California Water Service Group (CWT) financials
California Water Service Group revenue and earnings by year
California Water Service Group's revenue was $1.00 billion in the fiscal year to December 31, 2025, down 3.5% from the year before. Net income was $128 million, 12.8% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 5.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.00 | 1.04 | 0.79 | 0.85 | 0.79 | 0.79 | 0.71 | 0.70 | 0.68 | 0.61 |
| Revenue growth | -3.5% | 30.5% | -6.1% | 7.0% | -0.4% | 11.2% | 2.3% | 3.3% | 11.0% | — |
| Gross profit | 0.47 | 0.53 | 0.33 | 0.38 | 0.36 | 0.36 | 0.31 | 0.31 | 0.31 | 0.26 |
| Gross margin | 46.7% | 51.4% | 40.9% | 44.7% | 46.1% | 45.8% | 43.9% | 44.9% | 46.2% | 43.2% |
| Operating income | 0.18 | 0.26 | 0.06 | 0.13 | 0.13 | 0.15 | 0.12 | 0.13 | 0.14 | 0.11 |
| Operating margin | 18.2% | 25.2% | 7.8% | 15.5% | 16.4% | 18.6% | 16.2% | 18.5% | 21.1% | 18.4% |
| Net income | 0.13 | 0.19 | 0.05 | 0.10 | 0.10 | 0.10 | 0.06 | 0.07 | 0.07 | 0.05 |
| Net margin | 12.8% | 18.4% | 6.5% | 11.3% | 12.8% | 12.2% | 8.8% | 9.4% | 10.8% | 8.0% |
| Diluted EPS | $2.15 | $3.25 | $0.91 | $1.77 | $1.96 | $1.97 | $1.31 | $1.36 | $1.52 | $1.01 |
| Free cash flow | -0.21 | -0.18 | -0.17 | -0.08 | -0.06 | -0.18 | -0.10 | -0.09 | -0.11 | -0.07 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open CWT in Markets.
See also: CWT valuation and P/E history · CWT returns
No forecast, no recommendation. This page describes California Water Service Group from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.