CWT
$46.35+0.65%
California Water Service GroupStock · UtilitiesRussell 2000 0.09%US Stock Market 0.004%Russell 3000 0.004%
CWT financial statements
The full income statement, balance sheet, and cash-flow statement for California Water Service Group (CWT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 58.8M2024-09 59.5M2024-12 59.5M2025-03 59.6M2025-06 59.6M2025-09 59.6M2025-12 59.6M2026-03 59.9M2026-06 61.8M+5.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 964M+6.4% | 906M+14.6% | 790M+2.3% | 773M+0.9% | 766M+9.8% | |
| Selling, general & administrative | 142M+1.5% | 140M-1.9% | 142M+7.2% | 133M+4.8% | 127M+8.2% | |
| General & administrative | 142M+1.5% | 140M-1.9% | 142M+7.2% | 133M+4.8% | 127M+8.2% | |
| Amortization of intangibles | 2.40M+14.3% | 2.10M+40.0% | 1.50M+0.0% | 1.50M+7.1% | 1.40M+27.3% | |
| Provision for credit losses | 3.91M-33.6% | 5.89M+137.5% | 2.48M-57.9% | 5.89M+441.1% | 1.09M-81.0% | |
| Operating income | 170M-24.3% | 225M+191.8% | 77.1M-39.6% | 128M+0.7% | 127M-7.2% | |
| Interest expense | 70.4M+16.0% | 60.7M+14.9% | 52.8M+13.1% | 46.7M+3.8% | 45.0M-0.1% | |
| Other non-operating income | 24.2M+7.1% | 22.6M-6.1% | 24.1M+101.4% | 11.9M-31.4% | 17.4M+759.5% | |
| Income tax | 19.1M-55.0% | 42.5M+726.6% | -6.78M-206.4% | 6.38M+55.8% | 4.09M-66.0% | |
| 128M-32.8% | 191M+267.6% | 51.9M-45.9% | 96.0M-5.1% | 101M+4.4% | ||
| Net income to non-controlling interest | -363K+49.7% | -722K-35.0% | -535K+28.5% | -748K-412.3% | -146K | |
| Net income to common | 128M-32.8% | 191M+267.6% | 51.9M-45.9% | 96.0M-5.1% | 101M+4.4% | |
| $2.15-33.8% | $3.25+257.1% | $0.91-48.6% | $1.77-9.7% | $1.96-0.5% | ||
| EPS (basic) | $2.15-34.0% | $3.26+258.2% | $0.91-48.6% | $1.77-9.7% | $1.96-0.5% | |
| Weighted-avg shares (basic) | 59.6M+1.6% | 58.6M+2.9% | 57.0M+4.8% | 54.3M+5.2% | 51.6M+4.8% | |
| Weighted-avg shares (diluted) | 59.6M+1.7% | 58.6M+2.9% | 57.0M+4.8% | 54.4M+5.3% | 51.6M+4.8% | |
| Dividends per share | $1.24+10.7% | $1.12+7.7% | $1.04+4.0% | $1.00+8.7% | $0.92+8.2% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 354M+9.3% | 324M+9.4% | 296M+0.3% | 296M-1.6% | 300M+12.9% | ||
| Cash & equivalents | 51.8M+3.4% | 50.1M+26.6% | 39.6M-36.2% | 62.1M-20.8% | 78.4M+75.9% | |
| Accounts receivable | 56.3M-3.9% | 58.6M-1.3% | 59.3M+7.8% | 55.1M-9.4% | 60.8M+38.1% | |
| 5.67B+9.5% | 5.18B+12.7% | 4.60B+7.8% | 4.26B+17.7% | 3.62B+6.7% | ||
| Operating lease right-of-use | 12.2M-8.1% | 13.3M-0.6% | 13.4M-9.3% | 14.8M-3.6% | 15.3M-1.7% | |
