California Water Service Group

CWT Utilities Utilities Regulated Water

California Water Service Group’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, down 3.54% from fiscal 2024.

Revenue
+6.73%
EPS
+1.76%
Free cash flow
−97.1%
Total debt
+8.28%

Quarter to September 2026, against a year earlier

50.00 0.89 +1.81%
Market cap
$3.1B
P/E
21.8×
Fwd P/E
19.2×
Dividend yield
2.66%
F-score
4/9
Altman Z
0.83
Beneish M
−2.46
Dividend safety
24/100

California Water Service Group (CWT) Gross margin

Alert me on Gross margin

California Water Service Group's gross margin over the twelve months to 30 September 2026 was 68.7%, up 0.9 percentage points from fiscal 2025 (67.8%). Over the past ten years it has ranged from 63.7% (fiscal 2023) to 70.0% (fiscal 2024); the current reading is higher than 91% of that period. That is below the Utilities Regulated Water industry median of 74.8% and above the Utilities sector median of 62.0%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 67.8% (2.26)
FY2024 70.0% 6.35
FY2023 63.7% (2.61)
FY2022 66.3% 1.38
FY2021 64.9% (0.24)
FY2020 65.2% 0.89
FY2019 64.3% 0.48
FY2018 63.8% (0.44)
FY2017 64.2% 0.33
FY2016 63.9% (0.76)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 69.3% (0.98)
Jun 2026 70.2% 3.48
Mar 2026 66.8% (0.95)
Dec 2025 67.7% 0.71
43 more quarters

Against its own ten years

Low 63.7% High 70.0%
Ten-year median 64.7%
Current reading's percentile 93

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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