California Water Service Group Financial Statements
NYSE: CWTUtilitiesWater SupplyUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
California Water Service Group revenue and earnings
In fiscal 2025, California Water Service Group generated $963.7 million in revenue, up 6.4% from fiscal 2024, its 6th consecutive year of revenue growth. Net income was $128.2 million (-32.8% year over year), for a net margin of 13.3% versus a median of 13.2% in the prior 5 years. Operating margin was 17.7%.
Diluted earnings per share came in at $2.15, down from $3.25. Over the last 5 fiscal years, CWT's revenue has grown at a 6.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
California Water Service Group income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 963.70M | 905.62M | 790.33M | 772.62M | 765.70M | 697.58M | 664.36M | 674.74M | 622.47M | 589.53M |
| Revenue growth (YoY) | +6.41% | +14.59% | +2.29% | +0.90% | +9.77% | +5.00% | -1.54% | +8.40% | +5.59% | — |
| Operating Income | 170.37M | 225.05M | 77.14M | 127.66M | 126.77M | 136.67M | 99.41M | 110.54M | 107.08M | 82.64M |
| Interest Expense | 70.39M | 60.70M | 52.81M | 46.69M | 44.98M | 45.05M | 44.89M | 39.92M | 36.29M | 33.47M |
| Other Income (Expense) | 24.18M | 22.58M | 24.06M | 11.95M | 17.42M | 2.03M | 4.92M | -7.10M | -215.00K | -3.46M |
| Income Tax | 19.11M | 42.49M | -6.78M | 6.38M | 4.09M | 12.02M | 17.67M | 15.87M | 36.83M | 26.82M |
| Net Income | 128.21M | 190.81M | 51.91M | 96.01M | 101.13M | 96.83M | 63.12M | 65.58M | 72.94M | 48.67M |
| Net Income growth (YoY) | -32.81% | +267.57% | -45.93% | -5.06% | +4.43% | +53.42% | -3.76% | -10.09% | +49.85% | +8.13% |
| EPS (Basic) | 2.15 | 3.26 | 0.91 | 1.77 | 1.96 | 1.97 | 1.31 | 1.36 | 1.52 | 1.02 |
| EPS (Diluted) | 2.15 | 3.25 | 0.91 | 1.77 | 1.96 | 1.97 | 1.31 | 1.36 | 1.52 | 1.01 |
| Shares Outstanding (Basic) | 59.57M | 58.61M | 56.95M | 54.32M | 51.63M | 49.27M | 48.17M | 48.06M | 48.01M | 47.95M |
| Shares Outstanding (Diluted) | 59.63M | 58.65M | 56.98M | 54.36M | 51.63M | 49.27M | 48.17M | 48.06M | 48.01M | 47.96M |
| EBITDA | 316.89M | 359.19M | 200.26M | 245.02M | 238.35M | 237.60M | 190.70M | 196.25M | 185.68M | 147.84M |
| Operating Margin | 17.68% | 24.85% | 9.76% | 16.52% | 16.56% | 19.59% | 14.96% | 16.38% | 17.20% | 14.02% |
| Net Margin | 13.30% | 21.07% | 6.57% | 12.43% | 13.21% | 13.88% | 9.50% | 9.72% | 11.72% | 8.26% |
This table shows 10 annual periods of California Water Service Group's income statement, from FY 2025 back to FY 2016, across 13 line items including revenue, operating income, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow CWT's reporting calendar. What is a income statement?