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XNYS
CWT
Market cap2.82bUSD
Oct 08, Last price  
45.60USD
1D
0.44%
1Q
-8.27%
Jan 2017
34.51%
Name

California Water Service Group

Chart & performance

D1W1MN
XNYS:CWT chart
P/E
21.99
P/S
2.82
EPS
2.07
Div yield, %
2.72%
Shrs. gr., 5y
3.89%
Rev. gr., 5y
4.72%
Revenues
1.00b
-3.54%
334,717,000367,082,000410,312,000449,372,000460,399,000501,814,000559,966,000584,103,000597,499,000588,368,000609,370,000666,890,000698,196,000714,557,000794,307,000790,909,000846,431,000794,632,0001,036,806,0001,000,140,000
Net income
128m
-32.81%
25,580,00031,159,00039,805,00040,554,00037,656,00037,712,00048,828,00047,254,00056,738,00045,017,00048,675,00067,181,00065,584,00063,116,00096,831,000101,125,00096,011,00051,911,000190,807,000128,211,000
CFO
303m
+4.02%
60,967,00050,054,00095,730,00072,424,00075,510,000111,272,000131,914,000124,173,000128,133,000144,631,000159,700,000147,842,000179,019,000168,794,000117,924,000231,718,000243,772,000217,817,000290,867,000302,561,000
Dividend
Aug 10, 20260.335 USD/sh

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Profile

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.

Key people

Martin Kropelnicki
Chairman of the Board, President, Chief Executive Officer · since 2023
Shawn Bunting
Senior Vice President, General Counsel and Business Development · since 2024
Shannon Dean
Senior Vice President - Customer Service, Chief Sustainability Officer · since 2024
James Lynch
Chief Financial Officer, Senior Vice President, Treasurer · since 2024
Michael Mares
Senior Vice President - Operations · since 2024
Michael Luu
Senior Vice President - Corporate Services, Chief Risk Officer · since 2023
Sophie James
Vice President - Water Quality & Environmental Affairs · since 2024
Kenneth Jenkins
Vice President - Water Resources Planning and Sustainability · since 2025
Greg Milleman
Vice President - Rates and Regulatory Affairs · since 2022
Elissa Ouyang
Vice President - Facilities, Fleet and Procurement · since 2022
Todd Peters
Vice President - Engineering · since 2026
Thomas Scanlon
Corporate Controller, Chief Accounting Officer · since 2026
Michelle Mortensen
Vice President, Corporate Secretary, Chief of Staff · since 2022
Lead Independent Director · since 2023
Independent Director · since 2015
Shelly Esque
Independent Director · since 2018
Jeffrey Kightlinger
Independent Director · since 2023
Thomas Krummel
Independent Director · since 2010
Yvonne Maldonado
Independent Director · since 2021
Independent Director · since 2023
IPO date
Mar 17, 1980
Employees
1,225
Domiciled in
US
Incorporated in
US
Legal address
c/o NATIONAL REGISTERED AGENTS, INC., 160 GREENTREE DR STE 101
DOVER, DE 19904
US
Headquarters
1720 North First Street
San Jose, CA 95112
US

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