OverviewSuggest Edit

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. 

TypePublic
Founded1926
HQSan Jose, CA, US
Websitecalwatergroup.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2019)1,207
Revenue (FY, 2019)$664.4 M(-1%)
Share Price (Jan 2021)$54.5
Cybersecurity ratingAMore

Key People/Management at California Water Service Group

Shannon Dean

Shannon Dean

Vice President, Corporate Communications and Community Affairs
Gerald A. Simon

Gerald A. Simon

Vice President and Chief Safety, Security, and Emergency Preparedness Officer
David Healey

David Healey

Vice President, Controller
Martin Kropelnicki

Martin Kropelnicki

President and Chief Executive Officer
Robert Kuta

Robert Kuta

VP, Engineering, Chief Water Quality, Environmental Compliance Officer
Michael Luu

Michael Luu

Vice President of Customer Service and Chief Information Officer
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California Water Service Group Office Locations

California Water Service Group has offices in San Jose and Olympia
San Jose, CA, US (HQ)
1720 N 1st St
Olympia, WA, US
6800 Meridian Rd SE
Show all (2)

California Water Service Group Financials and Metrics

California Water Service Group Revenue

California Water Service Group's revenue was reported to be $664.36 m in FY, 2019
USD

Revenue (Q3, 2020)

222.5m

Net income (Q3, 2020)

96.4m

EBIT (Q3, 2020)

106.1m

Market capitalization (15-Jan-2021)

2.7b

Closing stock price (15-Jan-2021)

54.5

Cash (30-Sept-2020)

113.3m

EV

3.8b
California Water Service Group's current market capitalization is $2.7 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

674.7m664.4m

Revenue growth, %

9%

General and administrative expense

75.3m85.8m93.9m98.1m97.4m113.1m98.5m102.9m100.8m108.6m

Operating expense total

75.3m85.8m93.9m98.1m97.4m113.1m98.5m102.9m100.8m108.6m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

134.3m171.8m209.5m117.4m167.5m215.0m134.8m172.5m222.5m

General and administrative expense

18.5m17.8m20.5m20.6m21.6m23.0m22.2m23.9m25.3m23.2m24.7m25.1m23.8m23.8m27.7m26.6m30.7m27.8m23.4m23.8m25.2m23.8m24.9m26.3m24.4m26.5m29.1m25.4m26.8m29.7m26.9m29.2m

Operating expense total

18.5m17.8m20.5m20.6m21.6m23.0m22.2m23.9m25.3m23.2m24.7m25.1m23.8m23.8m27.7m26.6m30.7m27.8m23.4m23.8m25.2m23.8m24.9m26.3m24.4m26.5m29.1m25.4m26.8m29.7m26.9m29.2m

Depreciation and amortization

24.5m24.5m24.7m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

42.3m27.2m38.8m27.5m19.6m8.8m25.5m94.8m47.2m42.7m

Accounts Receivable

25.8m28.4m30.0m31.5m25.8m31.5m2.5b32.5m30.0m32.1m

Prepaid Expenses

15.1m16.5m

Inventories

6.1m5.9m5.9m5.6m6.0m6.3m6.5m6.6m7.7m
USDQ2, 2010

Financial Leverage

3.8 x
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California Water Service Group Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

California Water Service Group Online and Social Media Presence

Embed Graph

California Water Service Group News and Updates

California Water Service Group Promotes Michelle Mortensen to Vice President, Corporate Secretary

SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) -- As part of its move to consolidate oversight of key functional areas, California Water Service Group (Group) (NYSE: CWT) today promoted Michelle R. Mortensen to Vice President, Corporate Secretary, effective January 1, 2021. In her expanded role,…

California Water Service Group Promotes Mike Mares to Vice President of Full Group’s Utility Operations

SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced the promotion of Michael S. Mares, Jr. from Vice President, California Operations to Vice President, Operations. Effective January 1, 2021, Mares will oversee field operations for…

