Is California Water Service Group (CWT) overvalued or fairly valued?

MarketChacha shows California Water Service Group's valuation in context — a trailing P/E of about 25.0, a forward P/E of about 18.4, a price-to-book of about 1.8 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does California Water Service Group's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.19×) from reported figures — education, not a rating.

What is California Water Service Group's revenue?

California Water Service Group reported revenue of $963.7M for FY2025, with net profit of $128.2M, per official filings.

What is the share price of California Water Service Group (CWT)?

California Water Service Group last traded at $50.85 (+0.5% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

California Water Service Group

CWT · NYSE · Utilities · United States

$50.85+0.5%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:29 PM

Snapshot

TickerCWT

ExchangeNYSE

SectorUtilities

IndustryUtilities - Regulated Water

CountryUnited States

Employees1,336

HeadquartersSan Jose, United States

Market cap$3.0B

P/E (TTM)25.0

P/B1.8

Volume116.11K

Websitewww.calwatergroup.com

Filings tracked6

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. It 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 services. The company offers its services to approximately 500,000 customer connections in 20 separate districts; approximately 6,800 water and wastewater customer connections on the islands of Kauai, Maui, Oahu, and Hawaii; approximately 38,500 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas; and approximately 11,800 water and wastewater customer connections in Rio Communities, Rio Del Oro, Meadow Lake, Indian Hills, Squaw Valley, Elephant Butte, Morningstar, Sandia Knolls, Juan Tomas, Monterey, and Cypress Gardens systems. 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; and billing of optional third-party insurance programs to its residential customers. In addition, it provides wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

Profile as reported by Yahoo Finance.

Who owns it

Insiders0.7%
Institutions95.0%
Public & other4.4%

481 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.17.22%
Vanguard Portfolio Management LLC7.17%
Amundi5.80%
T. Rowe Price Investment Management, Inc.5.71%
State Street Corporation5.18%
Vanguard Capital Management LLC4.45%
Nuance Investments, LLC2.68%
Geode Capital Management, LLC2.47%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

Latest ROE of 7.6% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion2.19×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend6.6% → 13.3%

Margin has expanded by about 6.7 points — the business is getting more profitable.

Return on equity7.6%

Latest ROE of 7.6% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 10% · PAT 57%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $337.4M · EPS 1.07

Est. earnings growth +3.9%

Next fiscal year

Rev $1.2B · EPS 2.76

Est. earnings growth +12.7%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$41.2952-wk range$52.51

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$3.0B

Day change

+0.5%

P/E (TTM)

25.0

Fwd P/E

18.4

P/B

1.8

Div yield

2.51%

Beta

0.51

Revenue (FY2025)

$963.7M

Net margin

13.3%

ROE

7.6%

Revenue CAGR (2y)

+10.4%

Profit CAGR (2y)

+57.2%

EPS (FY2025)

2.15

Net profit (FY2025)

$128.2M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about CWT

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$963.7M	$128.2M	2.15	13.3%	7.6%
FY2024	$905.6M	$190.8M	3.25	21.1%	11.6%
FY2023	$790.3M	$51.9M	0.91	6.6%	3.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$197.3M	$4.0M	0.07	2.0%
2025Q3	$314.1M	$61.2M	1.03	19.5%
2025Q2	$256.2M	$42.2M	0.71	16.5%
2025Q1	$182.7M	$13.3M	0.22	7.3%
2024Q3	$306.2M	$60.7M	1.03	19.8%
2024Q2	$226.7M	$40.6M	0.70	17.9%
2024Q1	$154.9M	$69.9M	1.21	45.1%
2023Q3	$253.3M	$34.4M	0.60	13.6%
2023Q2	$194.2M	$9.6M	0.17	4.9%
2023Q1	$145.2M	$-22.2M	-0.40	-15.3%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Shareholder vote results
SEC5/21/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/20/2026material
8-K — Other events, Exhibits
SEC5/1/2026material
8-K — Results of operations, Exhibits
SEC4/30/2026material
10-Q filing
SEC4/30/2026
8-K — Other events, Exhibits
SEC4/29/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.