California Water Service Group

California Water Service Group

CWTยทNYSE

$45.24

+1.1%
UtilitiesRegulated Water

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.

At a Glance

Live Snapshot
Market Cap$2.71B
EPS2.1500
P/E Ratio21.04
Earnings Date07/30/2026
3Y+24.0%
5Y+157.0%
10Y+89.0%
3Y+55.0%
5Y+50.0%
10Y+125.0%
3Y+128.0%
5Y-5.0%
10Y+150.0%
CWT

California Water Service Group Cash Conversion Engine

CWT ยท NYSE
Net Income127.85M
Depreciation & Amortization146.52M
Stock-Based Compensation4.98M
Change in Working Capital-3.68M
Others-11.32M
Capital Expenditures-516.99M
Free Cash Flow-214.43M

Cash Flow Quality Analysis

FCF Conversion Rate

-167.7%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

170.9%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-19.2%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$3.68M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

California Water Service Group Cash Flow Statement

CWT โ€ข NYSE

California Water Service Group Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
127.8M
190.1M
51.9M
95.3M
101M
96.8M
63.1M
65.6M
67.2M
48.7M
45M
56.7M
47.3M
48.8M
37.7M
37.7M
40.6M
39.8M
31.2M
25.6M
146.5M
134.1M
123.1M
117.4M
111.6M
100.9M
91.3M
85.7M
78.6M
65.2M
63.2M
63.3M
60.3M
56.9M
52M
45.3M
41.6M
39.5M
33.6M
30.7M
38.2M
40.4M
35.6M
26.9M
25.2M
34.4M
15.3M
20.9M
21.1M
26.8M
24.4M
34.1M
9.8M
34.1M
0.0
0.0
0.0
10.7M
-262K
3.2M
5M
3.7M
3M
5.2M
6.8M
4.6M
6.7M
3.1M
3.1M
2.8M
2.6M
2.2M
1.8M
1.4M
0.0
0.0
0.0
0.0
0.0
0.0
-11.3M
48.9M
-11.3M
21.3M
-6.2M
-8.9M
-10.4M
-161K
-5.3M
3.2M
728K
-248K
-797K
-1.4M
8.2M
2M
-9K
4.4M
31.7M
665K
(0.0)
(27M)
(0.0)
(0.0)
(3.7M)
(4.7M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(7.7M)
(0.0)
(10.5M)
(9.8M)
(14M)
(22.6M)
(30.2M)
(5.5M)
-3.7M
-126.5M
15.4M
-22.2M
-6.7M
-110M
2.7M
3.8M
-16.9M
12.9M
8.7M
-28M
5.8M
-6.4M
13.4M
-9.5M
-9.8M
1.4M
-12.6M
1.2M
302.6M
290.9M
217.8M
243.8M
231.7M
117.9M
168.8M
179M
147.8M
159.7M
144.6M
128.1M
124.2M
131.9M
111.3M
75.5M
72.4M
95.7M
50.1M
61M
INVESTING ACTIVITIES
-517M
-470.8M
-383.7M
-327.8M
-293.2M
-298.7M
-273.8M
-271.7M
-259.2M
-228.9M
-176.8M
-132M
-123M
-127.7M
-118.5M
-123.9M
-110.6M
-107.8M
-101.3M
-114.4M
(0.0)
-1.6M
-175K
(0.0)
-6.5M
-40.5M
(0.0)
(1.5M)
(4.7M)
(2.8M)
(319K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-24.9M
-1.5M
-509K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-4.6M
-2.2M
-4.9M
-5.6M
-2.9M
-2M
-3.2M
-3.3M
-3.3M
-1.7M
-1.9M
-1.8M
(0.0)
(0.0)
(0.0)
0.0
0.0
0.0
0.0
1M
0.0
0.0
3.5M
1.6M
495K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-3.1M
-2.5M
-5.5M
-7.8M
-2.2M
-2.3M
28K
-1.4M
51.9M
-2.3M
607K
453K
1.1M
2M
-3M
3.2M
-2.3M
32.9M
2.5M
353K
-520.1M
-474.9M
-389.4M
-335.5M
-300.9M
-346.1M
-276M
-273.1M
-206.7M
-230.8M
-178.3M
-134.8M
-125.2M
-128.9M
-123.3M
-122.6M
-114.7M
-99.9M
-100.3M
-114.6M
FINANCING ACTIVITIES
2.6M
87.6M
113.3M
104.7M
196M
81.9M
17.9M
-1.6M
-1.5M
-744K
-338K
0.0
110.7M
0.0
965K
912K
614K
-3.7M
372K
79.5M
222.3M
148.9M
106M
29.6M
-61.4M
172.8M
102.6M
72.9M
151.2M
43M
45.6M
24.1M
-47.2M
35.4M
20.6M
104.2M
62.2M
39.3M
-1.7M
18M
-73.9M
-65.5M
-59M
-54.2M
-47.4M
-41.8M
-38M
-36M
-34.6M
-33.1M
-32.1M
-31.1M
-29.6M
-26.4M
-25.7M
-24.8M
-24.5M
-24.3M
-24.1M
-22M
-1.4M
-1.4M
-1.8M
-2M
-1.8M
-1.7M
-2.5M
-1.6M
-1.5M
-744K
-338K
(7.1M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-3.7M
(0.0)
(0.0)
68.2M
23.7M
126.4M
122.7M
17.5M
100.7M
40.6M
11.3M
13M
78.6M
9.6M
5.7M
-44.1M
-431K
1M
-875K
0.0
3.7M
22.2M
28.8M
219.3M
194.7M
171.5M
96.1M
104.7M
230M
102.7M
46.5M
128.1M
87.8M
22.9M
-1.3M
-10.3M
8.6M
-3.1M
79.5M
38.3M
11.3M
-3.3M
104.4M
CASH FLOW SUMMARY
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1K
1.7M
10.7M
-59K
4.4M
35.5M
1.8M
-4.4M
-47.6M
69.3M
16.7M
-10.8M
-7.9M
-11.3M
11.6M
-15.1M
32.4M
-4M
7.1M
-53.6M
50.8M
95.7M
85M
85M
80.7M
45.1M
43.3M
47.7M
95.3M
25.5M
8.8M
19.6M
27.5M
38.8M
27.2M
42.3M
9.9M
13.9M
6.7M
60.3M
9.5M
97.4M
95.7M
85M
85M
80.7M
45.1M
43.3M
47.7M
94.8M
25.5M
8.8M
19.6M
27.5M
38.8M
27.2M
42.3M
9.9M
13.9M
6.7M
60.3M
-214.4M
-179.9M
-165.9M
-84M
-61.5M
-180.7M
-105M
-92.7M
-111.4M
-69.2M
-32.2M
-3.9M
1.2M
4.2M
-7.3M
-48.4M
-38.2M
-12.1M
-51.3M
-53.4M

SEC Filings

CWT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

May 20, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

May 01, 2026
April 30, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 30, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 29, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 08, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

March 18, 2026
March 17, 2026
2026
8-K

8-K 2026

N/A

March 05, 2026
March 02, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
Showing 1 to 10 of 507 filings