California Water Service Group (CWT) Revenue & Revenue Breakdown
California Water Service Group Revenue Highlights
Latest Revenue (Y)
$794.63M
Latest Revenue (Q)
$244.30M
Main Segment (Y)
Residential
California Water Service Group Revenue by Period
California Water Service Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $794.63M | -6.12% |
| 2022-12-31 | $846.43M | 7.02% |
| 2021-12-31 | $790.91M | -0.43% |
| 2020-12-31 | $794.31M | 11.16% |
| 2019-12-31 | $714.56M | 2.34% |
| 2018-12-31 | $698.20M | 4.69% |
| 2017-12-31 | $666.89M | 9.44% |
| 2016-12-31 | $609.37M | 3.57% |
| 2015-12-31 | $588.37M | -1.53% |
| 2014-12-31 | $597.50M | 2.29% |
| 2013-12-31 | $584.10M | 4.31% |
| 2012-12-31 | $559.97M | 11.59% |
| 2011-12-31 | $501.81M | 9.00% |
| 2010-12-31 | $460.40M | 2.45% |
| 2009-12-31 | $449.37M | 9.52% |
| 2008-12-31 | $410.31M | 11.78% |
| 2007-12-31 | $367.08M | 9.67% |
| 2006-12-31 | $334.72M | 4.36% |
| 2005-12-31 | $320.73M | 1.64% |
| 2004-12-31 | $315.57M | 13.87% |
| 2003-12-31 | $277.13M | 5.31% |
| 2002-12-31 | $263.15M | 6.62% |
| 2001-12-31 | $246.82M | 0.82% |
| 2000-12-31 | $244.81M | 18.61% |
| 1999-12-31 | $206.40M | 10.79% |
| 1998-12-31 | $186.30M | -4.61% |
| 1997-12-31 | $195.30M | 6.84% |
| 1996-12-31 | $182.80M | 10.72% |
| 1995-12-31 | $165.10M | 4.96% |
| 1994-12-31 | $157.30M | 3.69% |
| 1993-12-31 | $151.70M | - |
California Water Service Group generated $794.63M in revenue during NA 2023, up -6.12% compared to the previous quarter, and up 113.81% compared to the same period a year ago.
California Water Service Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $244.30M | -9.77% |
| 2024-03-31 | $270.75M | 26.22% |
| 2023-12-31 | $214.51M | -15.87% |
| 2023-09-30 | $254.98M | 31.40% |
| 2023-06-30 | $194.04M | 48.01% |
| 2023-03-31 | $131.10M | -34.76% |
| 2022-12-31 | $200.94M | -24.55% |
| 2022-09-30 | $266.31M | 29.15% |
| 2022-06-30 | $206.19M | 19.19% |
| 2022-03-31 | $172.99M | -0.19% |
| 2021-12-31 | $173.33M | -32.49% |
| 2021-09-30 | $256.72M | 20.46% |
| 2021-06-30 | $213.12M | 44.26% |
| 2021-03-31 | $147.74M | -21.90% |
| 2020-12-31 | $189.15M | -37.80% |
| 2020-09-30 | $304.11M | 73.30% |
| 2020-06-30 | $175.48M | 39.76% |
| 2020-03-31 | $125.56M | -29.01% |
| 2019-12-31 | $176.88M | -23.94% |
| 2019-09-30 | $232.54M | 29.89% |
| 2019-06-30 | $179.03M | 41.96% |
| 2019-03-31 | $126.11M | -24.67% |
| 2018-12-31 | $167.42M | -23.55% |
| 2018-09-30 | $218.98M | 26.85% |
| 2018-06-30 | $172.63M | 30.54% |
| 2018-03-31 | $132.25M | -18.36% |
| 2017-12-31 | $161.99M | -23.49% |
| 2017-09-30 | $211.73M | 23.72% |
| 2017-06-30 | $171.13M | 40.23% |
| 2017-03-31 | $122.04M | -19.14% |
| 2016-12-31 | $150.93M | -18.09% |
| 2016-09-30 | $184.27M | 20.88% |
| 2016-06-30 | $152.44M | 25.24% |
| 2016-03-31 | $121.73M | -12.06% |
| 2015-12-31 | $138.43M | -24.58% |
| 2015-09-30 | $183.54M | 27.10% |
| 2015-06-30 | $144.41M | 18.39% |
| 2015-03-31 | $121.98M | -11.21% |
| 2014-12-31 | $137.38M | -28.14% |
| 2014-09-30 | $191.18M | 20.68% |
| 2014-06-30 | $158.42M | 43.34% |
| 2014-03-31 | $110.52M | -17.34% |
| 2013-12-31 | $133.70M | -27.50% |
| 2013-09-30 | $184.40M | 19.31% |
| 2013-06-30 | $154.56M | 38.68% |
