California Water Service Group
CWT NYSE· Water Utilities
Last close · Oct 26, 2026
$47.76
KIRA · Stoqly’s AI analyst, in plain words
- California Water Service Group had $964M of revenue in fiscal 2025, up 6.4% on the year before. Over five years, revenue changed +6.7% a year on average.
- Its operating margin was 17.7%, down 7.2 pts: of every 100 in sales, about 18 is left after running the business.
- California Water Service Group made $128M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 8.8% a year.
- California Water Service Group returned $75.3M to shareholders in fiscal 2025. The diluted share count rose 1.7%.
- California Water Service Group owes $1.6B more than it holds in cash, about 4.9 years of operating profit.
Market cap
$2.9B
P/E
21.5x
Revenue
$964M
Net income
$128M
Free cash flow
—
Operating margin
17.7%
California Water Service Group in 30 seconds · fiscal 2025
Are sales growing?
+6.4%
Yes. Sales grew 6.4% last year.
Does it make a profit?
13.3%
Yes. It keeps 13.3% of every sale as profit.
Is debt under control?
4.9x
Heavy. Repaying its debt would take 4.9 years of operating profit.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
21.5x
One share costs 21.5 times its yearly profit per share. Typical for its sector: 20.4x.
What California Water Service Group does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Legal name
- CALIFORNIA WATER SERVICE GROUP
- CIK
- 0001035201
California Water Service Group · CWT
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $766M | $773M | $790M | $906M | $964M |
| Revenue growth | 9.8% | 0.9% | 2.3% | 14.6% | 6.4% |
| Operating margin | 16.6% | 16.5% | 9.8% | 24.9% | 17.7% |
| Net income | $101M | $96.0M | $51.9M | $191M | $128M |
| Net margin | 13.2% | 12.4% | 6.6% | 21.1% | 13.3% |
| Diluted EPS | $1.96 | $1.77 | $0.91 | $3.25 | $2.15 |
| Cash | |||||
| Cash from operations | $232M | $244M | $218M | $291M | $303M |
| Dividends paid | $47.4M | $54.2M | $59.0M | $65.5M | $73.9M |
| Share buybacks | $1.8M | $2.0M | $1.8M | $1.4M | $1.4M |
| Share count change | 4.8% | 5.3% | 4.8% | 2.9% | 1.7% |
| Debt and strength | |||||
| Cash and short-term investments | $78.4M | $62.1M | $39.6M | $50.1M | $51.8M |
| Debt incl. finance leases | $1.1B | $1.1B | $1.2B | $1.4B | $1.6B |
| Shareholders' equity | $1.2B | $1.3B | $1.4B | $1.6B | $1.7B |
| Net debt / EBITDA | 4.3x | 4.4x | 6.0x | 3.7x | 4.9x |
| Current ratio | 1.1x | 1.0x | 0.7x | 0.6x | 0.9x |
| Interest coverage | 2.8x | 2.7x | 1.5x | 3.7x | 2.4x |
| Returns and quality | |||||
| Return on capital | 5.8% | 5.2% | 3.1% | 6.6% | 4.8% |
| Return on equity | 9.7% | 7.7% | 3.8% | 12.4% | 7.7% |
| Piotroski F-score | 6 | 4 | 4 | 5 | 4 |
| Altman Z'' | 1.3 | 1.1 | 0.8 | 0.9 | 1.0 |
Insiders bought, 12 months
$0.0M
1 insider
Insiders sold, 12 months
$0.7M
5 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
California Water Service Group · CWT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| California Water Service Gro... CWT | $2.9B | 6.4% | 17.7% | — | 4.8% | 21.5x | 4 |
| H2O America HTO | $2.3B | 7.0% | 22.2% | — | 4.9% | 20.1x | 4 |
| American States Water AWR | $3.4B | 10.5% | 30.9% | −1.1% | 9.3% | 23.3x | 4 |
| Essential Utilities WTRG | $12.1B | 18.6% | 37.2% | −17.0% | 6.4% | 21.8x | 5 |
| Middlesex Water MSEX | $1.1B | 1.5% | 27.9% | — | — | 21.7x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $47.76 a share, the company is worth $2.9B: 21.5 times its earnings of the last four quarters.
California Water Service Group grew sales faster than 1 of its 4 similar companies. Its P/E is higher than 1 of 4.
Source: SEC EDGAR XBRL filings (CIK 0001035201). Data updated October 22, 2026. For information only — not investment advice. Check the original filings before relying on any figure.