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California Water Service Group CWT · USD

Utilities · US listing · 🇺🇸 United States

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50.16

-1.72%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$1.00bn

FY2016FY2025

Net income

$128.2m

FY2016FY2025

Free cash flow

−$214.4m

FY2016FY2025

Shareholders' equity

$1.69bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$1.00bn$1.04bn$794.6m$846.4m$790.9m$794.3m$714.6m$698.2m$666.9m$609.4m
Operating income$183.1m$290.1m$77.1m$127.7m$126.8m$136.7m$99.4m$148.4m$94.6m$76.2m
Net income$128.2m$190.8m$51.9m$96.0m$101.1m$96.8m$63.1m$65.6m$67.2m$48.7m
Diluted earnings per share2.153.250.901.741.901.941.311.361.401.01

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$5.67bn$5.18bn$4.70bn$3.95bn$3.62bn$3.39bn$3.21bn$2.84bn$2.74bn$2.41bn
Cash and short-term investments$51.8m$50.1m$85.0m$85.0m$78.4m$44.6m$43.3m$47.2m$94.8m$25.5m
Total liabilities$3.98bn$3.54bn$3.27bn$2.62bn$2.45bn$2.47bn$2.43bn$2.11bn$2.05bn$1.75bn
Debt$1.61bn$1.38bn$1.23bn$1.13bn$1.10bn$1.16bn$983.7m$880.0m$806.8m$655.1m
Shareholders' equity$1.69bn$1.64bn$1.43bn$1.32bn$1.17bn$921.3m$779.9m$730.2m$693.5m$659.5m
Shares outstanding60m59m58m55m53m50m48m48m48m48m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$302.6m$290.9m$217.8m$243.8m$231.7m$117.9m$168.8m$179.0m$147.8m$159.7m
Capital spending−$517.0m−$470.8m−$383.7m−$327.8m−$293.2m−$298.7m−$273.8m−$271.7m−$259.2m−$228.9m
Free cash flow−$214.4m−$179.9m−$165.9m−$84.0m−$61.5m−$180.7m−$105.0m−$92.7m−$111.4m−$69.2m
Dividends paid−$73.9m−$65.5m−$59.0m−$54.2m−$47.4m−$41.8m−$38.0m−$36.0m−$34.6m−$33.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$308.6m$214.6m$220.0m$311.2m$265.0m$204.0m$222.2m$299.6m
Operating income$88.2m$22.6m$9.7m$84.8m$62.0m$25.6m$32.2m$91.6m
Net income$56.5m$4.0m$11.5m$61.2m$42.2m$13.3m$19.7m$60.7m
Diluted earnings per share0.930.070.191.030.710.220.341.03
Cash from operations$63.0m$49.0m$47.0m$167.0m$48.0m$38.0m$68.0m$101.0m
Capital spending−$146.0m−$129.0m−$152.0m−$135.0m−$119.0m−$110.0m−$138.0m−$117.0m
Free cash flow−$83.0m−$80.0m−$105.0m$32.0m−$71.0m−$72.0m−$70.0m−$16.0m
Total assets$5.95bn$5.78bn$5.67bn$5.52bn$5.40bn$5.26bn$5.18bn$5.01bn
Cash and short-term investments$43.4m$103.7m$51.8m$76.0m$50.5m$44.5m$50.1m$59.6m
Debt$1.68bn$1.70bn$1.61bn$1.52bn$1.54bn$1.46bn$1.38bn$1.31bn
Shareholders' equity$1.81bn$1.79bn$1.69bn$1.70bn$1.66bn$1.63bn$1.64bn$1.63bn

Financial ratios

Data as of 25 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin21.4%28.0%11.9%17.2%18.7%19.0%
Net margin12.8%18.4%6.5%11.3%12.8%12.2%
Return on equity7.6%11.6%3.6%7.3%8.7%10.5%
Return on assets2.3%3.7%1.1%2.4%2.8%2.9%
Free cash flow yield28.6%27.0%21.7%21.6%20.6%17.3%
Revenue growth-3.5%30.5%-6.1%7.0%-0.4%11.2%
Earnings growth-32.8%267.6%-45.9%-5.1%4.4%53.4%
Current ratio0.85x0.60x0.69x1.00x1.10x0.45x
Debt to equity0.95x0.84x0.87x0.86x0.94x1.26x
Equity ratio29.8%31.6%30.4%33.4%32.2%27.1%
Interest coverage3.20x5.04x1.90x3.29x3.43x3.60x
Buybacks as a share of market value-1.8%-1.5%-4.8%-3.7%-6.3%-3.5%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue5.7%4.7%5.4%
Operating income12.8%6.0%9.9%
Net income10.1%5.8%11.0%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin23.2%18.4%17.9%16.8%
Net margin15.7%12.7%12.6%11.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings20.213.957.734.837.827.939.534.932.433.4
Price to sales2.62.63.84.04.83.43.53.33.32.7

Market value over time

30 Nov 2016 to 23 Oct 2026, in USD

$1.66bn$2.90bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return-5%-14%-12%-13%35%1%7%10%26%48%

Dividends and splits

Per share, in the currency the company pays

Paid for 36 years. Last went ex-dividend on 10 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.0051.201.121.041.000.920.850.79
  • 2-for-1 split · 13 Jun 2011
  • 2-for-1 split · 26 Jan 1998

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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