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California Water Service Group Holding (CWT)

California Water Service Group Holding (CWT)
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California Water Service Group is one of the largest investor-owned water utilities in the United States. The utility has six subsidiaries- California Water Service, Washington Water Service Company, New Mexico Water Service Company, Hawaii Water Service Company, CWS Utility Services, and HWS Utility Services. Also, in May 2021, it added an arm called Texas Water Service, which owns and operates four wastewater utilities serving the growing communities outside Austin and San Antonio. Along with its units, it provides regulated and non-regulated high-quality water and wastewater services. The Company only operates in one reportable segment, providing water and related utility services. The business operations consists of the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. In some areas, it also provides wastewater collections and treatment services, including treatment which allows water recycling.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 1,036,810 794,630 846,430 790,910 794,310
Sales Growth +30.48% -6.12% +7.02% -0.43% +11.16%
Net Income 190,810 51,910 96,010 101,130 96,830
Net Income Growth +267.58% -45.93% -5.06% +4.44% +53.41%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 5,180,280 4,595,530 3,850,750 3,623,270 3,394,250
Total Assets Growth +12.72% +19.34% +6.28% +6.75% +9.09%
Total Liabilities 3,542,000 3,165,220 2,528,360 2,440,290 2,472,900
Total Liabilities Growth +11.90% +25.19% +3.61% -1.32% +6.07%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 290,870 217,820 243,770 231,720 117,920
Operating Cash Flow Growth +33.54% -10.65% +5.20% +96.51% -30.14%
Net Cash Flow 10,720 -60 4,370 35,520 1,830
Change in Net Cash Flow +17,966.97% -101.37% -87.70% +1,840.98% +141.40%
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