See more : Shanghai Hongda New Material Co., Ltd. (002211.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of California Water Service Group (CWT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of California Water Service Group, a leading company in the Regulated Water industry within the Utilities sector.
You may be interested
- Virat Industries Limited (VIRAT.BO) Income Statement Analysis – Financial Results
- Kape Technologies PLC (KAPE.L) Income Statement Analysis – Financial Results
- Taboola.com Ltd. (TBLA) Income Statement Analysis – Financial Results
- Aurora Labs Limited (A3D.AX) Income Statement Analysis – Financial Results
- Realfiction Holding AB (publ) (REALFI.ST) Income Statement Analysis – Financial Results
California Water Service Group (CWT)
About California Water Service Group
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 794.63M | 846.43M | 790.91M | 794.31M | 714.56M | 698.20M | 666.89M | 609.37M | 588.37M | 597.50M | 584.10M | 559.97M | 501.81M | 460.40M | 449.37M | 410.31M | 367.08M | 334.72M | 320.73M | 315.57M | 277.13M | 263.15M | 246.82M | 244.81M | 206.40M | 186.30M | 195.30M | 182.80M | 165.10M | 157.30M | 151.70M | 139.80M | 127.20M | 124.40M | 117.50M | 113.80M | 112.80M | 109.50M | 104.60M |
| Cost of Revenue | 431.26M | 316.98M | 307.07M | 304.76M | 282.18M | 277.34M | 264.40M | 242.99M | 229.39M | 243.80M | 243.43M | 221.84M | 181.75M | 164.11M | 216.06M | 137.67M | 130.72M | 116.16M | 20.54M | 21.80M | 21.92M | 22.90M | 21.13M | 15.14M | 13.00M | 11.10M | 12.50M | 12.10M | 12.70M | 12.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 363.38M | 529.45M | 483.84M | 489.55M | 432.38M | 420.86M | 402.49M | 366.38M | 358.98M | 353.70M | 340.67M | 338.13M | 320.06M | 296.29M | 233.31M | 272.65M | 236.36M | 218.55M | 300.19M | 293.77M | 255.21M | 240.25M | 225.69M | 229.67M | 193.40M | 175.20M | 182.80M | 170.70M | 152.40M | 144.70M | 151.70M | 139.80M | 127.20M | 124.40M | 117.50M | 113.80M | 112.80M | 109.50M | 104.60M |
| Gross Profit Ratio | 45.73% | 62.55% | 61.18% | 61.63% | 60.51% | 60.28% | 60.35% | 60.13% | 61.01% | 59.20% | 58.32% | 60.38% | 63.78% | 64.36% | 51.92% | 66.45% | 64.39% | 65.29% | 93.60% | 93.09% | 92.09% | 91.30% | 91.44% | 93.82% | 93.70% | 94.04% | 93.60% | 93.38% | 92.31% | 91.99% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 142.24M | 132.72M | 126.69M | 117.06M | 108.62M | 100.78M | 102.91M | 98.47M | 113.11M | 97.37M | 98.06M | 93.93M | 85.76M | 75.28M | 75.24M | 59.43M | 54.26M | 52.79M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 142.24M | 132.72M | 126.69M | 117.06M | 108.62M | 100.78M | 102.91M | 98.47M | 113.11M | 97.37M | 98.06M | 93.93M | 85.76M | 75.28M | 75.24M | 59.43M | 54.26M | 52.79M | 48.66M | 47.08M | 40.97M | 37.65M | 36.52M | 32.97M | 28.00M | 24.40M | 23.50M | 21.70M | 20.00M | 18.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 144.01M | 265.81M | 227.58M | 224.39M | 208.07M | -13.77M | 6.51M | 4.99M | 1.90M | 3.08M | 3.53M | 5.13M | 167.14M | 102.69M | 99.95M | 131.24M | 120.04M | 110.16M | 191.72M | 188.12M | 171.11M | 159.74M | 154.29M | 151.93M | 122.60M | 110.20M | 111.10M | 106.50M | 97.20M | 91.