California Water Service Group (CWT)
Operates regulated water and wastewater utilities across five western states.
$47.35
After-hours close+0.09 (+0.20%)
At close$47.26(0.00%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 255 | 215 | 271 | 244 | 300 | 222 | 204 | 265 | 311 | 220 | 215 | 309 |
| Cost of revenue | 131 | 110 | 94 | 86 | 101 | 91 | 67 | 95 | 109 | 89 | 76 | 101 |
| Gross profit | 124 | 105 | 176 | 158 | 199 | 131 | 137 | 170 | 202 | 131 | 138 | 208 |
| 81 | 69 | 99 | 110 | 132 | 99 | 111 | 108 | 117 | 121 | 117 | 119 | |
| 34 | 32 | 32 | 32 | 35 | 36 | 34 | 33 | 36 | 38 | 34 | 36 | |
| Selling & marketing | 0 | −5 | −3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 34 | 37 | 36 | 32 | 35 | 36 | 34 | 33 | 36 | 38 | 34 | 36 |
| Other expenses | 47 | 38 | 66 | 78 | 96 | 63 | 77 | 75 | 81 | 83 | 83 | 83 |
| Operating income | 43 | 35 | 78 | 48 | 67 | 32 | 26 | 62 | 85 | 10 | 22 | 88 |
| −4 | −15 | 9 | 2 | 11 | −15 | −12 | −11 | −11 | −3 | −18 | −16 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 13 | 12 | 15 | 14 | 14 | 15 | 16 | 17 | 17 | 17 | 19 | 20 |
| Other non-operating income | −9 | 8 | −19 | −16 | −25 | 0 | −3 | −5 | −6 | −14 | −1 | −4 |
| Income before tax | 39 | 20 | 87 | 50 | 78 | 18 | 13 | 51 | 74 | 7 | 4 | 72 |
| Income tax expense | 5 | −10 | 17 | 10 | 17 | −2 | 0 | 9 | 13 | −5 | 0 | 16 |
| Net income from continuing operations | 34 | 30 | 70 | 40 | 61 | 19 | 13 | 42 | 61 | 11 | 4 | 56 |
| Net income | 34 | 30 | 70 | 41 | 61 | 20 | 13 | 42 | 61 | 11 | 4 | 56 |
| EPS, basic | $0.60 | $0.52 | $1.21 | $0.70 | $1.03 | $0.33 | $0.22 | $0.71 | $1.03 | $0.19 | $0.07 | $0.94 |
| EPS, diluted | $0.60 | $0.52 | $1.21 | $0.70 | $1.03 | $0.33 | $0.22 | $0.71 | $1.03 | $0.19 | $0.07 | $0.93 |
| Weighted average shares, basic | 58 | 58 | 58 | 58 | 59 | 59 | 60 | 60 | 60 | 60 | 60 | 60 |
| Weighted average shares, diluted | 58 | 58 | 58 | 58 | 59 | 59 | 60 | 60 | 60 | 60 | 60 | 60 |
| EBITDA | 83 | 59 | 130 | 98 | 125 | 66 | 65 | 104 | 127 | 61 | 63 | 122 |
| Depreciation & amortization | 30 | 32 | 33 | 34 | 34 | 34 | 36 | 37 | 37 | 37 | 40 | 30 |
| EBIT | 52 | 27 | 97 | 64 | 92 | 33 | 29 | 67 | 91 | 24 | 23 | 92 |
