California Water Service Group

California Water Service Group

44.00
EUR
+1.20
(+2.80%)
1.95EPS
22.16P/E
2.67BMarket Cap
Oct 29Next Earn
California Water Service Group
FRA:WT5
(Frankfurt Stock Exchange)

Recent

price

44.00

P/E

ratio

22.16

div

yld

2.52%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
USD
11.06
12.02
13.37
12.59
12.5
12.29
12.71
14.08
14.53
14.83
16.12
15.32
15.58
13.95
17.69
16.79
17.63
Revenue per Share
0.9
0.9
1.17
1.02
1.19
0.94
1.02
1.52
1.36
1.31
1.97
1.96
1.77
0.91
3.26
2.15
2.23
Basic EPS, GAAP
-1.16
-0.17
0.1
0.03
-0.08
-0.67
-1.43
-2.32
-1.93
-2.18
-3.67
4.49
4.49
3.82
4.96
5.08
5.49
Free Cash Flow per Basic Share
0.59
0.61
0.63
0.64
0.65
0.67
0.69
0.72
0.75
0.79
0.85
0.92
1
1.04
1.12
1.24
1.27
Dividend per Share
10.45
10.76
11.3
12.54
13.11
13.41
13.75
14.56
15.19
16.07
18.3
21.72
23.7
24.72
27.49
28.33
29.23
Book Value per Share
10.39
10.39
10.91
12.23
12.82
13.1
13.45
14.05
14.62
15.5
17.12
20.47
22.73
23.72
26.46
27.29
28.63
Tangible Book Value per Share
42
42
42
46
48
48
48
48
48
48
49
52
54
57
59
60
60
Basic Weighted Avg Shares
460
502
560
584
597
588
609
676
698
715
794
791
846
795
1,037
1,000
1,054
Sales/Revenue/Turnover
18.44
17.97
16.64
15.93
18.17
16.26
18.36
21.06
18.49
16.03
18.38
16.35
15.57
8.01
25.32
18.31
19.37
Operating Margin (%)
45
52
57
60
63
63
65
79
86
91
101
112
117
123
134
147
144
Depreciation Expense
38
38
49
47
57
45
49
73
66
63
97
101
96
52
191
128
133
Net Income, GAAP
39.47
38.05
30.52
30.22
33.02
35.97
35.52
33.55
19.49
21.87
11.04
3.89
6.27
- -
18.27
13
14.89
Effective Tax Rate (%)
8.18
7.52
8.72
8.09
9.5
7.65
7.99
10.79
9.39
8.83
12.19
12.79
11.34
6.53
18.4
12.82
12.63
Profit Margin (%)
19
-38
-97
-27
-64
-20
-108
-263
-132
-174
-323
29
1
-134
-214
-64
-173
Working Capital
479
482
434
426
419
508
532
516
710
787
781
1,056
1,052
1,053
1,105
1,472
1,472
LT Debt
436
450
474
599
627
642
659
699
730
780
921
1,172
1,322
1,430
1,638
1,692
1,810
Total Equity
4.23
4.28
4.98
4.79
4.87
3.88
4.25
5.03
5.7
4.59
6.32
5.6
5.07
- -
6.47
4.69
4.72
Return on Invested Capital (%)
6.09
5.83
6.74
6.35
6.76
5.38
5.46
6.77
6.17
5.65
6.97
6.57
5.86
- -
8.39
5.91
5.85
Return on Capital (%)
8.8
8.52
10.57
8.81
9.26
7.1
7.48
10.74
9.18
8.36
11.38
9.69
7.73
3.78
12.46
7.71
7.7
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
133
231
206
LT Borrowings
1,472
1,472
1,472
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
62
Market Capitalization
2,577
2,767
3,052

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
354
375
407
Cash, Cash Equivalents & STI
52
58
43
Accounts Receivable, Net
64
53
72
Inventories
20
20
18
Total Current Liabilities
418
545
581
Payables & Accruals
205
263
281
ST Debt
133
231
206
Deferred Revenue
18
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.41%
13.2%
3.28%
Free Cash Flow
5.01%
-39.22%
4.02%
Net Income, GAAP
28.57%
37.64%
-32.81%
Sales/Revenue/Turnover
5.87%
5.48%
-3.54%
Total Cash Common Dividend
8.77%
12.09%
12.82%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
271
244
300
222
1,037
2025
204
265
311
220
1,000
2026
215
309
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.21
0.7
1.03
0.33
3.26
2025
0.22
0.71
1.03
0.19
2.15
2026
0.07
0.94
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.28
0.28
0.28
1.12
2025
0.34
0.3
0.3
0.3
1.24
2026
0.33
0.33
- -
- -
- -
Business
California Water Service Group is a publicly traded water utility company providing water and wastewater services to over two million people primarily west of the Mississippi River in the United States. Founded in 1926 and headquartered in San Jose, California, the company operates through its five subsidiaries: California Water Service, Hawaii Water Service, New Mexico Water Service, Texas Water Service, and Washington Water Service. Its core products and services include securing, treating, testing, storing, and delivering potable water for residential, commercial, industrial, and public authority use, fire protection services, wastewater collection and treatment, recycled water provision, and non-regulated water-related services such as operating municipally and privately owned water systems, meter reading, billing services, and leasing of communication antenna sites. Recent major company developments include the acquisition agreements signed in 2025 by California Water Service, the largest subsidiary, to acquire water utility assets of Casa Loma Water Company and Palm Mutual Water Company in the Bakersfield region, subject to regulatory approval and intended system upgrades to improve fire flow and system pressure. Additionally, the company has ongoing infrastructure upgrades across various service areas including Oak Hills, Visalia, Chico, and Leona Valley aimed at enhancing water supply reliability and fire protection. Hawaii Water Service recently proposed its first rate adjustment since 2021 reflecting investments to improve reliability and maintain safety. The company also launched its annual Firefighter Grant Program supporting local first responders. California Water Service Group operates across multiple states including California, Hawaii, New Mexico, Texas, and Washington. It is recognized as the third-largest publicly traded water utility in the United States, focusing on infrastructure investment, regulatory compliance, and expansion through strategic acquisitions and system improvements. The company emphasizes environmental sustainability, water quality, and community-oriented service initiatives as central to its operational strategy.

Company News

  • CWT Unit Gets Rate Hike Approval to Recover Infrastructure Costs

  • Hawaii Public Utilities Commission Issues General Rate Case Decision for Hawaii Water Service's Kapalua Water and Wastewater Systems

  • California Water Service Group Prices $125 Million of Senior Unsecured Notes and California Water Service Company Prices $150 Million of First Mortgage Bonds

  • California Water Service Group Chairman & CEO Joins Alliance for Critical Infrastructure (ACI) Board of Directors

  • Best Dividend Kings: September 2026

  • The Dividend Kings Ranked By Quality Scores (September 2026)

  • Can Rising Water Demand Boost California Water's Long-Term Growth?

  • CWT Unit Gets Rate Hike Nod to Recover Infrastructure Investments

  • WUTC Issues Decision in Washington Water's Application to Recover Costs for Investments to Provide Safe, Reliable Service

  • California Water Service Kicks Off Back-to-School Season With 13th Year of Tap Into Learning Program

  • Newsweek Names California Water Service Group One of “America's Greatest Companies”

  • Hawaii Water Service Proposes Rate Adjustment for Kona Service Area for Investments Made to Help Keep Service Safe, Reliable

  • Freestone Grove Partners LP Takes Position in California Water Service Group $CWT

  • Bank of America Corp DE Has $5.53 Million Stock Holdings in California Water Service Group $CWT

  • 10,755,498 Shares in California Water Service Group $CWT Acquired by BlackRock Inc.

  • California Water Service Group Awards $80,000 in Scholarships, Nears $1 Million Milestone Investing in its Communities' Future Leaders

  • California Water Service Group Named One of “World's Greenest Companies” by Newsweek

  • Dividend Champion, Contender, And Challenger Highlights: Week August 16

  • 5 Dividend Kings That Blew Away Q2 Earnings Are Sizzling Summer Bargains

  • Zacks Industry Outlook Essential Utilities, American States, and California Water Service