CWT
Neutral signalScored 2026-08-16 Drivers: fundamentals. Moteurs : fondamentaux.
Research, not advice.
À propos
California Water Service Group
- Nom
- California Water Service Group
- Secteur
- Utilities
- Industrie
- Regulated Water
- Bourse
- NYSE
- Capitalisation
- $3.0B
- Employés
- 1,336
- PDG
- Martin A. Kropelnicki
- Site web
- https://www.calwatergroup.com
- Marché
- AVAAWRCEPUCPKEEHTO
California Water Service Group (CWT), through its various subsidiaries, operates as a water utility, delivering essential water services and related offerings across several states, including California, Washington, New Mexico, Hawaii, and Texas. The company's operations encompass the entire water supply chain, from procuring, storing, treating, and rigorously testing water to its widespread distribution and ultimate sale. This water is utilized for a diverse array of purposes, spanning domestic consumption, industrial processes, public use, agricultural irrigation, and crucial fire protection. The group serves a substantial customer base, catering to approximately 494,500 connections across 100 communities in California. Moreover, on the Hawaiian islands of Maui and Hawaii, it manages roughly 6,200 water and wastewater customer hookups. In Washington, approximately 36,400 connections receive service in locations such as Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor. New Mexico communities like Belen, Los Lunas, Indian Hills, and Elephant Butte are served by roughly 8,600 water and wastewater connections. Beyond its core regulated utility functions, California Water Service Group provides various non-regulated, water-related services. These include the management of water systems for both municipal and private entities, the operation of recycled water distribution networks, and specialized services such as water system operation, meter reading, and billing for external companies and public bodies. Furthermore, it generates income by leasing communication antenna sites on its land to telecommunications companies, and it manages the billing of optional third-party insurance schemes for its residential clients. Laboratory services are also part of its offerings. Lastly, the organization handles wastewater collection and purification processes. Established in 1926, the company's corporate headquarters are situated in San Jose, California.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 4 200 titres (~211 455,50 $ US)
- Insiders
- Snow Lester AKrummel Thomas M
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$211,456
Avg sell (VWAP, 90d window) $50.35 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
- Last activity
- 2026-09-01
- Last synced
-
2026-09-07 10:23:47
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-01 | Snow Lester A | Sell · S | 500 | $50.21 | $25,105 | Form 4 |
| 2026-08-13 | Krummel Thomas M | Sell · S | 3,700 | $50.37 | $186,350 | Form 4 |
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Signal
Neutral signalScored 2026-08-16 Drivers: fundamentals. Moteurs : fondamentaux.
CWT presents a structurally weak financial profile — negative free cash flow, a current ratio below 1.0, and rising debt-to-EBITDA — leaving little margin of safety against near-term liquidity stress.
The first sentence of the analysis written for CWT on 2026-08-16 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Unavailable or mixed. Current ratio 0.85 · operating margin 18% — readings disagree
