California Water Service Group
CWT · Water Utilities
$48.04
1.1%Ormat Technologies
ORA · Renewable Electricity
$87.09
1.1%The short version
- Ormat Technologies is the larger business, with $990M of revenue in fiscal 2025 against $964M for California Water Service Group.
- Ormat Technologies grew revenue faster (12.5%, against 6.4%).
- California Water Service Group kept more of each dollar of sales as operating profit (17.7% operating margin, against 17.1% operating margin).
- California Water Service Group earned a higher return on the capital invested in it (4.8%, against 3.3%).
- Investors pay more for each dollar of Ormat Technologies’s earnings: a P/E of 42.7x against 21.6x for California Water Service Group.
| Latest fiscal year | CWT · FY25 | ORA · FY25 |
|---|---|---|
| Size | ||
| Market cap | $2.9B | $5.4B |
| Revenue | $964M | $990M |
| Free cash flow | — | −$285M |
| Net income | $128M | $124M |
| Growth | ||
| Revenue growth | 6.4% | 12.5% |
| 5-year growth | 6.7% | 7.0% |
| Share count change | 1.7% | 0.9% |
| Profitability | ||
| Gross margin | — | 27.6% |
| Operating margin | 17.7% | 17.1% |
| Net margin | 13.3% | 12.5% |
| FCF margin | — | −28.8% |
| Return on capital | 4.8% | 3.3% |
| Return on equity | 7.7% | 5.0% |
| Balance sheet | ||
| Net debt | $1.6B | $2.6B |
| Net debt / EBITDA | 4.9x | 5.7x |
| Dividends and buybacks | $75.3M | $29.1M |
| Valuation & quality | ||
| P/E | 21.6x | 42.7x |
| Piotroski F-score | 4 | 4 |
FY16
CWT $590M
ORA $663M
FY17
CWT $623M
ORA $693M
FY18
CWT $675M
ORA $719M
FY19
CWT $664M
ORA $746M
FY20
CWT $698M
ORA $705M
FY21
CWT $766M
ORA $663M
FY22
CWT $773M
ORA $734M
FY23
CWT $790M
ORA $829M
FY24
CWT $906M
ORA $880M
FY25
CWT $964M
ORA $990M
CWT
ORA
FY16
CWT 14.0%
ORA 30.5%
FY17
CWT 17.2%
ORA 29.6%
FY18
CWT 16.4%
ORA 25.7%
FY19
CWT 15.0%
ORA 26.0%
FY20
CWT 19.6%
ORA 30.3%
FY21
CWT 16.6%
ORA 25.5%
FY22
CWT 16.5%
ORA 20.8%
FY23
CWT 9.8%
ORA 20.1%
FY24
CWT 24.9%
ORA 19.6%
FY25
CWT 17.7%
ORA 17.1%
CWT
ORA
FY16
CWT —
ORA $7.4M
FY17
CWT —
ORA −$13.7M
FY18
CWT —
ORA −$113M
FY19
CWT —
ORA −$43.5M
FY20
CWT —
ORA −$55.7M
FY21
CWT —
ORA −$160M
FY22
CWT —
ORA −$283M
FY23
CWT —
ORA −$309M
FY24
CWT —
ORA −$76.8M
FY25
CWT —
ORA −$285M
CWT
ORA
FY16
CWT 4.3%
ORA 8.0%
FY17
CWT 5.3%
ORA 8.7%
FY18
CWT 6.0%
ORA 5.7%
FY19
CWT 4.7%
ORA 4.9%
FY20
CWT 6.5%
ORA 4.6%
FY21
CWT 5.8%
ORA 3.9%
FY22
CWT 5.2%
ORA 3.4%
FY23
CWT 3.1%
ORA 3.8%
FY24
CWT 6.6%
ORA 3.7%
FY25
CWT 4.8%
ORA 3.3%
CWT
ORA
Add another company
Compare up to four at once.
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.