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CWT · California Water Service Group · Financials

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$47.79 +0.25 (+0.53%)
Market Cap
$2.94B
Shares
61.84M
Volume · Oct 23 30.62K Avg daily vol (3M) 474.87K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$963.7M +6.4%
FY2025 Revenue FY2016–FY2025
Net Income
$128.21M -32.8%
FY2025 Net Income FY2008–FY2025
Operating Margin
17.68% -7.2pp
FY2025 Operating Margin FY2016–FY2025
Diluted EPS
$2.15 -33.8%
FY2025 Diluted EPS FY2008–FY2025
Operating Cash Flow
$302.56M +4%
FY2025 Operating Cash Flow FY2008–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2028 (G) FY2027 (G) FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009 FY2008
$48.9M $43.2M $90.5M $1B $963.7M $905.62M $790.33M $772.62M $765.7M $697.58M $664.36M $674.74M $622.47M $589.53M — — — — — — — —
— — — $143.99M $141.57M $139.52M $142.24M $132.72M $126.69M $117.06M $108.62M $100.78M $93.33M $87.6M $113.11M $97.37M $98.06M $93.93M $85.76M $75.28M $75.24M $59.43M
— — — — $2.4M $2.1M $1.5M $1.5M $1.4M $1.1M $1.5M $1.7M $1.6M $1.6M $1.4M $1.4M $1.35M $1.3M $1.42M $1.89M $1.31M —
— — — $143.78M $146.52M $134.14M $123.12M $117.36M $111.58M $100.94M $91.29M $85.71M $78.59M $65.2M $63.18M $63.32M $60.25M $56.87M $51.98M $45.27M $41.64M $39.49M
— — — $185.28M $170.37M $225.05M $77.14M $127.66M $126.77M $136.67M $99.41M $110.54M $107.08M $82.64M $71.15M $81.85M $74.01M $73.84M $67.17M $61.81M $58.12M $57.47M
— — — — 17.68% 24.85% 9.76% 16.52% 16.56% 19.59% 14.96% 16.38% 17.2% 14.02% — — — — — — — —
— — — $329.05M $316.89M $359.19M $200.26M $245.02M $238.35M $237.6M $190.7M $196.25M $185.68M $147.84M $134.34M $145.17M $134.26M $130.71M $119.15M $107.08M $99.76M $96.95M
— — — $76.85M $70.39M $60.7M $52.81M $46.69M — — — — — — — — — — — — — —
— — — $20.63M $24.18M $22.58M $24.06M $11.95M $17.42M $2.03M $4.93M -$7.1M -$215K -$3.46M $1.13M $1.84M $2.11M $3.12M $259K $2.22M $3.75M -$484K
— — — — — — — — — — $0 $0 $0 $0 $0 $0 $0 — — — — —
— — — — $3.88M $3.58M $4.92M -$7.16M $3.8M $4.29M $5.1M — — — — — — — — — — —
— — — $24.75M $19.11M $42.49M -$6.78M $6.38M $4.09M $12.02M $17.67M $15.87M $36.83M $26.82M $25.29M $27.97M $20.47M $21.45M $23.17M $24.56M $27.36M -$376K
— — — $133.21M $128.21M $190.81M $51.91M $96.01M $101.13M $96.83M $63.12M $65.58M $72.94M — — — — — $37.71M $37.66M $40.55M $39.81M
— — — — 13.3% 21.07% 6.57% 12.43% 13.21% 13.88% 9.5% 9.72% 11.72% — — — — — — — — —
— — — -$128K -$363K -$722K -$535K -$748K -$146K $0 $0 — — — — — — — — — — —
— — — — $128.21M $190.81M $51.91M $96.01M $101.13M $96.83M $63.12M $65.58M $72.94M $48.68M $45.02M $56.74M $47.25M $48.83M $37.71M $37.66M $40.55M —
— — — $126.97M $121.51M $183.59M $51.91M $96.01M — — — — — — — — — — — — — —
USD/shares — — — $2.23 $2.15 $3.26 $0.91 $1.77 $1.96 $1.97 $1.31 $1.36 $1.52 $1.02 $0.94 $1.19 $1.02 $1.17 $0.90 $0.90 $0.98 $1.90
USD/shares — — — $2.22 $2.15 $3.25 $0.91 $1.77 $1.96 $1.97 $1.31 $1.36 $1.52 $1.01 $0.94 $1.19 $1.02 $1.17 $0.90 $0.90 $0.98 $1.90
shares — — — — 59.57M 58.61M 56.95M 54.32M 51.63M 49.27M 48.17M 48.06M 48.01M 47.95M 47.87M 47.79M 46.38M 41.89M 41.76M 41.61M 41.49M 20.71M
shares — — — — 59.63M 58.65M 56.98M 54.36M 51.63M 49.27M 48.17M 48.06M 48.01M 47.96M 47.88M 47.83M 46.42M 41.89M 41.77M 41.64M 41.53M 20.73M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $16.9M in buybacks, $701.8M in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current portion of long-term debt 2026-06-30 USD 590,000 10-Q filed 2026-07-30
Noncurrent long-term debt and lease obligations 2026-06-30 USD 1,471,948,000 10-Q filed 2026-07-30
Short-term borrowings 2026-06-30 USD 205,000,000 10-Q filed 2026-07-30
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
1 filing has incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