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 286.24M | 398.53M | 354.27M | 341.45M | 316.69M | 291.73M | 278.94M | 265.39M | 263.30M | 245.13M | 247.62M | 244.93M | 252.89M | 234.48M | 175.19M | 190.67M | 174.30M | 162.95M | 240.37M | 235.20M | 212.08M | 197.39M | 190.81M | 184.90M | 150.60M | 134.60M | 134.60M | 128.20M | 117.20M | 109.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost & Expenses | 717.50M | 715.51M | 661.33M | 646.21M | 598.87M | 569.07M | 543.34M | 508.37M | 492.69M | 488.93M | 491.05M | 466.77M | 434.65M | 398.59M | 391.25M | 328.34M | 305.03M | 279.11M | 260.91M | 257.00M | 234.00M | 220.29M | 211.94M | 200.04M | 163.60M | 145.70M | 147.10M | 140.30M | 129.90M | 122.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Income | 303.00K | 177.00K | 171.00K | 52.00K | 92.00K | 0.00 | 0.00 | 0.00 | 39.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 106.00K | 423.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 49.82M | 44.34M | 43.21M | 41.86M | 41.22M | 37.85M | 33.93M | 30.50M | 27.27M | 26.95M | 28.86M | 28.14M | 29.71M | 26.37M | 21.31M | 17.18M | 17.13M | 16.97M | 17.70M | 17.84M | 17.52M | 16.84M | 16.03M | 14.65M | 0.00 | 12.40M | 0.00 | 11.90M | 11.50M | 11.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 123.12M | 117.36M | 111.58M | 100.94M | 91.29M | 85.71M | 78.59M | 65.20M | 61.38M | 61.22M | 58.32M | 54.67M | 51.98M | 42.83M | 39.78M | 39.49M | 34.24M | 30.65M | 28.73M | 26.11M | 23.26M | 21.24M | 19.23M | 18.37M | 13.30M | 13.80M | 12.80M | 12.10M | 10.60M | 10.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 217.54M | 262.72M | 250.83M | 244.00M | 201.21M | 205.39M | 211.18M | 169.22M | 158.66M | 171.69M | 153.06M | 155.28M | 142.57M | 133.85M | 97.90M | 94.81M | 96.29M | 86.26M | 83.43M | 82.30M | 66.39M | 64.10M | 54.11M | 63.14M | 56.10M | 59.42M | 61.00M | 54.60M | 45.80M | 45.80M | 151.70M | 139.80M | 127.20M | 124.40M | 117.50M | 113.80M | 112.80M | 109.50M | 104.60M |
| EBITDA Ratio | 27.38% | 30.30% | 32.09% | 30.75% | 28.63% | 28.52% | 31.29% | 27.83% | 27.02% | 28.93% | 26.52% | 27.32% | 23.69% | 22.25% | 20.95% | 29.81% | 25.11% | 25.10% | 26.01% | 26.08% | 21.54% | 22.23% | 19.55% | 25.21% | 27.18% | 29.20% | 31.23% | 29.87% | 27.74% | 29.12% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Income | 77.14M | 127.66M | 126.17M | 136.67M | 99.41M | 110.54M | 94.62M | 76.19M | 71.15M | 81.85M | 74.01M | 73.84M | 67.17M | 61.81M | 58.12M | 81.98M | 62.06M | 55.60M | 59.82M | 58.57M | 43.13M | 42.87M | 34.88M | 44.77M | 42.80M | 40.60M | 48.20M | 42.50M | 35.20M | 35.10M | 151.70M | 139.80M | 127.20M | 124.40M | 117.50M | 113.80M | 112.80M | 109.50M | 104.60M |
