California Water Service financials
$45.84+0.39%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.02B | $1.06B | $813.1M | $867.7M | $813.7M | $811.2M | $733.8M | $716.5M | $692.0M | $626.0M |
| Gross profit | $722.9M | $768.5M | $543.7M | $598.6M | $551.5M | $547.1M | $489.9M | $478.3M | $464.1M | $417.3M |
| Gross margin | 70.8% | 72.7% | 66.9% | 69.0% | 67.8% | 67.4% | 66.8% | 66.8% | 67.1% | 66.7% |
| Operating income | $209.4M | $261.5M | $115.9M | $163.4M | $159.4M | $148.6M | $112.9M | $119.5M | $113.4M | $88.3M |
| Net income | $128.2M | $190.8M | $51.9M | $96.0M | $101.1M | $96.8M | $63.1M | $65.6M | $72.9M | $48.7M |
| Net margin | 12.6% | 18.0% | 6.4% | 11.1% | 12.4% | 11.9% | 8.6% | 9.2% | 10.5% | 7.8% |
| Diluted EPS | $2.15 | $3.25 | $0.91 | $1.77 | $1.96 | $1.97 | $1.31 | $1.36 | $1.52 | $1.01 |
| EBITDA | $355.9M | $395.6M | $239.0M | $163.4M | $271.0M | $249.5M | $204.2M | $205.2M | $192.0M | $153.6M |
| Operating cash flow | $302.6M | $290.9M | $217.8M | $243.8M | $231.7M | $117.9M | $168.8M | $179.0M | $203.8M | $160.4M |
| Free cash flow | $302.6M | $290.9M | $217.8M | -$84.0M | -$61.5M | -$180.7M | — | — | — | — |
| Diluted shares | 59.6M | 58.6M | 57.0M | 54.4M | 51.6M | 49.3M | 48.2M | 48.1M | 48.0M | 48.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $51.8M | $50.1M | $39.6M | $62.1M | $78.4M | $44.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.62B | $1.39B | $1.24B | $1.13B | $1.10B | $1.16B |
| Total assets | $5.67B | $5.18B | $4.60B | $4.26B | $3.62B | $3.39B |
| Total liabilities | $3.68B | $3.25B | $2.88B | $2.66B | $2.17B | $2.20B |
| Shareholders' equity | $1.99B | $1.93B | $1.72B | $1.61B | $1.46B | $1.19B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology