CALIFORNIA WATER SERVICE GROUP CWT 72.38
Utilities · NYSE · Data as of 2026-10-29
CALIFORNIA WATER SERVICE GROUP (CWT) has delivered +5.2% annualized revenue growth, +9.9% earnings growth, and +9.8% dividend growth over 10 years of data. Ranked #208 of 1968 stocks overall and #26 of 87 in the Utilities sector by Steady Score.
About CALIFORNIA WATER SERVICE GROUP
Company Overview
California Water Service Group owns regulated water utilities serving communities in California, Hawaii, New Mexico, Washington and Texas. Its systems obtain, treat, store and distribute drinking water to residential, commercial, industrial and public-sector customers. The company also provides wastewater and utility-related services in selected areas. California Water Service, its largest subsidiary, accounts for most customers and operations.
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Business Model & Revenue
Revenue comes mainly from regulated rates approved by state utility commissions. Rates are designed to recover operating expenses and capital invested in wells, treatment, reservoirs, mains and meters while providing an authorized return. Customer usage, approved rate cases and infrastructure spending drive results. Water costs and certain other expenses may be tracked through regulatory mechanisms for later recovery.
Key Facts & Market Position
The business consists of many local water systems rather than one connected network. Reliable service depends on source availability, water quality, drought planning and continuous replacement of underground infrastructure. California regulation dominates the financial profile, while smaller operations provide geographic diversification. Climate variability and affordability increasingly shape investment and rate decisions.