4.87% Senior Unsecured Notes, Series A, due October 1, 2032

Note · California Water Service Group

Reference: 4.87% Senior Unsecured Notes, Series A, due October 1, 2032

Active
Original principal
USD 70,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 1, 2032

Last reported interest terms: 4.87% Reported 2025-10-03 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2025-10-01 Original principal USD 70,000,000 Exact source document Parent 8-K filing · 2025-10-03
    On October 1, 2025, California Water Service Group (“Group”) completed the sale and issuance of (i) $70 million principal amount of its 4.87% Senior Unsecured Notes, Series A, due October 1, 2032 (the “Series A Notes”) and (ii) $100 million principal amount of its 5.22% Senior Unsecured Notes, Series B, due October 1, 2035 (the “Series B Notes” and together with the Series A Notes, the “Notes”), pursuant to a Note Purchase Agreement, dated October 1, 2025 (the “Note Purchase Agreement”), and California Water Service Company (“Cal Water”), a wholly owned subsidiary of Group, completed the sale and issuance of $200 million principal amount of its 5.64% First Mortgage Bonds due October 1, 2055, Series 3 (the “Bonds”) pursuant to a Bond Purchase Agreement, dated October 1, 2025.
    Issuer evidence: On October 1, 2025, California Water Service Group (“Group”) completed the sale and issuance of (i) $70 million principal amount of its 4.87% Senior Unsecured Notes, Series A, due October 1, 2032 (the “Series A Notes”) and (ii) $100 million principal amount of its 5.22% Senior Unsecured Notes, Series B, due October 1, 2035 (the “Series B Notes” and together with the Series A Notes, the “Notes”), pursuant to a Note Purchase Agreement, dated October 1, 2025 (the “Note Purchase Agreement”), and California Water Service Company (“Cal Water”), a wholly owned subsidiary of Group, completed the sale and issuance of $200 million principal amount of its 5.64% First Mortgage Bonds due October 1, 2055, Series 3 (the “Bonds”) pursuant to a Bond Purchase Agreement, dated October 1, 2025.
    Supporting evidence: On October 1, 2025, California Water Service Group (“Group”) completed the sale and issuance of (i) $70 million principal amount of its 4.87% Senior Unsecured Notes, Series A, due October 1, 2032 (the “Series A Notes”) and (ii) $100 million principal amount of its 5.22% Senior Unsecured Notes, Series B, due October 1, 2035 (the “Series B Notes” and together with the Series A Notes, the “Notes”), pursuant to a Note Purchase Agreement, dated October 1, 2025 (the “Note Purchase Agreement”),
    Supporting evidence: On October 1, 2025, California Water Service Group (“Group”) completed the sale and issuance of (i) $70 million principal amount of its 4.87% Senior Unsecured Notes, Series A, due October 1, 2032 (the “Series A Notes”) and (ii) $100 million principal amount of its 5.22% Senior Unsecured Notes, Series B, due October 1, 2035 (the “Series B Notes” and together with the Series A Notes, the “Notes”), pursuant to a Note Purchase Agreement, dated October 1, 2025 (the “Note Purchase Agreement”), and California Water Service Company (“Cal Water”), a wholly owned subsidiary of Group, completed the sale and issuance of $200 million principal amount of its 5.64% First Mortgage Bonds due October 1, 2055, Series 3 (the “Bonds”) pursuant to a Bond Purchase Agreement, dated October 1, 2025.

