California Water Service Group Stock (NYSE:CWT)


ForecastRevenueOwnershipFinancialsChartTranscripts

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$47.91

52W Range

$43.50 - $56.25

50D Avg

$51.08

200D Avg

$50.54

Market Cap

$2.74B

Avg Vol (3M)

$298.54K

Beta

0.49

Div Yield

$1.12 (2.43%)

CWT Company Profile


California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.

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Industry

Regulated Water

Sector

Utilities

Exchange

NYSE

ADR

-

Country

US

Employees

1,266

IPO Date

Mar 26, 1990

Website

CWT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Business$159.05M$144.56M-
Service, Other$31.30M$25.23M-
Residential$463.42M$528.84M-
Other Non-Regulated Service$3.51M$3.74M-
Public Authorities$40.81M$40.50M-
Industrial$28.05M$26.57M-
Non-Regulated Services$18.51M$21.28M$22.76M
Operating And Maintenance$12.50M$16.28M-

Fiscal year ends in Dec 23 | Currency in USD

CWT Financial Summary


Dec 23Dec 22Dec 21
Revenue$794.63M$846.43M$790.91M
Operating Income$77.14M$127.66M$126.17M
Net Income$51.91M$96.01M$101.13M
EBITDA$210.74M$256.43M$253.81M
Basic EPS$0.91$1.77$1.96
Diluted EPS$0.91$1.77$1.96

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Oct 31, 24 | 3:55 PM
Q2 24Aug 01, 24 | 8:53 PM
Q1 24Apr 25, 24 | 12:00 AM

Peer Comparison


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YORWThe York Water Company
CWCOConsolidated Water Co. Ltd.
GWRSGlobal Water Resources, Inc.