California Wat…
ProfileJobs (7)

California Water Service Group

Suggest Edit
    • Energy & Utilitiesdecontaminationdistributionrecyclingwater

    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. 

    Show more
    Revenue(FY, 2017)
    $666.9 M
    Market capitalization(2018-12-12)
    $2.3 B

    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
    Report incorrect company information

    Viewing summary data as a guest

    Sign up for free to see all data

    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
    Show more

    California Water Service Group Office Locations

    California Water Service Group has an office in San Jose
    San Jose, (HQ)
    1720 N 1st St
    Show all (1)
    Report incorrect company information

    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
    show all
    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
    show all
    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
    show all
    USDY, 2018

    EV/EBIT

    		78.2 x

    EV/CFO

    		52.2 x
    Show all financial metrics
    Report incorrect company information

    Competitors

    U.S. Water
    Energy & Utilities - Subsidiary
    Bristol Water
    Energy & Utilities - Public
    Water Innovations
    Energy & Utilities - Private
    APS Water Services
    Energy & Utilities - Private
    Compare competitors

    California Water Service Group News and Updates

    December 03, 2018

    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…
    November 01, 2018

    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…
    October 31, 2018

    California Water Service Group Board of Directors Declares 295th Consecutive Quarterly Dividend

    October 11, 2018

    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. 
    September 21, 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…
    Report incorrect company information

    California Water Service Group Blogs

    October 15, 2018

    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
    October 10, 2018

    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
    October 09, 2018

    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
    October 08, 2018

    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…
    October 04, 2018

    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…
    October 04, 2018

    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 …
    Show more

    California Water Service Group Company Life and Culture

    Report incorrect company information
    Download PDF

     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.