| Operating Income Ratio | 9.71% | 15.08% | 15.95% | 17.21% | 13.91% | 15.83% | 14.19% | 12.50% | 12.09% | 13.70% | 12.67% | 13.19% | 13.38% | 13.43% | 12.93% | 19.98% | 16.91% | 16.61% | 18.65% | 18.56% | 15.56% | 16.29% | 14.13% | 18.29% | 20.74% | 21.79% | 24.68% | 23.25% | 21.32% | 22.31% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Total Other Income/Expenses | -32.54M | -26.02M | -21.70M | -27.82M | -18.63M | -29.08M | 2.68M | -7.15M | -847.00K | 2.86M | -6.28M | -3.56M | -6.29M | -24.16M | -17.57M | -18.04M | -13.01M | -14.73M | -12.59M | -15.46M | -10.82M | -11.22M | -10.19M | -13.23M | -7.31M | -9.32M | -11.00M | -11.20M | -10.60M | -11.10M | -151.70M | -139.80M | -127.20M | -124.40M | -117.50M | -113.80M | -112.80M | -109.50M | -104.60M |
| Income Before Tax | 44.60M | 101.64M | 105.07M | 108.85M | 80.79M | 81.46M | 100.54M | 75.49M | 70.31M | 84.71M | 67.72M | 70.28M | 37.71M | 37.66M | 40.55M | 63.94M | 49.05M | 40.88M | 47.23M | 43.11M | 32.32M | 31.64M | 24.69M | 31.53M | 32.10M | 29.00M | 37.30M | 31.30M | 24.60M | 24.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 5.61% | 12.01% | 13.28% | 13.70% | 11.31% | 11.67% | 15.08% | 12.39% | 11.95% | 14.18% | 11.59% | 12.55% | 7.52% | 8.18% | 9.02% | 15.58% | 13.36% | 12.21% | 14.73% | 13.66% | 11.66% | 12.02% | 10.00% | 12.88% | 15.55% | 15.57% | 19.10% | 17.12% | 14.90% | 15.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | -6.78M | 6.38M | 4.09M | 12.02M | 17.67M | 15.87M | 33.36M | 26.82M | 25.29M | 27.97M | 20.47M | 21.45M | 29.46M | 24.16M | 17.57M | 24.13M | 17.89M | 15.30M | 20.01M | 17.08M | 12.90M | 12.57M | 9.73M | 11.57M | 12.20M | 10.60M | 14.00M | 12.20M | 9.90M | 9.60M | -15.50M | -12.50M | -13.90M | -14.40M | -13.80M | -14.10M | -15.00M | -13.70M | -12.50M |
| Net Income | 51.91M | 96.01M | 101.13M | 96.83M | 63.12M | 65.58M | 67.18M | 48.68M | 45.02M | 56.74M | 47.25M | 48.83M | 37.71M | 37.66M | 40.55M | 39.81M | 31.16M | 25.58M | 27.22M | 26.03M | 19.42M | 19.07M | 14.97M | 19.96M | 19.90M | 18.40M | 23.30M | 19.10M | 14.70M | 14.40M | 15.50M | 12.50M | 13.90M | 14.40M | 13.80M | 14.10M | 15.00M | 13.70M | 12.50M |
| Net Income Ratio | 6.53% | 11.34% | 12.79% | 12.19% | 8.83% | 9.39% | 10.07% | 7.99% | 7.65% | 9.50% | 8.09% | 8.72% | 7.52% | 8.18% | 9.02% | 9.70% | 8.49% | 7.64% | 8.49% | 8.25% | 7.01% | 7.25% | 6.06% | 8.15% | 9.64% | 9.88% | 11.93% | 10.45% | 8.90% | 9.15% | 10.22% | 8.94% | 10.93% | 11.58% | 11.74% | 12.39% | 13.30% | 12.51% | 11.95% |
| EPS | 0.91 | 1.77 | 1.96 | 1.97 | 1.31 | 1.36 | 1.52 | 1.02 | 0.94 | 1.19 | 1.02 | 1.17 | 0.90 | 0.90 | 0.98 | 0.95 | 0.75 | 0.67 | 0.74 | 0.70 | 0.57 | 0.63 | 0.49 | 0.66 | 0.73 | 0.78 | 0.92 | 0.75 | 0.58 | 0.61 | 0.68 | 0.55 | 0.61 | 0.63 | 0.60 | 0.61 | 0.66 | 0.61 | 0.56 |
| EPS Diluted | 0.91 | 1.77 | 1.96 | 1.97 | 1.31 | 1.36 | 1.52 | 1.01 | 0.94 | 1.19 | 1.02 | 1.17 | 0.90 | 0.90 | 0.98 | 0.95 | 0.75 | 0.67 | 0.74 | 0.70 | 0.57 | 0.63 | 0.49 | 0.66 | 0.72 | 0.66 | 0.92 | 0.75 | 0.58 | 0.61 | 0.68 | 0.55 | 0.61 | 0.63 | 0.60 | 0.61 | 0.66 | 0.61 | 0.56 |
| Weighted Avg Shares Out | 56.95M | 54.32M | 51.63M | 49.27M | 48.17M | 48.06M | 48.01M | 47.95M | 47.87M | 47.79M | 46.38M | 41.89M | 41.76M | 41.61M | 41.49M | 41.42M | 41.33M | 37.81M | 36.76M | 34.84M | 31.06M | 30.36M | 30.36M | 30.25M | 30.18M | 25.36M | 25.57M | 25.20M | 25.00M | 23.28M | 22.67M | 22.57M | 22.64M | 22.72M | 22.83M | 22.79M | 22.12M | 21.98M | 22.52M |