| Goodwill | 37.1M+0.0% | 37.1M+0.1% | 37.0M+0.6% | 36.8M+0.0% | 36.8M+15.6% | |
| Intangible assets | 17.3M+2.9% | 16.8M+24.7% | 13.5M+39.7% | 9.66M+4.4% | 9.25M+12.1% | |
| Other non-current assets | 360M+18.9% | 303M+31.0% | 231M+31.5% | 176M+14.6% | 153M+27.4% | |
| 418M-22.3% | 538M+25.1% | 430M+46.1% | 295M+8.4% | 272M-53.8% | ||
| Accounts payable | 176M+4.9% | 168M+6.5% | 157M+11.6% | 141M-2.3% | 144M+9.6% | |
| Deferred revenue | 3.18M-7.7% | 3.45M+15.2% | 2.99M-3.5% | 3.10M+1.6% | 3.05M-7.7% | |
| Short-term & current debt | 2.27M-96.9% | 72.4M+10677.1% | 672K-79.7% | 3.31M-36.2% | 5.19M+1.3% | |
| Current lease liability | 1.21M-0.4% | 1.22M+26.6% | 962K-9.7% | 1.06M-40.9% | 1.80M+2.6% | |
| Finance lease liability (current) | 1.91M-8.9% | 2.10M+148.7% | 844K-67.0% | 2.56M+215.8% | 809K+12.2% | |
| Long-term debt | 1.47B+33.3% | 1.10B+4.9% | 1.05B+0.0% | 1.05B-0.3% | 1.06B+35.2% | |
| Non-current lease liability | 11.3M-8.4% | 12.3M-2.5% | 12.6M-8.9% | 13.8M+1.7% | 13.6M-1.9% | |
| Operating lease liability (total) | 12.5M-7.7% | 13.5M-0.5% | 13.6M-9.0% | 14.9M-3.2% | 15.4M-1.4% | |
| Finance lease liability (total) | 1.91M-31.4% | 2.79M-28.6% | 3.90M-25.4% | 5.23M-8.7% | 5.73M+10.0% | |
| Finance lease liability | 0.00-100.0% | 688K-77.5% | 3.06M+14.3% | 2.67M-45.6% | 4.92M+9.7% | |
| Deferred tax liabilities | 451M+9.7% | 411M+16.5% | 353M+6.8% | 330M+12.1% | 295M+6.7% | |
| Other non-current liabilities | 106M+13.0% | 94.2M+22.7% | 76.8M+4.3% | 73.6M+1.5% | 72.5M+8.1% | |
| 1.69B+3.3% | 1.64B+14.5% | 1.43B+8.2% | 1.32B+12.8% | 1.17B+27.2% | ||
| Common stock | 596K+0.2% | 595K+3.1% | 577K+3.8% | 556K+3.5% | 537K+6.8% | |
| Additional paid-in capital | 973M+0.7% | 967M+10.3% | 877M+15.3% | 760M+16.8% | 651M+45.1% | |
| Retained earnings | 729M+8.1% | 675M+22.8% | 550M-1.3% | 557M+8.1% | 515M+11.7% | |
| Accumulated other comprehensive income | -13.9M-92.9% | -7.22M | 0.00 | — | — | |
| Non-controlling interest | 2.57M-14.7% | 3.02M-15.8% | 3.58M-25.5% | 4.80M-10.8% | 5.39M | |
| Total equity incl. non-controlling | 1.69B+3.3% | 1.64B+14.5% | 1.43B+8.2% | 1.32B+12.8% | 1.17B+28.7% | |
| Total liabilities & equity | 5.67B+9.5% | 5.18B+12.7% | 4.60B+7.8% | 4.26B+17.7% | 3.62B+6.7% | |
| Common shares issued | 59.6M+0.3% | 59.5M+3.0% | 57.7M+3.8% | 55.6M+3.5% | 53.7M+6.7% | |
| Common shares outstanding | 59.6M+0.3% | 59.5M+3.0% | 57.7M+3.8% | 55.6M+3.5% | 53.7M+6.7% | |
