California Water Service Group (CWT) Financial Statements
Industry: Water Supply
In fiscal 2025, California Water Service reported revenue of $963.7M, up 6.4% from $905.6M the year before. Net income was $128.2M (a 13.3% net margin), or $2.15 per diluted share. Operating margin was 17.7%. Operating activities generated $302.6M of cash. At fiscal year end, California Water Service held $5.67B in total assets against $3.98B in total liabilities, including $51.8M of cash and equivalents.
Open the full interactive California Water Service financials → Quarterly statements, key ratios, valuation history and price charts.
California Water Service Key Stats
| Share Price | $46.14 |
|---|---|
| Market Cap | $2.79B |
| P/E Ratio | 21.5 |
| Revenue YoY Growth | +6.4% |
| 52-Week Range | $41.39 – $52.09 |
| Shares Outstanding | 60.4 million (basic, 2026 Q2) |
California Water Service Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $697.6M | $765.7M | $772.6M | $790.3M | $905.6M | $963.7M |
| Operating Income | $136.7M | $126.8M | $127.7M | $77.1M | $225.1M | $170.4M |
| Pre-Tax Income | $108.8M | $105.2M | $102.4M | $45.1M | $233.3M | $147.3M |
| Income Tax | $12.0M | $4.1M | $6.4M | -$6.8M | $42.5M | $19.1M |
| Net Income | $96.8M | $101.1M | $96.0M | $51.9M | $190.8M | $128.2M |
| Diluted EPS | $1.97 | $1.96 | $1.77 | $0.91 | $3.25 | $2.15 |
California Water Service Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $314.1M | $210.7M | $197.3M | $278.0M |
| Net Income | $61.2M | $11.5M | $4.0M | $56.5M |
| Diluted EPS | $1.03 | $0.19 | $0.07 | $0.93 |
California Water Service Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $44.6M | $78.4M | $62.1M | $39.6M | $50.1M | $51.8M |
| Current Assets | $266.0M | $300.5M | $295.5M | $296.3M | $324.1M | $354.4M |
| Total Assets | $3.39B | $3.62B | $3.85B | $4.60B | $5.18B | $5.67B |
| Current Liabilities | $588.7M | $256.6M | $294.6M | $430.3M | $538.4M | $418.2M |
| Total Long-Term Debt | $786.2M | $1.06B | $1.06B | $1.05B | $1.18B | $1.47B |
| Total Liabilities | $2.47B | $2.44B | $2.53B | $3.17B | $3.54B | $3.98B |
| Shareholders' Equity | $921.3M | $1.18B | $1.32B | $1.43B | $1.64B | $1.69B |
California Water Service Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $117.9M | $231.7M | $243.8M | $217.8M | $290.9M | $302.6M |
| Cash From Investing | -$346.1M | -$300.9M | -$335.5M | -$389.4M | -$474.9M | -$520.1M |
| Cash From Financing | $230.0M | $104.7M | $96.1M | $171.5M | $194.7M | $219.3M |
Figures from California Water Service's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full California Water Service financials page for every line item.
California Water Service Company Profile
| Ticker | CWT |
|---|---|
| Exchange | NYSE |
| Industry | Water Supply |
| Headquarters | San Jose, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001035201 |
Frequently Asked Questions
What was California Water Service's revenue in fiscal 2025?
California Water Service (CWT) reported revenue of $963.7M for fiscal 2025.
What is California Water Service's annual revenue history?
California Water Service's annual revenue by fiscal year: 2020: $697.6M; 2021: $765.7M; 2022: $772.6M; 2023: $790.3M; 2024: $905.6M; 2025: $963.7M.
What was California Water Service's net income in fiscal 2025?
California Water Service reported net income of $128.2M for fiscal 2025.
What was California Water Service's earnings per share (EPS) in fiscal 2025?
California Water Service's diluted EPS was $2.15 for fiscal 2025 (adjusted for any later stock splits).
What was California Water Service's revenue last quarter?
In its most recent reported quarter (2026 Q2), California Water Service reported revenue of $278.0M.
How much debt does California Water Service have?
California Water Service reported $1.47B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of California Water Service are outstanding?
California Water Service reported a weighted average of 60.4 million basic shares outstanding in 2026 Q2.
What is California Water Service's market cap?
Based on its latest closing price, California Water Service (CWT) has a market capitalization of about $2.79B.
When does California Water Service's fiscal year end?
California Water Service's fiscal year end, as registered with the SEC, is December 31.
Where is California Water Service headquartered?
California Water Service lists its business address in San Jose, California in its SEC filings.