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California Water Service Group

CWT

California Water Service Group is a holding company that provides regulated and non-regulated water and wastewater services through its operating subsidiaries.

Market cap
$3.14B+17.4%
Revenue$978.3M+4.8%
Net income$118.9M-11.4%
Free cash flow$235.1M-0.1%
EPS (diluted)$2.00-11.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q1 2026

Income statement

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Revenue$197.3M+8.0%
Operating income$18.2M-18.7%
Net income$4.0M-69.7%
EPS (diluted)$0.07-68.2%

Balance sheet

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Cash & equivalents$103.7M+15.1%
Total debt$1.7B+22.5%
Total equity$1.7B+3.1%
Total assets$5.8B+9.9%

Cash flow

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Operating cash flow$49.4M+28.5%
CapEx$58.7M+22.0%
Free cash flow-$9.3M+4.1%

Valuation & ratios

Valuation

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Market cap$3.14B+17.4%
Enterprise value$4.74B+17.0%
P/E26.4×+6.7×
P/S3.2×+0.4×

Profitability

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Operating margin17%-1.2pp
Net margin12.2%-2.2pp
FCF margin24%-1.2pp

Returns & leverage

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Return on equity7.2%-1.5pp
Debt / equity+0.2×
Current ratio0.7×+0.2×

Segments

By product

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Residential$108.9M+3.3%
Business$41.9M+3.4%
Multiple residential$20.6M+7.3%
Other$10.5M+465%
Public authorities$9.4M+2.0%

Competitors

Profile

California Water Service Group is a holding company that provides regulated and non-regulated water and wastewater services through its operating subsidiaries. The company manages the production, treatment, and distribution of water for domestic, industrial, and municipal use, while also offering utility operations and maintenance services to private companies and municipalities.

Competitive position

A leading investor-owned water utility in the United States with a dominant market position in California and expanding operations across the Western U.S.

GeographiesCalifornia, Washington, New Mexico, Hawaii, Texas, Nevada, Oregon
Customer segmentsB2C, B2B, B2G
Business modelRegulated Monopoly, Service Contracts, Asset Leasing
SuppliersWater Rights, Energy Providers, Chemical Suppliers, Infrastructure Construction Firms, Wholesale Water Suppliers
CustomersResidential Households, Commercial Businesses, Industrial Facilities, Municipal Fire Departments, Agricultural Operations
Listed1972
Employees1.3K
CEOMartin A. Kropelnicki
SectorUtilities
FilingsSEC EDGAR

Questions, answered.

What is California Water Service Group's market cap?
California Water Service Group (CWT) has a market capitalization of $3.1B and trades on NYSE.
What is California Water Service Group's revenue and profitability?
California Water Service Group generated $978.3M in trailing twelve-month revenue with net income of $118.9M, representing a net margin of 12.2%, with free cash flow of $235.1M. These figures are based on the Q1 2026 filing.
Who are California Water Service Group's competitors?
California Water Service Group's key competitors include American Water Works Company, Inc., Essential Utilities, Inc., Global Water Resources, Inc., and others. These companies compete in similar markets and product categories.
Who does California Water Service Group partner with?
California Water Service Group's notable partners include Guadalupe Blanco River Authority, City of Hawthorne, City of Commerce.
What subsidiaries does California Water Service Group have?
California Water Service Group's subsidiaries include California Water Service Company, Washington Water Service Company, New Mexico Water Service Company, and others.
Where is California Water Service Group headquartered?
California Water Service Group is headquartered in United States of America and employs approximately 1,266 people. It has been publicly traded since 1972.