Inferra AI / Company / CWT
California Water Service Group
CWT · Utilities
Last earnings Oct 29, 2026
Key results
Net incomequarter
$61.2 million
Financial highlights included: · Net income of $61.2 million in Q3 2025 and diluted EPS of $1.03, consistent with net income and diluted EPS reported in Q3 2024.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
EPSquarter
$1.03
Financial highlights included: · Net income of $61.2 million in Q3 2025 and diluted EPS of $1.03, consistent with net income and diluted EPS reported in Q3 2024.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Revenuequarter
$4.7 million
· Approval from the Hawaii Public Utilities Commission to increase rates in Hawaii Water Service’s five Waikoloa water and wastewater systems to increase annual revenues by $4.7 million.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Q3 2025 Financial Results · Q3 2025 revenue increased $11.6 million or 3.9% to $311.2 million, compared to revenue of $299.6 million in Q3 2024.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Monterey-Style Water revenuequarter
$12.7 million
Rate changes and changes in the Monterey-Style Water Revenue Adjustment Mechanism (M-WRAM) added $12.7 million and $3.7 million of revenue, respectively.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Declining customer water usage decreased revenue by $8.1 million, partially offset by a $2.0 million increase in unbilled water sales.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Operating incomequarter
$4.8 million
These increases were partially offset by a decrease in operating income tax expense of $4.8 million, primarily due to a decrease in the effective tax rate.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Net incomeQ3 2025
31.8%
YTD 2025 Financial Results · YTD 2025 net income was $116.7 million or $1.96 per diluted share, a decrease of 31.8% or $54.4 million and $0.97 per diluted share compared to YTD 2024 net income of $171.1 million or $2.93 per diluted share.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
RevenueQ3 2025
4.2%
· YTD 2025 revenue decreased $34.4 million or 4.2% to $780.2 million, compared to YTD revenue of $814.6 million in 2024.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Revenueytd
$780.2 million
· YTD 2025 revenue decreased $34.4 million or 4.2% to $780.2 million, compared to YTD revenue of $814.6 million in 2024.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
AI analysis
Q3 2025 · reported Oct 30, 2025
Based on: Earnings release + Q3 2025 deck + parent 8-K — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $61.2 million | — | — |
| EPS | $1.03 | — | — |
| Revenue | $4.7 million | — | — |
| Monterey-Style Water revenue | $12.7 million | — | — |
| Operating income | $4.8 million | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
· Declaration of the 323 rd consecutive quarterly dividend in the amount of $0.30 per share.
Event summary
Q3 2025 Financial Results · Q3 2025 revenue increased $11.6 million or 3.9% to $311.2 million, compared to revenue of $299.6 million in Q3 2024
Based on: Earnings release + Q3 2025 deck + parent 8-K — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
· Declaration of the 323 rd consecutive quarterly dividend in the amount of $0.30 per share.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
The Company has increased its dividend for 58 consecutive years and has a five-year compound annual dividend growth rate of 7.7%.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Other operations expenses increased $7.8 million, primarily due to an increase in labor costs and bad debt expenses.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
The bad debt expense increase was primarily due to the application of California state arrearage funds to eligible past due and written off accounts in 2024.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Group had an additional short-term borrowing capacity of $255.0 million, subject to meeting the borrowing conditions on its Group and Group subsidiary, Cal Water, lines of credit.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
The Company plans to use settlement proceeds received, net of fees and expenses, to directly offset capital expenditures required to comply with PFAS drinking water regulations.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Strategy & priorities
Kropelnicki, the Company’s strong financial performance reflects continued focus on expense control, investment in water infrastructure, and excellent customer service.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
political environment that has led to, in some cases, legal challenges and uncertainty around the funding, functioning, and policy priorities of the U.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
2025 California Water Service Group 11 2025 California Water Service Group Strong Liquidity Profile Supports Growth Strategy Group maintains strong liquidity profile to execute capital plan and strategic M&A investments Combination of California Water Service Group (Group) Notes and California Water Service Company (Cal Water) Bonds issued in aggregate principal amount of $370M on Oct.
SEC original ↗California Water Service Group — Presentation / slide deck (8-K exhibit)EX-99Oct 30, 2025
Risks & headwinds
They are based on numerous assumptions that we believe are reasonable, but they are open to a wide range of uncertainties and business risks.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
political environment that has led to, in some cases, legal challenges and uncertainty around the funding, functioning, and policy priorities of the U.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
In light of these risks, uncertainties and assumptions, investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this news release.
SEC original ↗California Water Service Group — Earnings release (8-K exhibit)EX-99Oct 30, 2025
They are based on numerous assumptio ns that we believe are reasonable, but they are open to a wide range of uncertainties and business risks.
SEC original ↗California Water Service Group — Presentation / slide deck (8-K exhibit)EX-99Oct 30, 2025
political environment that has led to, in some cases, legal challenges and uncertainty around the funding, functioning and policy prior iti es of U.
SEC original ↗California Water Service Group — Presentation / slide deck (8-K exhibit)EX-99Oct 30, 2025
Earnings deck slides
0 decks with slide viewCalifornia Water Service Group — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
California Water Service Group — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
California Water Service Group — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
California Water Service Group — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
California Water Service Group — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
California Water Service Group — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
36 documentsEarnings releases
11 documentsPresentations
6 documents
Transcripts
0 documentsNo transcripts for California Water Service Group are held in this edition of the library.
Mentioned by
2 companiesOther tracked companies whose held documents mention California Water Service Group by name or ticker. A mention is counted once per document, from the document text the library holds.
“ credit facility. 2024 Fourth Quarter Outlook • Revenues to increase LSD ◦ CCM - up MSD ◦ CWT - down LSD • Adjusted … …markets negatively impacted CWT • Repurchased 1.1 million shares for $466 million and increased quarterly dividend by 18% • Signed ”
“abilize our business as new construction markets work through the bottom of the cycle. At CWT, our recent acquisitions and operational initiatives contributed to revenue growth, and we are well-positioned to capitalize… …dispositions; the cyclical na”
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