California Water Service Group Announces Third Quarter 2020 Results

SAN JOSE, Calif., Nov. 06, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) (the “Company”) today announced net income of $96.4 million or $1.94 earnings per diluted common share for the third quarter of 2020, compared to a net income of $42.4 million or $0.88 earnings per dilut…

California Water Service Group Announces Second Quarter 2020 Results

SAN JOSE, Calif., July 30, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) (the “Company”) today announced net income of $5.3 million or $0.11 earnings per diluted common share for the second quarter of 2020, compared to a net income of $17.0 million or $0.35 earnings per dilut…

California Water Service Group Announces 2019 Earnings for Year and Fourth Quarter

SAN JOSE, Calif., Feb. 27, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) (the “Company”) today announced net income of $63.1 million and diluted earnings per share of $1.31 for 2019, compared to net income of $65.6 million and diluted earnings per share of $1.36 in 2018. 2019…

California Water Service Group and Subsidiary California Water Service Company Announces New Officer

SAN JOSE, Calif., Dec. 03, 2019 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) and its subsidiary California Water Service Company (Cal Water) today announced the appointment of Todd Peters from Chief Engineer to Chief Engineering Officer for Cal Water, effective January 1,…
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California Water Service Group Blogs

Cal Water Announces Temporary Leadership Assignments in Salinas Valley Districts

SALINAS, Calif.— California Water Service (Cal Water) announced changes in local leadership for the utility's King City and Salinas Districts, effective today. Salinas District Manager Brenda Granillo will be away from the office until July 2021, resulting in Marc Bloom stepping in as Interim

Cal Water Announces Temporary Leadership Assignments for Chico District

CHICO, Calif. — California Water Service (Cal Water) has announced temporary changes in leadership for the utility's Chico District. Tavis Beynon has taken the helm as Interim District Manager in Chico, while previous District Manager George Barber is serving as Interim Director of Field Operations

California Water Service Launches, Expands Seventh Annual H2O Challenge Classroom Competition

California Water Service Launches, Expands Seventh Annual H2O Challenge Classroom Competition DominickCancilla Wed, 01/13/2021 - 16:54 California Water Service Launches, Expands Seventh Annual H2O Challenge Classroom Competition January 13, 2021 at 1:30 PM PST …

Cal Water to Construct Treatment Plant in Montebello to Remove PFOS and PFOA, Expand Water Resources, and Ensure Customer Safety

Cal Water to Construct Treatment Plant in Montebello to Remove PFOS and PFOA, Expand Water Resources, and Ensure Customer Safety DominickCancilla Wed, 01/13/2021 - 15:51 Cal Water to Construct Treatment Plant in Montebello to Remove PFOS and PFOA, Expand Water Resources, and Ensure Custome…

Stephen Johnson Named Visalia District Manager

Stephen Johnson Named Visalia District Manager DominickCancilla Tue, 01/12/2021 - 09:28 Stephen Johnson Named Visalia District Manager January 11, 2021 at 4:00 PM PST This release is a backfill from a News Wire General VISALIA, Calif.…

Cal Water Starts Water Infrastructure Upgrade in King City

KING CITY, Calif. — California Water Service (Cal Water) began an important water main replacement project in King City that will keep critical water infrastructure and service in the area safe and reliable. The upgrade will ensure customers, including Town Square tenants and other downtown
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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 Shannon Dean, Gerald A. Simon and David Healey.

  • How many employees does California Water Service Group have?

    California Water Service Group has 1,207 employees.

  • What is California Water Service Group revenue?

    Latest California Water Service Group annual revenue is $664.4 m.

  • What is California Water Service Group revenue per employee?

    Latest California Water Service Group revenue per employee is $550.4 k.

  • Who are California Water Service Group competitors?

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

  • 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 offices in San Jose and Olympia.

  • How many offices does California Water Service Group have?

    California Water Service Group has 2 offices.