California Water Service Group (CWT)
California Water Service Group brought in $1B of revenue over the twelve months to September 30, 2026, up 4.8% from a year earlier. Net income was $137.4M, a net margin of 13.5%. At September 30, 2026 it held $45.1M in cash against $316K of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 29, 2026.
Key facts about California Water Service Group
- Net worth
- California Water Service Group has a market value (market cap) of $3.1B at the latest share price, and shareholders' equity of $1.9B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $963.7M (+6.4% year on year), with net income of $128.2M. Over the 12 months to September 30, 2026: revenue $1B, net income $137.4M.
- Cash flow
- In fiscal 2025 operations brought in $302.6M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 29, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- California Water Service Group's next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- California Water Service Group paid dividends of $1.24 per share in fiscal 2025, a yield of 2.48% at the current price.
What California Water Service Group does
California Water Service Group is registered with the SEC under industry code SIC 4941 (Water Supply). Its shares trade on NYSE under the ticker CWT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $963.7M | $128.2M | $2.15 | n/a |
| 2024 | $905.6M | $190.8M | $3.25 | n/a |
| 2023 | $790.3M | $51.9M | $0.91 | n/a |
| 2022 | $772.6M | $96M | $1.77 | n/a |
| 2021 | $765.7M | $101.1M | $1.96 | n/a |
| 2020 | $697.6M | $96.8M | $1.97 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where CWT ranks in Utilities
Dividends
California Water Service Group paid $1.24 per share in fiscal 2025. At the current price that is a yield of 2.48%. It paid out $73.9M in cash dividends, 58% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.24 | $73.9M | 58% |
| 2024 | $1.12 | $65.5M | 34% |
| 2023 | $1.04 | $59M | 114% |
| 2022 | $1.00 | $54.2M | 56% |
| 2021 | $0.92 | $47.4M | 47% |
| 2020 | $0.85 | $41.8M | 43% |
Latest SEC filings
What California Water Service Group has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 5.4% to $331.2M versus the same quarter last year; diluted EPS $1.05 versus $1.03.
- October 29, 2026
- October 28, 2026Other event 8-K
- October 26, 2026Passive stake changed SCHEDULE 13G/A
- October 15, 2026Other event 8-K
- July 30, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 8.5% to $278M versus the same quarter last year; diluted EPS $0.93 versus $0.71.
- July 30, 2026
- July 29, 2026Other event 8-K
- July 22, 2026Passive stake changed SCHEDULE 13G/A
- May 21, 2026
Insider trades
What the people running California Water Service Group did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $581K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 6, 2026 | Krummel Thomas MDirector | Sold | 3,700 | $188K |
| November 4, 2026 | Pottenger Carol MDirector | Sold | 2,657 | $132.7K |
| November 4, 2026 | Shimansky Gregory DaleVP, Rates & Reg Affairs | Sold | 978 | $48.9K |
| September 5, 2026 | Kropelnicki Martin AChairman President & CEO | Shares withheld for tax | 493 | $24.7K |
| September 5, 2026 | Lynch James PatrickSVP CFO and Treasurer | Shares withheld for tax | 48 | $2.4K |
| September 5, 2026 | Luu Michael BSVP Corp Svce & Chief Risk Of | Shares withheld for tax | 68 | $3.4K |
| September 5, 2026 | Mortensen Michelle RVP Corp Sect, Gov & Assurance | Shares withheld for tax | 73 | $3.7K |
| September 5, 2026 | Dean Shannon CSVP, Cust Svc & Chief Sust Of | Shares withheld for tax | 72 | $3.6K |
Who owns CWT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 7.23% | April 29, 2026 |
| Amundi13G, passive with 1 related filers | 5.32% | October 26, 2026 |
| Vanguard Capital Management13G, passive | 5.28% | April 29, 2026 |
| T. Rowe Price Investment Management, Inc.13G, passive | 5% | February 14, 2025 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 344 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 10,755,498 | +446,943 |
| Vanguard Portfolio Management LLC | 4,379,671 | +89,998 |
| Amundi | 3,486,859 | +15,862 |
| State Street Corp | 3,266,850 | +164,191 |
| Vanguard Capital Management LLC | 2,690,663 | +25,438 |
| ATLAS Infrastructure Partners (UK) Ltd. | 1,984,605 | new |
| Geode Capital Management, LLC | 1,555,391 | +79,986 |
| First Trust Advisors LP | 1,300,055 | -54,110 |
| Fmr LLC | 1,281,406 | -108,608 |
| Dimensional Fund Advisors LP | 1,174,914 | +16,555 |
| Nuance Investments, LLC | 1,096,077 | -507,671 |
| Invesco Ltd. | 974,775 | -27,457 |
| Morgan Stanley | 948,112 | -170,593 |
| Legal & General Group Plc | 807,510 | +29,968 |
| ANTIPODES PARTNERS Ltd | 753,386 | new |
| Nomura Asset Management International Inc. | 747,216 | new |
| Charles Schwab Investment Management Inc | 725,290 | -3,166 |
| Northern Trust Corp | 708,763 | +71,460 |
| Aqr Capital Management LLC | 681,791 | +512,060 |
| Bank of New York Mellon Corp | 527,076 | +20,374 |
Insiders
25 insiders reported holding 442,014 shares in total, about $22.1M at the last price.
| Holder | Shares |
|---|---|
| Kropelnicki Martin AChairman President & CEO | 147,287 |
| Aliff Gregory EDirector | 26,395 |
| Luu Michael BSVP Corp Svce & Chief Risk Of | 23,744 |
| Dean Shannon CSVP, Cust Svc & Chief Sust Of | 23,613 |
| Esque Shelly MarianDirector | 18,331 |
| Snow Lester ADirector | 17,817 |
| Pottenger Carol MDirector | 16,530 |
| Krummel Thomas MDirector | 16,404 |
| Wagner Patricia KDirector | 15,214 |
| Morris Scott LDirector | 15,209 |
Questions about CWT
What does California Water Service Group do?
California Water Service Group is a company in the Utilities sector, listed on NYSE as CWT. Its shares trade on NYSE under the ticker CWT.
What is California Water Service Group's net worth?
California Water Service Group has a market value (market cap) of $3.1B at the latest share price, and shareholders' equity of $1.9B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is California Water Service Group profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $137.4M on revenue of $1B, a net margin of 13.5%.
How much revenue does California Water Service Group make?
Over the twelve months to September 30, 2026 California Water Service Group reported revenue of $1B. That is 4.8% more than a year earlier.
When did California Water Service Group last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 29, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 9, 2026.
When is California Water Service Group's next earnings report?
California Water Service Group's next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does California Water Service Group pay a dividend?
Yes. California Water Service Group paid dividends of $1.24 per share in fiscal 2025, a yield of 2.48% at the current price.
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Where the numbers come from
Financial figures are the values California Water Service Group tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.