California Water Service Group
California Water Service Group (CWT) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for California Water Service Group (CWT), covering cash flow, earnings, and balance sheets.
California Water Service Group (CWT) Income Statement & Financial Overview
View the income breakdown for California Water Service Group CWT across both annual and quarterly reports.
| Metric | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|
| Revenue | $264.95M | $203.97M | $222.19M | $299.56M |
| Cost of Revenue | $67.39M | $67.39M | $90.71M | $100.97M |
| Gross Profit | -$136.58M | $136.58M | $131.49M | $164.97M |
| Gross Profit Ratio | -$0.52 | $0.67 | $0.59 | $0.55 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $33.32M | $34.17M | $36.42M | $35.45M |
| Operating Expenses | $33.32M | $114.24M | $99.24M | $98.23M |
| Total Costs & Expenses | $100.71M | $181.63M | $189.95M | $232.81M |
| Interest Income | $0.00 | $0.00 | $1.26M | $0.00 |
| Interest Expense | $18.32M | $15.65M | $14.88M | $13.60M |
| Depreciation & Amortization | $35.49M | $36.49M | $33.60M | $33.61M |
| EBITDA | $104.06M | $65.35M | $66.16M | $125.18M |
| EBITDA Ratio | $0.39 | $0.32 | $0.30 | $0.42 |
| Operating Income | $51.81M | $22.34M | $32.25M | $66.75M |
| Operating Income Ratio | $0.20 | $0.11 | $0.15 | $0.22 |
| Other Income/Expenses (Net) | -$1.56M | -$9.14M | -$14.57M | $11.23M |
| Income Before Tax | $50.25M | $13.20M | $17.68M | $77.98M |
| Income Before Tax Ratio | $0.19 | $0.06 | $0.08 | $0.26 |
| Income Tax Expense | $8.08M | -$129000.00 | -$1.79M | $17.42M |
| Net Income | $42.17M | $13.33M | $19.66M | $60.68M |
| Net Income Ratio | $0.16 | $0.07 | $0.09 | $0.20 |
| EPS | $0.71 | $0.22 | $0.33 | $1.03 |
| Diluted EPS | $0.71 | $0.22 | $0.33 | $1.03 |
| Weighted Avg Shares Outstanding | $59.54M | $59.51M | $58.61M | $58.93M |
| Weighted Avg Shares Outstanding (Diluted) | $59.59M | $59.57M | $58.65M | $58.98M |
Over the last four quarters, California Water Service Group's revenue moved from $299.56M in Q3 2024 to $264.95M in Q2 2025. Operating income in Q2 2025 was $51.81M, with a strong operating margin of 20%. Despite fluctuations in R&D and SG&A expenses, EBITDA for California Water Service Group remained robust at $104.06M, reflecting operational efficiency. Net income rose to $42.17M, with an EPS of $0.71. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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