| 2013-03-31 | $111.44M | -8.30% |
| 2012-12-31 | $121.53M | -31.78% |
| 2012-09-30 | $178.13M | 24.09% |
| 2012-06-30 | $143.55M | 22.96% |
| 2012-03-31 | $116.75M | 13.33% |
| 2011-12-31 | $103.01M | -39.14% |
| 2011-09-30 | $169.25M | 28.81% |
| 2011-06-30 | $131.40M | 33.88% |
| 2011-03-31 | $98.15M | -6.93% |
| 2010-12-31 | $105.46M | -27.94% |
| 2010-09-30 | $146.35M | 23.69% |
| 2010-06-30 | $118.32M | 31.07% |
| 2010-03-31 | $90.27M | -15.57% |
| 2009-12-31 | $106.92M | -23.17% |
| 2009-09-30 | $139.17M | 19.29% |
| 2009-06-30 | $116.67M | 34.70% |
| 2009-03-31 | $86.61M | -13.48% |
| 2008-12-31 | $100.11M | -23.99% |
| 2008-09-30 | $131.70M | 24.74% |
| 2008-06-30 | $105.58M | 44.79% |
| 2008-03-31 | $72.92M | -15.09% |
| 2007-12-31 | $85.88M | - |
California Water Service Group generated $244.30M in revenue during Q2 2024, up -9.77% compared to the previous quarter, and up 186.35% compared to the same period a year ago.
California Water Service Group Revenue Breakdown
California Water Service Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Operating And Maintenance | $12.50M | $16.28M | $11.48M | $12.65M | - |
| Non-Regulated Services | $18.51M | $21.28M | $22.76M | $16.92M | $19.20M |
| Industrial | $28.05M | $26.57M | $29.09M | $31.86M | - |
| Residential | $463.42M | $528.84M | $486.06M | $446.32M | - |
| Service, Other | $31.30M | $25.23M | $20.83M | $23.09M | - |
| Business | $159.05M | $144.56M | $125.82M | $129.22M | - |
| Public Authorities | $40.81M | $40.50M | $35.78M | $33.86M | - |
| Other Non-Regulated Service | $3.51M | $3.74M | $3.04M | $4.27M | - |
California Water Service Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Residential (61.21%), Business (21.01%), Public Authorities (5.39%), Service, Other (4.13%), Industrial (3.71%), Non-Regulated Services (2.44%), Operating And Maintenance (1.65%), and Other Non-Regulated Service (0.46%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Residential | $122.25M | $120.61M | $150.03M | $108.74M | $84.03M | $140.59M | $132.83M | $106.56M | $128.19M | $164.31M | $134.97M | $101.37M | $125.13M | $151.94M | $116.45M | $92.54M | $115.58M | $139.14M | $107.35M | - |
| Service, Other | $26.43M | - | $14.13M | $16.25M | $2.16M | $14.79M | $9.35M | $7.45M | $-14.26M | $9.12M | $25.38M | $4.99M | $-6.40M | $13.23M | $13.18M | $821.00K | $-2.14M | $16.02M | $9.21M | - |
| Business | $41.91M | $41.52M | $47.71M | $37.85M | $31.97M | $44.03M | $39.28M | $32.16M | $37.66M | $43.45M | $35.73M | $27.72M | $32.64M | $36.95M | $28.53M | $27.69M | $33.79M | $38.25M | $31.71M | - |
| Industrial | $7.12M | $8.38M | $8.16M | $5.87M | $5.63M | $8.09M | $6.31M | $5.77M | $7.16M | $7.35M | $6.02M | $6.04M | $7.09M | $7.50M | $6.62M | $7.88M | $7.99M | $9.08M | $7.52M | - |
| Non-Regulated Services | $5.51M | $4.87M | $4.54M | $4.49M | $4.62M | $4.50M | $4.57M | $7.00M | $5.20M | $6.00M | $5.81M | $5.37M | $5.57M | $4.95M | $3.93M | $4.21M | $3.83M | $5.06M | $4.12M | $5.13M |
| Operating And Maintenance | $3.19M | $3.27M | $2.92M | $3.08M | $3.23M | $3.18M | $3.23M | $3.40M | $4.15M | $4.11M | $3.92M | $4.09M | $3.51M | $2.68M | $2.79M | $2.50M | $3.41M | $2.93M | $3.27M | - |
