California Water Service Group is the parent company of several water utility companies in the United States. Through its subsidiaries, the Group provides water utility and other related services in California, Washington, New Mexico, and Hawaii. The Company engages 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.

California Water Service is also involved in the non-regulated water-related services, including operating water and waste water systems; providing operating and maintenance, meter reading, and billing services to private companies and municipalities; leasing communication antenna sites on its properties to telecommunication companies; billing of third-party insurance programs to its residential customers; operating recycled water systems; providing lab services; and selling surplus property. 

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Employee Rating

3.6More
TypePublic
HQSan Jose, US
Founded1926
Size (employees)1,171 (est)
Websitecalwatergroup.com
California Water Service Group was founded in 1926 and is headquartered in San Jose, US
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Key People/Management at California Water Service Group

Martin Kropelnicki

Martin Kropelnicki

President and Chief Executive Officer
David Healey

David Healey

Vice President, Controller
Robert Kuta

Robert Kuta

Vice President, Engineering
Michael Luu

Michael Luu

Vice President of Customer Service and Chief Information Officer
Lynne McGhee

Lynne McGhee

Vice President, General Counsel
Michelle Mortensen

Michelle Mortensen

Corporate Secretary
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California Water Service Group Office Locations

California Water Service Group has an office in San Jose
San Jose, (HQ)
1720 N 1st St
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California Water Service Group Financials and Metrics

California Water Service Group Revenue

California Water Service Group's revenue was reported to be $666.89 m in FY, 2017
USD

Revenue (Q2, 2018)

304.9m

Net income (Q2, 2018)

10.5m

EBIT (Q2, 2018)

33.1m

Market capitalization (12-Dec-2018)

2.3b

Closing stock price (12-Dec-2018)

47.8

Cash (30-Jun-2018)

33.7m

EV

2.6b
California Water Service Group's current market capitalization is $2.3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

588.4m609.4m666.9m

Revenue growth, %

9%

General and administrative expense

113.1m98.5m102.9m

Operating expense total

517.2m533.2m572.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

184.4m110.5m158.4m191.2m122.0m144.4m183.5m121.7m152.4m184.3m122.0m171.1m211.7m132.2m304.9m

General and administrative expense

24.7m25.1m23.8m23.8m27.7m26.6m30.7m27.8m23.4m23.8m25.2m23.8m24.9m26.3m50.7m

Operating expense total

148.6m109.4m135.1m150.4m114.5m26.6m151.3m115.5m23.4m23.8m114.0m23.8m24.9m124.2m50.7m

Depreciation and amortization

14.5m14.6m16.0m15.8m20.7m41.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

27.5m19.6m8.8m25.5m94.8m

Accounts Receivable

2.5b

Inventories

Current Assets

139.5m154.1m127.6m142.1m227.9m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

48.8m21.7m29.7m29.5m33.3m24.5m50.8m30.9m30.8m21.4m12.0m29.1m28.3m34.7m33.7m

Current Assets

170.6m130.1m150.8m177.3m159.3m150.2m191.1m148.5m159.0m151.1m128.2m170.6m180.5m165.8m189.6m

PP&E

1.5b1.5b1.5b1.6b1.6b1.6b1.7b1.7b1.8b1.8b1.9b1.9b2.0b2.1b2.1b

Goodwill

2.6m2.6m2.6m2.6m2.6m2.6m2.6m2.6m2.6m2.6m2.6m2.6m2.6m2.6m2.6m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

47.3m48.8m45.0m48.7m67.2m

Depreciation and Amortization

60.3m63.2m65.2m78.6m

Inventories

Accounts Payable

3.8m(819.0k)3.8m1.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018

Net Income

41.6m(5.5m)17.2m45.3m1.6m9.8m25.1m(798.0k)10.7m22.9m1.1m(2.5m)10.5m

Depreciation and Amortization

45.1m16.1m16.1m48.5m15.3m15.4m15.3m16.5m32.7m15.9m19.2m21.2m42.6m

Accounts Payable

7.7m70.9m7.2m57.7m68.7m77.3m65.4m4.7m84.1m69.3m(7.0m)6.4m

Cash From Operating Activities

101.9m100.2m31.0m59.1m28.3m49.6m
USDY, 2018

EV/EBIT

78.2 x

EV/CFO

52.2 x
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California Water Service Group News and Updates

