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California Water Service Group

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, USMap
Websitecalwatergroup.com
Employee Ratings3.7More
View Jobs (7)

Recent NewsAll News

Latest Updates

Employees (est.) (Sept 2019)1,198
Job Openings7
Revenue (FY, 2018)$674.7 M
Share Price (Dec 2019)$51.9

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 an office in San Jose
San Jose, US (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 $674.74 m in FY, 2018
USD

Revenue (Q3, 2019)

215.0m

Net income (Q3, 2019)

42.4m

EBIT (Q3, 2019)

51.6m

Market capitalization (6-Dec-2019)

2.5b

Closing stock price (6-Dec-2019)

51.9

Cash (30-Sept-2019)

51.3m

EV

3.4b
California Water Service Group's current market capitalization is $2.5 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

674.7m

Revenue growth, %

9%

General and administrative expense

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

Operating expense total

75.3m85.8m93.9m98.1m97.4m113.1m98.5m102.9m100.8m
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, 2019

Revenue

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

General and administrative expense

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

Operating expense total

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

EBIT

16.3m25.9m9.9m19.6m30.1m6.6m19.6m36.4m5.8m20.8m35.8m1.2m23.3m40.8m7.5m16.5m32.2m6.3m18.5m30.1m8.1m25.3m41.2m8.1m25.1m45.5m476.0k27.0m51.6m
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

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

Accounts Receivable

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

Prepaid Expenses

15.1m16.5m

Inventories

6.1m5.9m5.9m5.6m6.0m6.3m6.5m6.6m
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, 2019

Cash

5.6m9.7m40.9m32.9m46.7m16.0m20.8m17.0m127.7m38.7m48.8m21.7m29.7m29.5m33.3m24.5m50.8m30.9m30.8m21.4m12.0m29.1m28.3m34.7m33.7m66.4m60.2m54.6m51.3m

Accounts Receivable

27.0m33.6m21.2m30.6m38.7m24.2m37.2m48.1m29.2m41.5m43.0m26.8m34.3m37.1m24.3m29.5m41.6m31.4m36.6m45.4m24.7m39.0m47.0m28.2m44.7m50.8m27.6m43.3m45.6m

Prepaid Expenses

27.3m16.5m18.4m20.3m16.1m18.1m19.3m

Inventories

5.7m5.9m6.1m6.1m5.8m5.8m6.1m6.0m5.7m5.7m5.7m6.0m6.0m5.9m6.2m6.1m6.1m6.3m6.4m6.3m6.4m6.5m6.3m6.5m6.7m6.6m6.4m7.0m7.8m
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

37.7m37.7m48.8m47.3m56.7m45.0m48.7m67.2m65.6m

Depreciation and Amortization

45.3m52.0m56.9m60.3m63.3m63.2m65.2m78.6m85.7m

Accounts Payable

220.0k4.6m879.0k3.8m(1.4m)(819.0k)3.8m1.6m4.7m

Cash From Operating Activities

75.5m111.3m131.9m124.2m128.1m144.6m159.7m147.8m179.0m
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, 2019

Net Income

12.4m32.8m2.7m14.9m35.8m1.1m14.1m43.8m(1.1m)12.4m41.6m(5.5m)11.7m45.3m1.6m11.4m36.5m(798.0k)10.7m33.6m1.1m19.7m53.5m(2.5m)10.5m44.9m(7.6m)9.4m51.8m

Depreciation and Amortization

22.9m34.6m13.0m25.8m39.0m14.4m28.6m42.7m15.1m30.1m45.1m16.6m33.2m48.5m15.7m31.7m47.4m16.5m32.7m48.9m19.7m39.3m59.0m21.2m42.6m64.1m22.9m45.7m68.5m

Accounts Payable

5.3m4.2m(4.2m)10.3m15.0m334.0k8.9m13.1m(730.0k)8.8m7.7m178.0k12.8m7.2m(419.0k)1.5m7.2m(5.1m)4.7m8.9m(5.5m)3.2m6.7m(7.0m)6.4m18.1m(4.2m)5.9m16.7m

Cash From Operating Activities

32.9m77.5m24.6m47.7m97.7m22.9m32.1m99.4m19.5m36.8m101.9m10.5m43.2m100.2m26.9m48.3m116.5m31.0m59.1m123.2m14.3m35.7m109.8m28.3m49.6m119.5m20.1m43.4m128.3m
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USDY, 2019