| Other Non-Regulated Service | $1.72M | $952.00K | $972.00K | $800.00K | $782.00K | $720.00K | $3.08M | $1.15M | $1.19M | $894.00K | $796.00K | $860.00K | $820.00K | $625.00K | $834.00K | $765.00K | $1.08M | $626.00K | $1.27M | - |
| Public Authorities | $10.92M | $10.87M | $14.52M | $8.99M | $6.42M | $13.44M | $10.88M | $6.99M | $9.62M | $14.13M | $10.36M | $6.40M | $9.31M | $12.86M | $7.71M | $5.90M | $9.30M | $12.48M | $7.61M | - |
| Regulated Water and WasteWater Services | - | - | - | - | - | - | - | - | - | - | $238.35M | $212.46M | $146.53M | $222.47M | $172.50M | $134.83M | $214.96M | $167.47M | - | - |
California Water Service Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Residential (55.81%), Business (19.13%), Service, Other (12.07%), Public Authorities (4.98%), Industrial (3.25%), Non-Regulated Services (2.52%), Operating And Maintenance (1.46%), and Other Non-Regulated Service (0.79%).
California Water Service Group Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business | $37.85M | $31.97M | $44.03M | $39.28M | $32.16M | $37.66M | $43.45M | $35.73M | $27.72M | $32.64M | $36.95M | $28.53M | $27.69M | $33.79M | $38.25M | $31.71M | $25.48M | $32.32M | $38.54M | - |
| Service, Other | $16.25M | $2.16M | $14.79M | $9.35M | $7.45M | $-14.26M | $9.12M | $25.38M | $4.99M | $-6.40M | $13.23M | $13.18M | $821.00K | $-2.14M | $16.02M | $9.21M | $-1.47M | $10.90M | - | - |
| Public Authorities | $8.99M | $6.42M | $13.44M | $10.88M | $6.99M | $9.62M | $14.13M | $10.36M | $6.40M | $9.31M | $12.86M | $7.71M | $5.90M | $9.30M | $12.48M | $7.61M | $4.47M | $8.64M | $12.18M | - |
| Other Non-Regulated Service | $800.00K | $782.00K | $720.00K | $3.08M | $1.15M | $1.19M | $894.00K | $796.00K | $860.00K | $820.00K | $625.00K | $834.00K | $765.00K | $1.08M | $626.00K | $1.27M | $1.30M | $1.49M | $1.33M | - |
| Operating And Maintenance | $3.08M | $3.23M | $3.18M | $3.23M | $3.40M | $4.15M | $4.11M | $3.92M | $4.09M | $3.51M | $2.68M | $2.79M | $2.50M | $3.41M | $2.93M | $3.27M | $3.05M | $1.98M | $2.82M | - |
| Residential | $108.74M | $84.03M | $140.59M | $132.83M | $106.56M | $128.19M | $164.31M | $134.97M | $101.37M | $125.13M | $151.94M | $116.45M | $92.54M | $115.58M | $139.14M | $107.35M | $84.26M | $109.95M | $138.94M | - |
| Non-Regulated Services | $4.49M | $4.62M | $4.50M | $4.57M | $7.00M | $5.20M | $6.00M | $5.81M | $5.37M | $5.57M | $4.95M | $3.93M | $4.21M | $3.83M | $5.06M | $4.12M | $5.13M | $4.90M | $4.30M | $4.70M |
| Industrial | $5.87M | $5.63M | $8.09M | $6.31M | $5.77M | $7.16M | $7.35M | $6.02M | $6.04M | $7.09M | $7.50M | $6.62M | $7.88M | $7.99M | $9.08M | $7.52M | $7.26M | $9.73M | $8.99M | - |
| Regulated Water and WasteWater Services | - | - | - | - | - | - | - | $238.35M | $212.46M | $146.53M | $222.47M | $172.50M | $134.83M | $214.96M | $167.47M | $117.41M | $159.17M | $209.54M | - | - |
California Water Service Group's latest quarterly revenue breakdown by geography, as of Jun 23: Residential (58.44%), Business (20.34%), Service, Other (8.73%), Public Authorities (4.83%), Industrial (3.16%), Non-Regulated Services (2.41%), Operating And Maintenance (1.65%), and Other Non-Regulated Service (0.43%).