| Shares outstanding (cover) | 59.6M+0.3% | 59.5M+3.1% | 57.7M+3.7% | 55.6M+3.5% | 53.7M+6.7% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 303M+4.0% | 291M+33.5% | 218M-10.6% | 244M+5.2% | 232M+96.5% | ||
| Depreciation & amortization | 147M+9.2% | 134M+8.9% | 123M+4.9% | 117M+5.2% | 112M+10.5% | |
| Intangible amortization | 2.40M+14.3% | 2.10M+40.0% | 1.50M+0.0% | 1.50M+7.1% | 1.40M+27.3% | |
| Share-based compensation | 4.98M+33.0% | 3.75M+25.2% | 2.99M-42.0% | 5.16M-24.2% | 6.80M+48.3% | |
| Deferred income taxes | 17.8M-40.1% | 29.7M+537.5% | -6.78M-250.3% | 4.51M+598.9% | 646K-94.6% | |
| Change in payables | -19.8M-1237.8% | 1.74M-82.4% | 9.90M+229.8% | -7.63M-159.6% | -2.94M-887.7% | |
| -520M-9.5% | -475M-21.9% | -389M-16.1% | -336M-11.5% | -301M+13.1% | ||
| Acquisitions | 0.00-100.0% | 1.61M+819.4% | 175K | 0.00-100.0% | 6.45M-84.1% | |
| Proceeds from sale of PP&E | — | — | 0.00 | 0.00-100.0% | 108K | |
| Other investing activities | 0.00+100.0% | -48.0K | 0.00 | 0.00 | — | |
| 219M+12.6% | 195M+13.5% | 172M+78.5% | 96.1M-8.2% | 105M-54.5% | ||
| Long-term debt issued | 368M+195.0% | 125M | 0.00 | 0.00-100.0% | 279M | |
| Long-term debt repaid | 70.9M+7875.6% | 889K-50.9% | 1.81M-66.6% | 5.42M+1.3% | 5.35M-75.8% | |
| Common stock issued | 4.04M-95.5% | 89.0M-22.7% | 115M+7.8% | 107M-46.0% | 198M+136.6% | |
| Common stock repurchased | 1.43M-0.1% | 1.44M-22.2% | 1.84M-8.4% | 2.01M+13.9% | 1.77M+5.2% | |
| Dividends paid | 73.9M+12.8% | 65.5M+10.9% | 59.0M+9.0% | 54.2M+14.3% | 47.4M+13.5% | |
| Other financing activities | 0.00-100.0% | 3.16M | 0.00 | 0.00 | — | |
| Net change in cash | 1.69M-84.3% | 10.7M+18271.2% | -59.0K-101.3% | 4.37M-87.7% | 35.5M+1840.1% | |
| Interest paid | 61.1M+9.8% | 55.7M+13.2% | 49.1M+12.3% | 43.8M+5.2% | 41.6M+2.0% | |
| Income taxes paid | 12.5M-53.7% | 27.0M+871.4% | -3.50M | 0.00-100.0% | 3.66M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.58B-4.2% | 2.70B-9.9% | 2.99B-10.0% | 3.32B-13.9% | 3.86B+41.9% | |
| P/E | 20.2×+42.6% | 14.1×-80.5% | 72.4×+74.1% | 41.6×+8.9% | 38.2×+35.9% | |
| P/S | 2.7×-9.9% | 3.0×-23.5% | 3.9×-10.6% | 4.4×-13.7% | 5.0×+29.3% | |
| P/B | 1.5×-7.2% | 1.6×-22.2% | 2.1×-19.4% | 2.6×-20.3% | 3.3×+11.6% | |
| Earnings yield | 5.0%-29.9% | 7.1%+412.2% | 1.4%-42.6% | 2.4%-8.2% | 2.6%-26.4% | |
| Dividend yield | 2.9%+15.8% | 2.5%+23.2% | 2.0%+21.6% | 1.6%+28.8% | 1.3%-18.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: CWT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CWT filings on SEC EDGAR → Not investment advice.