5.22% Senior Unsecured Notes, Series B, due October 1, 2035

Note · California Water Service Group

Reference: 5.22% Senior Unsecured Notes, Series B, due October 1, 2035

Active
Original principal
USD 100,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 1, 2035

Last reported interest terms: 5.22% Reported 2025-10-03 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2025-10-01 Original principal USD 100,000,000 Exact source document Parent 8-K filing · 2025-10-03
    On October 1, 2025, California Water Service Group (“Group”) completed the sale and issuance of (i) $70 million principal amount of its 4.87% Senior Unsecured Notes, Series A, due October 1, 2032 (the “Series A Notes”) and (ii) $100 million principal amount of its 5.22% Senior Unsecured Notes, Series B, due October 1, 2035 (the “Series B Notes” and together with the Series A Notes, the “Notes”), pursuant to a Note Purchase Agreement, dated October 1, 2025 (the “Note Purchase Agreement”), and California Water Service Company (“Cal Water”), a wholly owned subsidiary of Group, completed the sale and issuance of $200 million principal amount of its 5.64% First Mortgage Bonds due October 1, 2055, Series 3 (the “Bonds”) pursuant to a Bond Purchase Agreement, dated October 1, 2025.
    Issuer evidence: On October 1, 2025, California Water Service Group (“Group”) completed the sale and issuance of (i) $70 million principal amount of its 4.87% Senior Unsecured Notes, Series A, due October 1, 2032 (the “Series A Notes”) and (ii) $100 million principal amount of its 5.22% Senior Unsecured Notes, Series B, due October 1, 2035 (the “Series B Notes” and together with the Series A Notes, the “Notes”), pursuant to a Note Purchase Agreement, dated October 1, 2025 (the “Note Purchase Agreement”), and California Water Service Company (“Cal Water”), a wholly owned subsidiary of Group, completed the sale and issuance of $200 million principal amount of its 5.64% First Mortgage Bonds due October 1, 2055, Series 3 (the “Bonds”) pursuant to a Bond Purchase Agreement, dated October 1, 2025.
    Supporting evidence: On October 1, 2025, California Water Service Group (“Group”) completed the sale and issuance of (i) $70 million principal amount of its 4.87% Senior Unsecured Notes, Series A, due October 1, 2032 (the “Series A Notes”) and (ii) $100 million principal amount of its 5.22% Senior Unsecured Notes, Series B, due October 1, 2035 (the “Series B Notes” and together with the Series A Notes, the “Notes”), pursuant to a Note Purchase Agreement, dated October 1, 2025 (the “Note Purchase Agreement”), and California Water Service Company (“Cal Water”), a wholly owned subsidiary of Group, completed the sale and issuance of $200 million principal amount of its 5.64% First Mortgage Bonds due October 1, 2055, Series 3 (the “Bonds”) pursuant to a Bond Purchase Agreement, dated October 1, 2025.
    Supporting evidence: On October 1, 2025, California Water Service Group (“Group”) completed the sale and issuance of (i) $70 million principal amount of its 4.87% Senior Unsecured Notes, Series A, due October 1, 2032 (the “Series A Notes”) and (ii) $100 million principal amount of its 5.22% Senior Unsecured Notes, Series B, due October 1, 2035 (the “Series B Notes” and together with the Series A Notes, the “Notes”), pursuant to a Note Purchase Agreement, dated October 1, 2025 (the “Note Purchase Agreement”), and California Water Service Company (“Cal Water”), a wholly owned subsidiary of Group, completed the sale and issuance of $200 million principal amount of its 5.64% First Mortgage Bonds due October 1, 2055, Series 3 (the “Bonds”) pursuant to a Bond Purchase Agreement, dated October 1, 2025.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
4.36×
Peer median 6.49×
EV/EBIT
23.54×
Peer median 21.97×
P/E (TTM)
21.41×
Peer median 21.61×

Peer medians compare against the 8 similar-size Utilities - Regulated Water companies (of 12 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Residential $567,274,000 $538,234,000 $463,417,000 $458,448,000 $467,365,000 $430,264,000 $446,323,000 $450,062,000
Business $192,668,000 $180,032,000 $159,050,000 $153,570,000 $144,565,000 $125,819,000 $129,223,000 $130,041,000
Multiple Residential $83,997,000 $76,835,000 $67,703,000 $64,481,000 $61,478,000 $55,801,000 — —
Public Authorities $54,681,000 $49,162,000 $40,811,000 $41,150,000 $40,501,000 $35,776,000 $33,862,000 $34,511,000
Service Other $34,113,000 $30,961,000 $31,298,000 $28,345,000 $25,226,000 $20,829,000 $23,093,000 $25,886,000
Industrial $30,962,000 $30,399,000 $28,055,000 $26,622,000 $26,569,000 $29,088,000 $31,857,000 $34,236,000
Operating and Maintenance $13,734,000 $13,818,000 $12,499,000 $12,860,000 $16,276,000 $11,481,000 $12,655,000 $10,392,000
Other Non Regulated Service $4,708,000 $4,400,000 $3,506,000 $5,774,000 $3,741,000 $3,043,000 $4,271,000 $5,413,000
Insurance Programs — — — $2,700,000 — — — —
Key facts CIK 1035201 CUSIP 130788102 13F (30d) 56 filings 56 filers Visit website Investor relations