California Water Service Group CWT Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$46.35 up $0.30, 0.65% at close Oct 16
Last close · Previous close $46.05
- Market cap
- At the Oct 16 close
- P/E ratio
- 20.88On last 12 months’ EPS
- Diluted EPS
- $2.22Last 12 months
- Dividend yield
- 2.82%Last 12 months
Price chart
$46.35up $0.30, 0.65%Fri, Oct 16 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$46.05Oct 15
- Volume518.22KOct 16 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume445.89KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $41.29 to $53.82; now $46.35
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Oct 16 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
CWT trailed the S&P 500 in all 7 periods.
| Period | CWT and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | CWT: down 3.5% S&P 500: up 1.5% | CWT trailed the S&P 500 by 5.0 percentage points Trailed |
| 3M | CWT: down 9.1% S&P 500: up 1.9% | CWT trailed the S&P 500 by 11.0 percentage points Trailed |
| YTD | CWT: up 9.4% S&P 500: up 12.8% | CWT trailed the S&P 500 by 3.4 percentage points Trailed |
| 1Y | CWT: down 1.4% S&P 500: up 16.8% | CWT trailed the S&P 500 by 18.2 percentage points Trailed |
| Long term | ||
| 3Y | CWT: up 1.4% S&P 500: up 81.5% +0.5% vs +22.0% a year | CWT trailed the S&P 500 by 80.1 percentage points Trailed |
| 5Y | CWT: down 15.1% S&P 500: up 83.1% −3.2% vs +12.9% a year | CWT trailed the S&P 500 by 98.2 percentage points Trailed |
| 10Y | CWT: up 75.6% S&P 500: up 319.6% +5.8% vs +15.4% a year | CWT trailed the S&P 500 by 244.0 percentage points Trailed |
$10,000 invested in CWT 10 years ago (Oct 14, 2016) would be worth about $17,556 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,964.
CWT trailed the S&P 500 in all 7 periods.
| Period | CWT and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | CWT: down 3.5% S&P 500: up 1.2% | CWT trailed the S&P 500 by 4.7 percentage points Trailed |
| 3M | CWT: down 9.7% S&P 500: up 1.7% | CWT trailed the S&P 500 by 11.4 percentage points Trailed |
| YTD | CWT: up 7.0% S&P 500: up 11.9% | CWT trailed the S&P 500 by 4.9 percentage points Trailed |
| 1Y | CWT: down 4.2% S&P 500: up 15.5% | CWT trailed the S&P 500 by 19.7 percentage points Trailed |
| Long term | ||
| 3Y | CWT: down 6.0% S&P 500: up 75.0% −2.1% vs +20.5% a year | CWT trailed the S&P 500 by 81.0 percentage points Trailed |
| 5Y | CWT: down 24.0% S&P 500: up 71.2% −5.3% vs +11.4% a year | CWT trailed the S&P 500 by 95.2 percentage points Trailed |
| 10Y | CWT: up 43.9% S&P 500: up 258.1% +3.7% vs +13.6% a year | CWT trailed the S&P 500 by 214.2 percentage points Trailed |
$10,000 invested in CWT 10 years ago (Oct 14, 2016) would be worth about $14,390 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,813.
All-time high
$71.87
Closing high on . Now 35.5% below that record.
Split-adjusted daily closes since Mar 26, 1990.
Stock splits
2
Latest: 2-for-1 on . One share bought before the first split is 4 shares today.
