Touchstone
Last syncNov 1, 2026, 6:55 PM ET

CWT

California Water Service Group Utilities Water Supply Russell 3000
$48.50Close $2.9BMarket cap $41.39 – $52.0952-week range Jan 28, 2027Next report · estimated

Highlights

Cautions

  • Trend not confirmed 6 of 8 conditions · under 30% off the low, RS under 70
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 29, 2026
Off 12-month high 7%
1wk up 1.0% price change
1mo up 4.8% price change
12-month return up 10% market up 11% · its own down 6%
F-score — — Not assessed
Altman Z″ 0.99 Elevated risk
P/E 22.6× price / earnings
PEG — P/E / EPS growth
P/B 1.7× price / book
Earnings yield up 4.0% EBIT / enterprise value
Cheaper than 74% of the market · cheap
Revenue growth up 6% year on year
EPS growth up 2% latest quarter · -30 pts
Sales growth up 5% latest quarter · -3 pts
ROE up 8% return on equity
Free cash margin up 31% $302.6M FCF
D/E 0.87 long-term debt / equity
Net debt / EBITDA 4.5×
Interest cover —EBIT / interest

Trade setup

ATR% 2.2% $1.08 a day · 2×ATR $46.35
RS 55 / 99 vs the universe
Trend 6 / 8 under 30% off the low, RS under 70
Relative volume 1.3× vs 50-day average
Up/down volume 0.95 50 sessions
Implied move — no scheduled report
Trend template · 6 of 8
  • At least 30% above the 52-week low: fails
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Heavily indebted Net debt is 4.5 times EBITDA — roughly 4 years of earnings before interest, tax and depreciation to repay borrowings in full.
Last reported Oct 29, 2026
Results reaction Oct 29, 2026+5% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $963.7M +6% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $697.6M FY2021 · $765.7M FY2022 · $772.6M FY2023 · $790.3M FY2024 · $905.6M FY2025 · $963.7M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $127.8M -33% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $96.8M FY2021 · $101.1M FY2022 · $96.0M FY2023 · $51.9M FY2024 · $190.8M FY2025 · $127.8M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $302.6M +4% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $117.9M FY2021 · $231.7M FY2022 · $243.8M FY2023 · $217.8M FY2024 · $290.9M FY2025 · $302.6M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 13%
  • Free cash 31%
0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net 14% · Free cash 17% FY2021 · Net 13% · Free cash 30% FY2022 · Net 12% · Free cash 32% FY2023 · Net 7% · Free cash 28% FY2024 · Net 21% · Free cash 32% FY2025 · Net 13% · Free cash 31%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $1.4B net debt
  • Cash
  • Long-term debt
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $44.6M · Long-term debt $781.1M FY2021 · Cash $78.4M · Long-term debt $1.1B FY2022 · Cash $62.1M · Long-term debt $1.1B FY2023 · Cash $39.6M · Long-term debt $1.1B FY2024 · Cash $50.1M · Long-term debt $1.1B FY2025 · Cash $51.8M · Long-term debt $1.5B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 59.64m +18.5% since FY2020
59.64m 50.33m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 50.33m FY2021 · 53.72m FY2022 · 55.60m FY2023 · 57.72m FY2024 · 59.48m FY2025 · 59.64m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $697.6M $765.7M $772.6M $790.3M $905.6M $963.7M
Operating income $136.7M $126.8M $127.7M $77.1M $225.1M $170.4M
Net income $96.8M $101.1M $96.0M $51.9M $190.8M $127.8M
Net margin 14% 13% 12% 7% 21% 13%
Earnings per share $1.97 $1.96 $1.77 $0.91 $3.25 $2.14
Free cash flow $117.9M $231.7M $243.8M $217.8M $290.9M $302.6M
Free cash margin 17% 30% 32% 28% 32% 31%
Cash $44.6M $78.4M $62.1M $39.6M $50.1M $51.8M
Long-term debt $781.1M $1.1B $1.1B $1.1B $1.1B $1.5B
Shareholders' equity $921.3M $1.2B $1.3B $1.4B $1.6B $1.7B
Shares outstanding 50.33m 53.72m 55.60m 57.72m 59.48m 59.64m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 29, 2026 Quarterly ↗ Sep 30, 2026 29d
Jul 30, 2026 Quarterly ↗ Jun 30, 2026 30d
Apr 30, 2026 Quarterly ↗ Mar 31, 2026 30d
Feb 27, 2026 Annual ↗ Dec 31, 2025 58d
Oct 30, 2025 Quarterly ↗ Sep 30, 2025 30d
Jul 31, 2025 Quarterly ↗ Jun 30, 2025 31d
May 1, 2025 Quarterly ↗ Mar 31, 2025 31d
Feb 27, 2025 Annual ↗ Dec 31, 2024 58d
Oct 31, 2024 Quarterly ↗ Sep 30, 2024 31d
Aug 1, 2024 Quarterly ↗ Jun 30, 2024 32d
Apr 25, 2024 Quarterly ↗ Mar 31, 2024 25d
Feb 29, 2024 Annual ↗ Dec 31, 2023 60d

Current reports

FiledDisclosed
Oct 29, 2026 Results ↗
Oct 28, 2026 Other events ↗
Oct 15, 2026 Other events ↗
Jul 30, 2026 Results ↗
Jul 29, 2026 Other events ↗
May 21, 2026 Shareholder vote ↗
May 20, 2026 Regulation FD ↗
May 1, 2026 Other events ↗
Apr 30, 2026 Results ↗
Apr 29, 2026 Other events ↗
Mar 18, 2026 Other events ↗
Mar 5, 2026 Regulation FD ↗