Cadiz (CDZI) Gross Margin (2010 - 2025)
Cadiz (CDZI) posted Gross Margin of 33.03% for Q4 2025, up 20.83% sequentially from 27.33% in Q3 2025, and down 312.0% YoY from 15.58% in Q4 2024.
Cadiz (CDZI) Gross Margin (2010 - 2025) Analysis & Trends
Cadiz has reported Gross Margin for 11 years, with the latest figure at 33.03% in Q4 2025.
- Quarterly Gross Margin fell 312.0% year-over-year to 33.03% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 31.57% (up 753.0% YoY) and the FY2025 annual result came in at 31.57%, up 753.0% from the prior year.
- Gross Margin grew to 33.03% in Q4 2025 per CDZI's latest filing, from 27.33% in the prior quarter.
- Over five years, Gross Margin peaked at 100.0% in Q3 2021 and troughed at 105.41% in Q4 2023.
- A 5-year average of 10.25% and a median of 27.33% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 19416 bps in 2022, then jumped 14156 bps in 2024.
- Over 5 years, Gross Margin stood at 100.0% in 2021, then tumbled by 157 bps to 57.49% in 2022, then slumped by 83 bps to 105.41% in 2023, then surged by 134 bps to 36.15% in 2024, then decreased by 9 bps to 33.03% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 33.03%, 27.33%, and 35.41% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.66 Bn | 26.47 Bn | - | - |
| 2 | Essential Utilities | 11.36 Bn | 11.35 Bn | - | - |
| 3 | American States Water | 3.38 Bn | 3.36 Bn | 278.03 Mn | 91.44% |
| 4 | California Water Service | 3.02 Bn | 2.93 Bn | 263.45 Mn | 85.37% |
| 5 | H2O America | 2.60 Bn | 2.49 Bn | 197.11 Mn | 93.65% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | - |
| 7 | Consolidated Water | 517.12 Mn | 390.79 Mn | 10.92 Mn | 36.42% |
| 8 | York Water | 517.01 Mn | 516.45 Mn | - | - |
| 9 | Artesian Resources | 362.21 Mn | 357.96 Mn | 26.56 Mn | 95.63% |
| 10 | Cadiz | 288,587.84 | -8.31 Mn | 1.68 Mn | 33.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 33.03% |
| Sep 30, 2025 | 27.33% |
| Jun 30, 2025 | 35.41% |
| Mar 31, 2025 | 29.65% |
| Dec 31, 2024 | 36.15% |
| Sep 30, 2024 | 25.28% |
| Jun 30, 2024 | -66.08% |
| Mar 31, 2024 | 10.44% |
| Dec 31, 2023 | -105.41% |
| Sep 30, 2023 | -88.04% |
| Jun 30, 2023 | 5.07% |
| Mar 31, 2023 | 83.08% |
| Dec 31, 2022 | -57.49% |
| Sep 30, 2022 | -94.16% |
| Jun 30, 2022 | 100.00% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 100.00% |
| Dec 31, 2015 | -104.76% |
| Sep 30, 2015 | -28.19% |
| Dec 31, 2014 | -368.75% |