Growth Metrics

Cadiz (CDZI) Gross Margin (2010 - 2025)

Cadiz recorded quarterly Gross Margin of 33.03% in Q4 2025, up 20.83% quarter-over-quarter from 27.33% in Q3 2025, and down 312.0% year-over-year from 15.58% in Q4 2024.

Cadiz's Gross Margin history runs 11 years deep, the most recent figure standing at 33.03% for Q4 2025.

  • In Q4 2025, Gross Margin fell 312.0% year-over-year to 33.03%; the TTM figure through Dec 2025 stood at 31.57% (up 753.0% YoY), while the FY2025 annual figure was 31.57%, up 753.0% from the prior year.
  • Gross Margin came in at 33.03% for Q4 2025 at Cadiz, up from 27.33% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2021 to a low of 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.
  • Across the five-year window, Gross Margin slumped 19416 bps in 2022 and soared 14156 bps in 2024, its largest moves.
  • Cadiz's Gross Margin stood at 100.0% in 2021, then slumped by 157 bps to 57.49% in 2022, then sank by 83 bps to 105.41% in 2023, then jumped by 134 bps to 36.15% in 2024, then retreated 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 24.41 Bn 24.28 Bn 714.00 Mn 59.15%
2 Aris Mining 20.22 Bn 19.75 Bn 233.28 Mn 62.63%
3 Essential Utilities 10.60 Bn 10.53 Bn 685.96 Mn 79.60%
4 American States Water 2.95 Bn 2.94 Bn 104.19 Mn 94.64%
5 California Water Service 2.62 Bn 2.52 Bn 183.34 Mn 85.44%
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn 93.45%
7 Middlesex Water 966.38 Mn 964.34 Mn 25.70 Mn 52.76%
8 Consolidated Water 470.56 Mn 349.42 Mn 10.92 Mn 36.42%
9 York Water 431.27 Mn 431.27 Mn 13.98 Mn 70.00%
10 Cadiz 344,116.67 -8.25 Mn 1.68 Mn 33.03%

Historic Data

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DateValue
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%
Sep 30, 2014 7.54%
Dec 31, 2013 -136.94%
Sep 30, 2013 -60.44%
Mar 31, 2013 100.00%
Dec 31, 2012 -494.74%
Sep 30, 2012 -2.09%
Jun 30, 2012 66.67%
Mar 31, 2012 100.00%
Dec 31, 2011 -80.80%
Sep 30, 2011 -119.83%
Jun 30, 2011 55.00%
Mar 31, 2011 5.47%
Dec 31, 2010 9.57%
Sep 30, 2010 6.57%