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 64.3% | 95.4% | 45.7% | 62.7% | 61.2% | |
| Ebit Margin | 21.4% | 28.0% | 11.9% | 17.2% | 18.7% | |
| Ebitda Margin | 36.0% | 40.9% | 27.4% | 31.1% | 32.9% | |
| Operating Profit Margin | 18.3% | 21.7% | 9.7% | 15.1% | 16.0% | |
| Pretax Profit Margin | 14.7% | 22.4% | 5.6% | 12.0% | 13.3% | |
| Continuous Operations Profit Margin | 12.8% | 18.3% | 6.5% | 11.3% | 12.8% | |
| Net Profit Margin | 12.8% | 18.4% | 6.5% | 11.3% | 12.8% | |
| Bottom Line Profit Margin | 12.8% | 18.4% | 6.5% | 11.3% | 12.8% | |
| Current Ratio | 0.848 | 0.602 | 0.688 | 1.003 | 1.105 | |
| Quick Ratio | 0.800 | 0.564 | 0.651 | 0.960 | 1.070 | |
| Solvency Ratio | 0.069 | 0.092 | 0.054 | 0.081 | 0.087 | |
| Cash Ratio | 0.124 | 0.093 | 0.197 | 0.289 | 0.288 | |
| Price To Earnings Ratio | 20.153 | 13.905 | 57.000 | 34.260 | 36.663 | |
| Price To Earnings Growth Ratio | -0.592 | 0.054 | -1.173 | -3.534 | -72.227 | |
| Forward Price To Earnings Growth Ratio | -0.592 | 0.054 | -1.173 | -3.534 | -72.227 | |
| Price To Earnings Diluted Ratio | 20.153 | 13.948 | 57.000 | 34.260 | 36.663 | |
| Price To Earnings Diluted Growth Ratio | -0.595 | 0.054 | -1.173 | -3.534 | -72.227 | |
| Price To Book Ratio | 1.526 | 1.622 | 2.071 | 2.500 | 3.181 | |
| Price To Sales Ratio | 2.581 | 2.563 | 3.718 | 3.892 | 4.691 | |
| Price To Free Cash Flow Ratio | -12.037 | -14.766 | -17.803 | -39.221 | -60.354 | |
| Price To Operating Cash Flow Ratio | 8.531 | 9.134 | 13.562 | 13.512 | 16.012 | |
| Debt To Assets Ratio | 0.285 | 0.269 | 0.265 | 0.289 | 0.303 | |
| Debt To Equity Ratio | 0.956 | 0.852 | 0.874 | 0.866 | 0.941 | |
| Debt To Capital Ratio | 0.489 | 0.460 | 0.466 | 0.464 | 0.485 | |
| Long Term Debt To Capital Ratio | 0.465 | 0.403 | 0.424 | 0.443 | 0.475 | |
| Financial Leverage Ratio | 3.352 | 3.162 | 3.295 | 2.995 | 3.106 | |
| Working Capital Turnover Ratio | -7.196 | -5.954 | -11.934 | 57.569 | -5.377 | |
| Operating Cash Flow Ratio | 0.724 | 0.540 | 0.506 | 0.827 | 0.852 | |
| Operating Cash Flow Sales Ratio | 0.303 | 0.281 | 0.274 | 0.288 | 0.293 | |
| Free Cash Flow Operating Cash Flow Ratio | -0.709 | -0.619 | -0.762 | -0.345 | -0.265 | |
| Debt Service Coverage Ratio | 1.704 | 1.140 | 0.969 | 2.165 | 3.067 | |
| Interest Coverage Ratio | 2.745 | 3.911 | 1.548 | 2.879 | 2.934 | |
| Short Term Operating Cash Flow Coverage Ratio | 2.267 | 1.048 | 1.199 | 3.278 | 5.765 | |
| Operating Cash Flow Coverage Ratio | 0.187 | 0.208 | 0.175 | 0.214 | 0.211 | |
| Capital Expenditure Coverage Ratio | 0.585 | 0.618 | 0.568 | 0.744 | 0.790 | |
| Dividend Paid And Capex Coverage Ratio | 0.512 | 0.542 | 0.492 | 0.638 | 0.680 | |
| Dividend Payout Ratio | 0.576 | 0.343 | 1.137 | 0.564 | 0.469 | |
| Enterprise Value Multiple | 11.511 | 9.433 | 18.921 | 16.517 | 18.201 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 64.3% | ▼-31.1% | ▼-1.5% |
| Ebit Margin | 21.4% | ▼-6.6% | ▲1.9% |
| Ebitda Margin | 36.0% | ▼-4.9% | ▲2.4% |
| Operating Profit Margin | 18.3% | ▼-3.4% | ▲2.1% |
| Pretax Profit Margin | 14.7% | ▼-7.7% | ▲1.1% |
| Continuous Operations Profit Margin | 12.8% | ▼-5.5% | ▲0.5% |
| Net Profit Margin | 12.8% | ▼-5.6% | ▲0.4% |
| Bottom Line Profit Margin | 12.8% | ▼-5.6% | ▲0.4% |
| Current Ratio | 0.848 | ▲0.245 | ▼-0.002 |
| Quick Ratio | 0.800 | ▲0.236 | ▼-0.009 |
| Solvency Ratio | 0.069 | ▼-0.023 | ▼-0.007 |
| Cash Ratio | 0.124 | ▲0.031 | ▼-0.074 |
| Price To Earnings Ratio | 20.154 | ▲6.249 | ▼-12.243 |
| Price To Earnings Growth Ratio | -0.592 | ▼-0.646 | ▲14.902 |
| Forward Price To Earnings Growth Ratio | -0.592 | ▼-0.646 | ▲14.902 |
| Price To Earnings Diluted Ratio | 20.154 | ▲6.206 | ▼-12.251 |
| Price To Earnings Diluted Growth Ratio | -0.595 | ▼-0.650 | ▲14.900 |
| Price To Book Ratio | 1.526 | ▼-0.096 | ▼-0.654 |
| Price To Sales Ratio | 2.581 | ▲0.018 | ▼-0.908 |
| Price To Free Cash Flow Ratio | -12.037 | ▲2.729 | ▲16.799 |
| Price To Operating Cash Flow Ratio | 8.531 | ▼-0.603 | ▼-3.619 |
| Debt To Assets Ratio | 0.285 | ▲0.016 | ▲0.003 |
| Debt To Equity Ratio | 0.956 | ▲0.104 | ▲0.058 |
| Debt To Capital Ratio | 0.489 | ▲0.029 | ▲0.016 |
| Long Term Debt To Capital Ratio | 0.465 | ▲0.062 | ▲0.023 |
| Financial Leverage Ratio | 3.352 | ▲0.190 | ▲0.170 |
| Working Capital Turnover Ratio | -7.196 | ▼-1.242 | ▼-12.618 |
| Operating Cash Flow Ratio | 0.724 | ▲0.183 | ▲0.034 |
| Operating Cash Flow Sales Ratio | 0.302 | ▲0.022 | ▲0.015 |
| Free Cash Flow Operating Cash Flow Ratio | -0.709 | ▼-0.090 | ▼-0.169 |
| Debt Service Coverage Ratio | 1.704 | ▲0.564 | ▼-0.105 |
| Interest Coverage Ratio | 2.745 | ▼-1.165 | ▼-0.058 |
| Short Term Operating Cash Flow Coverage Ratio | 2.267 | ▲1.218 | ▼-0.445 |
| Operating Cash Flow Coverage Ratio | 0.187 | ▼-0.021 | ▼-0.012 |
| Capital Expenditure Coverage Ratio | 0.585 | ▼-0.033 | ▼-0.076 |
| Dividend Paid And Capex Coverage Ratio | 0.512 | ▼-0.030 | ▼-0.061 |
| Dividend Payout Ratio | 0.576 | ▲0.233 | ▼-0.042 |
| Enterprise Value Multiple | 11.511 | ▲2.078 | ▼-3.405 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $2.58B | $2.66B | $2.95B | $3.29B | $3.71B | |
| Enterprise value | $4.15B | $4.00B | $4.12B | $4.35B | $4.73B | |
| EV / Sales | 4.14x | 3.86x | 5.18x | 5.14x | 5.98x | |
| EV / Op. cash flow | 13.70x | 13.76x | 18.90x | 17.84x | 20.41x | |
| EV / Free cash flow | -19.34x | -22.24x | -24.81x | -51.79x | -76.94x | |
| EV / EBITDA | 11.51x | 9.43x | 18.92x | 16.52x | 18.20x | |
| Net debt / EBITDA | 4.34x | 3.17x | 5.34x | 4.01x | 3.92x | |
| Current ratio | 0.85x | 0.60x | 0.69x | 1.00x | 1.10x | |
| Income quality | 2.37x | 1.53x | 4.20x | 2.56x | 2.29x | |
| Graham number | $37 | $45 | $23 | $31 | $32 | |
| Graham net-net | -$64 | -$57 | -$53 | -$44 | -$44 | |
| Tax burden | 87.2% | 82.0% | 116.4% | 94.5% | 96.2% | |
| Interest burden | 68.8% | 80.2% | 47.2% | 69.6% | 70.9% | |
| Working capital | -$63.7M | -$214.2M | -$134.1M | $885K | $28.5M | |
| Invested capital | $4.55B | $3.99B | $3.69B | $3.11B | $2.91B | |
| Return on assets | 2.3% | 3.7% | 1.1% | 2.4% | 2.8% | |
| Operating ROA | 3.4% | 4.6% | 1.8% | 3.4% | 3.6% | |
| Return on tangible assets | 2.3% | 3.7% | 1.1% | 2.5% | 2.8% | |
| Return on equity | 7.6% | 11.6% | 3.6% | 7.3% | 8.7% | |
| Return on invested capital | 3.0% | 3.7% | 1.7% | 3.2% | 3.6% | |
| Return on capital employed | 3.5% | 4.8% | 1.8% | 3.5% | 3.8% | |
| Earnings yield | 5.0% | 7.2% | 1.8% | 2.9% | 2.7% | |
| Free cash flow yield | -8.3% | -6.8% | -5.6% | -2.5% | -1.7% | |
| Capex / Op. cash flow | 170.9% | 161.9% | 176.2% | 134.5% | 126.5% | |
| Capex / Depreciation | 352.8% | 351.0% | 311.7% | 279.3% | 262.8% | |
| Capex / Sales | 51.7% | 45.4% | 48.3% | 38.7% | 37.1% | |
| SG&A / Sales | 14.2% | 13.5% | 17.9% | 15.7% | 16.0% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.5% | 0.4% | 0.4% | 0.6% | 0.9% | |
