California Water Service Group (CWT) — Financial statements
Income statement, balance sheet, and cash flow for California Water Service Group — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,000↓3.5% | 1,037↑30.5% | 795↓6.1% | 846↑7.0% | 791 | |
| Cost of Revenue | 633↑1226.7% | 48↓88.9% | 431↑36.4% | 316↑2.9% | 307 | |
| Gross Profit | 367↓62.9% | 989↑172.2% | 363↓31.5% | 530↑9.6% | 484 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 142↑1.5% | 140↓1.9% | 142↑7.2% | 133↑4.6% | 127 | |
| Selling & Marketing Expenses | 0.00 | 0.00↑100.0% | -0.03 | 0.00 | 0.00 | |
| SG&A Expenses | 142↑1.5% | 140↓1.9% | 142↑7.1% | 133↑4.6% | 127 | |
| Other Expenses | 44↓92.9% | 625↑333.7% | 144↓46.7% | 270↑17.3% | 230 | |
| Operating Expenses | 186↓75.7% | 764↑166.9% | 286↓28.9% | 403↑12.8% | 357 | |
| Total Costs & Expenses | 819↑0.8% | 812↑13.1% | 717↓0.2% | 719↑8.2% | 664 | |
| Operating Results | ||||||
| Operating Income | 182↓19.3% | 225↑191.8% | 77↓39.6% | 128↑0.7% | 127 | |
| Depreciation & Amortization | 144↑7.6% | 134↑8.9% | 123↑4.9% | 117↑5.2% | 112 | |
| EBITDA | 358↓15.6% | 424↑95.0% | 218↓17.4% | 263↑1.3% | 260 | |
| EBIT | 214↓26.4% | 290↑207.3% | 94↓35.3% | 146↓1.6% | 148 | |
| Interest & Other Income | ||||||
| Net Interest Income | -67↓18.5% | -56↓13.7% | -50↓12.1% | -44↓2.6% | -43 | |
| Interest Income | 0.00↓100.0% | 1↑315.8% | 0.30↑71.2% | 0.18↑3.5% | 0.17 | |
| Interest Expense | 67↑15.9% | 58↑15.5% | 50↑12.4% | 44↑2.6% | 43 | |
| Non-Operating Income | -32↑50.7% | -65↓276.6% | -17↑5.7% | -18↑14.9% | -22 | |
| Other Income / Expenses | -35↓560.5% | 8↑123.1% | -33↓25.0% | -26↓19.9% | -22 | |
| Income Before Tax | 147↓36.8% | 233↑421.5% | 45↓56.1% | 102↓3.3% | 105 | |
| Income Tax Expense | 19↓55.0% | 42↑726.6% | -7↓206.4% | 6↑55.8% | 4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 128↓32.7% | 190↑270.0% | 51↓46.1% | 95↓5.7% | 101 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 128↓32.8% | 191↑267.6% | 52↓45.9% | 96↓5.1% | 101 | |
| Bottom-Line Net Income | 128↓32.8% | 191↑267.6% | 52↓45.9% | 96↓5.1% | 101 | |
| EPS (Basic) | 2.15↓34.0% | 3.26↑258.2% | 0.91↓48.6% | 1.77↓9.7% | 1.96 | |
| EPS (Diluted) | 2.15↓33.8% | 3.25↑257.1% | 0.91↓48.6% | 1.77↓9.7% | 1.96 | |
| Weighted Average Shares | 60↑1.6% | 59↑2.9% | 57↑4.8% | 54↑5.2% | 52 | |
| Weighted Average Diluted Shares | 60↑1.7% | 59↑2.9% | 57↑4.8% | 54↑5.3% | 52 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.