California Water Service Group and Subsidiary California Water Service Announces Two New Officers; Three Others to Assume Additional Responsibilities

SAN JOSE, Calif., Dec. 03, 2018 (GLOBE NEWSWIRE) -- California Water Service Group (Group) and its subsidiary California Water Service (Cal Water) today announced the appointment of two new Cal Water officers and the assumption of additional responsibilities by three current Group officers.  On Ja…

California Water Service Group Announces Earnings for the Third Quarter 2018

SAN JOSE, Calif., Nov. 01, 2018 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced net income of $34.4 million or $0.72 earnings per diluted common share for the third quarter of 2018, compared to net income of $33.8 million or $0.70 earnings per diluted common share fo…

California Water Service Group Schedules Third Quarter 2018 Earnings Results Announcement and Teleconference

SAN JOSE, Calif., Oct. 11, 2018 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its third quarter 2018 earnings results will be released at 9:00 a.m. ET with its teleconference to follow at 11:00 a.m. ET on Thursday, November 1, 2018. 

California Water Service Group Releases 2017-2018 Corporate Citizenship Report

SAN JOSE, Calif., Sept. 21, 2018 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE:CWT) today announced that it has published its 2017-2018 Corporate Citizenship Report entitled, “Living Our Purpose.” The report highlights the utility’s efforts to enhance the quality of life for its custome…
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California Water Service Group Blogs

California Water Service Group Announces Selection of Its Hawaii Subsidiary to Operate and Maintain Wastewater System on Island of Hawaii

SAN JOSE, Calif. , Oct. 15, 2018 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) announced today that its Hawaii subsidiary, Hawaii Water Service, has entered into an agreement with Keauhou Community Services, Inc. (KCSI) to operate and maintain a wastewater collection and treatment

Scammers Targeting Utility Customers in King City Area

KING CITY, Calif. —California Water Service (Cal Water) is urging residents to be vigilant after reports of scammers targeting customers of multiple utilities emerged, in which scammers are trying to obtain access to customers' homes. In the most recent case affecting Cal Water customers, scammers

California Water Service Launches Fifth Annual Classroom Conservation Competition

Elementary students encouraged to submit water conservation projects SAN JOSE, Calif. , Oct. 09, 2018 (GLOBE NEWSWIRE) -- California Water Service ( Cal Water ) (NYSE: CWT) and the North American Association for Environmental Education (NAAEE) today announced the launch of the fifth annual Cal

California Water Service Group Named Great Place to Work® for Third Year in a Row

California Water Service Group Named Great Place to Work® for Third Year in a Row Content Import Mon, 10/08/2018 - 16:18 California Water Service Group Named Great Place to Work® for Third Year in a Row October 8, 2018 at 4:15 PM EDT This release is a backfill…

California Water Service Begins Water Main Replacement Project in Chico District

California Water Service Begins Water Main Replacement Project in Chico District DominickCancilla Thu, 10/04/2018 - 18:13 California Water Service Begins Water Main Replacement Project in Chico District October 4, 2018 at 3:10 PM PDT This release is a backfill…

California Water Service's Marysville District Supports Local Homeless Youth

California Water Service's Marysville District Supports Local Homeless Youth DominickCancilla Thu, 10/04/2018 - 16:22 California Water Service's Marysville District Supports Local Homeless Youth October 4, 2018 at 1:22 PM PDT This release is a backfill from a …
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California Water Service Group Company Life and Culture

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California Water Service Group Frequently Asked Questions

  • When was California Water Service Group founded?

    California Water Service Group was founded in 1926.

  • Who are California Water Service Group key executives?

    California Water Service Group's key executives are Martin Kropelnicki, David Healey and Robert Kuta.

  • How many employees does California Water Service Group have?

    California Water Service Group has 1,171 employees.

  • What is California Water Service Group revenue?

    Latest California Water Service Group annual revenue is $666.9 m.

  • What is California Water Service Group revenue per employee?

    Latest California Water Service Group revenue per employee is $569.5 k.

  • Who are California Water Service Group competitors?

    Competitors of California Water Service Group include U.S. Water, Bristol Water and Water Innovations.

  • Where is California Water Service Group headquarters?

    California Water Service Group headquarters is located at 1720 N 1st St, San Jose.

  • Where are California Water Service Group offices?

    California Water Service Group has an office in San Jose.

  • How many offices does California Water Service Group have?

    California Water Service Group has 1 office.