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
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California Water Service Group (CWT) 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 | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ARTNA Artesian Resources Corporation compare | 100.0% |
| YORW The York Water Company compare | 100.0% |
| MSEX Middlesex Water Company compare | 100.0% |
| WTRG Essential Utilities Inc. compare | 82.6% |
| AWR American States Water Company compare | 77.7% |
| CWT California Water Service Group | 68.7% |
| HTO H2O America compare | 60.8% |
| SBS Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp compare | 37.8% |
| CWCO Consolidated Water Co. Ltd. compare | 35.4% |
| Utilities Regulated Water industry median | 74.8% |
| Utilities sector median | 62.0% |
| Market median | 46.4% |
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
More on CWT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement