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CWTNYSEWater SupplyFiscal year ends December 31

CALIFORNIA WATER SERVICE GROUP

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$45.58−0.77 (-1.66%)

Close on Oct 19, 2026

Market cap
$2.75B
P/E (TTM)
20.5
Dividend yield
2.72%

About California Water Service

Water Supply, SIC 4941

California Water Service Group is a utility holding company that operates in a single segment dedicated to water and wastewater utility services. The company procures, treats, stores, and distributes water for domestic, industrial, public, irrigation, and municipal fire protection uses. It also offers wastewater collection and treatment services, including water recycling, alongside non-regulated services such as full water system operations, meter reading, billing, and communication antenna site leasing. Its customer base includes residential consumers, commercial and industrial entities, municipalities, and public organizations across its utility districts.

The company provides utility services to approximately two million people across California, Washington, New Mexico, Hawaii, and Texas, serving around 562,000 customer connections. California operations represent the vast majority of its reach with 500,000 connections across 20 districts, complemented by systems in Washington, New Mexico, Hawaii, and Texas. The company is headquartered in San Jose, California.

Summary of the business section of California Water Service's latest annual report, written by StockData.

Company profile

Company

Legal name
CALIFORNIA WATER SERVICE GROUP
Founded
1926
Headquarters
San Jose, CA
Address
1720 N First St, C/O California Water Service Co 95112
Phone
(408) 367-8200
Employees
1,336, Dec 31, 2025
Industry
Water Supply
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
DELOITTE & TOUCHE LLP, San Francisco, California

Stock & identifiers

Ticker
CWT
Exchange
NYSE
Shares outstanding
62M, Jul 20, 2026
Public float
$1.58B, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
2-for-1, Jun 30, 2011; 2-for-1, Jun 13, 2011; 2-for-1, Jan 26, 1998; 2-for-1, Nov 2, 1987; 2-for-1, May 3, 1984
SEC CIK
1035201
CUSIP
130788102
ISIN
US1307881029
LEI
529900QABDOBU6UVRQ36
EIN
77-0448994

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Sophie Marwieh JamesVP Water Qual8,287
Kenneth G. JenkinsVP Water Res Plan & Sustain5,126
Shawn C. BuntingSVP, Chief Legal Officer & BD4,574
Michael B. LuuSVP Corp Svce & Chief Risk Of23,744
Michelle R. MortensenVP Corp Sect, Gov & Assurance12,807
Kristan A. HamnerVP, Chief Human Resource Offcr2,979
Elissa Y. OuyangVP Facilities Fleet Procure IT14,805
Michael S. Mares JRSVP Operations8,252
Thomas A. ScanlonVP, Corporate Controller & PAO5,690
Shannon C. DeanSVP, Cust Svc & Chief Sust Of23,613
Martin A. KropelnickiChairman President & CEO147,287
James Patrick LynchSVP CFO and Treasurer6,486
Todd Kenneth PetersVice President, Engineering8,259
Gregory Dale ShimanskyVP, Rates & Reg Affairs1,311
Greg A. MillemanVP Rates & Regulatory Affairs13,708
Ronald D. WebbVP, Human Resources26,580
Lester A. SnowDirector17,817
Thomas M. KrummelDirector20,104
Jeffrey KightlingerDirector8,355
Scott L. MorrisDirector15,209
Charles R. PattonDirector9,062
Gregory E. AliffDirector26,395
Carol M. PottengerDirector19,187
Shelly Marian EsqueDirector18,331
Yvonne Aida MaldonadoDirector12,635

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Martin Kropelnicki
$6.88M$3.25M$1.41M$90$90
FY2024
Martin Kropelnicki
$4.80M$4.68M$943.42K$97$93
FY2023
Martin Kropelnicki
$4.86M$3.69M$1.00M$108$106
FY2022
Martin Kropelnicki
$3.35M$3.11M$820.95K$124$123
FY2021
Martin Kropelnicki
$3.72M$4.50M$1.20M$144$144
FY2020
Martin Kropelnicki
$3.78M$4.27M$901.55K$107$116

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“At December 31, 2025, we had 1,336 employees, including 1,182 at Cal Water, 84 at Washington Water, 48 at Hawaii Water, 22 at New Mexico Water, and no employees at Texas Water.”

Corporate history

Events identified from SEC filings