StockData
California Water Service Group logo

California Water Service Group (CWT) company profile

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%

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
63M, Oct 19, 2026
Public float
$1.58B, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
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
FIGI
BBG000D8KTN6
Share class FIGI
BBG001S7QBD4
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
Gregory Dale ShimanskyVP, Rates & Reg Affairs446
Elissa Y. OuyangVP Facilities Fleet Procure IT14,805
Michael S. Mares JRSVP Operations8,252
Thomas A. ScanlonVP, Corporate Controller & PAO5,690
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
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
Greg A. MillemanVP Rates & Regulatory Affairs13,708
Ronald D. WebbVP, Human Resources26,580
Thomas M. KrummelDirector16,404
Carol M. PottengerDirector16,530
Lester A. SnowDirector17,817
Jeffrey KightlingerDirector8,355
Scott L. MorrisDirector15,209
Charles R. PattonDirector9,062
Gregory E. AliffDirector26,395
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$6.88M$3.25M$1.41M$90$90
FY2024$4.80M$4.68M$943.42K$97$93
FY2023$4.86M$3.69M$1.00M$108$106
FY2022$3.35M$3.11M$820.95K$124$123
FY2021$3.72M$4.50M$1.20M$144$144
FY2020$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.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsIncentive payOtherTotalvs. prior year
Martin A. Kropelnicki
Chairman, President & Chief Executive Officer
$1.08M$1.95M$1.52M$2.32M$6.88M+43%
James P. Lynch
Senior Vice President, Chief Financial Officer & Treasurer
$488.29K$272.02K$275.68K$527.29K$1.56M+8%
Michael B. Luu
Senior Vice President, Corporate Services & Chief Risk Officer
$464.79K$272.02K$262.37K$324.72K$1.32M+26%
Shawn C. Bunting
Senior Vice President, General Counsel & Business Development
$434.32K$272.02K$245.17K$303.58K$1.26M+7%
Shannon C. Dean
Senior Vice President, Customer Service & Chief Sustainability Officer
$346.65K$272.02K$195.71K$673.08K$1.49M+61%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

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

See a number that looks wrong?