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -------589.53M622.47M674.74M664.36M697.58M-846.43M794.63M1.04B1.00B
Cost of Revenue -------------316.08M318.77M343.87M356.68M
Gross Profit -------------530.35M475.86M692.93M643.46M
Operating Expenses -------------398.58M412.23M430.45M460.36M
Operating Income 58.12M61.81M67.17M73.84M74.00M81.85M71.15M82.64M107.08M110.54M99.41M136.67M-131.78M63.63M262.48M183.09M
EBITDA -------------263.34M217.54M424.26M360.17M
Interest Expense -------------44.34M49.82M57.55M66.70M
Pretax Income -------------101.64M44.59M232.57M146.95M
Tax Provision -------------6.38M-6.78M42.49M19.11M
Net Income 40.55M37.66M37.71M48.83M47.25M56.74M45.02M48.67M72.94M65.58M63.12M96.83M-96.01M51.91M190.81M128.21M
Diluted EPS 0.980.900.901.171.021.190.941.011.521.361.311.97-1.770.913.252.15

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --1.69B1.85B2.00B1.96B2.19B2.24B2.41B2.74B2.84B3.11B3.39B-4.26B4.60B5.18B5.67B
Current Assets --------------295.54M296.29M324.14M354.43M
Cash & Equivalents 13.87M9.87M42.28M27.20M38.79M27.51M19.59M8.84M25.49M94.78M47.18M42.65M44.55M-62.10M39.59M50.12M51.82M
Inventory --------------12.56M16.17M20.51M19.78M
Receivables --------------62.50M65.74M63.84M63.75M
Total Liabilities --------------2.94B3.17B3.54B3.98B
Current Liabilities --107.35M151.88M243.07M166.58M217.71M147.90M250.23M490.96M321.17M358.72M588.71M-294.65M430.34M538.36M418.16M
Long Term Debt --479.18M481.63M434.47M426.14M419.23M508.00M531.75M515.79M710.03M786.75M781.10M-1.05B1.05B1.10B1.47B
Total Debt --------------1.13B1.23B1.38B1.61B
Total Equity 402.95M420.63M435.53M449.83M473.71M598.76M626.63M642.15M659.47M699.22M730.16M779.91M921.34M-1.32B1.43B1.64B1.69B
Shares Outstanding --------------55.60M57.72M59.48M59.64M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -160.44M147.84M179.02M168.79M117.92M-243.77M217.82M290.87M302.56M
Investing Cash Flow --230.91M-206.57M-273.08M-275.96M-346.07M--335.52M-389.42M-474.87M-520.14M
Financing Cash Flow -87.05M128.09M46.48M102.75M229.98M-96.12M171.54M194.72M219.26M
Capital Expenditure --------327.76M-383.75M-470.80M-516.99M
Free Cash Flow --------83.98M-165.93M-179.93M-214.43M
Net Change in Cash -------4.37M-59.00K10.72M1.69M
Share Buybacks 338.00K744.00K1.50M1.65M2.50M1.68M1.77M2.01M1.84M1.44M1.43M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------------62.7%59.9%66.8%64.3%
Operating Margin % -------14.0%17.2%16.4%15.0%19.6%-15.6%8.0%25.3%18.3%
Net Margin % -------8.3%11.7%9.7%9.5%13.9%-11.3%6.5%18.4%12.8%
ROE % 9.6%8.6%8.4%10.3%7.9%9.1%7.0%7.4%10.4%9.0%8.1%10.5%-7.3%3.6%11.7%7.6%
ROCE % -3.9%3.9%4.2%4.1%4.2%3.4%3.8%4.8%4.4%3.6%4.9%-3.3%1.5%5.7%3.5%

Shareholding Pattern

Insiders
0.64%
Institutions
98.70%
Public Float
99.34%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 17.39% 10.76M $542.94M
2 Vanguard Portfolio Management LLC 7.08% 4.38M $221.09M
3 T. Rowe Price Investment Management, Inc. 5.69% 3.52M $177.54M
4 Amundi 5.64% 3.49M $176.02M
5 State Street Corporation 5.28% 3.27M $164.91M
6 Vanguard Capital Management LLC 4.35% 2.69M $135.82M
7 ATLAS Infrastructure Partners (UK) Ltd. 3.21% 1.98M $100.18M
8 Geode Capital Management, LLC 2.52% 1.56M $78.52M
9 First Trust Advisors LP 2.10% 1.30M $65.63M
10 FMR, LLC 2.07% 1.28M $64.69M

Analyst View

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Latest News

Recent headlines for CWT

Google News Sat, 05 Sep 2026

California Water Service Group (CWT) Could Be 7% Undervalued Following Infrastructure Growth Hopes - simplywall.st

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Google News ue, 01 Sep 2026

Only water utility on Newsweek’s top 650 list is California Water Service - Stock Titan

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Google News hu, 11 Jun 2026

Is California Water Service Group (CWT) A Good Stock To Buy Now? - Yahoo Finance

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Google News hu, 28 May 2026

CWT - Finviz

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Google News Fri, 26 Jun 2026

AWR vs CWT: Which Water Utility Stock Offers Better Return in 2026? - Zacks Investment Research

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Google News ue, 05 May 2026

California Water Service: Inconsistent Results, But It Has Potential (NYSE:CWT) - Seeking Alpha

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CWT — Frequently Asked Questions

What is the current share price of California Water Service Group (CWT)?

As of 2026-09-07 16:24 PDT, California Water Service Group (CWT) trades at $50.03 on NYSE. Its 52-week range is $41.39 to $52.09.

What is the market capitalisation of CWT?

California Water Service Group (CWT) has a market capitalisation of $3.09B on NYSE.

What is the P/E ratio of CWT?

CWT trades at a trailing price-to-earnings (P/E) ratio of 22.43. The industry average P/E is 21.26. Its price-to-book (P/B) ratio is 1.73.

Does CWT pay a dividend?

California Water Service Group (CWT) currently offers a dividend yield of 2.71%.

What is the return on equity (ROE) of CWT?

CWT has a return on equity (ROE) of 7.68%. Its return on capital employed (ROCE) is 3.49%.

Is CWT a good stock to buy?

This page provides a data-driven analysis of California Water Service Group (CWT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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