| Intangibles / Total assets | 1.1% | 1.2% | 1.2% | 1.4% | 1.8% | |
| Days sales outstanding | 60d | 66d | 81d | 76d | 61d | |
| Days payables outstanding | 180d | 1282d | 136d | 166d | 172d | |
| Operating cycle | 80d | 223d | 95d | 90d | 72d | |
| Cash conversion cycle | -99d | -1059d | -41d | -76d | -99d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-09-01 Newsweek Names California Water Service Group One of “America''s Greatest Companies” SAN JOSE, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- For its leadership and performance across multiple fields, California Water Service Group (Group) (NYSE: CWT) has earned a spot on Newsweek''s 2026 list of “America''s Greatest Companies.
- 2026-08-31 Hawaii Water Service Proposes Rate Adjustment for Kona Service Area for Investments Made to Help Keep Service Safe, Reliable Would provide approximately $2.73 million in annual revenue to deliver safe, reliable water and wastewater service to Hawaii Water''s North Kona customers.
- 2026-08-30 Freestone Grove Partners LP Takes Position in California Water Service Group $CWT Freestone Grove Partners LP acquired a new position in shares of California Water Service Group (NYSE: CWT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 31,950 shares of the utilities provider''s stock, valued at approximately $1,554,000. Freestone Grove Partners LP
- 2026-08-28 Bank of America Corp DE Has $5.53 Million Stock Holdings in California Water Service Group $CWT Bank of America Corp DE grew its holdings in California Water Service Group (NYSE: CWT) by 23.0% during the undefined quarter, according to the company in its most recent filing with the SEC. The fund owned 121,899 shares of the utilities provider''s stock after purchasing an additional 22,825 shares during the period. Bank
- 2026-08-25 10,755,498 Shares in California Water Service Group $CWT Acquired by BlackRock Inc. BlackRock Inc. acquired a new stake in California Water Service Group (NYSE: CWT) in the second quarter, according to its most recent filing with the SEC. The fund acquired 10,755,498 shares of the utilities provider''s stock, valued at approximately $523,255,000. BlackRock Inc. owned approximately 17.39% of California Water Service Group at the end
- 2026-08-19 California Water Service Group Awards $80,000 in Scholarships, Nears $1 Million Milestone Investing in its Communities'' Future Leaders California Water Service Group announces scholarship program recipients from California, Hawaii, New Mexico, and Washington; nears $1 million milestone.
- 2026-08-17 California Water Service Group Named One of “World''s Greenest Companies” by Newsweek SAN JOSE, Calif., Aug. 17, 2026 (GLOBE NEWSWIRE) -- For the utility''s ongoing dedication to sustainability and environmental responsibility, Newsweek has named California Water Service Group (Group) (NYSE: CWT) one of the “World''s Greenest Companies.
- 2026-08-14 Dividend Champion, Contender, And Challenger Highlights: Week August 16 A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.
- 2026-08-11 5 Dividend Kings That Blew Away Q2 Earnings Are Sizzling Summer Bargains Investors seeking defensive companies that pay substantial dividends are drawn to the Dividend Kings, and for good reason.
- 2026-08-04 Zacks Industry Outlook Essential Utilities, American States, and California Water Service Essential Utilities, American States, and California Water Service have been highlighted in this Industry Outlook article.