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) Operating margin
California Water Service Group's operating margin over the twelve months to 30 September 2026 was 18.4%, up 1.3 percentage points from fiscal 2025 (17.0%). Over the past ten years it has ranged from 9.71% (fiscal 2023) to 21.7% (fiscal 2024); the current reading is higher than 82% of that period. That is below the Utilities Regulated Water industry median of 31.2% and in line with the Utilities sector median of 18.8%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 17.0% | (4.68) |
| FY2024 | 21.7% | 12.00 |
| FY2023 | 9.71% | (5.37) |
| FY2022 | 15.1% | (0.95) |
| FY2021 | 16.0% | (1.18) |
| FY2020 | 17.2% | 3.30 |
| FY2019 | 13.9% | (1.92) |
| FY2018 | 15.8% | (0.01) |
| FY2017 | 15.8% | 2.28 |
| FY2016 | 13.6% | 1.47 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 24.9% | 1.92 |
| Jun 2026 | 23.0% | 14.50 |
| Mar 2026 | 8.47% | (3.17) |
| Dec 2025 | 11.6% | (11.05) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| YORW The York Water Company compare | 36.6% |
| WTRG Essential Utilities Inc. compare | 35.1% |
| SBS Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp compare | 32.2% |
| AWR American States Water Company compare | 31.9% |
| MSEX Middlesex Water Company compare | 30.5% |
| ARTNA Artesian Resources Corporation compare | 25.0% |
| HTO H2O America compare | 20.7% |
| CWT California Water Service Group | 18.4% |
| CWCO Consolidated Water Co. Ltd. compare | 12.3% |
| Utilities Regulated Water industry median | 31.2% |
| Utilities sector median | 18.8% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on CWT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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