Both splits
- 2-for-1
- 2-for-1
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $1.05Bup 6.4%
- Net income
- $133.21Mdown 1.9%
- Diluted EPS
- $2.22down 2.6%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $299.56M | $60.68M | $1.03 |
| Q4 FY24 (Dec 31, 2024) | $222.20M | $19.66M | $0.32 |
| Q1 FY25 (Mar 31, 2025) | $203.97M | $13.33M | $0.22 |
| Q2 FY25 (Jun 30, 2025) | $264.95M | $42.17M | $0.71 |
| Q3 FY25 (Sep 30, 2025) | $311.24M | $61.23M | $1.03 |
| Q4 FY25 (Dec 31, 2025) | $219.98M | $11.48M | $0.19 |
| Q1 FY26 (Mar 31, 2026) | $214.57M | $4.04M | $0.07 |
| Q2 FY26 (Jun 30, 2026) | $308.60M | $56.47M | $0.93 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $790.91M | $101.13M | $1.96 |
| FY22 (Dec 31, 2022) | $846.43M | $96.01M | $1.77 |
| FY23 (Dec 31, 2023) | $794.63M | $51.91M | $0.91 |
| FY24 (Dec 31, 2024) | $1.04B | $190.81M | $3.25 |
| FY25 (Dec 31, 2025) | $1.00B | $128.21M | $2.15 |
Margins
- Gross 46.3%
- Operating 19.2%
- Net 12.6%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- −$235.73MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$328.18MLast 12 months
- Capital spending$563.91MLast 12 months
- −22.4%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $97.11MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$75.79MLast 12 months
- Total returned$75.79MLast 12 months
Balance sheet
- $89.14MAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$1.68BAs of Jun 30, 2026
- Net debt$1.59BAs of Jun 30, 2026
- 0.70As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.93As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 4 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✗Return on assets improved: not passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✓Current ratio improved: passed
- ✗Share count didn’t rise: not passed
- ✗Gross margin improved: not passed
- ✗Asset turnover (revenue ÷ assets) improved: not passed
- 7.7%Last 12 months
Over the last 12 months, California Water Service Group’s net income was 7.7% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 2.3%Last 12 months
Over the last 12 months, California Water Service Group’s net income was 2.3% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.69 |
| 2017 | $0.72 |
| 2018 | $0.75 |
| 2019 | $0.79 |
| 2020 | $0.85 |
| 2021 | $0.92 |
| 2022 | $1.00 |
| 2023 | $1.04 |
| 2024 | $1.12 |
| 2025 | $1.24 |
| 2026 (to date) | $1.01 |
Dividend details
- $1.31Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield2.82%Last 12 months
- $0.34Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- up 7.8% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 24 yearsThrough 2025
How many calendar years in a row the full-year amount has risen, through 2025.
- 58.8%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About California Water Service Group
California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2.1 million people in California, Hawaii, New Mexico, Washington, and Texas.
- Sector
- Utilities
- Industry
- Utilities - Regulated Water
- Headquarters
- California, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
CWT news
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CWT stock FAQ
What is CWT stock’s price today?
California Water Service Group (CWT) traded at $46.35 at the close on , up $0.30 (0.65%) from the previous close of $46.05. Over the past 52 weeks it has traded between $41.29 and $53.82.
If you invested $1,000 in CWT 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in CWT on would be worth about $1,756 at the close on , a total return of +75.6%. The same $1,000 would be worth $849 if invested five years ago, $986 if invested one year ago, $4,084 if invested 20 years ago, and $12,776 if invested 30 years ago. Past performance doesn’t predict future returns.
What is CWT’s P/E ratio?
CWT trades at 20.9 times its diluted earnings over the four quarters to ($2.22 per share), at the close. (How the P/E ratio works.)
How much revenue does California Water Service Group make?
California Water Service Group reported $1.1 billion of revenue over the four quarters to , up 6.4% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $308.6 million, up 16.5% from a year earlier.
Is California Water Service Group profitable?
Yes. California Water Service Group earned $133.2 million of net income over the four quarters to , a net margin of 12.6%, and its operating margin was 19.2% (what margins tell you).
What are CWT’s earnings per share?
CWT’s diluted earnings per share were $2.22 over the four quarters to , compared with $2.28 in the twelve months before. The latest quarter (Q2 FY26) brought $0.93 per share, against $0.71 a year earlier (how EPS works).
Does CWT pay a dividend?
Yes. California Water Service Group pays a quarterly dividend. The most recent was $0.34 per share, with an ex-dividend date of . Over the last twelve months it paid $1.31 per share, a 2.82% yield at the close, and the full-year dividend has risen 24 years in a row (how dividend yield works).
Based on the last 12 months’ payments ($1.31 per share), and if the next 12 months match the last 12, 100 shares would receive about $131 over 12 months, and $1,000 over 12 months would take about 767 shares, roughly $35,550 at the close. Dividends can change.
What is CWT’s 52-week high and low?
Over the past 52 weeks CWT has traded as low as $41.29 and as high as $53.82. At $46.35 at the close on , it is 13.9% below that high and 12.3% above the low.
What is CWT’s all-time high?
CWT’s highest closing price was $71.87 on , adjusted for stock splits. At $46.35 at the close on , it is 35.5% below that record.
Has CWT stock ever split?
Yes, twice: 2-for-1 on ; 2-for-1 on . One share bought before the first split would be 4 shares today.
How has CWT stock performed?
Including dividends and measured to the close on , CWT has returned +9.4% so far this year and −1.4% over the past year, and −15.1% over five years (−3.2% a year). Over the same periods the S&P 500, measured by SPY, returned +12.8%, +16.8% and +83.1%. Past performance doesn’t predict future returns.
What sector and industry is California Water Service Group in?
California Water Service Group is in the Utilities sector and the Utilities - Regulated Water industry, and is headquartered in California, USA.
What exchange does CWT trade on?
California Water Service Group trades on the NYSE under the ticker symbol CWT. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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