California Water Service Group (CWT)

Last Closing Price: 46.33 (2025-06-13)

Company Description

California Water Service Group is one of the largest investor-owned water utilities in the United States. The utility has six subsidiaries- California Water Service, Washington Water Service Company, New Mexico Water Service Company, Hawaii Water Service Company, CWS Utility Services, and HWS Utility Services. Also, in May 2021, it added an arm called Texas Water Service, which owns and operates four wastewater utilities serving the growing communities outside Austin and San Antonio. Along with its units, it provides regulated and non-regulated high-quality water and wastewater services. The Company only operates in one reportable segment, providing water and related utility services. The business operations consists of the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. In some areas, it also provides wastewater collections and treatment services, including treatment which allows water recycling.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $1.04B
Net Income (Most Recent Fiscal Year) $190.81M
PE Ratio (Current Year Earnings Estimate) 20.01
PE Ratio (Trailing 12 Months) 20.32
PEG Ratio (Long Term Growth Estimate) 2.28
Price to Sales Ratio (Trailing 12 Months) 2.85
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.69
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 8.47
Pre-Tax Margin (Trailing 12 Months) 13.81%
Net Margin (Trailing 12 Months) 13.84%
Return on Equity (Trailing 12 Months) 8.32%
Return on Assets (Trailing 12 Months) 2.64%
Current Ratio (Most Recent Fiscal Quarter) 0.53
Quick Ratio (Most Recent Fiscal Quarter) 0.49
Debt to Common Equity (Most Recent Fiscal Quarter) 0.68
Inventory Turnover (Trailing 12 Months) 23.71
Book Value per Share (Most Recent Fiscal Quarter) $27.55
Earnings per Share (Most Recent Fiscal Quarter) $0.22
Earnings per Share (Most Recent Fiscal Year) $3.25
Diluted Earnings per Share (Trailing 12 Months) $2.28
Stock
Exchange NYSE
Sector Utilities
Industry Utilities - Regulated Water
Common Shares Outstanding 59.57M
Free Float 59.13M
Market Capitalization $2.76B
Average Volume (Last 20 Days) 0.28M
Beta (Past 60 Months) 0.66
Percentage Held By Insiders (Latest Annual Proxy Report) 0.73%
Percentage Held By Institutions (Latest 13F Reports) 82.78%
Annual Dividend (Based on Last Quarter) $1.20
Dividend Yield (Based on Last Quarter) 2.59%