California Water Service Group (CWT) stock
CWTNYSEWater SupplyFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 10/3011% below fair value
$49.39−0.28 (-0.56%)
Close on Nov 12, 2026Market cap $3.11BP/E 22.0Yield 2.51%
California Water Service profit margin
Profit margin (net margin) is net income as a percentage of revenue.
California Water Service's profit margin for the twelve months ending Sep 30, 2026 was 13.5%. For fiscal 2025 it was 13.3%, against 21.1% the year before. The highest annual figure on record is 21.1% in fiscal 2024.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 13.3% | −7.8 |
| FY2024 | Dec 31, 2024 | 21.1% | +14.5 |
| FY2023 | Dec 31, 2023 | 6.6% | −5.9 |
| FY2022 | Dec 31, 2022 | 12.4% | −0.8 |
| FY2021 | Dec 31, 2021 | 13.2% | −0.7 |
| FY2020 | Dec 31, 2020 | 13.9% | +4.4 |
| FY2019 | Dec 31, 2019 | 9.5% | −0.2 |
| FY2018 | Dec 31, 2018 | 9.7% | −2.0 |
| FY2017 | Dec 31, 2017 | 11.7% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 19.8% | +0.3 |
| Q2 FY2026 | Jun 30, 2026 | 20.3% | +3.9 |
| Q1 FY2026 | Mar 31, 2026 | 2.0% | −5.3 |
| Q4 FY2025 | Dec 31, 2025 | 5.4% | −3.6 |
| Q3 FY2025 | Sep 30, 2025 | 19.5% | −0.3 |
| Q2 FY2025 | Jun 30, 2025 | 16.5% | −1.4 |
| Q1 FY2025 | Mar 31, 2025 | 7.3% | −37.8 |
| Q4 FY2024 | Dec 31, 2024 | 9.0% | −6.2 |
| Q3 FY2024 | Sep 30, 2024 | 19.8% | +6.2 |
| Q2 FY2024 | Jun 30, 2024 | 17.9% | +13.0 |
| Q1 FY2024 | Mar 31, 2024 | 45.1% | +60.4 |
| Q4 FY2023 | Dec 31, 2023 | 15.2% | +4.2 |
| Q3 FY2023 | Sep 30, 2023 | 13.6% | −9.9 |
| Q2 FY2023 | Jun 30, 2023 | 4.9% | −4.9 |
| Q1 FY2023 | Mar 31, 2023 | -15.3% | −16.0 |
| Q4 FY2022 | Dec 31, 2022 | 11.1% | +9.0 |
| Q3 FY2022 | Sep 30, 2022 | 23.4% | −2.7 |
| Q2 FY2022 | Jun 30, 2022 | 9.8% | −8.2 |
| Q1 FY2022 | Mar 31, 2022 | 0.7% | +2.8 |
| Q4 FY2021 | Dec 31, 2021 | 2.1% | −7.2 |
| Q3 FY2021 | Sep 30, 2021 | 26.2% | −17.1 |
| Q2 FY2021 | Jun 30, 2021 | 18.0% | +14.9 |
| Q1 FY2021 | Mar 31, 2021 | -2.1% | +13.0 |
| Q4 FY2020 | Dec 31, 2020 | 9.2% | +2.3 |
| Q3 FY2020 | Sep 30, 2020 | 43.3% | +23.6 |
| Q2 FY2020 | Jun 30, 2020 | 3.1% | −7.1 |
| Q1 FY2020 | Mar 31, 2020 | -15.1% | −8.6 |
| Q4 FY2019 | Dec 31, 2019 | 6.9% | −2.8 |
| Q3 FY2019 | Sep 30, 2019 | 19.7% | +2.5 |
| Q2 FY2019 | Jun 30, 2019 | 10.1% | +1.5 |
| Q1 FY2019 | Mar 31, 2019 | -6.5% | −5.9 |
| Q4 FY2018 | Dec 31, 2018 | 9.7% | −0.4 |
| Q3 FY2018 | Sep 30, 2018 | 17.3% | −0.6 |
| Q2 FY2018 | Jun 30, 2018 | 8.6% | −3.7 |
| Q1 FY2018 | Mar 31, 2018 | -0.6% | −2.8 |
| Q4 FY2017 | Dec 31, 2017 | 10.1% | – |
| Q3 FY2017 | Sep 30, 2017 | 17.9% | – |
| Q2 FY2017 | Jun 30, 2017 | 12.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 2.3% | – |
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