CALIFORNIA WATER SERVICE GROUP CWT

Latest FY: 2025 Utilities Utilities - Regulated Water
Market Price $48.88
Market Cap $2.93B
P/E Ratio 22.73
Quick Peer Compare (Utilities):
Revenue (FY 2025) ↓-3.5% YoY
$1.00B
3-Yr CAGR: 5.7%
Net Income ↓-32.8% YoY
$128.21M
Net Margin: 12.8%
Free Cash Flow ↓-19.2% YoY
-$214.43M
FCF Yield: -7.33%
EPS (Diluted) ↓-33.8% YoY
$2.15
Basic: $2.15
Return on Equity Efficiency
4,986.8%
ROA: 2.3%
⚡ Elevated ROE due to low book equity from buybacks

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (CWT)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $609.4M $575.9M $48.7M $1.01 $0.69 2.03% $159.7M
FY 2017 $666.9M +9.4% $630.6M $67.2M +38.0% $1.40 +38.6% $0.72 1.59% $147.8M
FY 2018 $698.2M +4.7% $211.3M $65.6M -2.4% $1.36 -2.9% $0.75 1.57% $179.0M
FY 2019 $714.6M +2.3% $208.0M $63.1M -3.8% $1.31 -3.7% $0.79 1.53% $168.8M
FY 2020 $794.3M +11.2% $253.7M $96.8M +53.4% $1.97 +50.4% $0.85 1.57% $117.9M
FY 2021 $790.9M -0.4% $253.5M $101.1M +4.4% $1.96 -0.5% $0.92 1.28% $231.7M $231.6M
FY 2022 $846.4M +7.0% $260.4M $96.0M -5.1% $1.77 -9.7% $1.00 1.64% $243.8M $243.8M +5.3%
FY 2023 $794.6M -6.1% $219.4M $51.9M -45.9% $0.91 -48.6% $1.04 2.00% $217.8M $217.8M -10.6%
FY 2024 $1,036.8M +30.5% $364.6M $190.8M +267.6% $3.25 +257.1% $1.12 2.46% $290.9M $-179.9M -182.6%
FY 2025 $1,000.1M -3.5% $311.9M $128.2M -32.8% $2.15 -33.8% $1.24 2.86% $302.6M $-214.4M -19.2%
$

Valuation

Market Price $48.88
Market Cap $2.93B
Enterprise Value $4.35B
P/E Ratio 22.73
P/B Ratio 1,137.93
FCF Yield -7.33%
Dividend Yield 2.53%
Shares Outstanding 59,853,300
%

Profitability & Margins

Gross Margin 31.19%
Operating Margin 17.03%
Net Margin 12.82%
Return on Equity (ROE) 4,986.81%
Return on Assets (ROA) 2.26%
Asset Turnover 0.18x
Revenue 3-Yr CAGR 5.72%
🛡️

Financial Health & Liquidity

Current Ratio 0.85
Cash Ratio 0.12
Debt / Equity 573.410
Debt / Assets 0.260
Cash & Equivalents $51.82M
Total Debt $1.47B
Book Value / Share $0.04
💧

Cash Flow Efficiency

Operating Cash Flow $302.56M
Capital Expenditures (CapEx) $516.99M
Free Cash Flow -$214.43M
OCF / Revenue 30.25%
FCF / Revenue -21.44%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $2.15
EPS (Basic) $2.15
Dividends / Share $1.24
Book Value / Share $0.04
EPS YoY Growth -33.85%
🏛️

Balance Sheet (FY 2025)

Total Assets $5.67B
Total Liabilities $5.67B
Stockholders' Equity $2.57M
Current Assets $354.43M
Current Liabilities $418.16M