California Water Service Group

Utilities · Regulated Water

Overall research band Weak

Quality Weak

Valuation Weak

Balance sheet Very weak

Market confirmation Strong

One-minute company read

What this report can tell you now

What the company does

California Water Service Group (CWT) is a regulated water utility that provides essential water and wastewater services through its subsidiaries across California, Washington, New Mexico, Hawaii, and Texas. The company manages the full water supply chain, including procurement, storage, treatment, testing, and distribution for domestic, industrial, public, agricultural, and fire protection uses. CWT serves approximately 494,500 customer connections in California, 36,400 in Washington, 8,600 in New Mexico, and 6,200 in Hawaii. In addition to its core regulated utility operations, the company offers non-regulated services such as water system management for municipalities and private clients, operation of recycled water networks, meter reading, billing, laboratory services, and leasing antenna sites to telecommunications companies. Revenue is generated from water and wastewater services, non-regulated water-related offerings, and ancillary activities like site leasing and third-party insurance billing.

The current research profile is Turnaround Candidate, with elevated leverage. This is a starting point for investigation, not a forecast or recommendation.

Strongest visible signal

Recent market behavior is the strongest visible confirmation. Check whether it agrees with the underlying business evidence.

What to investigate next

Read the latest filing or company update, check the period behind the metrics, and investigate the dimension with the weakest band above.

Before you draw a conclusion

Read the latest filing or company update.
Check the financial period behind each metric.
Investigate the weakest score band and any missing evidence.

Headline fundamentals

A small set of signals worth checking

ROIC5.1%Model input; read with the evidence status and period context.

Operating margin18.2%Model input; read with the evidence status and period context.

Revenue CAGR · 4 years6.0%Model input; read with the evidence status and period context.

FCF margin-21.4%Model input; read with the evidence status and period context.

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