California Water Service Group (CWT) Revenue & Revenue Breakdown

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California Water Service Group Revenue Highlights

Latest Revenue (Y)

$794.63M

Latest Revenue (Q)

$299.56M

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
2024-09-30	$299.56M	22.62%
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 $299.56M in revenue during Q3 2024, up 22.62% compared to the previous quarter, and up 154.38% 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
Business	$159.05M	$144.56M	$125.82M	$129.22M	-
Service, Other	$31.30M	$25.23M	$20.83M	$23.09M	-
Residential	$463.42M	$528.84M	$486.06M	$446.32M	-
Other Non-Regulated Service	$3.51M	$3.74M	$3.04M	$4.27M	-
Public Authorities	$40.81M	$40.50M	$35.78M	$33.86M	-
Industrial	$28.05M	$26.57M	$29.09M	$31.86M	-
Non-Regulated Services	$18.51M	$21.28M	$22.76M	$16.92M	$19.20M
Operating And Maintenance	$12.50M	$16.28M	$11.48M	$12.65M	-

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	Sep 24	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
Industrial	$9.64M	$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	-
Business	$56.23M	$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	-
Public Authorities	$18.14M	$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	-
Residential	$184.95M	$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	-
Service, Other	$15.48M	$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	-
Other Non-Regulated Service	$143.00K	$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	-
Operating And Maintenance	$3.38M	$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	-
Non-Regulated Services	$4.13M	$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
Regulated Water and WasteWater Services	-	-	-	-	-	-	-	-	-	-	-	$238.35M	$212.46M	$146.53M	$222.47M	$172.50M	$134.83M	$214.96M	-	-

California Water Service Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Residential (63.32%), Business (19.25%), Public Authorities (6.21%), Service, Other (5.30%), Industrial (3.30%), Non-Regulated Services (1.41%), Operating And Maintenance (1.16%), and Other Non-Regulated Service (0.05%).

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	-
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	-
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
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	-
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	-
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	-
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	-
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	-	-
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	$1.32B
WTRG	Essential Utilities	$2.05B	$435.25M
CWT	California Water Service Group	$794.63M	$299.56M
SJW	SJW Group	$670.36M	$247.34M
AWR	American States Water Company	$595.70M	$161.78M
CWCO	Consolidated Water	$180.21M	$33.39M
MSEX	Middlesex Water Company	$166.27M	$55.10M
ARTNA	Artesian Resources	$98.86M	$29.14M
YORW	York Water Company	$71.03M	$18.75M
GWRS	Global Water Resources	$53.03M	$14.32M

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 Q3 2024 was $299.56M, a 22.62% increase from the previous quarter (Q2 2024), and a 17.49% increase year-over-year (Q3 2023). The company'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). CWT'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).

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 Business, Service, Other, Residential, Other Non-Regulated Service, Public Authorities, Industrial, Non-Regulated Services, and Operating And Maintenance. Business generated $159.05M in revenue, accounting 21.01% of the company's total revenue, up 10.02% 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. Residential generated $463.42M in revenue, accounting 61.21% of the company's total revenue, down -12.37% 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. Public Authorities generated $40.81M in revenue, accounting 5.39% of the company's total revenue, up 0.77% year-over-year. Industrial generated $28.06M in revenue, accounting 3.71% of the company's total revenue, up 5.59% 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. Operating And Maintenance generated $12.5M in revenue, accounting 1.65% of the company's total revenue, down -23.21% 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.