EV/EBIT

66.1 x

EV/CFO

26.6 x

Revenue/Employee

179.4k

Debt/Equity

1.3 x

Debt/Assets

0.3 x

Financial Leverage

4 x
Show all financial metrics

California Water Service Group Online and Social Media Presence

California Water Service Group's Trends

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California Water Service Group News and Updates

December 04, 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,…
October 31, 2019

California Water Service Group Announces Third Quarter 2019 Earnings and Equity Program

SAN JOSE, Calif., Oct. 31, 2019 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced net income of $42.4 million or $0.88 earnings per diluted common share for the third quarter of 2019, compared to net income of $36.2 million or $0.75 earnings per diluted common share fo…
October 30, 2019

California Water Service Group Board of Directors Declares 299th Consecutive Quarterly Dividend

SAN JOSE, Calif., Oct. 30, 2019 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 299th consecutive quarterly dividend in the amount of $0.1975 per common share.  It will be payable on November 22, 2019 to stockholder…
October 09, 2019

California Water Service Group Reaches Settlement in 2018 Proposal to Invest in its California Water Systems Through 2021

SAN JOSE, Calif., Oct. 09, 2019 (GLOBE NEWSWIRE) -- Yesterday, California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT), jointly filed a formal settlement agreement in its 2018 General Rate Case (GRC) with the Public Advocates Office of the Califor…
August 01, 2019

California Water Service Group Announces Earnings for the Second Quarter 2019

SAN JOSE, Calif., Aug. 01, 2019 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced net income of $17.0 million or $0.35 earnings per diluted common share for the second quarter of 2019, compared to net income of $14.8 million or $0.31 earnings per diluted common share f…
July 31, 2019

California Water Service Group Board of Directors Declares 298th Consecutive Quarterly Dividend

SAN JOSE, Calif., July 31, 2019 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 298th consecutive quarterly dividend in the amount of $0.1975 per common share.  It will be payable on August 23, 2019 to stockholders …
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California Water Service Group Blogs

December 03, 2019

Cal Water to Begin New Water Main Installation in Salinas' Santa Rita Subdivision

Cal Water to Begin New Water Main Installation in Salinas' Santa Rita Subdivision DominickCancilla Tue, 12/03/2019 - 13:34 Cal Water to Begin New Water Main Installation in Salinas' Santa Rita Subdivision December 3, 2019 at 10:30 AM PST This release is a back…
November 25, 2019

California Water Service Launches “Connected Customer” Service to Enhance Customer Experience

SAN JOSE, Calif. , Nov. 25, 2019 (GLOBE NEWSWIRE) -- As part of its ongoing commitment to enhancing customer service, California Water Service ( Cal Water ) today launched its new “Connected Customer” notification service, which enables customers to receive real-time updates about their service
November 21, 2019

Scott L. Morris

Scott L. Morris DominickCancilla Thu, 11/21/2019 - 12:28 Member of the Organization/Compensation Committee Member of the Enterprise Risk Management, Safety, and Security Committee Scott L. Morris
November 21, 2019

Patricia K. Wagner

Patricia K. Wagner DominickCancilla Thu, 11/21/2019 - 12:27 Member of the Audit Committee Member of the Nominating Committee Patricia K. Wagner Financial Expert
November 20, 2019

California Water Service Group Announces Election of Morris and Wagner to Board of Directors

SAN JOSE, Calif. , Nov. 20, 2019 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced the election of Scott L. Morris , 60, and Patricia K. (Patti) Wagner , 57, to the Company’s Board of Directors, effective January 1, 2020 .
November 19, 2019

California Water Service's Salinas and King City Districts Donate $19,000 to Help Those in Need During Holiday Season

SALINAS, Calif. — During this season of giving, California Water Service (Cal Water) partnered with local legislators and charitable organizations on Monday, Nov. 18, 2019, to help feed and provide services to families in need. Through the utility's annual Operation Gobble program, Cal Water
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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 1,198 employees.

  • What is California Water Service Group revenue?

    Latest California Water Service Group annual revenue is $674.7 m.

  • What is California Water Service Group revenue per employee?

    Latest California Water Service Group revenue per employee is $563.2 k.

  • Who are California Water Service Group competitors?

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

  • 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.