California Water Service Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AWK | American Water Works Company | $4.23B | $1.15B |
| WTRG | Essential Utilities | $2.05B | $434.41M |
| CWT | California Water Service Group | $794.63M | $244.30M |
| SJW | SJW Group | $670.36M | $176.17M |
| AWR | American States Water Company | $595.70M | $155.33M |
| CWCO | Consolidated Water | $180.21M | $32.48M |
| MSEX | Middlesex Water Company | $166.27M | $49.15M |
| ARTNA | Artesian Resources | $98.86M | $27.42M |
| YORW | York Water Company | $71.03M | $18.75M |
| GWRS | Global Water Resources | $53.03M | $11.61M |
CWT Revenue FAQ
What is California Water Service Group’s yearly revenue?
California Water Service Group's yearly revenue for 2023 was $794.63M, representing a decrease of -6.12% compared to 2022. The company's yearly revenue for 2022 was $846.43M, representing an increase of 7.02% compared to 2021. CWT's yearly revenue for 2021 was $790.91M, representing a decrease of -0.43% compared to 2020.
What is California Water Service Group’s quarterly revenue?
California Water Service Group's quarterly revenue for Q2 2024 was $244.3M, a -9.77% decrease from the previous quarter (Q1 2024), and a 25.90% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $270.75M, a 26.22% increase from the previous quarter (Q4 2023), and a 106.52% increase year-over-year (Q1 2023). CWT's quarterly revenue for Q4 2023 was $214.51M, a -15.87% decrease from the previous quarter (Q3 2023), and a 6.76% increase year-over-year (Q4 2022).
What is California Water Service Group’s revenue growth rate?
California Water Service Group's revenue growth rate for the last 3 years (2021-2023) was 0.47%, and for the last 5 years (2019-2023) was 11.21%.
What are California Water Service Group’s revenue streams?
California Water Service Group's revenue streams in c 23 are Operating And Maintenance, Non-Regulated Services, Industrial, Residential, Service, Other, Business, Public Authorities, and Other Non-Regulated Service. Operating And Maintenance generated $12.5M in revenue, accounting 1.65% of the company's total revenue, down -23.21% year-over-year. Non-Regulated Services generated $18.51M in revenue, accounting 2.44% of the company's total revenue, down -13.01% year-over-year. Industrial generated $28.06M in revenue, accounting 3.71% of the company's total revenue, up 5.59% year-over-year. Residential generated $463.42M in revenue, accounting 61.21% of the company's total revenue, down -12.37% year-over-year. Service, Other generated $31.3M in revenue, accounting 4.13% of the company's total revenue, up 24.07% year-over-year. Business generated $159.05M in revenue, accounting 21.01% of the company's total revenue, up 10.02% year-over-year. Public Authorities generated $40.81M in revenue, accounting 5.39% of the company's total revenue, up 0.77% year-over-year. Other Non-Regulated Service generated $3.51M in revenue, accounting 0.46% of the company's total revenue, down -6.28% year-over-year.
What is California Water Service Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of California Water Service Group was Residential. This segment made a revenue of $463.42M, representing 61.21% of the company's total revenue.