| Weighted Avg Shares Out (Dil) | 56.98M | 54.36M | 51.63M | 49.27M | 48.17M | 48.06M | 48.01M | 47.96M | 47.88M | 47.83M | 46.42M | 41.89M | 41.77M | 41.64M | 41.53M | 41.47M | 41.38M | 37.85M | 36.80M | 35.44M | 31.84M | 30.37M | 30.37M | 30.26M | 30.28M | 30.02M | 25.57M | 25.20M | 25.00M | 23.28M | 22.67M | 22.57M | 22.64M | 22.72M | 22.83M | 22.79M | 22.12M | 21.98M | 22.52M |
53 August Dividend Kings: Buy 7, Watch 9 More
“What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 53 Dividend Kings, screened as of August 6, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 9.36%-31.67% topped-by PPG, and Target....
5 Utility Stocks to Buy for a Stable Portfolio Amid Volatility
We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These are: ATO, AEE, AEP, CWT, EXC.
California Water (CWT) Q2 Earnings & Revenues Beat Estimates
California Water's (CWT) second-quarter 2024 earnings and revenues increase year over year. CWT continues to benefit from the 2021 General Rate Case decision.
California Water Service Group (CWT) Q2 2024 Earnings Call Transcript
California Water Service Group (NYSE:CWT ) Q2 2024 Results Conference Call August 1, 2024 11:00 AM ET Company Participants James Lynch - Senior Vice President, Chief Financial Officer and Treasurer Martin Kropelnicki - Chairman and Chief Executive Officer Greg Milleman...
California Water Service Group (CWT) Q2 Earnings and Revenues Surpass Estimates
California Water Service Group (CWT) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.17 per share a year ago.
California Water Service Group Reports Second Quarter Results
SAN JOSE, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported financial results for the second quarter...
California Water Service Group Board of Directors Declares 318th Consecutive Quarterly Dividend
SAN JOSE, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- At its meeting on July 31, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 318th consecutive quarterly dividend in the amount of $0.28 per common...
Alliance for Water Efficiency Study Shows California Water Service's Conservation Efforts Save Customers Money
SAN JOSE, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- Water conservation efforts have reduced California Water Service (Cal Water) customers' bills by as much as 20.5 percent over the last 15 years compared to what they would have been without...
California Water (CWT) to Report Q2 Earnings: What to Expect
California Water's (CWT) Q2 results are likely to gain from the implementation of new water rates in its service territories. However, higher water production expenses, and increased depreciation and amortization expenses are likely to have hurt its earnings.
7 Upcoming Dividend Increases Including A King
This week has seven new dividend increases, including a dividend king. My investment strategy involves buying companies with consistent dividend growth and beating benchmarks. Tables and charts feature data sourced from U.S. Dividend Champions and NASDAQ. Companies must have at...
Source: https://incomestatements.info
Category: Stock Reports